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Intel to buy back Apollo stake in Ireland factory for $14.2 billion

Intel said it would spend $14.2 billion to buy back the 49% stake it had sold to Apollo Global Management in its Ireland manufacturing facility, taking full ownership of the plant as its finances improve and AI drives demand for its processors. Shares of the chipmaker rose more than 10% on Wednesday. Apollo in 2024 … Read more

Govt defers SIM binding deadline to Dec 31 after big tech pushback

The Indian government has deferred the implementation of its controversial SIM binding directive to December 31, following strong pushback from major technology companies, offering temporary relief to OTT messaging platforms and users alike. Govt’s sim binding directive had witnessed strong pushback from big tech players like Apple, Google, Meta, Whatsapp, Microsoft. The Department of Telecommunications … Read more

Apple’s 50-year odyssey has redefined technology, pop culture and comeback stories

A scrawny hippie and a nerdy engineer who became prank-playing friends vowed to change the world when they founded a Silicon Valley startup on April Fools’ Day 50 years ago and then — no joke — pulled it off. The improbable odyssey began April 1, 1976, when a then-shaggy Steve Jobs and his gadget-tinkering friend … Read more

AI Watch: SoftBank’s $40 billion AI bet, Lilly’s $2.75 billion drug deal, and Grok’s EU setback

SoftBank has raised a $40 billion short-term loan to back its growing exposure to OpenAI, signaling confidence in a possible IPO. Eli Lilly has signed a $2.75 billion deal with Insilico Medicine to commercialize AI-developed drugs globally. In Europe, Elon Musk’s Grok faces legal restrictions over misuse of AI-generated imagery. Meanwhile, India’s Sarvam AI has … Read more

AI will now make your medicines too: Big Pharma’s $2.75 billion bet on algorithms over laboratories

Eli Lilly bets up to 2.75 billion on Insilico Medicine AI platform Pharma.AI, signaling Big Pharma shift to AI led drug discovery and global R and D partnerships. By Rhea Bhatia March 30, 2026, 2:46:58 PM IST (Published) The idea that artificial intelligence could disrupt white-collar work is no longer new. It has already reshaped … Read more

India gives WhatsApp, Signal, Arattai more time to meet SIM linking rules: Report

The Center is set to give messaging apps more time to meet its SIM binding requirements after several companies flagged technical challenges. WhatsApp, Signal, Telegram, ShareChat and Arattai are now expected to complete compliance by the end of December, according to Hindustan Times. The government’s directive was issued in November 2025. It said that apps … Read more

Food delivery valuations may improve as fee hikes lift profitability: Bernstein

Jignanshu Gor, Director & Senior Research Analyst at Bernstein, expects food delivery platforms to shift toward profitability, with fee hikes driving gradual earnings before interest, taxes, depreciation and amortization (EBITDA) expansion as growth stabilizes in a duopoly market. He believes valuations could improve over time, especially in quick commerce, but meaningful upside will depend on … Read more

PM Modi to inaugurate ₹3,300 crore Kaynes Semicon OSAT unit in Sanand on March 31

Prime Minister Narendra Modi will inaugurate Kaynes Semicon’s Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand on Tuesday, March 31, in a move aimed at strengthening India’s semiconductor ecosystem. The project, cleared by the Union Cabinet on September 23, 2024, under the India Semiconductor Mission, involves an investment of ₹3,300 crore. The OSAT unit … Read more

Watch | Govt moves to tighten social media rules; individual users may come under compliance net

The government is moving to tighten social media regulations, with draft amendments proposing that even individual users could come under a stricter compliance framework, marking a significant shift in India’s digital content oversight. Under the proposed changes, platforms may no longer have the discretion to ignore government advisories. “Advisories, guidelines and SOPs, as long as … Read more

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