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LTM Q2 Profit Slips 5% to Rs 1,398 Crore as Order Inflow Falls to $1.26 Billion
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.
Reliance Hits Back at Musk, Says Jio's Own Satellite Services Still Await Clearances
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 Q2 Profit Slips 1.4% as Large-Deal Bookings Drop 58%; Q3 Guide Points to Flat Revenue
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.
Caller Name Display Becomes Mandatory on 4G and 5G From November 1 as DoT Orders CNAP Rollout
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 Q2: Margin Widens to 21.9% as Profit Holds at Rs 170 Crore
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 Defers UPI Merchant Fee Until After Diwali; Fintech Stocks Recover Intraday Losses
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 Q2 Profit Rises 21% as AI Revenue Jumps 78%; Firm Signs Global Anthropic Partnership
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 Shares Jump 12% After It Signs a Multi-Year Partnership With Anthropic
Hexaware becomes a Preferred Partner in Anthropic's Claude Partner Network, putting Claude at the core of its Zerovity and AgentVerse platforms.
Modi Opens India Mobile Congress With Call for a Global Framework on Cyber Fraud and Deepfakes
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.
US Bars Infosys, Wipro, Microsoft and Other Tech Majors From Green Card Sponsorship Route Over Fraud Claims
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.
Simple Energy Raises Rs 1,750 Crore in All-Equity Series C to Build a New Electric Scooter Plant
The Bengaluru EV maker's largest round, led by A Velumani's family office, will fund a new factory, higher output and new products.
SiMa.ai Raises $150 Million for Physical AI Chips, With Half Its Team in Bengaluru
Physical AI chipmaker SiMa.ai raised $150 million at a $1.45 billion valuation; nearly half its workforce is based in Bengaluru.
Audio Brand Mivi Enters India's Smartphone Market With Budget 5G Phone, The Mivi One
Homegrown audio accessories maker Mivi launched its first smartphone, the Mivi One 5G, entering India's crowded budget handset segment via Flipkart.
PhonePe To Hire 20,000 Sales Staff, Deploy 5 Million Payment Devices Across Rural India
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.
IIT Delhi Students Build India's First Working Indigenous Micro-GPU
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.
Electric Motorcycle Maker Ultraviolette Raises $85 Million to Scale Production, Eye Global Markets
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.
Zoho Launches Zia Chat, Enters Vertical SaaS With Seven Industry-Specific Apps
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 Opens First Network-Partner Stores as Shares Extend Rally to 14%
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.
IT Stocks Slide as AI Disruption Fears and Surging US Treasury Yields Hit Infosys, TCS, HCLTech
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.
Inside Sebi's Growing Use of AI to Catch Market Manipulation and Fraud
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.
iPhone 18 Pro Series Goes on Sale in India, With Made-in-India Units Shipping Globally for the First Time
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.
Modi Opens SEMICON India 2026 as Fujifilm Commits Rs 800 Crore, Chip Stocks Rally
PM Modi inaugurated SEMICON India 2026 in Delhi as Fujifilm announced an Rs 800-crore India plant and semiconductor-linked stocks surged.
PM Modi Chairs Semiconductor Roundtable With Global Chip CEOs Ahead of SEMICON India 2026
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.
AI Chip-Verification Startup VerifAIX Raises $5 Million Seed Round Led by Endiya, Bluehill
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 Chief Calls for Human Oversight as AI Reshapes India's Telecom Networks
TRAI chairman Anil Kumar Lahoti urged telecom firms and vendors to build stronger human oversight into AI systems as networks grow increasingly autonomous.
Nifty IT Jumps 5% as Global Calls to Slow AI Development Lift Infosys, TCS, HCLTech
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 Picks Four Indian Startups for Its First DeepMind Climate AI Accelerator
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 to Form 40,000-Employee Consulting Joint Venture
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 to Tap UPI Data for Lending to Small Businesses Without GST Registration
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.
Global Fintech Fest 2026 Concludes In Mumbai With Focus On Agentic AI And Global UPI Push
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 Rolls Out UPI 'Tap & Pay' And AI-Powered MyUPI Support Tool
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 Unveils iPhone 18 Pro, Pro Max and First Foldable iPhone
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.
QNu Labs Raises Rs 200 Crore to Scale India's Quantum-Safe Cybersecurity Push
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.
Pixxel Raises $100 Million in India's Largest-Ever Spacetech Funding Round
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.
IIT Madras-Backed Bodhan AI Launches Four Open Indian-Language AI Models for Education
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 Names Indian-Origin Executive Anil Chakravarthy as Next CEO, Narayen Moves to Executive Chair
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 Launches Redmi 17 5G in India With 7,900mAh Battery and Snapdragon 4 Gen 5
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.
Kepler Aerospace Raises $8 Million to Build Swarming Satellite Constellations for Defence
Indian space infrastructure startup Kepler Aerospace secured its first external funding round to deploy autonomous ISR satellites for defence applications.
Deep-Tech Startup Zenergize Raises Rs 33.5 Crore to Scale EV Charger Production
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 India Head Sandhya Devanathan Departs to Join OpenAI
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 Launches S1Z Scooter With Indigenous Bharat Cell LFP Battery Technology
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 Expands Google Cloud Partnership to Scale Agentic AI
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 P4s 5G Launched in India With Dimensity 7400 Ultra Chip and 8,000mAh Battery
Realme has launched the P4s 5G in India with a MediaTek Dimensity 7400 Ultra chipset, a 144Hz AMOLED display and an 8,000mAh battery.
Infineon Acquires Bengaluru-Based C2i Semiconductors to Expand AI Data Centre Power Tech
German chipmaker Infineon is buying Bengaluru startup C2i Semiconductors to strengthen its power management technology for AI data centres.
Starlink Reapplies To IN-SPACe For 30,000-Satellite Gen 2 Constellation In India
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 Offers Indian College Students A Free Year Of AI Plus, New Gemini Study Tools
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.
OnePlus, OPPO and Samsung Raise Smartphone Prices Again as India's Market Slows
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.
L&T Technology Services Secures $75 Million Five-Year Engineering Deal
LTTS has won a five-year, over $75 million engagement from an undisclosed global technology major to deploy its Engineering Intelligence services.
Razorpay Launches Vulcan, India's First AI Foundation Model Built For Payments
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 to Build 10,000-GPU Nvidia AI Factory in Chennai for Together AI
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.
Defence-Tech Startup KshatraLabs Raises Pre-Seed Funding to Build India's Counter-Drone Interceptors
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 Launches Pixel 11 Series in India: Pixel 11 Priced From Rs 89,999
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.
EMI Financing Crosses 50% of Smartphone Purchases in India's Tier 2 Cities
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 In India Report Outage Affecting Photos, Videos And Other Media Sharing
WhatsApp users across India and several other countries reported trouble sending photos, videos and stickers on Monday, while text messaging largely stayed functional.
Global Tech Layoffs Cross 1.63 Lakh in 2026 as AI Restructuring Hits India Hard
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 Deploys AI Tools to Track Finfluencers as 62% of Investors Fall Under Their Sway
SEBI's FY26 annual report reveals new AI-based surveillance tools, including Project Sudarsan and R(AI)DAR, built to police unregistered finfluencers.
TRAI's AI Systems Flag 24.4 Billion Spam Calls and Texts in a Single Quarter
TRAI data shows AI-based detection flagged 24.43 billion suspected spam calls and SMSs in Q1 FY27 as telecom action against violators intensified.
India's Data Breach Costs Hit Record Rs 25.5 Crore as AI Speeds Up Cyberattacks: IBM Report
IBM's 2026 data breach report finds Indian firms paying record sums per breach, with AI making attacks faster even as detection lags.
Cabinet Clears Rs 1.9 Lakh Crore Push for Semiconductors and Mobile Manufacturing
Semicon India 2.0 and a new mobile manufacturing scheme aim to deepen India's chip and electronics ecosystem.
India's Semiconductor Demand Forecast Jumps to $150 Billion by 2030
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 Suffers Historic Plunge as Chip Shortage Clouds Tim Cook's Final Quarter as CEO
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…