Jessica Rajan
Square Yards is preparing to launch a $200-$300 million IPO over the next financial year, Mint reported. The real estate technology firm is targeting a $2 billion valuation. The IPO is likely to comprise a mix of fresh shares and an offer for sale. It is in talks with Axis Capital, JPMorgan and BofA Securities for the listing.
Jun 28th, 2026

Vaishnavi Mishra
Ather Energy CEO Tarun Mehta said design will be one of the bigger differentiators for technology companies over the next decade. "Not because products need to look better. But because design is what makes complex technology feel simple and intuitive," Mehta said. "As brands and product companies bloom in India in the coming decade…we will see…design renaissance," he added.
Jun 28th, 2026

Jessica Rajan
Google has restricted Meta's access to its Gemini AI models after the social media company requested more computing capacity than Google could provide, the Financial Times reported. The shortage disrupted and delayed some of Meta's internal AI projects. Meta has since urged employees to use AI tokens more efficiently to manage the limited capacity.
Jun 28th, 2026

Vaishnavi Mishra
Xiaoyin Qu, a former Meta employee and founder of startup Tycoon AI, accused Anthropic's Claude of allegedly charging extra usage fees automatically once the feature is enabled, even when standard plan quota remains available. "This is pure evil, Claude. Not cool," Xiaoyin said. "That sounds like a bug, not intentional," an X user replied to her claims.
Jun 28th, 2026

Jessica Rajan
Private equity (PE) investment in Indian real estate fell 23% year-on-year to $1.13 billion in the first half of 2026, according to Knight Frank India. Despite the overall decline, office assets attracted 89% of total investments. Funding into the office segment jumped 33% to $998 million, driven by GCC demand and income-generating properties.
Jun 28th, 2026

Vaishnavi Mishra
Mumbai police's Economic Offences Wing has issued a Look Out Circular (LOC) against businessman Sudhir Valia in connection with the alleged ₹1,000-crore loan fraud case that also names former Yes Bank CEO Rana Kapoor. The development comes days after the sessions court rejected Valia’s anticipatory bail plea. The case involves the alleged illegal transfer of mortgaged property worth ₹1,000 crore.
Jun 28th, 2026

Jessica Rajan
The Maharashtra government has introduced the Vertical Property Card scheme for owners of flats and commercial units in cities like Mumbai and Pune, according to a Pune Mirror report. It will allow individual apartment owners to be directly recognised in official land records instead of only builders or housing societies. It will give each unit a separate government-recognised property identity.
Jun 28th, 2026

Jessica Rajan
India's semiconductor projects, including Tata Electronics' Dholera fab, could face delays due to disruptions caused by the West Asia conflict, The Economic Times reported. Supply chain bottlenecks have affected availability of speciality gases, chemicals and metals, raising concerns over higher costs. While some disruptions have eased, experts caution that project timelines may be pushed back.
Jun 28th, 2026

Vaishnavi Mishra
BigBasket Co-founder Hari Menon said that he was initially in denial about the idea of quick commerce. "If you'd asked 100 people back then whether they wanted groceries in 10 minutes… most of them would’ve said no. But the moment we gave it…customers lapped it up," he said. Menon has stepped down as CEO of BigBasket after nearly 15 years.
Jun 28th, 2026

Vaishnavi Mishra
Sridhar Vembu said Chennai and Bengaluru land prices rival cities like New York, despite the latter having higher per capita GDP. Vembu linked high prices to corruption in real estate, building approvals, school regulations, and hospital compliance, arguing that these factors have pushed housing, education, healthcare, and consumer goods costs far above levels justified by India's per capita GDP.
Jun 28th, 2026

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