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Bhavya Dilipkumar

Principal Correspondent, moneycontrol.com

Centre sets aside Rs 1,500 crore for PM E-DRIVE scheme in Budget 2026

BUSINESS

Centre sets aside Rs 1,500 crore for PM E-DRIVE scheme in Budget 2026

The PM E-DRIVE scheme focuses on accelerating the adoption of electric vehicles (EVs) and strengthening supporting infrastructure, including charging facilities.

Budget earmarks Rs 5,939 crore for auto PLI scheme

BUSINESS

Budget earmarks Rs 5,939 crore for auto PLI scheme

In the revised estimates for FY26, the government expects to spend Rs 2,091.26 crore under the scheme. The allocation for FY24–25 also stood at Rs 2,818.85 crore

Budget 2026: FM proposes multilingual AI tool to integrate agri portals

BUSINESS

Budget 2026: FM proposes multilingual AI tool to integrate agri portals

The finance minister said the proposed AI-based platform will help reduce risks faced by farmers by offering timely and tailored information across stages of agricultural activity

Centre to set up rare earth corridors in four states: FM Nirmala Sitharaman in Union Budget 2026

BUSINESS

Centre to set up rare earth corridors in four states: FM Nirmala Sitharaman in Union Budget 2026

The proposed corridors will focus on strengthening domestic capabilities across the rare earth value chain, covering extraction, processing and manufacturing activities

MoEngage receives NCLT nod for reverse merger ahead of potential IPO

BUSINESS

MoEngage receives NCLT nod for reverse merger ahead of potential IPO

NCLT has sanctioned the amalgamation of US parent into Indian entity, completing corporate restructuring

India must attract experienced AI talent, start training early to build future-ready workforce, says Economic Survey

BUSINESS

India must attract experienced AI talent, start training early to build future-ready workforce, says Economic Survey

Hands-on exposure to frontier AI systems is critical for building a competitive talent base and training must begin early and cannot remain limited to postgraduate or specialised programmes, says the survey .

GPU shortages, rising costs emerge as key risks to India’s AI compute ambitions, says Economic Survey

BUSINESS

GPU shortages, rising costs emerge as key risks to India’s AI compute ambitions, says Economic Survey

To analyse these risks, the Survey has proposed an Agent Based Modelling (ABM) framework, allowing financing, electricity grid capacity and access to hardware to interact through feedback loops.

'Legacy players are bloated and expensive; we’re building the alternative:' Zoho’s Sridhar Vembu on ERP

BUSINESS

'Legacy players are bloated and expensive; we’re building the alternative:' Zoho’s Sridhar Vembu on ERP

Zoho enters the ERP market to take on SAP and Oracle, launching India-first software as Sridhar Vembu bets on affordability, rural tech hubs and long-term R&D.

Rent payments make a comeback on payment apps, PhonePe stays out ahead of IPO

BUSINESS

Rent payments make a comeback on payment apps, PhonePe stays out ahead of IPO

While some of the payment companies have restarted the rent payment with work-arounds and caution, IPO-bound PhonePe wants to stay away from any regulatory grey-area

Zoho to take 'hub-and-spoke' model to Uttar Pradesh's small towns in 2026: Sridhar Vembu

BUSINESS

Zoho to take 'hub-and-spoke' model to Uttar Pradesh's small towns in 2026: Sridhar Vembu

The Uttar Pradesh move is expected to follow Zoho’s hub-and-spoke model, similar to its centres in smaller towns such as Tenkasi and Kumbakonam in Tamil Nadu.

Zoho launches AI-native ERP platform to target Indian enterprises

TECHNOLOGY

Zoho launches AI-native ERP platform to target Indian enterprises

Zoho ERP integrates finance, supply chain, payroll and commerce with built-in compliance and native AI

Zoho to expand office in rural Tamil Nadu town, plans new campus with capacity for 2,000 employees

STARTUP

Zoho to expand office in rural Tamil Nadu town, plans new campus with capacity for 2,000 employees

Expansion aligns with Zoho’s hub-and-spoke model to build technology talent in smaller towns

Juspay raises $50 million from WestBridge Capital; turns unicorn with $1.2 billion valuation

BUSINESS

Juspay raises $50 million from WestBridge Capital; turns unicorn with $1.2 billion valuation

Juspay stated that the funding round is a mix of primary and secondary transactions. The primary capital will be used to fund the startup's expansion across international markets.

PhonePe IPO: Walmart-backed firm’s UPI dominance, new riskier businesses and other risk factors from DRHP

TECHNOLOGY

PhonePe IPO: Walmart-backed firm’s UPI dominance, new riskier businesses and other risk factors from DRHP

In December, PhonePe processed close to 10 billion transactions worth over Rs 13.6 lakh crore through UPI platform

IPO-bound PhonePe's revenue rises 22% to Rs 3,918 crore, net loss widens to Rs 1,444 crore in H1FY26

TECHNOLOGY

IPO-bound PhonePe's revenue rises 22% to Rs 3,918 crore, net loss widens to Rs 1,444 crore in H1FY26

Updated DRHP shows IPO to be a pure offer for sale with no fresh issue.

India continues to be a global bright spot for growth, says Mahindra Group CEO Anish Shah at WEF 2026

BUSINESS

India continues to be a global bright spot for growth, says Mahindra Group CEO Anish Shah at WEF 2026

In an interview to Moneycontrol Shah called for continuity in the Union Budget, saying recent budgets have laid a strong foundation for long-term growth with focus on capital expenditure, infrastructure and fiscal discipline

Davos 2026: Mahindra electric three-wheeler business is almost ready for IPO, says CEO Anish Shah

BUSINESS

Davos 2026: Mahindra electric three-wheeler business is almost ready for IPO, says CEO Anish Shah

Speaking on the sidelines of the World Economic Forum to Moneycontrol in Davos, Shah said the business has performed strongly in a highly competitive segment and has emerged as the market leader

Davos 2026: Tariffs hurt competitiveness, Budget must cut cost of doing business and boost R&D: Bharat Forge MD Amit Kalyani

BUSINESS

Davos 2026: Tariffs hurt competitiveness, Budget must cut cost of doing business and boost R&D: Bharat Forge MD Amit Kalyani

Bharat Forge chairman Amit Kalyani said rising tariffs are pushing up costs and hurting competitiveness, and called on the Union Budget to cut the cost of doing business and sharply increase support for research and development.

AI is no longer equal to Nvidia and its dominance is being challenged: Cerebras CEO Andrew Feldman at Davos

BUSINESS

AI is no longer equal to Nvidia and its dominance is being challenged: Cerebras CEO Andrew Feldman at Davos

In an interview to Moneycontrol on the sidelines of the World Economic Forum (WEF) in Davos, Feldman also spoke about the growing importance of India in the global AI ecosystem

PhonePe gets SEBI nod for India's second largest fintech IPO, likely to seek $15-billion valuation

BUSINESS

PhonePe gets SEBI nod for India's second largest fintech IPO, likely to seek $15-billion valuation

The stage is set for PhonePe’s listing in the Indian stock markets as the company continues to reign in UPI payments segment with around 45 percent market share

Wingify’s VWO and AB Tasty announce merger, to build $100 million-plus digital experience platform

BUSINESS

Wingify’s VWO and AB Tasty announce merger, to build $100 million-plus digital experience platform

Everstone Capital, which acquired a majority stake in Wingyfy in 2025, has committed additional capital, as the combined entity targets scale in AI-led experimentation and personalisation

Davos 2026: “Only a fool would overlook India,” says Cerebras CEO Andrew Feldman on AI partnerships

BUSINESS

Davos 2026: “Only a fool would overlook India,” says Cerebras CEO Andrew Feldman on AI partnerships

Feldman says India’s talent, infrastructure push and partnership ecosystem make it impossible for global AI companies to ignore the country.

TiEcon Mangaluru 2026: Deloitte to hire 50,000 employees in India, eyes Mangaluru entry for future expansion

BUSINESS

TiEcon Mangaluru 2026: Deloitte to hire 50,000 employees in India, eyes Mangaluru entry for future expansion

Shetty proposed the creation of digital economic zones that combine GCCs, GPU-based data centres, startups and academia with plug-and-play infrastructure.

TiEcon Mangaluru 2026: Karnataka to launch local innovation fund for cities beyond Bengaluru

BUSINESS

TiEcon Mangaluru 2026: Karnataka to launch local innovation fund for cities beyond Bengaluru

The Rs 70-75 crore fund will be backed by the state government, VCs and HNIs, say sources

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