Tata Steel’s AI plans; Digitising India’s offline retail stores

Hello Omnichannel eyewear brand Lenskart has received shareholder approval to go public, setting the stage for what is expected to be a significant IPO in India’s consumer tech sector.

 

The company plans to raise Rs 2,150 crore through a fresh issue of shares as part of the IPO, according to filings with the Registrar of Companies. 

 

Meanwhile, India’s largest software exporter, Tata Consultancy Services (TCS), reportedly plans to trim 2% of its workforce, or roughly 12,000 roles, over the fiscal year 2026. The cuts, which will primarily affect middle and senior management, are part of a broader strategy to streamline operations and align talent with future demand, Moneycontrol reported.

 

Elsewhere, Ambikapathy–the Tamil version of the 2013 Hindi film Raanjhanaa– is making headlines due to an AI-generated alternate ending, which is now changed from tragic to a “happy” one. The film’s director, Aanand L Rai, who reportedly learned of the move through media reports, isn’t pleased with the change.

 

AI is also showing up in fashion. A Guess advertisement in Vogue now features a flawless AI model showcasing a striped maxi dress and a floral playsuit from the brand's summer collection.

 

As The Cut aptly puts it, AI bots can now relate to Drake’s lyrics: “Don't tell me that you model if you ain't been in Vogue”.

 

In today’s newsletter, we will talk about 

 

• Tata Steel’s AI plans
• Digitising India’s offline retail stores

 

Here’s your trivia for today: What was the name of the first synthetic plastic ever developed?