In a landmark investment move, global private equity giant Blackstone has announced its backing of Neysa, a neo-cloud infrastructure startup, with a funding commitment of $1.2 billion. The deal underscores the growing importance of next-generation cloud technologies and positions Neysa as a potential disruptor in the global cloud ecosystem. Key Highlights Neysa’s Vision Comparative Analysis:…
The Bombay High Court has granted interim protection to Sunil Biyani, a key figure in the Future Group, in connection with an alleged GST scam. The development comes amid ongoing investigations into tax irregularities, where authorities had sought to question Biyani regarding alleged violations. The court’s decision to shield him from arrest has sparked significant…
Global beauty giant L’Oréal has announced a revised strategic plan for India after its CEO expressed dissatisfaction with the company’s growth trajectory in the country. Despite India being one of the fastest-growing beauty and personal care markets, L’Oréal’s performance has not matched expectations, prompting a fresh roadmap to accelerate expansion and strengthen its presence. Key…
Union Commerce and Industry Minister Piyush Goyal has stated that the recently signed India-US trade deal will play a crucial role in helping India secure crude oil at more competitive prices. The agreement, which strengthens bilateral economic ties, is expected to enhance India’s energy security, reduce import costs, and provide a stable foundation for long-term…
Foreign Portfolio Investors (FPIs) have made a strong comeback in Indian markets, recording inflows worth ₹19,675 crore in the first fortnight of February 2026. The rebound comes on the back of renewed optimism following the recently signed US-India trade deal, which has boosted investor confidence in India’s economic outlook. Key Highlights Why FPIs Are Returning…
Wipro’s Chief Technology Officer for AI, Bartoletti, has emphasized that India is uniquely positioned to play a central role in shaping the global rulebook for artificial intelligence (AI). With its vast talent pool, strong IT services industry, and proactive government initiatives, India can influence how AI is regulated, deployed, and scaled across the world. His…
MeMeraki, a brand dedicated to promoting Indian art and artisans through handcrafted lifestyle products, has achieved a major milestone by securing a four-shark investment worth ₹1 crore on Shark Tank India. The pitch impressed the panel of investors, leading to a rare collaboration where multiple sharks came together to back the startup. This investment is…
Zoho Corporation’s co-founder Sridhar Vembu has reignited debate around the growing dominance of global technology giants, comparing their influence to that once held by the British East India Company. In a series of remarks shared on social media, Vembu argued that today’s Big Tech firms are “bigger than most sovereign nations,” highlighting their financial power,…
Religare Enterprises Ltd, backed by the Burman family, has announced a major restructuring plan to split its financial services and insurance businesses into separate entities. This move is aimed at unlocking value for shareholders, streamlining operations, and providing sharper focus on each vertical. The demerger is expected to reshape Religare’s corporate structure and create independent…
Sam Altman, CEO of OpenAI, has expressed strong confidence in India’s ability to lead the global artificial intelligence (AI) race. Speaking at a recent interaction, Altman highlighted that India possesses “all the ingredients” necessary to become a global AI powerhouse, including a massive talent pool, thriving startup ecosystem, and government support for digital innovation. He…
