Business

Air India takes delivery of first line-fit Boeing 787-9

The aircraft, registered as VT-AWA, completed a non-stop ferry flight of 16 hours and 58 minutes from Boeing's Everett factory in Washington state. The long-haul delivery flight was operated by a cockpit crew of four Air India pilots, symbolising not just the arrival of a new aircraft but the airline's renewed commitment to delivering a world-class flying experience.

2026-01-12T20:18:10.430875+00:00 IST

"India gearing up AI Infrastructure for large-scale adoption"

Speaking to ANI ahead of the India AI Impact Summit, Aggarwal drew parallels between India's digital infrastructure revolution and its current AI ambitions. "The same lens India is applying to build out its AI infrastructure layer," he said, explaining that this encompasses making telecom networks AI-ready, ensuring the power ecosystem can support AI demands, and building indigenous AI capabilities across the entire value chain.

2026-01-12T15:23:35.159592+00:00 IST

Advanced AI Revenue Rises 20% QoQ to USD 148 Million at HCLTech

"This is not the regular AI revenue. This is advanced AI revenue," Vijayakumar told ANI on the sidelines of the company's quarterly earnings report. "Regular AI is embedded across our business. What we are calling out separately is advanced AI revenue, which is about USD 148 million this quarter, a 20 per cent quarter-on-quarter growth."

2026-01-12T15:21:11.750810+00:00 IST

Net direct tax collections for FY26 grow 8.82%

India's net direct tax collections for the financial year 2025-26 have recorded a strong growth of 8.82 per cent, reaching Rs 18.38 lakh crore as of January 11, 2026, compared with Rs 16.89 lakh crore collected during the same period last year, according to official data released by the Income Tax Department on Monday.

2026-01-12T15:18:38.708608+00:00 IST

Rolls Royce looks to position India as its third 'home market'

Earlier, the Rolls-Royce Chief Executive Officer (CEO) Tufan Erginbilgic had revealed the company's ambitions to make India a "home market", reinforcing the company's long-term commitment to the country.

2026-01-12T15:17:01.172926+00:00 IST

TRAI Chief pushes for TV Rating reform, AI-driven spam protection

TRAI Chairperson Anil Kumar Lahoti announced that the regulator is advocating a shift to a competitive, multi-agency model to improve transparency and accuracy in TV ratings, moving away from its single-agency model for TV audience measurement.

2026-01-12T14:27:35.636851+00:00 IST

Piyush Goyal hails PM Modi's Vibrant Gujarat initiative

Union Minister of Commerce and Industry Piyush Goyal on Monday hailed Prime Minister Narendra Modi's vision for the Vibrant Gujarat initiative, calling it a game-changer that has inspired other states to follow suit and sparked a growth-driven competition.

2026-01-12T14:23:37.779756+00:00 IST

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Business

Ola Electric rolls out first ‘Shakti’ from its gigafactory

Ola Electric has rolled out the first unit of its new residential energy storage system, 'Shakti', from its Gigafactory in Krishnagiri, Tamil Nadu, marking a major milestone towards scaling up the indigenous 4680 Bharat Cell platform.

2026-01-12T14:04:24.900036+00:00 IST

Business

IDEMIA Secure Transactions enters USD 1.2 bn HSM market

The new system is designed to address post-quantum migration and evolving regulatory requirements, including the Indian IT Act and Reserve Bank of India cybersecurity guidelines.

2026-01-12T13:27:58.394261+00:00 IST

Business

JioBlackRock Investment Advisers launches official website

JioBlackRock Investment Advisers Private Limited, a 50:50 joint venture between Jio Financial Services Limited and BlackRock Inc., announced the launch of its official website and an exclusive early access campaign on Monday.

2026-01-12T13:26:52.875566+00:00 IST

Business

Stakeholder meet on Rare Earth Magnet Manufacturing Scheme

In his inaugural address, the Minister emphasised that the Scheme represents a pivotal step towards establishing a self-reliant, resilient, and globally competitive ecosystem for REPMs, aligning with the vision of Viksit Bharat @2047.

2026-01-12T12:48:24.081680+00:00 IST

Business

German industry leaders laud India-Germany cooperation at CEOs Fo

German industry leaders expressed strong optimism regarding the future of bilateral trade and innovation following the India-Germany CEOs Forum held in Gujarat. Business executives highlighted the expanding cooperation between the two nations as Prime Minister Narendra Modi and German Chancellor Friedrich Merz met with top industry representatives to review economic ties.

2026-01-12T11:22:04.933949+00:00 IST

Business

Retail inflation stands at 1.33% in December

Headline inflation in December 2025 increased by 62 basis points relative to November 2025. Inflation remained below the Reserve Bank of India's medium-term target of 4% for the 11th straight month.

2026-01-12T11:20:47.430330+00:00 IST

Business

Stock market ends in green, snaps five-day losing streak

At close, the Sensex was up 301.93 points or 0.36 percent at 83,878.17, and the Nifty was up 106.95 points or 0.42 percent at 25,790.25.

2026-01-12T11:18:25.458404+00:00 IST

Business

Rapid digitalisation of banks reshaping financial risks: RBI DG

Speaking at the Third Annual Global Conference of the College of Supervisors in Mumbai, RBI Deputy Governor Swaminathan J said that traditional indicators such as capital adequacy and liquidity are no longer sufficient to assess the health of banks in a technology-driven environment.

2026-01-12T11:04:45.705030+00:00 IST

Business

German business leaders highlight growing Indo-German partnership

Airbus CEO Michael Schoellhorn described India and Germany as "natural partners" in today's global landscape, noting that the bilateral relationship is firmly rooted in trust and common democratic values. He pointed to future-oriented sectors such as innovation, aerospace, and defence as key areas where cooperation between the two countries can deepen further.

2026-01-12T10:33:02.201588+00:00 IST

Business

'Union Budget 2026 likely to set 9% growth target for next year'

The Union Budget 2026 is likely to set 8.5-9% growth for next year and increase capital expenditure to Rs 12-12.2 lakh crores, said Sonal Badhan, Economist at Bank of Baroda.

2026-01-12T10:31:06.299787+00:00 IST

Business

India-Germany economic ties to enter 'Limitless' phase in strateg

Prime Minister Narendra Modi announced that India and Germany, both nations, decided to transform their economic partnership into a "limitless" collaboration, extending deeper cooperation into strategic sectors.

2026-01-12T09:36:45.369706+00:00 IST

Business

PNGRB signs MoU with Germany’s DVGW

The envisaged technical workstreams focus on enabling a structured and safe transition towards hydrogen integration in gas networks, while ensuring alignment with international best practices and Indian operating conditions. A key element is access to relevant DVGW technical rules, test principles, and standards, along with translation support where required.

2026-01-12T09:09:46.590097+00:00 IST

Business

Air conditioners price likely to rise 7-8% this season

Consumers planning to purchase room air conditioners (RACs) may have to prepare for higher prices from this year, as the industry is expected to implement price hikes of 7-8 per cent on new models starting January 2026, according to a report by Equirus.

2026-01-12T09:05:40.103352+00:00 IST

Business

PM Vision, market competition and scale made solar power affordab

India's strategic shift toward solar energy was driven by a long-term vision to reduce costs and enhance energy security, said Union Minister of Commerce & Industry Piyush Goyal.

2026-01-12T08:55:09.852298+00:00 IST