India Internet Boom
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India Adds 7.3 Crore Internet Subscribers, 7.8 Crore Broadband Users In 1 Year
Broadband services also maintained their upward trajectory, with the number of broadband subscribers increasing from 84.6 crore in March 2023 to 92.4 crore in March 2024, according to latest data by the Telecom Regulatory Authority of India (TRAI).
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AI-Generated Fake Clip Of Rahul Gandhi Swearing-In As PM Goes Viral
An AI-generated voice clone of Congress leader Rahul Gandhi is viral on the internet, where he can be heard swearing in as the Prime Minister of India.
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Metaverse in Education to Boom by 2031, India and China Projected as Beneficiaries: Report
InsightAce’s ‘Global Metaverse in Education Market Size, Share & Trends Analysis Report’, published recently, said that in the coming years, schools and colleges establishing their brands in the metaverse could become a trend. The boom in Internet adoption, 5G, Cryptocurrencies, Cloud services, as well as technologies like AI, VR, and AR are ...
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Identify Cyber Hotspots, Maintain Profile of Cyber Crimes: Parliamentary Panel
A parliamentary panel has recommended that the Union Home Ministry may encourage the state governments to identify cyber hotspots in their state and maintain a data profile on the cyber crimes being committed in those hotspots. The Parliamentary Standing Committee on Home Affairs noted that it believed that despite the boom in Internet connectivity...
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Amazon Academy to Shut Down Less Than Two Years After Launch as Edtech Firms Face Post-Pandemic Challenges
Amazon Academy will be shut down in the country, the company said on Thursday, without citing a reason. The service was launched last year amid a boom in virtual learning during the COVID-19 pandemic. Based on an assessment, the ecommerce giant said in a statement that it had made the decision to discontinue Amazon Academy "in a phased manner to ta...
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India Aims to Copy China, But Not in Lending-by-App Craze
There’s a lot about Beijing’s decades-long infrastructure push and investment-led growth that India wants to emulate. But when it comes to the consumer economy, aping China’s out-of-control digital lending boom is strictly off the policy agenda. The Reserve Bank of India’s recently released guidelines for app-based loans show a clear desire...
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Pine Labs Sets Target of Up to $5 Billion in Monthly Payments Volume From Plural Service in Two Years
Pine Labs, the company that provides point-of-sale machines to offline merchants for card payments, said it is targeting up to $5 billion (roughly Rs. 39,600 crore) in monthly transactions within two years, for its online payments business, Plural. The firm also expects online payments to contribute 20 percent of revenue. Plural was launched last y...
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Indian IT Sector Growth Boom to End Due to Soaring Inflation, Supply Chain Issues, Predict JP Morgan Analysts
JP Morgan analysts have downgraded Indian IT sector to ‘underweight’ as they predict it will face an end to growth boom enjoyed during the pandemic. Soaring inflation, supply chain issues and the hit from the Ukraine war has been listed down as some of the major reason for this fall.
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Jio, Airtel Set to Gain as Metaverse Will Increase Data Usage 20 Times in 10 Years: Credit Suisse
Jio and Airtel are well-positioned to gain from metaverse adoption that is expected to push data consumption 20 times in the next 10 years, a Credit Suisse report has said.
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Online Games That Involve Betting, Wagering Could Be Banned by Karnataka; Worrying Booming Industry
The state of Karnataka, home to India's Silicon Valley, has proposed a ban on online games involving betting and wagering, sparking concerns that growing state regulations could hit the nascent but booming sector.
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Big Tech’s India Plans Can’t Seem to Bypass Reliance
The world’s biggest tech companies are clamouring for a larger piece of India’s booming Internet space, but that increasingly seems to mean going through the country’s richest man, Mukesh Ambani. Ambani’s Reliance Industries Ltd. is said to be offering to sell a stake of about $20 billion in its retail business to Amazon.com, Bloomberg News...
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Disney+ Streaming Service Hits 50 Million Paid Subscribers
Disney said on Wednesday that Disney+ has attracted more than 50 million paid users, with 8 million of them coming from India where the video streaming service was rolled out last week.
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Amazon's Bid to Acquire Stake in Indian Retailer Said to Face Antitrust Hurdle
Amazon in August agreed to acquire a 49 percent stake in a unit of Future Group which owns 7.3 percent of Future Retail.
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As Oyo Booms, Some Hotels Cry Foul and Check Out
Oyo Hotels and Homes shot out of nowhere to become one of the world's largest hotel chains with a simple promise of "hassle-free" online booking, transparent pricing and cheerful lodging.
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Pre-Owned Smartphone Market in India Booming, Average Selling Price Rises to Rs. 11,000: OLX
Phone listings on OLX jumped from 2.5 million units in April-June 2017 to 3.5 million in the same period this year, a 40 percent year-on-year growth.
-
India Adds 7.3 Crore Internet Subscribers, 7.8 Crore Broadband Users In 1 Year
Broadband services also maintained their upward trajectory, with the number of broadband subscribers increasing from 84.6 crore in March 2023 to 92.4 crore in March 2024, according to latest data by the Telecom Regulatory Authority of India (TRAI).
-
AI-Generated Fake Clip Of Rahul Gandhi Swearing-In As PM Goes Viral
An AI-generated voice clone of Congress leader Rahul Gandhi is viral on the internet, where he can be heard swearing in as the Prime Minister of India.
-
Metaverse in Education to Boom by 2031, India and China Projected as Beneficiaries: Report
InsightAce’s ‘Global Metaverse in Education Market Size, Share & Trends Analysis Report’, published recently, said that in the coming years, schools and colleges establishing their brands in the metaverse could become a trend. The boom in Internet adoption, 5G, Cryptocurrencies, Cloud services, as well as technologies like AI, VR, and AR are ...
-
Identify Cyber Hotspots, Maintain Profile of Cyber Crimes: Parliamentary Panel
A parliamentary panel has recommended that the Union Home Ministry may encourage the state governments to identify cyber hotspots in their state and maintain a data profile on the cyber crimes being committed in those hotspots. The Parliamentary Standing Committee on Home Affairs noted that it believed that despite the boom in Internet connectivity...
-
Amazon Academy to Shut Down Less Than Two Years After Launch as Edtech Firms Face Post-Pandemic Challenges
Amazon Academy will be shut down in the country, the company said on Thursday, without citing a reason. The service was launched last year amid a boom in virtual learning during the COVID-19 pandemic. Based on an assessment, the ecommerce giant said in a statement that it had made the decision to discontinue Amazon Academy "in a phased manner to ta...
-
India Aims to Copy China, But Not in Lending-by-App Craze
There’s a lot about Beijing’s decades-long infrastructure push and investment-led growth that India wants to emulate. But when it comes to the consumer economy, aping China’s out-of-control digital lending boom is strictly off the policy agenda. The Reserve Bank of India’s recently released guidelines for app-based loans show a clear desire...
-
Pine Labs Sets Target of Up to $5 Billion in Monthly Payments Volume From Plural Service in Two Years
Pine Labs, the company that provides point-of-sale machines to offline merchants for card payments, said it is targeting up to $5 billion (roughly Rs. 39,600 crore) in monthly transactions within two years, for its online payments business, Plural. The firm also expects online payments to contribute 20 percent of revenue. Plural was launched last y...
-
Indian IT Sector Growth Boom to End Due to Soaring Inflation, Supply Chain Issues, Predict JP Morgan Analysts
JP Morgan analysts have downgraded Indian IT sector to ‘underweight’ as they predict it will face an end to growth boom enjoyed during the pandemic. Soaring inflation, supply chain issues and the hit from the Ukraine war has been listed down as some of the major reason for this fall.
-
Jio, Airtel Set to Gain as Metaverse Will Increase Data Usage 20 Times in 10 Years: Credit Suisse
Jio and Airtel are well-positioned to gain from metaverse adoption that is expected to push data consumption 20 times in the next 10 years, a Credit Suisse report has said.
-
Online Games That Involve Betting, Wagering Could Be Banned by Karnataka; Worrying Booming Industry
The state of Karnataka, home to India's Silicon Valley, has proposed a ban on online games involving betting and wagering, sparking concerns that growing state regulations could hit the nascent but booming sector.
-
Big Tech’s India Plans Can’t Seem to Bypass Reliance
The world’s biggest tech companies are clamouring for a larger piece of India’s booming Internet space, but that increasingly seems to mean going through the country’s richest man, Mukesh Ambani. Ambani’s Reliance Industries Ltd. is said to be offering to sell a stake of about $20 billion in its retail business to Amazon.com, Bloomberg News...
-
Disney+ Streaming Service Hits 50 Million Paid Subscribers
Disney said on Wednesday that Disney+ has attracted more than 50 million paid users, with 8 million of them coming from India where the video streaming service was rolled out last week.
-
Amazon's Bid to Acquire Stake in Indian Retailer Said to Face Antitrust Hurdle
Amazon in August agreed to acquire a 49 percent stake in a unit of Future Group which owns 7.3 percent of Future Retail.
-
As Oyo Booms, Some Hotels Cry Foul and Check Out
Oyo Hotels and Homes shot out of nowhere to become one of the world's largest hotel chains with a simple promise of "hassle-free" online booking, transparent pricing and cheerful lodging.
-
Pre-Owned Smartphone Market in India Booming, Average Selling Price Rises to Rs. 11,000: OLX
Phone listings on OLX jumped from 2.5 million units in April-June 2017 to 3.5 million in the same period this year, a 40 percent year-on-year growth.
