Author: V. Alure

Grant Thornton has appointed Abigail Fisher to the newly created role of chief people officer. She also joins the firm’s UK strategic leadership team, bringing more than 20 years of experience in strategic human resources and organisational transformation to the role. Malcolm Gomersall, UK CEO at Grant Thornton, said, “Abigail’s appointment marks an important step in our journey to strengthen our culture and further enhance our people experience. Her experience and passion for people will help us build on what makes Grant Thornton a great place to work while modernising our operations to meet our clients’ evolving needs.” Having started…

Indian data center firm Yotta to build $2 billion AI hub with Nvidia’s Blackwell chips Source link #Indian #data #center #firm #Yotta #build #billion #hub #Nvidias #Blackwell #chips

Indian data centre company Yotta Data Services said on Wednesday that it will build one of Asia’s largest AI computing hubs using Nvidia’s latest Blackwell Ultra chips.The project will cost more than $2 billion (over ₹16,000 crore), as reported by Reuters.Also Read | AI Summit 2026 LIVE: Spanish President Pedro Sanchez in India for SummitWhat we know about the $2 billion projectAlongside the data center, Nvidia will anchor Asia’s first DGX Cloud supercluster within Yotta’s infrastructure, consuming nearly half of the new graphics processing unit (GPU) capacity under a four-year contract valued at about $1 billion, Economic Times reported citing…

GPT Infra: Company’s JV with RVNL bags contract worth Rs 1,201.36 Crore (Positive)Hexaware Technologies: Company in partnership with Replit, has launched an open version of its AI platform, RapidX®️, with native integration to Replit. (Positive)Bharti Airtel: Company secures RBI registration as type ii NBFC-ND (ICC) to commence non-banking financial operations (Positive)The Ruby Mills: India Ratings and Research has upgraded The Ruby Mills’s bank loan facilities to IND BBB+’/Stable, removing the previous ‘Rating Watch with Developing Implications’. (Positive)Dilip Buildcon: Company has been declared the L-1 bidder for a significant new project awarded by the Narmada Water Resources Water Supply & Kalpasar…

Shares of Dilip Buildcon surged 3.63% to Rs 450.70 on Wednesday, after the company was named the lowest bidder for a major flood control project in Gujarat worth Rs 702 crore.The company has been declared the L-1 bidder for a tender issued by the Narmada Water Resources, Water Supply & Kalpasar Department, Government of Gujarat. The project entails the construction of a flood protection embankment along the Narmada River in Bharuch district.Execution will follow an EPC (Engineering, Procurement, and Construction) model, with a total project cost of Rs 702 crore, excluding GST. The project is expected to be completed over…

Nvidia H100 chips inside a server room at the Yotta Data Services Pvt. data center, in Navi Mumbai, India, March 14, 2024.Dhiraj Singh | Bloomberg | Getty ImagesAmerican AI chip darling Nvidia is expanding its partnerships in India, including with venture capital firms, as it bets on the country’s AI ecosystem that has drawn massive Big Tech investments. The company in statement on Wednesday said it was working with several venture capital firms, including Peak XV, Z47, Elevation Capital, Nexus Venture Partners and Accel India to identify and fund AI startups.This comes as venture capital investors have been increasingly showing interest…

Shares of Netweb Technologies India rallied as much as 14% to touch an intraday high of Rs 3,535 on the NSE on Wednesday, after the company unveiled what it calls one of its most advanced AI infrastructure offerings — the ‘Make in India’ Tyrone Camarero GB200 AI Supercomputer, along with a petascale personal AI system, the Tyrone Camarero Spark.The Spark is positioned as one of the world’s smallest AI supercomputers, bringing NVIDIA’s full AI stack into a compact, desktop-sized system. It combines NVIDIA’s Blackwell GPUs, Grace CPUs, networking, CUDA-X libraries, and the broader AI software stack, and is aimed at…

Amid sharp market swings and a 3% decline in the Nifty50 in January 2026, QAW — the diversified, low-volatility strategy from Qode Advisors PMS — delivered a positive return of nearly 7%.In this edition of ETMarkets PMS Talk, Rishabh Nahar, Partner and Fund Manager at Qode Advisors, explains how a higher allocation to gold and a dynamically managed derivative hedge helped cushion downside risk and generate alpha.He also shares insights into the strategy’s asset allocation framework, risk-adjusted return focus, and why an “all weather” approach may be particularly relevant in today’s uncertain macro environment. Edited Excerpts –Q) QAW delivered nearly…

Corporate AI spending topped $252 billion in 2024. Yet 95% of generative AI pilots deliver no measurable return on investment. The technology works. The people don’t.What’s missing? It’s emotional intelligence, and its decline is costing the economy $8.8 trillion annually in lost employee engagement alone.This isn’t a training gap or a change management failure. It’s something more fundamental: a worldwide decline in people’s capacity to adapt, connect, and lead through complexity. Call it the hidden variable undermining every digital transformation, every efficiency initiative, every leadership mandate to “do more with less.”New research published in Frontiers in Psychology documents what researchers…

France has invested in India for long, but perhaps it’s time for India to up its investments in France, Roland Lescure, Minister of Economy, Finance and Industrial, Energy and Digital Sovereignty of France, has said.  As such, he was hopeful that the trade between the two countries will get a boost with the two countries engaged in strengthening their ties. The recently concluded EU-India trade deal should also help.  “We already have a relationship. I don’t think we export enough here, don’t think India exports enough in France. We have invested here for a long time. I think India should…