APAC
'Ever seen what a widow looks like?': Accused's chilling threat to Tech Mahindra's ex-APAC head before murder
A fatal conflict over parking in Faridabad reached a deadly climax when Monu Sharma shot Paramjeet Dhankhar. Just hours prior, Dhankhar had taken his concerns to the police regarding threats from Sharma. In a calculated move, Sharma summoned Dhankhar to the parking lot, where he unleashed a barrage of nine shots from his licensed firearm, killing Dhankhar instantly. Police have apprehended Sharma and are investigating the roles of his family.
D-Street just 5% away from highs with a 10% bounce from lows
The rupee has shown a significant recovery, closing at 93.90 this week, its best level since April. Recent drops in oil prices have alleviated inflation concerns and supported the local currency. Simultaneously, foreign portfolio investors have made substantial net purchases in Indian equities, contributing to market stability. Indian equity indices have also rallied over 10% from recent lows, showing strong earnings.
Delhi-NCR among APAC's top office markets as prime rents rise 5.4%; occupancy costs rank seventh
Delhi-NCR has emerged as a key player in the Asia-Pacific office market, marked by a notable 5.4% rise in prime office rents yearly by Q3 2026. This uptick showcases persistent demand in the region, which ranks seventh in occupancy costs among major markets. While overall office leasing has declined, the focus on enhancing workplace quality continues to lead rental rates upward, underscoring its significance for boosting productivity.
D Street lights up, ends Diwali week with a firecracker of a Friday
Indian stocks witnessed impressive growth, with the Sensex and Nifty surging over 2%, defying declines in Asian markets. This robust rally is fueled by strong corporate earnings coupled with declining crude oil prices, boosting investor morale significantly. Over the recent weeks, foreign portfolio investors have surpassed net purchases of $4 billion, enhancing the positive outlook.
AI to reshape India's office space demand, workforce seen at 48 million by 2030: Report
AI is expected to change the nature of India's office space demand rather than reduce it, with the country's office-using workforce projected to grow from around 38 million in 2025 to 48 million by 2030, according to a study by Cushman & Wakefield.
From enterprises to SMBs: How Flashfox AI plans to change the hiring game
GetWork’s AI hiring business, now spun off as Flashfox AI, is targeting 500 enterprise clients in the next 24 months as it expands into Southeast Asia and the Middle East.
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India’s professionals keen to sharpen AI skills, see productivity gains
Nearly 97% of Indian professionals are willing to develop their AI skills, while 88% expect the technology to improve productivity and efficiency, according to Michael Page India’s Candidate Pulse Report 2026, based on a survey of 3,401 professionals across 11 APAC markets, including 2,550 in India.
Ascentium eyes India acquisitions to build Asia-focused global services platform
Singapore-headquartered Ascentium is looking to expand its India presence through acquisitions as it builds an Asia-focused global corporate services business. Backed by Hillhouse Investment, the firm has completed seven acquisitions in India since 2019 and is negotiating another, with plans to consolidate specialist firms and challenge established players in the market.
Only a weatherman knows which way the wind blows: Why science and truth matter in an AI-driven world
Pressure, a film by Anthony Maras, vividly captures the turbulent atmosphere of the D-Day operation in World War II, focusing on British meteorologist James Stagg and his American counterpart Irving Krick. As they navigate the unpredictable weather, their conflicting methods illuminate an important truth: history hangs on fleeting moments and the quality of information, warning us against over-reliance on AI in critical decision-making today.
Former GitHub CEO launches GitHub rival Entire with India data hosting
Entire is a new developer platform designed to help developers and AI coding agents improve software development processes. The platform features automated code reviews and continuous memory for AI agents, which streamline coding sessions. Entire also offers faster code repository hosting, with speeds significantly exceeding those of GitHub.
Indian lenders defer dollar debt sale plan as rates turn expensive
Amidst rising US Treasury yields and a depreciating rupee, multiple Indian banks, such as Canara Bank, PNB, and Bank of India, are delaying their dollar debt initiatives. The looming expiration of the Reserve Bank of India’s hedging facility in December adds further pressure to these institutions. Nevertheless, there remains a glimmer of optimism among certain banks regarding potential future dollar bond sales as market conditions evolve.
Asia-focused banks face bond market risks ahead of Q3 earnings
Asia-focused banks face mounting pressure from rising bond yields, inflation and currency volatility ahead of third-quarter earnings. HSBC, Standard Chartered and DBS confront profitability and capital risks, while Japanese and Southeast Asian lenders navigate bond losses, funding pressures and economic uncertainty.
BlackRock stays cautious on Indian equities despite cheaper valuations
BlackRock Investment Institute has not yet adopted a bullish stance on Indian equities due to ongoing uncertainties. The firm anticipates greater clarity on corporate earnings and energy prices before changing its outlook. Despite elevated energy costs, India's economic resilience remains noteworthy amidst geopolitical tensions. Foreign investors have been net sellers of Indian equities for several months, impacting market performance.
Tesla-SpaceX deal: Wall Street says inevitable but Musk says it's not certain
Elon Musk considers the advantages of merging Tesla with SpaceX, particularly in light of escalating capital expenses. However, obstacles like shareholder votes and the need for special committees present significant challenges to this merger idea. Analysts suggest that such a merger could not only streamline operations but also significantly bolster financial assets for both companies. Yet, regulatory scrutiny is expected, mainly due to governance issues linked to Musk’s dual leadership.
Number of branded housing projects in India set to jump over 2-fold in 6 years: Savills
Real estate firms in India are anticipating a significant increase in branded residences by 2032. A report suggests nearly 25 ultra-luxury housing projects will be completed in this period. Major developers have partnered with renowned brands to cater to the super-rich market. The demand for these residences is driven by rapidly increasing wealth among high-net-worth individuals. This trend reflects changing consumer expectations for quality and lifestyle within the luxury segment.
Lightstorm’s India-Southeast Asia subsea cable system to be ready in 2029, says CTO
Lightstorm is a network provider that builds high-capacity optical fibre and AI-native connectivity platforms across the APAC region. The I-2SEA cable system, announced in July this year, will connect India’s east coast with Singapore and Malaysia. It will land at South Chennai and Machilipatnam in India, and at Singapore and Morib in Malaysia.
Oil, foreign flows in focus for rupee; bond traders eye rate-hike bets
During the upcoming holiday week, analysts predict the Indian rupee will remain steady, with oil price trends and foreign capital flows playing essential roles. Impressively, the rupee rose by 2% last week, achieving its highest value since March at 94.96. The Reserve Bank of India is undertaking assorted measures aimed at strengthening the rupee while addressing inflation worries.
China AI supply chain IPOs hold firm despite valuation pullback, Citi says
As anxiety over valuations rises, Chinese AI supply chain firms are set to remain resilient in the marketplace. Ongoing listings in Hong Kong are supported by high domestic and global demand, with capital influx from mainland China being vital. In the upcoming year, attention will pivot to AI model developers that exhibit robust profitability. Remarkably, there has been a notable surge in public offerings within equity capital markets this year.
About two-thirds of Indian companies are at or near their AI goals: Autodesk report
The fourth edition of the annual survey covered 462 respondents in India across architecture, engineering, construction and operations, design and manufacturing, and media and entertainment. It found 64% are near or at their AI goals, while 88% believe AI will enhance their industry, up from 78% in 2025.
Market selloff, rising rates test AI data centre deal boom
A market selloff is forcing companies driving the global AI boom to delay fundraising plans or pay more for capital as investors demand proof they can absorb rising interest rates and computing-power costs.
How AI is Powering the Future of Citizen Services
India is a diverse land, and reflecting the country’s linguistic diversity has been a long-held ambition for technology, AI included. Now, with Google’s initiatives powering startups like CoRover, AI’s inclusion of local dialects looks more achievable than ever. Counting over a trillion conversations in Indic languages thus far, CoRover is making inspiring progress.
Reliance's JioHotstar and Peacock Hub in first-of-its-kind partnership in grand finale of Koffee with Karan
JioHotstar has partnered with NBCUniversal’s The Peacock Hub for the ninth and final season of Koffee With Karan, hosted by Karan Johar, premiering October 14. The collaboration marks a shift from distributing global content to supporting Indian originals, reflecting growing international interest in homegrown intellectual property.
Meta appoints Ravi Garg as APAC enterprise business MD
Garg spent more than five years at WhatsApp, serving as country director of India for business messaging and payments from July 2021 to September 2026, Meta said on Wednesday.
India, “a dynamic market growing rapidly”, is a long-term commitment for Adyen
Indian businesses are going global, and international players are turning towards India. Adyen, with its global platform and local expertise, is helping navigate payments and regulatory requirements in India and outside. Terming India an ‘exciting market ’, Adyen is recognising and fulfilling the need for a single infrastructure layer capable of connecting global systems to the local markets.
Daniel Dsouza joins Anthropic's founding Applied AI team in India
Daniel Dsouza is set to make waves at Anthropic, a pioneering AI safety and research firm, as a key member of its inaugural team in India. Previously the head of AI at JoulesToWatts, he concentrated on enterprise AI solutions. Co-founding SmaLLM earlier in his career, he sought advancements in small language models.
Net office leasing down 20% in Jan-Sep across top 8 cities on supply constraints: Cushman
Net leasing of office spaces across eight major cities in India fell to 36.7 million square feet. This represents a 20 percent drop from the previous year due to limited supply and a high base effect. However, gross leasing activity increased by 1 percent to reach 64.6 million square feet during the same period.
India remains key market for global smartphone makers amid evolving demand, component price pressure, say global smartphone manufacturers
Major smartphone manufacturers consider India an important market, as consumer demand remains steady despite increasing component prices. Companies like Xiaomi and Motorola emphasize the shift towards usability and experience-focused devices. Upcoming models, including Xiaomi 18 Pro and Motorola's Signature 27, will feature advanced processing technology. iQOO also plans to release its latest flagship, iQOO 16, utilizing Qualcomm's cutting-edge platform.
Beyond the first export: How India’s SMBs can build lasting global businesses
India’s exports hit a record in 2025-26, and SMBs account for nearly half of them. But as trade deals widen market access, Payoneer leaders Nagesh Devata and Gaurav Shisodia argued that Indian SMBs selling overseas face a bigger challenge: earning the trust of buyers they will never meet, getting paid reliably, and turning a one-off export into a business that scales across markets.
Mistral CEO says new AI model beats Chinese ones in some areas
The 3-year-old company is seen as Europe's best contender in the AI race, but is still dwarfed by US companies Anthropic and OpenAI, as well as facing pressure from lower-cost Chinese rivals.
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