Deccan Region Today
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US-based Intuit inks Rs 915 cr office lease for over 630,000 sq ft in Bengaluru
Financial software firm Intuit has secured a significant office space in Bengaluru. The deal involves over 630,000 square feet across 11 floors. This transaction highlights strong activity in India's office leasing market. Global Capability Centres are expanding their teams for engineering and AI. Intuit's expansion underscores its commitment to its India development centre.
Geopolitics
UAE to launch 16 new Indian passport and visa centres as Al-Hind takes over consular services
More than four million Indians living in the UAE are set to see a major overhaul in passport, visa and consular services, after India awarded a massive outsourcing contract to Kerala based Al-Hind Group which will launch 16 new service centres across all seven Emirates from July 1, 2026.
Business
PepsiCo India to invest ₹5,700 crore by 2030 on capacity expansion
Food and beverages major PepsiCo will invest up to ₹5,700 crore in India by 2030, mainly to ramp up the manufacturing capacity of its foods business, its India and South Asia CEO Jagrut Kotecha said on Tuesday. PepsiCo India, which posted a profit after tax of ₹905 crore in the 12 months ended December 2025 with a total revenue of ₹9,789 crore, will invest mainly in three manufacturing facilities in Madhya Pradesh, Assam and Tamil Nadu, he told reporters in an interaction here.
Technology
Microsoft's biggest India data centre on track to go live in mid-2026, executive says
Microsoft's (MSFT.O), opens new tab biggest data center in India is on track to open by mid-2026, its country head said on Tuesday, as the tech giant spends heavily to bolster its position in one of the world's largest markets for artificial intelligence services. There's "massive demand" for Azure cloud services and the $30-a-month Copilot 365 AI assistant in the country, Puneet Chandok, president, Microsoft India and South Asia, told Reuters.