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In preparation for its July 24 INR 759.6 crore initial public offering (IPO), Brigade Hotel Ventures, the hotel chain operator owned by Brigade Enterprises, a Bengaluru-based company, submitted the Red Herring Prospectus (RHP) with the Registrar of Companies on July 18. Brigade Hotel Ventures' draft documents were approved
The exponential expansion of the Unified Payments Interface (UPI) has made India the world leader in quick digital payments, according to a recent International Monetary Fund (IMF) study titled "Growing Retail Digital Payments: The Value of Interoperability." India Takes the Lead in Real-Time Payments, Says IMF The National
With plans to release Baby Grok, a kid-safe version of Grok, Elon Musk is changing course after making news with three contentious AI companions. Musk has not yet disclosed any additional information, but the statement has drawn criticism, particularly in light of Grok's current AI avatars' controversial
"Faulty auto translation of Kannada content on Meta platforms" has drawn harsh criticism from Karnataka Chief Minister Siddaramaiah. This comes after Meta's automatic translation engine mistranslated a Facebook condolence message from the chief minister's office and pronounced Siddaramaiah deceased. Originally composed in Kannada to
The Directorate General of Civil Aviation (DGCA) has type certified Amber Wings, a sister company of Chennai-based air mobility startup The ePlane Company, for their hybrid cargo drone. Amber Wings says this makes them the first Indian firm to get their hybrid cargo drone approved. Companies must apply for type
The acquisition of Kelvinator by Reliance Retail Ventures Limited (RRVL), a division of Reliance Industries, represents a calculated move into India's growing consumer durables market. Reliance Retail's unparalleled distribution power and Kelvinator's legacy are intended to be combined in this purchase. Known throughout the
According to Lenovo, a Chinese computer manufacturer with its headquarters in Morrisville, the corporation is cutting off 3% of its American employees. Like other businesses, Lenovo routinely reviews its cost structure to correspond with external market conditions and make personnel modifications as needed, according to a statement released on July
On July 17, OpenAI unveiled a new AI agent for its ChatGPT chatbot, enabling it to do intricate tasks online without human oversight as the Microsoft-backed business steps up its efforts to maintain its lead in the cutthroat AI market. Users of ChatGPT's Pro, Plus, and Team plans
According to reports, the government will examine Dixon Technologies' recent deals with Chongqing Yuhai and Kunshan Q Technology, two Chinese electronics companies, as well as other domestic electronics manufacturers. According to a media agency, an official told them that when their application falls under Press Note 3 regulations, proper
According to reports, the Maharashtra transport department has filed a lawsuit against bike taxi platforms for operating unlawfully in the Mumbai metropolitan area. The Maharashtra transport department reported to a news source that 123 bike taxi drivers operating in the area were the subject of complaints filed by regional transport
With the goal of producing 60 GW of renewable energy capacity by 2032, the state-owned National Thermal Power Corporation Limited was given permission to invest INR 20,000 crore by the Cabinet Committee on Economic Affairs, which was chaired by Prime Minister Narendra Modi. Furthermore, the Cabinet granted a unique
Thousands of benched employees are facing uncertainty as the first 35-day cycle under Tata Consultancy Services' (TCS) new bench policy comes to a conclusion on July 17. Many of them are expressing their anxiety on social media. After the policy went into effect on June 12, employees run the
A new agentic Integrated Development Environment (IDE) called Kiro has been released by Amazon Web Services (AWS) to support developers from prototype to production. For those who are unaware, an IDE is a programme that combines code editors, debuggers, and compilers—among other software development tools—into a single user
The AI-powered search engine Perplexity and Bharti Airtel launched a collaboration on 17 July. As a result, all Airtel customers will receive a complimentary 12-month subscription to Perplexity Pro, which would normally cost INR 17,000 annually worldwide. Customers of Airtel's DTH, broadband, and mobile services can access
According to reports, the Karnataka government intends to join the Center-led IndiaAI Mission by launching a specialised AI mission. As GenAI becomes more widely used, it is necessary to control its use and establish a framework, according to a media article that quoted Karnataka's minister of electronics, information
According to reports, AceVector, the parent company of e-commerce site Snapdeal, is getting ready to submit its draft red herring prospectus (DRHP) for an INR 500 Cr IPO. According to a media report, which cited sources, AceVector's public offering will mostly consist of a new share offering. A
In the face of supply chain problems and a lack of qualified kitchen personnel, Zepto Cafe, the 10-minute meal delivery subsidiary of fast commerce company Zepto, is reducing operations. The delay coincides with rivals Swiggy's Snacc and Blinkit's Bistro expanding their presence in important urban markets.
In a surprise move following an effort by rival OpenAI to purchase the start-up, Google recently revealed that it has hired a number of senior employees from AI code generation start-up Windsurf. According to a person familiar with the agreement, Google is paying $2.4 billion in license fees as
For a whole year, Indian college students will have free access to some of Google's most cutting-edge AI capabilities. With the launch of Gemini for Students, the tech company is offering qualified users a complimentary membership to its AI-powered Gemini Advanced plan, which is typically included in the
Former proponents of democratising artificial intelligence through open-source releases of Llama at Meta, engineers and executives are now contemplating a radical philosophical shift: giving up their top open-source AI model, Behemoth, in favour of creating a closed, proprietary system. This possible withdrawal occurs at a critical juncture. Although Meta is
With the launch of its first dealership in Mumbai's Bandra Kurla Complex, Tesla has made its debut in the Indian market. The Model Y, which will be priced at INR 59.89 lakh for the entry-level RWD form and INR 67.89 lakh for the long-range variant, will
Plum, an insurtech business based in Bengaluru, has allegedly committed INR 200 Cr ($23.3 Mn) for the next three to four years in order to develop into full-stack digital health services. The Tiger Global-backed business is launching Plum Health to provide working professionals throughout India with AI-powered health tracking,
As part of a company-wide restructuring spearheaded by new CEO Lip-Bu Tan, Intel Corporation has announced a new round of layoffs that will impact 2,400 more employees, bringing the total number of job cuts to almost 4,000 nationwide. Almost 2,400 jobs will be lost in Oregon alone,
According to the Securities and Exchange Board of India's (SEBI) most recent processing status statement from July 2025, WeWork India Management Limited (WeWork India), one of the country's top operators of flexible workspaces, has been approved by SEBI for its initial public offering (IPO). Up to