Members of the UPI ecosystem must abide by a new set of rules established by NPCI, which include restricting balance inquiry queries and controlling the use of APIs such as Autopay Mandate Execution and Validate Address. To enhance the functionality of UPI transactions, the National Payments Corporation of India (NPCI)
The Economic Times recently reported that in a second round of layoffs, Krutrim, the artificial intelligence startup started by Bhavish Aggarwal of Ola, had let go of around 100 workers. A significant portion of the firm's linguistics staff, which had just recently arrived, was impacted by the layoffs.
The shareholders of Lenskart have given their consent for the company to raise INR 2,150 Cr ($248.7 Mn) through a new share offering as part of the first public offering (IPO). What’s Included in the Upcoming Lenskart IPO? A secondary offer for sale (OFS) component by current
According to reports, Tesla and Samsung Electronics have inked a significant chip supply agreement valued at $16.5 billion through 2033. The action is intended to help Samsung's faltering contract chip manufacturing division, which is up against fierce competition from TSMC. Inside the $16.5 Billion Agreement: What
Chennai (Tamil Nadu) [India], July 28: The Institute for Educational Research and Publication (IFERP) unveils a practical framework supported by dedicated conference tracks and training to help students, faculty, and administrators harness AI’s power responsibly while guarding academic integrity. The Institute for Educational Research and Publication (IFERP) today announced
Tata Consultancy Services, the biggest provider of IT services in India, announced on 27 July that it will cut 2% of its personnel in its 2026 fiscal year, mostly affecting middle and senior management. About 12,200 positions will be lost as a result of the company's retraining
Shengjia Zhao, a co-creator of OpenAI's ChatGPT, will be the chief scientist of Meta Superintelligence Labs, according to a statement released by Meta CEO Mark Zuckerberg on 25 July. The $14 billion investment in Scale AI is the centrepiece of Zuckerberg's multibillion-dollar hiring spree in artificial
In its ongoing competition with the United States for technical supremacy, China has presented a comprehensive strategy to increase its influence in AI governance, which includes the establishment of a global cooperation organisation. China Proposes Global AI Oversight Body at WAIC 2025 During his speech at the inauguration of the
According to reports, 25 over-the-top (OTT) platforms and websites—including ALTT, ULLU, Big Shots App, Desiflix, and Boomex—have been blocked by the Centre for allegedly containing pornographic, indecent, and vulgar content. OTT Crackdown: What Happened According to a Storyboard18 report, under the Information Technology Act of 2000 and the
From Ammunic Systems raising $1.1 million to advance India’s defence-tech capabilities to Yali Capital closing its INR 893 crore maiden fund to fuel deeptech innovation, the day saw notable movements across venture capital and strategic sectors. On the business front, Swiggy reshuffled its board post-IPO, the government cracked
Ohm Mobility, a firm that provides EV financing and leasing, is now closing its doors, joining a growing list of startup closures. Despite many turning points along the way, the five-year-old startup was unable to scale, according to cofounder and CEO Nikhil Nair. Why Ohm Mobility Shut Down: Inside the
The Competition Commission of India's (CCI) antitrust verdict against Google over its Play Store policy was partially supported by the National Company Law Appellate Tribunal's (NCLAT) March ruling, which Google has challenged in the Supreme Court. "We have appealed the NCLAT's recent ruling
The operator-led, celebrity-anchored skincare brand is rewriting the rules of the game. * Kriti Sanon & PEP Brands’ HYPHEN marks its second anniversary on a celebratory note, as it achieves an ARR of INR 400 crore gross in just 2 years. * The brand has successfully turned its first-time buyers into a
GitHub Spark is Microsoft's most recent venture into AI-powered software development. This new platform has the potential to completely change the way people develop apps. Spark is a comprehensive tool that enables anyone to create intelligent, full-stack apps using natural language, visual aids, or conventional code. What Is
Alphabet Inc. CEO Sundar Pichai has officially become a billionaire, which is an uncommon rise for a non-founder in the computer industry. Pichai's current net worth of $1.1 billion, as determined by the Bloomberg Billionaires Index, was solely derived from his work as a professional CEO rather
From Netrasemi’s ₹107 crore raise to strengthen India’s edge-AI chip ambitions to PhysicsWallah becoming the first edtech unicorn to receive SEBI’s nod for a confidential IPO filing, the day was packed with headline-worthy developments across tech, logistics, and mental health sectors. On the funding front, SuperK, Eveez,
Due to fierce competition in the market, BigBasket, a fast commerce platform supported by Tata Digital, witnessed a decline in yearly income in the fiscal year that ended in March 2025. BigBasket's B2C division, Innovative Retail Concepts, had a 3% decline in turnover from INR 7,885 Cr
A trade deal worth an estimated £6 billion was signed by Keir Starmer and his Indian counterpart, Narendra Modi. The UK prime minister hailed the momentous accord as a "historic day" for Britain and India. Following more than three years of negotiations, the trade agreement will significantly lower
To increase its presence in children's psychological needs, AI-focused mental health startup LISSUN acquired US-based digital mental health provider Being Cares Inc. The business did not, however, provide the deal's financial details. According to LISSUN, the acquisition will enable it to broaden its offerings to address
According to documents filed with the Ministry of Corporate Affairs (MCA), supply chain solutions provider Leap India is prepared to become a publicly traded business. The company has given its consent to be converted from a "private company limited by shares" to a "public company limited by
According to a research group, the number of businesses and organisations impacted by a security flaw in Microsoft Corp.'s SharePoint servers is growing quickly, with the number of victims more than six times increasing in a matter of days. Dutch Firm Reveals Surge in SharePoint Exploits According to
According to a formal announcement, Tilaknagar Industries, the company behind Mansion House, the best-selling brandy brand in India and the second-best-selling brand worldwide, has finalised the agreement to purchase the Imperial Blue whisky business division from the Indian branch of the French liquor giant Pernod Ricard for INR 4,150
Mumbai, 24th July 2025 - Bharatsure, one of India’s leading Insurtech companies offering Infrastructure as a Service (IaaS) solutions has raised INR 6 Crores from Inflection Point Ventures (IPV) and other investors including Capital A and Atrium Angels. Bharatsure is pioneering transformation in India's insurtech landscape, unlocking