Technology
technology, AI, digital services, science, research, space
Pay per token: E2E opens Blaze, an India-hosted AI inference service on Nvidia
E2E Networks launched Blaze on Tuesday, a pay-per-token inference service for open AI models with a single OpenAI-compatible endpoint. It runs on Nvidia GPU infrastructure and DSX OS components. The company's India-hosted AI factory capacity is being scaled to 14.6 MW.
Jio wants equity, not fees: talks with Comcast and Charter to licence its broadband tech
Jio Platforms is in talks with global telecom and cable firms including Comcast and Charter to licence its unlicensed band radio technology in exchange for possible equity stakes. Talks with South Africa's MTN fell through.
No internet, no problem: Indian AI models that run offline in 11 languages
Two IndiaAI Mission-backed startups launched indigenous foundation models in New Delhi on Wednesday. ZenteiQ's Dhir 2B and Dhir 5B, and Soket Labs' EKA-1, work without an internet connection and are built for defence, government and education use. The models are meant for air-gapped settings where data cannot leave the machine.
Canva cuts 1,271 jobs, a fifth of its staff, and calls it the hardest year yet
Canva will cut, change or relocate 1,271 roles, about 22% of its global workforce, in a restructure announced by CEO Melanie Perkins. Growth slowed for the first time in a decade, she told staff. The company employs more than 5,700 people across 37 countries, including India.
192 e-SIMs and 'Made in China' boxes: Lucknow police chase a cross-country call-fraud network
Investigators examining six seized 32-port SIM box devices in Lucknow found 192 active e-SIMs running on them, far more than first believed. The devices carry 'Made in China' markings and police suspect they entered India through unofficial channels. They are probing whether the network was used for digital arrest scams and fake investment schemes.
Airtel and Carlyle put $1 billion into Nxtra, valuing the data centre arm at $3.1 billion
Bharti Airtel, Carlyle, Alpha Wave Global and Anchorage Capital will invest $1 billion in Nxtra Data, Airtel's data centre arm. Alpha Wave puts in $435 million, Carlyle $240 million, Anchorage $35 million and Airtel about $290 million. The deal values Nxtra at around $3.1 billion, up from $1.2 billion in 2020.
UPI clocks a record 25.47 billion transactions in October as daily value tops Rs 1 lakh crore
UPI recorded 25.47 billion transactions in October, and the daily value of transactions crossed Rs 1 lakh crore for the first time. Razorpay received its final IFSCA licence to run cross-border payments from GIFT City in the same month. MobiKwik posted a record quarterly profit of Rs 11.8 crore, while Capillary Technologies turned profitable with Rs 22 crore on Rs 271 crore of revenue.
ChatGPT's biggest market in the world is now India. Next stop: UPI
India has become ChatGPT's largest market by weekly active users, with the local base doubling since January, OpenAI India managing director Prabhjeet Singh said. The company is pushing voice and Hindi, working on entry-level phones, and will announce UPI and payments features in the coming weeks.
Four satellites short and running on one clock: how NVS-03 pulled NavIC back
ISRO's GSLV-F18 placed the 2,250-kg NVS-03 navigation satellite in orbit on Friday night, restoring capacity to NavIC, which had been hobbled since a defunct atomic clock on IRNSS-1F failed in March. ISRO chairman V. Narayanan said about 80 per cent of launch-related spending goes to Indian private and public companies.
Telcos will have to declare where AI sits in their networks: TRAI gives until 27 November
TRAI's draft guidelines, dated 30 October, would make licensed telecom operators answerable for every AI system they run, in-house or bought, and require equipment vendors to disclose where AI sits inside their products. Comments are open until 27 November.
Rs 4,600 crore moved out through stablecoins, ED says after raids on Mudrex-linked offices
The Enforcement Directorate searched three premises in Bengaluru and one in Madhya Pradesh in a FEMA case against RPAS Technologies, which runs Mudrex and Saber.money. Its preliminary finding: unauthorised cross-border transfers and foreign crypto balances above Rs 4,600 crore.
10,000 km of fibre for AI: Tata Communications bets ₹4,350 crore on data centre corridors
Tata Communications will spend ₹4,350 crore, or $400-450 million, to lay about 10,000 km of long-haul fibre linking India's AI and data centre hubs, funded from operating cash flows. The first phase covers Mumbai, Pune, Hyderabad and Chennai. The company expects to add about 6 petabits per second of capacity between FY2030 and FY2036.
One engineer's laptop, $6.3 billion gone: Binance says it will repay every user
Binance put the impact of its security breach at about $6.3 billion, the largest crypto theft on record, and said roughly $3 billion has been frozen on-chain. The exchange's preliminary probe points to a compromised DevOps engineer's laptop that gave an attacker access to a service container. Binance says the SAFU fund will cover all losses and withdrawals resume within 45 hours.
'Digital arrest' fraud: if the bank's checks failed, the victim gets the money back, Supreme Court tells RBI
The Supreme Court has said RBI's proposed KYC rules must require banks to compensate digital arrest victims by at least the amount lost where the fraud went through because the bank failed due diligence. It also wants banks to hold unusual transactions, alert the nearest police station and verify physically before releasing money.
At 11.51 pm, a launch to put NavIC's spine back: ISRO flies a rocket with a risky change
ISRO will launch the NVS-03 navigation satellite on the GSLV-F18 rocket from Sriharikota at 11.51 pm on Friday. The 2,232-kg satellite goes into a geosynchronous transfer orbit, and ISRO will fly it with its pyrotechnic valves already open, a departure from protocol meant to avoid the connector failure that stranded NVS-02 in January 2025.
AI will run your network. TRAI's draft rules ask who answers when it gets it wrong
The Telecom Regulatory Authority of India has released draft guidelines on the responsible use of artificial intelligence in telecom networks and services, and invited public comments until November 27. The draft applies the seven principles of the India AI Governance Guidelines, released in February 2026, to operators such as Jio, Airtel, Vodafone Idea and BSNL. No penalties or mandatory audits are proposed yet.
Six space startups get ₹1 crore each to put AI on board Indian spacecraft
IN-SPACe has picked six private space companies for seed grants of up to ₹1 crore each under its AI INSPIRED programme, out of a ₹6 crore outlay. Agnikul Cosmos, Digantara, EON Space Labs, OrbitAid Aerospace, Omnipresent Robot Technologies and TakeMeToSpace are the grantees.
Google opens AI Mode to ads in India as Alphabet's profit slides 25%
Google will run labelled 'Sponsored' ads inside AI Mode in 10 markets including India, after Alphabet's September quarter missed estimates. Revenue rose 25% to $127.6 billion but net profit fell 25% and free cash flow stayed negative. The stock dropped 10% after hours.
Karbonn is back on the phone shelf, and it is courting Gen Z this time
Homegrown handset brand Karbonn announced on Thursday that it is re-entering India's smartphone market after years away, with devices aimed at Gen Z and content creators. The company has not given a launch date or price, but has begun teasing a phone called the Rebel 5G.
A 10,000-km AI highway: Tata Communications lines up $450 million
Tata Communications will spend close to $450 million laying about 10,000 km of long-haul fibre to link India's AI data-centre corridors. The first phase covers Mumbai-Pune-Hyderabad-Chennai, with later phases reaching Visakhapatnam, Bhubaneswar, Jamnagar and GIFT City.
Jio's ₹13 lakh crore debut knocks Airtel off the telecom perch
Jio Platforms listed at ₹1,358 on Wednesday, a 21.36% premium to its ₹1,119 issue price, and closed at ₹1,417.50. Its ₹13.05 lakh crore market value makes it India's second-most valuable company and pushes Bharti Airtel to third. The ₹30,213 crore IPO was subscribed 22.19 times.
ISRO to launch NVS-03 on Friday night to begin rebuilding a NavIC short of satellites
ISRO will launch NVS-03 on the GSLV-F18 rocket from Sriharikota at 11.51 pm on Friday. NavIC currently has three satellites in orbit against a minimum requirement of four, and cannot provide standalone positioning.
Four launch pads by 2029, a Gaganyaan test in two months: ISRO lays out its next three years
ISRO Chairman V. Narayanan said on Sunday that India plans four functional launch pads by 2029 and a 2,000-acre Small Satellite Launch Vehicle complex at Kulasekarapattinam in Tamil Nadu. The first uncrewed Gaganyaan test is planned within two months, to be followed by two more, and Chandrayaan-5 will be a joint lunar mission with Japan carrying a 350-kg rover.
Two months after selling Unacademy, Munjal and Saini are raising a ₹700-crore AI fund
Unacademy founders Gaurav Munjal and Roman Saini are raising a ₹700-crore venture fund called Longshot Capital, focused on AI and deep tech. About ₹300 crore of commitments are in, with a first close targeted for January 2027.
Starlink's India network is built. The switch is still with the Home Ministry
Three companies hold satellite communication licences in India, but none has final security clearance from the Ministry of Home Affairs, Communications Minister Jyotiraditya Scindia has said. The Cabinet is expected to clear a spectrum usage charge of about 5 per cent of adjusted gross revenue.
₹28,000 crore in transactions, 400 mule accounts: ED arrests an advocate at Mumbai airport
The Enforcement Directorate has arrested advocate Rashesh Upadhyay at Mumbai airport in a probe that began with one Goa woman losing ₹2.60 crore. Investigators say the network behind it handled transactions of nearly ₹28,000 crore through about 400 mule accounts.
Wars now target economies, not just borders: PM flags ‘cyber terrorists’ at RBI's new Odisha campus
Inaugurating the RBI's ₹169-crore data centre and Cybersecurity Training Institute in Bhubaneswar on Sunday, Prime Minister Narendra Modi said wars are no longer fought only with weapons and that a country can be weakened by attacking its economy. He said the banking system must be protected from cyber criminals and cyber terrorists, and that outdated systems cannot meet the threat.
'In Karnataka, the Kannadiga is sovereign': CM warns IT firms over hiring, and Bengaluru picks sides
Karnataka Chief Minister D K Shivakumar warned private firms of action if they are found deliberately sidelining Kannadigas in recruitment, after a video alleging that Bengaluru IT companies reject candidates who list Kannada as their mother tongue went viral. The claims have not been independently verified and the government has not named any company.
Infosys cuts its own forecast again, and the market takes 4% off the stock
Infosys cut its FY27 constant-currency revenue growth guidance to 1-2% from 1.5-3% after a soft September quarter in which net profit rose 6.2% to Rs 7,823 crore. The stock fell as much as 4% on Monday and is down more than 30% this year, even as large-deal wins hit $5.2 billion.
1.39 crore applications, 0.65% in fees: Jio's ₹30,213-crore IPO does everything except pay its bankers
Allotment in Jio Platforms' ₹30,213-crore IPO was finalised on Monday after the issue drew bids for 22.19 times the shares on offer and a record 1.39 crore applications. The shares list on Wednesday at a grey market premium of about 22%. The 19 banks on the deal will split roughly ₹196 crore, or 0.65% of the issue.