STARTUP/TECHNOLOGY
Zoho’s Sridhar Vembu Says AI, Data Centre Costs Are Slowing IT Hiring
Zoho Corporation Co-founder and Chief Scientist Sridhar Vembu has raised concerns over slowing job creation in India’s information technology sector, saying increasing investments in artificial intelligence (AI) and data centre infrastructure are diverting funds that would otherwise have gone towards hiring new employees. In a post on social media platform X, Vembu said the country’s […]
Sajan C Kumar
·
Aug 2, 2026
RETAIL/FMCG
Lux Cozi Lays Stone For ₹600-Cr Manufacturing Unit In Dankuni, WB
Lux Cozi Group (Vertical ‘A’ of the Company) has laid the foundation stone for a ₹600-crore manufacturing facility at Dankuni in West Bengal, marking one of the largest investments in the company’s history. The project is expected to create one of Asia’s largest garment manufacturing hubs and reinforces the company’s long-term commitment to expanding India’s […]
CW Team
·
Jul 11, 2026
GENERAL
Adani Skills & Education, Gujarat Govt To Jointly Revamp 11 ITIs In Kutch
In a significant move aimed at bridging the industry-academia gap, Adani Skills & Education (ASE) formalised two Memoranda of Understanding (MoUs) with the Government of Gujarat. The partnerships seek to comprehensively transform 11 Industrial Training Institutes (ITIs) across the Kutch region through industry-linked skilling and employment-focused training frameworks. To stem migration and provide jobs The […]
CW Bureau
·
May 29, 2026
INFRASTRUCTURE
Adani Pitches Worker-Centric Growth Strategy Backed By Capex Push
Adani Group Chairman Gautam Adani has outlined a growth strategy centred on worker welfare, local employment and entrepreneurship, as the conglomerate accelerates capital expenditure backed by strong liquidity. Addressing employees on International Labour Day, he said the Group, which operates more than 700 assets across 24 States and engages nearly 400,000 employees, partners and contractors, […]
CW Bureau
·
May 2, 2026
ECONOMY
India’s ECMS Pipeline Expanded, 29 New Proposals For ₹7,104 Cr Okayed
The Union Ministry of Electronics and Information Technology (MeitY) has approved 29 additional proposals under the Electronics Components Manufacturing Scheme (ECMS). This is in continuation of the earlier approval of 46 applications worth ₹54,567 crore. These fresh approvals entail a projected investment of ₹7,104 crore and are expected to drive production worth ₹84,515 crore. The […]
CW Bureau
·
Mar 31, 2026