Indian Tech Firms

A director of Indian tech firm Think & Learn Pvt faces financial penalties for defying a US judge's order to find out where the troubled company stashed $533 million that jilted lenders say should go to them.

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.

A group of American professionals has levelled serious allegations against Indian tech giant Tata Consultancy (TCS) in the latest twist to the ongoing debate over the US visa program for skilled foreign workers.

Indian minister Rajeev Chandrasekhar has warned crypto firms against misusing technology to flout laws and accomplish illegal activities. Chandrasekhar is the Union Minister of State for electronics and technology in India. The warning comes after Binance CEO Changpeng Zhao pleaded guilty to having violated the US’s anti money laundering policies...

Tata Group has completed the takeover of Wistron India, and the tech conglomerate is set to become the first Indian firm to assemble Apple's iPhone models in the country. The acquisition of Wistron's production lines in India will allow the Tata Group to assemble iPhones like Foxconn and Pegatron. The Tata Group was already producing some component...

Tech industry players looking to explore blockchain and AI integration with Web3 will get to heave a sigh of relief once the much-awaited crypto rules being framed by India as the G20 president would finally be announced. This is a notion that experts from the Web3 field shared with Gadgets 360 in the backdrop of the recently held G20 Summit in Del...

Bengaluru-based AI tech support startup Saarthi.ai has fired some employees buckling under "investor pressure" to become profitable, and has allegedly withheld salaries of several employees since March 2023. Responding to queries, Founder and CEO Vishwa Nath Jha said the company has "let go" of employees in batches owing to "investor pressure" to b...

Indian IT services major HCLTech said late on Wednesday it will buy German automotive engineering services firm ASAP Group for an enterprise value of about 251 million euros ($279.83 million) as it looks to grow in the automotive space.

Byju's and some of its lenders have restarted negotiations in a bid to restructure its $1.2 billion term loan after the Indian education-technology firm breached certain terms of its debt agreement, according to people familiar with the situation.

India-based Kiya.ai, which is into Artificial Intelligence and other emerging technology-based solutions services, showcased its version of the metaverse called Bharatmeta at the ongoing VivaTech 2023 event in Paris 2023.

A blockchain-focussed impact lab has been set up in the Hyderabad campus of the Indian School of Business (ISB). DLabs, which was set up within the ISB campus last year to incubate potential start-ups, has teamed up with S&P Global, an intelligence and tech firm, to back up the Blockchain Impact Lab.

Bloodbath for new-age tech stocks continue. These five stocks are trading near their yearly lows.

While within the rules, several market experts say the actions point to the fixation that newly listed firms have with their stock prices. After all, Nykaa and Paytm are among a flurry of hot startups that came to the Indian market with much fanfare.

Governments and Internet forums have lagged behind in setting up rules for Big Tech, according to Minister of State for Electronics and IT Raneev Chandrasekhar. The minister stated that safety and trust are core issues for the government to address because 1.2 billion Indians are going to use the Internet, adding that the government is slowly and s...

The government of Maharashtra has teamed-up with the Algorand blockchain and MAPay, a healthcare technology firm, to store health data as NFTs. The move is intended to help eliminate intermediaries in the healthcare system that routinely cause bottlenecks, introduce risk, and drive-up costs for all the involved parties.

A director of Indian tech firm Think & Learn Pvt faces financial penalties for defying a US judge's order to find out where the troubled company stashed $533 million that jilted lenders say should go to them.

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.

A group of American professionals has levelled serious allegations against Indian tech giant Tata Consultancy (TCS) in the latest twist to the ongoing debate over the US visa program for skilled foreign workers.

Indian minister Rajeev Chandrasekhar has warned crypto firms against misusing technology to flout laws and accomplish illegal activities. Chandrasekhar is the Union Minister of State for electronics and technology in India. The warning comes after Binance CEO Changpeng Zhao pleaded guilty to having violated the US’s anti money laundering policies...

Tata Group has completed the takeover of Wistron India, and the tech conglomerate is set to become the first Indian firm to assemble Apple's iPhone models in the country. The acquisition of Wistron's production lines in India will allow the Tata Group to assemble iPhones like Foxconn and Pegatron. The Tata Group was already producing some component...

Tech industry players looking to explore blockchain and AI integration with Web3 will get to heave a sigh of relief once the much-awaited crypto rules being framed by India as the G20 president would finally be announced. This is a notion that experts from the Web3 field shared with Gadgets 360 in the backdrop of the recently held G20 Summit in Del...

Bengaluru-based AI tech support startup Saarthi.ai has fired some employees buckling under "investor pressure" to become profitable, and has allegedly withheld salaries of several employees since March 2023. Responding to queries, Founder and CEO Vishwa Nath Jha said the company has "let go" of employees in batches owing to "investor pressure" to b...

Indian IT services major HCLTech said late on Wednesday it will buy German automotive engineering services firm ASAP Group for an enterprise value of about 251 million euros ($279.83 million) as it looks to grow in the automotive space.

Byju's and some of its lenders have restarted negotiations in a bid to restructure its $1.2 billion term loan after the Indian education-technology firm breached certain terms of its debt agreement, according to people familiar with the situation.

India-based Kiya.ai, which is into Artificial Intelligence and other emerging technology-based solutions services, showcased its version of the metaverse called Bharatmeta at the ongoing VivaTech 2023 event in Paris 2023.

A blockchain-focussed impact lab has been set up in the Hyderabad campus of the Indian School of Business (ISB). DLabs, which was set up within the ISB campus last year to incubate potential start-ups, has teamed up with S&P Global, an intelligence and tech firm, to back up the Blockchain Impact Lab.

Bloodbath for new-age tech stocks continue. These five stocks are trading near their yearly lows.

While within the rules, several market experts say the actions point to the fixation that newly listed firms have with their stock prices. After all, Nykaa and Paytm are among a flurry of hot startups that came to the Indian market with much fanfare.

Governments and Internet forums have lagged behind in setting up rules for Big Tech, according to Minister of State for Electronics and IT Raneev Chandrasekhar. The minister stated that safety and trust are core issues for the government to address because 1.2 billion Indians are going to use the Internet, adding that the government is slowly and s...

The government of Maharashtra has teamed-up with the Algorand blockchain and MAPay, a healthcare technology firm, to store health data as NFTs. The move is intended to help eliminate intermediaries in the healthcare system that routinely cause bottlenecks, introduce risk, and drive-up costs for all the involved parties.