Author: Abizar Attari
News Editor

India’s healthcare and healthtech ecosystem has grown by leaps and bounds over the last decade, with digital healthcare solutions being widely adopted across urban and semi urban areas. At a time when diagnostics meant nothing more than taking a lab test at a clinic referred to by the doctor, Deepak Sahni came up with an unknown concept in India more than a decade ago- preventive diagnostics. Today, that business has grown to ₹3,000 crore, with Deepak having the conviction in his idea, even though no one believed him. “When we started in 2015, we were told the market didn’t exist…

Mumbai, August 25: Tata Communications Limited has partnered with Tata Motors Passenger Vehicles to embed 5G cellular connectivity for the newly launched Tata Sierra.ev electric SUV. Under the collaboration, Tata Communications’ MOVE platform will be integrated into Tata Motor’s N.IO software-defined vehicle (SDV) platform. This will help deliver built-in 5G connectivity, high-speed data delivery, advanced AI applications, and real-time safety diagnostics across variants of Sierra.ev. According to the collaboration, the MOVE platform will help establish a high-bandwidth digital backbone for connected vehicle services through Tata Motor’s N.IO platform. It will offer seamless, quick over-the-air software updates, and real time remote…

Kolkata, August 25: Digital Engineering and technology services firm Capital Numbers Infotech Limited has agreed to acquire New Jersey-based Epitome Cloud Inc, in a deal valued at about ₹40 crore. This acquisition aims to expand Capital Numbers’ footprint in North America and strengthen its service offerings across enterprise platform integration and digital transformation.  With an extensive specialization in Salesforce consulting, CLM, Revenue Cloud consulting and enterprise workflow patterns, Epitome Cloud will complement Capital Number’s expertise in digital engineering, cloud, data and AI capabilities.  “This acquisition is an important building block in our journey to become a more specialised and comprehensive…

Reliance Jio Infocomm, now India’s number one mobile telecom provider, is now looking to export its homegrown technology stack as it nears its 10th anniversary. The Mukesh Ambani-led company, which pioneered cheap 4G internet for millions of Indians, is now looking to become a exporter of technology after building the world’s largest 5G customer base outside China, with 268.5 million 5G users based on its homegrown technology platforms.  Jio is credited with lowering the average cost of one gigabyte of mobile data from Rs.228 in September 2016 to just Rs.7.9 within a decade, a nearly 97% reduction. Mobile data consumption…

Mumbai, August 24: Brace for a bittersweet Raksha Bandhan, Ganesh Chaturthi, and Diwali with retail sugar prices continuing to rise from Rs.48.18 per kg in July to over Rs.55.70 per kg in August this year. This spike comes after domestic sugarcane production has declined to 30.6 million tonnes due to rising crop diseases and a delayed monsoon.  Besides that, Opposition parties have alleged that the ethanol blending policy for petrol has diverted sugar for ethanol production, affecting retail prices. The government has rejected these allegation, saying that the share of sugar for ethanol production is just about 9% in 2025-26,…

The Production Linked Incentive (PLI) scheme could be the biggest achievement for the BJP-led NDA Government. Under it, India has become the world’s second-largest smartphone exporter and has attracted investments of over ₹2.40 lakh crores across electronics manufacturing, pharmaceuticals, solar PV modules, automobile parts, and specialty steel, creating over 14.15 lakh direct and indirect jobs. The government has its reasons to highlight these achievements, as it moves towards the broader objective of Aatmanirbhar Bharat (Self-Reliant India), set forth by Prime Minister Narendra Modi. Though these numbers have helped the government boost its chances at the polls, the PLI scheme hasn’t…

Mumbai, August 24: Shares of supply chain management services provider TVS Supply Chain Solutions Limited (TVS SCS) jumped 7% in early morning trades today after the company announced the signing of a Memorandum of Understanding (MoU) with Japan-based logistics and engineering leader Sankyu Inc. Under the strategic alliance, both companies have committed to collaborate to expand supply chain solutions, logistics infrastructure, and technical engineering services across global and domestic markets. As part of the partnership commitment, Sankyu Inc. also intends to acquire a 0.5% equity stake in TVS Supply Chain Solutions through a secondary or open-market transfer. The collaboration will…

Mumbai, August 24: Managed office space major Smartworks Coworking Spaces Limited has achieved an additional ₹235 crore in incremental contractual rental revenue through existing enterprise clients across cities.  These newly added contracts come with tenures of up to 60 months, strengthening its long term cash flows. This builds on the company’s incremental revenues of about ₹5,400 crore as on June 30, 2026. “The strongest validation of any platform is when existing clients choose to grow with it. Our large, fully managed campuses are built for scale, so businesses can expand seamlessly within the same campus, without the disruption of relocating,…

New Delhi: The Reserve Bank of India (RBI)’s attempt to shore up India’s forex reserves through the Indian diaspora has been a massive success, with the Foreign Currency Non-Resident (Bank) (FCNR-B) deposit scheme attracting inflows of over $65 billion before the August 31 deadline set to accept deposits.  This mobilization is far higher than the previous FCNR(B) scheme by the RBI, which was announced in 2013, where nearly $26 billion flowed into the market.  The FCNR(B) scheme was launched as a way to bolster foreign exchange reserves due to the increasing weakness of the Rupee as against the dollar, which…

New Delhi, August 22: Following successful production-linked incentive (PLI) models in electronics and automotive sectors, the Indian government is set to approve a $1.2 billion incentive scheme aimed at strengthening domestic manufacturing capacity for heavy construction and infrastructure equipment, a report by Reuters said. This would be a big boost to India’s construction and infrastructure equipment market, which is currently growing at an 8.1% CAGR as the country boosts spending on roads, metros, airports and other infrastructure amid rising demand and economic activity.  The proposed scheme aims to attract $1.8 billion in investments over seven years to domestic manufacturers to…