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Maharashtra, IBM Join Hands for AI-Driven Governance
ECONOMY & POLICY

Maharashtra, IBM Join Hands for AI-Driven Governance

The Maharashtra Government has signed a Memorandum of Understanding (MoU) with IBM Technology (India) to drive administrative reforms through advanced Artificial Intelligence (AI). The collaboration will establish three AI Skills and Excellence Centres across the state—Mumbai for Geographic A...

The Maharashtra Government has signed a Memorandum of Understanding (MoU) with IBM Technology (India) to drive administrative reforms through advanced Artificial Intelligence (AI). The collaboration will establish three AI Skills and Excellence Centres across the state—Mumbai for Geographic Analysis, Pune for Forensic Science Infrastructure, and Nagpur for Advanced AI Research and MARVEL implementation.The partnership aims to make governance faster, more transparent, and citizen-centric by leveraging AI, hybrid cloud, data analytics, cybersecurity, and automation. These centres will enable personalised public service delivery using technologies such as virtual assistants and agentic AI, while ensuring data ownership and technological control remain with the state government.Government operations will be made more predictive and efficient through the adoption of generative AI, identity management, and secure access systems. The initiative also focuses on capacity building, with training for government employees, students, and MSMEs in AI, cloud, and cybersecurity via IBM’s training platforms.The move is expected to boost productivity, support industry automation, and enhance Maharashtra’s competitive edge in tech-driven governance and service delivery.

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Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group’s Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence’s long-term commitment to the Indian market and its support for the Indian Government’s Make in India initiative. The partnership’s current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the “Vulc..

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Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company’s growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

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Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association’s industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States� share of global activity below 15 per cent. Meanwhile, in..

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