Major Headlines
Samsung launches Galaxy M17 5G in India
Samsung is unveiling its Galaxy M17 5G today, featuring a 6.7-inch AMOLED display, Exynos 1330 processor, and a 50MP OIS camera, targeting the mid-range market in India.
Indian tech’s global impact
At the Global Fintech Festival 2025, Prime Minister Modi praised India’s digital transaction technologies as a hopeful example for emerging economies in the Global South.
Government backs startups, tech innovation
India’s IT ministry is accelerating support for deep tech and startup innovation, with over 120 unicorns generating a combined valuation surpassing $354 billion.
MapmyIndia and PLI smartphone requirements
Government endorsements have caused a tenfold increase in MapmyIndia app downloads, and proposals are circulating to make Mappls navigation mandatory in all PLI scheme smartphones.
Industry Updates
Flipkart refocuses business
Flipkart is divesting ₹2,400 crore in investments from several startups, concentrating on its primary business and preparing for its IPO.
Meta and Google’s subsea cable expansion
Meta (Facebook’s parent) and Google are deploying subsea data cables to Mumbai and Vizag, improving connectivity. Sify Technologies has been chosen as the landing partner in India.
Dassault’s India expansion
Dassault is planning a new Pune unit, aiming for $1 billion in annual revenue and increased headcount.
Financial & Startup News
TCS Q2 Results
TCS reported a 1.4% increase in profit and 2.4% in revenue for the September quarter. The company also announced a $6.5 billion investment into a 1-GW data center.
Nvidia-backed Reflection AI funding
Reflection AI, supported by Nvidia, raised $2 billion, boosting its valuation to $8 billion.
OrbitAID wins Indo-Australian space grant
Chennai-based OrbitAID is set to deploy India’s first in-orbit refueling system aboard a 2026 international joint space mission.
Product & Policy Developments
Snapchat rolls out paid Memories plans
Snapchat introduces paid storage plans, with free users getting 5GB and paid tiers up to 5TB. Excess Memories are kept for 12 months for download.
Spotify investigated in Turkey
The Turkish antitrust authority has launched a probe into Spotify’s algorithms and pricing policies.
AI & Creator Tools
Gemini Nano Banana AI photo studio for Karwa Chauth
Google’s Gemini Nano Banana AI Studio now lets users create Karwa Chauth-themed portraits with festive elements and moonlit settings.
Tech Leadership
Former UK PM Sunak joins Microsoft, Anthropic
Rishi Sunak takes up advisory roles at Microsoft and AI leader Anthropic, with his salary supporting his charity work.
These stories reflect today’s trends in devices, AI, startup funding, and global tech leadership, especially in the Indian and international landscape.
