Download the app
App StorePlay Store
Beige
Login
← All sources
IndianWeb2

IndianWeb2

Rajasthan becomes chip hub as Sahasra Semiconductor starts packing in Bhiwadi with 400 crore push

Rajasthan becomes chip hub as Sahasra Semiconductor starts packing in Bhiwadi with 400 crore push

Union Minister Ashwini Vaishnaw virtually laid the foundation stone for the Sahasra Semiconductor facility in Bhiwadi, Rajasthan—an SME-led ATMP/OSAT chip packaging plant worth over ₹400 crore. The 57,000 sq. ft. site will start at about 60 million units annually and aims for 400–600 million units within 2–3 years. Built with Class 10K and 100K cleanrooms, it already ships more than 60% of output abroad while supporting India’s push to deepen semiconductor capabilities.

Summarised by Beize from a story on IndianWeb2 on 16 May 2026
L&T and Exail team up to equip India with autonomous mine neutralisation drones for 12 Navy vessels

L&T and Exail team up to equip India with autonomous mine neutralisation drones for 12 Navy vessels

L&T has partnered with France’s Exail to provide an advanced Unmanned Mine Counter-Measure (MCM) Suite for the Indian Navy’s Mine Counter Measure Vessels programme. The system combines autonomous and remotely operated capabilities to detect, classify, identify and neutralise mines from a safe stand-off distance. L&T will act as prime contractor, offering the suite to all shipyards building 12 MCMVs, with Exail as technology partner. The effort aligns with Aatmanirbhar Bharat and Make in India, aiming to strengthen maritime security and build self-reliant defence manufacturing in India.

Summarised by Beize from a story on IndianWeb2 on 15 May 2026

Your news, in seconds

App StorePlay Store
Agneyastra Energetics launches ₹1,500 crore Andhra defence energetics hub to cut imported ammunition materials dependence

Agneyastra Energetics launches ₹1,500 crore Andhra defence energetics hub to cut imported ammunition materials dependence

Agneyastra Energetics Limited, the defence arm’s subsidiary under Bharat Forge’s Kalyani Strategic Systems, has broken ground on a new strategic manufacturing facility near Madakasira in Andhra Pradesh. The integrated 1,000-acre campus will receive a planned ₹1,500 crore investment over the next 2–4 years, featuring advanced manufacturing, high-safety testing, and dedicated logistics. Backed by decades of group expertise, the project is expected to create about 800 direct and 2,500 indirect jobs while pushing import substitution in advanced energetics and ammunition.

Summarised by Beize from a story on IndianWeb2 on 15 May 2026
Wipro completes Mindsprint deal expanding AI farm to fork, supply chain and commodity trading capabilities worldwide

Wipro completes Mindsprint deal expanding AI farm to fork, supply chain and commodity trading capabilities worldwide

Wipro says it has completed its acquisition of Olam Group’s IT and digital services unit Mindsprint after receiving the required regulatory approvals. The deal, first announced on April 6, 2026, was part of Wipro’s eight-year transformation win from Olam, a Singapore-headquartered food and agri-business backed by Temasek. The combined push targets AI-powered, IP-led transformation across farming, forecasting, trading, supply-chain operations, and customer engagement, with Mindsprint’s domain expertise and product suite joining Wipro’s Intelligence platform.

Summarised by Beize from a story on IndianWeb2 on 15 May 2026
IIT Hyderabad DRDO and Innomet build indigenous 100 kg inert gas atomizer to power aerospace and defence powders

IIT Hyderabad DRDO and Innomet build indigenous 100 kg inert gas atomizer to power aerospace and defence powders

IIT Hyderabad has teamed up with DRDO’s Defence Metallurgical Research Laboratory (DMRL) and Hyderabad-based Innomet Advanced Materials to develop India’s first large-scale 100 kg inert gas atomizer. Funded through DRDO’s DIA Centre of Excellence at IIT BHU, the project will create high-purity spherical alloy powders for aerospace, defence, additive manufacturing, and strategic applications. Set up at Innomet’s premises, the facility will also support DRDO and IIT Hyderabad research for five years and scale from an earlier 10 kg success.

Summarised by Beize from a story on IndianWeb2 on 15 May 2026
Accenture Federal and OpenAI launch secure AI push for US agencies in weeks instead of years

Accenture Federal and OpenAI launch secure AI push for US agencies in weeks instead of years

Accenture Federal Services and OpenAI have announced a strategic partnership aimed at speeding secure AI adoption across U.S. federal agencies. The plan, launching May 14, 2026, targets rapid movement from pilot projects to mission-grade deployments, positioning Accenture as an OpenAI Implementation Partner. Their approach combines OpenAI’s frontier models with security-first delivery, federal-ready governance, and an “Agentic Lab at The Forge” for simulated testing. The rollout also emphasizes human oversight and workforce training to improve trust and accountability.

Summarised by Beize from a story on IndianWeb2 on 15 May 2026

Never miss a story

App StorePlay Store
Indian scientists show antiparallel qubits can extract more than identical copies

Indian scientists show antiparallel qubits can extract more than identical copies

Indian researchers report that preparing a pair of qubits in opposite (antiparallel) spins enables information extraction that two identical copies cannot. Specifically, the team shows they can predict three mutually incompatible spin components simultaneously—contrary to what complementarity and Heisenberg-type restrictions typically suggest. The finding, highlighted through work reported in Physical Review Letters, points to new strategies for characterizing quantum devices with fewer resources and for rethinking quantum cryptography protocols.

Summarised by Beize from a story on IndianWeb2 on 15 May 2026
IAN Angel Fund backs The Sweet Change with ₹70 lakhs to scale clean natural sweeteners

IAN Angel Fund backs The Sweet Change with ₹70 lakhs to scale clean natural sweeteners

IAN Angel Fund, the evergreen fund of IAN Group, has led a ₹70 lakh early-stage funding round in The Sweet Change, a clean natural sweetener brand, with participation from Udaan Angel Partners. Founded in 2024 by Manvi Agnihotri and Sheen Hitashi, the company aims to use the capital to boost product development, expand via e-commerce and quick commerce, and grow brand awareness and headcount. It claims early traction, crossing ₹1.5 crore in revenue and fulfilling 12,000+ website orders.

Summarised by Beize from a story on IndianWeb2 on 15 May 2026
ICICI Bank and Visa unveil India first USD debit card for GIFT City NRIs with Visa Infinite benefits

ICICI Bank and Visa unveil India first USD debit card for GIFT City NRIs with Visa Infinite benefits

ICICI Bank, with Visa, has launched India’s first USD-denominated debit card issued from its IFSC Banking Unit at GIFT City. The card is linked to ICICI Bank’s USD Global Savings Account and lets NRIs spend their US dollar balance globally at ATMs, POS terminals and e-commerce. The offering runs on the Visa Infinite platform and includes security controls such as EMV chip compliance, channel enable-disable, and daily transaction limits, plus Visa Infinite privileges and curated brand and travel benefits.

Summarised by Beize from a story on IndianWeb2 on 15 May 2026
Lighthouse Canton Launches ₹1,200 Cr LC Luminere Credit Fund Betting on India Private Credit’s Next Surge

Lighthouse Canton Launches ₹1,200 Cr LC Luminere Credit Fund Betting on India Private Credit’s Next Surge

Lighthouse Canton has launched the SEBI-registered LC Luminere Credit Fund, a Category II AIF aimed at funding India’s fast-growing private credit market. The ₹1,200 crore vehicle, with a six-year tenure and average deal duration of about three years, will make structured senior secured credit investments in mid-to-large corporates. The fund seeks stable periodic cash yield and “high teen” risk-adjusted returns, deploying capital across growth, acquisitions, sponsor-backed refinancing and cross-border opportunities. It has already warehoused its first investment and says a near-term pipeline is ready.

Summarised by Beize from a story on IndianWeb2 on 15 May 2026

Reading on mobile?

App StorePlay Store
Cisco open sources Foundry Security Spec to make AI cybersecurity findings verifiable and auditable at machine speed

Cisco open sources Foundry Security Spec to make AI cybersecurity findings verifiable and auditable at machine speed

Cisco has open-sourced the Foundry Security Spec, an AI security evaluation blueprint designed to replace noisy, unverifiable alerts with structured, auditable findings. Built for machine-speed threats, it counters frontier-model hallucinations using orchestration, bounded outputs, and clear completion signals. The spec is model-agnostic and stack-neutral, and it’s released as two artifacts: Spec.md with ~130 requirements and Constitution.md with 11 inviolable principles tied to real failures Cisco encountered.

Summarised by Beize from a story on IndianWeb2 on 15 May 2026
Tata Motors Q4 FY26 logs record revenue and margins as free cash flow surges and Iveco deal nears

Tata Motors Q4 FY26 logs record revenue and margins as free cash flow surges and Iveco deal nears

Tata Motors reported a record Q4 FY26 for its standalone business with revenue up 22% to ₹24.5K cr and EBITDA rising 35% to ₹3.4K cr, taking margins into the “teens.” Full-year revenue grew 11% with stronger EBITDA and ROCE, while free cash flow climbed. Consolidated results stay net cash positive, and the Iveco acquisition inches toward Q2 FY27 amid exceptional-item pressure on profits.

Summarised by Beize from a story on IndianWeb2 on 13 May 2026
India’s IMD launches AI monsoon forecasts and 1 km rainfall model to predict weather where it matters

India’s IMD launches AI monsoon forecasts and 1 km rainfall model to predict weather where it matters

India has unveiled two AI-enabled weather services: an advance monsoon forecast for 16 states and 3,000+ sub-districts, and a 1 km resolution rainfall model piloted in Uttar Pradesh. Built with IMD, IITM Pune and NCMRWF, the systems deliver hyper-local, probabilistic guidance up to four weeks and ten days ahead—supporting farmers, disaster response and infrastructure planning.

Summarised by Beize from a story on IndianWeb2 on 13 May 2026
Apple and Google start beta end to end encrypted RCS chats between iPhone and Android

Apple and Google start beta end to end encrypted RCS chats between iPhone and Android

Apple and Google have begun a beta rollout of end to end encrypted RCS messaging, starting with iPhone users on iOS 26.5 and Android users on the latest Google Messages. iPhone to Android RCS conversations will be encrypted by default using the MLS protocol, with a lock icon confirming protection. Availability depends on supported carriers and expands gradually.

Summarised by Beize from a story on IndianWeb2 on 13 May 2026

Follow your favourite sources

App StorePlay Store
NODWIN Gaming turns EBITDA profitable in FY26 and signals IPO readiness after INR 658 crore revenue jump

NODWIN Gaming turns EBITDA profitable in FY26 and signals IPO readiness after INR 658 crore revenue jump

NODWIN Gaming posted consolidated revenue of INR 658 crore in FY26, up 25% organically year-on-year, and reported an EBITDA profit of INR 21 crore after an EBITDA loss of INR 14 crore in FY25. The turnaround followed portfolio restructuring, including de-consolidating Freaks4U, alongside stronger live, content and IP performance as the company accelerates IPO readiness.

Summarised by Beize from a story on IndianWeb2 on 13 May 2026
Agilent and Veeda Launch Bengaluru Center of Excellence for GLP 1 Analytics Ready for Inspections

Agilent and Veeda Launch Bengaluru Center of Excellence for GLP 1 Analytics Ready for Inspections

Agilent Technologies is partnering with Veeda Lifesciences to launch a joint Center of Excellence in Bengaluru focused on regulatory-aligned analytical and bioanalytical workflows. The hub aims to produce consistent, inspection-ready data across early development, clinical and manufacturing stages, with special emphasis on GLP-1 peptides where sensitivity, throughput and data integrity are crucial. The collaboration combines Agilent mass spectrometry with Veeda proteomics and impurity analysis capabilities.

Summarised by Beize from a story on IndianWeb2 on 13 May 2026
Black Box buys Brazil’s 2S Inovações to boost cybersecurity and data center networking across Latin America

Black Box buys Brazil’s 2S Inovações to boost cybersecurity and data center networking across Latin America

Black Box Limited has completed its acquisition of Brazil based 2S Inovações Tecnológicas effective May 1, 2026. The deal expands its digital infrastructure, data center networking, cloud, and cybersecurity capabilities across Latin America, reinforcing Brazil as a regional hub. Black Box expects the transaction to add around Rs 500 crore in annualised revenues and pushes toward US$2 billion yearly by 2030.

Summarised by Beize from a story on IndianWeb2 on 13 May 2026
LVL Zero reveals mentor network of global gaming operators to fast track India’s game studios in 100 days

LVL Zero reveals mentor network of global gaming operators to fast track India’s game studios in 100 days

LVL Zero, India’s first gaming incubator, has onboarded a mentor network of Indian and global experts across design, publishing, live-ops, growth, and investor readiness for its inaugural 10 startups. Unlike traditional programs, mentors are embedded in the 100-day build-test-ship lifecycle with bi-weekly sprint reviews, playtesting analysis, and go-to-market guidance aimed at shipping market-ready games faster.

Summarised by Beize from a story on IndianWeb2 on 13 May 2026

Stay informed on the go

App StorePlay Store
Adani Power Wins CCI Nod to Fully Buy GVK Energy and Jump Deeper into Hydropower

Adani Power Wins CCI Nod to Fully Buy GVK Energy and Jump Deeper into Hydropower

Adani Power has received Competition Commission of India approval to fully acquire GVK Energy through its subsidiary Alaknanda Hydro Power Ltd. The deal, cleared on May 12 under the Insolvency and Bankruptcy Code, brings a 330 MW Srinagar hydropower project in Uttarakhand. The acquisition boosts renewables and expands Adani’s geographic footprint as its capacity targets rise.

Summarised by Beize from a story on IndianWeb2 on 13 May 2026
Nazara FY26 EBITDA Jumps 66% With Gaming Fueling 90% of Profits and Margins Near Doubling

Nazara FY26 EBITDA Jumps 66% With Gaming Fueling 90% of Profits and Margins Near Doubling

Nazara Technologies’ FY26 delivered a sharp turnaround: revenue rose 13% to INR 1,829 cr and EBITDA surged 66% to INR 255 cr. Q4FY26 EBITDA margin nearly doubled to 19.5%. Operating cash flow jumped 81% to INR 213 cr, while gaming’s share of EBITDA climbed from 56% to 90% as the company leaned into higher-margin core IP and global expansion.

Summarised by Beize from a story on IndianWeb2 on 12 May 2026
Page 1

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.

Download on the App StoreGet it on Google Play