DIGITAL INNOVATION IN INDIA
Hit a regulatory bump? Interministerial panel set up to address fintech troubles
The government has formed an inter-ministerial committee to address fintech industry challenges, balancing innovation with regulation. It includes key regulators and fintech leaders, aiming to analyze sector growth and propose policy recommendations within three months.
Bharti Airtel, Ericsson, Volvo Group to explore XR, Digital Twin tech, AI in manufacturing
Bharti Airtel, Ericsson, and Volvo Group have partnered for a 5G research initiative to enhance manufacturing through XR, Digital Twin, and AI technologies. The collaboration, at Volvo Group's Bangalore facilities, aims at transforming industrial operations, workforce training, and real-time process optimization, advancing Industry 4.0 applications and fostering innovation with 5G connectivity.
Noise outlines international expansion starting with GCC region
The GCC region is home to one of the world's youngest and most tech-savvy populations, with over 50% under the age of 25. "This strategic move aligns with the brand's vision of democratising meaningful technology and making India's best-in-class innovation accessible to consumers worldwide," the release said.
Home away from home: Why Indian startups are flocking to Dubai’s free zones
Dubai’s free zones offer the perfect blend of tax benefits, regulatory ease, and access to global markets, making it the preferred choice for Indian startups and SMEs looking to scale beyond borders.
Potential in snacks & packed food business, innovating portfolio for Indian taste: PepsiCo
PepsiCo plans to enhance its food segment in India by tailoring products to regional tastes and focusing on innovations and premiumisation. The company will expand its snacks business, addressing low consumption and leveraging growing urbanisation. PepsiCo's diverse brands contribute significantly to its revenue, and its commitment to understanding consumer preferences drives its growth strategy.
PM Modi hails RBI for being selected for Digital Transformation Award
Prime Minister Narendra Modi lauded the Reserve Bank of India's selection for the Digital Transformation Award 2025. The award highlights RBI's innovative initiatives like Pravaah and Sarthi, which have streamlined processes by reducing paper-based submissions and emphasized efficiency in India's financial system.
Union minister Ashwini Vaishnaw launches $1 billion fund for creator economy
The initiative, rolled out in the run-up to the World Audio-Visual and Entertainment Summit (WAVES) 2025 event, seeks to support digital content creators via access to funding, skill enhancement, and opportunities in global markets.
Wipro realigns its global business lines to serve clients outcome-driven solutions
Wipro will continue to operate with four GBLs, with only minor changes in leadership. It has merged Wipro Enterprise Futuring and Wipro FullStride Cloud under Technology Services, which will be led by Nagendra Bandaru, who was previously the global head of Wipro Enterprise Futuring.
Yes Bank goes live with GST payment facility
Yes Bank has launched a GST payment facility, enhancing its digital banking services. The facility allows businesses to meet tax obligations quickly and securely via the bank's internet banking platforms or branch network. Taxpayers can generate GST challans on the GST portal and complete payments through Yes Bank’s NetBanking or over-the-counter options, receiving real-time confirmations.
Nokia wins multi-year IP backhaul upgrade deal from Vodafone Idea for 4G, 5G capacity
Finnish telecom company Nokia has secured a three-year contract from Vodafone Idea to upgrade its IP backhaul network. This upgrade aims to boost the capacity for 4G and 5G networks, addressing the growing demand for data-intensive services such as AI, immersive gaming, and business video conferencing.
Government unveils $1 billion fund for the creator economy ahead of WAVES 2025
The Indian government has initiated a $1 billion fund to support digital content creators, focusing on capital access, skill development, and global market integration. This initiative, announced at the WAVES 2025 summit, underscores India’s commitment to advancing its media and entertainment sector.
JioHotstar surpasses 540 crore views in ICC Champions Trophy 2025
JioHotstar set new records with the ICC Men’s Champions Trophy 2025, drawing over 540 crore views and 11,000 crore minutes of watch time. The India vs. New Zealand final achieved 124.2 crore views, with significant contributions from Hindi-speaking regions and a surge in CTV household viewership.
The more (plugged in) IITs, the better
IITs are expanding their footprint with increased seats, aiming to accommodate 6,500 more students. This move needs to be complemented by bolstering research and fostering innovation through private sector collaboration. To truly harness IITs' potential, significant investment in faculty and interdisciplinary ecosystems is crucial, ensuring their pivotal role in advancing India’s tech, equity, and affordability goals.
Indian space economy to reach $44 bn by 2033: FICCI-EY report
India aims to grow its space economy from $8.4 billion in 2022 to $44 billion by 2033, driven by policy reforms, private sector participation, and international collaboration. Key growth areas include satellite communication and earth observation, transforming agriculture, disaster management, and climate resilience.
ET MSME Awards 2024: And the nominees are…
After months of deliberations spanning multiple rounds of evaluation, vetting, and jury discussions, India’s largest, most credible MSME awards announces its shortlist. The winners for the ET MSME Awards 2024 will be revealed at a grand felicitation ceremony on March 20, 2025 in New Delhi.
From Ambani's Campa to Dream11: JioStar's sponsors make a strong line-up for IPL 2025
JioStar plans to captivate cricket fans and brands with a list of 20 sponsors for Tata IPL 2025. The season, running from March 22 to May 25, promises high brand visibility and innovative advertising. Expected to generate significant revenue, the event will feature cutting-edge ad solutions and multilingual broadcasts to engage audiences across TV and digital platforms.
India Inc on the Move 2025: Advancing AI-driven smart and sustainable manufacturing
India Inc On The Move (IIOTM), the flagship corporate event of Rockwell Automation India, was successfully held on February 19, 2025, at Andaz Delhi, Aerocity. Industry leaders, technology visionaries, and innovators gathered to explore the transformative potential of artificial intelligence (AI) and other advanced technologies in accelerating smart and sustainable manufacturing.
Nestle partners with Thakral Innovations as distribution partner for Nespresso
Nestle has partnered with Thakral Innovations to distribute Nespresso boutiques in India across various channels, including retail, online, and B2B. Nespresso plans to expand in metro cities, targeting young coffee enthusiasts. Nestle reported significant growth in its beverages sector, with Nescafe driving retail sales past Rs 2,000 crore over the past year.
RBI will push payment systems innovations with soft touch regulations: Governor Sanjay Malhotra
The Reserve Bank of India (RBI) will continue to promote innovations in payment systems with soft touch regulations and expand the reach of UPI for more efficient cross-border payments. In 2025, challenges such as high cost, slow speed, and lack of awareness in digital payments were addressed to further deepen and expand digital transactions in the country.
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