Uncategorized

Air India Ltd, now majority-owned by the Tata Group alongside Singapore Airlines, is expected to report a historic annual loss of at least ₹15,000 crore for the financial year ending March 31, 2026 — its largest on record. This severe downturn reverses progress the airline had made toward stabilising finances and achieving breakeven under the post-privatisation turnaround strategy. Crash and Operational Setbacks Derail Turnaround A major factor driving the projected loss is the June 2025 crash of Air India Flight 171, a Boeing 787 Dreamliner that crashed shortly after takeoff from Ahmedabad, killing more than 240 people, both onboard and on the ground. The fatal accident not only led to reputational fallout and shaken passenger confidence but also triggered grounded aircraft, schedule disruptions, and increased scrutiny from regulators and investigators. In addition to the crash’s impact, prolonged airspace closures by Pakistan amid geopolitical tensions compelled Air India to reroute flights to Europe and North America via longer and more expensive paths, significantly raising fuel and operational costs for the carrier — further eroding financial performance. Strategic Goals Pushed Out of Reach Before these setbacks, Air India’s leadership had targeted operational breakeven for FY26 as a key milestone in its multi-year…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

Xiaomi is gearing up to expand its popular Note lineup in India with the Redmi Note 15 Pro series, confirmed to launch in the country on January 29, 2026. The series — comprising the Redmi Note 15 Pro and Redmi Note 15 Pro+ — aims to deliver flagship-inspired features in the mid-range segment, building on the success of the standard Redmi Note 15. Design and Display Both models are expected to sport large 6.83-inch AMOLED displays with 1.5K resolution and 120 Hz refresh rates, offering smooth visuals and excellent outdoor visibility. The Pro+ variant may feature a quad-curved panel, while the standard Pro might use a flat screen design. The displays will likely support HDR10+ and Dolby Vision for richer color and contrast. Performance and Chipsets Under the hood, the Redmi Note 15 Pro+ is tipped to run on the Qualcomm Snapdragon 7s Gen 4 chipset paired with an Adreno GPU, ensuring capable performance for gaming, multitasking, and daily use. The standard Note 15 Pro is expected to use a MediaTek Dimensity 7400 Ultra processor. Both models will run Android 15-based HyperOS 2 for a modern, feature-rich user interface. Memory and Storage Options Configuration options are expected to be generous.…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

The Tata Group has unveiled one of the largest private sector investments in India’s tech infrastructure — a $11 billion commitment to build a state-of-the-art Innovation City in Maharashtra. Announced at the World Economic Forum (WEF) 2026 in Davos, this project reflects a bold vision to transform the region into a global centre for artificial intelligence, innovation, and semiconductor services. Maharashtra Chief Minister Devendra Fadnavis highlighted the project’s strategic importance on the sidelines of the WEF, noting strong international investor interest and the ambition to support India’s rise as a technological powerhouse. A New Tech Corridor Next to Navi Mumbai Airport The Innovation City is planned close to the Navi Mumbai International Airport (NMIA), leveraging its global connectivity. The proximity to a major international transport hub is central to the project’s design, enabling rapid access for businesses, talent, and international partners. The city is being designed as a “plug-and-play” ecosystem, meaning ready infrastructure and facilities will allow startups and established firms to set up quickly. Developers aim to provide seamless integration of digital services, high-capacity data infrastructure, and research-ready environments. Focus on AI, Semiconductors and Data Infrastructure A key anchor for the Innovation City will be advanced data centres, crucial…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

The Karnataka High Court has overturned the state government’s blanket ban on bike-taxis, a decision that has major implications for urban mobility, gig workers, and transport policy in the state. The court held that preventing bike-taxi operations without a valid regulatory framework was disproportionate and violated the constitutional right to livelihood. Background: Ban and Legal Challenge The Karnataka government had introduced a ban on bike-taxis, citing concerns over safety, traffic violations, and regulatory gaps. The move affected thousands of riders employed through app-based platforms, effectively halting their ability to legally operate. Several bike-taxi operators and associations challenged the ban in the high court, arguing that the government should instead create guidelines to regulate the sector rather than prohibit it outright. Court’s Ruling: Right to Livelihood and Proportionate Regulation In its judgment, the High Court stated that citizens have a constitutional right to pursue a livelihood, which cannot be curtailed without clear legislative backing or compelling public interest that cannot be addressed by regulation alone. The court found that the government’s ban lacked a structured framework and failed to balance public safety with economic rights. Instead of upholding the ban, the court directed the transport department to establish a regulatory framework…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

The Telangana Transport Department has introduced a major reform in vehicle registration that allows buyers to complete permanent registration formalities directly at automobile showrooms starting 24 January 2026. This digital-first initiative is part of the state’s broader push to make transport services more citizen-friendly, reduce bureaucracy, and streamline procedures for new vehicle owners. What’s Changing for Vehicle Buyers Under the Dealer Point Registration System, buyers of new cars and two-wheelers purchased from authorised dealerships will no longer need to visit Regional Transport Offices (RTOs) or Regional Transport Authority (RTA) offices for permanent registration — a step that previously required multiple visits, paperwork checks, and waiting periods. Instead, authorised dealership staff will: Submit the online registration application on behalf of the buyer. Upload required documents including invoices, statutory forms (Form 21 and Form 22), insurance details, address proof, and vehicle photographs. Forward the application to the Transport Department for verification. Receive the registration number digitally and send the Registration Certificate (RC) to the owner’s address by speed post. Why This Matters The new system aims to eliminate the traditionally cumbersome and time-consuming requirement of visiting RTO offices, which often led to long queues, repeated follow-ups, and delays for vehicle owners. By…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

Prime Minister Narendra Modi on 23 January 2026 inaugurated a major railway expansion in Kerala by flagging off three Amrit Bharat Express trains and a new passenger train from Thiruvananthapuram. The launch is part of Indian Railways’ ongoing initiative to boost connectivity with modern, affordable passenger services tailored to regional mobility needs. The Amrit Bharat Express programme bridges the gap between conventional mail/express trains and higher-end services by providing enhanced amenities, safety systems and comfort while maintaining economical fare structures. The new services will support greater inter-state connectivity and facilitate travel between urban centres, pilgrimage destinations, and economic hubs across the southern states. New Routes and Services Launched At the ceremony in Thiruvananthapuram, the Prime Minister flagged off the following services: Thiruvananthapuram Central – Tambaram Amrit Bharat Express – connecting Kerala’s capital to key urban and industrial centres in Tamil Nadu. Nagercoil Junction – Mangaluru Junction Amrit Bharat Express – linking Kerala with coastal Karnataka. Thiruvananthapuram North – Charlapalli Amrit Bharat Express – forging an important rail link across Kerala, Tamil Nadu, Andhra Pradesh and Telangana. Thrissur – Guruvayur Passenger Train – a new daily service aimed at improving regional travel, especially for commuters, students and devotees. All services are…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

At the 2026 World Economic Forum in Davos, Infosys’s top leadership sent a strong signal about the company’s direction in the era of artificial intelligence. CEO Salil Parekh confirmed that Infosys plans to hire around 20,000 college graduates in the financial year 2027, tying this aggressive campus intake to expanding opportunities in AI-driven services and digital transformation. This hiring strategy comes on the heels of a strong recruitment year in FY26, where Infosys already onboarded approximately 18,000 fresh graduates in the first three quarters and saw its net headcount grow by over 5,000 employees in the December quarter. The company expects its total graduate hiring for FY26 to reach around 20,000, with another 20,000 planned for April 2026–March 2027. AI-Led Growth: The Strategic Backdrop Parekh’s comments at Davos underscored how AI is reshaping client demand. As enterprises globally adopt AI agents, foundation models, and automation platforms, demand has surged for services that support these transitions — especially in areas such as AI-augmented software development, customer support solutions, and modernization of complex legacy systems. By aligning its workforce planning with this shift, Infosys aims to capture a significant share of the growing AI services market. Rather than reducing talent, which many…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

The Adani Group, one of India’s largest conglomerates, faced renewed market turmoil after the U.S. Securities and Exchange Commission (SEC) escalated its legal action in a high-profile civil case. The regulator asked a U.S. court for permission to serve summons directly to Gautam Adani, the group’s founder, and Sagar Adani, a senior executive, over allegations involving fraud and an alleged $265 million bribery scheme linked to major energy contracts. SEC Legal Move: Bypassing Conventional Service The SEC’s filing in a New York court represents a significant development in an ongoing legal saga. Standard international procedure for serving legal documents through government channels in India was twice rejected on procedural grounds. As a result, the SEC told the court it should be permitted to serve summons via personal email and through U.S. counsel to ensure Adani executives receive notice of the proceedings. The allegations cover claims of misconduct that could have misled investors and violated U.S. securities laws, including anti-bribery and anti-corruption statutes. The civil case is separate from a criminal probe by the U.S. Department of Justice that also involves related charges. Market Reaction: Sharp Sell-Off Across Stocks The immediate impact of the SEC’s action was evident in financial markets.…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

It was an action-packed week for the world’s third-largest startup ecosystem. While overall funding momentum continued to build, the ecosystem…

For Indian startup founders, obtaining funding has changed silently from a time-limited capital raise to a long, resource-draining process that can last six to nine months or even longer. What used to be expected to end in a quarter is now happening over several quarters, even for organisations doing well.This isn't just a one-time thing or a short-term market slump. Investors are changing how they think about risk, invest money, and hold people accountable. This change is making it take longer to raise money at all levels.From belief to constant reviewThe primary reason for the delay is that the way investment decisions are made has changed.Before, the steps for raising money were rather clear: pitch meetings, a term sheet, due diligence, and closing. Today, due diligence has grown into a longer examination period. Bankers in the industry claim that due diligence is taking longer, with investors having enough time to see two full quarters of operating performance.Monthly updates to the management information system (MIS) now work like a live audit. They include data on revenue, costs, recruiting, churn, and the pipeline. Investors might check to see if founders can truly deliver on the figures over time, rather than just relying…  ​Read More​YourStory RSS Feed