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The electronics manufacturing cluster (EMC 2.0) in Uttar Pradesh’s Sector-10 is expected to attract ₹2,500 crore in investments and create around 15,000 jobs

A key highlight is its provision of 100 per cent top-up incentives for projects approved by the Ministry of Electronics and Information Technology (MeitY), offering dual benefits from both the Centre and the state.

Dutch tech investor Prosus aims to grow its ecommerce revenue to $7.3–$7.5 billion and adjusted EBITDA to $1.1–$1.2 billion in FY2026. In FY2025, it reported $6.2 billion revenue and $655 million in adjusted EBITDA.

A key highlight is its provision of 100 per cent top-up incentives for projects approved by the Ministry of Electronics and Information Technology (MeitY), offering dual benefits from both the Centre and the state.

The project will focus on round-the-clock renewable energy solutions, primarily supporting the Electric Vehicle truck charging ecosystem of Blue Energy Motors and Greenline.

This innovation challenge aims to identify and support breakthrough solutions for India’s rooftop solar and distributed renewable energy ecosystem

Canva has introduced a new AI-powered video feature using Google’s Veo 3 model, allowing users to create short video clips with sound from text or voice prompts. Available to paid and nonprofit users, the company plans to expand access gradually. It also announced the acquisition of the startup MagicBrief.

The Competition Commission of India (CCI) has approved Delhivery’s acquisition of Ecom Express and Mahindra & Mahindra’s (M&M) acquisition of SML Isuzu. Delhivery will acquire a majority stake in Ecom Express for Rs 1,407 crore, enhancing its logistics solutions for the e-commerce sector. M&M will acquire a 58.

Reliance Defence has signed a strategic cooperation agreement with Germany’s Diehl Defence to manufacture Vulcano 155mm precision-guided munitions in India. A new facility in Ratnagiri, Maharashtra, will support this production, aligning with the government’s Make in India and Atmanirbhar Bharat goals. The partnership could generate ₹10,000 crore in revenue and marks Reliance’s fourth major global defence collaboration. With over 50% indigenous value addition, the deal strengthens India’s defence.

Biz2X, the digital lending software platform from Biz2Credit, has surpassed INR 14,000 crore in loan disbursements through its India operations in FY25, continuing its steady growth of 25-30 per cent year-on-year. The figure signals not just the rising demand for credit access but also the expanding influence of AI-powered fintech infrastructure in India’s lending landscape.