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Mukesh Ambani makes a $110 billion AI pledge before Jio IPO
Asia's richest man Mukesh Ambani revealed the long-term investment plan at the AI Impact Summit in New Delhi.

OpenAI to open new offices in Mumbai and Bengaluru as Sam Altman attends AI Impact Summit
OpenAI is set to expand its presence in India with new offices in Mumbai and Bengaluru later this year, complementing its existing office in New Delhi opened last year.
Sridhar Vembu predicts India may outpace US in AI adoption over next 10 years — what he said at AI Impact Summit 2026
Sridhar Vembu, at AI Impact Summit 2026 in New Delhi, said that India might outpace the US in adoption of artificial intelligence over the next 10 years. Here's what Zoho's chief scientist said.

S45 introduces India’s first AI-native investment banking platform; secures $5 mn capital from RTP Global
S45 launched India’s first AI-native investment banking platform at the AI Impact Summit in New Delhi, raising $5 million from RTP Global to automate IPO processes amid record IPO volumes in 2025.

MSTC shares surge 7% on scrappage incentives in new Delhi EV policy 2026, extend one-month rally to 57%
Under the new policy, owners replacing BS-IV or older two-wheelers with electric vehicles will be eligible for an additional scrappage incentive of Rs 10,000.

MSTC surges 15%, MMTC gains 7% as Cabinet clears Delhi-NCR vehicle scrappage scheme
Investor sentiment was buoyed by expectations that the new scrappage policy could increase demand for organised recycling and scrap disposal services, benefiting companies operating in the segment.

Maruti Suzuki stock gains 1.5% as it launches flex-fuel powered Wagon R
The company launched the flex-fuel version of the Wagon R at an event in New Delhi ahead of World Environment Day.