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«Contrary to all the apprehensions, I firmly believe GenAI adoption wholeheartedly will serve as the next job creator for India. Let's acknowledge the reality… In most situations, GenAI will assist a low-skilled person to perform at a different level of productivity. It will enhance the productivity very significantly,» he said at the Mumbai Tech Week. Chandrasekaran noted that traditional business advantages are becoming less relevant, and India must focus on building AI capabilities rather than merely consuming such technologies.

Jio Platforms, the telecom and digital arm of Reliance Industries, is building an AI personal computer in the cloud which is compatible with any consumer screen and will allow users to build compute-intensive AI applications, Aakash Ambani, chairman, Reliance Jio Infocomm said. He added that companies which do not embrace AI and reimagine their functions will have a “bleak” future. Further, he believes that AI will transform the future of jobs but won’t replace them. “We have a consumer application which we will be shortly launching. It’s a cloud PC, which is a complete PC in the cloud, which is accessible in each of your houses but really be device agnostic. No hardware. You can build high compute AI applications on top of that. And what you can leverage is the reach that Jio has,” Ambani said at the Mumbai Tech Week on Friday.

UPI), Dilip Asbe, managing director and CEO of National Payments Corporation of India (NPCI), said on Friday. Speaking to journalists at the Mumbai Tech Week, Asbe noted that over 30 banks currently issue RuPay credit cards in the country. «About 16% of total credit card spends are happening on Rupay now, and about 50% of that is happening on UPI,» he said.

MUMBAI: The Securities and Exchange Board of India (Sebi) is set to shake up the mutual fund space with a bold new category—specialized investment funds (SIFs). 

Subscribe to enjoy similar stories. MUMBAI : India has emerged as the biggest opportunity for Coursera Inc.’s enterprise business, making it one of the two fastest-growing markets for the global upskilling giant, alongside West Asia, for the vertical, according to a top company executive. The company’s enterprise segment, which caters to businesses, universities, and governments, is experiencing significant traction in India, Karine Allouche, vice-president and general manager of enterprise business at Coursera, told Mint.

Adani Green Energy Limited (AGEL) has surpassed a record 12,000 megawatts (MW) of operational portfolio. AGEL is the first and only renewable energy company in India to reach this landmark, as per its official statement. AGEL’s 12,258.1 MW portfolio consists of 8,347.5 MW solar, 1,651 MW wind and 2,259.6 MW wind-solar hybrid capacity.

India Meteorological Department (IMD), the day's minimum temperature is expected to drop to 18.14°C, while the maximum may reach 28.07°C. Relative humidity stands at 37%, and a steady breeze is blowing at 37 km/h.

Subscribe to enjoy similar stories. MUMBAI : The Central Drugs Standard Control Organisation (CDSCO) is in the process of creating guidelines to regulate cell and gene therapies and upgrading the framework to regulate biosimilars, as the Indian industry moves towards innovations in the space, Drugs Controller General of India (DCGI) Rajeev Raghuvanshi said on Thursday. Raghuvanshi, who was speaking on the sidelines of the Indian Pharmaceutical Alliance’s (IPA) Global Pharmaceutical Quality Summit 2025, said that while the country's top drug regulator had been focusing on operational efficiency, it's also looking closely at newer areas.

Subscribe to enjoy similar stories. Breaking the silence over the ongoing dispute between brothers Abhishek and Abhinandan over a family settlement agreement and the use of the Lodha brand, their mother Manju Lodha has stated that neither brother has any valid claim on the other’s business. The mother made an emotional appeal to the two brothers to bury the hatchet in a letter addressed to them on 21 February.

Sahil Singh, once a street vendor selling wallets in Mumbai and delivering food and milk, always dreamed of becoming a model. Forced to drop out of school due to financial hardships, he relentlessly worked on grooming himself for the industry, despite facing multiple rejections. In a recent interview, he shared his journey of resilience, revealing how he navigated life's challenges and pursued his dreams against all odds.

The NSE Nifty 50 Index has lost 14% from its peak in September as investors grew skeptical of the market’s steep valuations, with corporate earnings and economic growth starting to disappoint. In recent days, the India NSE Volatility Index also slid, on falling demand for options betting on moves in the benchmark equity gauge, which comprises mostly India’s heavyweights.

Hemang Jani remains bullish on InterGlobe Aviation-owned IndiGo over SpiceJet amid the limited options in the listed aviation space. In a recent ET Now interaction, Jani reaffirmed his preference for InterGlobe over competitors like SpiceJet, citing operational transparency and growth visibility as key factors. Jani pointed out that while SpiceJet has shown promise, its prolonged struggles in demonstrating operational performance and lack of transparency in sharing key data remain concerning.

Shikhar Dhawan believes Rohit Sharma has matured as a leader over the years and shares a close bond with his teammates, which augurs well for the Indian team. Dhawan, who was Rohit's opening partner for a considerable period of time, said the Mumbai batter is experienced enough to handle the team.

Sam Pitroda has denied allegations that he illegally acquired 12.35 acres of government land in Bengaluru. BJP leader N R Ramesh has accused Pitroda of securing the land with the help of government officials and has filed a complaint with the Enforcement Directorate (ED) and the Karnataka Lokayukta.

Subscribe to enjoy similar stories. Mumbai: A dispute over unpaid fees between National Stock Exchange Ltd (NSE) and the clearing subsidiary owned by its rival BSE Ltd appears to be nearing resolution, said two people aware of the development. Markets regulator Securities and Exchange Board of India is informally nudging the NSE and Indian Clearing Corporation Ltd (ICCL) to resolve matter at the earliest, the people said on the condition of anonymity as they are not authorized to speak to the media.

Subscribe to enjoy similar stories. Mumbai: Top private colleges and universities are snapping up seasoned executives and professors with global pedigrees in a race to ascend rankings and attract funding, heralding a new era of competitive internationalization.

NCLT) on Wednesday directed IndusInd International Holdings Ltd (IIHL) to complete the acquisition of Reliance Capital by March 12 and deposit ₹2,750 crore towards equity investment it has offered into the financial services firm's account. The order of the NCLT's Mumbai bench comes after Hinduja Group-owned IIHL missed the February 25 deadline set by the NCLT in the last hearing to complete its acquisition of Reliance Capital. IIHL's lawyer informed the tribunal that the deal was incomplete due to pending documentation but is on the verge of closure.

Subscribe to enjoy similar stories. Mumbai: Most ‘dotcoms’ from the ‘90s died in the 2000 bust. Not Nazara Technologies.

Mumbai: The Securities and Exchange Board of India's proposal to change the methodology of calculating outstanding positions in stock futures and options could reduce possibilities of manipulation in derivatives trading. The plan to introduce tighter rules, including regular monitoring of positions during trading sessions, comes amid growing concerns that a few influential firms, armed with superior technology prowess, may be manipulating trades in the country's growing futures and options markets.

Subscribe to enjoy similar stories. Between December and February, at least 10 states—big and small—have held summits to showcase their strengths and attract investors. Tall promises have been made.