Current Affairs - Business

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Exercise : Business - Latest Current Affairs
  • Business - Latest Current Affairs
1.
Which company launched an AI-powered natural language search feature built on Microsoft Foundry in February 2026?
Paytm
Google Pay
PhonePe
Amazon Pay
Answer: Option
Explanation:
PhonePe introduced an AI-powered natural language search feature on 20 February 2026, leveraging Microsoft Foundry to enhance user experience within its application. The feature allows users to perform tasks such as payments, recharges, navigation, and transaction tracking through simple voice or text-based commands. By using intent-based queries, the platform transitions from a purely transactional interface to a more intelligent and personalised system. Built on a hybrid on-device and cloud model, the solution ensures data security while improving accessibility, convenience, and discoverability for millions of users across India through a phased rollout.

2.
Which company signed an MoU with the Gujarat government to conduct a feasibility study for a 250 MW green AI-ready data centre at Dholera SIR?
Tata Consultancy Services
L&T Vyoma
Infosys
Adani Enterprises
Answer: Option
Explanation:
L&T Vyoma signed a Memorandum of Understanding with the Gujarat government during the India AI Impact Summit 2026 to study the feasibility of establishing a 250 MW green AI-ready data centre at Dholera Special Investment Region. The proposed ₹25,000 crore project aims to strengthen AI infrastructure, cloud computing capabilities, and sustainable digital ecosystems in the state. The study will evaluate land suitability, infrastructure readiness, availability zones, and sustainability aspects before final execution. The initiative aligns with Gujarat’s IT/ITeS Policy and India’s broader digital transformation and renewable energy goals, targeting operational readiness by 2028.

3.
Which company announced the $15 billion ‘America-India Connect’ subsea cable initiative to enhance AI connectivity between India and the United States at the India AI Impact Summit 2026?
Google
Microsoft
Amazon
Meta
Answer: Option
Explanation:
Google announced the $15 billion America-India Connect initiative at the India AI Impact Summit 2026 to significantly strengthen digital and artificial intelligence connectivity between India and the United States. The project includes the establishment of a new international subsea gateway in Vizag, along with three new subsea cable routes connecting India to Singapore, South Africa, and Australia, and four strategic fibre-optic land routes. This large-scale infrastructure investment is designed to increase bandwidth, enhance network redundancy, support AI model training, improve cloud computing capabilities, and promote secure cross-border digital services.

4.
Which private Indian satellite operator signed a landmark data reseller partnership with NSIL to globally market its SyncFused OptoSAR imagery solutions?
Skyroot Aerospace
Agnikul Cosmos
Pixxel
GalaxEye
Answer: Option
Explanation:
GalaxEye entered into a significant data reseller partnership with NewSpace India Limited (NSIL), becoming the first private Indian satellite operator to formalise such collaboration. Under this agreement, NSIL will globally resell GalaxEye’s satellite imagery portfolio, particularly its advanced SyncFused OptoSAR technology, which integrates optical imagery with Synthetic Aperture Radar data. This enables high-precision, all-weather, day-and-night Earth observation. The partnership strengthens India’s New Space economy by combining public-sector commercialisation channels with private innovation, enhancing global access to Indian geospatial intelligence solutions across agriculture, disaster management, infrastructure planning, and environmental monitoring sectors.

5.
Which quick commerce platform partnered with Bizom to enhance retail execution and brand fulfilment across consumer goods companies?
Swiggy Instamart
Zepto
Blinkit
BigBasket
Answer: Option
Explanation:
Bizom entered into a strategic partnership with Blinkit to strengthen retail execution and improve brand fulfilment capabilities. The collaboration enables brands to enhance fulfilment speed, minimise stock-outs, and access unified real-time inventory data across quick commerce platforms. By offering a single, reliable source of truth for inventory and sales information, the partnership allows brands to scale their reach without investing in new supply chain infrastructure. This initiative supports planning and execution for more than 750 consumer goods companies, contributing to more efficient, technology-driven, and future-ready retail operations across India.