Everything that happened in artificial intelligence today, summarized by AI in under 5 minutes.
Nokia plans to cut approximately 75,000 jobs globally, reducing its workforce by 20%, with the company's India operations also set to be significantly impacted alongside major leadership changes.
LG Electronics India has signed long-term solar PPAs with Hinduja Renewables and Sunsure Energy to source 20.80 MWp of renewable energy for its Pune and Greater Noida manufacturing facilities, covering approximately 70% of combined energy needs.
India's luxury retail market is severely constrained by a lack of premium shopping infrastructure, with only three true luxury malls in the entire country - two in New Delhi and one in Mumbai - prompting major global brands to seek alternative market entry strategies.
At Mobile World Congress Barcelona 2026, Tejas Networks highlighted its AI-focused networking solutions designed to help operators prepare for 6G technology and the emerging 'Internet of Agents' era.
India has placed an order for 915 electric buses as part of efforts to reduce emissions in some of the country's most polluted urban areas, addressing a public health crisis linked to millions of deaths worldwide.
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Deccan AI has closed a $25 million Series A round to scale its post-training data and evaluation services for US AI labs, leveraging an India-based workforce of experts for data generation and reinforcement learning work.
Deccan AI, a startup providing post-training data generation, evaluation, and reinforcement learning services for AI labs, secured $25 million in Series A funding led by A91 Partners, with contributions from Susquehanna International Group and Prosus Ventures.
Google's top India legal counsel Bijoya Roy has resigned, marking another high-profile departure from the tech giant's India operations which also lacks a government relations head.
The Swedish furniture giant IKEA views India as a priority market and potential export hub, aiming for profitability by August 2028 while contending with store closures in China and sluggish sales elsewhere.
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Swedish furniture retailer Ikea's India sales rose 6% in FY2025, with the company targeting profitability by FY2028 and viewing India as both a major retail market and potential export hub supported by the India-EU free trade agreement.
Ryan Gosling's sci-fi film Project Hail Mary released in Indian theatres today but secured only 6 of India's 34 IMAX screens for its first day, despite the film having released globally on March 20.
Deccan AI, a startup providing post-training data and evaluation work for AI models, has secured $25 million in its first major funding round, with most of its expert workforce based in India serving U.S.-based AI labs.
The Government of India has announced new policy measures in the textile sector aimed at strengthening environmentally sustainable production and boosting global competitiveness, according to Minister for Textiles Giriraj Singh in Lok Sabha.
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US-based PROLIM completed the rebranding of acquired Indian company Kasmo Digital, expanding its global capabilities in Salesforce, Snowflake, and industrial AI solutions.
India's government announced new initiatives to promote environmentally sustainable textile production, aiming to boost global competitiveness while reducing carbon emissions in the textiles sector.
