Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.
Google CEO Sundar Pichai on Wednesday said India is poised for an "extraordinary trajectory" in artificial intelligence and emphasised the company's commitment to partnering in the country's AI transformation.
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.
Maharashtra Deputy Chief Minister Sunetra Pawar has mandated a uniform policy for all sports grounds in the state, focusing on modern sanitation, separate changing rooms, and CCTV surveillance to ensure the safety and enhance the performance of women athletes. This directive aims to strengthen the sports ecosystem and encourage greater participation from women.
Indian drone startup Garuda Aerospace has partnered with Extensee SAS to deploy Airbus' Flexrotor unmanned aerial vehicles internationally. This collaboration aims to leverage Extensee's operational expertise for various long-range autonomous missions, expanding Garuda Aerospace's Drone-as-a-Service offerings globally.
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'.
'A prime hire can have a salary as high as Rs 11 lakh at the entry level and above.'
The Indian Institute of Technology Kharagpur has announced the launch of a new school dedicated to digital learning, applied artificial intelligence, and machine learning, supported by a significant philanthropic commitment.
N Chandrasekaran, chairman of Tata Consumer Products (TCPL), stated that India continues to experience credible economic growth, driven by strong demographic fundamentals and accelerating digital public infrastructure, despite a fragmented global landscape.
'The reality is that every one of us will be pushed to learn and relearn faster than ever before. Some people will rise to that challenge. Some may not. But the opportunity itself is massive,' says Noshir Kaka, senior partner, McKinsey.
India has condemned an attack on Kuwait International Airport, which resulted in the death of one Indian national and injuries to several others. The Ministry of External Affairs reiterated its call for an end to targeting civilian populations and infrastructure, while the Indian mission in Kuwait provides assistance to affected nationals.
A new study projects that by 2100, only 38% of the world's population will reside in large cities, a significant reduction from previous estimates. This revised projection is based on a newly discovered urban life cycle, where the growth rate of large cities slows down as countries become more urbanised, contrasting with the rapid growth seen in less urbanised regions. The research highlights the importance of understanding these dynamics for future infrastructure and climate adaptation planning.
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.
Fintech platform Decentro has received final approval for a Payment Service Provider (PSP) licence from the IFSCA at GIFT City, enhancing its cross-border payment capabilities.
'When a technology is this fundamental, a country should have its own version of it, rather than relying on whether someone else chooses to build it for you.'
A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.
Chennai-based deep-tech startup The ePlane Company has successfully completed the assembly of its full-scale electric air taxi, the e200X. This prototype, designated PT-01, is now ready for ground testing, marking a significant step towards flight testing and eventual type certification. The versatile e200X is designed for passenger air taxi services, urban cargo transport, and air ambulance operations, aiming to leverage existing city infrastructure.
Union Minister Ashwini Vaishnaw announced that two more semiconductor chip packaging units, part of the India Semiconductor Mission, are expected to be operational by July and December, respectively. He also highlighted India's focus on becoming a beneficiary of AI technology, expanding data centre infrastructure with significant investments, and developing new subsea cable networks for global connectivity.
Union Health Minister J P Nadda has launched the Unified Health Interface (UHI), an interoperable digital network under the Ayushman Bharat Digital Mission (ABDM). UHI aims to connect patients and healthcare providers across various digital platforms, addressing fragmentation in India's digital health ecosystem and improving access to verified services, especially in rural areas.
IIT Bhubaneswar researchers have developed 'ArsenSafe', a portable, low-cost device for rapid, on-site detection of arsenic in drinking water. This innovation aims to address the critical public health challenge of arsenic contamination in groundwater, offering a solution that doesn't require laboratory infrastructure.
India's indigenous Dilution Refrigerator, developed by AQV, has successfully reached four Kelvin (-269C) at the Quantum Reference Facility in Amaravati, marking a significant milestone in the country's quantum technology development and cryogenic engineering capabilities.
Seven policemen were injured in a drone strike by unidentified militants on their convoy in Pakistan's Khyber Pakhtunkhwa province. The attack occurred during an anti-militant operation, and security forces have launched a search. The government often blames the banned Tehreek-e-Taliban Pakistan for such incidents.
Seven policemen were injured in a drone strike by unidentified militants on their convoy in Pakistan's Khyber Pakhtunkhwa province. The attack occurred during an anti-militant operation, and security forces have launched a search. The government often blames the banned Tehreek-e-Taliban Pakistan for such incidents.
French President Emmanuel Macron announced that India and France will collaborate to develop an artificial intelligence framework that combines innovation with responsibility and technology with humanity, addressing the need for inclusive digital tools amid rising geopolitical tensions.
Haryana Sports Minister Gaurav Gautam announced that the state has appointed 33 sportspersons to coaching positions within the last month. These new coaches are expected to play a crucial role in identifying and nurturing grassroots talent to prepare athletes for future international competitions, including the 2036 Olympics. The state also highlighted its sports policy, which includes job reservations for outstanding sportspersons.
Karnataka Chief Minister Siddaramaiah emphasized the importance of ethical AI usage, intellectual property protection, and fair compensation in the AVGC-XR sector, advocating for AI to enhance human creativity rather than replace artists.
Sports Minister Mansukh Mandaviya will visit Meghalaya to review preparations for the 39th National Games and inaugurate a sports complex in Shillong.
Punjab Police's State Special Operations Cell (SSOC) in Mohali has arrested two individuals linked to a foreign-based terror operative and recovered a fully assembled RDX-based Improvised Explosive Device (IED), thwarting a major terror conspiracy.
Sports Minister Mansukh Mandaviya will visit Meghalaya to review preparations for the 39th National Games and inaugurate a sports complex.
The Indian Sports Ministry, led by Minister Manuskh Mandaviya, is establishing a dedicated Task Force to explore the revival of Formula One racing in India. This initiative follows a meeting with key stakeholders, aiming to assess the challenges and benefits of hosting major motorsport events, with a target of bringing F1 back by 2028. The Task Force will recommend a comprehensive policy framework to support motorsports growth, leveraging India's significant F1 fanbase.
Union Minister Raksha Khadse has encouraged sportspersons to strive for excellence, highlighting the government's focus on strengthening sports infrastructure and supporting athletes through initiatives like Khelo India.
Srinagar Police have attached movable and immovable properties worth over Rs 4 crore belonging to alleged drug traffickers under the NDPS Act, as part of the 'Nasha Mukt Jammu and Kashmir Abhiyaan', aiming to dismantle narcotics networks.
The Enforcement Directorate (ED) has arrested four promoters of Earth Infrastructures Ltd in connection with a money laundering probe into an alleged Rs 2,004-crore homebuyer fraud that affected more than 19,000 buyers and investors.
Kumar Mangalam Birla urged young people to 'build in India, build for India and build for the world'.
Mumbai Police have registered a second FIR against a construction company for allegedly blocking the Kalina-BKC Link Road with cranes and materials. The fresh case, filed under the Bharatiya Nyay Sanhita, names the project manager and administrative head, following a previous penalty by MMRDA and viral videos of the obstruction.
Indian researchers from ICMR-National Institute for Research on Women's Health and IIT Bombay have developed an indigenous "placenta-on-chip" platform. This microphysiological system mimics the human placental barrier, reproducing essential functions like hormone production and nutrient transfer. It offers a simple, scalable tool for studying placental biology, pregnancy complications, and drug effects, aiming to reduce reliance on animal experimentation.
S&P Global Ratings projects India's economic growth to slow to 6.6 per cent in FY27, down from 7.7 per cent in FY26, citing energy stress and a potential sub-par monsoon.
Onestruction Inc and DataKaveri Systems have signed an MoU to establish a framework for strategic and technical collaboration in urban and built environment data exchange.
Indian Ambassador to Kuwait, Paramita Tripathi, visited Indian nationals injured in a recent attack on Kuwait International Airport, assuring them of embassy support. The attack, which occurred amidst escalating Iran-US hostilities, resulted in one Indian fatality and 13 injuries, with four still hospitalised. India has condemned the violence and called for an end to civilian targeting.
India has always led in developer talent and now has a strong opportunity to lead in AI talent, OpenAI Global Chief Strategy Officer (CSO) Jason Kwon said on Thursday as the ChatGPT-maker launched OpenAI Academy in partnership with IndiaAI Mission.
