Mphasis Buys Theory and Practice for Rs 68 Crore
Mphasis has acquired Theory and Practice Business Intelligence for Rs 68 crore, gaining its Continuum AI platform that integrates AI with behavioral economics to enhance business decision-making.
Category : Business
Mphasis Buys Theory and Practice BI for Rs 68 Crore
Mphasis has acquired Theory and Practice Business Intelligence for approximately Rs 68 crore. The deal enhances Mphasis's AI capabilities with the Continuum AI platform, which integrates AI and behavioral economics for better business decisions.
Kolkata Developer Escapes Alleged Kidnapping Over Extortion
A Kolkata real estate developer narrowly escaped an alleged kidnapping attempt after refusing to pay Rs 18 lakh in protection money for his construction project, with the incident escalating to a knife threat in public.
MMRDA Keeps Metro 4 Consultant Post-Incident Probe
MMRDA retains the general consultant for Metro Line 4 after an inquiry blamed a welder's error for a fatal accident, imposing penalties but avoiding project delays.
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Trinidad and Tobago Envoy Urges US to Boost Exports to India
The envoy from Trinidad and Tobago calls for the United States to enhance its export efforts into India, emphasizing the need for strategic engagement to make a significant economic impact.
Bhuttico Chief Flags Nationwide Dip in Handloom Weavers
The Chief of Bhuttico, a prominent handloom cooperative, has raised concerns over a significant nationwide decline in the number of weavers, urging government intervention to preserve this traditional craft.
Ernakulam Storm Wreaks Havoc on Plantain and Nutmeg Crops
Severe winds in Ernakulam's Sreemoolanagaram have devastated plantain and nutmeg cultivation, with farmer Kunjavaran losing 2,000 plantains. Agriculture officials assess 400 nutmeg trees damaged, with compensation details for insured and uninsured farmers
Kochi Bevco Outlet Sales Soar to Rs 54 Lakh in a Day
The Bevco premium liquor outlet at Vyttila Metro station in Kochi is recording massive sales, hitting Rs 54 lakh on Easter eve. Beer demand leads, with plans for a beer vending machine and a new outlet at Vadakkekotta station.
Bengaluru's HAL Airport to Become Global Aerospace Hub in 10 Years
A new masterplan proposes converting Bengaluru's 700-acre HAL airport into a world-class aerospace hub, creating India's first integrated defence-civil-space corridor over the next decade.
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Daikin Invests Rs 1,000 Cr in Haryana, 500+ Jobs
Japanese giant Daikin Industries announces a massive Rs 1,000 crore investment in Manesar, Haryana, establishing a major R&D centre and generating over 500 jobs, signaling strong foreign investor confidence.
General Consultant Appointed for Thane's Rs 12,000 Crore Ring Metro
Nagpur's Mahametro has appointed AECOM as the general consultant for the ambitious 29km Thane Integral Ring Metro project, valued at Rs 12,000 crore, to oversee design, quality, and execution.
Fire at Pachpadra Refinery Triggers High-Level Investigation
A major fire at the Pachpadra refinery in Rajasthan has prompted a high-level investigation involving multiple agencies. The incident occurred just before PM Modi's scheduled inauguration, raising serious safety concerns.
Reliance Power CFO, 2 Others Arrested for Forgery
Delhi Police arrests Reliance Power CFO and two associates for alleged forgery and cheating, involving financial documents. Investigation ongoing.
UPEIDA Plans Deemed Approval for UP Expressway Industrial Units
UPEIDA is considering granting deemed approval to building plans for units on 25-acre plots within defence and logistics corridors along Uttar Pradesh's expressways to accelerate industrial growth.
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BSNL SIM Cards at Ludhiana Post Office via Postal-BSNL MoU
BSNL SIM cards are now available at the Head Post Office in Ludhiana as part of an MoU between the postal department and BSNL, aiming to improve telecom access through India's extensive postal network.
Ludhiana Industrialists: Civic Neglect Hurts Business Prospects
Industrialists in Ludhiana's focal points report that garbage-littered roads and poor waste management create embarrassing conditions for clients, undermining Punjab's investment push and posing health risks.
India's EU FTA Compliance: Sustainability and MSME Protection
India's Free Trade Agreement with the European Union faces compliance tests requiring accelerated sustainability efforts and protection for MSMEs from regulatory costs to access full benefits.
Punjab Wheat Arrivals Cross 61 Lakh MT, Lifting Lags
Wheat arrivals in Punjab mandis have exceeded 61 lakh metric tonnes, with procurement at 92% but lifting only 19.4%, causing congestion in markets as stocks pile up.
Odisha Approves 18 Industrial Projects, Rs 3,877 Cr Investment
Odisha government has approved 18 industrial projects with a total investment of Rs 3,877.14 crore, expected to generate 7,565 jobs across 11 districts, boosting sectors like manufacturing, tourism, and green industries.
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JSW Steel Signs JVs with JFE and POSCO for Odisha Expansion
JSW Steel announces two major joint ventures: a Rs 30,000-crore partnership with Japan's JFE Steel to expand Bhushan Power and Steel, and a Rs 35,000-crore deal with South Korea's POSCO for a new integrated plant in Dhenkanal, boosting Odisha's steel capa
Consumer Files Petition Over LPG Cylinder Delivery Delay
A consumer in Ambedkarnagar has filed a petition at the District Consumer Disputes Redressal Commission over prolonged delay in LPG cylinder delivery. The commission has summoned officials for a hearing on April 28.
LDA to Build Rs 20 Cr Community Centre in Gomti Nagar Extension
The Lucknow Development Authority (LDA) will construct a modern community centre in Gomti Nagar Extension at Rs 20 crore, featuring a multipurpose hall, gym, pool, and solar panels under a PPP model.
Shivraj Singh Chouhan Calls for Rural Credit System Overhaul
Union Minister Shivraj Singh Chouhan highlights severe issues in rural banking, where farmers travel long distances only to face understaffed counters and long queues, urging a complete system revamp.
Punjab's First Green Chilli Export to Dubai from Ferozepur
Punjab Assembly Speaker Kultar Singh Sandhwan flagged off the first consignment of 15 metric tonnes of green chillies from Ferozepur to Dubai, marking a historic direct export. Farmers receive higher prices, with the initiative expected to boost the state
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Maharashtra MUDRA Dues Hit Rs 6,736 Cr, Shishu Loans Under Pressure
Outstanding dues under PM MUDRA Yojana in Maharashtra rose sharply to Rs 6,736.6 crore by March, up Rs 1,120 crore year-on-year. The Shishu category faces highest stress with Rs 1,313 crore overdue.
Dr Ambedkar Nagar Express Leads NCR Revenue in FY 2025-26
The Dr Ambedkar Nagar Express earned Rs 40.56 crore, becoming the highest revenue-generating train for North Central Railway in FY 2025-26, with Prayagraj dominating the top 10 list.
Gadkari Slams Carmaker Lobbying on CAFE-3 Fuel Rules
Road Transport Minister Nitin Gadkari accuses carmakers of behind-the-scenes lobbying on CAFE-3 norms, contrasting it with political transparency. He hints at parity for flex-fuel hybrids with EVs.
AP Grants 50% Vacant Land Tax Discount for Construction
The Andhra Pradesh government has amended rules to provide a 50% discount on vacant land tax during construction periods, aiming to reduce financial pressure and encourage urban development.
Forex Cards & Currency Exchange: Manage Foreign Transaction Costs
Explore forex cards and currency exchange services as effective tools to reduce foreign transaction fees, offering convenience and savings for international travelers and online shoppers.
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Wheat Procurement Crosses Half Target, Farmers Paid Rs 416.2 Crore
Wheat procurement in Kapurthala district has exceeded half the target, with farmers receiving payments totaling Rs 416.2 crore. The initiative supports agricultural productivity and farmer welfare in Punjab.
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