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Big leap for IndiaAI

Financial Express Hyderabad

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April 28, 2025

The swift selection of Sarvam is encouraging but the road ahead is fraught with challenges

The government's selection of Bengaluru-based start-up Sarvam to develop the country's first indigenous large language model (LLM) under the ₹10,370-crore IndiaAI Mission is certainly a commendable step. The announcement regarding the intent to build a home-grown foundational artificial intelligence (AI) model was made in January, and Sarvam's selection from 67 applicants followed within just two to three months. This rapid decision-making reflects a sense of urgency and ambition to position the country as a global AI contender, especially amid the disruptive rise of China's low-cost, open-source DeepSeek model.

The government's investment in 18,693 graphics processing units (GPUs), an AI safety institution, and societal applications in agriculture and education signals a holistic approach. By fostering local talent and infrastructure, the government is laying the foundation for technological sovereignty. This initiative not only advances AI innovation but also heralds the country's transition from a service-driven to a product-driven nation. While monetisation and global competitiveness remain daunting, a strong beginning has been made.

MEER VERHALEN VAN Financial Express Hyderabad

Financial Express Hyderabad

Career capital is new corporate currency

WHILE THE ERUDITUS GROUP recently made headlines for facilitating the entry of seven global universities into India - including the University of Bristol and UNSW - the company’s internal roadmap reveals a deeper shift.

time to read

2 mins

February 23, 2026

Financial Express Hyderabad

VCs play the waiting game, sit on $10 bn

EVEN AS VENTURE capital flows into startups pick up, more than $10 billion in committed capital is still sitting on the sidelines. The paradox underscores a shift in investor behaviour rather than a funding slowdown.

time to read

1 min

February 23, 2026

Financial Express Hyderabad

Jewar airport asked to clear telecom RoW

THE DEPARTMENT OF Telecommunications (DoT) has informed Yamuna International Airport Private Limited (YIAPL), operator of the upcoming Noida International Airport at Jewar, that it qualifies as a “public entity” under the Telecommunications Act, 2023, and must process Right of Way (RoW) applications from telecom service providers in accordance with the law.

time to read

1 min

February 23, 2026

Financial Express Hyderabad

Funding commitment of $5 bn likely by March '27'

KKR-backed independent power producer (IPP) Serentica Renewables & Resonia plans to double its capacity by FY27 and is looking to produce 50 billion units of clean energy annually by FY30.

time to read

2 mins

February 23, 2026

Financial Express Hyderabad

Proptech startups win over investors with scalable models

IF INVESTORS ARE paying attention to proptech startups, it’s because India’s digital rails and better execution talent has made it possible to build scalable, high-trust workflows in a category where trust and outcomes matter.

time to read

2 mins

February 23, 2026

Financial Express Hyderabad

Hero rides beyond 'Fill it, Shut it, Forget it'

SHIFTING FROM EFFICIENCY KING TO SAFETY PIONEER

time to read

1 mins

February 23, 2026

Financial Express Hyderabad

Why BITS Pilani withdrew from THE Rankings

THIS FOLLOWS SIMILAR MOVES BY SORBONNE, UTRECHT, ZURICH, AND SIX TOP IITS

time to read

2 mins

February 23, 2026

Financial Express Hyderabad

MAT revamp prompts firms to rejig tax planning

SHORT-TERM TAX OUTGO MAY RISE FOR MANY COMPANIES

time to read

2 mins

February 23, 2026

Financial Express Hyderabad

Easing cycle may continue as reforms lift growth'

MPC member Ram Singh tells Kshipra Petkar why India can sustain growth above 7.5% without triggering inflation. Citing structural reforms, rising productivity, and subdued price pressures, he argues that potential growth has increased, the output gap may still be negative, and the easing cycle is not yet over. Excerpts:

time to read

1 mins

February 23, 2026

Financial Express Hyderabad

Wikipedia’s evolving role in an AI world

WIKIPEDIA CO-FOUNDER JIMMY

time to read

1 mins

February 23, 2026

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