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Mint.Other action points listed in the minutes include: trimming state-owned Bharat Sanchar Nigam Ltd (BSNL)'s workforce, securing national networks, a roadmap for component localisation, and resolving issues in the undersea cable industry. SIM cards should be issued only on the basis of Aadhaar cards after biometric verification, it noted.Most countries tax income of companies that have data at the core of their business or some try to reduce screen usage in other ways with restrictions on timings of gaming services or age of consumers."Any kind of taxes on data usage would be impossible to implement.

NEW DELHI: The Centre’s second e-bus tender under the ₹10,900 crore PM E-Drive scheme, for 2,900 e-buses in Ahmedabad, Hyderabad, Pune, and Mumbai, and 3,330 buses in Delhi has been deferred by one month.The tender for 6,230 e-buses opened for manufacturers and operators on 9 January this year, and was scheduled to close on 10 March. But a 6 March notification by Convergence Energy Services Ltd (CESL), the government’s demand aggregation agency, showed the closing date was deferred to 9 April.

Mint.With BluSmart, Eversource aims to enter consumer mobility, expanding beyond the business-to-business fleet (B2B) model of Lithium Urban Technologies into the business-to-consumer (B2C) ride-hailing market, one of the people cited above said. Both people requested anonymity.Since the plan involves assets under insolvency proceedings, no valuation has been discussed at this point, the other person said.

AI-native startups are now trying their luck in astrology, aiming to supplement or replace current aggregator business models with hyper-personalised algorithms with greater accuracy.Currently, market leaders in faith-tech, such as AstroTalk and InstaAstro, rely on the marketplace model, using their platforms as intermediaries between users and astrologers and charging both.However, as startups such as Melooha, AstroSage AI, Vaya, AstroSure AI, and HiAstro, among others, continue to attract modest cheque sizes, questions are likely to persist over how real their disruption will prove to be and whether they can scale meaningfully.Data from Venture Intelligence shows that among the top 10 deals between 2023 and 2025, the two largest went to AstroTalk: a $20 million round in February 2024 from Left Lane Capital, followed by a $14 million cheque in June that year from Elev8 Venture Partners and Left Lane Capital.Apart from that, most rounds have been under $5 million. HiAstro has raised $4 million from AdvantEdge Partners and others.

Slow capital expenditure by the government in Q3 amid elusive private capex, a high credit-deposit ratio, the rupee continuing to underperform among EM peers even as foreign portfolio investors have turned net buyers in equities, and manufacturing activity cooling, here are five signals from the economy this month.After maintaining a high level of capital expenditure in the first half of the current financial year, benefitting from a low base, the Centre fell short in the third quarter of the financial year.This, economists said, proved to be a drag on the Indian economy, which is expected to see a slower growth of 7.4% in Q3 compared to 8.2% in the previous quarter. The Centre’s capex declined 23.4% year-on-year in Q3 compared to a growth of 30.7% in the previous quarter.To be sure, the decline has come against the backdrop of high capex during the same quarter last year, following a delayed spending due to Lok Sabha elections.

New Delhi/Bengaluru: Embattled entrepreneur Bhavish Aggarwal-owned artificial intelligence venture, Krutrim, is being propped up almost entirely by business routed through venture-capital- and public-investor-backed Ola companies — raising fresh questions among experts over governance and the use of shareholder-backed resources to support a promoter-owned unit.Krutrim SI Designs Pvt Ltd, which Aggarwal set up through his family office in the summer of 2023, reported revenue from operations of ₹101.7 crore for the year ended March 2025, according to its financials filed with the ministry of corporate affairs. Of this, ₹90.8 crore or 90% of revenue came from two group entities: Ola Electric Mobility and ANI Technologies.Ola Electric Technologies Pvt Ltd, the wholly-owned subsidiary of Ola Electric Mobility Ltd, accounted for ₹23.87 crore, while Ola Cell Technologies Pvt Ltd, the other subsidiary of the listed company, brought in ₹2.29 crore, according to the review of the financials by Mint.

History is not a catalogue of inventions. It is a record of how societies adapt—or fail to adapt—to them.Every major technological revolution has followed a similar arc. First comes the breakthrough.

Subscribe to enjoy similar stories. New Delhi/Mumbai: In December 2024, industrialist Sajjan Jindal declared that steelmaker JSW would soon have its own automobile brand. “Our idea is not to be an outpost of a Chinese company to sell products in India," Jindal told the Financial Times.

Subscribe to enjoy similar stories. Imagine owning a piece of a luxury apartment in Mumbai or a high-yield property in Pune with the same ease as buying a sachet of shampoo or a plate of dosa. This vision of "miniaturizing" wealth was in the spotlight at the Mint Money Festival 2026, held on 14 February in Mumbai.

Subscribe to enjoy similar stories. New Delhi: Ola Electric Mobility Ltd’s ever-changing commentary on every aspect of the business has left industry observers and analysts questioning the company’s future.

Subscribe to enjoy similar stories. India’s climate policy has entered a decisive phase. The country must sustain rapid economic growth while managing mounting climate risks that threaten infrastructure, agriculture, energy security and urban resilience.

Subscribe to enjoy similar stories. Lightspeed-backed Exponent Energy, a maker of batteries and equipment that allow rapid charging of electric three-wheelers, is setting up a subsidiary that will offer an innovative pay-as-you-go financing model to help expand its business across the country, according to top company executives. The finance subsidiary, Exponent One, will allow operators of autorickshaws to repay loans based on vehicle usage and their daily earnings instead of fixed equated monthly instalments.

Subscribe to enjoy similar stories. Last week, Amul launched Sarlaben, an AI-powered digital assistant for dairy farmers in Gujarat. It will benefit over 3.6 million milk producers, most of them women, across more than 18,500 villages.

Subscribe to enjoy similar stories. NEW DELHI : The electronics sector has emerged as India's second-largest export segment after petroleum products, but sustaining this momentum will require a shift from assembly-led growth to deeper component manufacturing and a stronger integration into global value chains for higher value goods, Niti Aayog said in the sixth edition of its Trade Watch Quarterly (Q2 FY26) on Friday.

Subscribe to enjoy similar stories. NEW DELHI : The national capital, India’s largest market for electric buses, has been included in the PM e-Bus Sewa-Payment Security Mechanism (PSM) Scheme that has already onboarded 15 Indian states, two government officials aware of the development said. The Centre has also released the first tranche of ₹500 crore for the ₹3,435.33-crore scheme, envisioned to provide payment security in the event of default by public transport authorities (PTAs) to e-bus bidders, operators, or original equipment manufacturers, the people added, on the condition of anonymity.

Subscribe to enjoy similar stories. NEW DELHI : India’s telecom sector growth slowed to a six-quarter low in the December quarter despite higher data consumption and growth in home broadband subscriptions, as the benefits of earlier tariff hikes had largely run their course, analysts said. During the third quarter of 2025-26, the telecom operators’ revenue rose 2% quarter-on-quarter and 9% year-on-year to ₹72,700 crore.

Subscribe to enjoy similar stories. New Delhi is supercharging the four testing agencies behind India's vehicle standards, crash tests and technology research, at a time new power trains and connectivity tech crowd the automotive assembly line.

Subscribe to enjoy similar stories. The economic survey and the budget underscored the importance of India’s “orange economy", explicitly acknowledging its potential as an engine of growth. Budget 2026 proposed an outlay of ₹250 crore for talent development in the animation, visual effects, gaming and comics (AVGC), which can be classified as “orange economy" sectors.

Subscribe to enjoy similar stories. Bertelsmann Next, the mid-market and acquisition investment vehicle of Germany-based media, services and education conglomerate Bertelsmann announced its entry into India with the acquisition of logistics marketplace Let's Transport. “In the US and Europe, where the startup ecosystem is mature, founders prefer to work with conglomerates, where they get substantial benefits.

Subscribe to enjoy similar stories. NEW DELHI : India’s state-run non-bank lender for housing and urban projects plans to raise $2 billion from multilateral agencies and through foreign-currency borrowing to fund modern infrastructure projects in cities, according to a top executive. Housing and Urban Development Corp.

Subscribe to enjoy similar stories. Bharti Airtel Ltd’s consolidated Ebitda for the December quarter (Q3FY26) grew by 4.1% sequentially to ₹30,783 crore. India's mobile services Ebitda crawled up by 2.2% quarter-on-quarter (q-o-q), but the metric for the Africa mobile business rose at a faster rate of 6.8% in constant currency.