Business, Tech and Finance

India
Joined July 2023
Shastra Pujan (To-Be)
A Dussehra tradition
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Prem Watsa graduated from IIT Madras.
Fairfax outlines post-IDBI Bank strategy - A new global bank Following Cabinet approval of the ₹52,878-crore acquisition of a 60.72% stake, Prem Watsa reiterated plans to build a “global Indian bank” integrating Digit insurance and IIFL Capital assets, with existing management continuity.
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When China was rising, US was looking elsewhere and was supporting it fully. The world now is much more cautious about the rise of India. But I think if we make it economically viable for them, capitalism will take care of some of this resistance.
China tightens export controls on key infrastructure machinery New restrictions on tunnel-boring machines and related equipment threaten to slow Indian infrastructure projects that rely on Chinese-sourced technology.
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Does anybody know if #Sarvam is working on a full fledged LLM?
Sarvam AI raises $234 million with HCLTech participation The sovereign-AI startup closed the first tranche of its Series B at a $1.5 billion valuation, with HCLTech taking a strategic minority stake to accelerate India-focused models and enterprise deployment.
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The whole gaming ecosystem in India needs more of such investment!
Krafton reaffirms additional $250 million India commitment The gaming and tech company signalled further capital for AI, robotics and deep-tech alongside its existing gaming investments, taking planned India outlays toward $500 million.
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This is Angad from the #ramayana movie. Kind of slick!
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The rails should support 450 kmph + even if we do not have that rolling stock today.
🚨 The proposed route of Delhi-Kolkata bullet train corridor.
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India's rise will be hinderered by everyone. China had a free run!
🚨 JUST IN: 🇨🇳 China Restricts Tunnel-Boring Machine Exports Sought by 🇮🇳 India China has announced export controls on tunnel-boring machines, citing national security, with restrictions taking effect on November 18. The move could affect India’s infrastructure projects, including metro, rail and border tunnels, as India relies on imported machines and has already faced delays in securing them from China.
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What a great insight!
Ravana had everything -brilliance, knowledge, power and wealth. Except the wisdom to know when he was wrong. He lost everything because he refused to reconsider one disastrous decision. " There is a little Ravana in every investor. " Investors don't always lose money because they lack knowledge. Sometimes they lose because they have too much conviction in a wrong decision. In investing, being right makes you money. Knowing when you are wrong saves your wealth. ✌️ Happy Vijayadashami 🙏
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Krafton reaffirms additional $250 million India commitment The gaming and tech company signalled further capital for AI, robotics and deep-tech alongside its existing gaming investments, taking planned India outlays toward $500 million.
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Sarvam AI raises $234 million with HCLTech participation The sovereign-AI startup closed the first tranche of its Series B at a $1.5 billion valuation, with HCLTech taking a strategic minority stake to accelerate India-focused models and enterprise deployment.
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Applied Materials commits $5 billion India semiconductor vision The US equipment major outlined a decade-long plan covering R&D, ecosystem scaling and talent under its India Vision 2035, including a new advanced research park.
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China tightens export controls on key infrastructure machinery New restrictions on tunnel-boring machines and related equipment threaten to slow Indian infrastructure projects that rely on Chinese-sourced technology.
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Fairfax outlines post-IDBI Bank strategy - A new global bank Following Cabinet approval of the ₹52,878-crore acquisition of a 60.72% stake, Prem Watsa reiterated plans to build a “global Indian bank” integrating Digit insurance and IIFL Capital assets, with existing management continuity.
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Tata Electronics and Intel deepen semiconductor collaboration Under a new MoU, the companies will explore manufacturing and packaging of Intel products at Tata’s upcoming Indian facilities while jointly developing tailored AI-PC solutions, strengthening domestic electronics supply-chain resilience.
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IndiaAI Mission tenders for 10,000 additional AI compute units MeitY floated a tender to expand the national subsidised compute pool for startups, researchers, academia and government, building on more than 38,000 units already onboarded under the IndiaAI Mission.
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Zen Technologies takes control of Cogknit Semantics for ₹135 crore The defence technology firm acquired a 51.98% stake in the Bengaluru-based company developing indigenous AI-enabled battlefield management systems that have completed Indian Army trials, expanding its portfolio in shared situational awareness and supporting Atmanirbhar defence capabilities.
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Infosys scales Truist’s Hyderabad GCC past 1,400 employees. The IT major and US bank Truist strengthened their collaboration to build an AI-first Global Capability Centre in Hyderabad, consolidating supplier relationships into a unified model and onboarding over 1,000 colleagues, reinforcing India’s role as a hub for financial-services innovation and talent.
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All this nitpicking is ridiculous!
he is absolutely fucking rightt. Thats why it felt like a studio shot !!
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As far as industry business is concerned, he is right. This could be a milestone movie. #ramayana
"Please don't try to find small faults; VFX, this-that. This chance won't come again. For years. If we lose people like him now, we'll go back. I request all the fans. Telugu industry, Kannada industry, Malayalam industry, Tamil industry, and Hindi industry: For once, if you like the film, LET'S COME TOGETHER AND SHOW THE WORLD" - Yash about #Ramayana and @malhotra_namit
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