What is Kimi K3? China’s 2.8 trillion parameter AI model taking on Claude Fable 5 and GPT-5.6
Moonshot had paused new subscriptions for its Kimi K3 model due to overwhelming demand.
Category: Business News & Economy
Uncover the latest corporate headlines, economic policies, macro-level market updates, and industry developments shaping Indian and global markets on FinSiddhi.
Japan’s Takeda bets on dengue vax to reshape India playbook
Takeda Pharmaceutical’s new dengue vaccine Qdenga received approval in India. The vaccine is expected to launch commercially in early 2027. It will initially be available through the private market for individuals. Takeda plans to pursue government procurement and National Immunisation Programme inclusion. This move significantly broadens Takeda’s public health focus in India.
OpenAI, Anthropic hacking models breached companies during cybersecurity tests
OpenAI, Anthropic hacking models breached companies during cybersecurity tests
AI meter is running. India’s IT clients are rethinking their models
As enterprise AI consumption soars, clients are shifting routine work to smaller models and reserving larger ones for complex tasks.
Value meals, store traffic drive QSR chains’ recovery
Restaurant chains experienced a significant recovery in the April-June quarter. Value growth and expansion into smaller cities drove this positive trend. Higher in-store traffic and improved daily sales contributed to the recovery. Chains are focusing on value meals and selective price adjustments. This marks a reversal after several quarters of declining sales and profits.
Warsh’s policy framework creates investor uncertainty, Citadel Securities says
Warsh’s policy framework creates investor uncertainty, Citadel Securities says
Iran war whiplash; Palantir earnings ahead – what’s moving markets
Iran war whiplash; Palantir earnings ahead – what’s moving markets
After Kimi K3, Alibaba unveils Qwen 3.8, claims it’s second only to Claude Fable 5
With the launch of Kimi K3 and Qwen 3.8, Chinese AI firms are gaining momentum. Alibaba’s Qwen comes with 2.4 trillion parameters and promises to go open weights soon
Microfinance lending dips as uneven monsoon alters the landscape
India’s microfinance sector contracted in the first quarter after a previous rebound. Uneven monsoon progress weighed on rural demand and lender caution grew. The sector’s portfolio shrank four percent to ₹3.26 lakh crore by June end. Business usually slows during this period, but rainfall added concerns. Lenders remain cautious about growing loans due to uncertain…
Airtel Q1 Net Up 35% on Postpaid, Data User Surge
Bharti Airtel reported a 35.45% year-on-year net profit increase for the June quarter. This growth was fueled by strong performance in its India mobile operations and Africa business. The company achieved record postpaid net additions and saw growing smartphone data customers. Bharti Airtel’s average revenue per user reached the sector’s highest at ₹264. Consolidated revenue…