India

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Cursor cut its India price to $7, and its own AI models are why

Cursor has cut the price of AI coding in India to about $7 a month. The interesting part is how it can afford to. The startup launched Cursor Start on Monday, a ₹649 plan sold only in India, TechCrunch reported. It sits well below the $20 Pro subscription. It is also the first time Cursor […]

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Coforge says AI is expanding its margins. Its rivals call it ‘AI deflation’

Coforge reported first quarter revenue of $592.2m on Monday. That is a rise of 33% in dollar terms over the year, and 21.1% on the previous quarter. In rupees the annual increase reads 49%. Profit after tax reached $55.6m. Those numbers land in an industry bracing to shrink. HCL Technologies has warned of “AI deflation”. […]

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Emergent hits a $1.5bn valuation as vibe coding mints another unicorn

Emergent’s vibe coding platform hit a $1.5bn valuation a year after launch. Its founder says most businesses do not need software, they need a way to turn how they work into it. “Most businesses don’t need any software. They need a way to turn how they actually work into software.” That is how Mukund Jha […]

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India pledges $20 billion to boost chips and smartphones as Modi pushes for an Indian mobile brand

India pledged 1.9 trillion rupees ($19.7 billion) in combined incentives for domestic chip and smartphone production on Wednesday. The cabinet approved 1.28 trillion rupees ($13.3 billion) for semiconductors, covering chip design, machine fabrication, research and development, and talent creation, and a separate 625 billion rupees ($6.5 billion) for mobile phone manufacturing. “The Prime Minister has […]

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India’s Udaan secures $160 million in new funding as it races to fix its balance sheet before an IPO

Indian B2B ecommerce platform Udaan has secured $160 million in a funding round that combines fresh equity from a new investor, additional debt, and the conversion of existing convertible bonds into equity, according to Bloomberg. Lightspeed Venture Partners and M&G Investments are participating in the round. The deal is designed to clean up Udaan’s balance […]

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TCS bets on 8,900 AI deployment engineers to defend India’s IT services model

Tata Consultancy Services plans to build a team of up to 8,900 forward-deployed AI engineers and is looking for acquisition targets in AI and cybersecurity, chief executive K Krithivasan said. The move is India’s largest IT firm answering the question that has hung over the sector since the arrival of agentic AI in enterprise stacks, […]

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India orders Meta to remove Instagram ads promoting child abuse material

India’s IT ministry has ordered Meta to immediately disable all Instagram advertisements and content promoting child sexual exploitation and abuse material, according to The Week. The company has seven days to explain how the ads were approved and to detail the safeguards it will put in place. The Ministry of Electronics and Information Technology also demanded […]

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India’s CG Semi starts commercial chip production at $870M Gujarat plant

Prime Minister Narendra Modi has inaugurated commercial production at CG Semi’s chip assembly and testing plant in Sanand, Gujarat. The facility will initially turn out 200 million chips a year, according to ANI, with plans to scale to 500 million. The plant is an outsourced semiconductor assembly and test, or OSAT, facility. That covers the packaging […]

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Macron and Modi are winning the AI infrastructure race with text messages and personal meetings

The global race for AI infrastructure has become a contest of personal relationships. French President Emmanuel Macron and Indian Prime Minister Narendra Modi have emerged as its most aggressive practitioners, personally courting the heads of the world’s largest technology companies to secure data centre investments that will determine where the next generation of AI systems are trained […]

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