Innovations Financial News

18.03 / 10:49
markets Manufacturing security War innovations Equality Shark Tank India: Rejected Rs 10 Cr offer, aims for Rs 1,000 Cr empire. Pallavi’s eco-friendly plastic pitch sparks a bidding war
Pallavi, turned the tables on the sharks in the latest episode of Shark Tank India. Walking into the tank seeking investment for her biodegradable plastics business, she left with a deal far beyond her original ask. The judges, known for grilling contestants, found themselves in an unexpected bidding war, each vying for a piece of her “earth-shattering” innovation. Pallavi’s startup specializes in biodegradable plastics that are not only environmentally friendly but also significantly cheaper than existing alternatives. Her products have already gained traction, securing deals with major clients like Maruti Suzuki and Berger Paints. But what truly set her apart was the immense potential of her technology, which extends beyond plastics to paints and emulsions. Recognizing the scale of her vision, investor Anupam Mittal of Shaadi.com described it as a once-in-50-year breakthrough, comparing it to transformative inventions like the telegraph and computer chips.
18.03 / 10:49
UPS Target Sustainability Enterprise stage innovations Brigade and Gruhas launch Rs 300 cr Earth Fund to drive real estate tech and sustainability solutions
Brigade Group, a real estate developer, and Gruhas, the investment arm of Zerodha co-founder Nikhil Kamath and Abhijeet Pai, have launched India’s first real estate tech and sustainability-focused investment fund—The Earth Fund. The Rs 300 crore fund, set up under Zoiros Projects Private Limited, includes a Rs 200 crore SEBI-registered Category II Alternative Investment Fund (AIF) and a Rs 100 crore green-shoe option. The Earth Fund aims to support startups that address challenges in the built environment through innovation and sustainable solutions. The fund will target early-stage tech startups, specifically those in Pre-Series A and Series A stages, working on real estate, construction, and sustainability solutions.
18.03 / 02:09
markets economy Sustainability Trade show inclusion innovations Slovenia's Koper Port to complement India Middle East Europe Economic Corridor
Slovenia’s possible participation in IMEEC represents an opportunity to position itself as an important route between India and the markets of Central and Eastern Europe. Slovenian Port Koper could represent a strategic gateway for logistic hub for goods distributions to these markets.
18.03 / 01:11
markets Target Platform security Mobile innovations Updates Protectt.ai raises $8.7 mn in funding round led by Bessemer Venture Partners
Subscribe to enjoy similar stories. Mobile apps cybersecurity startup Protectt.ai said on Monday it has raised around $8.7 million at an undisclosed valuation in a Series-A funding round led by global venture capital firm Bessemer Venture Partners (BVP). The Mumbai-based company aims to use the funds to drive global expansion, undertake product innovation and nurture talent.
18.03 / 00:47
markets COST CEO Enterprise Cycling innovations NTT CEO on China’s AI shift, India expansion, and future of data centers
inferencing hardware, said Abhijit Dubey, global CEO of the Japanese data centre giant NTT DATA. “I think it (impact) is far more fundamental. It demonstrated that the unit cost economics are significantly lower from a training and inferencing standpoint. Number two, it demonstrated that open source is viable. And number three, that there's a lot more value in inferencing than just pure training.” However, despite the Chinese disruption, NTT has not recalibrated capex plans for data centres and the industry is undergoing a boom cycle, he said. Globally, NTT has committed to invest 8 trillion Yen ($59 billion) between FY2023 to FY2027 in data centres and AI.
18.03 / 00:47
UPS Digital electronic innovations reports Department Hit a regulatory bump? Interministerial panel set up to address fintech troubles
inter-ministerial committee to address issues being faced by the country’s fintech industry that has run into multiple regulatory hurdles over the past few years. The committee comprises representatives from the Department of Financial Services, Department of Economic Affairs, NITI Aayog, Ministry of Electronics & Information technology (MeitY), Department for Promotion of Industry and Internal Trade (DPIIT), Department of Economic Affairs (DEA), the Reserve Bank of India, markets regulator Sebi and founders of fintech firms Billdesk, Acko General Insurance, Groww, and Jupiter. ET has reviewed an order for the same issued by the financial services department on March 17.
17.03 / 20:15
COST Platform security innovations Department prevention Public Sector Banks must focus on capital strength, cost efficiency: Govt
Public sector banks must plan for appropriate and timely capital raising and strive to reduce intermediation costs to make banking products and services, particularly credit-related, affordable to the public, said M Nagaraju, secretary of the department of financial services on Monday. He was addressing bankers at the 77th annual general meeting of the Indian Banks' Association (IBA). «Each bank needs to identify its focus on building capacity and planning road maps for appropriate and timely capital raising or efficient allocation of resources, besides striving to bring down intermediation costs,» Nagaraju said. Speaking at the same event, State Bank of India chairman CS Setty said as new and unfamiliar industries emerge, banks must develop the expertise to assess these evolving business models and lending risks.
17.03 / 17:55
UPS Waves Google CEO NVIDIA innovations Nvidia poised to shake up AI again with new chip unveiling at GTC by Jensen Huang; here’s what to expect from the tech giant’s game-changing innovations
Blackwell Ultra GB300 AI chip, developments in quantum computing, and new AI-driven innovations in robotics, autonomous systems, and data centers.
17.03 / 10:09
awards performer innovations stars Features cricket athletics Skechers appoints Jasprit Bumrah as Brand Ambassador
elite cricket athletes by signing Jasprit Bumrah—one of the most celebrated cricketers and a globally acclaimed pace powerhouse. The India National Team and Mumbai Indians bowler now competes in Skechers Cricket footwear and will feature in Skechers marketing campaigns, supporting the brand’s performance and lifestyle collections. Bumrah joins a Skechers roster that already includes cricket stars Ishan Kishan and Yastika Bhatia, who have been competing in the brand’s innovative footwear for the past year.
17.03 / 10:09
markets Blockchain Platform community Trade innovations Features Next promising crypto: Three future performers to watch now
Dawgz AI represents an innovative crypto through its cryptographic merger of artificial intelligence (AI) and blockchain technology to improve trading methods. Other projects compete for market dominance. What unique feature does it bring that makes it a promising investment? In this article, we pinpoint three next big crypto that investors can consider to track. What makes any crypto a «future giant»?
17.03 / 08:15
markets Provident Digital Gap Strategy Experts innovations Elevate your leadership with AI: IIM Indore’s digital transformation programme
Certificate Programme in Digital Transformation and AI for Leaders equips professionals with essential skills to leverage AI for strategic innovation. This comprehensive programme provides deep insights into AI-driven decision-making, business model innovation, and process reengineering, making it a must for future-ready leaders.
17.03 / 05:13
Progressive Tesla President Doge innovations Podcasts PM Modi hails Elon Musk's DOGE Mission on Lex Fridman podcast, recalls decade-long bond with Tesla chief
Elon Musk and spoke at length about India’s role in global technological advancement. Noting that his recent meeting with Musk was warm and personal, Modi recalled his decade-long association with the Tesla boss. «I've known him since my time as chief minister. He was there with his family and children, so naturally the atmosphere felt so warm and friendly. Of course we had discussions and we talked about many different topics,» PM Modi said in the MIT podcast. The Prime Minister also praised Musk’s DOGE (Department of Government Efficiency) Mission, saying it reflects a shared spirit of innovation. «Of course, we had discussions and we talked about many different topics. Now, with his DOGE mission, he is incredibly excited about how it's progressing and honestly, it makes me happy, too,
16.03 / 11:55
Research Experts country innovations Features peace Raisina Dialogue: PM Modi to open summit in presence of several world leaders; here's all you need to know
Raisina Dialogue on Monday, marking India's premier conference on geopolitics and geo-economics. The Raisina Dialogue is organized by the Observer Research Foundation (ORF) in collaboration with the Ministry of External Affairs (MEA). According to the MEA, the conference will host representatives from around 125 countries, encompassing foreign ministers, former heads of state, military leaders, industry executives, technology innovators, academics, journalists, and experts in strategic affairs. Notably, foreign ministers from 20 nations are confirmed to attend. The Ukrainian foreign minister's visit coincides with intensified US efforts to broker a temporary ceasefire between Ukraine and Russia amidst ongoing hostilities. Here's all you need to know
16.03 / 09:47
Digital awards WhatsApp innovations International PM Modi hails RBI for being selected for Digital Transformation Award
Narendra Modi on Sunday hailed as a «commendable accomplishment» the Reserve Bank of India being selected for the Digital Transformation Award 2025, and said it reflects an emphasis towards innovation and efficiency in governance. In a post on X, the Reserve Bank of India (RBI) said it has been selected for the Digital Transformation Award 2025 by Central Banking, London, UK.
16.03 / 09:47
UPS Food PepsiCo trends country innovations Profiles Potential in snacks & packed food business, innovating portfolio for Indian taste: PepsiCo
Jagrut Kotecha said. Pepsico will expand its snacks business in India, as consumption is very low vis-a-vis other countries and with growing urbanisation and more money coming in the pockets with a growing economy, Kotecha expects consumption of packed foods to increase. PepsiCo, the makers of Kurkure and Lays, has internally divided India into nine clusters to match the regional taste buds of «multiple Indias», he said, adding «if you say it's just one India, I think we are not doing enough justice to it.» «You need to design your portfolio, keeping those consumers of India like multiple Indias. So that's on being consumer-centric and starting to work and drilling down on that. And then understanding what the trends are in terms of taste, profile, health and wellness,» Kotecha told PTI.
16.03 / 07:29
CEO Remark Trade innovations Features Nikhil and Nithin Kamath gift Mercedes worth Rs 1.5 crore to mother Revathi
Zerodha co-founders Nikhil Kamath and Nithin Kamath recently surprised their mother, Revathi Kamath, with a luxurious new Mercedes, turning the occasion into an unforgettable family moment. Adding a cultural essence to the gift, they presented the car keys in a ceremonious manner, emphasizing deep-rooted traditions. Revathi Kamath took to Facebook to share her overwhelming joy, expressing her gratitude for the thoughtful present. She enthusiastically wrote about the special moment, highlighting the significance of the traditional customs that accompanied it. In the images she posted, her happiness was palpable as she received the keys to her brand-new car, along with a symbolic peta (a traditional headpiece) and shalu (a ceremonial shawl), both of which represent respect and honour in Indian culture. The newly gifted car is believed to be a Mercedes GLS, a high-end full-size SUV renowned for its elegance, cutting-edge features, and supreme comfort. Often dubbed the 'S-Class of SUVs,' this luxury vehicle offers an opulent interior, an advanced infotainment system, and a commanding road presence. With an estimated price tag exceeding Rs 1.5 crore, the car embodies prestige and sophistication, making it a fitting tribute to the Kamath brothers' admiration for their mother.
16.03 / 05:33
FIVE WhatsApp social innovations information reports International Can technology help more survivors of sexual assault in South Sudan?
Five months after the assault, she lay on a mat in a displacement camp in South Sudan's capital, rubbing her swollen belly. «I felt like I wasn't heard… and now I'm pregnant,» she said. The Associated Press does not identify people who have been raped. Sexual assault is a constant risk for many women in South Sudan. Now one aid group is trying to bridge the gap with technology, to find and help survivors more quickly. But it's not easy in a country with low connectivity, high illiteracy and wariness about how information is used. Five months ago, an Israel-based organization in South Sudan piloted a chatbot it created on WhatsApp. It prompts questions for its staff to ask survivors of sexual assault to anonymously share their experiences. The information is put into the phone while speaking to the person and the bot immediately notifies a social worker there's a case, providing help to the person within hours. IsraAID said the technology improves communication. Papers can get misplaced and information can go missing, said Rodah Nyaduel, a psychologist with the group. When colleagues document an incident, she's notified by phone and told what type of case it is.
16.03 / 05:33
security awards Stealth War country innovations Department Pravaig's all-terrain stealth vehicle undergoes military trials, gets iDEX recognition
iDEX award from the Ministry of Defence. «In a major step towards strategic autonomy, Pravaig has won the prestigious iDEX Award for its VEER Electric Tactical All-Terrain Vehicle (E-TATV) — a cutting-edge, highly stealthy vehicle designed for forward patrolling, reconnaissance, and ISR operations,» Pravaig Dynamics said in a post on X. Atima Corporation, a wholly-owned subsidiary of Pravaig, won the iDEX Award by the Defence Innovation Organisation (DIO), under the aegis of the Department of Defence Production in the Ministry of Defence, «for deepening India's sovereignty by building cutting-edge defence technologies and reinforcing the country's strategic autonomy.» The scheme for iDEX-Innovations for Defence Excellence was launched in May 2021 by DIO to foster innovation and technology development in the Defence sector. The mission is to build, own and operate India's defence technology. The award is considered the first step towards induction into Indian Defence Services. Pravaig said technology dependency on foreign entities proved to be an Achilles' heel for not just Ukraine, but even for India, as evidenced by the GPS denial by the US during the Kargil War.
16.03 / 05:01
Provident country social electronic innovations testing Hyperloop tube in India to soon become world's longest at 410 Meters: Ashwini Vaishnaw
Ashwini Vaishnaw visited the Hyperloop testing facility at IIT Madras on Saturday and said that the Hyperloop tube, being developed with the help of the Indian Institute of Technology Madras, will soon be the world's longest tube, measuring 410 meters in length. The 410-meter-long Hyperloop test tube located at IIT Chennai is already the longest Hyperloop test facility in Asia. Hyperloop is a high-speed train that runs in a vacuum in a tube. Union Minister Ashwini Vaishnaw on Sunday in a social media post added, «Longest Hyperloop tube in Asia (410 m)… soon to be the world's longest.»
15.03 / 17:39
markets COST UPS Research innovations reports Pharmaceuticals China’s biotech is redrawing the global pharma map; what India can learn
China though it has not got the sensational public attention the AI model received. China’s biotech research is redrawing the global map. The axis of innovation is tilting from the West to Beijing. Scores of small biotech startups, which have sprung up across China over the last decade, are coming up with medical breakthroughs. Impressed by the speed of drug research and new treatment modalities, global pharmaceutical companies are throwing princely sums to buy leads, which have the potential to be drugs. There is a big lesson or two here for India, which has been prioritising generics over innovation. The quiet change in China is stark. Barely two decades ago, it was looked down as a big factory for low-cost production of chemicals and raw materials for the pharmaceutical industry. Now savvy and young scientists, trained in the US and Europe, are regrouping in their home turf. Popularly referred to as sea turtles (which return from the sea to the beach to lay eggs), they come back with their knowledge of science and business. This disruption has become an existential risk for the centuries-old, entrenched American and European pharmaceutical industries.

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