Maharashtra’s Chief Minister, Devendra Fadnavis, outlined the state’s ambitious infrastructure plans, emphasizing key projects like the USD 15 billion Mumbai-Ahmedabad bullet train and a significant push for international funding. Set to become operational by 2028, the bullet train is poised to enhance connectivity between two of India’s major cities. Fadnavis also outlined plans for raising USD 50 billion from international financiers for broader infrastructure development.

Eugene Kaspersky, the cybersecurity pioneer and founder of Kaspersky Lab, has issued a grave warning about the growing threat of cybercriminals leveraging artificial intelligence (AI) to outpace defenders in the digital arena. Kaspersky highlighted that AI is enabling cyber attackers to innovate and collaborate at unprecedented speeds, making it increasingly difficult for traditional security measures to keep up.

UCO Bank has posted impressive financial results for the quarter ending March 31, 2025, with a nearly 24% year-on-year increase in consolidated net profit, amounting to Rs 665.72 crore. The state-owned lender also reported an uptick in total income and improved asset quality, as reflected in the reduction of non-performing assets (NPAs). This performance is underpinned by strong growth in advances and deposits, particularly in retail, agriculture, and MSME portfolios. UCO Bank’s full-year results for FY25 also showed a significant profit increase.

Dr. Reddy's Laboratories has extended its partnership with Sanofi Healthcare to introduce Beyfortus, a novel drug aimed at preventing lower respiratory tract disease (LRTD) in newborns caused by the respiratory syncytial virus (RSV). The Hyderabad-based pharmaceutical company will have exclusive rights to promote and distribute the drug in India. Beyfortus, a monoclonal antibody-based prefilled injection, is already approved in various global markets and is expected to launch in India by the second quarter of FY25. This collaboration marks a significant step for Dr.

Colab Platforms Ltd has launched a Rs 25 crore Sports-Tech Growth Accelerator Programme aimed at identifying, supporting, and scaling early-stage startups across critical areas of sports innovation. The program, established under Colab’s new Sports Innovation Division, will focus on areas such as performance technology, esports, fan engagement, and athlete development. By offering both capital and access to a robust ecosystem, Colab seeks to empower entrepreneurs to revolutionize the sports industry.

CtrlS Datacenters is set to make a significant mark in India’s digital infrastructure by investing Rs 500 crore in a new greenfield data centre in Bhopal, Madhya Pradesh. The facility, which will be constructed in the Badwai IT Park, aims to support high-performance cloud computing, AI, and data processing applications. The investment will not only generate over 200 local jobs but is also poised to bolster the region's digital ecosystem.

India's ability to remain competitive despite the global tariff environment is a testament to its growing economic stature, according to Union Minister Jyotiraditya Scindia. In a recent interview, Scindia emphasized that India's vast domestic market, scale advantages, and focus on innovation will continue to drive its competitiveness. The country is not only resilient in the face of rising tariffs but is also poised to become the third-largest economy globally by 2028.

FlixBus, a prominent intercity e-mobility services provider, has signed a strategic partnership with Vertelo, a fleet electrification solutions platform, to deploy 500 electric intercity coach buses across India. This collaboration will focus on integrating eco-friendly mobility solutions into India’s growing transportation sector. Vertelo will provide customized financing, leasing options, and charging infrastructure, while FlixBus will leverage its extensive network to manage demand generation for electric routes.

Embassy Office Parks REIT, India’s first publicly listed real estate investment trust, has successfully raised Rs 675 crore through the issuance of commercial papers. This strategic move will allow the company to repay existing debt and meet its working capital requirements. The commercial papers, carrying a yield of 7.075%, will be listed on the Wholesale Debt Market Segment of the BSE Ltd.