Browsing: Deccan Founders

Rolls-Royce plans a major India expansion with 10,000 new jobs, a co-developed 120 kN AMCA fighter jet engine core, and a tenfold rise in local sourcing. Backed by the UK government, the initiative promises full technology transfer, supports Atmanirbhar Bharat, and aligns with the India-UK Vision 2035 defence roadmap.

Anthropic’s $30 billion Series G round, led by GIC and Coatue, values the AI company at $380 billion. With $14 billion in annualized revenue and Claude Code driving 4% of global GitHub commits, Anthropic deepens ties with Microsoft and NVIDIA as it ramps up frontier AI research and enterprise products.

Heineken NV will cut 5,000-6,000 jobs—about 7% of its global workforce—to unlock €400-500 million in annual savings through AI, supply chain efficiencies, and brewery closures, after a 2.4% beer volume drop but 4.4% adjusted operating profit growth. The move reshapes its European footprint and 2026 outlook.

Flipkart is preparing a Bengaluru food delivery pilot, weighing a standalone app versus ONDC integration. Backed by its Minutes quick commerce network and 800+ dark stores, the Walmart-owned giant is positioning for a 2026 IPO while challenging Swiggy and Zomato in India’s $25 billion food delivery market.

Baidu is pushing beyond China with a global AI search engine and multilingual BaiduWiki, powered by Ernie and ERNIE 5.0, as it balances AI investment with a $5 billion buyback.

Tata Motors secures a 70,000-vehicle export order from Indonesia’s PT Agrinas Pangan Nusantara, supplying Yodha and Ultra T.7 trucks to village cooperatives under the Koperasi Desa and Kelurahan Merah Putih programme. The deal builds on a $12 billion, 320,000-vehicle plan and strengthens Tata’s global commercial-vehicle expansion.

India’s service sector leads global economic growth, outpacing manufacturing with strong domestic consumption and trade agreements.

AUMOVIO will cut about 1,000 jobs in India as part of a global restructuring plan to reduce up to 4,000 roles by 2026 and refocus on software-defined vehicles.

Europe is accelerating efforts to cut reliance on Visa and Mastercard, backing EPI’s Wero and the digital euro to secure payments sovereignty and reduce strategic risk.

Ethera, a Bengaluru-based lab-grown diamond jewellery brand, has raised ₹25 crore from BlueStone to scale its omnichannel presence, expand retail stores in Bengaluru and Delhi, and deepen design and technology capabilities amid India’s fast-growing $500 million LGD market.