Technology
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UPI Dominates India’s Digital Payments, Cards Decline
UPI’s record 77.3% share drives India’s digital merchant payments up 19.6% in July, while credit and debit cards see significant market share decline.

Temple Acquires Longevous for UK Expansion & Wearable Launch
Deepinder Goyal’s health-tech venture, Temple, acquires UK’s Longevous to boost medical expertise for its innovative wearable device launch.

Atomberg Files DRHP for Rs 450 Cr, Eyes Diversification
Atomberg Technologies files DRHP to raise Rs 450 crore, strategically expanding its product range beyond ceiling fans into new consumer durables.

IndiGo Ventures Invests in Sarvam AI for Aviation Solutions
IndiGo Ventures deepens partnership with Sarvam AI through Series B funding, focusing on sovereign AI solutions for aviation operations and customer experience.

India’s Energy Storage Awards Drop 65% Despite Deployment
India’s energy storage project awards fell 65% and tendering dropped 26% from April-July FY27, even as deployment accelerated. Discover the trends.

H-1B Grace Period Review: Impact on Tech Professionals
White House concludes H-1B grace period review. Potential elimination risks immediate departure for Indian tech professionals post-job loss.

Infosys CEO Lax Gopisetty Missing After Nepal Floods
Infosys Public Services CEO Lax Gopisetty is unreachable following devastating floods in Nepal. The company is working with agencies to ensure his safety.

CXMT Revenue Skyrockets 10x Amidst Global Memory Shortage
Chinese chipmaker CXMT reports a nearly tenfold revenue increase in H1 2026, driven by DRAM shortages and AI demand, signaling a major market shift.

Trump Orders US Space Academy for Mars Missions
President Trump establishes US Space Academy to train personnel for Space Force and commercial space, targeting lunar and Mars exploration by 2028.

Apple iPhone Launch Split: Base Models Spring 2027?
Apple may split iPhone launches: Pro models in Sept 2026, base models like iPhone 18 in Spring 2027 for focused marketing. Explore the potential shift.

FIDC Challenges RBI Revolving Credit Rules for NBFCs
India’s FIDC urges RBI to reconsider proposed revolving credit restrictions for NBFCs, highlighting their importance for small businesses and working capital.

TVS Motor Appoints Peyman Kargar CEO for Global Expansion
TVS Motor Company appoints Peyman Kargar as new CEO from Jan 2027, focusing on accelerating global growth and international expansion.

Mahindra BaaS: Affordable eSUVs for Indian Shoppers
Mahindra expands its Battery-as-a-Service model across all eSUVs, significantly lowering upfront costs and making electric vehicles more accessible for Indian buyers.

Andhra Pradesh: Speed, Service Drive Investment & Tech Growth
Andhra Pradesh prioritizes efficiency, stable policies, and emerging tech like space & quantum to attract investment and foster economic growth.

Purple Style Labs Eyes ₹680 Cr IPO for Luxury Fashion Expansion
Purple Style Labs, parent of Pernia’s Pop-Up Shop, plans a ₹680 crore IPO to drive expansion and tap into India’s booming luxury fashion market.

India’s Bond Market: Nikhil Aggarwal on Future Trends
Nikhil Aggarwal of Grip Invest shares insights on India’s evolving bond market and the future of fixed-income investing, highlighting key trends and Grip Invest’s role.

Mahindra BaaS Now Covers All Electric Origin SUVs
Mahindra expands its Battery-as-a-Service (BaaS) to its entire Electric Origin SUV range, lowering EV costs with dual financing for BE 6 SPORTEQ, XEV 9S, and XEV 9e.

Wall Street Futures Mixed Ahead of Fed’s Jackson Hole Speech
Wall Street futures are mixed as investors await Federal Reserve Chair Kevin Warsh’s Jackson Hole speech for insights on economic outlook and interest rates.

IndiGo Ventures Invests in Sarvam for Aviation AI in India
IndiGo Ventures invests in Indian firm Sarvam to advance AI applications in the aviation sector, driving technological modernization in air travel.

India & Vietnam: Mobile Manufacturing’s New Frontiers
India and Vietnam are diversifying global mobile manufacturing beyond China with unique strategies, focusing on domestic supply chains and R&D.

ESDS IPO Faces Revenue Hit from Gazprombank Sanctions
ESDS’ ₹720 Cr IPO faces headwinds as its largest client, Gazprombank, sees revenue contribution plummet due to international sanctions.

PayPal Stock Drops 16% After $50 Billion Bid Withdrawal
PayPal shares fell 16% after Advent International and Stripe withdrew their $50 billion takeover bid, citing an insufficient offer. Explore the impact on PayPal’s market value.

Waaree Wins 291 MWp Solar-BESS EPC Project in India
Waaree Renewable Technologies secures a major 291 MWp solar PV and 280 MWh BESS EPC project in India, strengthening its position in the renewable energy sector.

Mahle Eyes $400M India IPO Revival
German auto supplier Mahle is reportedly reviving its India IPO plans, aiming to raise up to $400 million in Mumbai to fuel its growth strategy.

IT Stocks Boost Indian Equities, Ending Losing Streak
Indian stock markets Sensex and Nifty closed higher on Friday, driven by strong IT stock performance and positive global cues, snapping a two-day losing streak.

India-Canada Trade Pact by 2026, UPI Integration Boost
India and Canada target a 2026-end deadline for their Comprehensive Economic Partnership Agreement, aiming to boost trade and integrate India’s UPI for seamless cross-border payments.

NRI Pensioners: DoPPW Offers Life Certificate Alternatives
Indian pensioners abroad face life certificate hurdles. DoPPW introduces alternative submission methods to overcome digital and biometric challenges.

AI for India Nonprofits: Path to Unicorn Status
Agentic AI like Claude Code is transforming India’s nonprofit sector, cutting costs and creating ‘nonprofit unicorns’ through digital infrastructure.

Tech Mahindra & Uniphore Partner for Agentic AI Solutions
Tech Mahindra and Uniphore unite to co-build and deliver agentic AI solutions, accelerating AI adoption for global enterprises with Uniphore’s BAIC platform.

Indian IT Stocks Soar on Nvidia AI Optimism
Indian IT stocks surge over 3% as Nifty IT index climbs, driven by Nvidia’s strong earnings and optimistic AI revenue forecast. See top gainers.