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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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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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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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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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Indian Retail Group Seeks Antitrust Probe on Quick Commerce Brands Swiggy, Blinkit, Zepto
The All India Consumer Products Distributors Federation (AICPDF) has asked the antitrust authority to investigate Zomato's Blinkit, Zepto, and Swiggy. The AICPDF has alleged that quick commerce firms were practising predatory pricing while also sidelining the traditional salespeople.
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India Blockchain Week to Return for Second Edition: All Details
Web3 venture firm Hashed Emergent is bringing back the India Blockchain Week (IBW) for its second edition. As part of this initiative, multiple events have been put in the pipeline for startups and developers to showcase their Web3 protocols. Some of the events include the IBW chain-agnostic Hackathon, IBW Web3 Demo Day, and ETH India Hackathon amo...
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Direct Tax Collections Surge 22.5%. Here's How It Will Help The Economy
India's net direct tax collection surged by 22.5 per cent to Rs 6.93 lakh crore during the current financial year so far (April 1 to August 11) which is expected to keep the country firmly on the path of fiscal consolidation.
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Dubai-Based ByBit Adds Support for eRupee CBDC Following Feedback from Indian Merchants
ByBit, the crypto exchange based in Dubai, said it has received multiple requests from Indian merchants urging support for eRupee transactions. This eRupee feature for ByBit’s P2P transactions will let merchants accept payments in the form of the eRupee, reducing the risk of their bank accounts being targeted by cybercriminals.
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73% Indian Firms Plan To Use GenAI To Enhance Security Measures: Report
About 73 per cent of Indian organisations plan to harness generative artificial intelligence (GenAI) within the next 12 months to enhance security measures and align IT objectives with broader business goals, a new report said on Monday.
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Army Inducts First-Ever Indigenous Chip-Based 4G Mobile Base Station
Indian army has inducted the first-ever indigenous chip-based 4G mobile base station, which it procured from Bangalore-based firm Signaltron through the government e-marketplace portal, a top company official said.
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Mudrex Announces Rewards for Crypto Holders via New ‘Earn’ Initiative: Details
Mudrex crypto investment firm has launched a new initiative to let users monetise their crypto holdings without having to sell their assets. Mudrex’s fresh initiative seems to be a move aimed at retaining Indian users on its platform.
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AI-Led Tech Craze Leaves Mega Indian Software Stocks In The Dust
Shares of India's vaunted IT outsourcing firms are facing a reality check, as global investors' rush into the artificial intelligence theme starts to leave pricey old-economy tech stocks behind.
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Datadog President Amit Agarwal To Step Down By End Of 2024
Datadog President Amit Agarwal will step down by the end of 2024 and join the company's board of directors, the cybersecurity firm said on Tuesday, sending its shares down nearly 9% in early trading.
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Sanju Samson Backed To Captain India After Rohit Sharma, Hardik Pandya Ignored
Harbhajan Singh has a firm choice when it comes to the wicket-keeper's role in the Indian team for the T20 World Cup 2024, as well as future T20I captaincy.
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Metaverse Experience Centre With VR, AR and Immersive Technologies Launched in Noida
Indian metaverse research and advisory firm Metaverse911 has launched its Metaverse Experience Centre in Noida. Here visitors will be able to indulge in immersive technologies that include AR and VR that make for essential metaverse components.
-
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...
-
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.
-
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.
-
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.
-
Indian Retail Group Seeks Antitrust Probe on Quick Commerce Brands Swiggy, Blinkit, Zepto
The All India Consumer Products Distributors Federation (AICPDF) has asked the antitrust authority to investigate Zomato's Blinkit, Zepto, and Swiggy. The AICPDF has alleged that quick commerce firms were practising predatory pricing while also sidelining the traditional salespeople.
-
India Blockchain Week to Return for Second Edition: All Details
Web3 venture firm Hashed Emergent is bringing back the India Blockchain Week (IBW) for its second edition. As part of this initiative, multiple events have been put in the pipeline for startups and developers to showcase their Web3 protocols. Some of the events include the IBW chain-agnostic Hackathon, IBW Web3 Demo Day, and ETH India Hackathon amo...
-
Direct Tax Collections Surge 22.5%. Here's How It Will Help The Economy
India's net direct tax collection surged by 22.5 per cent to Rs 6.93 lakh crore during the current financial year so far (April 1 to August 11) which is expected to keep the country firmly on the path of fiscal consolidation.
-
Dubai-Based ByBit Adds Support for eRupee CBDC Following Feedback from Indian Merchants
ByBit, the crypto exchange based in Dubai, said it has received multiple requests from Indian merchants urging support for eRupee transactions. This eRupee feature for ByBit’s P2P transactions will let merchants accept payments in the form of the eRupee, reducing the risk of their bank accounts being targeted by cybercriminals.
-
73% Indian Firms Plan To Use GenAI To Enhance Security Measures: Report
About 73 per cent of Indian organisations plan to harness generative artificial intelligence (GenAI) within the next 12 months to enhance security measures and align IT objectives with broader business goals, a new report said on Monday.
-
Army Inducts First-Ever Indigenous Chip-Based 4G Mobile Base Station
Indian army has inducted the first-ever indigenous chip-based 4G mobile base station, which it procured from Bangalore-based firm Signaltron through the government e-marketplace portal, a top company official said.
-
Mudrex Announces Rewards for Crypto Holders via New ‘Earn’ Initiative: Details
Mudrex crypto investment firm has launched a new initiative to let users monetise their crypto holdings without having to sell their assets. Mudrex’s fresh initiative seems to be a move aimed at retaining Indian users on its platform.
-
AI-Led Tech Craze Leaves Mega Indian Software Stocks In The Dust
Shares of India's vaunted IT outsourcing firms are facing a reality check, as global investors' rush into the artificial intelligence theme starts to leave pricey old-economy tech stocks behind.
-
Datadog President Amit Agarwal To Step Down By End Of 2024
Datadog President Amit Agarwal will step down by the end of 2024 and join the company's board of directors, the cybersecurity firm said on Tuesday, sending its shares down nearly 9% in early trading.
-
Sanju Samson Backed To Captain India After Rohit Sharma, Hardik Pandya Ignored
Harbhajan Singh has a firm choice when it comes to the wicket-keeper's role in the Indian team for the T20 World Cup 2024, as well as future T20I captaincy.
-
Metaverse Experience Centre With VR, AR and Immersive Technologies Launched in Noida
Indian metaverse research and advisory firm Metaverse911 has launched its Metaverse Experience Centre in Noida. Here visitors will be able to indulge in immersive technologies that include AR and VR that make for essential metaverse components.
