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The state-backed survival contest aims to find the best indigenous AI models.
BHEL's total income rose 18% to ₹8,691.85 crore during the third quarter from ₹7,385 crore in the year-ago period
DAVOS-MEETING/CEO-SURVEY:CEO revenue confidence hits 5-year low - PwC survey
After stabilising its operations over the past three years, Cognizant is shifting gears toward aggressive growth strategies, with artificial intelligence and outcome-based pricing at the forefront. CEO Ravi Kumar S emphasizes the company’s evolution from a traditional IT services provider to a builder of “agentic capital,” while a potential secondary listing in India signals its intent to tap new investor pools. Strategic acquisitions and platform-led services are now central to Cognizant’s next phase of expansion.
GIFT City is sharpening its growth strategy as global companies look beyond banking and asset management, with global capability centres and centres of excellence emerging as the key drivers of its next expansion phase, according to Managing Director and Group CEO Sanjay Kaul at Davos.
Axis Bank CEO Amitabh Chaudhry highlighted that while foreign investors are showing renewed interest in India’s financial sector, the underlying challenge of mobilising domestic deposits remains unresolved. Speaking from Davos, he noted that inflows totaling nearly $15 billion provide strategic firepower, but real balance sheet expansion depends on building a strong deposit base—a task that requires deep local understanding and persistent effort. Chaudhry also pointed out that while foreign entrants increase competition, they do not automatically translate into retail deposit growth, underscoring the systemic nature of India’s funding challenge.
As artificial intelligence shifts from experimentation to large-scale deployment, technology leaders at Davos warn that energy constraints, cyber security risks, and the need for enterprise-grade decision systems will determine how fast and how safely AI can be adopted in 2026.
Franklin Templeton CEO Jenny Johnson says global growth concerns and market volatility have not dimmed her confidence in the US and India, highlighting strong domestic demand, favourable demographics and the long-term potential of artificial intelligence as key drivers for investors.
WhatsApp is reportedly working on group voice and video calling for its web platform, alongside call links and scheduling features. The update could bring bring WhatsApp Web closer to the mobile and desktop experience, offering more flexibility across devices.
Apple’s iPhone 18 series could debut advanced LTPO+ displays with improved efficiency and brightness, alongside under-display Face ID that may replace the Dynamic Island, signalling one of the biggest visual upgrades to Apple’s iPhones in years.
Mukesh Ambani's Reliance Industries Limited (RIL) is moving closer to the long-awaited public listing of Jio Platforms, as the conglomerate waits for a final government notification on revised IPO norms before filing its draft red herring prospectus (DRHP). The regulatory changes are seen as critical for a transaction of this scale and complexity. The proposed Jio Platforms IPO is expected to be the largest ever in Indian capital markets, with estimates suggesting it could raise $4–4.5 billion, or roughly Rs 33,000-37,000 crore. Investment banks have valued Jio Platforms at around $180 billion, nearly Rs 15 lakh crore. At that valuation, selling just 2.5% of the company, the minimum threshold under the SEBI revised framework for companies valued above Rs 5 lakh crore, could raise about $4.5 billion, according to Jefferies estimates from November 2025. The government has already approved a reduction in the minimum IPO float for large companies to 2.5% from the earlier 5%, a move aime...
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