Over a hundred positions have been eliminated at Sony Pictures Networks India (SPNI) due to a reorganisation. Approximately 10% of its employees might be impacted, according to media sources. In a challenging advertising climate, layoffs are part of a larger effort to rationalise costs. According to the sources, the layoffs
Shekhar Natarajan, Founder and CEO of Orchestro.AI, explains how the misuse of facial recognition software impacts legal narratives in this opinion piece.
Sanofi, a French pharmaceutical giant, will increase its long-term presence in India by adding more than 4,500 jobs to its workforce at its global capabilities center (GCC) in Hyderabad. There are more than 2,600 people working at the centre right now. A "multi-hundred-million" investment will fund
Equirus InnovateX Fund (EIF), the early-stage venture arm of Equirus Group, today announced the final close of its maiden B2B tech fund at ₹166 crore. The fund’s first close was announced in February 2024. EIF backs seed and pre-series A companies building in Deep Tech, SaaS and Fintech -
Pune-based EdTech startup Beep, has raised 850K USD in a Pre- Series A funding round to accelerate its mission of building an AI-driven career ecosystem for students and early career professionals. The round saw participation from Knowhere Ventures LLC, Pacific Global Solutions Limited and LeadAngels FLV, along with individual investors
India’s startup ecosystem saw significant action on 16 Feb 2026, featuring multi-million and billion-dollar funding rounds across AI, semiconductors, wealthtech and accelerator platforms. Gen-AI infrastructure player Neysa emerged as a unicorn after a Blackstone-led $1.2 billion funding, while C2i Semiconductors secured $15 million Series A for AI-centric power
A new phase of cooperation in artificial intelligence (AI) has begun between TCS and AMD, a US-based chipmaker. In an effort to compete with Nvidia, the two companies have joined up to set up rack-scale data centre infrastructure in India. On February 16th, the AI Impact Summit began in New
On Monday, 16 February 2026, precious metals in India closed with both gold and silver easing from recent levels, with silver sliding sharply while gold ended modestly lower. At the close of domestic trading, bullion faced downward pressure amid profit-booking and firm dollar dynamics, with silver exhibiting greater weakness than
- Sam Altman called Peter Steinberger "a genius" in the announcement post on 'X.' - Peter Steinberger will be part of OpenAI's future core products. - The goal is to strengthen OpenAI's AI agents and multi-agent systems.
Bengaluru is now home to Anthropic's newest office. India is becoming an increasingly important player in the global AI competition, as the country has become the second-largest market for its AI assistant, Claude. According to the business, approximately half of Claude's usage in India is for
Following Paramount/Skydance Corp's submission of revised parameters intended to revive a purchase deal, Warner Bros. Discovery is considering reopening negotiations with the rival studio. This might put Netflix back in a high-stakes battle for one of Hollywood's most valuable content portfolios. The board has been
In its transition out of Hindustan Unilever, ice cream seller Kwality Wall's (India) intends to become a "snacking" company that sells its products all year round. According to Chitrank Goel, executive director of Kwality Wall’s (India) Ltd, the company is spearheading the transition of ice
Fractal Analytics, one of India’s best-known artificial intelligence and advanced analytics companies, made a muted stock market debut on 16 February 2026, with its shares listing below the IPO price on the major exchanges. On the National Stock Exchange (NSE), shares opened at ₹876, reflecting a 2.67% discount
Meta has officially stated that it has no plans to implement new performance-based layoffs. Consequently, the company is denying online rumours that it may resume workforce reductions that are associated with employee ratings. According to a representative from Meta who talked with a news outlet, the most recent modifications were
Kwality Wall’s India Limited made its stock market debut on 16 February 2026, listing on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), but the ice cream major began trading at a sharp discount compared to its reference price. On the NSE, the stock opened
The Pentagon has selected two defence technology companies to compete for the development of voice-controlled, drone swarming software for the US military. OpenAI has partnered with these companies. For the sole purpose of converting spoken orders from military leaders into digital directives for the drones, OpenAI's technology would
According to Airbnb, its in-house AI agent is already taking care of about a third of customer support enquiries in the US, and the company is getting ready to launch the function worldwide. By the end of the next year, the business hopes that its AI voice and chat systems
According to multiple media outlets, ixigo has authorised the purchase of a 60% interest in Online Travel Solutions, a company established in Spain. This sale will mark ixigo's first significant international expansion. The binding agreements for the transaction, estimated at €11.70 million (more than INR 125 crore)
MeMeraki, India’s largest culture-tech platform building technology-led market access for traditional Indian arts and crafts, has secured a ₹1 crore investment from four Sharks on Shark Tank India. The deal saw participation from Varun Alagh, Namita Thapar, Kunal Bahl, and Viraj Bahl, marking one of the show’s rare
The Indian startup ecosystem saw a mix of funding across cleantech, regtech, consumer brands, quick-service restaurants, and mobility manufacturing on 13 Feb 2026. IDfy led the day with a substantial ₹476 crore capital raise to expand its trust and compliance stack globally, while EverBrands secured $15 million to bolster its
Gold and silver prices in India ended the trading day on a steady note amid early rebound attempts on MCX, influenced by softer global cues and a marginally weaker US dollar. Retail rates for both metals remained largely unchanged across major cities by evening, reflecting consolidation after recent volatility. The
In a statement released on 13 February, Apple announced that its sixth store will be opening in Borivali, Mumbai. During the unveiling of the barricades for the forthcoming Apple store in India, the iPhone maker made the announcement. In April 2023, Apple debuted its first store in Mumbai and a
By 2026, IBM hopes to have tripled its entry-level workforce in the US. In response to rising fears that AI would reduce demand for entry-level positions, the corporation is taking a stand. Nickle LaMoreaux, CHRO of IBM, made the hiring news during the recent Leading with AI Summit hosted by