Page 89 - Industry News

Anthropic, Microsoft and Nvidia come together in a strategic partnership

Microsoft & Nvidia commit to invest up to $15 billion in Anthropic

Must target biotech sovereignty by 2047: Biocon's Kiran Mazumdar-Shaw

Kiran Mazumdar-Shaw urges India to achieve 'biotech sovereignty' by 2047, driven by a $330 bn bioeconomy, BioE3 framework, scale exports, a sovereign AI stack, and crucial R&D investment

Bengaluru Tech Summit 2025: 'Look beyond coding, focus on products'

At the Bangalore Tech Summit, industry leaders said India must move from a coding-focused services model to product-led innovation, strengthening deep tech, AI and semiconductor capabilities

India's three-wheeler makers likely to clock nearly 7% growth in FY26

Mkt likely to continue growth momentum in H2FY26, backed by Oct sales

CCI moves NCLAT seeking clarity on WhatsApp, Meta's data-sharing order

CCI has asked NCLAT to clarify whether the privacy safeguards outlined in its ruling apply to Meta's advertising-related data sharing, as the tribunal reviews challenges from Meta and WhatsApp

Karnataka plans ascent into India's space orbit with $22 billion target

State eyes $3 bn in investment and a 50% national share as it ramps up upstream, downstream activities

Govt rescinds QCO on viscose staple fibre to ease raw material access

Economic Secretary Anuradha Thakur urges the Indian financial sector to embrace disintermediation but ensure credit reaches MSMEs for equitable, sustained 8% GDP growth

Growth-enabling regulatory and economic framework required for satcom

The senior executive added that satellite broadband was a complementary service to terrestrial networks and would serve use cases where terrestrial networks

Trai mandates pre-tagging of SMS elements to further curb spam, fraud

The direction will enable more stringent scrubbing of content in messages, the regulator said, adding that access providers will get 60 days to comply

Samriddhi 2025: Policymakers, experts set to chart UP's $1 trn growth story

Targetting to become a $1 trillion economy by 2030 and a $6 trillion economy by 2047, UP has long shed its erstwhile image of a laggard state

UIDAI to launch new app to allow for QR-code-based offline verification

UIDAI will launch a mobile app for consent-based Aadhaar verification via QR codes, ending the use of photocopies and allowing users to share only required details under the DPDP Act

Karnataka govt, VCs to launch ₹1,100 cr fund for deeptech, AI startups

According to IT Minister Priyank Kharge, Karnataka is set to make a major push in emerging technologies during the first Future Makers Conclave on November 20 at the 28th edition

AI can shift Indian healthcare from reactive treatment to proactive: KPMG

A new KPMG-FICCI report says India's healthcare system is at a pivotal moment, with AI poised to drive a shift from reactive treatment to proactive, data-driven and preventive care across the sector

India's GCC workforce to reach 3.46 million by 2030 as AI scales up: Report

India's tech sector is poised for strong expansion as global capability centres shift from AI pilots to full-scale deployment, creating new roles, reshaping legacy jobs

Andhra to get India's first 'giga-scale' electric air taxi hub in Anantapur

Sky Factory involves investment of Rs 1,300 cr and it will put India on the 'map of next-generation aviation'

Reliance buys 1 million barrels of heavy crude from Kuwait via tender

Reliance halted Russian oil purchases last month after Russian producers Rosneft and Lukoil were sanctioned by the United States

Serene Communities, Asset Homes to build 4 senior-living projects in Kerala

Serene Communities by Columbia Pacific has partnered with Asset Homes to invest Rs 500 crore in four senior-living projects across Kerala

FMCG sales see slow growth to 5.4% in Q2 amid GST rejig: NielsenIQ

The rural market also slowed down from 8.4 per cent to 7.7 per cent year-on-year, but continued to outpace the pace of sales in urban areas for the seventh consecutive quarter

India's IT spending to hit $176 bn in 2026 on data centre, AI boom: Gartner

Gartner projects India's IT spending to rise 10.6% to $176.3 billion in 2026, driven by strong data centre and software investments as enterprises accelerate cloud, AI and digital adoption

Lilly's Donanemab gets CDSCO approval for early Alzheimer's treatment

Eli Lilly has secured CDSCO marketing authorisation for donanemab, an amyloid-targeting therapy for adults with early symptomatic Alzheimer's