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The Latest Breaking News from ET

Reliance Jio IPO soon? Mukesh Ambani to provide update on $4 bn public issue at upcoming AGM, says report

Mukesh Ambani is expected to share an update on Jio Platforms’ anticipated IPO at Reliance Industries’ June 19 AGM. Reports suggest Reliance is shifting towards a fresh issue structure to protect retail investors and strengthen Jio’s long-term growth and transparency roadmap.

The Economic Times

From Alphonso to Kesar: How a tiny fly halted India’s mango exports to Japan after two decades

Japan has suspended fresh mango imports from India for the 2026 season due to concerns over pest treatment procedures at an Indian facility. This move impacts premium varieties and worries exporters already facing crop damage and high freight costs, disrupting a trade route that had been open for two decades.

The Economic Times

ETtech Interview | Quick commerce industry unlikely to sustain as many players as today: Swiggy's Sriharsha Majety

Swiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term economics over market share battles. He addressed recent shareholder concerns regarding board appointment rights, emphasising its link to the company's Indian Owned and Controlled Company (IOCC) status.

The Economic Times

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Kerala Lottery Karunya Plus KN-625 result out today (28-05-2026); Rs 1 crore prize winning number and full list here

Kerala Lottery Results Today: The Karunya Plus KN-625 lottery results are announced today at 3 PM. Ticket holders can check their numbers for a chance to win prizes. The top prize is ₹1 crore. Smaller prizes are also available. Winners can claim their rewards from retailers or lottery offices. The…

The Economic Times

Zoho-backed Netrasemi launches first AI chip, begins customer trials

Kerala-based Netrasemi, backed by Zoho, has successfully tested its A2000 AI chip, now production-ready for edge devices. Early trials are underway with customers in surveillance and automotive sectors, targeting a mid-2027 commercial launch. This Indian-designed chip, built on TSMC's 12nm process, is among the first of its kind.

The Economic Times

C2i Semiconductors tapes out power management chip

Speaking to ET, Ram Anant, CEO and Co-Founder of C2i Semiconductors, said that power management is becoming a bottleneck as companies are beginning to realise that due to AI workloads what used to be few kilowatts of power in a data center rank is becoming 100 kilowatts now. In addition,…

The Economic Times

Mythos alert: Banks, telcos take test to check cybersecurity score

Mythos cyber audit: Companies are testing their public-facing assets using existing AI models such as Opus 4.7 and GPT 5.5 and have also asked their suppliers to identify possible gaps, executives and consultants told ET. The Data Security Council of India (DSCI), an industry think-tank under software industry body Nasscom,…

The Economic Times

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Defence Ministry issues AMCA fighter jet tenders to Tata, L&T-BEL, Bharat Forge-BEML: Report

India's defence ministry has moved forward with its indigenous fifth-generation fighter jet program. The Advanced Medium Combat Aircraft RFP has been issued to three shortlisted companies. This marks a significant step towards developing a stealth fighter for the Indian Air Force. Prototypes are expected to fly by 2032. Deliveries of…

The Economic Times

Neysa and Pipeshift team up for AI inference play in India

Bengaluru's Neysa and AI startup Pipeshift are joining forces. They aim to meet India's growing need for AI inference services. This partnership will tackle increasing costs and delays in AI adoption. India's AI market is projected to reach billions. The collaboration focuses on specialized, local AI systems.

The Economic Times

Peak XV, Activate in talks to invest in Silicon Valley AI dictation startup Wispr Flow

Founded by Stanford graduates Tanay Kothari and Sahaj Garg, Wispr Flow develops a voice dictation tool that allows users to speak into apps and workflows instead of typing. The latest funding is likely to nearly triple its valuation to $2 billion, per people in the know.

The Economic Times

Nandan Nilekani's Fundamentum bets big on frontier tech with Rs 2,000 crore fund for AI, deeptech

Fundamentum Partnership has launched F2A, a Rs 3,000 crore frontier-tech investment platform focused on AI and deeptech startups. The firm will invest between Rs 40-90 crore in 12-15 companies over three years, targeting commercialization-stage businesses in sectors like semiconductors and robotics where India has strategic advantages.

The Economic Times

Nandan Nilekani's Fundamentum bets big on AI, deeptech with Rs 3,000 crore purse

The Economic Times

B2B quick commerce startup Fairdeal raises $15 million from Bertelsmann India, others

B2B quick commerce platform Fairdeal.Market has secured $15 million in a funding round led by Bertelsmann India Investments. The company aims to deliver over 1,000 SKUs to kirana retailers within 60 minutes using a dark store model.

The Economic Times

Slice swings to profit in first full year as small finance bank

Slice Small Finance Bank achieved a net profit of Rs 48.4 crore in FY26. This marks a significant turnaround after a substantial loss in the prior year. Total income more than doubled, reflecting strong growth. The bank is now focused on expanding credit access for underserved customers.

The Economic Times

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The Economic Times

Dietary balance remains missing as India continues to gorge on cereals

Many Indians consume too many grains and not enough proteins, vegetables and fruits. This imbalance affects health, contributing to malnutrition and lifestyle diseases. The findings highlight a need for dietary diversification across the nation.

The Economic Times

Tata Sons’ board huddle today: What Bombay House has been battling in post-Ratan Tata era

Tata Group faces internal churn as tensions rise within Tata Trusts following Ratan Tata's death. Disputes over board representation, governance, and the future of Tata Sons' unlisted status have led to postponed discussions and trustee infighting, impacting group leadership decisions.

The Economic Times

VCs eye deeptech fund launches to leverage RDI capital

Sector-agnostic VC firms Kalaari Capital and Blue Ashva Capital are among those exploring new deeptech-focussed vehicles amid rising investor appetite around areas such as spacetech, semiconductors, robotics and energy transition, people aware of the matter told ET.

The Economic Times

Experts flag data spills as house-help platforms bring physical AI home

Recent data-gathering pilots by on-demand service platforms Pronto and Snabbit have drawn a spotlight on India’s emerging physical AI ecosystem – and put safety regulators on edge. Sources told ET that the Ministry of Electronics and Information Technology (MeitY) has taken note of recent developments, especially Pronto’s in-home recording pilots.

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The Economic Times

Physical data collection from the real world is India's new backoffice job for AI

Companies such as HumynAI Labs, Egodata, Neo Cambrian, XP Robotics, and Objectways have deployed people on the ground starting early this year. They are collecting data on everything from household chores like washing dishes and folding laundry to the manufacturing sector.

The Economic Times

Corporate India gets a call of duty and it's raring to go

In a dynamic shift, India's defence industry is witnessing a groundbreaking transformation where private corporations are spearheading pivotal projects like the creation of cutting-edge fighter jets. This transition from a state-controlled realm to vibrant private sector involvement is set to unleash a wave of innovation and operational efficiency. Meanwhile, emerging…

The Economic Times

Upgrade grid to realise AI dream: Applied Materials executive

Applied Materials urges India to modernise its power grid to fuel its AI ambitions, highlighting the need for reliable, clean energy. The company suggests incentives for clean power adoption and planning AI infrastructure as a connected national system, emphasising the critical role of grid modernisation for technological advancement.

The Economic Times

Manufacturers look beyond cost cutting to drive AI adoption

A survey found meeting customer expectations (49%) and boosting operational efficiency (47%) were the primary forces driving AI adoption among manufacturers. However, cost reduction, often touted as a top reason for AI adoption in enterprises, ranked last at just 23%.

The Economic Times

Tata Electronics plans to start chip packaging at upcoming Assam unit

While the Tata Group company has already initiated small-scale shipments from its first commercial OSAT facility in Vemagal, Karnataka, the strategic pivot to the greenfield high-volume manufacturing unit in Jagiroad, Assam is aimed at building trust among global clients about the company’s capabilities while ensuring immediate scalability to meet surging…

The Economic Times

Bellatrix readying ultra-low orbit satellites

The Bengaluru-based company is targeting launches in 2027 or 2028 and is positioning the project as a potential breakthrough in very low Earth orbit (VLEO) satellite operations, an area that remains largely unexplored globally because of the extreme atmospheric drag at those altitudes.

The Economic Times

Flipkart revamps Shopsy to take on Meesho, Amazon Bazaar in value commerce segment

Shopsy has over 450 million app downloads and delivers across more than 20,000 pin codes, but did not disclose its annual transacting users or order volumes. The company also declined to comment on specifics.

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