Jio Platforms managing director Akash Ambani announced plans for Jio to develop a sovereign Low Earth Orbit (LEO) satellite constellation and partner with global providers to extend connectivity to remote areas of India, aiming to strengthen India's self-reliance in space.
HCLTech, India's third-largest IT services company, announced plans to establish a global technology centre and an AI-optimised data centre in Bhubaneswar, Odisha, with a total investment of approximately Rs 15,000 crore, marking its entry into the AI infrastructure business.
Marine war-risk premiums for West Asian shipping routes, particularly the Red Sea corridor, have surged by as much as 200 per cent due to renewed geopolitical tensions, with some high-risk transits seeing increases of over 1,000 per cent, according to industry brokers.
Temasek is exploring investment opportunities in India's booming IPL cricket league, a senior executive told Reuters, making the Singapore state investor the latest player to target one of the world's richest sports tournaments.
Malaysia's Sepang circuit will host the rescheduled 'Gulf Air Bahrain Grand Prix in Malaysia' on October 4, Formula One announced, stepping in after the original April races in Bahrain and Saudi Arabia were cancelled due to the Iran war and Middle East situation.
The Cockroach Janta Party (CJP) has expressed readiness to engage in talks with the government regarding ongoing protests over alleged irregularities in competitive examinations. However, the CJP insists that any discussions must occur at a neutral venue, not a minister's residence, and that the government must genuinely address their demands, which include the resignation of the Union Education Minister and compensation for affected students.
Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.
Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.
'With this deal, we may see even 50 launches a year within the next few years.'
Long-duration bonds allow investors to match investment tenure with long-term liabilities and also stabilise their long-duration portfolios.
Several explosions were reported in Damascus, Syria, on Tuesday, with two occurring near a hotel where French President Emmanuel Macron was expected to stay during his first official visit to the country. The blasts caused plumes of smoke but no immediate casualties were reported. This incident follows a recent bomb blast in central Damascus on July 3 that killed five people.
ICICI Bank has successfully raised $1 billion through a five-year senior unsecured US dollar bond, marking its first public dollar bond issuance since 2017 and the largest single-tranche US dollar bond issuance by an Indian issuer so far this year.
Bharti Airtel is strategically shifting its focus towards data centres, cloud services, and financial services as key drivers for its next phase of growth, leveraging significant past investments in digital infrastructure, as outlined by Chairman Sunil Mittal in the company's Annual Report for 2025-26.
Justice Atul Sreedharan of the Allahabad High Court has made strong observations on systemic corruption in India, suggesting the death penalty for offences under the Prevention of Corruption Act. He criticised the alleged embezzlement of donations at the Ram temple and the Uttar Pradesh government's "bulldozer actions," highlighting the normalisation of corruption and the state's complicity in unauthorised constructions.
Sarvam AI, an Indian full-stack sovereign artificial intelligence company, has achieved unicorn status after raising $234 million in a Series B funding round led by HCLTech and Bessemer Venture Partners, with HCLTech acquiring a 10.46 per cent stake.
'It shows that access to these technologies cannot be taken for granted.'
'The Indian private space sector is no longer a high-risk bet; it is a highly bankable, globally competitive asset class capable of easing the global small satellite launch bottleneck.'
A senior US official has warned against the weaponisation of digital and artificial intelligence sovereignty by political voices, urging nations to avoid costly re-invention of existing technology. The official highlighted the economic dangers of rebuilding entire tech stacks and emphasised India's crucial role as an indispensable partner in global technological leadership due to its engineering talent and innovation ecosystem.
Global technology giant Google has announced the selection of 20 Indian AI startups for its 2026 Google for Startups Accelerator programme, marking the 10th anniversary of its accelerator initiatives.
'The order has no practical effect unless and until he chooses to enter Singapore.'
Indian companies LTM and Mastek announced new international partnerships for cloud, AI, and digital transformation. Jio BlackRock AMC launched a new hybrid fund. NMIMS partnered with Coursera for AI-enabled learning, and MakeMyTrip Foundation rebuilt a flood-damaged school in Manali.
...exceeding their 49,340 crore equity selloff.
Solicitor General Tushar Mehta elaborated on the origins of Hindu law, stating it emanates from the 'Smritis' and highlighting the two prominent schools of thought, Mitakshara and Dayabhaga. He emphasised the dynamic interpretation possible within Hindu legal texts and the foresight of ancient scholars in formulating concepts like prohibited relationships.
Nebex, founded by former Axiom Space executives, aims to build commercial infrastructure for the global space economy.
IT major Tech Mahindra reported a 28.4 per cent increase in consolidated net profit for the June quarter, reaching Rs 1,465 crore, driven by broad-based growth across manufacturing and financial services, and expressed confidence in a positive demand environment for the rest of the year.
Dr Lovi Raj Gupta, pro vice-chancellor, Lovely Professional University, explains how aspiring professionals can equip themselves for a competitive AI-driven job market.
A sovereign cloud, our own DNS root and Root CA, a defence-led research base that builds for keeps, and a real national cybersecurity strategy that outlives electoral cycles are not vanity projects. They are the difference between a nation that can be switched off and one that cannot, points out Venkata Satish Guttula.
The United States has launched a fresh wave of precision strikes, hitting approximately 90 Iranian military targets deep inside Iran, further intensifying a rapidly expanding regional conflict, with Tehran warning of severe retaliation.
Jio Platforms Ltd, the digital services arm of Reliance Industries, has filed draft papers for an initial public offering (IPO) aiming to raise approximately USD 4 billion (about Rs 37,700 crore), which is expected to be India's largest ever IPO.
The Indian corporate bond market witnessed a significant surge, with companies raising nearly Rs 16,000 crore in a single day, primarily led by state-owned financial institutions and NBFCs. This strong momentum, driven by improved borrowing conditions and investor confidence, is expected to persist.
Elon Musk's Starlink is in "active and productive discussions" with the Indian government, awaiting final regulatory clearance, including spectrum allocation, to launch its satellite internet services, despite media reports suggesting a freeze on approvals.
The Allahabad High Court has ruled that the Places of Worship (Special Provisions) Act, 1991, prohibits only the conversion of religious character but does not prevent the state from acquiring such properties for secular and public purposes. This observation came while dismissing a petition challenging the widening and beautification of the Dalmandi area in Varanasi for the Shri Kashi Vishwanath Dham corridor, which involved the proposed demolition of six ancient mosques.
Russian President Vladimir Putin asserted that any attempts to undermine India's sovereignty through 'threats of sanctions' would 'boomerang immediately' under Prime Minister Narendra Modi's leadership, highlighting India's sovereign decision-making and strong national interests.
Three unidentified individuals broke into an elderly man's home in Mullakkara, Thrissur, tying him up and stealing gold ornaments worth Rs 49.5 lakh and Rs 50,000 in cash. The police have launched an investigation, examining CCTV footage and tracking vehicles near the National Highway.
India's finance ministry anticipates inflation will remain relatively contained in the coming months, supported by a correction in crude oil prices and softening input costs following the cessation of the West Asia conflict, despite earlier spikes in wholesale and retail inflation.
The sovereign AI park will be a first-of-its-kind, purpose-built district in India, integrating AI compute infrastructure, secure data frameworks, model research labs, and AI innovation clusters, along with a dedicated institute for AI in governance.
The Indian Army has removed several colonial-era vestiges from its dress regulations, the mandatory carriage of swords by Reviewing Officers, and the use of pouch belts with certain mess dresses. It has also dropped the use of archaic terminology such as "Royal".
US Secretary of State Marco Rubio on Friday (local time) announced a US-mediated framework agreement between Israel and Lebanon aimed at achieving "lasting peace and security".
Ghana midfielder Thomas Partey was denied entry into Canada for a FIFA World Cup qualifier against Panama due to ongoing criminal proceedings in the UK, where he faces rape and sexual assault charges. Canada's Federal High Court upheld the visa refusal, despite Ghana's government calling the decision "extremely unfair" and questioning the reliance on unproven allegations.
For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.
