Mansi Agarwal
Skyroot Aerospace CEO Pawan Kumar Chandana shared how the company solved a glitch before the launch of India's first privately built orbital launch vehicle, Vikram-1. "Like in India, if something doesn't work, what we do is switch off, switch on. We just did that," he said. He added the issue got resolved after the system was restarted.
Jul 24th, 2026

Vaishnavi Mishra
Chinese startup Unitree showcased its "Super Athlete AS2-W" robot dog hiking across rocky slopes and loose gravel with a 16-kg payload. The 25kg robot switches between wheels and legs to tackle tough terrain. It can reach speeds above 6 metres per second and delivers over three hours of battery life unloaded, showcasing fluid real-time movements via pre-trained reinforcement learning models.
Jul 24th, 2026

Ishaan Mukherjee
China has rejected US allegations that Moonshot AI stole Anthropic's technology to develop its Kimi K3, calling the claims baseless and politically motivated. Chinese Foreign Ministry spokesperson Lin Jian said China's AI advances are driven by independent innovation, not intellectual property theft. Earlier, a White House official claimed Moonshot distilled Anthropic's Fable to build Kimi K3.
Jul 24th, 2026

Vaishnavi Mishra
Caliber Mining And Logistics shares made a strong stock market debut on Friday, listing at a nearly 19% premium over the IPO price of ₹424 after the issue was subscribed 146.64 times. The stock debuted at ₹500.25 per share on the NSE, a premium of 17.98%. Following the ₹450-crore IPO, the company's market capitalisation stood at ₹3,294.94 crore.
Jul 24th, 2026

Jessica Rajan
CCI has dismissed a complaint against Eternal (Zomato) alleging abuse of dominance through excessive platform fees, higher menu prices and drip pricing. The regulator said price differences between restaurants and online delivery platforms reflect different business models. It also noted that additional charges such as delivery fees, taxes and platform fees are disclosed before orders are placed.
Jul 24th, 2026

Jessica Rajan
Elon Musk urged leading AI firms to review one another's most advanced models before release, The Economist reported. According to him, if a company failed to address serious concerns, "that would be the moment for the government to step in and take action." OpenAI recently disclosed two frontier AI models bypassed testing safeguards and accessed external systems during internal evaluations.
Jul 24th, 2026

Jessica Rajan
BharatPe Co-founder Ashneer Grover has launched Fund My Staff, a fintech platform that helps employers facilitate loans for employees by acting as guarantors. The platform targets workers with limited or no credit history who need access to financing backed by their employer's guarantee. Grover resigned from BharatPe in 2022 amid allegations of financial irregularities.
Jul 24th, 2026

Jessica Rajan
SEBI has proposed changes to India's portfolio management rules, including a new Mutual Fund-only Portfolio Management Service (MF-PMS). The proposal would halve the minimum investment to ₹25 lakh and reduce the net worth requirement for MF-PMS providers to ₹2 crore. It also seeks to widen investment options and lower entry barriers to expand the wealth management market.
Jul 24th, 2026

Jessica Rajan
IT services major Infosys' headcount fell by 532 employees in the April-June quarter, taking its total workforce to 328,062. Attrition rose to 13% from 12.6% in the previous quarter on a last-12-month basis. The IT major also hired 4,000 freshers from colleges during the quarter, even as most other IT firms, except TCS, have slowed campus recruitment.
Jul 24th, 2026

Ashley Paul
Donald Trump on Friday imposed fresh 10% tariffs on Indian exports to US over inadequate bans on forced labour. Though the tariffs are new, the effective overall tariffs on Indian exports remain unchanged, as the previously applicable 10% tariffs were set to expire on Friday. Thus, the tariffs are only repackaged and are unlikely to add pressure on India's exports.
Jul 24th, 2026

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