ARM TECHNOLOGY

Nvidia scandal: The AI arms race puts human spies back into the game

The Nvidia controversy involving CEO Jensen Huang and a woman suspected by US intelligence of having links to Beijing has renewed concerns over corporate espionage in the AI industry. Recent cases involving OpenAI and Google have also highlighted risks from insiders and traditional spying methods.

Disney, Adobe to co-develop custom AI models tailored for media giant

The move, announced Monday, will start with speeding up project development timelines at Disney's Experiences division, home to its global theme parks, resorts and cruise lines, and for concept exploration at StudioLAB, the innovation hub within Walt Disney Studios.

Pune teacher sells father's land to teach 10 poor students, all clear MPSC exams; now he runs a Rs 20 crore campus in his village but still lives in a rented house

After selling his inherited house and farmland in 2005, Pune-based teacher Yajurvendra Mahajan started educating 10 underprivileged students. All cleared MPSC exams. His Deepsthamb Foundation now supports around 600 students, including persons with disabilities, orphans and transgender people, offering free education, accommodation, counselling and employment assistance.

Coca-Cola India’s bottling arm HCCH files DRHP for IPO

Hindustan Coca-Cola Holdings Limited has submitted its Draft Red Herring Prospectus to SEBI for an IPO. This IPO will involve an Offer for Sale of nearly one billion equity shares by the promoter. Coca-Cola India aims to enhance its asset-light operating model while focusing on brand development and digitization. The company has shown impressive revenue growth in its recent financial performance.

Trump's $1.5-trillion defence spending push runs into a Democratic wall after midterm rout

The recent midterm elections have heralded a major loss for Republicans, casting a shadow over President Trump's defense budget ambitions. Democrats, now in control of Congress, are resisting Trump's call for a $1.5 trillion increase in defense spending. This development poses a critical challenge as lawmakers must soon tackle the defense policy bill alongside the fiscal year 2027 budget.

Workout after work: India Inc flexes its fitness muscle

Employers in India are enhancing workplace fitness programs to promote well-being and active lifestyles among employees. Companies like Procter & Gamble and InMobi now offer gym facilities and wellness initiatives. The demand for fitness programs is rising among mid-sized businesses and startups, providing greater access to wellness resources.

Workout after work: India Inc flexes its fitness muscle as employers make workplace wellness harder to skip

Indian companies are expanding workplace fitness programmes, offering employees access to office gyms, group exercise classes, personal training, sports facilities and memberships across multiple locations. Procter & Gamble, InMobi and Walmart Global Tech are among the employers investing in employee wellness, while fitness providers Cult for Corporates and Fit.Zone report growing corporate demand. The focus is increasingly shifting from offering fitness as an employee perk to encouraging greater participation and making healthy routines part of the working day.

Agnipath reset puts age, talent & pension goals to test

Agnipath, introduced in 2022, aimed to reform military recruitment by allowing soldiers to serve for four years. Recent changes now allow all Agniveers to retain permanent service after their tenure. This shift could affect the average age of soldiers, previously intended to decrease. The decision may also impact the annual pension bill and the creation of trained ex-soldiers for civilian roles.

Activists breach Microsoft data centre construction site as protests spread in Europe

Activist groups have announced actions in 16 countries on Friday and Saturday, according to the "Stop Dirty Data Centres" coalition, which is rallying environmental groups and digital rights campaigns behind calls to pause large-scale construction.

HSBC India arm leases 1.2 lakh sq ft office space in Bengaluru

HSBC's India division has secured a long-term sub-lease for more than 120,000 square feet of office space. This transaction is located in the commercial tower Ecospace Campus 1C on Outer Ring Road, Bengaluru. The lease includes a financial commitment of approximately Rs 191.84 crore over an initial five years. Following the lease terms, there is an option for a five-year extension at the same rate.

Pralay missile test: How India's new weapon, twice as fast as BrahMos, could counter China-Pakistan threats and strengthen its upcoming Rocket Force

India's indigenous Pralay missile recently underwent a successful user evaluation trial, moving closer to deployment. With a range of 150 to 500 km, it is designed for precision strikes on military targets. The missile is expected to play a critical role in India's planned Rocket Force, enhancing conventional deterrence capabilities. Additionally, the Pralay missile will complement the BrahMos system, adding operational flexibility to the armed forces.

Mecca pact with Pakistan creates uproar in Turkey parliament: MPs ask why risking Turkish youth for foreign governments' political ambitions

Türkiye has approved a defense pact with Pakistan and Saudi Arabia that commits to mutual assistance. This agreement may lead to Turkish support if Pakistan faces conflict with India. Critics in Türkiye have expressed concerns over the implications for national security commitments. The pact includes a ten-year clause preventing member withdrawal, which raises flexibility questions. Parliamentary approval is required before sending Turkish troops, but concerns about political pressure remain.

Stock markets down today: Dow Jones plunges 1,753 points, S&P 500 drops 4% and Nasdaq enters correction - why Wall Street reversed its post-election rally

Stock markets down today: Wall Street's post-election rally quickly turned into a major sell-off as the Dow plunged 1,753 points and the Nasdaq entered correction territory. Fears that Democratic victories could slow AI data-center expansion triggered heavy losses in Nvidia, AMD, Micron and other technology stocks, wiping out Wednesday's gains.

DRDO conducts flight-test of ‘Pralay’, the indigenously developed quasi-ballistic missile

Cosmoserve Space raises $6 million, sets up India's first space debris removal facility in Hyderabad

The facility comprises an orbital rendezvous and capture lab, a space robotics innovation lab, an ISO Class 8 satellite integration clean room and a mission simulation and control centre. It will enable the company to design, build and test robotic capture systems and develop capabilities for satellite servicing, including in-orbit repairs and refuelling.

Arm beats second-quarter revenue estimates on AI and data-center demand

Arm said its server-chip architecture accounted for more than 50% of deployments at major cloud providers in 2025 and is expected to exceed 60% by the end of 2026.

What the midterms elections mean for US-China ties

A recent victory for Democrats in the US midterm elections may reshape relationships with China in several ways. Control of Congress allows them to limit President Donald Trump's tariffs on Chinese products, which may influence ongoing trade negotiations. Taiwan could become a critical issue, especially if Democrats push for arms sales to support the island. Beijing might perceive Trump’s weakened political status as an opportunity to apply pressure on him.

"Very important and excellent decision": Defence expert Sanjeev Srivastava hails Agnipath's tenure extension

Defence Expert Sanjeev Srivastava on Wednesday hailed the Centre's decision to grant a two-year extension to 75 per cent of Agniveers as a "very important and excellent decision" that will give them a fresh opportunity to serve and a chance for permanent enrolment.

US stock futures rise after midterms: Why are Dow Jones futures up nearly 800 points despite a Democratic sweep? S&P 500, Nasdaq gain as AMD and Nvidia stocks climb

Why are US stock futures rising after Democrats win the Senate and House? Dow leads Wall Street rally as AMD, Nvidia and semiconductor stocks gain. Earlier, at 06:02 ET, Dow futures were up 801 points, or 1.6%. S&P 500 futures were up 80 points, or 1.1%, and Nasdaq 100 futures were up 286 points, or 1.0%.

Agnipath scheme: All Agniveers to be offered regular enrolment after 2-year extended engagement

The Union Cabinet has approved a revised Agnipath scheme offering all Agniveers a pathway to regular military service. The top 25% will be absorbed after four years based on merit, while the remaining 75% can opt for a two-year extension with higher pay, enhanced Seva Nidhi and seniority benefits before enrolment.

India's payments authority NPCI forms unit to push into AI, blockchain tech

The National Payments Corporation of India has created a technology subsidiary known as NPCI Tech Solutions Limited. This new unit will focus on advancements in AI, blockchain, and digital financial infrastructure. Vishal Kanvaty has been appointed as the managing director and CEO of the subsidiary. NTSL aims to enhance capabilities beyond NPCI's core payments responsibilities. The initiative highlights India's commitment to developing its banking and financial services technology landscape.

India's payments authority NPCI forms unit to push into AI, blockchain tech

The payments authority's chief technology officer Vishal Kanvaty, who has been associated with NPCI for nearly a decade, has been appointed the managing director and CEO of NTSL, it said.