As part of the broader US–India trade reset, the tarriff reduction from 50% to 18% could restore competitiveness for India’s export-heavy gems and jewellery industry, potentially accelerating growth in the fast-scaling lab-grown diamonds sector
The capital will be used to scale manufacturing capacity, strengthen institutional partnerships, and expand operations into new cities including Mumbai, Pune, Bengaluru, Hyderabad, and Delhi.
The collaboration focuses on integrating OpenAI's models directly into the Snowflake platform, allowing businesses to develop and deploy AI-driven tools in a secure environment.
The move links advanced AI development with SpaceX's launch systems and its expanding satellite infrastructure, marking a significant shift in how Musk intends to scale future computing capabilities.
According to the RHP, the IPO size has been cut by about 42% to INR 2,834 crore from the INR 4,900 crore issue proposed in the draft red herring prospectus (DRHP) filed last year.
The Series D funding round led by Sofina and Sauce.vc, with a mix of primary and secondary capital and participation from Peak XV Partners, Rainmatter Health and Ayra Ventures.
Peak XV promoted Abhishek Mohan to General Partner and Saipriya Sarangan to COO, while mutually parting ways with Ashish Agrawal, followed by the departures of Ishaan Mittal and Tejeshwi Sharma.
The fresh capital will be used to expand its product offerings and increase headcount across its offices in New York, San Francisco, Tampa and Bengaluru.
The fresh funds will be used for the Phase 1 deployment of nearly 1,000 electric buses and trucks across inter-city transport and heavy trucking segments.
The round, which values Digantara at approx. USD 200 million, also attracted investments from 360 One Asset, Tokyo-based asset management firm SBI Holdings, and entrepreneur Ronnie Screwvala.
ReGrip will use the fresh funding to expand processing, enhance recycling infrastructure, scale operations to new regions, and formalise informal scrap collectors.
Continued emphasis on infrastructure development, expansion of freight and logistics networks, and focused support for construction and equipment manufacturing will directly translate into higher vehicle utilisation
Union Budget 2026-27 proposes boosting services, education, design, STEM, and astronomy with new committees, institutes, university townships, girls' hostels, and upgraded telescope facilities.
Under the deal, Perplexity will be able to run a range of frontier AI models through Microsoft’s Foundry program, including systems developed by OpenAI, Anthropic, and xAI, according to the report.