New Delhi, India – An unprecedented power struggle has erupted at the top of one of India’s largest conglomerates, pitting the board of its holding company Tata Sons against its majority shareholder Tata Trusts. Last week, Tata Sons extended Chairman N Chandrasekaran’s term and said it would consider publicly listing the holding company, flying in…
The $2.3 billion initial public offer of shares in India’s National Stock Exchange has received a frenzied response from investors, drawing bids worth more than $10 billion despite its hefty price-to-earnings multiple, which values it above several U.S. stock exchange businesses such as Nasdaq. Driven by strong demand from institutional and high-net-worth buyers, the NSE…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. The Indian government has been rushing to sell stakes in state-owned companies this year. So far, it has pared its stake in 10 public…
New Delhi, India – Silence descended over Jantar Mantar and the adjoining Parliament Street in central New Delhi at midnight, hours after the Cockroach Janta Party (CJP) called off its agitation following the resignation of Education Minister Dharmendra Pradhan. Thousands of students and youth protesters had occupied the protest site near the Parliament of India,…
Pradhan announced his resignation on X in a post in Hindi saying he “respected the aspirations, dreams, and expectations of the youth” and was “pained by the events” of the past few days. “Considering the situation at Jantar Mantar and across the country – with the aim of preventing anti-national forces from exploiting it, preserving…
Thousands of people are attempting to march to India’s parliament after the Cockroach Janta Party (CJP) called a protest demanding reforms to the education system. The group, which is not a real political party, started out as satire. But on Monday, it held its biggest protest yet. BBC correspondent Azadeh Moshiri, who attended the group’s…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. India is home to the world’s most prolific filmmaking industry. This week, industry executives told me that generative AI adoption is accelerating as producers…
SHANGHAI, CHINA – NOVEMBER 05: People visit the booth of Organon during the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 5, 2024 in Shanghai, China. The 7th China International Import Expo (CIIE) kicked off in Shanghai on November 5. (Photo by Tang Yanjun/China News Service/VCG via…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Just as India’s textile industry was beginning to stabilize after U.S. tariffs, it received another blow. Industry leaders tell me the Iran…
As governments across the Global South move from pilot projects to real-world deployment of artificial intelligence, experience is becoming more valuable than ambition. For Nakul Jain, Managing Director and CEO of Wadhwani AI Global, India’s long engagement with AI in public systems offers practical lessons for countries such as Rwanda. Speaking to The New Times,…
