The India AI Impact Summit 2026 saw investment pledges of USD 240 billion from major players like Reliance, Adani, Google, Lightspeed Ventures, and Tata, signalling a significant boost to India's AI infrastructure and development.
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.
Mukesh Ambani announced a 10 lakh crore investment by Reliance Industries to revolutionize artificial intelligence in India, focusing on building sovereign compute infrastructure and making AI accessible and affordable for all.
The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.
Air Chief Marshal A P Singh, the IAF chief, has strongly advocated for India to achieve greater self-reliance in unmanned aerial systems and other critical defence technologies, stating, "Technology delayed is technology denied." He stressed the importance of indigenous development to avoid dependency on other countries for components.
The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.
Gautam Adani emphasised the importance of energy security and digital infrastructure in shaping geopolitical power, urging India to develop sovereign capabilities across the AI value chain.
Aurionpro Solutions has secured a multi-year contract worth approximately Rs 350 crore to develop a large, AI-ready green data centre in southern India for a hyperscale operator.
...exceeding their 49,340 crore equity selloff.
Billionaire Mukesh Ambani's Reliance Industries Ltd may spend about $12-15 billion over the next few years on AI infrastructure that could include a giant 1GW data centre, Morgan Stanley said in a report. Ambani had at the company's annual shareholder meeting in August announced a major push into AI through a new subsidiary and strategic partnerships.
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'.
'We do have some concerns with the timeline being shortened from 18 to 12 months.'
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.
Indian artificial intelligence (AI) startup Sarvam launched two indigenous large language models (LLMs) specifically trained on Indian languages on Wednesday.
Country's startups are carving a unique path by prioritising local, application-led innovation over the global pursuit of scale.
Microsoft CEO Satya Nadella on Tuesday announced plans to invest $17.5 billion in India to help build infrastructure and sovereign capabilities for the country's AI-first future, marking the third major AI-driven investment in the country in the past two months. Microsoft said that the $17.5 billion (around Rs 1.58 lakh crore) investment builds on the $3 billion (around Rs 26,955 crore) funding announced earlier this year, which the company is on track to spend by the end of CY (calendar year) 2026.
'Perhaps unlike any previous era of software, this one requires a rethink in even the lifecycle of how we build.'
Lieutenant General Seth's involvement in the army's capability development and modernisation efforts is evident from the key appointments he has held in the Strategic Planning and Capability Development Directorates, including Colonel Capability Development for Mechanised Forces, Brigadier Perspective Plans and Acquisition, and Additional Director General Capability Development.
Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.
India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.
Google says its AI models are being used across sectors in India, from improving maternal health programmes and streamlining patient-care to supporting agri-tech solutions and advancing the country's sovereign AI efforts.
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.
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.
US-Indian space company Pixxel has partnered with Bengaluru-based artificial intelligence firm Sarvam to build an orbital data centre satellite.
The country's largest IT services firm Tata Consultancy Services on Wednesday outlined an aggressive plan to become the "world's largest AI-led technology services company" as CEO K Krithivasan shared that the company has logged about $1.5 billion in annualised revenue.
Sarvam's LLM will have more than 17 trillion tokens with 17 to 20 per cent coming from Indian data
India has rejected allegations of human rights violations for the second time in three days, emphasising its constitutional values of justice, liberty, and freedom of expression. The remarks were made by Sibi George, Secretary (West) in the Ministry of External Affairs, in response to questions from a Norwegian journalist.
India is growing fast, but to keep growing strong, the government must make more things at home, create jobs, and spend money wisely, suggests Rajiv Memani, regional managing partner, Africa-India Region, EY.
The Sri Lankan government attributes the sharp depreciation of the rupee against the US dollar to the ongoing conflict in West Asia, citing increased costs for essential imports like gas, fertiliser, and oil.
Earlier, most investors counted on traditional options like fixed deposits, gold, or property. But in 2026, you will have access to a much wider range of opportunities across different markets and sectors.
Global cybersecurity firm Kaspersky plans to significantly increase its investments in India, leveraging the country as a hub for regional services due to strong financial performance and the escalating threat landscape.
India has reiterated its commitment to human rights and democracy following criticism from a Norwegian newspaper commentator during Prime Minister Modi's visit to Norway.
Andhra Pradesh has launched India's first quantum reference facility, aiming to build a sovereign hardware ecosystem and boost indigenous manufacturing of advanced computing systems.
'India may never fully participate in the AI hype cycle, but we can position ourselves to benefit from its inevitable disenchantment and the cycle of disillusionment,' alerts Akash Prakash.
The government plans to expand its central bank digital currency (CBDC)-based food subsidy programme to Chandigarh, Dadra and Nagar Haveli, and Daman and Diu by June, following its implementation on a pilot basis in Gujarat and Puducherry, official sources said.
India has strongly condemned Pakistan's air strikes within Afghan territory, emphasising the need to respect Afghanistan's sovereignty and territorial integrity following civilian casualties and infrastructure damage.
Schools in Delhi are taking precautionary measures to protect students from the ongoing heatwave, including suspending outdoor activities, shifting assemblies indoors, and considering early closure for junior classes.
Andhra Pradesh is set to launch India's first indigenously built, open-access quantum computers, marking a significant step towards building a sovereign quantum hardware ecosystem. The initiative aims to position the state as a global hub for quantum technology and enable applications in various sectors.
The Iran conflict led to a sharp correction in Reliance Industries Ltd's (RIL's) share price, which has been partially reversed by a rebound.
