Faridabad-based Netweb Technologies on Tuesday announced that it is partnering with American chip giant Nvidia to boost artificial intelligence (AI) infra in India and make high-end computing applications. It will be Nvidia's manufacturing partner for the NVIDIA Grace CPU Superchip and GH200 Grace Hopper Superchip MGX server designs.

Netweb will build and produce more than ten server variations under its Tyrone range of AI systems.

Union Minister Ashwini Vaishnaw on Monday asserted that the Central government has provided 6,080 crore rupees for the development of Tamil Nadu in the railway sector in the last one year.

Union Minister Ashwini Vaishnaw said, "Before 2014, when the UPA government was there, the allocation for Tamil Nadu used to be only 879 crores. PM Modi is today giving Rs 6,080 crores for the railway sector in Tamil Nadu.

As it fails to finalise a deal with investors, Vodafone Idea (Vi) is likely to miss the December deadline to raise fresh funds, The Economic Times (ET) reported. However, it is in talks with the Export-Import Bank (Exim) of the US to raise capital for procuring equipment for its 5G network.

The delay in plans to raise fresh funds is crippling the telco's plan to launch its 5G services.

The Adani Group on Monday issued a statement saying that none of its subsidiaries were involved in the construction of the collapsed tunnel in Uttarakhand. The conglomerate marked the allegations, which stated it held shares in a company that constructed the tunnel as "nefarious".

This comes after former Member of Rajya Sabha Subramanian Swamy said in a post on social media platform X.

Malaysia is set to scrap entry visa requirements for citizens of China and India starting December 1, announced the country’s Prime Minister Anwar Ibrahim, on Sunday. This decision follows a similar visa waiver implemented by Sri Lanka and Thailand.

Under this new policy, Chinese and Indian nationals will enjoy a visa-free stay of up to 30 days, subject to security screening, said the Malaysian Prime Minister in his speech during the People’s Justice Party’s annual congress, according to Bloomberg.

Twenty people have been killed in lightning strikes in different parts of Gujarat during widespread unseasonal rainfall in the state, an official said Monday.

Union Home Minister Amit Shah condoled the deaths due to bad weather and lightning in various cities of Gujarat on Sunday and said the local administration was engaged in relief work.

PhonePe is expected to launch consumer lending on its platform by January 2024, The Economic Times (ET) reported on Monday, citing two people aware of the matter. The startup, which is backed by Walmart, will distribute personal loans while building up credit underwriting.

The ET report added that PhonePe is in the final stages of integration with five banks and non-banking finance companies. In the later stage, PhonePe may also look at a credit line offering.

Prime Minister Narendra Modi on Sunday said he is troubled by the trend of some "big families" conducting weddings abroad, and urged people to hold such celebrations on Indian soil so that the country's money does not leave its shores.

In his Mann Ki Baat radio broadcast, Modi said while shopping for weddings, people should give importance to products made in India only.

The Jammu and Kashmir (J-K) administration on Sunday approved the purchase of an additional 500 megawatts (MW) of power from the Centre to meet the winter demand, according to an official statement.

As winter approaches, J-K face electricity scarcity because of a low proportion of hydropower in the Union Territory, as water reduces in rivers.

Attackers seized and later let go a tanker linked to Israel off the coast of Yemen on Sunday, authorities said.

Yemen's internationally recognised government blamed the Iranian-backed Houthi rebels for the attack, which followed at least two other recent maritime attacks linked to the Israel-Hamas war.

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