The Reserve Bank of India plans a pilot for Rs 10 and Rs 20 polymer notes, potentially rolling them out by 2027, aimed at enhancing durability and security.
SBI Funds Management's IPO has been heavily subscribed, led by institutional buyers, indicating strong market interest despite broader economic concerns.
Anthropic has localised pricing for Claude AI in India, its major market after the U.S. This move addresses user demand for rupee-denominated subscriptions.
Tata Consultancy Services announces a 5% increase in net profit to ₹13,349 crore for Q1, alongside a revenue increase of 14% and a dividend declaration.
Microsoft announces substantial severance packages for laid-off employees, with some receiving up to 39 weeks' salary amidst ongoing workforce reductions.
Vikram-1 becomes India's first private rocket to successfully place payloads into orbit, marking a significant milestone for the country's space sector.