POLICY
Sun Pharma's ILUMYA Is Approved For…
StartupFox
Sun Pharma's ILUMYA Is Approved For Psoriatic Arthritis, And Can Only Be Given In A Clinic
The approval rests on INSPIRE-1 and INSPIRE-2. The announcement did not publish the efficacy numbers from either.
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POLICY
Microsoft Has Offered A Quarter Of…
StartupFox
Microsoft Has Offered A Quarter Of Its Staff The Door And Left The Data Centres Out
Xbox, Windows, Copilot and Finance are in. Data centres are out. India is included for the first time.
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POLICY
Apple India Crossed ₹1 Lakh Crore…
StartupFox
Apple India Crossed ₹1 Lakh Crore And Paid Cupertino Nearly Twice What It Kept
Revenue grew 31 per cent. The royalty paid to Cupertino grew 144 per cent, to nearly twice what the Indian entity kept.
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POLICY
China Ordered $35 Billion Of Nvidia…
StartupFox
China Ordered $35 Billion Of Nvidia Cards And Nvidia Says It Can Fill A Tenth
Six million units ordered against three million of capacity. Nvidia has told partners they may get a tenth of what they asked for.
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POLICY
Britain Promised Its Largest AI Data…
StartupFox
Britain Promised Its Largest AI Data Centre And Could Not Find It Any Electricity
Power at the Loughton site was due this year. The grid now says the 2030s. The project was announced at a state visit thirteen months ago.
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AI
China Has Put Its Solar And…
StartupFox
China Has Put Its Solar And AI Know-How Behind A Licence, And The Clock Started On Day One
The consultation runs to 15 November. The registration requirement started the day it was published, and catches deals already in progress.
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POLICY
NPCI Has Deferred The UPI Charge…
StartupFox
NPCI Has Deferred The UPI Charge Two Days Before It Was Due To Start
Two days before the start, with no new date. Everything built against 15 October now waits for a notification.
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POLICY
Infosys Says AI Could Be Half…
StartupFox
Infosys Says AI Could Be Half Its Work In Three Years, And Warns The Backlash Is Coming Here
The warning is sharper than the forecast. He said the Western data centre backlash may reach India, which almost nobody here is planning for.
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SAAS & TECH
India Spent A Year Saying It…
StartupFox
India Spent A Year Saying It Would Not Regulate AI, And Is Now Writing The Paper
A year ago MeitY declined to propose an AI law. The minister now calls the coming paper the base for regulation that has to come.
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MARKETS & IPO
The US Takes 97% Of India's…
StartupFox
The US Takes 97% Of India's Solar Module Exports, And Delhi Is Looking For A Plan B
A 126 per cent duty is a price problem. Export credit solves financing problems, which is not the same thing.
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POLICY
Brokers Say IRDAI's Overhaul Could Cost…
StartupFox
Brokers Say IRDAI's Overhaul Could Cost Them 70% Of Revenue
IRDAI's own data shows broker commissions rose 173 per cent between FY23 and FY25 while premiums they sourced rose 37.
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SAAS & TECH
Amazon Has Stopped Making Councils Sign…
StartupFox
Amazon Has Stopped Making Councils Sign NDAs Before It Builds A Data Centre
Seventy-five projects worth $130 billion were blocked or delayed in one quarter. The secrecy that was supposed to smooth approvals was costing more than it saved.
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POLICY
HCL Is Spending ₹500 Crore To…
StartupFox
HCL Is Spending ₹500 Crore To Add 4,500 Seats In Lucknow
The expansion was announced two days before the US suspended HCL from PERM. Unconnected events, pointing the same way.
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SAAS & TECH
The US Has Suspended TCS, Infosys,…
StartupFox
The US Has Suspended TCS, Infosys, Wipro And HCL From Its Green Card Programme
No H-1B visa has been cancelled. What has been suspended is the path to permanent residency, which is a retention problem rather than an operational one.
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POLICY
The RBI Has Raised Rates For…
StartupFox
The RBI Has Raised Rates For The First Time Since February 2023
Neutral became calibrated tightening, which is the part that changes planning. The next move is a hike or a pause, not a cut.
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FUNDING
The Cabinet Has Cleared A ₹10,000…
StartupFox
The Cabinet Has Cleared A ₹10,000 Crore Fund That Buys Equity In SMEs
Equity, not credit, which is the point and also the difficulty. Indian SMEs have spent decades preferring loans precisely because loans do not dilute.
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POLICY
OpenAI Scrapped A Model For Overstepping,…
StartupFox
OpenAI Scrapped A Model For Overstepping, Then Launched Always-On Agents A Day Later
The two decisions are not in conflict, and read together they show where the industry thinks the risk sits, and where it does not.
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POLICY
Reliance Has Announced ₹1 Trillion For…
StartupFox
Reliance Has Announced ₹1 Trillion For Andhra Biogas, Without A Timeline
The hard part of compressed biogas is collecting feedstock from thousands of villages, not building plants. That is where the detail is missing.
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POLICY
Chandrasekaran's Family Firm Has TVS Deals…
StartupFox
Chandrasekaran's Family Firm Has TVS Deals The Tata Sons Board Was Not Told About
Hanno is not a related party of TVS under Indian law. The question is the Tata Code of Conduct, which the group wrote to set a higher bar than the statute.
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POLICY
Google Has Put Four AI Chips…
StartupFox
Google Has Put Four AI Chips In Orbit To Find Out If They Survive
The chips run in 15-minute bursts. Google's own paper puts the launch economics at 1,800 Starship flights before any of this competes with a building.
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POLICY
UPI Processed 24.07 Billion Transactions In…
StartupFox
UPI Processed 24.07 Billion Transactions In September, Two Weeks Before It Starts Charging
The monthly decline is a calendar artefact. Daily volumes rose, and this is the last clean month before MDR starts on 15 October.
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FINTECH
IRDAI's Public Insurance Registry Consultation Closes…
StartupFox
IRDAI's Public Insurance Registry Consultation Closes Today
It is the quieter of IRDAI's two open consultations, and for distribution businesses it may be the more consequential one.
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POLICY
TakeMe2Space Will Fly Two Orbital Data…
StartupFox
TakeMe2Space Will Fly Two Orbital Data Centre Satellites On A Falcon 9 In 2028
Two satellites at 1.5 kilowatts each will not replace a data centre. What they could replace is the ground station.
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SAAS & TECH
The ED Has Attached ₹442 Crore…
StartupFox
The ED Has Attached ₹442 Crore More In The Gameskraft Case, Taking The Total To ₹2,843 Crore
The attached property sits with family members and private trusts rather than the company. That reflects the shape of what the agency alleges.
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POLICY
The Supreme Court Won't Stay The…
StartupFox
The Supreme Court Won't Stay The UPI MDR Rollout, But Wants To Know What The Charge Is
The court let the 15 October date stand but asked the government to explain, on affidavit, what the charge legally is.
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SAAS & TECH
The Government Asked Tata Whether Its…
StartupFox
The Government Asked Tata Whether Its $14 Billion Chip Plans Survive The Boardroom Fight
The fab's schedule does not depend on who chairs Tata Sons. It depends on whether Tata Sons can keep funding it, which is what the dispute is partly about.
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POLICY
IRDAI Has Proposed Capping Insurance Commissions,…
StartupFox
IRDAI Has Proposed Capping Insurance Commissions, And PB Fintech Fell 36%
Expense caps free up money for insurers while capping what distributors can earn. ICICI Lombard rose 5 per cent on the same day Turtlemint hit its floor.
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POLICY
PayGlocal Has IFSCA Approval For A…
StartupFox
PayGlocal Has IFSCA Approval For A GIFT City Payments Subsidiary
It already holds an RBI cross-border aggregator licence and a US FinCEN registration. The GIFT City unit makes three regulated jurisdictions.
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Adani Puts ₹2 Crore Into Durga Puja, Aimed at the Artists Rather Than the Banners
Eight committees will receive ₹25 lakh each, with a preview tour from 10 to 12 October. The money is aimed at the making rather than the visibility.
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SAAS & TECH
Fujifilm Will Invest ₹800 Crore In…
StartupFox
Fujifilm Will Invest ₹800 Crore In A Chip Materials Plant Beside Tata's Dholera Fab
A fab cannot run on imported chemicals indefinitely. The plant is phased, with the first stage due in 2028, and Fujifilm will train Indian chemical suppliers alongside.
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SAAS & TECH
Scotland Now Requires Environmental Assessment For…
StartupFox
Scotland Now Requires Environmental Assessment For Every Data Centre Above 50MW
Assessing applications one by one will not answer whether the country has generation for all of them, which is what the moratorium campaign is actually asking.
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SAAS & TECH
The EU Wants Under-15s Off Social…
StartupFox
The EU Wants Under-15s Off Social Media And AI Chatbots
Age verification would apply to everyone, since a platform cannot confirm a user is over 15 without checking. Platforms would also fund the regulator supervising them.
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POLICY
A ₹11 IV Set Billed At…
StartupFox
A ₹11 IV Set Billed At ₹325 Lands On Someone's Health Insurance Claim
The markups are the contested line in Indian health claims. Insurers have the data to see them and have lacked the regulatory basis to refuse them.
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POLICY
Four Indian Startups Join Google DeepMind's…
StartupFox
Four Indian Startups Join Google DeepMind's First AI For The Planet Cohort
Three of the four sell verified environmental outcomes rather than software. The AI is there to make the claim auditable.
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Beijan's Founders Are Still in College. Its Software Is Already With Southern Command.
Both founders are still at BITS Pilani. Their swarm ground station software is already running with Indian Army formations, and eight military units have issued letters of intent.
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QNu Labs Raises ₹200 Crore, More Than Its Entire First Decade Combined
This single round is larger than everything QNu raised in its first decade. Its largest backer also sets the 2029 deadline that creates its market.
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Krafton Pledges Another $250M to India, Which Has Banned Its Flagship Game Twice
The new money targets AI, robotics and deep tech rather than games. Delhi switched off PUBG Mobile in 2020 and BGMI in 2022.
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TCS Plans a 1 GW AI Campus in Hyderabad, Roughly India's Entire Existing Capacity
HyperVault has 264 acres and a ₹70,000 crore figure. It also has about ₹18,000 crore actually committed, and a build phased against customers who do not yet exist.
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SAAS & TECH
Meta Will Cap Teen Use At…
StartupFox
Meta Will Cap Teen Use At Two Hours A Day Under An $18 Billion Settlement
The deal blocks the apps overnight, hides likes on teen accounts and bans cosmetic filters. About $5.3 billion of it is contingent on TikTok and YouTube matching.
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POLICY
Maharashtra FDA Suspends Blinkit's Akola Licence…
StartupFox
Maharashtra FDA Suspends Blinkit's Akola Licence After Re-Inspection Found Faults Unfixed
A 12 August inspection produced an improvement notice. Blink Commerce filed a compliance report. The re-inspection found the problems still there.
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