India’s second-largest software services exporter Infosys said on Monday it has signed a deal with an existing client to provide artificial intelligence (AI) and automation services that will span over five years, with a target spend estimated at $2 billion. AI and automation-related development, modernization and maintenance services are included in the agreement, the company said… Continue reading Infosys targets to spend $2b over five years on AI and automationRival TCS has plans to train 25,000 engineers to get them certified on Microsoft’s Az…
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Japanese chip giant Rohm to invest $722m in JIP-led group bidding for Toshiba
Rohm co said on Tuesday it will invest 100 billion yen ($722.33 million) in the group led by Japan Industrial Partners that is launching a tender offer for Toshiba Corp. Rohm also plans to underwrite 200 billion yen of non-voting preferred stock issued by TBJ Holdings which will be set up by the Japan Industrial… Continue reading Japanese chip giant Rohm to invest $722m in JIP-led group bidding for Toshiba
Marcos signs bill creating Philippines’ first-ever wealth fund
Philippine President Ferdinand Marcos Jr on Tuesday approved a bill creating the country’s first sovereign wealth fund, which he touted as a key plank of his economic goals to modernise infrastructure and accelerate the country’s growth. The bill, which has earlier raised concern including from the central bank over transparency in its governance, has undergone… Continue reading Marcos signs bill creating Philippines’ first-ever wealth fund
China’s Geely to invest $10b in Malaysian auto city: report
Chinese automobile manufacturer Geely will invest $10 billion to turn Tanjung Malim in the Malaysian state of Perak into a major auto-making hub, Malaysian Prime Minister Anwar Ibrahim said on Tuesday, according to state news agency Bernama. Anwar said the plan was conveyed to him in a letter from the company, which also owns a… Continue reading China’s Geely to invest $10b in Malaysian auto city: report
Life Plan Resorts crée le centre de retraite le plus complet au monde pour un vieillissement harmonieux doté d’un plan de retraite intégré
LISBONNE, Portugal, 18 juillet 2023 /PRNewswire/ — Life Plan Resorts (LPR) est fier d’annoncer son projet novateur visant à créer le centre de retraite le plus complet au monde pour un vieillissement harmonieux. Ce projet visionnaire sera une communauté « Life Plan », offrant un plan de retraite intégré et un sanctuaire avec hébergement, hospitalité, remise… Continue reading Life Plan Resorts crée le centre de retraite le plus complet au monde pour un vieillissement harmonieux doté d’un plan de retraite intégré
Life Plan Resorts is creating the world’s most comprehensive Resort for Healthy Ageing with an Integrated Retirement Plan
LISBON, Portugal, July 18, 2023 /PRNewswire/ — Life Plan Resorts (LPR), is proud to announce its ground-breaking project to create the world’s most comprehensive retirement resort for healthy ageing. This visionary development will be a Life Plan Community, offering an integrated retirement plan and a sanctuary with accommodation, hospitality, fitness, wellness, and ongoing healthcare plus over… Continue reading Life Plan Resorts is creating the world’s most comprehensive Resort for Healthy Ageing with an Integrated Retirement Plan
Life Plan Resorts is creating the world’s most comprehensive Resort for Healthy Ageing with an Integrated Retirement Plan
LISBON, Portugal, July 18, 2023 /PRNewswire/ — Life Plan Resorts (LPR), is proud to announce its ground-breaking project to create the world’s most comprehensive retirement resort for healthy ageing. This visionary development will be a Life Plan Community, offering an integrated retirement plan and a sanctuary with accommodation, hospitality, fitness, wellness, and ongoing healthcare plus over… Continue reading Life Plan Resorts is creating the world’s most comprehensive Resort for Healthy Ageing with an Integrated Retirement Plan
China’s Geely to invest USD 10 bn in Malaysian auto city, says Malaysian PM
The news was conveyed to Malaysian Prime Minister Anwar Ibrahim in a letter from the company, which already holds a 49.9% stake in Malaysian car-maker Proton. Chinese automobile manufacturer Geely has announced a USD 10 billion investment to transform Tanjung Malim in the Malaysian state of Perak into a prominent auto-making hub. The news was… Continue reading China’s Geely to invest USD 10 bn in Malaysian auto city, says Malaysian PM
How China beat everyone to be world leader in electric vehicles
It’s not just buyers. Manufacturing is booming too — Chinese brands account for about half of all EVs sold globally, HSBC analysts said in a recent note. In the race to reduce carbon emissions, countries from the US to New Zealand are doling out incentives to spur electric-vehicle sales — tactics China used for years… Continue reading How China beat everyone to be world leader in electric vehicles
Financing remains a challenge for electric mobility in India: CII Report
A CII report highlights the need to address vehicle financing challenges to accelerate the adoption of electric mobility in India. The report emphasizes the importance of presenting cost-adjusting options to bring electric vehicles (EVs) on par with internal combustion engine models. As vehicle financing remains a challenge for electric mobility in India, it is imperative… Continue reading Financing remains a challenge for electric mobility in India: CII Report