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India
Technology companies, products and economics across India.
Karnataka’s 1 GW data‑centre plan hinges on efficiency rules
The state’s new policy puts efficiency at the centre of its data-centre push. Developers still need the rules for qualifying, measuring performance and keeping incentives.
Latest in India
Applied Materials commits $5 billion to India’s chip ecosystem
The equipment maker’s India expansion reaches beyond fabs to research, precision suppliers and engineering talent. Turning that network into global orders will take years.
Pocket FM wants AI to triple its margin while it takes on new markets
Its co-founder is targeting a 15%–20% EBITDA margin, up from roughly 5%. Cheaper production must cover the cost of expansion, new formats and finding listeners.
Brookfield’s $600 million ACME bet enters a shrinking hydrogen pipeline
The deal gives ACME a major sponsor as the global hydrogen project pipeline contracts. Offtake, power costs and financial close will decide which plants get built.
India’s scrap buyers face an EU cutoff. The next deadline is October 16
Consultation closes on October 16, 2026. Proposed EU waste-export rules could interrupt India’s metal-scrap supply from May 21, 2027.
Advent’s ₹3,150 crore hospital bet starts with 450 beds still to open
Yatharth has the capital to expand. Turning its announced capacity into staffed, occupied hospitals will determine what that investment earns.
UPI’s October 15 fee puts high‑value payments to the test
Selected bank-account-funded payments above ₹2,000 are scheduled to cost merchants up to 0.4% from October 15, 2026. Customers remain exempt.
Apple Pay launches in India with one bank
Apple’s September 30 launch starts with eligible Axis credit cards. Repeat use, more issuers and merchant acceptance will decide how far it goes.
Yotta’s India IPO Must Reconcile a $1.5 Billion Raise With Its AI Build‑Out
Yotta plans to file in October after a terminated US listing route. Its DRHP must separate the IPO tranche, private capital, debt repayment and partner-financed GPUs.
Zepto’s IPO is a public‑market test of speed, scale... & burn?
The UDRHP shows a company with 640 million annual orders, 1,139 stores and ₹22,624 crore of FY26 revenue. It also shows adjusted EBITDA losses above ₹5,000 crore and an ownership structure still anchored by founder trusts and venture backers.
Persistent Just Made the Biggest Acquisition in Its History. So why did it plunge 11% in a Day?
Persistent’s proposed Nagarro acquisition would expand its European business, but its premium and integration costs have raised questions about returns.
Indian IT Has Already Chosen Its AI Strategy. Sell the Transformation Instead of Fighting It.
Investors feared AI would disrupt Indian IT. Microsoft said Infosys, TCS and Wipro had each expanded Microsoft 365 Copilot licensing to more than 100,000 employees; TCS reported over $2.3 billion in annualised AI revenue in Q4 FY26.