Technology

The IT firm formerly known as LTIMindtree reported a sequential profit dip and weaker deal wins, though AI-linked revenue grew 47% and margins held steady.

RIL rejected Elon Musk's claim that oligarchs are blocking Starlink in India, saying the same approval process applies to all applicants, Jio included.

Wipro's September-quarter profit fell to Rs 3,200.6 crore while large-deal bookings sank 58.6% sequentially, and its Q3 outlook allows for a decline.

DoT has directed telecom operators to switch on Calling Name Presentation by default for 4G and 5G users from November 1, showing a caller's registered name.

Tata Elxsi grew Q2 FY27 revenue 15% to Rs 1,055.7 crore and lifted its EBITDA margin to 21.9%, but net profit stayed flat at Rs 170.3 crore.

NPCI has pushed the 0.4% MDR on select UPI merchant payments, due October 15, to just after Diwali, with a new date still to be notified.

HCLTech posted Rs 5,132 crore Q2 profit, a 131 bps margin jump and 78% AI revenue growth, and set up a dedicated Anthropic business unit.

Hexaware becomes a Preferred Partner in Anthropic's Claude Partner Network, putting Claude at the core of its Zerovity and AgentVerse platforms.

Inaugurating IMC 2026, PM Modi said 5G now reaches every district and urged a global framework on cybercrime and deepfakes as India shifts to building tech.

Washington has suspended Microsoft and several big IT services firms, including Indian names, from the PERM process used to sponsor green cards for H-1B workers.

The Bengaluru EV maker's largest round, led by A Velumani's family office, will fund a new factory, higher output and new products.

Physical AI chipmaker SiMa.ai raised $150 million at a $1.45 billion valuation; nearly half its workforce is based in Bengaluru.

Homegrown audio accessories maker Mivi launched its first smartphone, the Mivi One 5G, entering India's crowded budget handset segment via Flipkart.

PhonePe plans to hire over 20,000 frontline sales staff and deploy more than 5 million payment devices over the next year, with half targeted at rural and Tier 6 towns.

Two M.Tech students at IIT Delhi have demonstrated India's first working, indigenously designed micro graphics processor, a step toward cutting the country's reliance on imported display chips.

Bengaluru-based Ultraviolette Automotive raised $85 million in Series E funding led by Yali Capital and TDK Ventures to expand EV production and enter new markets.

Chennai-based Zoho unveiled Zia Chat, a unified AI interface for businesses, and announced its entry into vertical SaaS with apps built for seven industries at its Zoholics conference.

Ola Electric launched its first cohort of dealer-operated network-partner stores across multiple states, a retail push that coincided with a sharp rally in the stock.

Nifty IT fell as much as 2% on Tuesday, its worst sectoral showing of the day, as rising US bond yields and lingering worries about AI's impact on services demand weighed on India's biggest IT stocks.

India's markets regulator Sebi is deploying AI and machine learning to scan trading data and social media for signs of manipulation, cutting investigation times sharply.

Apple's iPhone 18 Pro and Pro Max went on sale in India on Friday, with India-assembled Pro models available on launch day worldwide for the first time.

PM Modi inaugurated SEMICON India 2026 in Delhi as Fujifilm announced an Rs 800-crore India plant and semiconductor-linked stocks surged.

Prime Minister Narendra Modi met top executives from Micron, Intel, AMD, ASML and other chipmakers in New Delhi, urging deeper industry participation as India's semiconductor push enters its next phase.

VerifAIX, an AI-native semiconductor verification startup with engineering teams in India, the US and Israel, raised a $5-million seed round to scale its chip-verification platform.

TRAI chairman Anil Kumar Lahoti urged telecom firms and vendors to build stronger human oversight into AI systems as networks grow increasingly autonomous.

Indian IT stocks including Infosys, TCS and HCLTech rallied up to 6.5% after global AI leaders, including Anthropic's CEO, called for slower AI development.

Google has selected Terrastack, Varaha Climate, Farmers for Forests and Climitra Carbon for its inaugural DeepMind Accelerator: AI for the Planet programme.

PwC India and PwC US are combining consulting operations into a new jointly controlled entity with 40,000 employees, aiming to expand revenue fivefold in three years.

SBI is building a lending solution that uses UPI transaction data as a proxy for sales to extend credit to small businesses outside the GST system.

GFF 2026 wrapped up in Mumbai with fintech leaders and Visa, Gnani.ai and BharatPe unveiling AI-led payment and security innovations built around India's UPI rails.

NPCI launched a tap-to-pay feature for UPI on point-of-sale terminals and an AI customer support platform called MyUPI, unveiled by the RBI governor at the Global Fintech Fest.

Apple's September event introduced the iPhone 18 Pro and Pro Max with a new A20 chip, alongside the company's long-anticipated first foldable iPhone.

The IIT Madras-incubated deep-tech firm's Series A1 round, led by the National Quantum Mission and Speciale Invest, takes its total funding to Rs 375 crore.

Bengaluru-based Pixxel closed a $100 million Series C led by Temasek and Seraphim, the largest funding round raised by an Indian space-tech startup, taking its total funding to $195 million.

Bodhan AI and AI4Bharat released open-weight speech, translation and OCR models covering over 20 Indian languages to power a sovereign education AI stack.

Adobe will hand the CEO role to Anil Chakravarthy on December 1, with longtime chief Shantanu Narayen stepping into an executive chair role as AI reshapes the software industry.

Xiaomi has launched the Redmi 17 5G in India starting at Rs 23,999, featuring a 7,900mAh battery, 120Hz display and Snapdragon 4 Gen 5 chipset.

Indian space infrastructure startup Kepler Aerospace secured its first external funding round to deploy autonomous ISR satellites for defence applications.

Zenergize Technologies has raised Rs 33.5 crore in a pre-Series A round to scale manufacturing of its indigenous silicon carbide-based EV chargers and solar inverters.

Meta's vice-president for India, Sandhya Devanathan, is leaving after a decade at the company to take on a newly created regional role at OpenAI.

Ola Electric has launched its S1Z scooter range starting at Rs 79,999, marking the first mass-market rollout of the company's indigenously developed Bharat Cell LFP battery technology.

Wipro is deepening its Google Cloud alliance to roll out Gemini Enterprise across its workforce and embed autonomous AI agents into core client operations.

Realme has launched the P4s 5G in India with a MediaTek Dimensity 7400 Ultra chipset, a 144Hz AMOLED display and an 8,000mAh battery.

German chipmaker Infineon is buying Bengaluru startup C2i Semiconductors to strengthen its power management technology for AI data centres.

Elon Musk's Starlink has filed a fresh application with India's space regulator for its Gen 2 satellite network after an earlier rejection.

Google is giving eligible Indian college students a year of free Google AI Plus and discounted AI Pro plans, alongside new Gemini-powered study features.

Rising memory chip costs and slowing demand have pushed OnePlus, OPPO and Samsung to raise smartphone prices in India for the second time in as many months.

LTTS has won a five-year, over $75 million engagement from an undisclosed global technology major to deploy its Engineering Intelligence services.

Fintech firm Razorpay has unveiled Vulcan, an AI-powered payments foundation model built with NVIDIA and AWS to cut fraud and improve transaction success rates.

L&T's Vyoma.AI has secured an order worth Rs 10,000-15,000 crore to build a 10,000-GPU Nvidia B300 AI facility in Chennai for US firm Together AI.

Finvolve and India Accelerator have backed KshatraLabs, an Indian startup building autonomous aerial interceptors designed to detect and neutralise hostile drones at speeds above 300 km/h.

Google's Pixel 11, 11 Pro, 11 Pro XL and 11 Pro Fold are now official in India, alongside the Pixel Watch 5, with prices starting well above last year's lineup.

Counterpoint Research says EMI penetration in Tier 2 smartphone sales hit 57.5% in Q2 2026 as rising prices push affordability to the fore.

WhatsApp users across India and several other countries reported trouble sending photos, videos and stickers on Monday, while text messaging largely stayed functional.

A new industry report shows over 1.63 lakh global tech layoffs in 2026, with AI cited in more than 91,000 job cuts and India among the worst-hit hubs in Asia.

SEBI's FY26 annual report reveals new AI-based surveillance tools, including Project Sudarsan and R(AI)DAR, built to police unregistered finfluencers.

TRAI data shows AI-based detection flagged 24.43 billion suspected spam calls and SMSs in Q1 FY27 as telecom action against violators intensified.

IBM's 2026 data breach report finds Indian firms paying record sums per breach, with AI making attacks faster even as detection lags.

Semicon India 2.0 and a new mobile manufacturing scheme aim to deepen India's chip and electronics ecosystem.

India's chip demand outlook has been revised sharply upward as new plants begin commercial production under the Semicon 2.0 push.

Apple's stock took its steepest one-day hit since the early days of the pandemic on Friday, sliding close to 10% after the company warned that a worsening…