Praveen Kumar secured a gold medal with a Games record in the men's high jump T44/64 at the Asian Para Games, while Banti added a silver.
AI-managed services firm RapidCanvas, with a significant employee base in India, announced on Friday that it has raised USD 29 million (approximately Rs 275 crore) in Series B funding. The round was led by Vertex Ventures SEA and India, with participation from Hitachi Ventures and existing investors. The company plans to use the funds to expand its go-to-market teams, partner network, and grow its employee base and engineering teams in India, the US, and Brazil, while also investing in product development.
Indian para track and field athletes delivered a spectacular performance at the Asian Para Games, securing 22 medals, including five gold, on Wednesday. Sprinter Simran Sharma was a standout, clinching her second gold medal in the women's 100m T12 event, making her only the fourth Indian to win two golds in the same edition. Other gold medallists included Dilip Gavit, Praveen Kumar, Ayush Verma, and Sachin Khilari, contributing to India's total of 42 para-athletics medals.
Atomic Energy Commission Chairman Ajit Kumar Mohanty announced that India's private sector is projected to invest Rs 7.5 lakh crore and contribute 30 GW towards the nation's goal of achieving 100 GW nuclear power capacity by 2047. This marks a significant policy shift, facilitated by the SHANTI Act, encouraging private participation in nuclear energy beyond the traditional public sector model. The country is also exploring Small Modular Reactors (SMRs) for industrial needs and advancing its three-stage nuclear power programme, leveraging its substantial thorium reserves.
NetApp CEO George Kurian announced that India is the company's fastest-growing market in Asia, driven by strong performance in BFSI, manufacturing, IT services, and public sectors. The company's Bengaluru global capability centre is its largest, housing 4,000 engineers and leading global R&D. NetApp also unveiled new AI-focused storage solutions and cloud partnerships at its Insight event.
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.
Researchers at IIT Delhi have successfully designed India's first working indigenous micro Graphics Processing Unit (GPU). This significant development aims to reduce the country's reliance on imported GPUs, which are crucial for AI, Machine Learning, and various embedded applications, and could help bridge the digital divide.
Pragya Misra, OpenAI's head of public policy and strategy for India, stated that the next phase of AI will concentrate on driving measurable outcomes rather than mere experiments. She highlighted examples like Cars24 using AI for customer retention and a healthcare company building its CRM with OpenAI's Codex, demonstrating AI's tangible business impact and cost-saving potential. OpenAI aims for artificial general intelligence (AGI) to benefit all humanity by making AI accessible and addressing enterprise concerns like data residency.
Salesforce CEO Marc Benioff has identified a significant opportunity for India as the company transitions its enterprise systems to an AI-first model. He emphasised India's crucial role, leveraging its extensive pool of technology professionals and partners, in this global technological transformation, which he likened to a "Y2K moment" for engineering.
L&T Technology Services (LTTS) has inaugurated an NVIDIA-powered Engineering Intelligence (EI) lab in Bengaluru, designed to showcase AI-native manufacturing, digital twins, and autonomous systems. The facility offers clients a comprehensive view of the manufacturing journey, from virtual validation to autonomous operations, and plans to expand to the US.
Indian precision engineering firm Aequs has signed long-term supply agreements with French aerospace major Safran. These contracts will support Safran's supply chain and expand Aequs' role in manufacturing critical aerospace components, including fully assembled A320 family aircraft wheels and landing gear components for various Airbus and Boeing programmes, with significant in-country value addition in India.
Keralam-based Genrobotics Innovations, known for its Bandicoot robots used in hazardous underground environments, has secured a project from ISRO's U R Rao Satellite Centre. The company will develop a high-precision articulated boom arm system for satellite missions, marking its entry into advanced aerospace engineering and contributing to India's commercial space programme.
Zoho cofounder Sridhar Vembu dismisses exaggerated fears about AI's catastrophic potential and global development pauses. He advocates for India to adopt an independent AI strategy, fostering partnerships while avoiding entanglement in US-China tech rivalry. Vembu stresses extensive investment in foundational R&D across sectors, distinguishing it from costly frontier AI model development. He also highlights concerns about AI's impact on human judgment, skill erosion, and job disruption, particularly in software engineering, while remaining optimistic about new economic opportunities.
Paytm founder Vijay Shekhar Sharma has pledged personal funds, ranging from Rs 1 crore to Rs 2 crore, to Indian entrepreneurs developing their own artificial intelligence models. This initiative aims to foster indigenous AI capabilities and reduce reliance on foreign models, echoing Sharma's past success in mobile payments.
ServiceNow has launched AI Workflow Factory and Autonomous Engineer, new solutions designed to help enterprises integrate and scale AI workflows, closing execution gaps caused by legacy infrastructure. These tools aim to accelerate business operations, with Indian partners already adopting them, reflecting India's faster AI operationalisation compared to the global average.
Zoho co-founder Sridhar Vembu argues that predictions of AI's catastrophic outcomes are overstated and a global pause in AI development is improbable. He urges India to adopt an independent AI strategy, focusing on extensive foundational R&D across sectors, while remaining wary of market monopolisation attempts by major tech players. Vembu also highlights concerns about AI's impact on human judgment, skill development, and job markets, particularly for junior professionals.
Rajasthan Governor Haribhau Bagde highlighted ethanol's potential to protect India from volatile petroleum markets and geopolitical risks, advocating for its widespread production and use. He, along with other officials, emphasised ethanol's role in strengthening the rural economy, ensuring timely cane payments, and combating carbon emissions, while also discussing its historical context and current government support.
Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.
Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.
Jio Platforms (JPL) is preparing a capex-light strategy to commercially launch 6G services in the early 2030s through software upgrades, rather than fresh infrastructure investments, according to Akash Ambani, managing director of JPL.
Tata Consultancy Services (TCS) has inaugurated India's first Industrial Autonomy & Engineering Lab in Pune, a "lights-out factory lab" designed to advance AI-led manufacturing. The facility features a robotic battery pack assembly line, enabling manufacturers to prototype and scale AI-first production systems with minimal human intervention, simulating self-optimising factories.
Tata Sons Chairman N Chandrasekaran affirmed India's robust economic position amidst global uncertainty, emphasising that energy security, advanced manufacturing jobs, and investment in human capital are 'critical' for sustaining the nation's long-term growth.
A foreign brokerage predicts that private investments in Indian AI startups are rapidly growing, with potential listings adding up to USD 100 billion to India's market capitalisation over the next two to five years. Goldman Sachs reported a tripling of PE investment in Indian AI startups in 2025 and highlighted India's rising global rank in AI funding and new AI companies.
UST, a California-based technology company, highlights India's unique opportunity to build an AI-native semiconductor ecosystem, bypassing older models. Speaking at SEMICON India 2026, UST COO Gilroy Mathew emphasised India's advantage in investing in infrastructure and talent at the right time, enabling it to create AI-native manufacturing and supply chains for future competitiveness.
Micron CEO Sanjay Mehrotra announced plans to significantly scale up the company's chip assembly and testing facility in India, moving from "vision to execution" in the nation's semiconductor ambitions. He highlighted the success of the Sanand, Gujarat plant, which is already producing "Made in India" memory chips, and the company's substantial engineering contributions from its Indian centres. Mehrotra also emphasised the critical role of memory chips in the AI era, driving Micron's growth.
Forty-two naval vessels are already on order, while the navy has the government's initial go-ahead to procure another 78 ships and submarines and 120 fast interceptor craft, worth approximately Rs 2.41 trillion.
IAF Chief Air Chief Marshal AP Singh undertook a flying sortie with NCC cadet Jakkula Tejasvi Reddy on October 20 at the Air Force Academy, Dundigal. This special flight, part of Singh's final sorties before superannuation, aimed to familiarise the cadet with aviation and encourage defence careers, aligning with the 'Viksit Bharat -2047' vision.
Mukesh Ambani, Chairman of Reliance Industries, has called upon India's engineering talent to spearhead Jio's ambitious artificial intelligence initiative. He emphasized India's role as a creator and global leader in AI, not just a consumer, outlining the execution phase of Reliance Intelligence with partnerships and a focus on developing affordable, language-fluent AI for all Indians.
Indian para table tennis players Bhavina Patel, Prachi, and Sonalben have advanced to the semifinals of the Asian Para Games in Nagoya, guaranteeing at least three bronze medals for the country. Bhavina Patel won her Class 4-5 quarterfinal, Prachi secured a historic medal in Class 6, and Sonalben triumphed in Class 3, showcasing India's strong performance in the sport.
Following astronaut Shubhanshu Shukla's historic visit to the International Space Station, a significant surge in interest for space science careers is observed among Indian students. Srimathy Kesan of Space Kidz India highlights this shift from traditional fields like engineering and medicine, while Nobel laureate Didier Queloz emphasises the crucial role of curious young scientists in shaping the future.
His remarks come amid a debate over whether Tata Sons, the holding company of India's largest conglomerate Tata group, is required to go public.
Hindustan Aeronautics Limited (HAL) and Safran Aircraft Engines have signed a long-term agreement for the production and supply of turbine ring forgings for the CFM LEAP engine programme. This multi-year contract, signed at the Farnborough International Airshow, will see HAL manufacture critical superalloy components at its Bengaluru facility, enhancing India's capabilities in advanced aerospace manufacturing and expanding its presence in the international civil aerospace market.
Researchers at the Indian Institute of Technology (IIT), Guwahati, have developed an innovative nature-based wastewater treatment system utilising taro plants and an engineered "zig-zag flow" design. This low-energy, compact technology offers a promising solution for treating highly polluted swine wastewater in decentralised livestock farms, particularly in rural and resource-limited regions.
Luxury car buyers in India are spending lakhs -- and sometimes crores -- to make their cars truly their own, turning personalisation into a growing business opportunity for automakers.
State-run Hindustan Aeronautics Limited (HAL) has delivered LCA Tejas FOC twin-seater trainers and HTT-40 basic trainer aircraft to the Indian Air Force, and Dhruv Next Generation helicopters to Pawan Hans. This significant handover, attended by Defence Minister Rajnath Singh and Civil Aviation Minister K Rammohan Naidu, underscores India's progress towards self-reliance in aerospace, strengthening both military and civil aviation capabilities with indigenous platforms.
India's exports saw a significant increase of 26.12 per cent to USD 43.81 billion in August, leading to a narrowed trade deficit of USD 26.86 billion, driven by strong demand from key global markets and diverse sectors.
Korean auto major Hyundai plans to invest an additional Rs 4,000 crore in Maharashtra by 2030, aiming to nearly double capacity at its new Pune manufacturing plant to 320,000 units per annum in a phased manner, a top company executive said.
The Election Commission of India has commenced preparations for the upcoming assembly elections in five states, with senior officers visiting Uttarakhand and scheduled to visit Manipur and Punjab soon.
Researchers at the Indian Institute of Technology Bombay have developed an innovative, low-cost device capable of screening for anaemia and sickle cell disease using just a single drop of blood. This point-of-care approach measures blood smear length to detect differences in viscosity, which are indicative of these conditions. The patented device is designed for cost-effective manufacturing and ease of use, making it ideal for areas with limited access to conventional diagnostic laboratories. The technology is currently licensed to an IIT Bombay startup and is moving towards regulatory approval.
HCLTech, India's third-largest IT services company, reported robust Q2 revenue growth of 2.3 per cent in constant currency, driven by services and ER&D segments, with strong new deal wins of $3.3 billion and significant traction in its AI business. Despite exceeding margin estimates and raising revenue guidance, some brokerages remain cautious due to the stock's premium valuation compared to peers.
