Category: Latest NEWS

Key Highlights : Rolls-Royce opened its biggest Global Capability & Innovation Centre in Bengaluru, accommodating 700. Karnataka’s aerospace industry, driven by policy and human resources, was one of the major investment drivers. India’s Global Capability Centre sector is expected to have over 2.1 million jobs in 2025 and go up…

Key Points: Swiggy has introduced Toing, a value-driven food delivery app in Pune. Pricing is between ₹100–₹150, and there is free delivery on orders over ₹99 with an additional ₹12 platform cost. As opposed to cloud kitchen offerings, Toing collaborates with neighborhood eateries to provide cheap, good meals.   Key…

Key Points : CARS24 has launched voice-AI technology with ElevenLabs and Google Cloud in 100+ hubs, handling more than 20,000 hours of calls monthly in 14 Indian languages with an accuracy of 98.5%. The launch has yielded measurable outcomes: 35% increase in first-visit conversions, 40% reduction in disputes, 25% improvement…

Key Highlights : Honda will invest about ₹600 crore to set up its first-ever electric two-wheeler manufacturing plant in Karnataka’s Narasapura. Factory to produce electric scooters for Indian markets as well as export to international markets, besides current models Activa e: and QC1.   Key Background : India’s EV sector…

Key Points : Amazon launches 10-minute delivery in Mumbai after strong traction in Bengaluru and Delhi. Orders are growing 25% month-on-month, and Prime members are making over three times the number of orders. Growth overlaps with the Great Indian Festival, starting 23 September.   Key Background : Amazon Now was…

Key Highlights : Audacity Venture Capital has recorded a $50 million exit of VideoVerse following the latter’s acquisition by Minute Media, which is India’s biggest mediatech exit. VideoVerse’ flagship product Magnifi utilizes the deployment of artificial intelligence in the production and dissemination of live sports highlights. Early-stage investment of $5…

Key Highlights : Oracle laid off over 100 employees in India, most of whom belong to its OCI and OFSS divisions. The cuts are a global restructuring that have eliminated over 3,000 jobs worldwide, driven by Oracle’s shift to AI integration and streamlining.   Key Background : Oracle, an industry…

Key Highlights : LG Electronics India to issue its IPO in October 2025, for ₹15,000 crore through a 15% stake sale. The IPO, which is all an Offer for Sale, will be India’s biggest public issue this year.   Key Background : LG Electronics had earlier scheduled April–May 2025 for…

Key Highlights : Tata Motors will implement the full GST reduction, reducing the price of commercial vehicles by ₹30,000 to ₹4.65 lakh from 22 September 2025. The move is expected to lower fleet operators’ operating costs, enhance logistics efficiency, and drive vehicle modernization.   Key Background : The GST Council…

Key Points : Urban Company raises ₹1,900 crore IPO on Sept 10–12, price band at ₹98–103. Minimum of ₹14,935 to be invested by retail investors; employees are eligible for ₹9 per share discount. Financing through way of technology, rent, advertisement, and corporate development.   Key Background : Ever since it…