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Technology
Karnataka govt signs LoI with University of York to deepen innovation, research collaboration
The Karnataka government’s Department of Electronics, IT & Biotechnology signed a Letter of Intent (LoI) with the University of York, United Kingdom, in the presence of David Skaith, Mayor of York and North Yorkshire, following a meeting with Home & IT-BT Minister Priyank Kharge, according to the official statement. The LoI creates a framework to explore cooperation in innovation, research, technology, entrepreneurship, startup market access and institutional partnerships, with identified areas including bioeconomy, clean technology, agri-tech and digital technologies.
Business
CapitaLand unveils Rs 1,940 crore Chennai data centre, expands Tamil Nadu presence
CapitaLand Investment (CLI), a global real asset manager, has reaffirmed its long-term commitment to Tamil Nadu with the unveiling of a new data centre in Chennai, as it looks to expand its data centre, logistics and industrial portfolio in the state through its listed and private funds.The facility, CapitaLand Data Centre Chennai 01, is the first data centre development in Tamil Nadu by CLI’s listed fund platform, CapitaLand India Trust (CLINT), a Singapore-listed business trust focused on India. The facility will have a gross power capacity of 53 MW upon completion, targeted by the end of 2026.
Maersk begins its first planned India dry docking
A.P. Moller - Maersk will drydock the Maersk Chattogram at L&T Shipbuilding's Kattupalli Shipyard in October 2026. This marks a significant operational milestone from the Memorandum of Understanding signed in 2025. The drydocking process will include a special survey and maintenance work for various systems. It is crucial for the vessel's safety and performance for the next five years.
Business
CM Revanth Reddy reviews Invest Telangana Global Summit preparations, lays foundation stone for NIUM at Bharat Future City
Telangana Chief Minister Revanth Reddy on Monday visited Young India Skills University in Bharat Future City and reviewed preparations for the Invest Telangana Global Summit2026, scheduled to be held from December 7 to 9, according to the Telangana Chief Minister's Office (CMO). During his visit, Reddy also laid the foundation stone for the construction of the National Institute of Urban Management (NIUM) campus in Bharat Future City.
Telangana plans 250 acres for 10 foreign university campuses
The Telangana government plans to earmark 250 acres in Future City for overseas universities seeking to establish campuses in Hyderabad. It has tentatively decided to allot 20–25 acres to each of 10 foreign universities. The government has appointed a committee of senior officials from various departments to decide on incentives to attract reputed international universities. It plans to frame a dedicated policy covering infrastructure, investments, approvals and academic programmes to bring the institutions to the state by the Global Summit.