.png){kind=logo}
Good morning! : Here’s a snapshot of the key developments shaping manufacturing, capital flows, labour policy, enterprise tech, and crypto markets today.
What’s New Today: India’s defence manufacturing push gained momentum as a domestic firm announced plans to invest Rs 500 crore in a semiconductor facility focused on advanced chip packaging. The project aims to cut import dependence, support defence electronics, and align with India’s broader semiconductor ambitions, with production targeted by 2027.
Fast-Track Insights: In Europe, cyber-insurtech Stoïk raised €20 million in Series C funding to expand its AI-led cyber risk and insurance platform across new markets. In India’s jobs debate, Swiggy argued that delivery roles should be classified as flexible employment not gig work, calling for policy recognition of a distinct labour category. Together these developments show shifting supply chains, evolving job definitions, fast AI adoption, and constant risks in decentralised finance.
An Indian defence manufacturer has announced plans to invest Rs 500 crore in a semiconductor facility focused on advanced chip packaging. The project aims to support defence and aerospace needs, cut import dependence, and strengthen domestic manufacturing. Commercial production is expected to begin by 2027 aligning with India’s broader semiconductor push.
French cyber-risk specialist Stoïk has secured €20 million in Series C funding to expand across Europe. The company combines insurance with real-time cyber risk monitoring and incident response. The funding will support geographic expansion, product development, and deeper AI-driven threat detection for small and mid-sized businesses.
Food delivery platform Swiggy has urged policymakers to view delivery jobs as flexible employment rather than gig work. A senior executive said such roles form a distinct employment category, offering choice and scale. The company stressed the need for regulations reflecting worker diversity and evolving labour market realities.
A new Analytics Insight report highlights leading global companies driving AI integration in enterprises. Firms such as cloud providers, consulting majors, and software giants help businesses embed AI into operations, analytics, and automation. The ranking reflects growing demand for scalable, secure AI adoption as organisations accelerate digital transformation strategies.
Researchers say a recent surge in activity on the Ethereum network may stem partly from address-poisoning attacks. Lower transaction costs have made spam campaigns cheaper, inflating on-chain activity metrics. Experts warn that headline growth figures may not fully reflect genuine user adoption or organic network demand
