Amagi founders transform broadcasting through cloud innovation, enabling targeted ads, scalable streaming, and global content monetisation. Subramanian traces their beginnings to the Government College of Technology, Coimbatore, and early careers at Texas Instruments India, where exposure to large-scale systems sparked curiosity about broadcast technology..... More https://bit.ly/4x4PScU Via entrepreneur.com  

Experts say India could become important hub for physical AI services, but only if companies go beyond basic data collection and build higher-value capabilities in robotics, simulation, infrastructure India became the world's back office during the IT and business process outsourcing (BPO) boom in the late 90s and early 2000s. Then came the knowledge process outsourcing (KPO) era in the 2010s. After that, the country became a strategic hub for mu…

  The Mumbai facility combines proprietary creation software, real-time evaluation data capture, and advanced compounding technologies, enabling end-to-end fragrance design, testing, and refinement Hindustan Unilever Limited on Tuesday inaugurated a new Unilever Fragrance Hub (UFH) at the IIT Bombay campus in Mumbai, making India the third country after the UK and the United States to host such a facility under Unilever's global fragrance in…

·       India may roll-back Scotch duty cuts if UK doesn’t sort out steel restrictions https://bit.ly/4dYK0JN ·       Coca-Cola’s Indian bottling unit targets potential stock market debut in 2027 https://bit.ly/4x0cN9g ·       Wipro raises Aggne Global holding to 80% with $28.5 million investment https://bit.ly/4uLiir6 &middo…

Balu Forge Industries will manufacture 155 mm artillery shells at its Belgaum facility using a fully automated production line.   Balu Forge Industries has secured an initial order to supply 30,000 units of 152 mm artillery shells to a major Indian energetics company. The company said in its regulatory filing that Supplies for this strategic order are scheduled to begin in June..... More financialexpress.com Via https://bit.ly/4u3z…

UPI transactions touched a record ₹29.90 trillion in May while volumes rose to an all-time high of 23.20 billion, underscoring the continued expansion of India's digital payments ecosystem. Unified Payments Interface (UPI) transactions posted a record value and volume during May, with the value rising 3 per cent to ₹29.90 trillion from ₹29.03 trillion in April. During the period under review, volume also grew to 23.20 billion, up 4 per cent…

  PMI rose to 55.0 in May from April's 54.7, higher than a preliminary estimate of ‌54.3 India's manufacturing sector expanded at its fastest pace in three months in May ​on sustained demand even as cost pressures were among ‌the most intense in nearly four years and ​business optimism softened to its lowest since ⁠February, a survey showed on Monday...... More https://bit.ly/4ubx1dE Via business-standard.com

·       Interim trade deal: US may offer to lock-in India’s tariffs to insulate from Section 301 penalties https://bit.ly/4vjIgl8 ·       PM Modi's appeal working? Gold demand drops 70% after duty hike, rising costs https://bit.ly/4u4QqNi ·       India's wealth explosion: $2 trillion opportunity banks can't afford to miss https://b…

The Philippines, which signed a contract worth nearly $ 375 million in 2022, was the first foreign buyer of the BrahMos missile system from India Defence Secretary Rajesh Kumar Singh said on Saturday that he understood a BrahMos missile deal with Vietnam had already been signed, though it was probably yet to be publicly announced, while a similar pact involving Indonesia was in the final stages...... More https://bit.ly/4vc9mL8 Via business-…

  The move is aimed at partially addressing domestic gas shortage exacerbated by the ongoing global fuel crisis. NLC India Ltd (NLCIL) and Reliance Industries Ltd will jointly explore developing an underground lignite gasification project in Gujarat as part of efforts to augment domestic gasified fuel supplies amid the global fuel crunch, sources said.....

Meet Shiva Dhawan, Co-Founder & CEO, and Rishabjit Singh, Co-Founder & CTO, of Attentive.ai, a company focused on bringing AI directly into the day-to-day reality of preconstruction. Preconstruction is where projects are won or lost. Before a single shovel hits the ground, teams are already deep in drawings, takeoffs, and estimates, racing against tight timelines to put together competitive bids. It’s detailed work. It’s time-…

  The proposed facility in Odisha will manufacture advanced packaging glass-core substrates and is expected to generate 1,800 high-skill jobs over the next five to six years Chip major Intel on Friday signed a pact with 3D Glass Solutions (3DGS) and the Odisha government to set up a $3.3 billion advanced packaging glass-core substrate manufacturing facility in the Bhubaneswar-Khurda region, officials said.... More https://bit.ly/49wM…

Tesla has cut the entry price of its India portfolio by nearly ₹9 lakh making it the company’s cheapest offering in the country while bringing it closer to rivals such as the BMW iX1 LWB and BYD Sealion Tesla has cut the entry price of its India portfolio by nearly ₹9 lakh with the launch of the new Model Y Rear-Wheel Drive Premium at ₹50.89 lakh (ex-showroom). This makes it the cheapest Tesla currently on sale in the country and sign…

Ashok Leyland is also moving ahead with plans to establish a manufacturing facility in Saudi Arabia, with approvals already received and production expected to begin within the next 18 to 24 months Commercial vehicle major Ashok Leyland said operations at its Ras Al Khaimah (RAK) facility in the UAE are gradually returning to normalcy after disruptions caused by the West Asia crisis, while the company advances plans to establish a manufacturing f…

CMR Green Technologies is entirely an offer-for-sale (OFS) of up to 3,28,58,323 equity shares from promoters and other shareholders. CMR Green Technologies is set to open its initial public offering (IPO) on Wednesday, June 03. The company shall be offering its shares in the range of Rs 182 to Rs 192. Investors can apply for a minimum of 78 equity shares and its multiples thereafter. The issue shall close for bidding on Friday, June 05.... More&n…

  Platform explores non-aviation applications within India’s broader digital public infrastructure ecosystem India’s decentralised digital identity platform, Digi Yatra, is eyeing a bigger role beyond the aviation space as a reusable identity layer for secure verification and seamless access across multiple sectors over time......  

·       India, Korea acknowledge need to address widening trade deficit in CEPA talks https://bit.ly/43BiFIE ·       India’s engineering goods exports rise 8.8% in April despite fall in shipments to UAE, Saudi Arabia https://bit.ly/4uGkiRp ·       Tata vs L&T vs Bharat Forge: Race to build India’s 5th-generation fighter j…

Bharti Enterprises was seeking to potentially increase its stake in BT to just under the threshold that would require it to make a full ​takeover offer for the British telecoms group The British government will oppose any attempt from Indian ​billionaire Sunil Bharti Mittal to ​increase his stake in telecoms group ‌BT, citing the need to maintain sovereign control over "critical national infrastructure", the Financial Times reported on…

Bharti Enterprises was seeking to potentially increase its stake in BT to just under the threshold that would require it to make a full ​takeover offer for the British telecoms group The British government will oppose any attempt from Indian ​billionaire Sunil Bharti Mittal to ​increase his stake in telecoms group ‌BT, citing the need to maintain sovereign control over "critical national infrastructure", the Financial Times reported on…

Ola Electric currently manufactures cylindrical cells for automobiles and battery energy storage systems. Bhavish Aggarwal-led Ola Electric is developing lithium-ion prismatic cells for the company’s grid energy storage product, Mahashakti. “We are also working on a prismatic cell, which will be out soon. We haven't yet released details of that,” Aggarwal said during the company’s Q4 FY26 earnings conference call.... More&…

  TCS will help SKF create connected operating model, combining centralised, AI-enabled systems and harmonised processes Tata Consultancy Services partnered with Swedish industrial manufacturer SKF to rollout a next-generation enterprise resource planning (ERP) platform.... More https://bit.ly/4dBIDBQ Via thehindubusinessline.com

·       Govt nudges Tata Group to keep house in order https://bit.ly/4u56GOd ·       SC upholds retrospective 28% GST on online gaming cos https://bit.ly/43xqI9h ·       TCS signs multi-million dollar deal with SKF for AI-led manufacturing business https://bit.ly/4dBIDBQ ·       Tata Sons-funded MedTh…

A report by Avendus Capital estimates that India's data centre capacity will grow at a compound annual growth rate of 26% over the next five years, driven by AI infrastructure demand Rising adoption of artificial intelligence (AI) could drive the deployment of 650,000-700,000 graphics processing units (GPUs) in India’s data centres over the next five years, creating a $23 billion investment opportunity, according to a report by Avendus Capi…

Without intervention, ACs are projected to account for more than one-third of India's evening peak load, 120 GW by 2030 and 180 GW by 2035 India installs between one and 1.5 crore air conditioners every year, two to three times the rate of just a few years ago. Each unit consumes 100 to 150 times the electricity of an LED bulb. And without policy intervention, the country is on course for power shortages as early as 2028..... More https://bi…

  These pipes will replace imported seamless pipes in offshore oil, gas, and wind projects, improving supply security, cost efficiency, and delivery timelines for India’s engineering sector ArcelorMittal Nippon Steel India has become the first steel company in the world to produce the highest strength welded pipes (EQ70 grade) used in marine engineering projects, with certification from the American Bureau of Shipping.....

·       India, US sign critical minerals framework to deepen cooperation; protect against `coercive practices’ https://bit.ly/4dyOMib ·       Quad to mobilise $20 bn to strengthen critical minerals supply chain https://bit.ly/4durrhu ·       India and Canada to conclude Cepa by November, says Piyush Goyal https://bit.ly/4dOxEDK &mi…

  The framework on securing supplies of mining and processing of critical minerals was signed on the sidelines of the Quad foreign ministers' meeting in New Delhi. India and the US on Tuesday firmed up a key framework for cooperation in ensuring steady supplies of critical minerals, a move that comes amid growing concerns over China's export controls on rare earth elements and strategic metals vital for global technology supply chains.....

·       US hopes to clinch trade deal soon but India wants tariff clarity https://bit.ly/4e48m5T ·       Challenges to the economy are more externally driven: FM https://bit.ly/3RtugXy ·       'India cannot afford fear-mongering': FM Sitharaman says economy is robust. Here's the proof https://bit.ly/49nLLyC ·   &nbs…

  Move follows lessons drawn from West Asia crisis, Russia-Ukraine war, and Pakistan's decision to raise Army Rocket Force Command   India could witness a boost in its ability to produce conventionally armed ballistic missiles and long-range air-to-air weapons meant to shoot down adversary fighter aircraft, with the Defence Research and Development Organisation (DRDO) likely to bring domestic private companies on board as product…

India’s geothermal energy potential remains underexplored, but estimates suggest significant long-term possibilities. Potential geothermal power generation capacity of around 10 GW or more.   India’s clean energy ambitions have largely revolved around solar, wind, hydro and green hydrogen. But deep beneath the Himalayan terrain, another renewable resource is beginning to attract attention — geothermal energy.....   Mor…

  As India battles rising crude-import dependence and prepares for tighter CAFE III fuel-efficiency norms, Toyota says the country may need to rethink its flex-fuel strategy using Brazil’s customer-first ethanol model, arguing that consumer savings, not technology alone, helped Brazil build one of the world’s largest flex-fuel vehicle ecosystems As rising crude volatility, geopolitical tensions in West Asia and tighter CAFE III f…

·       PMO tells Ministries to find ways to save fuel, forex amid West Asia crisis https://bit.ly/4a6cJee ·       India can count on me, says Trump https://bit.ly/4v6zZ3U ·       Iran signals Hormuz reopening: 'Shipping traffic will return to pre-war levels within...' https://bit.ly/4wMG8UL ·       U…

Before founding EUME, Naina built a strong foundation in luxury brand management. For many modern travellers, comfort often comes at the cost of style. Bags that are functional tend to look utilitarian, while stylish ones rarely solve everyday travel challenges. This gap frustrated Naina Parekh early on. “I noticed travellers were compromising between aesthetics and practicality, and there was a real opportunity to rethink what travel essen…

JSW Group Chairman Sajjan Jindal said the impact of the ongoing Middle East conflict on India’s industrial growth would remain temporary and unlikely to last beyond two months. He said India’s long-term growth trajectory remains strong, supported by rising capital expenditure and healthy corporate balance sheets.         Sajjan Jindal said Indian industries continue to focus on long-term expansion plans despite g…

Ministry and consumer protection agency to investigate whether cancellation charges imposed by online platforms is excessive Minister of Consumer Affairs, Food and Public Distribution, Pralhad Joshi, on Saturday directed the Consumer Affairs Ministry and the Central Consumer Protection Authority to launch an investigation into cancellation charges practices followed by online ticketing platforms.....

India is steadily gaining ground in Apple's AirPods supply chain as Foxconn ramps up production at its Hyderabad facility India has wrested some share in the global production of Apple’s AirPods from Vietnam and China, the top two manufacturers in the world in that order. AirPods are earbuds and headphones.    According to the latest data estimated from Smart Analytics Global (SAG), India, where production started only in A…

  With this acquisition, Dalmia Bharat’s total cement capacity will increase from 49.5 MTPA to 54.7 MTPA Dalmia Bharat Limited will invest ₹2,850 crore to acquire a 5.2 million tonne per annum (MTPA) cement capacity portfolio along with associated assets from Jaiprakash Associates Limited (JAL) as part of the insolvency resolution process being implemented under the Adani Group-led resolution plan....

  Addressing the BSF’s Rustamji Memorial lecture, Shah said the initiative aims to curb infiltration and create an impenetrable security grid, while also stressing efforts to prevent demographic changes in border areas Amit Shah on Friday said the government will launch a “smart border” project in the next year to make the 6,000 km fronts with Pakistan and Bangladesh impenetrable and ensure that the “conspiracy”…

Reliance 4IR Realty Development, Adani and Hanware Realty placed bids for the SVP Nagar redevelopment project in Andheri West. Real estate companies Adani Properties, Reliance 4IR, Lodha Developers, and JSW Realty & Infrastructure are among the companies that have submitted bids for the redevelopment of three major housing colonies occupying more than 20o acres of prime land in Mumbai’s Worli, Bandra Reclamation, and Andheri West..... M…

·       PM Modi's five-nation tour will result in $40 bn investments in India: MEA https://bit.ly/4v4zI1z ·       Nordic outreach: India will benefit from technology and capital flows https://bit.ly/3Rlw8BD ·       Nifty 50 may hit 28,000–30,000 by end of FY27: smallcase https://bit.ly/4uXPfjC ·     …

Adani Ports and Adani Power have signed definitive agreements worth Rs 5,693 crore to acquire logistics and power assets of Jaiprakash Associates under the NCLT-approved resolution plan. The deals include Kanpur land assets, a 24% stake in Jaiprakash Power Ventures and a 180 MW thermal power plant....  

If the listing goes through, Zepto will join rivals Zomato and Swiggy, which are already listed on stock exchanges Quick commerce platform Zepto plans to launch its ₹11,000-crore initial public offering (IPO) in July, people familiar with the matter said on Thursday. If the listing goes through, Zepto will join rivals Zomato and Swiggy, which are already listed on stock exchanges...... More https://bit.ly/4nDBxzW Via business-standard.com

The initiative includes plans for eight data centre parks, a 5-gigawatt AI compute corridor by 2040, and positioning Lucknow as an AI City, while attracting investments worth ₹2 lakh crore. The Uttar Pradesh (UP) Data Centre Cluster is a long-term strategy to make the State the biggest artificial intelligence (AI) compute power centre of India and the Global South, Yogi Adityanath has said, adding that the project can begin from the Bundelkhand…

·       US Secretary of State Marco Rubio to visit India from May 23-26 for talks on trade, defence and energy security https://bit.ly/3PR6vIs ·       India, US industry clash at USTR hearings over subsidies and overcapacity https://bit.ly/42NMUM7 ·       Sitharaman, US envoy Gor discuss deepening India-US economic partnership https://bi…

'Expect a lot of traction in domestic & international sales after this internet-breaking moment,' says Parle Products vice-president and chief marketing officer Mayank Shah. Parle Products is expecting a strong jump in sales after Prime Minister Narendra Modi gifted a packet of Melody toffees to Italian Prime Minister Giorgia Meloni during his Italy visit, a moment that quickly went viral on social media..... More https://bit.ly/4wEzaAT …

  The committee said simultaneous polls would reduce governance disruptions, improve policy focus and free up resources for infrastructure, healthcare, education and welfare programmes. India can save Rs 7 lakh crore if Lok Sabha and state assembly polls are held simultaneously, and that money can be used for development purposes, P P Chaudhary, chairman of the Joint Parliamentary Committee examining the ‘One Nation, One Election&rsquo…

વૈશ્વિક પરિસ્થિતિ અને વધતા ખર્ચને ધ્યાનમાં રાખીને રાજ્ય સરકારે સરકારી ખર્ચમાં ઘટાડો કરવા માટે મહત્વપૂર્ણ નિર્ણય લીધો છે. સામાન્ય વહીવટ વિભાગ દ્વારા જાહેર કરાયેલા નવા પ�…

  ·       India Inc's Q4FY26 profit margins scaled highest level in 5 years https://bit.ly/496dEew ·       PM Modi's 5-nation tour likely to strengthen trade ties https://bit.ly/4dpZy8Q ·       Petrol losses still at Rs 10-14/litre; break-even requires crude at $85: BPCL CMD https://bit.ly/42LjxtT ·    &nb…