AI Democracy Needs India: OpenAI

‘This is a technology that will particularly benefit those who want to take agency over it’. Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes.   Key Points OpenAI has 100 million users in

Valeo’s India play: Rs 2,150 cr investment, 3x sales by 2028

Valeo manufactures electric motors, inverters, onboard chargers, DC-DC (direct current-to-direct current) converters, battery cooling systems, parking sensors, cameras, and radar-based driver-assistance systems. Photograph: Steve Marcus/Reuters Key Points It operates six manufacturing facilities across Chennai, Pune, Sanand, and Gurugram Currently, only

Mukesh Ambani’s Reliance Jio to Invest ₹10 Lakh Crore in AI

Mukesh Ambani’s Reliance Jio is set to invest Rs 10 lakh crore in artificial intelligence, aiming to democratisze AI access and build a robust compute infrastructure for India. Photograph: ANI Photo Key Points Mukesh Ambani announces a Rs 10 lakh

Anthropic’s Scores Big On India Revenue

India is emerging as Claude.ai’s second-largest user base, driven by strong adoption in coding, maths and enterprise AI tasks. Illustration: Ruvic/Reuters Key Points Anthropic’s revenue run rate in India has doubled in six months. Anthropic opened its Bengaluru office, its

Legally barred from leaving UK: Mallya tells Bombay HC

Based in the UK since 2016, Mallya has filed two petitions in the high court — one challenging an order declaring him a fugitive economic offender and the other questioning the constitutional validity of the Fugitive Economic Offenders Act. Photograph:

Adani commits $100 bn for RE-powered AI data centres

The initiative is expected to catalyse an extra $150 billion in investment across server manufacturing, electrical infrastructure, Cloud platforms, and supporting industries over the next decade. Photograph: ANI Photo Key Points It will catalyse an extra $150 billion Company is

Tech Public Cloud Service Drives Oracle India’s Double-Digit Run

‘India is often skipping legacy cycles and moving directly to advanced AI-driven operations.’ Kindly note that this illustration was generated using ChatGPT and is intended solely for representational purposes. Any resemblance to real persons, living or dead, is purely coincidental.

Nitin Bhasin: ‘This Is About Capital Preservation’

‘The problem is not just slower growth, but also the quality of growth.’ Illustration: Uttam Ghosh/Rediff Key Points India has become the weakest-performing major emerging market in terms of earnings revisions over the past year. Global investors are reallocating capital

RBI proposes easing forex transaction norms

Authorised banks and standalone primary dealers access the foreign exchange market for market making, balance sheet management and hedging of risks. Photograph: Francis Mascarenhas/Reuters Key Points An authorised dealer may also undertake transactions on ETPs outside India They can borrow

Is Bill Gates attending AI Impact Summit at New Delhi?

Government sources suggesting that Gates will not attend the Summit may be due to his name figuring in files relating to the late sex offender Jeffrey Epstein. Photograph: ANI Photo Key Points Gates was listed as a keynote speaker on