 "Peerzada Abrar")
Peerzada Abrar
Peerzada Abrar
Peerzada Abrar is a technology and business reporter at Business Standard. He covers the intersection of technology, AI, business and society, and their impact on our lives. This includes tracking top tech firms and startups. He joined Business Standard in 2019 after having worked at The Economic Times and The Hindu, where he covered the entrepreneurship ecosystem, start-ups, new technologies, venture capital, and private equity. A storyteller at heart, he is captivated by the potential of innovation to address global challenges. His narrative spans from resilient communities combating epidemics and natural disasters to groundbreaking initiatives that empower the underserved and transform humanitarian landscapes.
Peerzada Abrar is a technology and business reporter at Business Standard. He covers the intersection of technology, AI, business and society, and their impact on our lives. This includes tracking top tech firms and startups. He joined Business Standard in 2019 after having worked at The Economic Times and The Hindu, where he covered the entrepreneurship ecosystem, start-ups, new technologies, venture capital, and private equity. A storyteller at heart, he is captivated by the potential of innovation to address global challenges. His narrative spans from resilient communities combating epidemics and natural disasters to groundbreaking initiatives that empower the underserved and transform humanitarian landscapes.
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Roses, chocolates, jewellery: Ecommerce gets Valentine's Week push
India's gifting habits are evolving rapidly, with online platforms playing a central role in festive and occasion-based shopping
 "Roses, chocolates, jewellery: Ecommerce gets Valentine's Week push")
Invest Karnataka 2025 wraps up with Rs 10.27 trillion commitment
Nearly 75 per cent of these investments are outside the Bengaluru district, with more than 45 per cent concentrated in North Karnataka
 "Invest Karnataka 2025 wraps up with Rs 10.27 trillion commitment")
Ola Consumer turns Ebitda profitable; revenue declines 21% in FY24
Full-year Ebitda (excluding discontinued operations) grew significantly to Rs 271 crore from Rs 87 crore last year
 "Ola Consumer turns Ebitda profitable; revenue declines 21% in FY24")
AI needs talent, not factories - India has both: Google X's Sebastian Thrun
Thrun is known for co-founding Google X, the innovation lab responsible for groundbreaking projects like Google Glass and Waymo, Google's self-driving car initiative
 "AI needs talent, not factories - India has both: Google X's Sebastian Thrun")
Volvo to set up 4th global manufacturing hub in Hosakote with Rs 1,400 cr
The new facility is expected to create over 2,000 direct jobs, significantly boost exports, and enhance India's position in the global supply chain
 "Volvo to set up 4th global manufacturing hub in Hosakote with Rs 1,400 cr")
SpotDraft raises $54 mn to lead AI-powered contract lifecycle management
SpotDraft's Series B funding round, spearheaded by Vertex Ventures and Trident Partners, will accelerate the company's global expansion and drive the advancement of its AI-powered product innovation
 "SpotDraft raises $54 mn to lead AI-powered contract lifecycle management")
Jindal accuses China of dumping steel in India, calls for govt intervention
China produces roughly as much steel as the entire rest of the world combined, but its steel production is experiencing a slowdown
 "Jindal accuses China of dumping steel in India, calls for govt intervention")
Tech disrupting traditional industries, say leaders at Invest Karnataka
As digital solutions and automation continue to evolve, traditional businesses facing both opportunities and challenges, said top young industry leaders and entrepreneurs at Invest Karnataka summit
 "Tech disrupting traditional industries, say leaders at Invest Karnataka")
Japanese firms commit Rs 7,500 cr in investments at Invest Karnataka 2025
Leading Japanese companies have pledged investments across multiple sectors, with a strong focus on automobile manufacturing, industrial automation, and advanced technology
 "Japanese firms commit Rs 7,500 cr in investments at Invest Karnataka 2025")
Jindal, Mahindra groups propose Rs 1.4 trillion investment in Karnataka
The three-day Invest Karnataka summit aims to secure investments worth Rs 10 lakh crore
 "Jindal, Mahindra groups propose Rs 1.4 trillion investment in Karnataka")
Karnataka govt unveils new single window system to boost investments
The system also introduces Udyog Mitra Assistant (UMA), a generative AI-powered chatbot that provides real-time, multilingual assistance on policies, approvals, and incentives to investors
Karnataka govt unveils new industrial policy 2024-29, aims to create jobs
The policy aims to position Karnataka as a leader in sustainable industrial practices through incentives for green manufacturing
Tata Advanced Systems to expand Karnataka ops, boost aerospace growth
TASL to establish state-of-the-art MRO facility for Indian Air Force's C-130J fleet
 "Tata Advanced Systems to expand Karnataka ops, boost aerospace growth")
Mahindra Group plans Rs 40K cr investment in Karnataka over next few years
Mahindra Holidays already operates several resorts in Karnataka and is evaluating further expansion into areas like Gokarna and Hampi
 "Mahindra Group plans Rs 40K cr investment in Karnataka over next few years")
TVS Motor Company to invest Rs 2,000 crore in Karnataka, set up GCC centre
Export revenues from the Mysuru factory exceed Rs 1,200 crore out of Rs 7,600 crore total revenue. The company aims to double its export and overall revenues from Mysuru operations
 "TVS Motor Company to invest Rs 2,000 crore in Karnataka, set up GCC centre")
JSW Group's Sajjan Jindal unveils Rs 1.2 trn investment plan for Karnataka
Karnataka continues to be JSW's karmabhoomi with major expansions in steel, energy, infrastructure, cement, and paints
 "JSW Group's Sajjan Jindal unveils Rs 1.2 trn investment plan for Karnataka")
Amazon Pharmacy expands medicine access from Andaman to Arunachal Pradesh
Using Amazon's nationwide logistics network, customers can now access a wide range of medicines, with same-day delivery available in 23 cities, including top metros and Tier-II cities
 "Amazon Pharmacy expands medicine access from Andaman to Arunachal Pradesh")
Baldota Group to invest Rs 54,000 cr to set up steel plant in Karnataka
Company and state government to sign agreement at investors summit for integrated facility in Koppal taluk
 "Baldota Group to invest Rs 54,000 cr to set up steel plant in Karnataka")
Aequs, Tramontina form joint venture to produce cookware in India
The facilities at the Hubballi Durable Goods Cluster will manufacture products for customers in India and abroad
 "Aequs, Tramontina form joint venture to produce cookware in India")
Nirmata raises $9.6 million to expand AI-driven cloud-native solutions
As AI-driven applications drive the surge in cloud-native technologies, businesses are rapidly adopting new solutions and building platform engineering teams
 "Nirmata raises $9.6 million to expand AI-driven cloud-native solutions")