Ishaan Mukherjee
The Centre is considering raising the FDI approval threshold, requiring Cabinet Committee on Economic Affairs (CCEA) clearance to ₹15,000 crore from ₹5,000 crore, PTI reported. If implemented, the move could boost large investments, reduce bureaucratic delays and make India more attractive to foreign investors. The existing limit has remained unchanged since November 2015.
Aug 9th, 2026

Bhawana Chaudhary
Europe's largest technology company SAP suspended hiring and travel for employees last month in an attempt to save money for AI, according to an internal memo. SAP is reportedly rolling out an AI tool to the entire company which is expected to massively increases the costs. Only AI-related hiring or trips linked to AI development are exempt from the restrictions.
Aug 9th, 2026

Ishaan Mukherjee
The ED has filed a case against Anil Ambani-led Reliance Infrastructure, Sateesh Seth and others in an alleged ₹187-crore money laundering case ED alleges funds were diverted from four NHAI-funded toll road projects through sham and backdated subcontracting arrangements for work that allegedly didn't take place. The money was allegedly later routed through shell companies and diamond traders.
Aug 9th, 2026

Ishaan Mukherjee
Apple is testing memory chips from China's CXMT for its iPhones and MacBooks amid a global component shortage triggered by the AI boom, WSJ reported. The firm has also held preliminary talks with CXMT about supplying these components for devices sold in China. The Chinese firm is also reportedly considering building a second memory chip plant in Beijing.
Aug 9th, 2026

Bhawana Chaudhary
A woman with Type I diabetes alleged that PVR-Inox cinema staff in Noida denied her entry for carrying an emergency kit. "The manager even said, 'If you've this condition, you shouldn't come to watch a movie.' This is discrimination," she added. The emergency kit she was carrying is used during episodes of hypoglycaemia, when blood sugar levels fall dangerously low.
Aug 9th, 2026

Ishaan Mukherjee
Irregular, an Israeli AI startup operating cybersecurity testbeds to assess models for vulnerabilities, has been linked to rogue AI incidents involving OpenAI, Anthropic and Meta. The models accessed internet-connected websites that were supposed to be off-limits during testing, with the startup hosting the testbed. OpenAI said a misconfiguration in Irregular's testbed gave models internet access.
Aug 9th, 2026

Mansi Agarwal
OpenAI executive Thibault Sottiaux hit back at Anthropic's Boris Cherny after the latter offered him a job amid a clash, saying, "I'm not going anywhere." The spat began after an X user tagged Sottiaux and claimed Anthropic suspended his account for running GPT-5.6-Sol on Claude Code. Responding, Sottiaux said, "I would love to help, but I don't work at Anthropic."
Aug 9th, 2026

Ishaan Mukherjee
Sankalp Shree, co-founder of Gurugram-based startup Spectent, said a scammer impersonated him via email and tried to dupe an employee into buying ₹25,000 worth of gift vouchers. The scammer asked the employee to buy five ₹5,000 gift vouchers, saying he wanted to surprise some "hardworking employees". The scammer also promised to reimburse the amount by the end of the day.
Aug 9th, 2026

Ishaan Mukherjee
Civil Aviation Minister Ram Mohan Naidu handed over the approval for India's third electric vertical take-off and landing (eVTOL) Design Organisation Approval to Bengaluru-based startup Sarla Aviation. The firm's aircraft will carry six passengers and a pilot, using seven electric motors for lift and forward propulsion. Naidu said India aims to have electric air taxis flying by 2028.
Aug 9th, 2026

Vaishnavi Mishra
OpenAI Codex chief Thibault Sottiaux and Anthropic Claude Code head Boris Cherny clashed online after a user claimed Anthropic suspended his account for running GPT-5.6-Sol on Claude Code. "I'd love to help, but I don’t work at Anthropic," Sottiaux told user. "We're hiring if you..[want] to work!” Cherny replied, denying that Anthropic bans users for using harnesses with other models.
Aug 9th, 2026

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