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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.
CleanMax plans ₹50,000-crore investment in Andhra Pradesh to power 2 GW green compute factory
CleanMax Enviro Energy Solutions Ltd has signed an MoU to invest ₹50,000 crore in Andhra Pradesh for developing clean energy. The investment will include 3 GW of renewable capacity and a compute factory in Kurnool district. They plan to ensure round-the-clock electricity through integrated power infrastructure combining wind, solar, and storage systems. Additionally, CleanMax will implement training programs for local youth and upgrade educational infrastructure.
‘The MBA model will remain the same. The content will change’: IIM Ahmedabad director
IIM Ahmedabad is gearing up to unveil a cutting-edge executive MBA program in Dubai, specifically designed for senior leaders. This initiative seeks to bolster managerial expertise and align with the needs of an AI-centric landscape. The innovative curriculum will incorporate AI concepts, alongside knowledge from industry pioneers, evolving traditional MBA structures to address the challenges posed by emerging technologies.
ET AI Awards 2027 are here: Discover if your AI innovation is ready for the spotlight of a national stage!
Celebrating the future of technology, the ET AI Awards 2027 acknowledges key innovations and leadership in AI from various industries in India. With an impressive array of over 40 categories, these awards emphasize the importance of AI developments by startups, SMEs, and large enterprises, offering a valuable stage for recognizing their contributions to the AI ecosystem.
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.
Gold ETF inflows fall 22%, but silver jumps 57% in October. Is it time to rebalance your portfolio?
In October, gold ETFs saw a significant drop in inflows, decreasing by 22% from the previous month. In contrast, silver ETFs experienced a striking surge of 57% in inflows. This shift sparks curiosity regarding changing investor preferences between these metals. Analysts suggest that the uptick in silver may be driven by transient trends rather than a substantial market shift. Investors should evaluate their risk tolerance before adjusting their investment strategies.
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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.
He joined a fire department as a volunteer at 15, left Goldman Sachs to build a $225 million used fire truck marketplace targeting a $1 trillion market
Martin Hunt joined a volunteer fire department at 15, worked at Goldman Sachs and then left finance to build Garage, an AI-powered marketplace for used heavy equipment. Now 27, he has raised $41 million for the startup, which is valued at $225 million and aims to tap a $1 trillion market.
In the 1920s, Madrid, New Mexico, grew into a coal-mining town of 2,500; by 1960, only two families remained as demand for coal declined
Once a bustling coal mining hub, Madrid, New Mexico, boasted around 2,500 residents until the arrival of natural gas in 1949 prompted a swift decline in coal usage. By 1960, only two families remained amidst a landscape of deserted homes and shops. However, the 1970s ushered in a renaissance as artists and craftsmen rejuvenated the area, transforming Madrid into a vibrant tourist attraction while preserving its rich mining history.
Bigger cheques, fewer winners in India’s AI boom
Indian AI startups raised $1.6 billion in funding during the first nine months of 2026. While AI infrastructure attracted significant investments, application startups faced declining funding and challenges in securing customers. Large transactions constituted most of the total funding, highlighting a disparity in investment distribution.
Time to shed fear and think positive? 5 mid-cap stocks from different sectors with upside potential of up to 33%
Mid-cap stocks tend to move more than large-caps. And that works both ways. They rise faster when the market is rising, and fall harder when it is falling. Keep that in mind as the market’s mood changes for the better because oil prices are dropping and the macro worries responsible for the long sell-off are starting to go away.
Electronics Inc runs ops update to build AI infra
India’s electronics manufacturers are moving into AI data centre infrastructure, targeting optical transceivers, advanced packaging and specialised cooling systems. Dixon Technologies, Samsung, LG, Blue Star and PG Electroplast are exploring production opportunities as global demand rises. The shift could attract investment, improve margins and strengthen India’s position as an export hub.
Chipmakers warn AI demand is creating bottlenecks in automotive supply chain
Nexperia says it is heavily oversubscribed as chipmakers redirect capacity towards higher-margin AI data-centre products, creating shortages of mature semiconductors used in vehicles and industrial equipment. Industry executives warn that the AI investment boom is worsening bottlenecks across automotive and industrial supply chains.
H-1B visas in focus :IBM to end green card sponsorship for roles in biggest unit
IBM is ending H-1B visa and green card sponsorship for most roles in its consulting division, its largest business unit with more than 150,000 employees, amid the Trump administration's crackdown on the visa programme. Affected employees can continue working for the company outside the US or leave by the end of the year, according to an internal document seen by Bloomberg.
PHD Chamber seeks capital gains tax rationalisation, doing away with BCD on feedstock
The PHD Chamber of Commerce and Industry has urged the government to abolish long-term capital gains tax on equity investments, cut short-term capital gains tax to 10% and reduce securities transaction tax (STT) rates in its pre-Budget recommendations for FY28.
Disney taps Adobe to build custom AI for its theme parks, studios and ESPN
Disney has partnered up with Adobe on a multi-year deal in order to develop custom AI models trained on its characters, visual styles and fictional worlds. The technology will be explored across Disney’s theme parks, cruise line, film studios and ESPN, with applications ranging from concept art to sports content production.
NTPC submits two coal gasification project proposals under govt's Rs 37,500 crore scheme
NTPC Limited has submitted proposals to establish coal gasification projects for producing urea, methanol, and dimethyl ether. The Ministry of Coal announced that applications for the third round will open on November 10. January 11, 2027, is set as the deadline for these applications. The government's initiative aims to expand domestic production and support the broader use of indigenous resources.
Microsoft presses Trump to scuttle expected ban on Chinese data center technology: Report
Microsoft is lobbying against a proposed ban on Chinese optical transceivers essential for artificial intelligence data centers. The Trump administration's decision could significantly impact the speed of data center development in the US. Industry groups have expressed concerns about potential supply chain disruptions and competitive disadvantages. The Federal Communications Commission is currently deliberating on the implications of this ban.
Microsoft presses President Trump to scuttle expected ban on Chinese data centre technology
Reuters reported in August that the Trump administration wants to ban US imports of new models of Chinese optical transceivers, which allow data to travel over fiber-optic cables at the speed of light within data centers. The concern is that they could be used by Beijing to steal data, install malware or disrupt service at US data centers.
It's the ecosystem, stupid! Anand Mahindra celebrates India's rise to the top 3 in the AI race, beating the UK, Japan and South Korea
Anand Mahindra has welcomed India's rise to the top three in Stanford's global AI vibrancy rankings, ahead of countries such as Japan and South Korea. He believes India's software talent, systems integration expertise and huge domestic market could give it a significant advantage in the global AI race. Explaining his optimism, Mahindra said the next big AI opportunity could come from applications, industry-specific expertise and enterprise-wide adoption rather than chips and foundational AI models.
AI innovation in sports: Technology driving the next phase of sports development
Artificial intelligence is creating new opportunities across the sports ecosystem, from performance analysis and sports administration to technology development and wider participation. The ET AI Awards 2027 recognises organisations, technology providers and initiatives advancing the application of AI in sports through its AI Innovation in Sports category.
From tyres to footwear: How Brisil is finding new uses for rice husk ash
Rice husk ash is often treated as industrial waste. Vadodara-based Brisil converts it into green silica—a material used in tyres, footwear, paints, toothpaste, and rubber products, offering industries a lower-carbon alternative to silica made from mined sand and quartz.
When AI starts operating machines, the network becomes industrial infrastructure
As manufacturing and automation expand together, networks built to serve billions of people will increasingly serve tens of billions of machines and AI agents as well. Treating those connections as industrial infrastructure, and planning them for that scale, will determine how well physical AI works once deployments move from individual use cases to whole industrial environments.
Rising maize diversion for ethanol production may fuel food inflation
Oil marketing companies have increased maize demand for ethanol, which is raising concerns for animal feed costs and inflation. Maize prices have doubled compared to last year amid projections of declining kharif production. Ethanol manufacturing is experiencing high competition for maize due to reduced sugarcane availability. Experts warn that heightened maize prices will affect poultry farmers and ultimately consumers.
DGTR begins anti-dumping probe against certain aluminium imports from China, others
The Directorate General of Trade Remedies (DGTR) has launched an anti-dumping investigation into aluminium extrusion imports from China, Malaysia, Vietnam and Thailand following a complaint by the Aluminium Extrusion Manufacturers Association of India.
Google to introduce two variants of in-house chips: Bloomberg News
The search giant's shares were up more than 2% in premarket trading. Through last close, the stock has fallen 9% so far this year. Alphabet did not immediately respond to a Reuters request for comment. Reuters could not independently verify the report.
Stock Picks of the Week: 5 stocks with consistent score improvement and upside potential of up to 35% in 1 year, according to analysts
The market weathered a whole bad patch with almost no FPI money coming in. But it cuts the other way too. When so little has been flowing in, even a small amount of FPI buying can move the market more than it normally would. That said, the mood has turned from bearish to cautiously optimistic, thanks largely to dropping oil prices. None of that changes your basic job as an investor: Study companies, look at earnings, and keep quality front and centre.
In 1793, England completed an inclined plane that carried canal boats 207 feet uphill on wheeled cradles before returning them to the water
Around 200 years ago, a brilliant team of engineers in England created the Hay Inclined Plane, revolutionizing canal boat transport. This ingenious design enabled boats to move between the River Severn and the Shropshire Canal bypassing locks. By harnessing gravity and the power of counterweights, the system enhanced transport efficiency. As railways became more prevalent in the 19th century, its importance waned.
Nearly 90% students prioritise skills over degrees, reveals a survey
A survey of over 2,000 students found that 88% prioritise practical skills over degrees and academic grades for career success. The findings highlight growing demand for industry exposure, AI-based learning, internships and entrepreneurship opportunities in higher education.
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