Deccan Region Today
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Chandrababu Naidu sets 7.92% monthly progress target for 95 Amaravati projects
Directing infrastructure agencies to operate with a focus on “speed, quality, and delivery,” Chief Minister N Chandrababu Naidu on Tuesday instructed contracting firms and government officials to accelerate construction across the capital region to ensure every project is completed strictly on schedule. Chairing a high-level review meeting with representatives of construction firms and officials at the Secretariat on July 28, the Chief Minister urged contractors to treat building Amaravati not merely as a commercial assignment, but as a prestigious, once-in-a-lifetime opportunity.
Business
Marvell to Invest $250 Million in India, Expanding Bangalore Facility to Drive Next-generation AI Technology Development
Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced plans to invest $250 million in India over the next three years to expand its capabilities across technology, talent and infrastructure. The announcement coincides with a milestone event celebrating 20 years of innovation in India, highlighting the company’s contributions to global technology development, its continued investment in the region and its commitment to advancing India’s semiconductor ecosystem and engineering talent.
Karnataka strengthens strategic partnership with Takeda to accelerate life sciences innovation and Global Capability Centre growth
The Department of Electronics, Information Technology, Biotechnology and Science & Technology (ITBT), Government of Karnataka, today hosted a senior leadership delegation from Takeda Pharmaceutical Company Limited to explore opportunities for expanding the company's Global Capability Centre (GCC) operations in Bengaluru and deepening collaboration with Karnataka's world-class life sciences and innovation ecosystem.
Business
India Digest: Freehand, Oxane Partners in funding news
Freehand, a US-headquartered startup with operations in India that builds AI agents to manage supply-chain spending for large enterprises, has raised $75 million in funding, per an announcement. In India, the startup operates through a Chennai-based subsidiary, Freehand Technologies India, and has been hiring across functions including people operations, marketing and business development.