Cars24 has announced the launch of its AI Labs, backed by a USD 20 million investment, to foster AI innovation and support startups in the field.
Elon Musk, already the world's richest person, may soon become the first trillionaire as his space and AI company, SpaceX, prepares for a public listing. The IPO is expected to be the largest ever, surpassing Aramco's 2020 listing, but recent filings reveal a challenging financial picture for SpaceX.
AI is no longer a tool only for software engineers and technology teams.
Hindustan Zinc Ltd (HZL) plans to generate 2,000 crore in value by implementing artificial intelligence-driven solutions across its mining and manufacturing operations. This initiative is part of a broader industry trend to adopt digital technologies for cost reduction, margin improvement, and enhanced environmental and social governance.
E-commerce major Flipkart has announced significant appointments to its technology leadership team, bringing in experts in artificial intelligence, data science, fintech, and core engineering. These strategic hires, including Goda Ramkumar, Mohan Palisetti, and Nitesh Jain, are aimed at strengthening Flipkart's capabilities in these critical areas to better serve India's expanding digital consumer and seller base.
E-commerce major Flipkart has announced significant appointments to its technology leadership team, bringing in experts in artificial intelligence, data science, fintech, and core engineering. These strategic hires, including Goda Ramkumar, Mohan Palisetti, and Nitesh Jain, are aimed at strengthening Flipkart's capabilities in these critical areas to better serve India's expanding digital consumer and seller base.
'The real money in India over the coming period is likely to be made in small-cap stocks rather than in the large-cap benchmark names.'
Kumar Mangalam Birla urged young people to 'build in India, build for India and build for the world'.
Major US technology companies, Meta and LinkedIn, are undergoing significant workforce restructuring, with Meta planning to lay off 8,000 employees while shifting 7,000 into AI-focused roles, and LinkedIn cutting over 600 jobs across various departments.
'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'
'Today, we see people go on ChatGPT to ask 'can you plan my holiday' and then they have to go outside of the ChatGPT window to make all the bookings and so how can we complete that really high-intent use case that a user has come to ChatGPT with and help them complete that all the way within the chat GPT window.'
TCS, India's largest IT firm, is aiming to become the world's leading AI-led technology services company. CEO K Krithivasan highlights the company's strategy, including upskilling its workforce and executing nation-scale projects in India.
Barclays Global Service Centre India MD & CEO Praveen Kumar has urged Indian banks to modernise their technology architecture and build AI-based defence systems to counter emerging cyber threats posed by AI tools.
'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'
Delhi Police have arrested five people for robbing a goldsmith of jewellery and cash at gunpoint in east Delhi. The police recovered 21 stolen gold chains weighing around 250 grams from the accused.
A joint study by IBM and IndiaAI, a MeiTY initiative, indicates that Artificial Intelligence (AI) has the potential to contribute over USD 500 billion to India's economy by 2030. The report highlights the need for improved AI literacy, infrastructure, and data quality to fully realise this potential.
Dark patterns are no longer just a consumer protection concern, but a broader macroeconomic challenge affecting the long-term sustainability of India's digital commerce ecosystem.
India's top 16 IT services companies distributed a record 1.3 trillion to shareholders in FY26 through dividends and share buybacks, a 36.3 per cent increase from FY25, even as the industry grappled with AI-driven business model threats and a significant decline in market capitalisation.
Compared with a year ago, the effective cost of studying abroad for Indian students has increased by roughly 10%-12% due to currency depreciation and rising living costs.
Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.
IBM and Yotta Data Services have announced a partnership to deliver an agentic artificial intelligence (AI) platform for enterprises and government organisations in India, leveraging IBM WatsonX Orchestrate and Yotta's Shakti Cloud.
The start of the West Asia conflict has led to a sharp increase in crude-linked raw material prices, pushing up the price of helmets across the country.
Qlik and ServiceNow have announced a partnership to integrate data analytics and AI into enterprise workflows, enabling faster and more informed decision-making.
Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.
Opposition parties in Punjab have criticised the Bhagwant Mann government following a blast incident at a freight corridor rail track in Patiala, citing intelligence failures and a lack of grip on law and order.
Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.
OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.
A Deloitte survey reveals that Indian Gen Z and millennial professionals are rapidly adopting AI tools in the workplace, surpassing their global counterparts in usage and confidence, while also facing financial pressures and shifting workplace expectations.
'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'
At a time when artificial intelligence is reshaping industries, can it really replace a designer's instinct?
The murder of a Jalandhar-based RTI activist has sparked outrage and political condemnation in Punjab, with opposition parties criticising the AAP government's handling of law and order.
It will enable real-time intel sharing among banks and other financial sector participants to strengthen customer protection against digital fraud.
Delhi Police have arrested two men from Goa, claiming to have busted an interstate cyber-fraud-and-cash-conversion racket. Transactions worth nearly Rs 40 lakh routed through the network have been uncovered.
API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.
'Policy consistency combined with timely and calibrated reforms are expected to ensure that India not only maintains macroeconomic stability, but also emerges as a globally competitive and inclusive economy.'
Made in India: A Titan Story chronicles the history of the homegrown watch brand Titan, highlighting its journey from challenging a conservative market to becoming a successful consumer brand, driven by the vision of Xerxes Desai and the mentorship of J R D Tata.
Salesforce is concentrating on developing 'digital labour platforms' and using AI to augment human capabilities rather than replace them, according to a senior company official.
India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.
A senior US official has emphasised the importance of openness and security in the development of artificial intelligence between India and the US, urging both nations to avoid dependencies on adversarial countries.
US President Donald Trump is set to visit China for talks with President Xi Jinping on trade, global issues, and the Gulf war. The visit aims to address trade frictions and other key issues, with high expectations for progress.
