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Apple Said to Be in Discussions With Several Indian Firms to Replace Chinese Suppliers
Apple is in discussions with several Indian companies to develop its supply chain ecosystem within the country, according to a report. The company has been shifting its production to other areas in recent years, such as India and Vietnam, after relying heavily on Chinese suppliers until 2020. Apple is reportedly exploring opportunities to establish...
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Byju's Founder Accused Of Trying To Regain Firm With Hidden Cash
The founder of bankrupt Indian tech firm Byju's tried to use loan proceeds that he allegedly hid from US lenders to secretly buy back a software company that was taken over by an American trustee, according to a new court filing.
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Google AI-Powered Air View+ Announced With Real-Time Hyperlocal Air Quality Information Across India
Google announced Air View+, an ecosystem-based solution to address the gaps in air quality data across India, on Wednesday. The system uses the Mountain View-based tech giant’s artificial intelligence (AI) models to process a large volume of air quality data at the hyperlocal level and provide actionable insights to Indian government agencies.
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MeitY To Introduce Code Of Conduct For AI Firms: Sources
These guidelines may set standards on AI Usage, training, deployment for companies, according to the ET report.
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Indian-Origin CEO Gets Death Threats Over His Firm's '84-Hour Workweek'
Daksh Gupta shared that employees at Greptile typically worked from 9 am to 11 pm or later, with Saturdays being regular workdays and occasional work on Sundays.
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India’s Web3 Ecosystem Has Over 400 Firms, Karnataka Emerges as Industry Hub: Report
The BWA report has observed that the area of blockchain solutions have emerged as the Web3 vertical with the largest concentration of companies operating within it. Presently, 79 firms have been identified by the BWA for conducting research and development work around the use cases of blockchain technology.
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Swiggy Shares Jump 7.7% Higher In Trading Debut After $1.4 Billion IPO
Shares of Indian food and grocery delivery firm Swiggy debuted 7.7% higher in pre-open trade on Wednesday.
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Indian CubeSat to Travel to the Moon Soon on Japanese Lander
India’s HEX20Labs has partnered with Japanese firm ispace for a mission to send a CubeSat into lunar orbit. Scheduled to launch on ispace's M2 mission, the Indian CubeSat will ride aboard the lander Resilience, aiming to orbit the Moon and conduct critical technology testing. This mission signifies a major stride in India’s cislunar exploration...
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Nine-Man East Bengal Hold Firm To Hold Mohammedan Sporting, Secure First Point Of Season
Fresh off making quarterfinals in the AFC Challenge League, East Bengal, who had struggled to in the ISL until now, showed a new-found confidence under their new head coach Oscar Bruzon
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Reliance's $50 Billion Wipeout Shows Toll of Weak Earnings
Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown.
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Xiaomi India President Muralikrishnan B Exits Firm, to Remain as Independent Strategic Advisor
Xiaomi India's Muralikrishnan B has stepped down as president of the company. He joined the firm in 2018 and was elevated president in 2022. He has since been instrumental in the expansion of the Chinese smartphone giant's Indian subsidiary, despite a brief setback when the company was investigated by government bodies for purported unlawful remitt...
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Indian Firms Sanctioned By US Not In Violation Of National Laws: Centre
The Ministry of External Affairs (MEA) on Saturday reacted to the recent US sanctions imposed on several Indian firms and nationals, with a spokesperson stating that Indian companies have not violated any national laws.
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US Cracks Down On Indian Firms For Supplies To Russian Companies
The United States imposed sanctions on Wednesday on hundreds of targets in fresh action against Russia, a signal the U.S. will continue to counter evasion of its measures imposed over Moscow's invasion of Ukraine.
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Chinese Firm To Print Nepal Notes With Map Featuring Indian Regions
The Nepal Rastra Bank, the central bank of Nepal, has awarded to a Chinese company the contract to print new 100-rupee notes featuring the revised political map of the country.
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Ship Firms, US Agree On 'Cost Payment' Over Collapse Of Baltimore Bridge
Ship management firm Synergy Marine and Grace Ocean, owner of the ship with 22 Indian crew members that collided with a US bridge in March, have reached an "agreement" with the US government on cost payment, while rejecting liability for the incident
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Apple Said to Be in Discussions With Several Indian Firms to Replace Chinese Suppliers
Apple is in discussions with several Indian companies to develop its supply chain ecosystem within the country, according to a report. The company has been shifting its production to other areas in recent years, such as India and Vietnam, after relying heavily on Chinese suppliers until 2020. Apple is reportedly exploring opportunities to establish...
-
Byju's Founder Accused Of Trying To Regain Firm With Hidden Cash
The founder of bankrupt Indian tech firm Byju's tried to use loan proceeds that he allegedly hid from US lenders to secretly buy back a software company that was taken over by an American trustee, according to a new court filing.
-
Google AI-Powered Air View+ Announced With Real-Time Hyperlocal Air Quality Information Across India
Google announced Air View+, an ecosystem-based solution to address the gaps in air quality data across India, on Wednesday. The system uses the Mountain View-based tech giant’s artificial intelligence (AI) models to process a large volume of air quality data at the hyperlocal level and provide actionable insights to Indian government agencies.
-
MeitY To Introduce Code Of Conduct For AI Firms: Sources
These guidelines may set standards on AI Usage, training, deployment for companies, according to the ET report.
-
Indian-Origin CEO Gets Death Threats Over His Firm's '84-Hour Workweek'
Daksh Gupta shared that employees at Greptile typically worked from 9 am to 11 pm or later, with Saturdays being regular workdays and occasional work on Sundays.
-
India’s Web3 Ecosystem Has Over 400 Firms, Karnataka Emerges as Industry Hub: Report
The BWA report has observed that the area of blockchain solutions have emerged as the Web3 vertical with the largest concentration of companies operating within it. Presently, 79 firms have been identified by the BWA for conducting research and development work around the use cases of blockchain technology.
-
Swiggy Shares Jump 7.7% Higher In Trading Debut After $1.4 Billion IPO
Shares of Indian food and grocery delivery firm Swiggy debuted 7.7% higher in pre-open trade on Wednesday.
-
Indian CubeSat to Travel to the Moon Soon on Japanese Lander
India’s HEX20Labs has partnered with Japanese firm ispace for a mission to send a CubeSat into lunar orbit. Scheduled to launch on ispace's M2 mission, the Indian CubeSat will ride aboard the lander Resilience, aiming to orbit the Moon and conduct critical technology testing. This mission signifies a major stride in India’s cislunar exploration...
-
Nine-Man East Bengal Hold Firm To Hold Mohammedan Sporting, Secure First Point Of Season
Fresh off making quarterfinals in the AFC Challenge League, East Bengal, who had struggled to in the ISL until now, showed a new-found confidence under their new head coach Oscar Bruzon
-
Reliance's $50 Billion Wipeout Shows Toll of Weak Earnings
Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown.
-
Xiaomi India President Muralikrishnan B Exits Firm, to Remain as Independent Strategic Advisor
Xiaomi India's Muralikrishnan B has stepped down as president of the company. He joined the firm in 2018 and was elevated president in 2022. He has since been instrumental in the expansion of the Chinese smartphone giant's Indian subsidiary, despite a brief setback when the company was investigated by government bodies for purported unlawful remitt...
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Indian Firms Sanctioned By US Not In Violation Of National Laws: Centre
The Ministry of External Affairs (MEA) on Saturday reacted to the recent US sanctions imposed on several Indian firms and nationals, with a spokesperson stating that Indian companies have not violated any national laws.
-
US Cracks Down On Indian Firms For Supplies To Russian Companies
The United States imposed sanctions on Wednesday on hundreds of targets in fresh action against Russia, a signal the U.S. will continue to counter evasion of its measures imposed over Moscow's invasion of Ukraine.
-
Chinese Firm To Print Nepal Notes With Map Featuring Indian Regions
The Nepal Rastra Bank, the central bank of Nepal, has awarded to a Chinese company the contract to print new 100-rupee notes featuring the revised political map of the country.
-
Ship Firms, US Agree On 'Cost Payment' Over Collapse Of Baltimore Bridge
Ship management firm Synergy Marine and Grace Ocean, owner of the ship with 22 Indian crew members that collided with a US bridge in March, have reached an "agreement" with the US government on cost payment, while rejecting liability for the incident
