TECHNOLOGY LEADERSHIP
US Stock Market Top Gainers: Robinhood, AppLovin, Quantumscape lead Wall Street rally as Nasdaq, S&P hit record highs
US stocks surged today, with Nasdaq and S&P 500 hitting record highs while the Dow remained steady. Wall Street saw strong buying in tech, AI, and energy sectors, led by Robinhood (HOOD), AppLovin (APP), and Quantumscape (QS).
Hero MotoCorp names Harshavardhan Chitale as CEO effective Jan 2026
Hero MotoCorp on Monday appointed Harshavardhan Chitale as CEO effective January 5, 2026, succeeding acting CEO Vikram Kasbekar. Chitale, an IIT Delhi alumnus and former global CEO at Signify’s professional business, has also held senior roles at Philips Lighting India, HCL Infosystems and Honeywell.
PM Modi to inaugurate 3-day armed forces' combined commanders' conference in Kolkata on September 15
Prime Minister Narendra Modi is set to inaugurate a three-day combined commanders' conference of the armed forces in Kolkata on September 15. The conference, centered around the theme 'Year of Reforms - Transforming for the Future', will address reforms, transformation, operational preparedness, and technological modernization.
IESA hails GST 2.0, terms it a step forward to meet India's energy storage needs
India Energy Storage Alliance welcomes the new GST 2.0. It sees it as a significant step for India's energy storage needs. The GST Council has accepted key IESA recommendations. It streamlines tax rates for advanced batteries to 18 percent. Some recommendations are still under review. IESA advocates for continued engagement to support domestic manufacturing and clean energy transition.
Venture Catalysts raises Rs 150 crore in mix of primary, secondary transactions
Venture Catalysts has raised Rs 150 crore through a mix of primary and secondary shares, valuing it at $200 million. The funds will help expand teams, launch new funds, and develop AI tools. New investors include Ashish Kacholia, Shah Rukh Khan’s family office, and Aishwarya Rai.
Karnataka approves 6-acre Quantum City near Bengaluru
This comes a month after the state hosted the "Quantum India Bengaluru" conference, attended by Nobel laureates and leading scientists, as the state seeks to establish a lead in quantum technology.
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Alibaba leads $140 million funding round in X Square Robot
The Hangzhou-based company has said it plans to spend $53 billion on AI infrastructure over three years in a major pivot. Artificial intelligence advancements promise to usher in a new generation of smarter robotics, and Beijing has made developing that sector a national priority.
Hero MotoCorp appoints Harshavardhan Chitale as CEO
Hero MotoCorp has a new Chief Executive Officer. Harshavardhan Chitale is the new CEO. He has over three decades of global leadership experience. Chitale previously served as Global CEO of Signify’s Professional Business. Vikram Kasbekar, the Acting CEO, will remain on the board. He will serve as Executive Director and Chief Technology Officer.
Hyundai's eVTOL startup Supernal pauses work following executive departures: Report
Supernal announced the departure of CEO Jaiwon Shin late last week. David McBride, the CTO, has also left, the report said, citing people familiar with the matter.
General counsels step up as strategic leaders in India Inc
The role of general counsel in corporate India is evolving beyond traditional legal functions. Lawyers are increasingly taking on operational mandates, becoming business unit heads, COOs, and CEOs. This shift reflects a growing recognition of legal expertise as central to business strategy, driven by complex regulations and risk management needs.
Why did Elon Musk not attend Trump's dinner with high-profile tech CEOs? Tesla CEO has this to say
President Trump held a big White House dinner with top tech CEOs to talk about AI and U.S. investments. Leaders like Mark Zuckerberg, Tim Cook, and Bill Gates joined the event. Elon Musk was missing, saying he could not attend. The meeting showed how Silicon Valley is now working more closely with Trump’s administration.
Who will make the most money from AI? Facebook executive turned venture capitalist Chamath Palihapitiya’s fascinating prediction resurfaces
Venture capitalist Chamath Palihapitiya’s 2023 iConnections talk has resurfaced, drawing attention to who will profit most from AI. Comparing AI to refrigeration, he suggested that while many can build similar models, true wealth will come to companies that find unique ways to leverage the technology. Founder of Social Capital and former Facebook executive, Palihapitiya highlights that innovation and strategic application, rather than invention alone, will shape the next generation of industry giants.
Tesla offers landmark $1 TRILLION Elon Musk pay package — how will Wall Street react to the world’s first trillionaire CEO?
Tesla has proposed a historic $1 trillion performance-based pay package for CEO Elon Musk, tying his compensation to ambitious goals that could reshape the company’s future. The plan links Musk’s rewards to hitting record vehicle production, achieving massive market growth, and pioneering breakthroughs in autonomous driving and robotics.
At White House dinner, Trump lauds Nadella, Pichai amid praises from executives
Trump hosted a power-packed cohort of technology executives for dinner at the White House on Thursday, saying the "high IQ group" is leading a revolution in business.
DHL Group launches IT Services centre in Indore
The Indore centre, besides supporting global projects, will also serve as DHL ITS' first dedicated technology training academy in India, equipping employees with skills in digital technologies, automation, AI, and leadership, DHL Group said.
'Nothing' to open first store in India this year, starts exporting 'Made in India' smartphones
Nothing Co-Founder Akis Evangelidis announced the opening of its first flagship store in India this year, while sub-brand CMF establishes its global headquarters in the country. The company's Phone (3) is now manufactured and exported from India, marking a shift towards building from India to the world. CMF's Global Marketing function has also moved to India.
Definitely a high IQ group: Trump hosts tech CEOs, including Sundar Pichai, Satya Nadella, at White House
Former US President Donald Trump hosted top tech leaders including Satya Nadella, Sundar Pichai, and Tim Cook at the White House, praising their innovation and investments. Discussions centred on AI, education, and economic growth, with executives highlighting significant US investments. Trump lauded their contributions to American technology and global trust.
Indian-American NASA veteran named US space agency's associate administrator
Indian-American Amit Kshatriya has been appointed NASA’s new exploration-focused associate administrator, becoming the agency’s top civil servant. A 20-year NASA veteran, Kshatriya will oversee Moon-to-Mars missions, including Artemis. Known for leadership in space operations, he will also guide NASA centres and partnerships with the growing US commercial space sector.
Bain Capital, Sattva launch $100 million coliving platform
The new platform will be dedicated to acquiring land, developing flagship communities, and delivering purpose built rental housing across India’s largest urban centers. As part of the partnership, Colive also raised $20 million in strategic funding, spearheaded by Bain Capital.
The MIT xPRO advantage: Future-proofing tech leaders in India’s $300 billion digital economy
Here’s how this program connects to real-world tech leadership needs, and why it’s a great pick for Indian decision-makers who operate in high-growth or transforming environments.
World-class learning, Indian impact: Inside Wharton Executive Education’s Chief Financial Officer Program — India
This blended learning program by a legacy institution is bridging Indian CFO ambitions with unmatched credibility and faculty expertise.
Waaree Energies acquires 64% stake in Kotsons Private Ltd to enter the transformers business
Waaree Energies Limited, India's leading solar module manufacturer, has acquired a 64% stake in Kotsons Private Limited for approximately Rs 192 crores. This strategic move allows Waaree to expand into the transformer business, capitalising on the growing demand driven by renewable energy and infrastructure development. Kotsons' manufacturing capacity will be expanded to meet both domestic and global needs.
As tensions wind down, Sino-Indian tieups put buzziness back in business
Following the recent meeting between Modi and Xi, Indian and Chinese companies are actively pursuing joint ventures in sectors like electronics and automobiles. Haier's stake sale in its Indian subsidiary is gaining momentum, while Dixon Technologies anticipates approvals for joint ventures. The auto sector expects eased import restrictions, fostering a positive sentiment among Chinese companies towards India.
Flipkart appoints ex-Google executive Balaji Thiagarajan as chief technology and product officer
With a career spanning more than 25 years, Thiagarajan has worked across product, platform, and technology in a diverse range of companies, from fast-paced startups to major global enterprises, Flipkart said. The position of CTPO was earlier held by Jeyandran Venugopal until May this year.
Bengaluru professionals look to future-proof their careers in age of AI and tech disruptions: Survey
Bengaluru professionals are proactively upskilling to navigate AI's impact, with 88% planning certificate courses this year. Despite job cuts, 93% see upskilling as crucial, focusing on AI/ML skills like agentic AI and Python. While 64% use GenAI tools, many seek new roles prioritizing work-life balance and job security amid evolving job landscape.
Third round of layoffs, more leadership exits hit Krutrim
Ola's AI venture, Krutrim, has conducted its third round of layoffs, impacting nearly 50 employees in the linguistics team amidst restructuring efforts to build a leaner, agile team. This follows previous layoffs and leadership exits, totaling over 200 departures, as the company develops its Krutrim 3 LLM.
India's semiconductor consumption to rise multifold to $100-120 billion by 2030: L&T Semiconductor Technologies' CEO
India's semiconductor consumption is projected to surge to over USD 120 billion by 2030, driven by increasing demand. To foster domestic production, the ICEA launched a Semiconductor Product Design Leadership Forum, aiming to establish India as a global hub for semiconductor design and innovation.
Stocks in news: Ather Energy, Indian Oil, Torrent Power, BHEL, IndusInd Bank
Markets opened with a muted tone, continuing the corrective phase. Ather Energy introduced a new vehicle platform, while CMS Info Systems secured a contract from IPPB for ATM replacement. Indian Oil's SPRINT project is yielding positive results, and Torrent Power received a LoA for a thermal project in Madhya Pradesh. IndusInd Bank's shareholders rejected the induction of two nominee directors.
AI to shape security of our future: Lt Gen Manoj Katiyar
Lt Gen Manoj Kumar Katiyar emphasised AI's vital role in future warfare at a seminar in Chandimandir, calling it essential for security and defence. He urged military-technological synergy, ethical responsibility, and collaboration with industry and academia to ensure readiness, innovation, and superiority in an increasingly contested global environment.
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