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LTTS Bags $75 Million Deal: L&T Technology Services Wins 5-Year Global Contract

L&T Technology Services wins five-year contract worth over $75 million; deal to cover AI-led engineering, software development, testing and digital engineering services.

Income Tax Department Launches Nationwide Probe Into Suspicious Foreign Remittances

The Income Tax Department has launched a nationwide verification exercise covering 394 entities and 36 professionals over suspected irregularities in large foreign remittances made by firms with little or no reported business activity.

Air India Voluntarily Tests All Pilots Under Expanded Safety Programme

Air India said it is voluntarily testing all pilots as part of an expanded safety programme that goes beyond regulatory requirements, urging stakeholders to await verified results before drawing conclusions.

Razorpay unveils AI-powered Vulcan model to boost payment success and fraud detection

Built with NVIDIA and AWS technology, the foundation model analyzes transactions in real time to improve routing, reduce checkout friction and identify fraudulent activity across India's digital payments ecosystem.

India’s Local Currency Payment Link Proposal Emerges as Key BRICS Summit Agenda Item

India’s proposal to connect domestic currency payment systems across BRICS members has emerged as a key agenda item for the upcoming Delhi summit, with the initiative aimed at enabling faster local-currency settlements.

FTAs Boosting India’s Export Growth as UAE, Australia Markets Drive New Opportunities

India’s recent free trade agreements are boosting export opportunities, with rising shipments, wider product access and increased use of preferential tariff benefits across key partner markets.

India’s 5G Adoption to Reach 62% by 2030, Ahead of Asia-Pacific Average: GSMA

India’s 5G adoption is projected to hit 62% by 2030, ahead of the Asia-Pacific average, as affordability, digital skills, cybersecurity and digital trust emerge as key challenges.

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