Deccan Region Today

Chandrababu Naidu Exclusive: ₹22 Lakh Cr Deals To Quantum Valley, Andhra’s Tech Push

Andhra Pradesh Chief Minister N Chandrababu Naidu speaks exclusively to Business Today TV about the state’s ambitious push to turn investment commitments into projects on the ground. CM Naidu reveals that deals worth ₹22 lakh crore have been signed and outlines Andhra Pradesh’s plans to emerge as a major high-tech hub. From semiconductors and deep-tech to quantum computing, the Chief Minister shares his vision for building an advanced technology ecosystem.

Sumitomo Corp to acquire 49% stake in HFE's 500 MW Karnataka project

Hero Future Energies (HFE), the renewable energy arm of the Hero Group, today announced that Japan's trading and investment company Sumitomo Corporation will acquire a 49 per cent stake in its special purpose vehicle developing a 500 megawatt wind and solar project with large-scale battery energy storage in Karnataka. HFE did not disclose the value of the deal but said it will retain the remaining 51 per cent stake. The company said India’s renewable energy sector is attracting increasing interest from global strategic and institutional investors, supported by the country’s growing focus on clean technology.

TVS ASL raises ₹425 crore from Crescent Enterprises in Series D round

TVS Automobile Solutions (TVS ASL), the owner of the ‘myTVS’ automotive aftermarket brand and part of the $3 billion TVS Mobility Group, on Monday announced that it has raised ₹425 crore in a Series D funding round led by CE-Invests, the strategic investment arm of UAE-based Crescent Enterprises. The investment reflects CE-Invests’ strong interest in the technology-led and scalable platform model that TVS ASL has built through myTVS in India.

Ramco Systems to partner with South Africa’s Altron to sell payroll software to West Asia customers

Ramco Systems, the software as a service company from Chennai’s Ramco Group, has announced a partnership with South-Africa-based technology group Altron to offer Ramco’ Payce payroll solutions to its enterprise customers across the UAE and Saudi Arabia. The partnership will be executed through the companies’ wholly-owned subsidiaries -- Ramco Systems FZ-LLC, Altron Middle East Technologies LLC and Altron Alarabia Company Ltd.

Singapore High Commissioner Simon Wong meets Tamil Nadu CM Vijay, conveys congratulations on assuming office

Singapore High Commissioner to India Simon Wong on Monday met Tamil Nadu Chief Minister C Joseph Vijay in Chennai and conveyed Singapore's warm congratulations to him on assuming office, while expressing the country's interest in further strengthening its longstanding ties with Tamil Nadu. In a post on X, Wong said, Glad to call on Hon'ble Chief Minister of Tamil Nadu, Thiru C. Joseph Vijay. I conveyed Singapore's warm congratulations on his assumption of office and our best wishes for CMs successful tenure.

CM Vijay Writes To Jaishankar On Fishermen Arrest

Expressing deep concern over the Sri Lankan Navy repeatedly arresting fishermen from Tamil Nadu and impounding their boats in the Palk Straits, Chief Minister C Joseph Vijay drew the attention of the Union External Affairs Minister S Jaishankar to the latest incident on October 3 when nine fishermen from Rameswaran were taken into custody along with their motor boat bearing registration number IND-TN-10-MM-0457.