APPLE SUSTAINABILITY MISSION
India's chip path is clearly laid out: Ashwini Vaishnaw outlines road map to a bigger, better semiconductor ecosystem
Vaishnaw said India’s semiconductor ambitions rest on a clear sequence: establish a foothold in high-volume chip manufacturing, develop domestic design capabilities and progressively move towards advanced technologies
As India and China repair ties, a Tibet film tells the story of a forgotten resistance
A new Tibetan historical drama, Four Rivers Six Ranges, is bringing renewed attention to Tibet’s resistance movement and the exile community’s efforts to preserve its history. The film, shot partly in Nepal’s Mustang region, follows fighters who aided the Dalai Lama’s 1959 escape and arrives as Tibet’s political future faces uncertainty over the Dalai Lama’s succession and evolving India-China ties.
AI leaders on automation; PM Modi debriefs space startups
Business leaders at the Economic Times World Leaders Forum said AI agents can reshape work, but governance and human accountability remain crucial. This and more in today's ETtech Top 5.
IAIRO appoints AvenuesAI's CMD Vishal Mehta as Technical Advisor
The Indian AI Research Organisation (IAIRO), a fast-rising institution at the centre of India's sovereign artificial intelligence ambitions, has appointed veteran technologist Vishal Mehta, CMD of AvenuesAI Limited, as Technical Advisor, a move seen as a significant acceleration of the country's bid to build independent, world-class AI capability.
Tim Cook's farewell letter had some magnificent lessons; here's why you shouldn't miss them
Tim Cook's farewell letter: Apple is entering a major leadership transition as Tim Cook steps down after nearly 15 years as CEO. In his farewell letter, Cook reflected on his journey, calling his leadership an “honor and privilege” while highlighting deep connections with Apple users worldwide. John Ternus, a long-time hardware executive, will take over as CEO in September.
From hardware boss to CEO: Apple bets on longtimer John Ternus to 'click' new growth chapter
Apple is set for a major leadership change. Tim Cook will transition from CEO to executive chairman in September 2026. John Ternus, currently head of hardware engineering, will take over as the new CEO. Ternus has a long history at Apple, contributing to key product innovations. Cook's tenure saw significant growth and expansion for the company.
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Amazon’s $11.57 billion Globalstar deal signals a major challenge to Musk's Starlink-Will this deal impact Starlink's dominance?
Amazon’s $11.57 billion Globalstar acquisition marks a major push into satellite connectivity, aimed at challenging Starlink and expanding customer access worldwide. The deal strengthens Amazon Leo, supports Apple’s Emergency SOS services, promotes innovation in direct-to-device communications, and could help close the global digital divide through wider coverage.
Quote of the day by Steve Jobs, “The only way to do great work is to love what you do” Steve Jobs philosophy that built a $3 trillion company and still defines career success in 2026
Quote of the day by Steve Jobs: More than 2.3 billion active Apple devices run worldwide today. That scale shows the real impact of the Steve Jobs quote about loving your work. Modern companies study this leadership idea. Studies show 70% of employees perform better when they feel passion for their work. That insight explains why the Steve Jobs quote “The only way to do great work is to love what you do” still trends in leadership and career searches in 2026. Passion drives creativity. Creativity drives innovation. Jobs built Apple by following this belief. When people truly love their work, they build better ideas. They solve harder problems. And they create technology that changes the world.
ET Now GBS 2026: Decade of disruption, century of change — thriving amid uncertainty
The rapid rise of India's economy presents both opportunities and trade disputes, yet it remains steadfast toward achieving its enduring objectives. S&P Global Ratings plays a critical role in helping businesses and government entities navigate these tumultuous waters.
India methodically building own electronics capabilities: Ashwini Vaishnav
India is making significant strides in electronics manufacturing, aiming for 38% value addition within five years, mirroring China's current level. The country is fostering its own capabilities and supply chains with support from Taiwan, the US, and South Korea, reducing reliance on China. Simultaneously, India is expanding its semiconductor capabilities and encouraging domestic production to ensure self-reliance amidst geopolitical challenges.
'Don't belong in courtrooms, we belong in classrooms': Byju Raveendran on plans for Byju's 3.0
Raveendran dispelled notions of personal gain. "I never saw the money come. I never saw it go. We invested everything we had in one mission--Byju's. We've invested only in one place in only one mission. We have no other investments. My entire investment is in Byju's."
Blinkit’s commission shift; Semicon Mission 2.0
Zomato’s Blinkit has overhauled the way it charges commissions to brands and sellers. This and more in today’s ETtech Top 5.
Nykaa's q-comm entry; TN’s probe into Tata plant fire
Happy Wednesday! Quick commerce is spreading across categories as Nykaa and Licious launch rapid delivery pilots. This and more in today’s ETtech Morning Dispatch
OpenAI to remove non-profit control and give Sam Altman equity
Chief executive Sam Altman will also receive equity for the first time in the for-profit company, which could be worth $150 billion after the restructuring as it also tries to remove the cap on returns for investors, sources said.
Tech layoffs in 2024: Apple, IBM, Intel and Microsoft announce job cuts
Layoffs in 2024: Tech firms have ramped up layoffs to manage expenses, with Intel, Microsoft, and Match Group cutting significant numbers of jobs. In India, startups such as Ola Electric, Paytm and Byju’s undertook similar layoffs in response to funding constraints, although fewer jobs were lost compared to 2023.
Electronics cos charged up for big revenue boost, set to double revenues to $55 billion by FY2027
India's EMS industry revenues are projected to double to $55 billion by FY27, driven by local component sourcing. Apple, Samsung, Lenovo, and other global firms are set to expand operations in India.
Foreign investors set foot in Kashmir Valley
Kashmir-based startup Qul Fruitwall Farm Installations has received ₹60 crore funding from Incofin investment management and Fiedlin Ventures. This marks the first private sector enterprise to receive global institutional capital in Kashmir, paving the way for more foreign investment in the region.
Leverage.biz hires Arjun Mehta as its first finance chief
"Leverage is onto a very exciting mission and I am glad to be working with this phenomenal team that Akshay has carefully built over the last few years. Looking forward to helping the company achieve its stated goal of free cash flow this year and then sustainable growth thereafter,” Arjun Mehta said.
Cultivating a Product-Centric Culture: Leadership's Role in Innovation
In today's business environment, a product-centric culture is crucial for companies to thrive and innovate. This culture focuses on continuously improving products or services to meet customer needs. It encourages a customer-centric approach, continuous improvement, innovation, employee engagement, market adaptation, and revenue growth.
Apple's commitment to carbon neutrality: CEO Tim Cook's bold vision
Apple CEO Tim Cook has reiterated the company's commitment to achieving carbon neutrality by 2030 during a recent interview with CBS. Cook mentioned that the Apple Watch Series 9 will be the company's first carbon-neutral device and emphasized the importance of demonstrating that a carbon-neutral approach can still be a successful business. Apple has already made progress towards its goal, including phasing out leather usage and replacing it with a twill fabric made from recycled content.
Tata-assembled iPhones coming up; Down rounds for Indian startups here to stay?
The Tata Group is set to become the first Indian company to assemble Apple’s iPhone. The conglomerate is close to a deal to acquire Apple supplier Wistron’s Karnataka facility, from where it would continue producing iPhones. This and more in today’s ETtech Top 5.
'Take that, Elon Musk!' Ford CEO's challenge to Tesla chief over EV pickup trucks
The tug of war between Tesla's Cybertruck and Ford's F-150 has been going on for years.
Google halves Play store commission fee for developers
Startups continue to see ‘high’ commission an abuse of Play Store’s dominant position
Kuvera partners with Vested Finance to enable Indian investors to invest in US stock market
With easy and commission-free access to the US market through Vested Finance, investors can enjoy the benefits of geographical diversification and safeguard their portfolios from a single currency risk.
AppDynamics founder to put $50 million in new startup incubator BIG Labs
Bansal is committing $50 million to his new venture and is also setting up an R&D centre for BIG Labs in Bengaluru, he told TOI in an exclusive interaction in San Francisco.
Apple may be using Congo Cobalt mined by children, says Amnesty International
Chinese companies that buy cobalt from Congo and supply mobile phone makers such as Apple and Samsung aren’t fully checking their suppliers.
PM Modi arrives in New York on 2nd US visit
During the visit, the PM will address world leaders at a landmark UN summit and interact with top CEOs and the Indian diaspora in Silicon Valley.
Xi Jinping, Narendra Modi to vie for investments on rare simultaneous US visits
The four per cent depreciation of Chinese currency Yuan last month shook the world markets, prompting the US to put off plans to rise interest rates.
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