INDIAS DIGITAL INFRASTRUCTURE
MEA says "power grid integration" with ASEAN is promising as India eyes deeper digital cooperation
India is looking to solidify partnerships with ASEAN countries in digital public infrastructure and telecommunications. The country seeks to leverage its experience in power grid integration for regional energy security. Prime Minister Narendra Modi's upcoming visit to the Philippines will coincide with the 49th ASEAN Summit. Various world leaders will participate in discussions on regional cooperation and challenges.
Desible.ai raises Rs 32 crore in round led by Prime Venture Partners
Founded in 2025 by Uttam Tiwari and Omkar Raikar, Desible.ai is building an AI-powered workflow orchestration platform that helps financial institutions automate customer engagement, servicing, collections, and compliance-related processes. The company started with voice-based automation and is expanding its platform to channels such as WhatsApp, SMS, and email.
Bodhi Tree invests $180 million for majority stake in Adyar Ananda Bhavan
Bodhi Tree Systems, backed by James Murdoch and Uday Shankar, has invested $180 million for a majority stake in Adyar Ananda Bhavan, or A2B, as it looks to scale the South Indian food brand in India and overseas. The partnership will focus on restaurant and packaged-food expansion, digital capabilities and manufacturing, with Uday Shankar becoming chairperson of A2B’s new board.
Kattappa stabbed Baahubali, but India won't: Piyush Goyal's message to a world full of betrayals
Piyush Goyal Katappa video: Piyush Goyal has invoked the famous Kattappa-Baahubali question from SS Rajamouli's blockbuster to highlight India's position as a reliable global trade partner. He says countries seeking trustworthy business partners can count on India, which stands by its commitments and never betrays its partners.
ReNew bets Rs 80,000 cr on Andhra Pradesh’s green data centre, clean energy push
ReNew Energy Global Plc will make significant investments in Andhra Pradesh, focusing on clean energy and digital infrastructure. The company plans to establish a 1 GW green hyperscale data centre in Anakapalli and develop polysilicon manufacturing facilities. Additionally, it aims to set up a permanent magnet manufacturing facility in Rambilli, increasing domestic manufacturing capabilities. ReNew will also collaborate with the Andhra Pradesh government on technical skilling initiatives.
AI can bring productivity gains with job risks; impact on India not yet clearly visible: Moody's
Artificial intelligence is expected to improve productivity in IT services and BPO sectors in emerging markets. Moody's predicts GDP growth for India will rise to 7% in 2027. The lack of digital infrastructure and skills could limit how emerging markets benefit from AI.
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Beyond Retirement: Why India needs a new architecture for ageing
India’s retirement planning focuses heavily on money and healthcare but often overlooks the need for continued cognitive stimulation, social connection and a sense of purpose in later life. Drawing on the Saptasopan model and personal experience, the author argues that structured senior-engagement programmes should be scaled through CSR, housing communities, educational institutions and hybrid platforms as part of India’s ageing infrastructure.
Use FTAs to build joint ventures, explore investment opportunities: CII President to industry
R Mukundan, the CII President, stressed the crucial role of Free Trade Agreements (FTAs) in fostering joint ventures and enhancing investment prospects. He noted India's resilient economic growth, even faced with global challenges like geopolitical tensions and elevated energy prices. The broadened scope of India's FTAs promises to enrich economic interactions and spur advancements in emerging technologies such as AI and biotechnology.
Bright Outdoor Media moves to BSE, NSE main boards, eyes expansion in digital advertising
Bright Outdoor Media has moved its shares to the main boards of BSE and NSE. The company aims to expand its outdoor advertising network and digital billboard portfolio. Founded in 1980, it operates over 1,350 hoardings and 50 digital LED billboards in Mumbai. The transition follows its listing on the SME platform in March 2023, establishing a significant moment for the OOH advertising industry.
For investors with medium-term outlook: 5 large-cap stocks with upside potential of up to 23%, according to analysts
The headwinds hitting the market are not just easing now. Some of them are actually turning into tailwinds. That is a real change. The broader market is inching higher, and the Nifty and the Sensex are moving up with it. For months, the bulls were trying and failing to get a foothold. This time the attempt looks more serious, because the macro picture, for once, is working for rather than against them.
Fraud through calls, messages a global threat: MoS Telecom
Minister of State for Telecom Chandra Sekhar Pemmasani highlighted the threat of fraudulent activities at the ITU Plenipotentiary Conference. He emphasized the importance of trust in technology alongside expanding telecom network coverage. India's fraud alert system has successfully prevented significant monetary losses in recent years. The digital infrastructure in India has seen massive growth, with internet subscriptions reaching over 1.1 billion.
UPI sees Diwali boom; AI cracks Captcha
Diwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This and more in today’s ETtech Top 5.
EkaCare selected as tech partner for National Health Authority's Ambient AI-enabled Voice Scribe solution for doctors
EkaCare was selected through NHA's Expression of Interest process for Open-Source Ambient AI Enabled Voice-to-Text Solutions for Digital Health Record Creation under ABDM
India-US hold bilateral talks in New Delhi on Customs and trade facilitation: Govt sources
A US delegation engaged with Indian Commerce Ministry officials to enhance bilateral trade and customs procedures. The discussions took place on November 2-3 and focused on trade facilitation frameworks. Ongoing negotiations are related to the proposed Bilateral Trade Agreement aimed at improving market access. Both nations are close to finalizing an interim trade agreement, with few issues left to resolve.
UPI volume, value post strong growth during Diwali as festive spending lights up digital payments
This year, November 6, which coincided with Dhanteras, recorded UPI transactions worth Rs 1.37 lakh crore, the second-highest daily transaction value on record. Dhanteras is traditionally considered as an auspicious day to make high-value purchases. Transaction volumes hit a record the following day, November 7, at 975.8 million.
How intelligent commerce is shaping the next frontier of merchant payments
For a decade, the task in India’s merchant payments was to get every shop and website to accept digital money. The value, leaders argued, at GFF 2026, is now moving to identity, risk, credit and growth, and to preparing the checkout for AI agents that may soon shop on consumers’ behalf.
The next problem to solve: When money arrives, what can merchants do in the meantime?
At GFF 2026, PRISM founder Ritesh Agarwal and Adyen’s Chief Commercial Officer Roelant Prins discussed why, for merchants such as small hotel owners, how quickly money arrives now matters as much as whether a payment is accepted, and why AI is changing back offices faster than it is changing how people buy.
India’s product landscape is changing: Which products are setting the benchmark across technology, finance, and consumer markets?
The ET Product of the Year Awards 2026 showcase India's rapidly growing product ecosystem by honoring groundbreaking innovations across diverse sectors such as enterprise technology, financial services, and consumer markets. These awards place emphasis on products that have made a significant market impact, gained customer adoption, and demonstrated exceptional innovation, motivating companies to present their tangible successes and contributions to the industry.
Growing demand, demographics, digital agenda & energy security are long-term and secular tailwinds for India: Macquarie’s Ed Northam
Head of green Investments for the Australia’s largest asset manager said the firm is looking to reboot its India operations. While renewables will remain the biggest focus, industrial energy transition and E-mobility will be other key areas, he said. Since 2005, Green Investments group has deployed over $21 billion across 94 investments worldwide.
NSE rolls out direct-to-chip liquid cooling to scale AI computing capabilities; plans to scale GPU capacity beyond 80 this quarter
The NSE has deployed Direct-to-Chip Liquid Cooling technology at its on-premises data centre to support expanding AI infrastructure. The exchange plans to scale its GPU capacity to more than 80 units this quarter, with the cooling system designed to accommodate up to 224 GPUs across high-density racks.
India's ChatGPT boom faces a reality check as free AI use meets rising costs
India has emerged as ChatGPT's largest market, driven by its vast digitally connected population and widespread access to free AI services. However, as AI infrastructure expands and computing and energy costs rise, companies face the challenge of recovering investments. Convincing price-sensitive Indian users to pay for AI remains difficult.
India on right track in AI; firms moving from pilots to production: Oracle's Shailender Kumar
Indian businesses have shifted from AI pilot projects to widespread deployment, discovering tangible benefits. Cost, skills, and infrastructure remain obstacles that companies face in this transition. Oracle India is actively engaging with educational institutions to improve data science training and address skill gaps. Growing data centers are enhancing the country’s AI infrastructure and supporting business needs.
EAM Jaishankar meets Guyana President, announces $500 million Line of Credit extension
S Jaishankar recently met with Guyana President Irfaan Ali to review their bilateral cooperation agreements. They discussed the implementation of a UPI-like system and the extension of a USD 500 million Line of Credit. Additionally, agreements were signed for manufacturing projects and Quick Impact Projects in Guyana. Jaishankar also engaged with leaders from Australia and the United Kingdom to strengthen economic partnerships.
EAM Jaishankar discusses economic partnership, CETA with UK’s Burnham on CHOGM sidelines
S Jaishankar met UK Prime Minister Andy Burnham in Antigua and Barbuda for CHOGM 2026 discussions. They focused on strengthening economic partnerships under the Comprehensive Economic and Trade Agreement. Jaishankar emphasized the importance of digital solutions and climate initiatives during a Commonwealth meeting. He highlighted local distribution networks and the role of the Indian business community in fostering connections.
Unilever announces €35 million investment for R&D expansion in India’s Mumbai and Bengaluru hubs
Unilever announced a plan to invest an additional €35 million in its Indian research and development operations. The investment aims to enhance product innovation and biotechnology capabilities at its Mumbai and Bengaluru centers. Unilever has already invested €20 million over the past five years towards developing various research facilities in India.
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.
OneStack raises Rs 12.5 crore to take cooperative banks deeper into UPI ecosystem
OneStack, a fintech provider, secured ₹12.5 crore funding to enhance cooperative bank participation in UPI payments. The funding will help expand services among cooperative banks and NBFCs while developing compliance offerings. Partner banks can now act as UPI issuers and acquirers, which improves revenue opportunities. This shift allows banks to maintain direct relationships with customers and merchants while managing transaction data.
S&P affirms Reliance Industries' 'A-' credit rating, cites Jio listing, stronger earnings
S&P Global Ratings has affirmed Reliance Industries’ (RIL) ‘A-’ long-term issuer credit rating with a stable outlook, citing resilient earnings, strong cash generation and improved funding flexibility following the listing of Jio Platforms.
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