NEW DELHI: Microsoft’s new India South Central cloud region in Hyderabad is among its largest infrastructure investments in Asia, the company’s India and South Asia president Puneet Chandok said, as it expands capacity for cloud and AI services.The facility is part of Microsoft’s $20.5 billion investment commitment across Asia. Chandok did not disclose how much…

On premium basis, the persistency was 75.3% and 61.1%, respectively and 75.6% and 63.9%, for the comparable period last year. MUMBAI: Economic and geopolitical uncertainty is beginning to weigh on household savings and insurance demand, with LIC reporting pressure on long-term policy persistency and caution in premium growth even as its first-quarter profit and value…

Mid-size SUVs’ market share rises to 18.2% as premiumisation reshapes India’s car market CHENNAI: Indian car buyers’ love for sports utility vehicles (SUVs) is moving up the price ladder. After years in which compact SUVs powered the country’s shift away from hatchbacks and sedans, mid-size SUVs are now taking a bigger slice of the passenger…