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VinFast, the Vietnamese electric vehicle manufacturer, has inaugurated its first manufacturing plant in southern India, signaling a significant move to penetrate the country’s burgeoning auto market. With a planned investment of $2 billion in Tamil Nadu, VinFast aims to produce up to 150,000 vehicles annually. The company anticipates introducing its cars to Indian showrooms later…

Anurag Tyagi, formerly of Morgan Stanley and other multinational firms, has been appointed CEO of Altre’s design & build tech platform. He brings extensive experience in managing large real estate portfolios across Asia. Altre’s platform aims to revolutionize traditional design & build processes by providing enhanced transparency and improved accountability through technology.

Priya Nair assumes leadership of Hindustan Unilever amid sluggish growth, tasked with revitalizing the consumer goods giant. Despite recent profit gains, HUL’s stock underperformed the Nifty 50, facing challenges from local brands and shifting consumer preferences.

India is rapidly transforming its semiconductor landscape with the India Semiconductor Mission, aiming to become a global hub for chip manufacturing and design. With significant investments and incentives, the nation fosters domestic production, attracts major players, and cultivates a skilled workforce. This strategic push reduces import dependence and strengthens India’s position in the global semiconductor…

Larsen & Tourbo secures a significant EPC contract. The project involves developing a 116 MWac solar plant in Lakhisarai, Bihar. It will integrate a 241 MWh Battery Energy Storage System. This aims to establish Lakhisarai as a major energy storage hub. The expansion brings the total co-located storage capacity to 495 MWh.

Indian Oil Corporation has purchased seven million barrels of crude oil. The oil is sourced from the United States, Canada, and the Middle East. This purchase follows a pause in buying Russian crude due to narrowing discounts. The bought crude includes US West Texas Intermediate Midland, Canada’s Western Canadian Select, and Abu Dhabi’s Das oil.

JSW Steel and Japan’s JFE Steel will invest 58.45 billion rupees ($669 million) to expand production capacity of cold rolled grain-oriented electrical steel across two Indian plants to 350,000 tons per annum, JSW Steel said on Monday.

Quantum Biosciences, a Bengaluru startup, is pioneering a quantum biosensor technology for early detection of cellular damage, potentially revolutionizing cancer care. This innovative approach identifies unique magnetic fingerprints of oxidative stress, enabling tissue injury detection before symptoms manifest. The technology aims to address limitations of existing diagnostic tools and improve treatment outcomes.

HCLTech CEO C Vijayakumar’s FY25 compensation reached $10.85 million, surpassing his peers at TCS, Infosys, Wipro and Tech Mahindra. His leadership has seen HCLTech’s market capitalisation grow 3.8 times since FY16. The board has approved a 71% increase in his remuneration for the next fiscal year, setting it at $18.6 million.

Data suggests that LLM-based searches are likely to outpace plain vanilla Google searches by 2028. MyMuse is seeing a 10% increase in its monthly searches on ChatGPT since it started focusing on GEO. Siftly offers GEO services to B2B, B2C and D2C companies. Asva AI is another startup helping companies improve their presence on these…