Time ripe to have 1st Indian defence unicorn soon: Rajnath Singh

IANS | October 7, 2025 3:25 PM

New Delhi, Oct 7 (IANS) Defence capital acquisitions have increased from Rs 74,000 crore in FY21-22 to Rs. 1.2 lakh crore in FY24-25, Defence Minister Rajnath Singh said on Tuesday, adding that the time is ripe to have the first defence unicorn (a startup with a valuation of $1 billion and above) of the country soon.

InGovern flags legal, financial concerns with WeWork India amid firm’s sluggish IPO response

IANS | October 7, 2025 2:02 PM

Mumbai, Oct 7 (IANS) Workspace solutions provider WeWork India Management Limited is facing a muted investor response for its Rs 3,000-crore initial public offering (IPO), amid concerns raised by governance advisory firm InGovern Research Services Private over its weak financials, legal troubles involving promoters, and heavy reliance on the WeWork Global brand.

AI has moved from margins to mainstream: NPCI's Ajay Kumar Choudhary

IANS | October 7, 2025 1:09 PM

Mumbai, Oct 7 (IANS) Artificial Intelligence (AI) is no longer a futuristic concept but has become a central force in reshaping financial services, Ajay Kumar Choudhary, Non-Executive Chairman and Independent Director of the National Payments Corporation of India (NPCI), said on Tuesday.