The India AI Impact Summit 2026 has commenced in the national capital, featuring global tech leaders like Sundar Pichai and Sam Altman. The five-day event focuses on AI infrastructure and data center investments. Meanwhile, the Reserve Bank of India has introduced stringent lending norms for stockbrokers, effective April 1, requiring bank credit to be fully secured with 100% collateral. This regulatory shift triggered a sharp sell-off in capital market stocks, with BSE and Angel One seeing significant declines. In corporate earnings, Ola Electric shares plunged 6% following disappointing quarterly results, with revenues halving and losses remaining high. Conversely, the pharma and manufacturing sectors showed resilience, with Torrent Pharma and Engineers India posting gains. The summit will also highlight inclusive innovation through the Tata AI Sakhi Immersion Program, aimed at empowering rural women, and the Tata Bharat Yuvai Hackathon, which focuses on multilingual AI solutions for healthcare and agriculture.
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