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The <keyword id="22639470" type="General" weightage="20" keywordseo="Adani-One-app" source="keywords">Adani One app</keyword>, developed by <keyword id="19898586" type="General" weightage="20" keywordseo="adani" source="keywords">Adani</keyword> Digital Labs Ltd, was launched in December 2022. The app was primarily launched to provide services for <keyword id="19955648" type="General" weightage="100" keywordseo="Adani-Group" source="keywords">Adani Group</keyword>’s airport vertical. Users can book flights, check the status of their flights, go shopping for duty-free products and more. Since then, the app has come a long way. For instance, the Adani One app has already integrated bill payment services and also launched a co-branded credit card in collaboration with ICICI Bank. And now, reports are that the <keyword id="20028332" type="General" weightage="20" keywordseo="super-app" source="keywords">super app</keyword> is working to offer loans through its platform. This will be made possible by partnering with digital lending firms and non-banking financial companies (<keyword id="19938300" type="General" weightage="20" keywordseo="NBFCs" source="keywords">NBFCs</keyword>). <h2>Adani One app to provide personal loans?</h2>According to a report in Moneycontrol, the Adani One app will start to offer personal loans through pilot projects in collaboration with digital lending firms and non-banking financial companies (NBFCs). The app has partnered with KrazyBee Services, a subsidiary of KreditBee, to facilitate personal loans ranging from Rs 1,000 to Rs 5 lakh. Adani Digital Labs will act as a lending service provider (LSP) in this partnership. As of the latest report, Adani One achieved a gross merchandise value (GMV) of Rs 750 crore for the financial year ending March 2024 and has a user base of 30 million. The company aims to reach 500 million users by 2030. Adding more services to its super app, therefore, seems to be a step in this direction. The Moneycontrol report also adds that Adani One is also in discussions with other NBFCs and fintech companies to broaden its credit product offerings. The exact commission rates for loans will vary based on agreements with partners. This move is part of Adani Group's broader strategy to enhance its super app, which now includes a range of services beyond its original focus. <h2>What is a Super app?</h2>A Super app often acts as a one-stop solution for various needs. For instance, an app that allows you to buy movie tickets, book flight tickets, make payments etc will be called a super-app. Apart from Adani One, there are various other super apps like Tata Neu, and <keyword id="19957624" type="General" weightage="20" keywordseo="myjio" source="keywords">MyJio</keyword>. Interestingly, KreditBee, which Adani group is reportedly partnering with, is also a lending partner for Tata Neu.

Thinking of getting a personal loan? Adani group might have something for you

<keyword id="6367820" type="General" weightage="20" keywordseo="adani-group" source="Orion">Adani Group</keyword> is well on track to be the worlds largest renewable power generating company by 2030, <keyword id="111343" type="General" weightage="20" keywordseo="gautam-adani" source="Orion">Gautam Adani</keyword>, Chairman, Adani Group said. Speaking at a JP Morgan event, Adani said the group is already the world's largest solar power player when we account for our generating, under construction, and contracted projects. "We have done this in just two years and our Renewables Portfolio has reached our initial target of 25GW a full four years ahead of schedule. This puts us well on track to be the world's largest renewable power generating company by 2030. This also opens up several new pathways for us including setting us up to be one of the largest green hydrogen producers in the world", Adani said. Adani announced that over 75 per cent of our planned capex until 2025 will be in green technologies. "We will triple our renewable power generation capacity over the next four years - from 21 per cent now to a high of 63 per cent. No company is building at this scale", he added. "Over the next 10 years, we will invest over 20 billion dollars across <keyword id="34553" type="General" weightage="20" keywordseo="renewable-energy" source="Orion">renewable energy</keyword> generation, component manufacturing, transmission &amp; distribution", Adani said. "We are now India's largest private sector power producer, largest private port operator, largest private airport operator, largest private consumer gas and electric utility business, largest private electric transmission company and largest infrastructure developer in renewables," Adani said. "In just the last eight years, we have acquired over 50 assets amounting to about 12 billion dollars. Every one of these has been successful and we have continued to get better at integrating the acquisitions we make. This is a rare capability we have built", Adani said. The Adani Group's plans for airport-centered growth include metropolitan developments that span entertainment facilities, e-commerce and logistics capabilities, aviation dependent industries, smart city developments, and other innovative business concepts. The best example is our Mumbai airport. "We will not only scale the existing airport but also operationalize the Navi Mumbai International Airport by 2024. This airport will handle 80 million additional passengers. This coincides well with India becoming the world's 3rd largest aviation market", Adani said. With regards to the Digital business, Adani said upcoming new businesses will include all of our digital-related ventures that now span Data Centres, Industrial Clouds, and the <keyword id="12142039" type="General" weightage="20" keywordseo="adani-digital-labs" source="Orion">Adani Digital Labs</keyword>. "Earlier this year we established Adani Digital Labs as a part of Adani Enterprises to be able to provide a unified experience to all our end consumers. Today, our end consumer base is growing at 15 per cent. If we can onboard every consumer that is an Adani Consumer on our digital platform, we will potentially have over a billion consumers by 2030," Adani said. "I have very little doubt that every one of our own B2C businesses will be engagements driven on mobile platforms. Therefore, the consumer insights we will obtain through a unified platform will set us on the path to building our own SuperApp platform', he added. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/paras-defence-and-space-technologies-ipo-gets-fully-subscribed-by-retail-investors-on-first-day/articleshow/86393465.cms">Paras Defence and Space Technologies’ IPO gets fully subscribed by retail investors on first day</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/banks/news/srei-group-may-leave-4-billion-dollar-hole-in-icici-bank-axis-bank-uco-bank-and-canara-bank/articleshow/86389825.cms">Srei Group may leave a $4 billion hole in some of India’s biggest banks</a>

Adani Group to invest $20 billion in renewable energy in 10 years

Larsen &amp; Toubro Infotech, a global technology consulting and <keyword id="50691" type="COMPANY" weightage="20" keywordseo="Digital">digital</keyword> solutions company has signed a definitive agreement to acquire Cuelogic Technologies, a <keyword id="6022571" type="COMPANY" weightage="20" keywordseo="digital-engineering">Digital Engineering</keyword> and Outsourced Product Development company, headquartered in Pune, <keyword id="3658" type="LOCATION" weightage="20" keywordseo="India">India</keyword>. Founded in 2010, Cuelogic has built capabilities in digital engineering, and primarily focuses on developing cloud native web and mobile applications, modernization, and runs Innovation Lab as a service for its clients in the USA and India. Digital Engineering is a significant market opportunity, and this acquisition will provide instant access to a fast-growing business with impressive client roster, and more than 300 employees. Cuelogic works with enterprise clients on multiple facets of digitalization such as UX Consulting, <keyword id="1968247" type="COMPANY" weightage="20" keywordseo="DevOps">DevOps</keyword>, AI Consulting, IoT, Applications Modernization, Cloud Architecture &amp; Integration. With over 100 products successfully developed, Cuelogic helps global enterprises build and grow modern digital businesses. Sanjay Jalona, CEO &amp; Managing Director, <keyword id="2162690" type="COMPANY" weightage="20" keywordseo="LTI">LTI</keyword>, said: "We believe rapid productization is an essential requirement for accelerated digitalization across industries. Our clients are looking for agile solutions to compete effectively in a changing world. Digital engineering capabilities of Cuelogic Technologies combined with their tools and methodologies will help our clients innovate, launch products, accelerate time-to-market, and maintain products optimally. I welcome Cuelogic team, their customers, and partners to LTI family." Nikhil Ambekar, CEO, Cuelogic Technologies, said: "When Vikrant, Neel, and I cofounded Cuelogic, our goal was to bring rapid and reliable product development services to enterprises, and help them scale their digital transformation. Our digital expertise and unique culture have helped us build a solid foundation. As a company obsessed with engineering excellence, we find LTI to be our ideal partner for the next phase of our journey. LTI is the growth leader in the industry, and we are excited to further add strength to its formidable Digital capabilities." Cuelogic will be integrated with the Digital practice of LTI. This is the seventh acquisition by LTI since the company got listed in 2016. Earlier acquisitions have bolstered company's expertise around data &amp; analytics, cloud consulting, intelligent automation, and industry-specific platforms. About LTI LTI (NSE: LTI) is a global technology consulting and digital solutions Company helping more than 400 clients succeed in a converging world. With operations in 31 countries, we go the extra mile for our clients and accelerate their digital transformation with LTI's Mosaic platform enabling their mobile, social, analytics, IoT and cloud journeys. Founded in 1997 as a subsidiary of <keyword id="689816" type="COMPANY" weightage="20" keywordseo="Larsen-Toubro-Limited">Larsen &amp; Toubro Limited</keyword>, our unique heritage gives us unparalleled real-world expertise to solve the most complex challenges of enterprises across all industries. Each day, our team of more than 35,000 LTItes enable our clients to improve the effectiveness of their business and technology operations and deliver value to their customers, employees, and shareholders. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/sona-comstar-ipo-price-gmp-should-you-subscribe/articleshow/83505013.cms">Sona Comstar IPO worth ₹5,550 crore opens today – find out if this EV battery player has enough juice for a long ride</a> <a href="https://www.businessinsider.in/business/news/why-dodla-dairy-has-no-plans-to-expand-beyond-southern-india/articleshow/83503817.cms">Here’s why Dodla Dairy has no plans to expand beyond southern India for at least the next two years even with its IPO</a> <a href="https://www.businessinsider.in/stock-market/news/adani-group-under-sebi-scanner-on-market-manipulation/articleshow/83501698.cms">Gautam Adani loses over $7 billion in net worth after questions over the meteoric rise in group stocks</a>

Larsen & Toubro Infotech to buy Pune-based digital engineering firm CueLogic

<ul><li>Finance Minister <keyword id="129243" type="General" weightage="20" keywordseo="nirmala-sitharaman" source="Orion">Nirmala Sitharaman</keyword> today presented the <keyword id="12743893" type="General" weightage="100" keywordseo="budget-2023" source="Orion">Budget 2023</keyword> in the parliament.</li><li>The minister has announced that the government is setting up three centers of excellence in <keyword id="107950" type="General" weightage="20" keywordseo="artificial-intelligence" source="Orion">artificial intelligence</keyword>.</li><li>The centers will be set up in prominent educational institutions.</li></ul>Finance Minister Nirmala Sitharaman today presented the Budget 2023 in the parliament. As part of the budget, the minister announced that the government is setting up three centers of excellence in artificial intelligence (AI) in the country as part of the government’s “Make AI for India” and “Make AI work for India” initiatives. The centers will be set up in prominent educational institutions in the country and will see collaboration between these institutions and leading industries in the country. The main goal of these centers will be to research and develop practical AI applications in agriculture, health, and sustainable cities. "Three centers of excellence for Artificial Intelligence will be set up in top educational institutions. Leading industry players will partner in conducting interdisciplinary research, develop cutting-edge applications and scalable problem solutions in the areas of Agriculture, Health, and sustainable cities,” said Nirmala Sitharaman, Finance Minister in the parliament. “This will galvanize an effective AI ecosystem and nurture quality human resources in the field,” the minister added. <cmsannotation type="cmsannotation" annotationid="Significance of these centres" comment="subhead" text="Significance of these centres">Significance of these centres</cmsannotation> Artificial intelligence has become one of the most important skills. The government’s push to set up these centers will ensure that students are well-versed in technology, ensuring that the country is future-ready. Experts and industry leaders have hailed the move, saying it will boost the economy and India’s growth. “Innovative digital technologies like AI, and <keyword id="294572" type="General" weightage="80" keywordseo="machine-learning" source="Orion">Machine Learning</keyword> is a big step towards promoting financial inclusion in India, enabling industries across sectors to become accessible to a wider section of population. This will result in boosting service delivery and enable various sections of society to actively participate in financial ecosystems,” said Rajsri Rengan, Head of Banking and Payments, India and Philippines, FIS. According to Rengan, these centers will also help improve the financial ecosystem as improved AI and machine learning applications will help promote financial inclusion and make services accessible to more people in the country. “The Government continues to focus on the use of technology in order to bring in Minimum Government and Maximum Governance. The announcement to set up three centers of excellence for artificial intelligence to enable 'Make AI for India' and 'Make AI work for India' will further help India in its growth trajectory with able use of technology, said Gunjan Prabhakaran, partner and leader, Indirect Tax, BDO India. Companies like Google and Microsoft have been focusing on AI and machine learning for a long time now. Google’s India Research Lab has been using AI and machine learning to improve healthcare services, public health, wildlife conservation, prevention of diseases, and more. In addition to setting up centers of excellence for AI, the government has also announced that it is setting up 100 labs in engineering institutions to develop applications using 5G services. SEE ALSO: <a href="https://www.businessinsider.in/budget/news/budget-2023-24-nirmala-sitharaman-speech-highlights-and-updates/articleshow/97512649.cms">Budget 2023-24 highlights: No income tax for those who earn below ₹7 lakh per year</a> <a href="https://www.businessinsider.in/stock-market/news/adani-enterprises-britannia-reliance-industries-among-stocks-in-focus/articleshow/97510050.cms">Sensex, Nifty50 trade higher ahead of Union Budget 2023: Adani Enterprises, Britannia, Reliance Industries among stocks in focus</a> <a href="https://www.businessinsider.in/tech/news/after-iphones-apple-reportedly-starts-manufacturing-components-for-airpods-in-india/articleshow/97515033.cms">After iPhones, Apple reportedly starts manufacturing components for AirPods in India</a>

Budget 2023 gives a boost to artificial intelligence – government to set up three centers of excellence

New Delhi, March 31 (IANS) Bharti <keyword id="15491" type="General" weightage="100" keywordseo="airtel" source="Orion">Airtel</keyword> and <keyword id="43217" type="General" weightage="80" keywordseo="tech-mahindra" source="Orion">Tech Mahindra</keyword> on Thursday announced a strategic partnership to co-develop and market 5G use cases in India. Airtel and Tech Mahindra will set up a joint 5G innovation lab for developing 'Make in India' use cases for the domestic and global markets. "With proven technology capabilities and deep customer trust enjoyed by the two brands, we believe this is a win-win partnership," said Ganesh Lakshminarayanan, CEO-Enterprise Business, Bharti Airtel. Airtel has been spearheading 5G demos and testing in India while Tech Mahindra has developed world-class 5G applications and platforms. The two companies will also bring to market customised Enterprise Grade Private Networks, that will focus on combining Airtel's industry leading integrated connectivity portfolio of 5G ready mobile network with Tech Mahindra's system integration capabilities. The companies will initially focus on segments such as automobiles, aviation, ports, utilities, chemicals, oil &amp; gas and expand to other industries going forward. "5G ecosystem will unlock immense opportunities for industries across sectors to improve productivity and enhance customer experience through digitally powered new-age platforms and solutions," said <keyword id="644257" type="General" weightage="50" keywordseo="manish-vyas" source="Orion">Manish Vyas</keyword>, CEO, Network Services, Tech Mahindra. "We are excited to partner with Airtel to provide innovative and cutting-edge solutions for enterprise customers," added <keyword id="30343" type="General" weightage="50" keywordseo="vyas" source="Orion">Vyas</keyword>, also President, Communications, Media and Entertainment Business. Airtel last week showcased its high-speed 5G network and low latency capabilities to transform the users' experiences to the next level, and it is fully prepared to launch the high-speed network in the country. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/mukesh-ambani-and-gautam-adanis-net-worth-is-now-more-than-100-billion/articleshow/90564692.cms">Mukesh Ambani and Gautam Adani are now worth more than $100 billion</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/puducherry-becomes-covid19-free-with-zero-active-cases-recorded/articleshow/90562867.cms">Puducherry becomes COVID19-free with zero active cases recorded</a>

You Searched For "adani digital labs" and got 5 results

Thinking of getting a personal loan? Adani group might have something for you

Divyanshi Sharma

Adani Group to invest $20 billion in renewable energy in 10 years

IANS

Larsen & Toubro Infotech to buy Pune-based digital engineering firm CueLogic

PTI

Budget 2023 gives a boost to artificial intelligence – government to set up three centers of excellence

Sourabh Jain

Bharti Airtel, Tech Mahindra to co-develop and market 5G use cases in India

PTI

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