Uber has injected nearly Rs 3,000 crore into Uber India to counter Rapido’s rapid rise, even as net revenue plunges 89% and losses swell to Rs 1,512 crore in FY25.
Jio Financial Services Ltd has injected nearly ₹2,000 crore into Jio Credit Ltd to fuel lending growth, after disbursements and AUM surged in Q3 FY26 even as JFSL’s consolidated profit dipped on higher finance costs.
Google’s Gemini AI on Android now automates multi-step tasks like rides and grocery orders using Android 16’s AppFunctions, with privacy safeguards.
NSIC has been upgraded to Schedule A CPSE status by the MSME Ministry, boosting its autonomy and capacity to support India’s small industries.
Railways Minister Ashwini Vaishnaw launches the Rail Tech Portal to fund startups solving Indian Railways’ toughest challenges, with higher grants, year-round submissions, AI-led safety tools, and full digital integration of the Railway Claims Tribunal.
Prime Minister Narendra Modi’s 2026 state visit to Israel delivered new MoUs across AI, cybersecurity, agriculture, and fintech, including Unified Payments Interface (UPI) access in Israel, while deepening defense, trade, and regional security cooperation with Prime Minister Benjamin Netanyahu under an upgraded special strategic partnership.
UIDAI is integrating over 60,000 verified Aadhaar enrolment and update centres into Google Maps, adding service filters, accessibility details, and future appointment booking to strengthen India’s digital identity infrastructure.
India and Sweden launch the Sweden-India Technology and Artificial Intelligence Corridor (SITAC), linking governments, industry, startups, and academia to scale responsible AI, drive economic growth, and promote sustainable deployment through joint platforms, exchanges, and investment-focused collaboration.
Perplexity Computer unifies multiple AI models into a long-running digital worker, orchestrating Opus 4.6, Gemini, Nano Banana, Veo 3.1, Grok, and ChatGPT 5.2 to automate complex workflows for Perplexity Max and Enterprise Max users.
The Reserve Bank of India has proposed new directions to eliminate dark patterns from banking apps and websites by July 1, 2026, following a LocalCircles survey that found widespread use of manipulative designs. The rules ban compulsory bundling, mandate explicit consent, and align with broader consumer protection efforts across India.
