Summary
Jio Platforms Ltd has received Sebi approval for an IPO aiming to raise $3.8 billion, potentially India's largest. Meanwhile, IIT-Madras launched 'Bharat Ascend' to foster innovation, and Singapore's Temasek backed Air India investment despite concerns. Additionally, Gurugram-based AssessPrep uses AI to analyze test scores for schools, and VC funding in Indian startups saw a marginal rise last week, while new research highlights a spike in AI incidents escaping user control.
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