Author: Bureau

Tsuyo Manufacturing Pvt Ltd has received Single Window Clearance from the Government of Karnataka to set up a ₹250 crore EV powertrain manufacturing and validation facility in the Hubli-Dharwad region, marking a key step in strengthening India’s electric mobility ecosystem. The 20-acre facility will focus on developing and manufacturing advanced EV powertrain systems, including electric traction motors, motor controllers, power electronics and integrated drivetrain solutions. The project builds on the company’s earlier Letter of Intent signed during the Bengaluru Tech Summit 2025. Designed as an integrated ecosystem, the facility will combine manufacturing with advanced testing and validation infrastructure, including dedicated…

CoinSwitch has announced the launch of DigiVault, a secure crypto custody solution designed for High-Net-Worth Individuals (HNIs), family offices, institutions, and Web3 enterprises, marking its expansion into institutional-grade infrastructure. As India’s crypto ecosystem matures, participation is increasingly driven by institutional investors and emerging use cases such as asset tokenisation. However, the lack of robust, locally aligned custody solutions has remained a key challenge. DigiVault aims to address this gap by combining global security standards with India-focused regulatory compliance and governance frameworks. The platform has partnered with Fireblocks to leverage advanced Multi-Party Computation (MPC) technology, enabling secure digital asset storage without…

Flipkart has released a new white paper titled “The Last-Mile Leap,” highlighting growing interest in electric vehicle (EV) adoption among India’s delivery workforce, while underscoring the need for ecosystem-wide collaboration. Based on a survey of over 6,000 delivery partners, the study finds that 46% are willing to transition to EVs, indicating strong intent within the last-mile logistics segment. However, adoption remains low, with over 94% still relying on petrol-powered vehicles, pointing to structural challenges rather than lack of interest. Key barriers include high upfront costs, limited EV availability, concerns around range and performance, and inadequate charging infrastructure. Despite these challenges,…

India’s consumer landscape is undergoing a structural shift, where scale alone is no longer sufficient to drive growth. According to KPMG in India’s latest report, “Winning India’s Consumer Decade: The Precision-led GTM Blueprint for CXOs,” brands must pivot towards precision-led go-to-market (GTM) strategies built on data, omnichannel execution and micro-market insights. The report highlights a decisive move towards digital-first consumption. As many as 96% of Indian shoppers research products online before making a purchase, while nearly 80% discover new products via social media. Additionally, 70% of urban consumers engage across multiple channels before finalising buying decisions, underscoring the growing importance…

Generative AI is set to fundamentally transform IT services, shifting the industry from traditional headcount-driven models to AI-led engineering, according to Raghu Pareddy, Founder & CEO of Wissen Technology. He shared these insights at the Global AI Leadership Summit 2026 held in Hyderabad. Speaking during his session on leading GenAI transformation, Pareddy highlighted how AI is rapidly reshaping software development, driving gains across coding, testing and documentation. Despite early adoption, he noted that a vast majority of enterprise applications still lack embedded AI capabilities, presenting a significant opportunity for innovation and modernization. He emphasised that the future of IT services…

In a rapidly evolving global environment marked by economic uncertainty, technological disruption and heightened regulatory scrutiny, KPMG International’s 2025 Banking & Capital Markets CEO Outlook highlights a sector demonstrating strong resilience and optimism. Based on insights from 110 CEOs across 11 key markets, including India, the report underscores growing confidence in long-term growth, alongside accelerated adoption of artificial intelligence (AI) and a sharper focus on trust, governance and sustainability. Globally, 83% of CEOs express confidence in their organisations’ growth prospects over the next three years, up from 78% in 2024. AI has emerged as a central investment theme, with 65%…

Nothing has announced the sale of its latest Phone (4a) Series in India, strengthening its presence in the competitive mid-range smartphone segment. The new lineup combines the brand’s signature transparent design with upgraded performance, camera capabilities, and AI-driven software. The Phone (4a) features a triple camera setup, including a 50MP main sensor with OIS and a 50MP telephoto lens supporting up to 70x zoom, alongside an ultra-wide lens and a 32MP front camera. Powered by the Snapdragon 7s Gen 4 chipset, the device offers smooth performance and gaming, complemented by a 6.78-inch AMOLED display with 120Hz refresh rate. Running on…

India’s workforce is undergoing a significant shift, driven by optimism, rapid AI adoption, and evolving expectations around flexibility and collaboration, according to the Randstad Workmonitor 2026 India report. The report highlights strong confidence across the ecosystem, with 100% of employers expressing optimism about business growth and 79% of professionals confident in their organizations’ future—well above global averages. However, rising living costs are reshaping workforce behaviour, with 58% of professionals considering or taking up a second job. Artificial intelligence is emerging as a major productivity enabler, with 89% of Indian professionals acknowledging its positive impact. Despite this, human relationships remain central.…

Central Depository Services (India) Limited (CDSL), in collaboration with KPMG in India, has released the third edition of its Reimagine thought leadership report titled “Reimagine: Securities Market through Data Synergy.” The report introduces a Creation–Control–Culture (3C) framework aimed at enabling a data-driven transformation of India’s securities market ecosystem. Emphasising that “data risk is market risk,” the report highlights the need for robust data governance to enhance resilience, transparency, and innovation. It outlines how a structured approach can support shared data infrastructure, strengthen cyber safeguards, and promote responsible data practices across institutions. The framework also recommends a central regulatory operating model…

Amir Chand Jagdish Kumar (Exports) Limited (the “Company”) shall open its Bid / Issue in relation to its initial public offer of Equity Shares on Tuesday, March 24, 2026 and close on Friday, March 27, 2026. The IPO is entirely a fresh issue of ₹4,400 million. 82,796,840 Equity Shares of face value of ₹ 10 each are outstanding as on date. The Company proposes to utilise net proceeds from fresh issue of Equity Shares, estimated at ₹4,400 million towards its working capital requirements and general corporate purposes (collectively, the “Object of Issue”). Emkay Global Financial Services Limited and Keynote Financial Services…