TECHNOLOGY FIRMS
Tata Electronics in talks to raise $2 billion for expansion
The first tranche is likely to be up to $800 million, with initial pricing discussions around SOFR plus 180 basis points. The talks are at an early stage, with the final size, pricing and lender participation yet to be firmed up. The loan could be priced at around 6%, assuming SOFR remains at around 3.9%.
China is building inside Europe's trade walls, deepening its grip on critical industries
(The opinions expressed here are those of the author, the director of the Geoeconomics Program of the Center for the Study of Democracy)- China doesn't
Drugmakers tap China AI app boom to reach doctors as crackdown upends marketing
As scrutiny intensifies, Chinese pharmaceutical companies are shifting gears toward digital marketing initiatives. Traditional face-to-face communications are waning, prompting the industry to embrace AI-fueled applications for connecting with healthcare providers. These tools facilitate compliant relationships, sparking partnerships among health-tech firms to disseminate clinical information through digital channels. This marks a pivotal change in marketing dynamics within the pharmaceutical landscape.
Prosus widens India fintech play after years of consumer internet bets
The Amsterdam-listed technology investor is also close to investing in artificial intelligence-led credit management startup Oolka, people familiar with the matter said. Prosus evaluated credit-on-Unified Payments Interface (UPI) startup Kiwi in October and savings platform Jar in 2025 before deciding not to invest. Prosus declined to comment on specific deals.
Rippling steps up AI hiring in India, looks to expand enterprise push
The firm is hiring principal engineers, senior staff engineers and senior directors among others as the lab focuses on developing core components of Rippling’s global AI platform, Parandekar told ET in an exclusive interaction.
Local partner wanted for Xiaomi ‘home’ coming
The proposal is in the exploratory phase, but the Chinese technology company is set to begin evaluating potential Indian suppliers, according to one of the persons who did not wish to be identified. “It marks a natural progression for Xiaomi as it has committed to expanding beyond air purifiers into categories such as air conditioners, refrigerators and washing machines,” the person said.
- Go To Page 1
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.
Nvidia scandal rocks tech world Web Summit
Allegations of Chinese spying on Nvidia dominated a top world tech conference on Tuesday, with some executives seeing potential opportunities in the turmoil at the US artificial intelligence chip giant. Chinese technology executives attending the summit highlighted emerging alternatives to Nvidia.
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.
Spy targeting Nvidia CEO was alleged China intelligence service recruit: Report
The Chinese businesswoman, with whom Nvidia's Chief Executive Officer (CEO) Jensen Huang had alleged ties, was recruited as a spy for China’s Ministry of State Security, The New York Times reported, citing a memo circulated among policymakers in the Trump administration.
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.
Kiss your wife goodnight: Donald Trump says he threatened to arrest unnamed top AI executive
US President Donald Trump revealed he issued a serious threat to an unnamed AI executive regarding security issues. After receiving intelligence about risk from an AI firm, he intervened directly with a warning of imminent arrest. Trump emphasized the need for American technological dominance in the face of competition from China and expressed a willingness to work with Democrats on regulations.
Moonshot AI rents Nvidia’s top AI chips in China, documents show
Documents indicate that Moonshot AI possibly accessed advanced Nvidia chips despite US export restrictions and related investigations. The servers were reportedly rented from Super Micro Computer Inc. with significant financial backing from Lingmeixin Technology Co.
Chinese chipmakers Denglin and Xinde make mixed Hong Kong market debuts
Chinese chipmakers Suzhou Denglin Technology and Jiangsu Xinde Semiconductor Technology made contrasting Hong Kong market debuts after raising a combined HK$2.36 billion through their IPOs. Denglin opened 0.9% below its offer price, while Xinde gained 20.5%. Both companies plan to use most of the proceeds to expand their semiconductor businesses.
BPO jobs on a seesaw as bots call the shots
Voice AI is driving call centres even as hiring grows, but the shift towards complex tasks leaves freshers scrambling for a new career ladder.
From streaming to software, microdrama startups rewrite their growth pitch
Peak XV Partners-backed Dashverse has discontinued its consumer platform DashReels and is looking to raise $30-40 million, largely for Frameo AI, its video production software for businesses. Eloelo, which raised $80 million this week led by Hornbill Capital and NBCUniversal, is investing in Dolphin AI, its new production suite, alongside content creation and international expansion.
Nvidia controversy stokes export scrutiny risks for South Korean chipmakers
Samsung Electronics and SK hynix could experience greater export compliance challenges due to Nvidia's scrutiny over AI chips. US authorities have not announced new regulations yet, but potential measures might emerge. Chief Executive Jensen Huang's personal matters have spurred investigations into Nvidia's business dealings. A closed-door inquiry is scheduled to review security frameworks and contacts with foreign entities.
Nvidia board probes whether CEO Jensen Huang was targeted in Chinese intelligence operation
Nvidia's board has launched an independent investigation into allegations that CEO Jensen Huang may have been targeted by a Chinese intelligence operation through former Megaspeed executive Alice Huang. The probe will assess potential exposure of confidential information and national security risks amid escalating US-China technology tensions. Nvidia says it has found no evidence of compromised secrets.
Anthropic wants to create new billionaires through its IPO, but American voters are growing tired of Big Tech's wealth explosion
Anthropic is preparing for a significant IPO amid growing public resistance to AI-related infrastructure projects. Investors are discussing a valuation between $1 trillion and $1.5 trillion for the Nasdaq listing. Communities express concerns over environmental impacts and rising electricity costs linked to data centres. Public sentiment is shifting against technology companies, raising questions about economic benefits versus local costs.
Karnataka, Uber discuss passenger safety, regulatory issues and urban transport
Karnataka Minister Priyank Kharge recently met with the Uber India Public Policy team to discuss urban mobility. The discussions emphasized passenger safety, regulatory issues, and improvements in urban commuting services. Kharge mentioned that further engagement with ride-hailing platforms will enhance public transportation. Additionally, initiatives like the Bengaluru Urban Mobility Mission are underway to address traffic management and safety.
Nifty bulls reclaim 25,000 mark as FIIs step up India buying: 5 factors that will determine D-Street's fate next week
Indian equities rallied nearly 9% last week as the Nifty reclaimed 25,000 and the Sensex gained 8.82%. FIIs bought Rs 45,960 crore, while DIIs sold Rs 24,197 crore. Investors will track AI stocks, crude oil, geopolitical developments, US Treasury yields, India's October inflation data and Nifty technical levels in the coming week.
Spy targeting Nvidia CEO was alleged China intelligence service recruit: NYT
The Chinese businesswoman, with whom Nvidia's CEO Jensen Huang had alleged ties, was recruited as a spy for China’s Ministry of State Security, The New York Times reported, citing a memo circulated among policymakers in the Trump administration.
Goldman Sachs names 109 new global partners, 14 Indians make the cut; two promoted in Bengaluru
As of January 1, 2027, Goldman Sachs is set to elevate 109 employees globally to partner roles. Among these, there are 14 Indians across global offices, including two based in India, with Gowri Sekar making history as the first female partner from the Indian offices. This year's promotion intake marks the highest since 2010, highlighting the firm's focus on its significant Indian engineering workforce.
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.
AI backlash could threaten Anthropic IPO timing, potential investors say
Investors are pushing for a more attractive valuation to commit to the offering, with some viewing the recently discussed $1.5 trillion valuation as being at the high end of expectations, the people told Reuters.
Indian GCCs set to add 35k jobs in 2027
ANSR expects these jobs – ranging from 30,000 to 35,000 - to be added by 160-175 new greenfield GCCs amid an increasing number of inquiries from US mid-sized companies. The caveat emptor: Experts say this interest is yet to translate into plans for large-scale relocation of jobs from the US.
Nvidia chips pile up in Hong Kong as China withholds import approval
About 600,000 of Nvidia's advanced artificial intelligence chips are stored in Hong Kong awaiting shipment to mainland China, two people familiar with the matter said, as Beijing withholds approval for large-scale imports despite demand from technology firms.
Premji Invest goes big on strategic output & tech
Premji Invest and Singularity AMC are likely to lead a $30-40 million round in Sanlayan at a valuation of about $200 million, according to the people. Separately, Premji Invest is in advanced talks to lead Hical’s first institutional funding round of $30-40 million, alongside TVS Capital.
Load More
