Qualcomm has started laying off employees in India as part of a global workforce restructuring that could affect around 7% of its employees. With nearly 20,000 employees in India, around 1,000 jobs

IBM is ending US visa and green card sponsorship for most roles in its Consulting division, which employs over 150,000 people. The move comes amid tighter US immigration rules and growing scrutiny of

India’s stock markets have struggled to regain their September 2024 peaks, with the Nifty and Sensex testing investors’ patience. High valuations, slower earnings and foreign investor outflows

GMR Group is developing a 500-acre aviation and aerospace ecosystem in Andhra Pradesh, its Chairman G M Rao said on Thursday.
Addressing the CII Partnership Summit, Rao said GMR Group is developing an aviation city in Andhra Pradesh.
"Besides the airport, we are developing an aviation and aerospace ecosystem in 500 acres in Andhra Pradesh," he said.
Rao noted that in the olden days, economics grew around the port, then around the railway stations, then around the city centers.
"Today, the economy grows around the airport. The airport is a new economic engine," he said, adding that Visakhapatnam will be the 'Bombay of the East'.
He said navigating trade, technology, trust, and thought leadership are four words that describe Andhra Pradesh.
Rao noted that the government led by Andhra Pradesh Chief Minister N Chandrababu Naidu acts with remarkable speed, something investors have witnessed firsthand.

GMR Airports

Press Trust of India

With Thursday's rally, the stock price of Paytm has bounced back 20% from its previous month low of ₹1,582.95 touched on October 26, 2026.

fintech AI India, agentic AI fintech, agentic payments, Paytm AI, Pine Labs P3P, Razorpay AI, Cashfree Payments, Juspay, NPCI UAP, Unified Agentic Protocol, UPI agentic payments, AI agents payments, fintech margins, AI payments India

Business Standard

OpenAI on Thursday announced local processing of artificial intelligence (AI) requests in India for its application programming interface (API), allowing eligible businesses and developers to run supported workloads on its GPT-6 Luna model within the country to help meet data localisation needs.
For supported workloads, both the processing of a request and the model computation that generates the response will take place in India, the company said in a statement. Supported customer content will also be stored in the country.
"Some Indian businesses have not fully deployed AI for important work because they need the information involved to be processed within the country. Local inference gives them more control over where supported workloads run and helps address a practical barrier to adoption.
"It gives more businesses a way to put OpenAI's tools to work, and gives Indian developers and startups more scope to build for their own, and enterprise needs," Nitin Bawankule, Head of ...

OpenAI

Delhi's AQI touched 372 on Monday after Diwali celebrations, triggering health concerns, questions over pollution monitoring and a political row over stubble burning in Punjab

Smog, Delhi Pollution, Delhi Air Quality, Pollution

The RBI has extended the supersession of Abhyudaya Co-operative Bank's board by another year from November 24, 2026, as the lender reports improved profitability and asset quality

RBI, Reserve Bank of India

Diwali's big spenders: One Mumbai shopper bought ₹1.11 lakh worth of gold coins

Gold Coins

The pollution regulator says readings exceeding the monitoring instruments' calibrated limit of 1,000 µg/m³ are excluded from calculations, while a review of data processing methodology is under way

air pollution

Better-quality buses, expanding sleeper services and improving highway infrastructure are making road travel more comfortable and reliable

bus travel, buses, bus

OpenAI says supported API requests and model inference will now be processed on servers in India, helping businesses meet data sovereignty requirements and adopt AI tools for work.

OPEN AI

State-owned Oil India's profit after tax rises 53 per cent in Q2 FY27, aided by a 20 per cent increase in crude oil production and a 35 per cent rise in price realisation

Oil India logo

Rajasthan steps up monitoring of subsidised urea and DAP to prevent black marketing, hoarding and diversion to industrial units, ensuring supplies reach farmers

Displaying categorized search results for income tax

Latest News

In this section

All

OpenAI to process API data, run AI inference locally for Indian companies

Oil India Q2 net profit rises 53% to ₹2,521 crore on higher realisation

Rajasthan steps up checks to curb diversion of subsidised fertilisers

Most Popular

Read

Shared

Commented

GMR Group to develop 500-acre aviation, aerospace hub in Andhra Pradesh

Paytm zooms 7%, reclaims ₹1,900 for 1st time since listing day in Nov 2021

OpenAI to process AI requests in India to meet data localisation needs

Also Watch

Displaying categorized search results for income tax Advance Search