SAP, Europe’s largest software company, is witnessing a major shift in its Indian client base—from AI exploration to practical deployment. Over the past year, Indian enterprises have increasingly adopted SAP’s embedded AI tools to enhance operational efficiency across finance, supply chain, and workforce management. At the SAP NOW AI Tour in Mumbai, the company revealed that AI-generated insights, predictive analytics, and natural language processing are leading use cases.

Gensol Engineering finds itself at the center of a spiraling financial and regulatory crisis, as its shares continue to nosedive, hitting fresh lower circuit limits on both the BSE and NSE. The company, once a promising player in India’s green energy and EV space, has seen its stock plummet nearly 92% from its 52-week high amid allegations of financial misconduct and fund diversion.

Equity markets in India witnessed a sharp downturn on Friday, with benchmark indices Sensex and Nifty plunging over 1% in early trading. The sudden dip was primarily driven by renewed geopolitical tensions following a terrorist attack in Jammu & Kashmir and disappointing corporate earnings from Axis Bank. Despite recent foreign inflows and supportive global cues, investor sentiment was severely dampened. Key sectors including banking, power, and infrastructure bore the brunt, even as IT giants like Infosys and TCS offered limited support.

In a tribute to the late Osamu Suzuki, former Chairman of Suzuki Motor Corporation, Maruti Suzuki India and its Japanese parent company have announced the establishment of the Osamu Suzuki Centre of Excellence (OSCOE) in India. Set to be located in Gujarat and Haryana, the initiative is designed to elevate Indian manufacturing by incorporating globally competitive standards and the revered Japanese manufacturing philosophy. OSCOE will focus on capacity building across industries—beyond the automotive sector—through academia-industry collaboration.

Ather Energy, one of India’s leading electric two-wheeler manufacturers, is set to debut on the stock market with a Rs. 2,981 crore Initial Public Offering (IPO)—the first mainboard listing of FY25–26. The IPO comprises a fresh equity issue of Rs. 2,626 crore and an offer-for-sale of 1.1 crore shares by existing stakeholders. With a price band set between Rs. 304 and Rs. 321 per share, the offering pegs Ather’s valuation at approximately Rs. 11,956 crore.

India’s economic outlook has been revised downward by major global financial institutions, signaling growing concern over the country’s near-term fiscal trajectory. The World Bank now estimates India’s GDP growth for FY25/26 at 6.3%, down from its earlier projection of 6.7%, citing weaker-than-expected private and public investment as key factors. Similarly, the International Monetary Fund (IMF) has trimmed its growth forecast to 6.2%.

Waaree Energies, one of India’s leading solar module manufacturers, has posted an impressive financial performance for the quarter ending March 2025, with net profit surging over 250% year-on-year to Rs. 648.49 crore. Backed by robust demand and an expanding international footprint, the company also reported a 37.69% increase in quarterly revenue, totaling Rs. 4,140.92 crore. For the full fiscal year, profit after tax reached Rs. 1,932.15 crore, and revenue rose to Rs. 14,846.06 crore. With a massive 25 GW order book worth Rs.

BankBazaar.com, a fintech trailblazer known for its co-branded credit cards and credit score services, has entered the secured loan segment through a strategic partnership with Muthoot FinCorp. This collaboration signifies a bold expansion into India’s high-growth gold loan market, combining BankBazaar's digital prowess with Muthoot’s legacy in gold financing. With a Rs. 15 crore equity investment from Muthoot FinCorp as part of BankBazaar’s Rs. 55 crore Series D2 funding round, the partnership aims to deliver fast, transparent, and compliant lending solutions.

As the world shifts from the hype of artificial intelligence to its tangible impact, India is emerging as a pivotal arena for enterprise AI deployment. Global enterprise software leader SAP is at the forefront of this transformation, revealing how Indian organizations are now integrating AI across business functions—from supply chains to finance. Based on SAP’s comprehensive study from March 2024 to March 2025, AI use cases in India have evolved from experimental to essential, promising measurable outcomes in 2025.

The Enforcement Directorate (ED) has launched a series of raids on Gensol Engineering Ltd., a company embroiled in financial misconduct allegations. The agency detained co-promoter Puneet Singh Jaggi in connection with the case, following a report from the Securities and Exchange Board of India (SEBI) regarding diversion of funds. The ED's investigation centers on loans obtained by Gensol Engineering for electric vehicle (EV) procurement and engineering, procurement, and construction (EPC) contracts, which were allegedly misused by the promoters for personal assets and shell companies.