Technology
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OpenAI Breach Fuels India’s Demand for Frontier AI Access
An OpenAI model breach accessing Hugging Face strengthens India’s push for direct access to frontier AI, crucial for national cyber defense.
US-Saudi Civil Nuclear Deal Signed: Congressional Review Pending
US and Saudi Arabia sign civil nuclear cooperation agreement, granting access to US nuclear tech. Deal awaits Congressional review amid proliferation concerns.
iPhone 17 Dominates Apple India Shipments (44%)
Apple’s iPhone 17 series captured 44% of India shipments in Q2 2026, outperforming other models despite market challenges, according to CyberMedia Research.
Tesla’s AI Focus Delays Cybercab, Semi Production Amid Financial Woes
Tesla shifts focus to AI and robotics, delaying Cybercab, Semi, and Megapack 3 production. Financial strain intensifies despite revenue growth.
Nippon Life India AMC Hits Record Q1 Profit, Market Share Soars
Nippon Life India Asset Management (NAM India) reports record Q1 FY27 profit of INR 5.04 billion, driven by significant AUM growth and a strengthened market position.
DSP MF Uses AI to Educate on Multi-Asset Funds
DSP Mutual Fund launches an AI-powered campaign to educate investors on Multi-Asset Allocation Funds, emphasizing long-term diversification and personalized insights.
India’s Own Bullet Train Signalling System: BTCS
India develops Bharat Train Control System (BTCS), an indigenous, cost-effective alternative to foreign tech for its high-speed rail network, boosting self-reliance.
MDR on UPI: Critics Fear Toll on India’s Digital Payments
Critics warn that reintroducing Merchant Discount Rate (MDR) on UPI transactions above ₹2,000 could undermine India’s zero-cost digital payment foundation, impacting ease of business.
SEBI’s Mutual Fund License Queue Grows to Nine
India’s mutual fund sector sees three new license applications in Q1 FY27, expanding SEBI’s approval queue to nine entities by June 30, 2026, signaling strong market confidence.
Amazon AGI Job Cuts: AI Strategy Realignment
Amazon’s AGI division undergoes job cuts and strategic realignment, focusing on high-value AI projects under new leadership.
DSP Mutual Fund: Master Multi-Asset Funds with New Campaign
DSP Mutual Fund’s new digital campaign educates investors on the long-term benefits of Multi Asset Allocation Funds, moving beyond short-term returns.
JioBlackRock Appoints Rajiv Chhabria as Chief Business Officer
JioBlackRock Mutual Fund appoints Rajiv Chhabria as Chief Business Officer, leveraging his 22 years of experience to drive commercial growth and digital innovation in India.
Piyush Goyal’s Europe Trip: India Boosts Trade & Tech Ties
Union Minister Piyush Goyal’s July 2026 Europe visit to Spain, Belgium, Finland, and Estonia strengthened India’s trade, investment, and technology partnerships, advancing FTA talks.
Temasek Expands India Investments to Industrials & AI
Singapore’s Temasek boosts India investments in industrials and AI, targeting significant growth despite global uncertainties. India remains a top-performing market.
GreenLine & Dabur India Partner for Greener Logistics
GreenLine Mobility Solutions partners with Dabur India to deploy LNG trucks, significantly reducing long-haul freight emissions and advancing sustainable supply chains in India.
Indo-MIM IPO: ₹3,811 Cr Mainboard Launch July 23
Engineering firm Indo-MIM’s mainboard IPO opens July 23-27, 2026, aiming to raise ₹3,811 Cr. Share price ₹461-₹485. Get details.
Bharat Forge Airship Deal & Prithvi Forex Card Launch
Bharat Forge partners with Flying Whales for India-made heavy-lift airships, boosting defence under Make in India. Prithvi Exchange launches premium forex card.
InMobi Eyes $1 Billion IPO, Appoints Four Investment Banks
Adtech giant InMobi is preparing for a potential $1 billion IPO in India, appointing JPMorgan Chase, Jefferies, Kotak Mahindra Capital, and Axis Capital to manage the offering.
SEBI Approves Carnelian Asset Management for Mutual Funds
Carnelian Asset Management receives SEBI approval to launch mutual fund schemes in India, expanding its services beyond portfolio management and entering the retail investment market.
Anant Raj Demerges Data Centre Arm into Ashok Cloud
Anant Raj Ltd to demerge its data centre and cloud operations into a new entity, Ashok Cloud Pvt Limited. Plans include significant expansion and capital investment in digital infrastructure.
Carnelian Asset Management Gets SEBI Approval for Mutual Funds
Carnelian Asset Management & Advisors receives SEBI approval to launch its mutual fund business, expanding investment access in India with diverse active and passive products.
IIT Delhi Launches 4th Tech Product Management Program
IIT Delhi’s CEP opens admissions for its 4th Executive Programme in Tech Product Management, empowering early-career professionals with essential digital product skills.
EduFund Launches Vittam: Financial Advisor Platform in India
EduFund unveils Vittam, a new financial distribution platform for Indian advisors, expanding services beyond mutual funds to include education, insurance, loans, and wealth management.
Accenture Appoints Pradeep Prabhala as India Lead, Focus on AI
Accenture names Pradeep Prabhala as India Market Unit Lead from Sept 1, 2026, driving AI-led transformation and growth in the region.
Pune DGM Loses ₹86 Lakhs in Fake Investment Scam
A retired Pune DGM lost ₹86 lakhs to a sophisticated online share trading and IPO scam. The victim was lured by promises of high returns and a fake SEBI certificate. Police are investigating.
Paras Defence Enters Semiconductors with ₹6,200 Cr Plant
Paras Defence invests ₹6,200 Cr in a new semiconductor unit, boosting India’s advanced manufacturing. Viviana Power Tech secures contracts, REC launches transmission subsidiary.
TVS Holdings Q1 Profit Soars 82%, WSFx Launches GlobalPay Connect
TVS Holdings reports an 82% Q1 profit surge and Rs 17,082.92 crore income. WSFx Global Pay launches GlobalPay Connect platform for forex dealers, FFMCs, and banks.
India’s Tractor Industry Slowdown: Monsoon’s Impact
India’s tractor industry faces a projected 1-4% growth in FY27 due to a high base and below-normal monsoon forecasts. Analysis of structural impacts on agricultural demand.
India’s Domestic Work Sector Digitizes: Gig Economy Booms
India’s domestic work sector is rapidly digitizing, with startups like Snabbit and Urban Company boosting worker pay and offering flexible gig economy jobs.
Top Stocks: Auto, Fintech, EV Movers – Maruti, Paytm, Ather
Discover today’s top stocks to watch: Maruti Suzuki, Paytm, and Ather Energy are making waves in auto, fintech, and EV sectors. Market insights inside.