16 Mar, 15:34 - Indian

Nifty Next 50 64343 (-0.54)

Nifty 50 23355.6 (0.88)

Nifty Bank 54287.75 (0.99)

Nifty IT 29053.1 (-0.06)

Nifty Pharma 22493.05 (-1.49)

SENSEX 75502.85 (1.26)

Nifty Smallcap 100 15793.1 (-0.64)

Nifty Midcap 100 54521.1 (-0.44)

16 Mar, 15:34 - Global

NIKKEI 225 53751.15 (-0.13)

HANG SENG 25834.03 (1.45)

S&P 6675.5 (0.41)


Corporate News

You are Here : Home > News > Corporate News >

(10 Sep 2025, 09:42)

Kellton Tech Solutions signs MoU with Hungary-based E-Group ICT Software Zrt

To collaborate on an AI project under EU India Framework Agreement


Kellton Tech Solutions (Kellton) announced the signing of a Memorandum of Understanding (MoU) with Hungary-based E-Group ICT Software Zrt to collaborate on an AI Project under the EU India Framework Agreement.

As part of this MoU, Kellton will create capacity for AI services with the creation of a “AI Gigafactory” where the organization will lend expertise in software development and technology support.

Karanjit Singh, CEO (APAC), Kellton said, "We see this collaboration with E-Group as a pivotal step in shaping a sovereign, human-centric AI future. By bringing together Europe's vision for AI sovereignty and India's deep technology capabilities, we aim to contribute to the AI Roadmap initiative with expertise in AI, Generative AI, Cloud, and Cybersecurity. This partnership reflects our commitment to building secure, ethical, and globally scalable AI ecosystems."

The collaboration will focus on building a sovereign, human-centric AI ecosystem that combines Europe's emphasis on sovereignty and trusted innovation with India's technology expertise and delivery capacity. Anchored in E-Group's Budapest Initiative, the AI collaboration aims to deliver an integrated framework for AI, data processing, and cloud infrastructure that prioritizes transparency, security, and long-term resilience.


More News

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and Content powered by CMOTS InfoTech (ISO 9001:2015 & ISO/IEC 27001:2022 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +