From algorithms to unicorn ambitions: The AI scale blueprint for India's startups to be unveiled at ET Soonicorns Summit 2025
India boasts 121 unicorns, ranking third globally in startup ecosystems. The ET Soonicorns Summit 2025 in Bengaluru will explore AI's role in scaling soonicorns to unicorn status. Discussions will cover AI investments, building Indian LLMs, the future of jobs, and ethical considerations, offering a roadmap for AI-driven startups.
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Business Standard
27 minutes ago
- Business Standard
UK cos can offer telecom services in India without local office under CETA
Companies from the UK will be able to offer services in sectors such as telecom, and construction in India without setting up a local presence, under the free trade agreement signed between the two countries. The British firms will be treated on par with Indian firms. The Comprehensive Economic and Trade Agreement (CETA) was signed on July 24 in London. It may take about a year for items implementation as the free trade pact needs approval from the British Parliament. "UK companies can now provide telecom, construction, and related services in India without establishing a local presence, enjoying full national treatment, meaning they will be treated on par with Indian firms," the commerce ministry said. Services is a key chapter in the agreement as both countries are strong in different kinds of services. India enjoys a trade surplus of around $6.6 billion with the UK. The country's services exports stood at $19.8 billion and imports at $13.2 billion. In the agreement, the UK has provided a comprehensive and deep market access in 137 sub-sectors to Indian firms. On the Indian side, commitments have been extended in 108 sub-sectors, granting UK firms access to domains like accounting, auditing, financial services (with FDI capped at 74 per cent), telecom (100 per cent FDI allowed), environmental services, and auxiliary air transport services, it said.
News18
36 minutes ago
- News18
CM Naidu meets Indian High Commissioner in Singapore, investors
Amaravati, Jul 27 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu, as part of his five-day visit to Singapore, met the Indian High Commissioner and several investors on Sunday and showcased the state's vast potential. He said that Andhra Pradesh is the most suitable destination for global investments, highlighting strengths in the green energy, electronics, ports, logistics and manufacturing sectors. 'Andhra Pradesh offers abundant opportunities for investment across multiple sectors," said Naidu in an official release. The CM held talks with Indian High Commissioner Shilpak Ambule, who shared insights into Singapore's achievements in diverse areas, its robust economic growth and the effective public policies being implemented there. Naidu shared details of the state's newly introduced policies, aimed at attracting investments across various sectors. The state has set an ambitious target of producing 160 gigawatts of green energy, he added. He informed the High Commissioner that green hydrogen projects have already been launched in Visakhapatnam (in partnership with NTPC) and Kakinada. Under the India Quantum Mission, Andhra Pradesh is set to establish the country's 'first-ever Quantum Valley' in Amaravati, said Naidu, adding that global tech leader Google is setting up a data center in Visakhapatnam. Highlighting Andhra's industrial potential, the CM said Rayalaseema is ideal for defence and aerospace units and urged support to make the state a gateway for Singaporean investments. Ambule informed the CM that on several sectors, the Singaporean companies are exploring investment opportunities in Andhra Pradesh, including electronics, semiconductor manufacturing, shipbuilding, port operations, data centers and pharmaceuticals. According to the release, major Asia-Pacific firms headquartered in Singapore, including STT (ST Telemedia)–which specialises in digital infrastructure and data centers and Keppel Corporation–which operates in infrastructure, energy, and urban development have shown interest in investing in Andhra Pradesh. Similarly, Equinix, a global leader in data centers and internet connectivity services and PSA International-a port operating company and logistics firms have shown interest in investing in Andhra Pradesh. The meeting also focused on collaboration in fields such as artificial intelligence, startups, medical device research, and academic partnerships between universities in the southern state and Singapore. Andhra Pradesh Education Minister Nara Lokesh shared plans for expanding higher education institutions while Municipal Minister P Narayana presented state's housing schemes, inspired by Singapore's successful public housing model. Later, Naidu met the representatives from Surbana Jurong, a global urban infrastructure company who has shown interest in investing in Andhra Pradesh and invited them to join large-scale housing projects under the state's 'Housing for All" initiative. The CM explained that the state is focusing on infrastructure development projects and highlighted the development of 20 ports and 15 airports, positioning itself as a logistics hub. Similarly, Eversendai Engineering, a Malaysia-based construction firm, has shown interest in investing in Andhra Pradesh after its chairman Tan Sri Dato' AK Nathan met Naidu. They discussed plans to set up a state-of-the-art manufacturing factory and integrated training center in the state, with Visakhapatnam or Krishnapatnam shortlisted as possible locations. The proposed factory, spread over two lakh square meters, will aid nationwide product distribution, boost industrial growth, and create large-scale employment opportunities across Andhra Pradesh's emerging industrial zones, said the release. Eversendai also expressed interest in Amaravati's infrastructure projects and proposed a structural engineering training center with IIT Tirupati and IIIT Sri City as knowledge partners. PTI MS GDK KH view comments First Published: July 27, 2025, 22:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Indian Express
an hour ago
- Indian Express
Roshanara Club with revamped sport facilities, wellness and banquet areas, opens its doors after almost 2 years
After being closed for renovation for nearly two years, the century-old Roshanara Club reopened its doors to the residents of the Capital on Sunday. Renovated and restored by the Delhi Development Authority (DDA), the heritage club now boasts of revamped sport facilities as well as modern wellness and banquet areas, among others. The club, spread across 22 acres, was taken over by the DDA for renovation on September 29, 2023. This was after L-G V K Saxena – in his maiden visit to the club on January 12, 2023 – noticed that the 'majestic structure was lying in a dilapidated state with poor maintenance with a crumbling facade', the DDA said in a statement. Saxena, who unveiled the revamped club, said, 'It is a big moment for us, as this heritage club has been restored and relaunched. I congratulate the people of Delhi on this occasion. Delhi is a city of heritage and in the last three years, a number of heritage (sites) have been restored and we are committed towards (restoring) more in the future.' The club was established on August 15, 1922 as an elite recreational and social retreat for the Britishers residing in the area around present-day Delhi University and Civil Lines. It was named after Begum Roshanara, the daughter of Mughal Emperor Shah Jahan, who was buried in the neighbouring Roshanara Bagh. The club is considered the birthplace of the Board of Control for Cricket in India, which was formed in 1928 when Indian cricket administrators gathered at Roshanara Club. 'Particular attention was given to the preservation of the club's architectural legacy. The century-old façade, including the European-style doors and windows, Mangalore-tiled roof, and intricate wooden trusses, have all been carefully restored. Antique chandeliers and original furnishings were refurbished and reupholstered to revive their classic charm,' the DDA said in its statement. It added that indoor facilities at the club now include a main lounge, card and billiards rooms, banquet area, bar and dining hall, library, gym, squash and badminton courts, a swimming pool, and a wellness area with yoga, sauna, and steam rooms. Outdoor amenities include clay, grass, and synthetic tennis courts, cricket grounds, a mini football zone, basketball area, and a jogging track. The DDA said civil works involved anti-termite treatment, waterproofing, marble polishing, wooden flooring repairs, and renovations to sanitary facilities. Important upgrades were made to the squash and badminton courts, swimming pool, and various places in the club house building. While electrical systems were overhauled, AC cooling was enhanced by providing requisite units, ducting and wiring were concealed, and damaged fittings, switches and light fixtures were replaced. Chandni Chowk BJP MP Praveen Khandelwal, Model Town BJP MLA Ashok Goel, DDA Vice Chairman N Saravana Kumar, and senior officials also attended the launch. Devansh Mittal is a trainee correspondent with The Indian Express. He studied political science at Ashoka University. He can be reached at ... Read More
