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Meta launches 3D Avatars in India

Meta has launched updated 3D Avatars to Facebook and Messenger in India. The new Avatars are more expressive, more customizable and more diverse. To better reflect the billions of unique people on this planet, Meta is adding new facial shapes and assistive devices for people with disabilities....

Investcorp plans to pour in $400 mn in Indian school infrastructure and warehousing

As per news source, Bahrain-based Investcorp is planning to invest $400 million into Indian school infrastructure and warehousing, as the company is looking forward to expanding investments in the South Asian nation, said its Co-Chief Executive. ...

Hitachi launches Lumada Inspection Insights and strengthens digital and green portfolio

Hitachi, Ltd. (TSE:6501) today announced the launch of Lumada Inspection Insights, its end-to-end portfolio of digital solutions for the inspection, monitoring, and optimization of critical assets. ...

German retailer Metro AG planning to exit India by selling its operations: Report

According to a news report, German retailer Metro AG will be exiting the Indian market by selling its cash-and-carry operations for $1.5-1.75 billion....

Infosys reappoints Salil Parekh as CEO and MD for the next 5 years

On the recommendation of the Nomination and Remuneration Committee, the board of directors of IT services major Infosys announced the reappointment of Salil Parekh as the Chief Executive Officer (CEO) and Managing Director (MD) of the company for the period of five years (July 1, 2022 to March 31, 2027). ...

Jewellery exporter Rajesh Exports plans to foray into electric vehicles and semiconductor display fabs

The jewellery exporter - Rajesh Exports is planning to foray into new technology segments like battery cells for electric vehicles and semiconductor display fabs through large, multi-year investments in Karnataka and other states....

NextBillion.ai raises $21Mn in Series B funding round

NextBillion.ai, a spatial data and mapping platform for enterprises, has raised a $21 million led by Mirae Asset Venture Investments in its Series B funding round, including participation from existing investors Lightspeed, Microsoft’s venture arm M12 and Alphawave....

Data Centres receive investment worth USD 2.2 Bn in 2021: Knight Frank India

Leading global consultant in India, Knight Frank, in their latest report Investments in Real Estate- trends in private equity investments in India (Q1 2022)...

Delhivery stock plunges below IPO price in grey market ahead of listing

The shares of Delhivery have slipped below the IPO price in the grey market ahead of listing on May 24. Delhivery is a logistics and supply chain startup. ...

Intel announces new plans to invest in sustainable data center solutions

Intel has announced two new investments in its continuing efforts to create more sustainable data center technology solutions. Intel unveiled plans to invest more than $700 million for a 200,000-square-foot, state-of-the art research and development mega lab focused on innovative data center technologies and addressing areas such as heating, cooling and water usage....