Business

L&T Cloudfiniti Collaborates with Three AI Startups

Published

1 year ago

March 27, 2025

Mumbai’s Larsen & Toubro (L&T) announced on Tuesday that its L&T-Cloudfiniti division has formed partnerships with three prominent Artificial Intelligence (AI) startups, one of which is based in Europe.

In a company statement, L&T revealed that collaborations with Hanooman AI, CoRover, and Pidima will focus on transformative advancements in healthcare, life sciences, vertical AI, and conversational technologies. The goal is to revolutionize key industries and foster digital innovation across various sectors utilizing state-of-the-art AI models.

“These partnerships illustrate our dedication to advancing AI adoption across different industries, from healthcare to aerospace. By collaborating with some of the brightest talents and most innovative firms in the AI realm, we intend to shape the future of AI. The combined expertise and cutting-edge technologies from these startups will enable L&T Cloudfiniti to deliver next-generation solutions that yield meaningful business results for clients worldwide,” stated Seema Ambastha, CEO of L&T Cloudfiniti.

“Hanooman AI leads the way in scalable, secure, and globally compliant generative healthcare solutions. Through our partnership, we’re transforming healthcare access in Bharat while advancing precision medicine on a global scale. We’re ushering in a new era in health outcomes—whether it’s reversing diabetes, discovering new medications, or decoding genomics,” said Vishnuvardhan Pogunulu Srinivasulu, CEO & Founder of Hanooman AI.

“Our collaboration with L&T-Cloudfiniti enables us to swiftly scale our conversational AI solutions on a secure, high-performance GPU infrastructure, effectively reaching global enterprises. Together, we’re set to redefine customer interactions, enhance operational efficiency, and drive substantial business value,” said Ankush Sabharwal, Founder & CEO of CoRover AI.

“We’re excited to partner with L&T Cloudfiniti, a company that aligns with our vision of enhancing enterprise efficiency through AI. This collaboration not only strengthens our foothold in India but also accelerates our commitment to equipping mission-critical enterprises with smarter, faster, and more precise solutions,” expressed John Marcus, Founder & CEO of Pidima AI.

Business

Tomato Prices Crash from Rs.1200 to Rs.80, Farmers in Distress

Published

3 weeks ago

March 25, 2026

Namma Kudla

Business: Tomato prices in Vijayanagara district have dropped sharply, causing heavy losses to farmers and traders. A box of tomatoes that was earlier sold for Rs.1000 to Rs.1200 is now being sold for just Rs.80 to Rs.100.

Due to the sudden fall in prices, farmers are struggling to recover their investment. Many had taken loans to grow the crop and are now facing financial difficulties.

In local markets, traders are selling tomatoes at very low rates. Around 2 to 4 kilograms of tomatoes are being sold for just Rs.20.

The price crash has been linked to multiple reasons. Export of tomatoes to other countries has reduced due to the Iran–Israel conflict. In addition, many hotels are not operating properly due to a shortage of cooking gas cylinders. This has reduced demand for tomatoes.

As a result, both farmers and sellers are facing serious losses, and the situation has become very difficult for them.

Business

Gold Prices Rise in Mangaluru; 24K Gold at Rs.13,564 per Gram

Published

3 weeks ago

March 24, 2026

Namma Kudla

Mangaluru: Gold prices in the coastal city of Mangaluru have been updated today, reflecting the latest market trends.

The price of 24 karat gold (99.9% purity) stands at Rs.13,564 per gram. Meanwhile, 22 karat gold (91.6% purity) is priced at Rs.12,434 per gram. The rate for 18 karat gold (75% purity) is Rs.10,173 per gram.

Mangaluru, known for its rich coastal culture and love for seafood, also has a deep connection with gold. The demand for gold ornaments in the city remains strong, especially during weddings and festivals.

The gold trade in Mangaluru has a long history and continues to play an important role in the local economy. Many families prefer investing in gold due to its cultural and financial value.

Buyers are advised to check the latest rates before making any purchase, as gold prices may change daily based on market conditions.

For those planning to buy gold, using a Gold Rate Calculator can help in getting accurate pricing based on weight and purity.

Business

Good News for Milk Producers in Chikkaballapur – 50 Paise Increase per Litre

Published

1 month ago

March 8, 2026

Namma Kudla

Chikkaballapur: The Chikkaballapur Milk Union (Chimul) has announced good news for milk producers in Chikkaballapur district. The union has decided to increase the milk procurement price by 50 paise per litre, which will benefit dairy farmers in the district.

Earlier, on January 1, Chimul had increased the price by Rs.1 per litre as a New Year benefit to farmers. Now, the union has announced an additional 50 paise increase.

With this latest revision, dairy farmers will receive Rs.36.40 per litre for milk. The 50 paise increase will remain in effect until the end of May.

Chimul President Manjunath Reddy told Public TV that the union will review its profits and may continue the price increase in the future based on financial performance.

The decision is expected to provide some relief and encouragement to dairy farmers in Chikkaballapur district.