Sakshita Khosla
Defence Ministry is discussing a proposal from Indian Air Force (IAF) to acquire 114 'Made in India' Rafale fighter jets, reports said. The aircraft would reportedly be built by French firm Dassault Aviation, in collaboration with Indian companies, in a deal estimated to be worth over ₹2 lakh crore. They're expected to include over 60% indigenous components, the reports said.
Sep 12th, 2025
Bhawana Chaudhary
Gautam Adani's efforts to get bribery charges, levelled by US authorities, dropped have stalled amid India-US tensions over tariffs, Russian oil purchases, and India-Pakistan conflict resolution, Bloomberg reported. US officials signalled to Adani's representatives that charges won't be dropped until tensions remain high. Prosecutors, meanwhile, continue to pursue criminal case against Adani.
Sep 12th, 2025
Ishita Ranganath
India's forex reserves jumped by $4.038 billion to $698.268 billion during the week ended September 5, said RBI data. It further stated, foreign currency assets, a major part of the reserves, increased by $540 million to $584.477 billion. While gold reserves increased by $3.53 billion to $90.299 billion, Special Drawing Rights (SDRs) were down by $34 million to $18.742 billion.
Sep 12th, 2025
Infosys has announced its largest-ever share buyback worth ₹18,000 crore, to be executed via the tender offer route. It will repurchase 10 crore fully paid-up equity shares—about 2.41% of its paid-up equity capital—at ₹1,800 per share, a 19% premium over its previous closing price. The move signals management’s confidence despite subdued revenue growth.
Sep 12th, 2025
PeakAmp, an Indian battery circularity startup, raised ₹12 crore ($1.37 mn) in a seed round led by Caret Capital with IIMA Ventures, angel Basant Sharma, and clean-tech investors. Founded in 2024, it delivers end-to-end solutions for collection, segregation, second-life reuse, and high-purity recovery of lithium-ion batteries, supporting circular economy goals and India’s energy sovereignty.
Sep 12th, 2025
Bhawana Chaudhary
At least four Indian real-money gaming startups have lost their unicorn status following the government's ban on online real-money gaming. These include Dream11, Games24x7, Gameskraft, and Mobile Premier League (MPL), according to the ASK Private Wealth Hurun India Unicorn and Future Unicorn Report 2025. Valuations of non-unicorn startups Zupee and Winzo Games also impacted by the ban.
Sep 12th, 2025
Chatzy.ai founder Rohit C has alleged that some top Bengaluru hospitals are exploiting patients with unnecessary tests and fear-driven advice. He cites two cases, a false tumour scare and an avoidable finger surgery, warning outsiders to always seek second opinions. His post has sparked debate on overdiagnosis, medical ethics, and patient trust in urban healthcare systems.
Sep 12th, 2025
Gen Z is transforming work culture, prioritising mentorship, growth, and flexibility over higher pay. With 83% upskilling and 91% self-funding, they value learning and transparency. They want hybrid roles, open communication, and ethical alignment. Startups that invest in mentorship, inclusivity, and career progression will retain ambitious young talent, while rigid workplaces risk losing them.
Sep 12th, 2025
In e-commerce, AI improves inventory management, fraud detection, and logistics optimisation. Recommendation engines personalise shopping, while predictive models forecast demand and dynamic pricing. AI chatbots reduce customer service load, and image recognition supports visual search. Together, these innovations cut costs, reduce returns, and improve customer satisfaction.
Sep 12th, 2025
As per experts, micro venture capital funds invest smaller amounts at the seed or pre-Series A stage, often taking bigger risks on founders. They provide mentorship, connections, and speedier decision cycles than large VCs. For startups, micro VC funding bridges the gap between angel investment and institutional rounds, enabling product development and market validation without heavy dilution.
Sep 12th, 2025
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