Cognizant reported a significant increase in net income for the December quarter, driven by AI efficiencies and strong performance in the financial services sector. The company also announced a major deal and provided guidance for the upcoming year.
Unified Payments Interface (UPI) transactions moderated slightly in June from a record high in May, reaching Rs 28.9 lakh crore. Despite a month-on-month decrease in volume, the daily average transactions hit a new high, indicating UPI's strong adoption for low-value payments. The platform also demonstrated significant annual growth and expanding international presence.
Microblogging platform X has implemented technological measures to prevent its Grok AI chatbot from generating images of real people in revealing clothing in jurisdictions where it is illegal, following government pressure over obscene deepfakes.
The National Investigation Agency (NIA) has taken over a probe from Andhra Pradesh police concerning an alleged extremist network. Twelve suspects were arrested across several states for their links to banned terror organisations like AQIS and ISIS, involved in radicalisation and recruitment through online platforms.
Punjab Police have dismantled a significant cross-border illegal arms, drugs, and hawala network, apprehending four individuals and two juveniles, including an Afghan national. The operation led to the recovery of heroin, pistols, cartridges, and drug money, with investigations ongoing to identify further links.
'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'
The National Ice Hockey Championship has commenced in Dehradun, introducing Under-12 and Under-15 categories for boys and girls for the first time. The month-long event, organised by IHAI, aims to identify and develop young talent, inspired by the Indian women's team's recent success.
Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.
The US Department of State has signed a Memorandum of Understanding with the Ultimate Fighting Championship (UFC) to launch a public-private partnership aimed at advancing sports diplomacy worldwide. This initiative will leverage UFC's extensive global platform and athletes to engage international audiences, promote cultural exchange, and champion American values such as discipline and perseverance.
The US Department of State has signed a Memorandum of Understanding with the Ultimate Fighting Championship (UFC) to launch a public-private partnership aimed at advancing sports diplomacy worldwide. This initiative will leverage UFC's extensive global platform and athletes to engage international audiences, promote cultural exchange, and champion American values such as discipline and perseverance.
The Madhya Pradesh Anti-Terrorism Squad (ATS) has arrested three individuals from Madhya Pradesh, Uttar Pradesh, and Rajasthan in connection with an alleged inter-state online radicalisation module. The module is believed to be operated by a Pakistan-based handler using encrypted messaging platforms, with central intelligence agencies providing initial inputs.
Holoflex Ltd, a leading anti-counterfeiting and security solutions provider, plans to invest Rs 30 crore over the next two years to establish a second manufacturing facility. This expansion is driven by increasing demand for integrated brand protection solutions and growing concerns over counterfeit products across various sectors, including essential goods. The company aims to significantly boost its revenue and strengthen its position in the rapidly growing anti-counterfeiting market.
Delhi is set to establish its first underground Chemical, Biological, Radiological and Nuclear (CBRN) command centre at the new Delhi Fire Services headquarters, a facility designed to ensure uninterrupted coordination and protection for personnel during nuclear warfare, radiological leaks, or chemical disasters.
Delhi Police have arrested three individuals, including a B.Tech student, for allegedly operating fake helicopter booking websites that defrauded pilgrims across India. The accused created fraudulent sites impersonating legitimate travel platforms, luring customers with online ads, and are linked to nearly 30 complaints totalling Rs 10 lakh in fraud.
Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.
Karnataka Power Transmission Corporation Limited (KPTCL) has successfully deployed advanced drone technology for inspecting high voltage transmission corridors, leading to an 85 per cent reduction in power outages. This initiative has improved operational efficiency, workforce safety, and enabled precise fault detection and predictive maintenance across over 11,000 transmission towers and 3,370 km of lines.
Cyber Police have arrested Abdu Rahman in Delhi, a key accused in a Cambodia-based online fraud network. This syndicate, which initially used online trading and loan scams, shifted to matrimonial platforms to defraud Indian citizens, including a Kochi doctor who lost Rs 37 lakh. The network recruits Indians to work in scam centres in Cambodia and has been responsible for numerous online frauds.
Bengaluru Customs officials arrested two passengers at Kempegowda International Airport in separate incidents, seizing hydroponic ganja worth a total of Rs 5.9 crore. The arrests were made under the Narcotic Drugs and Psychotropic Substances (NDPS) Act.
Bengaluru Customs officials arrested two passengers at Kempegowda International Airport in separate incidents, seizing hydroponic ganja worth a total of Rs 5.9 crore. The arrests were made under the Narcotic Drugs and Psychotropic Substances (NDPS) Act.
A local BJP leader in Thrissur, Kerala, A R Sreekumar, has been booked for attempted culpable homicide based on his wife's complaint of brutal assault. His wife alleges he attacked her for returning home late and that party workers are harassing her on social media.
India Inc on Sunday hailed the Union Budget 2026-27 as a 'structural shift' in the country's technology landscape, noting that the government is moving beyond fragmented pilots to build foundational layers where AI serves as a 'horizontal enabler' for the entire economy.
The Sports Ministry, led by Mansukh Mandaviya, has announced stringent selection criteria for the upcoming Asian Games, capping the contingent at 600 athletes. The policy prioritises medal prospects, stating that the Games are not for "exposure tours" or securing jobs. This includes a "realistic chance of winning a medal" and being in the top six continental rankings. The ministry will scrutinise recommendations from National Sports Federations, with specific cases like equestrian Anush Agarwalla and table tennis player Manika Batra highlighting the new approach.
The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.
The Uttar Pradesh Police dismantled a sleeper cell linked to Pakistani gangster Shahzad Bhatti, arresting four operatives in Saharanpur. The accused were involved in reconnaissance, radicalising youth, and planning subversive activities.
Uttar Pradesh DGP Rajeev Krishna stated that the state's law and order situation has significantly improved, with criminals losing their former confidence. He warned against anti-social elements using social media to intimidate and discussed ongoing probes into the Ayodhya Ram Mandir irregularities and the extradition of a drug trafficking kingpin. The DGP also highlighted the rising challenge of cybercrime and police efforts to combat it.
The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.
A strong contingent of Commonwealth Games-bound Indian boxers, led by Olympic bronze medallist Lovlina Borgohain, will participate in the invitational Grand Prix Usti nad Labem in Czechia. The tournament offers a crucial opportunity for the athletes to fine-tune their preparations and gain international exposure against strong opposition.
'Today, we are at a stage where we have launched a voice-to-voice model that supports 14 Indian languages.'
India's junior women's hockey team is set to embark on a tour of the United Kingdom from July 5 to 14, playing seven matches against various international U-21 teams and Scotland's senior side. This tour, led by new coach Tim White, is crucial for the team's preparation for future competitions and aims to provide valuable international exposure.
Zee Entertainment Enterprises Ltd (ZEEL) has announced an eight-year partnership with FIFA to broadcast all its matches, including the World Cup 2026, in the Indian market. The deal includes 39 FIFA global football events, with live coverage available on ZEEL's sports network and streaming platform ZEE5.
A Mumbai court granted anticipatory bail to a 21-year-old law student, Abhay Pratap, accused of selling obscene videos of self-styled godman Ashok Kharat online. The court noted the videos were already publicly available, deeming custodial interrogation unnecessary.
Jamco Interiors, a global supplier of aircraft cabin systems, has opened a Centre of Excellence (COE) in Pune. This strategic move aims to meet the increasing demand for advanced cabin interiors in India's rapidly growing commercial aviation market and leverage local engineering talent for global aerospace programmes.
Gurugram Police have arrested six individuals allegedly involved in a cybercrime racket that defrauded people through online gaming and betting platforms. The arrests followed a raid in Delhi's Janakpuri area, where authorities seized mobile phones, laptops, ATM cards, and other incriminating materials.
Scientists from Agharkar Research Institute (ARI), Pune, have developed a biodegradable nanocarrier platform for targeted gene therapy in breast cancer. This strategy uses mesoporous silica nanoparticles to deliver siRNA molecules, effectively inhibiting tumour growth and reducing off-target effects, offering a promising new approach to cancer treatment.
Police in Meerut have arrested two individuals for allegedly running a fake Common Service Centre (CSC) to open fraudulent bank accounts using forged documents of unsuspecting, needy people. The accused used these accounts for online financial frauds, leading to the recovery of numerous fake IDs, bank cards, and other incriminating evidence.
Gurugram Police have arrested four individuals allegedly involved in an online betting fraud operation. The accused lured users with online gaming advertisements, processed payments through QR codes, and earned commissions on deposits.
Maharashtra Cyber has arrested a Telegram-based seller, Adiraj Rajendra Bait, for allegedly dealing in Child Sexual Exploitation and Abuse Material (CSEAM). The arrest followed an extensive investigation involving digital ecosystem monitoring, technical verification, and forensic analysis of the accused's mobile phone.
Estonian tech startups in AI, cybersecurity, defence, and medicine are showing interest in collaborating with India, aiming to tap into its vast market. Latitude59, a prominent startup conference, is considering hosting a networking event in India next year to foster these partnerships.
Haryana has significantly reformed its land records administration, reducing pending mutation cases by over 90% and implementing an auto-mutation system. This digitisation effort aims to make land management faster, more transparent, and technology-driven, improving efficiency and public trust.
India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.
