Hotstar and JioCinema Merge to Form JioHotstar

Hotstar and JioCinema have merged into JioHotstar, combining content from Disney, Warner Bros, among others. The new platform targets over 500 million users with content in 19 languages. The merger, following Reliance and Disney’s venture, consolidates India’s streaming market, offering various subscription plans and sports rights.

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Sachin Bansal Steps Down from CEO Role at Navi, Will Serve as Executive Chairman

Sachin Bansal resigns as CEO of Navi Technologies and Navi Finserv, appointing Rajiv Naresh and Abhishek Dwivedi as CEOs respectively. Bansal will serve as Executive Chairman. The move follows RBI’s temporary lending halt, aimed at focusing on long-term growth. Both new CEOs were part of Navi’s founding team.

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ISRO Achieves Milestone with 100th Mission, Launches NVS-02 for NavIC

India’s ISRO launched its 100th mission with GSLV-F15, deploying the NVS-02 navigation satellite from Sriharikota. This mission enhances the NavIC system, now with five satellites, improving regional navigation accuracy. Union Minister Jitendra Singh celebrated this as a historic achievement, highlighting the journey from ISRO’s inception to its current success under PM Modi’s leadership.

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IIT Madras Gains Free Access to Perplexity AI’s Pro Version

IIT Madras students, faculty, and staff gain free access to Perplexity AI’s Pro version, announced by alumnus and CEO Aravind Srinivas. This advanced search tool, normally $20/month, offers deeper AI capabilities. The initiative aims to boost AI education and research. Srinivas is also looking to expand Perplexity’s operations in India and recently met PM Modi.

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Blackstone Plans Rs 4,500 Crore Investment for Hyderabad Data Centre

Blackstone has signed an MoU with Telangana to build a 150 MW data center in Hyderabad for Rs 4,500 crore. This facility, aimed at hyperscale clients, will support AI and cloud services. Concurrently, Microsoft plans a $3 billion investment in India’s AI and cloud infrastructure, partnering with MeitY for ethical AI development under the IndiaAI Mission.

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DPIIT and Apna Partner to Boost Startup Employment

The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with Apna to provide ₹2,000 hiring credits to 700,000 startups on the Bhaskar platform, aiming to enhance job creation for India’s youth. This initiative, currently worth ₹140 crore, could grow to ₹300 crore. The collaboration will align job postings with industry needs, using Apna’s AI tools to connect startups with skilled workers, fostering growth and innovation.

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BHIM has teamed up with Fintech Yatra to boost financial inclusion across India

BHIM, which is backed by NPCI BHIM Services Limited (NBSL), has teamed up with FinTech Yatra 2025 as a Principal Partner to boost digital payment adoption and promote financial inclusion all over India. This ambitious 10,000-kilometer road initiative is designed to connect financial innovators with various stakeholders, with the aim of enhancing digital literacy. As part of the plan, BHIM intends to train more than 200 representatives from NGOs through a “train-the-trainer” approach, helping them to educate their communities. This partnership is in line with NBSL’s mission to close the digital divide and empower individuals with secure digital payment solutions, ultimately nurturing a more inclusive digital economy.

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Indian Mobility Market Set to Double to $600 Billion by 2030: Google & BCG Report

The Indian mobility market is expected to double to over $600 billion by 2030, driven by electric, shared, and connected mobility, according to Google and BCG. Electric vehicle adoption will surge, with four-wheelers at 15-17% and two-wheelers at 35-40%. Consumer concerns include charging infrastructure and costs, while preferences vary between E4W and E2W. Women influence 52% of EV decisions, with high demand for tech features.

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Meta Voices Concerns Over Antitrust Ruling in India

Meta has raised concerns about a recent decision by India’s Competition Commission (CCI), which found the company had misused its dominant position by bundling certain features on its platforms. According to Meta, this ruling could lead to some features being scaled back, which might affect both users and businesses that depend on its services.

While Meta is committed to complying with regulations, the company has highlighted the potential challenges this decision poses for its operations in India. It hopes to work closely with authorities to find a balanced approach that allows it to continue offering valuable tools and experiences to its millions of users in the country.

This situation reflects the increasing regulatory pressure on big tech companies and Meta’s efforts to navigate these challenges while staying connected with its users in one of its largest markets.

Read more on reuters.

MahaKumbh Mela 2025: Where Faith Meets the Digital Age

The Maha Kumbh Mela happening in Prayagraj in 2025 is gearing up to merge age-old traditions with cutting-edge technology. To enrich the experience for pilgrims, there’ll be AI-driven apps, surveillance systems, and chatbots in place. Plus, virtual reality and drone displays will create a more engaging atmosphere. On the sustainability front, efforts like a ban on single-use plastics and AI-enhanced waste management highlight a strong dedication to being eco-friendly.

Read more on yourstory.com.

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