OpenAI has launched local processing of AI requests in India for its API, enabling businesses and developers to run workloads on its GPT-6 Luna model within the country. This initiative addresses data localisation needs by ensuring both processing and data storage occur in India, removing a significant barrier for Indian organisations, especially in sectors like financial services.
TVS Motor Company, the world's third-largest two-wheeler manufacturer, is aggressively expanding its international business, particularly in Europe, with a strategic goal to derive 40 per cent of its overall revenue from global markets by 2030.
NetApp CEO George Kurian advocates for harmonised global AI regulations to simplify compliance and foster business growth. He highlights the complexities arising from diverse regulatory frameworks and the importance of a unified approach, similar to cyber resilience standards. Kurian also notes India's significant role as NetApp's fastest-growing market in Asia, driven by its Bengaluru global capability centre.
The climate finance battle once again exposes the deep divide between rich and developing nations.
A World Bank report, 'The Promise of Artificial Intelligence', states that AI presents a historic opportunity for low- and middle-income countries to overcome development challenges, despite many being unprepared. It advises these nations to adopt and adapt existing AI tools rather than focusing on building frontier models immediately. The report also notes a significant gap in AI adoption and job automation between high-income and developing countries.
Global companies like LG Electronics, Smartworks, Microsoft, and HCL Technologies lauded Uttar Pradesh's investor-friendly policies, infrastructure, and talent at the GCC Innovation Summit 2026. They shared positive experiences, highlighting the state's swift decision-making and commitment to fostering a conducive environment for Global Capability Centres, leading to significant investments and job creation.
Suzuki Motor Corporation is set to revolutionise its operations by halving vehicle development times and significantly boosting efficiency by 2030, while committing to a diverse multi-powertrain strategy that includes BEVs, hybrids, and carbon-neutral fuels.
Indian AI company Sarvam has appointed Sashikumar Sreedharan, former Managing Director for India at Google Cloud, as its President and Chief Business Officer. He will lead business operations across enterprises and government, expanding Sarvam's reach with digital-native companies and partners, as the company grows its customer base and product development.
Industry leaders at an AIMA panel discussion emphasised the need for businesses to quickly adapt to changing market conditions and invest in technologies like artificial intelligence to build resilience and achieve long-term growth. They highlighted the current era of uncertainty driven by geopolitical tensions, supply chain disruptions, and rapid regulatory changes, stressing that tactical responses are as crucial as long-term strategy.
State Bank of India (SBI) is developing an innovative solution to assess the creditworthiness of small businesses lacking GST registration by utilising UPI transaction data. This initiative aims to provide end-to-end digital loans within a day, addressing the financial exclusion of many small enterprises.
Indian AI startups are finding it challenging to secure their first few US customers due to the demand for proven track records, high local hiring costs, and visa hurdles, even as venture capital firms launch programmes to facilitate their entry into the American market.
Indian firm Bharat Forge and US defence major Pratt & Whitney Canada have announced a collaboration to support the development of India's high-altitude, long-endurance (HALE) unmanned aerial vehicle. This partnership involves integrating advanced turboprop engines into a DRDO-designed UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative.
The Indian government has significantly simplified its visa regime, reducing main categories from 13 to nine and sub-categories from 49 to 23. This initiative also cuts down fields in visa application forms by 65-70 per cent, aiming to make the process more coherent and responsive for foreign nationals. Key changes include renaming the Tourist Visa to Visitor Visa, consolidating medical and student visas, and introducing a Production Investment Business Visa.
Cognizant has announced the formation of the 'Claude Frontier Capability Group', comprising over 25,000 professionals dedicated to implementing Anthropic's Claude AI for clients. This initiative, coupled with a new managed services model, aims to help enterprises integrate AI from pilot to production, addressing the challenge of delivering business value from frontier AI capabilities.
FIDE President Timur Turlov has affirmed India's status as a trusted partner for the world chess body, indicating the country will continue to host major international championships for the next four years. He also advocated for greater Indian influence within the Asian Chess Federation, acknowledging India's emergence as a chess powerhouse with young talents like D Gukesh. Turlov outlined his priorities, including digital advancement, improved broadcasting, and commercial expansion for FIDE.
Industry is pushing for GST reforms that would let companies use unused tax credits from one state to pay GST liabilities in another, potentially freeing up working capital trapped across state registrations.
Simplify Alpha, a Chicago-based healthcare technology company, has inaugurated its AI Engineering Centre in Hyderabad, aiming to expand its workforce to 1,000 professionals within two years. The centre will leverage AI and healthcare domain expertise to address complex operational challenges in the US healthcare industry, reinforcing Hyderabad's status as a global innovation hub.
Fintech firm Razorpay has secured approval from markets regulator Sebi for its proposed initial public offering (IPO) of Rs 5,000-6,000 crore, targeting a valuation of around USD 5 billion. The company, founded in 2014, offers various financial services and attained unicorn status in 2020. This development follows its confidential IPO filing in June, while rival PhonePe's IPO is currently on hold.
Corporate governance advisory firm InGovern Research Services has stated in a new report that a documented family arrangement should not be reopened solely due to changes in business valuations, specifically addressing the ongoing succession dispute within the Venu Srinivasan family of the TVS group.
Seven of the top 10 best-performing Indian smallcap stocks over the past year, linked to the US data centre boom and AI infrastructure, are now facing a valuation test as enthusiasm for AI investment shows signs of cooling on Wall Street. Analysts warn that the rally in these Indian counterparts may have left valuations increasingly stretched, with any pullback in US capital expenditure potentially weighing on their share prices.
The last major business daily to launch in India was Financial Chronicle in April 2008, preceded by Mint on February 1, 2007.
Andhra Pradesh has successfully converted 526 out of 714 investment projects received since June 2024, achieving a conversion rate of nearly 74 per cent by project count. These projects represent investments worth Rs 17.2 trillion with an employment potential of 1.93 million jobs, showcasing the state's commitment to translating investment commitments into on-ground projects.
IT services firm Tech Mahindra has announced a collaboration with AI coding platform SpaceXSI to help global enterprises modernise legacy applications, accelerate software delivery, and improve developer productivity through AI-assisted engineering across the software lifecycle. The partnership aims to embed AI intelligence across the software development lifecycle for better business outcomes, focusing on sectors like technology, telecommunications, and banking.
At 44, James Anderson will extend his playing career as captain and co-owner of Napoli Knights in Italy's Italia T10 league, helping develop home-grown talent ahead of cricket's Olympic ambitions.
'When you are content with your life, you become a much more difficult customer for companies trying to persuade you to spend.' 'When you are unhappy or constantly comparing yourself with others, you become more vulnerable to advertising and impulsive purchases.'
While many people meticulously calculate their retirement savings, they often overlook how they will actually spend the decades that follow.
Preeti Lobana, Google India VP, stated on Wednesday that Google views AI as an "economic equaliser" and a democratic technology. Speaking at Google Cloud Day, she highlighted AI's potential to empower businesses, especially SMEs, in India's journey towards Viksit Bharat 2047. Google has committed USD 15 billion to scale India's digital and AI infrastructure, including an AI hub in Visakhapatnam, to support the IndiaAI Mission.
Apple has reported an all-time revenue high in India for the September quarter, alongside record performance in Mac and services revenue, and a September-quarter high in terms of iPhone upgraders, indicating strong business momentum in the country.
Western Australia Premier Roger Cook emphasised cricket's pivotal role in enhancing India-Australia relations, fostering business development, economic ties, and trade. He highlighted the upcoming Big Bash League match in Chennai and the opening of the University of Western Australia campus in Mumbai as key initiatives strengthening bilateral cooperation and cultural exchange.
Info Edge (India) Ltd, the parent company of Naukri.com, is undergoing a significant leadership change as founder Sanjeev Bikhchandani prepares to return as managing director and group chief executive officer. This transition follows Hitesh Oberoi's decision to step down from his executive roles after nearly 27 years with the company, though he will remain on the board as a non-executive, non-independent director.
Indian stock markets are set to be influenced by a confluence of factors this week, including escalating geopolitical tensions, particularly concerns over US-Iran conflict, volatile crude oil prices, and the ongoing quarterly earnings season. Additionally, the US midterm elections, foreign investor activity, and key macroeconomic data releases will also be closely monitored by investors.
In a life fully and adventurously lived, Bunker Roy creatively defied many conventions and opened paths for subsequent generations to follow. Long before the term 'social entrepreneur' was coined, Bunker innovated empowering social processes and village-level production systems that dramatically improved the lives of tens of lakhs of people not only across India but in 96 other countries, notes Rajni Bakshi.
Air India group CEO Tewolde Gebremariam announced plans to order more wide-body aircraft to boost international operations, while simultaneously addressing the 'major concern' of high operating costs. The airline aims for profitability 'very soon' despite significant financial losses in recent fiscal years.
Artificial intelligence company Anthropic, known for its Claude AI chatbot, has filed a registration statement with the US SEC for its proposed initial public offering (IPO), intending to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol 'ANT'.
A new study by the Council of Scientific and Industrial Research (CSIR) has developed an integrated land-use regression (iLUR) model to map environmental noise across Delhi. This innovative approach combines geographical and real-time traffic data, including vehicle counts, speeds, and honking, to provide a more accurate and cost-effective understanding of noise distribution in the city's complex urban landscape. The model aims to help authorities plan targeted measures for noise control.
'Once this entire AI and tech driven euphoria in the Western markets sees a correction there will be a re-evaluation of the Indian equity market and inflows will resume.'
Ghanakanta Gogoi, the prime accused in the recent firing incident at Hotel Bilas Inn in Guwahati that resulted in five deaths, has been sent to 14-day judicial custody by a court. Police had sought further remand but were denied. The incident on October 26 stemmed from a dispute over hotel management between the property owners and the leaseholder, Gogoi.
US intelligence agencies have reportedly concluded that Alice Huang, a Chinese businesswoman with close ties to Nvidia CEO Jensen Huang, was a Chinese intelligence asset. She is accused of funnelling information to Beijing and helping China circumvent US AI chip restrictions. China has dismissed these allegations as a "smear". The findings raise concerns about potential access to sensitive information regarding US-China relations and Nvidia's technology.
The lone survivor of the Guwahati hotel firing incident, Satyendra Pathak, has been discharged from the hospital after responding well to treatment. The incident, which occurred on October 26, claimed five lives due to a dispute over hotel management. The prime accused, Ghanakanta Gogoi, was later killed in a police encounter while allegedly attempting to escape custody.
Investors should study the technology behind digital assets, including blockchain networks, wallets and transaction verification, rather than rely solely on recommendations. Understanding the technology could help them assess the risks.
