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SaaS players that are rapidly adding AI-powered products. Startups must build technology that can’t easily be replaced by large language models while also generating revenue and scaling.“There’s the SaaS and software companies that are building on top of AI models and launching agentic solutions to their customers.

₹13.22 crore, just 3.7% of the targeted ₹350 crore in interest subvention, according to a parliamentary written response by the Union ministry of micro, small, and medium enterprises (MSMEs).The MSME ministry’s Lok Sabha disclosure, a written response by minister of state Shobha Karandlaje on 12 March, showed Tamil Nadu had the most MSE beneficiaries at 1,067, followed by Punjab (610) and Rajasthan (608).The scheme, which began in 2023-24 and runs until 2025-26, is set to end on 31 March.

Mint. “With the population and purchasing power that the country has, companies can't afford to make solutions which are not designed with the Indian price point in mind.”Qualcomm's chief executive Cristiano Amon had announced the AI-focused $150 million fund at the India AI Impact Summit held in Delhi last month.

IPO-bound Singapore’s Sembcorp Industries Ltd’s Indian renewable energy business and Hexa Climate Solutions are vying to acquire the entire India renewable business of Italy’s Enel Group in a deal having an equity and enterprise value of around $100 million and $300 million, respectively, according to two people aware of the development. Sembcorp is present in India throughSembcorp India Private Limited and Sembcorp Green Infra Ltd (SGIL) along with other subsidiaries., while Hexa is backed by I Squared Capital.The HSBC-run sale process follows a deal signed last year—which later fell through—under which Waaree Energies Ltd had agreed to buy 100% of Enel Green Power India Pvt Ltd (EGP India) from its parent Enel Green Power Development S.R.L.

India’s telecom giants and global technology firms are locked in a tussle over pricing and regulation of the country’s business internet backbone.At the centre of the clash are Domestic Leased Circuits (DLCs)—dedicated, high-security broadband lines used by banks, data centres and enterprises. The Telecom Regulatory Authority of India (Trai) is conducting its first review of these tariffs in more than a decade, which could slash price caps that have been unchanged since 2014.The total revenue earned by service providers from DLCs in FY 2023–24 is around ₹13,300 crore, which is approximately 60% higher than the revenue earned in FY 2012–13, according to Trai.Mobile operators, including Reliance Jio and Bharti Airtel, are defending their turf, arguing that government intervention would amount to a subsidy for Big Tech.

Last week, India’s statistics ministry released its first estimates of gross domestic product (GDP) and other associated national accounts data with 2022-23 as the base year for a new GDP series. This is the second major economic indicator after the consumer price index (CPI) to have seen a base revision. Both these indicators had been using 2011-12 as base year, rendering them more than a decade old.

₹9,200 crore, in annual revenue by 2030, by which time it aims to build 350 megawatts (MW) of operational capacity. The strategy contrasts with peers announcing gigawatt-scale investments, even as demand for AI infrastructure accelerates across the country.“We of course hope that in the next five years, we can scale our business up to $1 billion in annual revenue.

Revised estimates of India’s gross domestic product (GDP) released on Friday by the statistics ministry show a slightly smaller output pie than previously estimated, but testify to the Indian economy’s resilience. The new GDP series with 2022-23 as its base year pegs growth in 2025-26 at 7.6%, higher than 7.4% estimated under the old series with base year 2011-12. The slowdown of 2024-25 also turns out far milder, with GDP expansion slowing to 7.1% from 7.2% the year before, instead of 6.5% from 9.2%.

Bharti Enterprises founder and chairman Sunil Bharti Mittal has said that members of the next generation of the Bharti family will become more visible ‘at the shareholders’ table’ in the coming years, signalling a gradual succession plan within the group.Mittal said the younger family members would be mentored by him, executive vice-chairman Gopal Vittal, and the senior leadership team as they gradually assume larger roles. The comments offer the clearest indication yet of how succession planning is evolving at the Bharti Group, signalling continuity while retaining professional management oversight at one of India’s largest telecom and diversified business conglomerates.Speaking about succession planning as he approaches 70, Mittal said in a recent investor call with analysts that he still has ‘some years left’ to contribute to Bharti Airtel and Bharti Enterprises.“The next generation of my family—a larger family—is all building muscle in different forms and shapes.

How to access: Install "Claude by Anthropic in PowerPoint" from the Microsoft AppSource Marketplace. Available on Pro, Max, Team, and Enterprise plans.• Generate complete slides from a natural language description, using your existing template• Convert bullet-heavy slides into editable diagrams, process flows, or charts - not static images• Rewrite and restructure a deck's storyline without touching the formattingExample: A strategy team needs to present a market entry proposal to leadership by morning.

The AI scare has come knocking on the doors of Indian IT sooner than expected. Spooked by rapid advances in agentic AI, the Nifty IT has erased 20% of investor wealth this month, even as the broader market has remained flat.But as doomsday theories proliferate, the other side of the story is being ignored – that AI’s impact will be multi-layered and will depend on how India Inc adapts. Let’s discuss.

Tata Sons, and Nandan Nilekani, chairman of Infosys, struck a more optimistic note, arguing that IT services firms would remain relevant, playing a critical role in integrating AI technologies into clients’ back-end systems.Amid deepening fault lines, at least two IT CEOs put on a brave face during the Nasscom event, hinting at a turbulent short-term outlook.While Vijayakumar highlighted the human cost of automation, Tata Consultancy Services' (TCS) K. Krithivasan pointed towards revenue cannibalization.“See, we don't have to really incentivize because everybody wants to learn this tech.

Big Tech’s acceleration of Agentic AI hangs like a sword of Damocles over traditional IT services. Consequently, global tech and Indian IT stocks lurch between optimism and unease as investors weigh the impact of these artificial intelligence (AI) tools on a services model built largely on billing human effort. The debate has moved beyond incremental automation to deeper concern over AI agents that can generate code, test applications and manage infrastructure.

NEW DELHI: Global investors have a positive outlook on India because of a stable, enabling environment and a pro-business approach in emerging sectors such as artificial intelligence data centres and processing of rare earths and critical minerals, the Asian Development Bank said.The multilateral bank’s private sector investment operations in India, a key part of its global investment portfolio, will continue to go up in sectors including renewable energy and financing of micro, small and medium enterprises, Isabel Chatterton, ADB’s director general of private sector operations department, said in an interview. Microfinance, agriculture, skilling and affordable housing too are areas that ADB finances.A fifth of ADB’s global investments is in India.

Subscribe to enjoy similar stories. On 14 February, the boards of Religare Enterprises Ltd (REL) and Religare Finvest Ltd (RFL) approved a demerger of its insurance and financial services businesses into two separate listed entities. REL will retain control of Care Health Insurance, while lending, broking, investment, and ancillary activities would be transferred to RFL.

Subscribe to enjoy similar stories. Artificial intelligence (AI) has come for the software industry. Since early January, software stocks across the world have tumbled sharply on investor fears that much of the business that software companies do will be taken over by AI, and by new AI giants such as Anthropic and OpenAI, among others.

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UPL Ltd plans to spin off and list its crop protection business as an independent entity, as part of a strategy to create the world's second-largest agrochemical firm. The Mumbai-headquartered company announced on Friday a three-step restructuring plan to consolidate its domestic and international pesticide units into a single global entity.This restructuring was undertaken in 2022 when the country’s largest agro-chemicals firm brought in private equity giants into three of its businesses.Under the three-step process, UPL Ltd will first merge its India crop protection subsidiary, UPL Sustainable Agri Solutions, with its parent.

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Subscribe to enjoy similar stories. At the India AI Summit, a less discussed but foundational piece of the AI stack broke into the headlines. Mumbai-based AI infrastructure startup Neysa announced a $1.2 billion capital raise led by alternative asset manager Blackstone, among the largest funding rounds in the country’s AI infrastructure sector.

Subscribe to enjoy similar stories. The Nifty IT index has fallen sharply this month as AI disruption fears have hit investor confidence, erasing significant market value from tech majors. Broad sell-offs have been linked to developments in AI tools that could automate traditional IT services, triggering volatility across IT and tech-related stocks.