Infosys Share Price Falls 1.76% Despite Strategic Deal with AIB to Drive Digital Growth

In a surprising turn, shares of Infosys Ltd fell by 1.76% on April 9, closing at ₹1,404.20 on the Bombay Stock Exchange, despite the company announcing a significant extension of its partnership with Allied Irish Banks (AIB). This new deal is aimed at boosting AIB’s digital transformation journey, particularly across its operations in Ireland and the UK.

A Decade-Long Partnership Grows Stronger

Infosys, India’s second-largest IT services provider, has been working with AIB for over 10 years. This renewed agreement marks a deeper engagement, with Infosys set to play a larger role in accelerating AIB’s digital initiatives. The expanded scope includes developing and maintaining AIB’s application systems, all while focusing on improved customer experience and stakeholder value.

The collaboration will combine Infosys’ AI-powered tools, agile development methods, and skilled global teams to support AIB’s transformation goals. The aim is to modernise the bank’s technology and data systems to better serve customers.

Executive Insights from Both Sides

Graham Fagan, AIB’s Group Chief Technology Officer, highlighted how the partnership fits the bank’s vision. He said, “This extended collaboration with Infosys aligns strongly with our aim to modernise and deliver the best outcomes for our customers.”

On the other hand, Infosys’ Dennis Gada, Executive Vice President and Global Head of Banking and Financial Services, said the deal is a major step in Infosys’ journey in Ireland. He added, “This collaboration strengthens AIB’s capabilities and positions them for future success in the changing banking world.”

Market Reaction and Investor Sentiment

Despite the positive business development, Infosys share price dipped ₹25.10, reflecting a decline of 1.76%. The overall market cap stood at ₹5,83,201 crore and the recorded 52 week high was ₹ 2,006.80. This may suggest that investor sentiment is cautious, possibly due to broader market conditions like Trump tariffs or profit-booking after recent gains.

Conclusion

While the Infosys share price took a slight knock, the long-term strategic value of this partnership with AIB could bolster future performance. With digital banking becoming increasingly competitive, Infosys’ expertise in AI and agile transformation could deliver lasting benefits.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

PNG and CNG Prices Go Up in Mumbai; MGL Share Price Drop 5%

In a move that could impact daily budgets, Mahanagar Gas Limited (MGL) has increased prices of both piped natural gas (PNG) and compressed natural gas (CNG) in the Mumbai Metropolitan Region. This development has also led to a drop in the MGL share price, which fell by over 5% during Wednesday’s trading session.

MGL Hikes Prices for Daily Essentials

The price of CNG, commonly used as fuel for vehicles, has been raised by ₹1.50 per kg. This takes the new rate to ₹79.50 per kg across Mumbai. Meanwhile, PNG, the piped gas used for household cooking, has gone up by ₹1 per unit, now priced at ₹49 per kg.

This is not the first time MGL has revised prices. The last hike came in December 2024, when CNG was increased by ₹1, and a ₹2 hike occurred in November 2024. The Mahanagar Gas Limited price revision reflects the growing cost pressures faced by city gas distributors.

Market Reaction: MGL Share Price Slides

The hike did not go unnoticed by the stock market. MGL share price took a hit following the announcement, sliding as much as 5.11% on April 9 to ₹1,244.70. MGL’s market capitalisation stands at ₹12,294 crore, with the MGL share price having touched an all-time high of ₹1,988.00.

Industry-Wide Price Adjustments

MGL isn’t alone in adjusting gas prices. Indraprastha Gas Ltd. (IGL) also raised CNG prices by ₹1-3 per kg earlier this week. In Delhi, the new CNG price is ₹76.09 per kg, while it has touched ₹84.70 per kg in Noida and Ghaziabad. This marks the first price increase in Delhi since June 2024, with the city accounting for 70% of Indraprastha Gas Limited’s total CNG sales.

Government’s Gas Price Update Adds Pressure

Adding to the cost burden, the central government recently increased the price of natural gas from older legacy fields by 4%. This gas, sourced from ONGC and Oil India, is vital for producing PNG and CNG. The price has risen from $6.50 to $6.75 per mmBtu under the Administered Price Mechanism (APM).

What Lies Ahead?

With input costs rising and city gas distributors responding with price hikes, consumers may have to brace for further increases. While the Mahanagar Gas Limited price revision aims to offset higher procurement costs, it remains to be seen how it will impact long-term demand and the MGL share price in the coming weeks.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Trump Hikes 104% Tariff on Chinese Goods on Imports, Says White House

In a bold move shaking global trade, Donald Trump has officially imposed a 104% tariff on Chinese goods, marking one of the most aggressive tariff hikes in American history. The White House confirmed this decision after China refused to withdraw its 34% retaliatory tariff on US imports. The new Trump tariff is aimed at countering what the President calls China’s “unfair trade practices.”

Why the New Tariff Was Imposed?

Donald Trump had earlier given China a 24-hour ultimatum to roll back its retaliatory tariff, but Beijing held firm, calling the demand “blackmail.” In response, Trump approved an additional 50% tariff solely targeting Chinese imports, taking America’s new tariff to a hefty 104%.

This dramatic move comes after weeks of rising trade tensions. What began as a 10% duty on Chinese imports has now surged by nearly 100% in under a week, following Trump’s push for what he calls a “reciprocal tariff” strategy. The aim, he says, is to balance the trade equation and protect American industries from decades of unfair treatment.

The Tariff Timeline: From 10% to 104%

Last month, the US imposed a 10% tariff on Chinese goods, accusing Beijing of overcharging the American economy. Following this, the Trump administration introduced a 34% reciprocal tariff last week in response to China’s own levies.

By April 2, citing national security concerns and ongoing trade deficits, the US added a baseline 10% tariff on all countries, raising the total on Chinese imports to 54%. Now, with the added 50%, the total tariff on Chinese goods has reached an unprecedented 104%.

Beijing Pushes Back

China has not taken the decision lightly. In a strong-worded statement, its commerce ministry labelled Trump’s tariff hike as “a mistake on top of a mistake.” It declared that China “will fight to the end” if the US continues down this path.

The stand-off has triggered fresh fears in global markets, which have already begun to show signs of stress. Some analysts believe this could mirror the economic disruption last seen during the early days of the COVID-19 pandemic.

What’s Next in the US-China Trade War?

Despite the escalation, Donald Trump hinted at a possible resolution. On his platform Truth Social, he claimed, “China wants to make a deal badly, but they don’t know how to get it started. We are waiting for their call.”

As tensions mount, the world watches closely. America’s new tariff on Chinese imports may reshape global trade dynamics, but whether it leads to a resolution or further conflict remains to be seen.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

RBI Approves Higher UPI Payment Limits for Person-to-Merchant Deals

In a significant move for India’s digital payment ecosystem, the Reserve Bank of India (RBI) has allowed the National Payments Corporation of India (NPCI) to increase transaction limits for person-to-merchant (P2M) payments made through the Unified Payments Interface (UPI). This decision reflects RBI’s commitment to meet evolving user needs and support smoother digital transactions in the growing retail market.

Why the Change Matters?

UPI transactions are generally limited to ₹1 lakh for both P2P and P2M payments. However, certain P2M use cases already permit higher limits of ₹2 lakh or ₹5 lakh. Now, with the latest update, NPCI has been permitted to revise and raise the transaction limits for P2M payments based on ongoing feedback and emerging user trends.

This flexibility is designed to help the payment ecosystem adapt quickly to new demands without waiting for fresh RBI approvals every time a limit change is needed.

What Is NPCI’s Role in This?

The National Payments Corporation of India (NPCI) is the backbone of UPI and other retail payment systems in India. It has now been authorised by the RBI to work with banks and payment service providers to define new transaction ceilings for P2M payments.

RBI Governor Sanjay Malhotra mentioned that NPCI can adjust the limits after consulting with all stakeholders involved in the UPI ecosystem. However, banks will still have the discretion to apply internal limits within the upper limit set by NPCI, ensuring a balanced approach to risk management.

What About Person-to-Person Payments?

While P2M payment limits can now be revised upwards, RBI has clarified that P2P transactions through UPI will continue to remain capped at ₹1 lakh. This means only payments made to merchants—like online shops, local stores, and service providers—can benefit from higher UPI payment limits.

Safe Payments Remain a Priority

To ensure that the increased transaction limits do not lead to misuse or fraud, appropriate safeguards will be introduced. These measures aim to manage risks effectively while giving users the freedom to make larger payments when necessary.

A Step Forward for Digital India

This decision by the RBI is expected to benefit millions of merchants, especially those operating in sectors like healthcare, education, or travel, where high-value digital payments are common. It also reflects India’s ongoing push towards a cashless economy and a more adaptable digital payments infrastructure.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

How Solar Startups Are Transforming Handlooms and Agriculture in India

Many villages in India still struggle with power cuts and weak electricity. But now, things are changing. Thanks to solar startups, even the most remote areas are getting clean, steady electricity through solar power.

From handloom weavers to farmers, many people are now using solar energy to power their work. These changes are not just helping the environment—they’re improving lives and incomes.

Indian Startups and Their Initiatives

  1. ONergy Solar: Impacted over 1 million lives, supporting households, micro-businesses, and farmers with solar solutions. Their simplified financing models and local partnerships are making solar adoption seamless.
  2. SNL Technologies: Based in Manipur the startup has transformed lives by offering EMI options as low as ₹920 per month for solar panels. Their work in powering looms and homes is enhancing productivity and supporting women-led livelihoods.
  3. Gram Oorja Solutions Private Limited: Active for over 16 years, has built 152 solar microgrids, electrifying 6,200+ households in remote Indian villages. Additionally, they’ve deployed 770 solar-based irrigation systems, benefiting over 3,400 farming families. 
  4. SolarSquare Energy Solutions: Another key player, aims to counter the low adoption rate (currently just 1% of Indian homes) by increasing awareness and promoting solar’s long-term cost benefits.

Solar Power Helping Women Weavers

India’s handloom sector, largely powered by women, has also seen transformation. In regions where women work late into the evening, solar-powered looms are now helping women weave more fabric, earn better, and contribute to their families’ income. Campaigns like Bolega Bihar empowered over 700 women to lead local solar energy adoption.

Support from Government Schemes

The government is also helping people go solar. Under the PM Surya Ghar: Muft Bijli Yojana, over 10 lakh homes have installed solar panels as of March 2025. Families can get loans up to ₹2 lakh with low interest to install rooftop solar systems. This means more people can afford solar power without a big upfront cost.

Solar Microgrids Changing Villages

While rooftop panels work for homes, some villages now use solar microgrids—a small solar power system that powers the whole village. One such example is Darewadi in Maharashtra, once known for long power cuts. Now, thanks to solar power, homes have lighting, water pumps run efficiently, and TVs and music systems operate all day.

Farming with Solar Power

Instead of spending money on diesel for water pumps, farmers now use solar pumps that save money and reduce pollution.

Solar dryers are also helping fruit farmers. These dryers keep the fruits fresh for longer, even when the weather changes. Some farmers have started using solar-powered machines to process and store fruits better.

In some places, solar-powered cooking systems using biogas are also making cooking cleaner and safer for families.

A Brighter, Greener Future

Thanks to solar startups, villages in India are no longer waiting for electricity. They are creating their own clean energy systems, supported by easy loans, government help and smart business models. From weaving to farming, solar power is boosting income and improving everyday life.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

NTPC Plans to Replace Old Coal Plants with Small Nuclear Reactors

India’s top power producer is setting its sights on the future by turning to small modular reactors (SMRs) to replace ageing coal plants. As per reports by Reuters, the company has taken a bold step towards cleaner energy by calling for consultants to carry out feasibility studies for the development of SMRs. These compact nuclear reactors are simpler in design compared to traditional nuclear plants and can be scaled according to energy demand.

Moving Away from Coal

The company mainly operates coal-based power plants and is now looking to retire several of them over the next 5 years. These outdated units, which currently form a large part of its 63 GW coal power capacity, are expected to be gradually phased out and replaced with SMRs. This transition is part of a larger effort to reduce dependency on fossil fuels and make way for cleaner, more sustainable power sources.

India’s First Step Towards Small Nuclear Reactors

This initiative marks a significant moment for the country’s nuclear energy space. Although other companies have shown interest in building SMRs, this is the first official move in the form of a tender. According to Reuters, the proposal is also aligned with the government’s recent plans to amend nuclear liability laws, making it easier for foreign and private companies to invest in the sector.

India currently has about 8 GW of nuclear energy capacity, all operated by a state-run corporation. However, the goal is to reach 100 GW by 2047. NTPC’s decision to explore SMRs is expected to contribute meaningfully towards that target.

Strategic Investments and Global Collaboration

As part of this shift, the power producer is also reported to be in talks with several international firms, including those from Russia and the United States, to help develop SMRs in India. Alongside this plan, the company is also working on two large-scale nuclear projects with a combined capacity of 5.2 GW and aims to build a total of 15 GW of nuclear capacity over time.

Looking ahead, it has laid out a roadmap to build 30 GW of overall capacity by 2034. This investment, estimated at $62 billion, underlines its long-term vision to lead India’s energy transformation.

Growth Beyond Nuclear

The company is not only focusing on nuclear energy but also expanding across other clean energy platforms. It has ventured into renewable energy with 15 GW of renewable capacity currently under construction. Its broader goal is to achieve 60 GW of renewable energy capacity by 2032. Additionally, it is exploring areas such as e-mobility, green hydrogen, battery storage, and waste-to-energy technologies.

NTPC Share Price Today

Despite NTPC’s ongoing efforts to modernise its energy portfolio and invest in clean technologies, investors remain cautious. As of 10:15 AM on April 9, 2025, NTPC’s share price was trading at ₹352.70, down slightly by 0.11%, with a market capitalisation of ₹3.42 lakh crore. 

The company recently reported a 3.88% rise in power generation in FY25 compared to the previous year, with total generation touching 438.6 billion units. Its installed capacity also grew by nearly 4 GW in FY25, reaching an impressive 80 GW, showcasing its consistent efforts in expanding infrastructure.

Conclusion

The plan to replace coal-fired plants with small nuclear reactors highlights a major shift in India’s approach to power generation. By moving forward with SMRs, the company is not only investing in new technology but also setting a precedent for other energy players in the country. With a growing emphasis on clean, reliable, and scalable power, this move could play a key role in shaping India’s energy landscape for decades to come.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

NBCC Shares Rises 4.5% on New ₹120.9 Crore Orders and RailTel Data Centre Tie-Up

NBCC share price saw a sharp rise of 4.54% to close at ₹83.07 on Tuesday, following two key developments—new project orders worth ₹120.9 crore and a strategic partnership with RailTel for data centre ventures.

Fresh Orders Drive Momentum

The company announced it had secured three new projects in its routine course of business. These include the construction of a multistorey court building in Gudivada, Andhra Pradesh, valued at ₹46.69 crore; a 14-court complex in Bhimavaram worth ₹72.17 crore; and renovation work at the TEC Building in New Delhi for ₹2.04 crore.

These projects reflect NBCC’s ongoing role in infrastructure development, especially in public sector construction and renovations.

NBCC and RailTel Join Hands

In a forward-looking move, NBCC signed a Memorandum of Understanding (MoU) with RailTel Corporation of India on April 7. The agreement will run for 5 years and focuses on joint execution of data centre projects in India and overseas.

NBCC will offer its expertise in project management and civil infrastructure, while RailTel will handle the digital side—managing IT infrastructure, installation, testing, and ongoing maintenance.

A Strong Strategic Fit

This collaboration is set to leverage both companies’ strengths to deliver complete data centre solutions. With the growing demand for digital infrastructure, the partnership is expected to open new growth avenues for NBCC while strengthening its service offerings.

NBCC Share Price Gains Investor Trust

These positive updates have lifted investor sentiment, leading to the sharp rise in NBCC share price. NBCC share price rose sharply by 4.54% on Tuesday, 8 April 2025, closing at ₹83.07. It touched an intraday high of ₹84.50, with an upper circuit limit of ₹87.40. The stock’s all-time high stands at ₹139.83.

With consistent order inflows and entry into high-potential sectors like data centres, the company is well-placed for long-term growth. As the infrastructure sector in India expands rapidly, National Buildings Construction Corporation (India) Limited continues to strengthen its position with timely projects and strategic alliances.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Aye Finance Gets SEBI Nod for ₹1,450 Crore IPO to Boost MSME Lending

Gurugram-based non-banking financial company (NBFC), Aye Finance, has received approval from SEBI for its ₹1,450 crore initial public offering (IPO). The company, which supports micro and small businesses across India, filed its draft papers in December 2024 and is now all set to hit the primary market.

What Does the IPO Include?

The IPO will comprise a fresh issue of shares worth up to ₹885 crore and an offer for sale (OFS) worth up to ₹565 crore by both institutional and individual shareholders. The face value of each share is ₹2.

Among the selling shareholders are key investors like LGT Capital, CapitalG LP, A91 Emerging Fund, Alpha Wave India, MAJ Invest, CapitalG International LLC, and promoters Harleen Kaur Jetley and Vikram Jetley. This move will provide existing investors with partial exits while bringing in new capital for business growth.

Know more about IPO allotment status and check your application details online for the latest updates on share allocation.

Use of IPO Funds

Aye Finance plans to use the proceeds from the fresh issue to boost its capital base. This will help the company meet future funding needs for business expansion and other general corporate purposes. The company may also consider a pre-IPO placement of ₹177 crore, which would reduce the fresh issue size accordingly.

Strong Financial Performance

Aye Finance has shown impressive financial growth. Its net profit increased by 291.5% from ₹43.9 crore in FY23 to ₹171.7 crore in FY24. The NBFC also offers a healthy Return on Equity (ROE) of 17.2% and maintains a sound debt-to-equity ratio of 2.8.

The company has the lowest Net Non-Performing Assets (NPAs) among its peers at just 0.9%, along with a high provision coverage ratio of 72%, indicating strong asset quality.

Supporting Small Businesses with a Nationwide Reach

Aye Finance focuses on empowering India’s micro-enterprises by offering small-ticket business loans, with an average disbursement size of ₹1.5 lakh. According to CRISIL, it stands out as the most geographically diversified NBFC among its peers in the MSME lending space.

The IPO is being managed by Axis Capital, IIFL Capital Services, JM Financial, and Nuvama Wealth Management, with KFin Technologies acting as the registrar. With a solid financial base and a clear focus on underserved small businesses, Aye Finance’s IPO might draw significant investor interest.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Delhi EV Policy 2.0 Triggers Over 4% Fall in IGL Share Price

Indraprastha Gas Limited (IGL) shares took a sharp hit of over 4% in Tuesday’s trading session after the Delhi government unveiled the draft of its Electric Vehicle (EV) Policy 2.0. The policy proposes a gradual phase-out of petrol, diesel, and even CNG-powered vehicles, causing investor concerns over IGL’s future business prospects.

No More New CNG Autos

One of the most notable moves in the draft is the decision to stop the registration of new CNG auto rickshaws from August 15, 2024. Instead, all permits will either be substituted or re-issued as electric auto rickshaw permits, aiming to reduce vehicular emissions in the national capital.

This significant policy shift directly affects IGL’s core customer base, as the company is a major supplier of CNG for public transport in Delhi.

Other Vehicles Also Affected

The policy does not stop at autos. It proposes that CNG autos over 10 years old must be either converted or replaced with battery-powered models during the policy period. Diesel, petrol, and CNG goods carriers also face a ban on new registrations from 15 August 2024.

Further down the line, the policy plans to ban two-wheelers running on petrol, diesel, or CNG from 15 August 2026. This reflects a bigger push to reduce pollution by promoting clean energy vehicles across the city.

Changes in Public Transport

The Delhi government also wants all buses run by DTC and DIMTS to be electric. Only electric buses will be allowed for city travel, while BS VI buses will be permitted for inter-state routes.

Even private car owners will be affected. The draft recommends that anyone with two or more cars should only be allowed to buy electric cars once the policy comes into effect.

Implications for IGL

Given that a significant portion of IGL’s revenue comes from supplying CNG to autos, buses, and goods carriers, the announcement has raised concerns about its future growth trajectory. Investors reacted swiftly, with IGL share price closing at ₹180.16 on Tuesday, marking a dip of over 4%.

Although the transition to EVs is expected to take place over several years, the policy clearly signals that CNG will not be a long-term solution in Delhi’s green mobility plans.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Semiconductor Startup Calligo Technologies Secures $1.1 Million to Expand Chip Innovation

In a boost to India’s growing semiconductor space, Bengaluru-based startup Calligo Technologies has raised $1.1 million in Pre-Series A funding. The round was led by Seafund and Artha Venture Fund, and will support the company’s next stage of growth—developing its second-generation semiconductor chip and scaling up its operations.

Powering the Next Phase of Chip Development

Founded in 2012 by Anantha Kinnal, Rajaraman Subramanian, and Vinay N. Hebbali, Calligo Technologies focuses on building cutting-edge chips and software designed for high-performance computing (HPC), big data, and AI applications. The funds raised will help the company build its version 2.0 silicon chip and expand its engineering team. A significant portion of the funding will also go toward strengthening industry partnerships and boosting research and development.

Calligo previously raised $1.57 million from investors including KITVEN and has already made strides in product development and deployment. The company’s version 1.0 chip has been shipped to early customers and tested in real-world scenarios, demonstrating both functionality and commercial interest.

The POSIT Advantage on a RISC-V Platform

Calligo stands out for using the POSIT number system, which is a smarter alternative to the usual floating-point format used in computing. This system is built on the RISC-V platform, helping boost speed and accuracy in data processing.

Its main product, the TUNGA accelerator board, features an eight-core POSIT-enabled RISC-V processor. It works well with popular server types like x86, ARM, and PowerPC. This setup is designed to save energy, improve accuracy, and handle complex computing tasks better—perfect for training AI models and running high-performance computing (HPC) simulations.

International Collaboration and Market Expansion

Over the past year, CalligoTech has worked closely with U.S.-based universities, national laboratories, and supercomputing centres. These collaborations have helped the startup expand its global footprint, attract international talent, and prepare for a soft U.S. launch.

Calligo has also modified RISC-V compilers to support popular programming languages such as C/C++, Fortran, and Python, enabling developers to run existing HPC and AI applications without changing their source code.

India’s Growing Semiconductor Ambitions

Calligo’s rise comes at a time when India’s semiconductor market is expected to grow rapidly. The industry was valued at $6.67 billion in 2024 and is projected to hit $14.09 billion by 2032, growing at a CAGR of 10.1%. As global demand for sustainable and energy-efficient chips increases, Calligo is well-positioned to make a significant mark.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.