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Eli Lilly to Invest ₹9,000 Crore in Hyderabad to Establish Major Manufacturing and Quality Hub

Global pharmaceutical leader Eli Lilly and Company has announced a landmark ₹9,000 crore investment to set up a large-scale manufacturing and quality hub in Hyderabad, further strengthening India’s position in the global pharmaceutical value chain. The announcement followed a meeting between Lilly’s top leadership and Telangana Chief Minister Revanth Reddy, as confirmed by State IT Minister Sridhar Babu Duddilla.

By Super Admin | October 09, 2025

Microsoft Strikes $19.4B Nebius Deal to Boost AI Data Center Capacity

Microsoft has finalized a $19.4 billion deal with Nebius Group NV, securing access to over 100,000 of Nvidia’s latest GB300 chips, Bloomberg reports. The agreement is part of Microsoft’s effort to address the global shortage of AI data center capacity and enhance its ability to deliver advanced AI services to customers.

By Super Admin | October 09, 2025

Raise Financial Services Enters Unicorn Club with $120 Million Series B Funding

Raise Financial Services, the parent company of stock-trading platform Dhan, has raised $120 million (around Rs 1,000 crore) in a Series B funding round led by Hornbill Capital, with participation from Japan’s MUFG, BEENEXT, and prominent investors including Ramesh Damani, DSP Family Office, JM Financial Family Office, and Aashish Somaiyaa. This round values Raise at $1.2 billion, marking its entry into India’s unicorn club.

By Super Admin | October 09, 2025