💻 Simplismart, an Nvidia-backed Bengaluru #AI startup, raised a $14M Series B led by Dallas Venture Capital.

🏗️ Their software optimizes open-weight models (Gemma, Qwen, DeepSeek) for speed and cost.

🎯 Funds will expand the AI inference platform, GPU scheduling, and global operations.

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A new organisation named RSS  Friends has registered as a foreign agent representing the Rashtriya Swayamsevak Sangh with the US Department of Justice

This despite the RSS’ previous assertions that it does not lobby in the US

Read more

💻 Rashi Peripherals and Japan’s Restar Corp form a new Joint Venture: 74% Rashi, 26% Restar.

📍 Headquartered in Bengaluru, operational since October.

🔬 Dedicated engineering lab for prototype and field development.

🎯 Focus: Semiconductor distribution and image-sensing tech for automotive, robotics, electronics, and smart cities.

📈 Restar transfers technical capabilities to scale portfolio from 75 to 2,000+ items, hiring 50+ local Field Application Engineers.

#Semiconductor #Jobs

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Govt Notifies Telecom Regulatory Sandbox Rules, 2026

Effective Oct 21 via Gazette notification. Allows testing of emerging tech, services, products, and business models in a controlled environment.

Framework: Govt may initiate sandbox suo motu or approve proposals from startups, companies, researchers, and individuals. #Telecom #Policy

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KLA Corporation, evaluates manufacturing foray into India. Company holds R&D operations in Chennai and considers 1-2 applications under ISM 2.0 for equipment, technology and assembly. #Semiconductor

Government is considering a hardware-enforced security checkpoint for foreign satcom traffic. Starlink will need to route traffic through a dedicated appliance/hardware layer installed at the subscriber's end or gateway. #Space

New Delhi’s Air Force Race Course golf club closed indefinitely as Govt seeks to reclaim land. #Policy

⚡ Engie to invest €3b (~₹26,000 cr) in India by 2030.

📍 Triple portfolio from ~2 GW to 7 GW(operating + under construction); add ~1 GW annually. Elevates India to a leading market alongside France, UK, Belgium, and Brazil.
🎯 Focus: Renewable #energy, #battery energy storage systems (BESS), and data centres.

🚨 JUST IN: #AI Assisted Cyberattacks have siphoned from India's smaller NBFCs an estimated ₹300 crore in just 2 months.😯

Nearly 150 complaints or FIRs have been filed, according to The Economic Times. #cybersecurity #Economy

🧵 Thiagarajar Mills Group & Euro Textiles GmbH launch ₹100-cr JV in Tamil Nadu. 🏭 Produces premium 100% cotton jacquard fabrics for export.

📈 Phase 1: 3 mn m/yr; Phase 2: 6 mn m/yr. Features 48 air-jet looms with jacquard tech. Production starts in 8 months. Thiagarajar holds majority stake, supplies yarn, and #exports grey fabric to Germany. #Textiles

🚗 Himadri invests ₹500 crore to modernize its Odisha factory for EV-ready passenger radial tyres.

🔋 Associate Sicona invests $10.3 million over five years in New Orleans to commercialize silicon-carbon anode tech using its acquired Advano assets.

💰 Sicona also secured an AUD 45 million Australian government grant for anode technology commercialization. #Automobile #Batteries

In a first, a recently passed-out batch of IPS officers will be attached to the Union Home Ministry before proceeding on probation and subsequent posting in their respective cadres, officials said on Wednesday. #Policy

https://theprint.in/india/new-batch-of-ips-officers-to-be-attached-with-mha-before-probation/3084602/

🚀 India's first zinc tailings recycling plant at Rampura Agucha enters implementation

| 💰 ₹3,823 cr project moves to active execution, 2-year timeline for 10 MTPA facility
| 💎 Germanium recovery as primary target alongside zinc & silver via hydro-mining + chemical processes
| 📉 HZL costs down to $825-850/tonne, Zinc Park Rajasthan to boost downstream
#Mining

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Hero Future Energies plans ₹4,000 cr green hydrogen expansion by FY30. Focus: hybrid/storage/RTC + solar/wind, decarbonizing steel/cement/refining. Evaluating 50 MW electrolyser, 250 MW hybrid RE, and 2-3 green hydrogen projects (incl. IIT and Rockman Industries Tirupati). #Energy

Indigo flights to and from Riyadh, Jeddah, Dammam and Madinah, Saudi Arabia will remain cancelled until 14 November 2026.

#Aviation

Minister of Commerce for India, Piyush Goyal says that the US Trade deal is almost final and he has the courage to say India will be at a competitive advantage!!

#Trade

🚀 Sovereign AI Infra: Govt to own & run GPUs on-premises for key sectors

| 🛸 Centre to map critical sectors & data by security levels, sensitive like defence to be 100% state-owned, run & air-gapped
| 👁️ Other sectors via managed service model - state owns hardware, private firms operate on govt premises
| 🎯 Move to control full #AI stack amid complex geopolitics, build high-density GPU clusters & LLMs for govt ops, fix lack of in-house tech expertise #Security