South Korea President Lee looking to open new era of AI in with global tech companies

President Lee delivered a keynote address ​unveiling a "San Francisco AI Declaration" that outlined South ​Korea's AI ambitions and its vision for technological cooperation with the United States. Lee separately met Nvidia CEO ​Jensen Huang, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei and Broadcom CEO Hock Tan, before joining the South Korean government-backed summit ​in San Francisco.

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Flipkart chief rules out IPO timeline; Infosys names new CEO

Happy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in today’s ETtech Morning Dispatch.

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Infosys headcount falls by 532 employees in June quarter

The Bengaluru-headquartered company said it hired over 4,000 college graduates in the just-concluded quarter. Overall, it plans to recruit 20,000 college graduates this fiscal, similar to the previous year.

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CLAT PG 2027 notification released: Registration begins August 3, exam on December 6

The Consortium of National Law Universities has released the CLAT PG 2027 schedule, with registrations set to begin on August 3 and conclude on October 31. The entrance examination for one-year LL.M. admissions and PSU legal recruitment will be held on December 6. Candidates must apply online through the official portal and regularly check for further counselling and admission updates.

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Eternal’s robust Q1; Meta faces content-blocking allegations

Eternal reported a jump in its net profit on the back of Blinkit's improving operating performance. This and more in today’s ETtech Morning Dispatch.

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Teen plaintiff suing Meta over mental health harms drops his claims against company days before trial

The lawsuit, ​brought by a ⁠15-year-old boy ‌known as R.K.C., ​originally ​named four defendants, ⁠Google's YouTube, Meta's Instagram, Snap Inc's ​Snapchat and ByteDance's TikTok, ​but YouTube and TikTok settled in June.

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Bira 91’s Ankur Jain steps down; Data centre safety under review

Happy Wednesday! Bira 91 maker B9 Beverages founder Ankur Jain has stepped down from the board. This and more in today’s ETtech Morning Dispatch.

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OpenAI says AI models went rogue during testing, triggering 'unprecedented' breach at startup

In a ​blog post, OpenAI said it was testing the capabilities of some of its most advanced models in a controlled environment but that the agent managed to escape containment, reach the internet and break into Hugging Face to try to satisfy its testing goal. OpenAI's disclosure ​that its advanced ​models were responsible for the breach, despite having placed them in what it described ⁠as "a highly isolated environment," will likely intensify disquiet over the power and ​risk of frontier models.

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Quick commerce leverages cart clout to draw higher margins from companies

Quick commerce platforms are increasing demands for higher margins and marketing funds. Consumer goods companies face rising costs for better product visibility and keyword searches. These platforms are now adopting auction-style bidding for marketing activities. This shift pressures companies to invest more for prominent placement and sales. Reliance Retail is renegotiating terms by combining grocery stores and its quick commerce platform.

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MMU ET 2026 results released as online counselling and seat allotment process set to begin

MMU ET 2026 result: Marwar Medical University has declared the MMU ET 2026 result for candidates who appeared in the entrance examination on July 3, 2026. Scorecards are available through the official candidate portal. Online counselling, including choice filling and seat allotment, will begin in the fourth week of July. The admission schedule, registration trends, attendance figures, score benchmarks and university admission framework have also been released for candidates preparing for the next stage.

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Skyroot fuels deeptech fire; Paytm Q1 profit soars

Happy Tuesday! Skyroot Aerospace’s success may unlock fresh funding for India’s spacetech ecosystem. This and more in today’s ETtech Morning Dispatch.

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Skyroot eyes a rocket a month; FIFA final drives delivery apps

Happy Monday! Skyroot is gearing up for more frequent Vikram rocket launches. This and more in today’s ETtech Morning Dispatch.

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Cleartrip bets on non-air expansion for scale, targets early-2027 breakeven

Flipkart-owned Cleartrip plans to diversify its business beyond flights to achieve breakeven by scaling its hotel, train, and bus verticals. Manjari Singhal called Cleartrip India’s second-largest air-bookings player and “fourth-ish” in hotels, but provided no market-share data. She said approaching the leader would take “a couple of years”.

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How ancient Indian knowledge can shape STEM education under NEP 2020

Ancient India’s scientific and technological heritage continues to offer valuable insights for modern education. The article highlights contributions in mathematics, astronomy, medicine, metallurgy, architecture, and environmental stewardship while emphasizing the relevance of Ayurveda, yoga, and sustainable practices in addressing present-day challenges such as lifestyle diseases, mental health, and climate change. It advocates integrating India’s classical scientific traditions with STEM education under NEP 2020 to foster innovation, cultural awareness, ethical values, and sustainable development.

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UGC NET June 2026 answer key expected soon at ugcnet.nta.nic.in; here's what we know so far

UGC NET June 2026 answer key: The National Testing Agency is expected to release the provisional UGC NET June 2026 answer key and response sheets shortly on its official portal. Candidates will be able to download the answer key, question paper and recorded responses using their login credentials and raise objections by paying ?200 per question. The final answer key, prepared after reviewing valid challenges, will determine the results. Nearly 9.94 lakh candidates registered for the examination conducted across 87 subjects.

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NEET UG 2026: OMR row deepens as NTA flags AI-generated sheets, candidates raise fresh claims

The NEET-UG 2026 OMR controversy has intensified as the NTA warned of legal action against candidates submitting fake or AI-generated OMR sheets after finding manipulation in two cases. At the same time, fresh complaints continue to emerge, with candidates alleging mismatches between uploaded OMR sheets and their actual responses, including claims of exchanged or incomplete OMR records. While the OMR challenge window has closed, several candidates are still awaiting the NTA's response and verification.

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Meta, Anthropic in talks for potential $10 billion compute lease deal

Such a deal would help Meta diversify beyond advertising by generating ​revenue from its infrastructure and competing with neocloud firms such as CoreWeave and Nebius, ​as growing adoption of advanced AI tools boosts the need for computing capacity.

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Tata Electronics cyberattack: Mandiant recommendations implemented to prevent future breaches

On June 23 ransomware group World Leaks posted more than 200,000 files to the dark web, including details on projects related to some of the company’s global clients, which include Apple and Tesla. Three days later, it said that the company had launched a probe and had tightened internal security protocols.

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Stable policy push for ISM 2.0; Wipro misses Q1 estimates

Happy Friday! The government is leaning on policy stability, not just subsidies, to drive ISM 2.0. This and more in today’s ETtech Morning Dispatch.

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Re-NEET UG 2026 result declared at neet.nta.nic.in; Aryan Gupta, Panshul Bansal top with 715 marks

The National Testing Agency has announced the NEET UG 2026 examination results today. Over 11.21 lakh candidates successfully qualified for undergraduate medical and dental courses. Aryan Gupta and Panshul Bansal jointly secured the highest score of 715 marks. More than 58 percent of the qualified candidates are women, with top performers aged 17 to 19. Counselling for medical admissions will commence shortly after this result declaration.

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Chinese filing implies DeepSeek valuation of around $52 billion

The stock-exchange filing offers rare public evidence about the pricing and investor lineup of DeepSeek's maiden external fundraising, which the company has never announced. As a private company, DeepSeek ‌has no routine ⁠disclosure ⁠obligations.

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JPMorgan CEO Jamie Dimon says Anthropic's Mythos AI risks are a 'real issue'

Dimon, ‌speaking at ⁠Senator ⁠Dave McCormick's Pennsylvania Defense and Innovation Summit, added that access ​to advanced AI capabilities must be controlled, saying "you're giving ballistic missiles ​to individuals with Mythos."

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MDR on UPI on the cards; Emergent enters unicorn club

The government is mulling restoring MDR on UPI transactions for large merchants. This and more in today’s ETtech Morning Dispatch.

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After SpaceX and China, Agnikul to attempt rocket stage recovery

Agnikul is an end-to-end space transportation company incubated at IIT Madras. It develops the Agnibaan family of configurable small-lift launch vehicles powered by the world's first single-piece 3D-printed semi-cryogenic engine.

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DHSE Kerala Plus One result 2026 likely to be released today at results.hse.kerala.gov.in: Check complete details here

The Directorate of Higher Secondary Education (DHSE), Kerala, is expected to declare the Plus One (Class 11) Result 2026 on July 15. Students can access their scorecards online using their registration number and date of birth. Candidates must secure at least 35 per cent marks to qualify for promotion, while unsuccessful students can appear for the SAY/Improvement examinations.

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E2W startup E3 Electric.Ai raises Rs 100 crore in equity, debt

The funding comprises Rs 75 crore in equity and Rs 25 crore in debt, and more than 80% of the capital has already been disbursed, founder and chief executive P Sanjeev told ET. The company plans to use the proceeds for product engineering and commercialisation of its first scooter.

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Elevation’s new India fund; InsuranceDekho charts D-Street path

Happy Tuesday! Elevation Capital is looking to back early-stage AI startups in India from its newest fund. This and more in today’s ETtech Morning Dispatch.

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NEET UG 2026 recorded responses released at neet.nta.nic.in; NTA opens OMR challenge window after answer key process closes

The National Testing Agency has released the scanned OMR answer sheets and recorded responses for NEET UG 2026 re-examination candidates. Applicants can review their records and raise online objections against recorded responses until 11.00 am on July 15, 2026, by paying a processing fee of Rs 200 per challenge. NTA has clarified that the answer key challenge process has already ended, and no further objections against the answer key will be accepted.

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Anthropic rolls out rupee pricing for Claude AI in India

This shows India's growing importance across Anthropic's markets. India accounts for about 6% of global Claude usage. The AI giant opened an office in Bengaluru earlier this year and roped in former Microsoft MD Irina Ghose to head operations.

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Ather Energy board to consider fundraising proposal on July 15

The company said the capital could be raised through permissible modes, including a preferential issue or any other method allowed under applicable laws.

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TCS CEO on Q1 performance; B Capital on India’s IPO market

Happy Monday! TCS top deck told us that the coming quarters will see macroeconomic pressures ease and AI deals swell. This and more in today’s ETtech Morning Dispatch.

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Meta to put AI chip into production in September as it looks to double computing capacity

The tech firm's data center chip, code-named "Iris," is part of a four-generation project for Meta Training and Inference Accelerators (MTIA) that it will design in-house. The plan is to use custom-built silicon to improve the AI that powers its Facebook and Instagram social media platforms.

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Delhi EWS admission 2026: Nearly 9,000 students selected in second computerised draw for private schools

The Delhi Directorate of Education has selected 8,976 students in the second computerised draw for EWS, DG, and CWSN admissions to entry-level classes in private unaided schools for the 2026-27 academic session. The digital lottery aims to ensure transparent seat allocation, while applicants must meet prescribed age criteria and submit required documents, including disability certificates for CWSN admissions.

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Indian Army Agniveer result 2026 released at joinindianarmy.nic.in: Direct link to download scorecards here

The Indian Army has announced the Agniveer CEE Result 2026, publishing ARO-wise and zone-wise merit lists on its official recruitment portal. Candidates shortlisted in the written examination will now advance to the Physical Fitness Test, Physical Measurement Test, document verification and medical examination. Aspirants are advised to download the merit list and verify all details carefully.

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AIBE 21 result 2026 likely to be released soon at allindiabarexamination.com: Check steps to download scorecards here

The Bar Council of India is expected to declare the AIBE XXI Result 2026 soon on the official website. Candidates will be able to check and download their scorecards using their roll number and date of birth. With the final answer key already released, aspirants should regularly monitor the official portal for the latest result announcements and further updates.

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WhatsApp username rollout put on hold after govt notice

Telegram has also submitted its response to the government that last week issued formal notices to the messaging platforms, directing them to immediately halt the rollout of the username feature. These platforms currently rely on mobile phone numbers for user identification.

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Nvidia supplier King Yuan Electronics to invest up to $1.4 billion in US facility

King ​Yuan Electronics said the investment is intended to support ​operational growth ⁠and strengthen ‌its position in ​the ​global supply chain.

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Former Fed chair Ben Bernanke joins Anthropic's AI oversight trust

A Nobel ‌laureate in ⁠economic ⁠sciences, Bernanke led the Fed from 2006 to 2014, ​steering the central bank through the 2008 financial crisis.

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OpenAI's AGI deployment chief Fidji Simo to step down after medical leave

"Three months ago, I had to go on medical leave after a severe exacerbation of a chronic illness I've lived with for seven years. During that time, it became clear that the road to recovery ‌would be much ⁠longer and ⁠more complex than I had anticipated - and that I needed to focus on it fully," Simo said in a post ​on X.

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US judge approves Elon Musk settlement with SEC despite misgivings, 'red flags'

U.S. District Judge Sparkle Sooknanan in Washington, D.C., said she ​had only a limited role in assessing whether the settlement meets minimum standards of fairness and reasonableness, or instead "makes a mockery of judicial power," and questioned whether the Trump administration let the world's richest person off too easily.

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ComedK bars 36 UGET candidates from counselling over suspected exam malpractice

The Consortium of Medical, Engineering, Dental Colleges of Karnataka (COMEDK) has barred 36 candidates from participating in UGET 2026 counselling after detecting suspected malpractice at three exam centres in Jamshedpur. A forensic audit, CCTV analysis and academic review revealed anomalies, including unusual answering patterns and alleged invigilator assistance. Four of the candidates are among the Top 10 rank holders. They have been asked to appear before COMEDK by July 10 before any final action, including debarment and police complaints.

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CarDekho joins IPO queue; Tech’s quiet job cuts

Happy Thursday! CarDekho is finally hitting the accelerator on its long-planned IPO. This and more in today’s ETtech Morning Dispatch.

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UDISE+ 2025-26 report records sharp fall in school dropout rates as teacher strength surpasses 1.02 crore nationwide

The UDISE+ 2025-26 report by the Ministry of Education recorded a sharp decline in school dropout rates, with preparatory-level dropouts falling to 1.8% and secondary-level dropouts to 7%. Student retention improved at middle and secondary stages, while showing a marginal decline at foundational and preparatory levels. Secondary gross enrolment ratio rose to 71.7%, and the number of school teachers crossed 1.02 crore for the first time, reflecting sustained progress in India’s education system.

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Google Cloud’s big India AI bet; Swiggy crosses key ownership threshold

Google Cloud is supercharging its India bet with a local AI play and a potential manufacturing push. This and more in today’s ETtech Morning Dispatch.

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Meta expands generative AI tools with Muse Image rollout

The company said Muse Image, which is integrated ‌into its ⁠Meta ⁠AI chatbot, can interpret complex prompts, use photos as inputs ​and let users edit generated images directly through sketches or ​annotations.

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Australia's WiseTech cofounder Richard White steps down as executive chair

Murphy, ‌who joined ⁠the logistics ⁠software provider's board at the start of the year, was named lead independent director in May ​before taking on her new role.

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Inside Telegram’s leak economy; Flipkart employees’ latest windfall

Non-consensual image rings are turning small UPI transfers into tickets to abusive, closed Telegram groups. This and more in today’s ETtech Morning Dispatch.

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Info Edge to acquire edtech platform Coding Ninjas

Following its board meeting held on Monday, the company said it will acquire the entire remaining shareholding of Sunrise Mentors, which operates the edtech platform Coding Ninjas, from its founders.

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Re-NEET 2026 result expected soon; check MBBS cutoffs, qualifying marks, good scores and OMR sheet steps

The National Testing Agency is expected to release the Re-NEET 2026 OMR response sheets, final answer key and result soon on the official website. Candidates can download the OMR sheets using their login credentials and verify recorded responses. The result will be prepared based on the final answer key after objections are reviewed. The scorecard will include key candidate details, ranks and qualifying status, while expected qualifying marks and admission cutoffs indicate likely trends for counselling.

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South Korea's Lee urges speed in launching mega chip projects

"In this ⁠situation, it ⁠appears the outcome will be decided by who moves faster and who ​secures the lead first," Lee told a government meeting. "Only speed matters."

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Navi eyes Rs 3,000-crore IPO; inside IT CEOs’ pay

Sachin Bansal’s Navi is preparing to return to the public markets by the March quarter of FY27. This and more in today’s ETtech Morning Dispatch.

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NIELIT O Level July 2026 admit card out at student.nielit.gov.in; candidates can download theory and practical hall tickets here

The NIELIT O Level admit card for the July 2026 examination cycle has been released on the official student portal. Candidates can download their theory and practical hall tickets using their application or registration details and date of birth. The theory examination will begin on July 11, 2026, followed by practical examinations from August 08, 2026. The admit card includes examination shift, batch allocation and test centre details, while candidates must also follow the prescribed exam-day guidelines.

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Telegram gets 15-day notice from I&B Ministry to curb pirated films and copyrighted content

The government has issued a stern notice to Telegram, demanding it bolster systems to combat pirated films and copyrighted content. The platform has 15 days to report on measures taken to detect, remove, and prevent such infringements. This move, aimed at protecting India's creator economy, follows previous actions against over 3,000 pirating channels and concerns over exam paper leaks.

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Telangana approves 5,000 police vacancies, TSLPRB to begin direct recruitment process across key police cadres

As per media reports, the Telangana government has approved the direct recruitment of 5,000 police personnel across multiple cadres. The recruitment will be conducted by the Telangana State Level Police Recruitment Board after receiving cadre-wise vacancy details, roster points and eligibility criteria from the home department and the Director General of Police. The approved vacancies include sub-inspectors, assistant sub-inspectors, civil and Armed Reserve constables, besides driver and mechanic posts before recruitment notifications are issued.

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Our focus is data centres because they are big fibre guzzlers: Corning's Sudhir Pillai

Corning broke ground for a new optical connectivity manufacturing facility in Pune in February this year. The plant is being built alongside the company’s existing optical fibre facility, which has been operational since 2012. The company said the new facility would focus on producing specialised optical connectivity products primarily for hyperscale and AI-driven data centres.

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WhatsApp usernames’ India hiccup; Zepto’s unusual legal structure

WhatsApp’s big bet on usernames has hit a regulatory speed bump in India. This and more in today’s ETtech Morning Dispatch.

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Sparrow Capital closes third fund at Rs 475 crore, means to write bigger cheques

About 60% of the corpus came from global endowments, foundations, funds of funds, and family offices, and the rest from startup founders, operators, Indian family offices, and high net worth individuals (HNIs). This marks a shift in Sparrow’s LP base, which was largely non-institutional in its earlier vehicles.

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