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Govt seeks source code access from smartphone firms
Financial Express Mumbai
|January 12, 2026
THE GOVERNMENT HAS proposed requiring smartphone makers to share source code with it and make several software changes as part of a raft of security measures, prompting behind-the-scenes opposition from giants like Apple and Samsung.
The tech companies have countered that the package of 83 security standards, which would also include a requirement to alert the government to major software updates, lacks any global precedent and risks revealing proprietary details, according to four people familiar with the discussions and a Reuters' review of confidential government and industry documents.
The plan is part of Prime Minister Narendra Modi's efforts to boost security of user data as online fraud and data breaches increase in the world's secondlargest smartphone market, with nearly 750 million phones.
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Financial Express Mumbai
Gen Z is full of creativity: PM
PRIME MINISTER NARENDRA Modi on Monday said India's Gen Z is full of creativity and with innovative ideas, energy and purpose, the country's youth is at the forefront of nation-building.
1 min
January 13, 2026
Financial Express Mumbai
Lemon Tree: Restructuring gains
EYES CAGR OF 11% IN REVENUE, 13% IN EBITDA, 26% IN PAT OVER FY25-28
2 mins
January 13, 2026
Financial Express Mumbai
Capex budget may rise to ₹12.5Lcr
Counter-cyclical step amid external headwinds, particularly US tariffs
2 mins
January 13, 2026
Financial Express Mumbai
Retail inflation rises to 1.33% in December
INFLATION, MEASURED BY the consumer price index (CPI), rose to 1.33% in December from a series low of 0.25% in October and 0.71% in November, largely on account of narrowing of food deflation and waning of a favourable base.
1 mins
January 13, 2026
Financial Express Mumbai
Deutsche's India biz gets Kotak, Federal bids
DEUTSCHE BANK'S INDIA retail assets and wealth management have drawn binding bids from Kotak Mahindra Bank and Federal Bank, according to people familiar with the matter, as the local lenders pounce on opportunities from foreign players seeking to exit the crowded banking market.
1 mins
January 13, 2026
Financial Express Mumbai
UK investigates X over Grok deepfake concerns
UK REGULATORS HAVE opened a probe into Elon Musk's X as backlash mounts worldwide over the thousands of sexually suggestive images generated by the artificial intelligence tool Grok on the social media platform.
1 min
January 13, 2026
Financial Express Mumbai
Gold and silver storm to records
GOLD AND SILVER climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over the central bank's independence.
1 min
January 13, 2026
Financial Express Mumbai
Labour Code impact drags TCS, HCLTech profits in Q3
Revenue growth remains steady
2 mins
January 13, 2026
Financial Express Mumbai
Gaurav Munjal to stay at the helm of Unacademy
Munjal will continue to lead the edtech company as group chief executive, ending months of speculation over a potential leadership transition at the SoftBank-backed test preparation firm, people familiar with the matter told FE.
2 mins
January 13, 2026
Financial Express Mumbai
Powell vows to stand firm amid DOJ criminal probe
TRUMP DENIES HAVING ANY KNOWLEDGE OF THE INVESTIGATION
1 min
January 13, 2026
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