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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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Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a government source told Reuters.
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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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WazirX's Nischal Shetty Aims to Build India's Largest Decentralised Exchange Within 12 Months
This week, WazirX hosted a virtual town hall where founder Nischal Shetty shared that he is considering launching a decentralised exchange (DEX) to complement the existing WazirX platform. According to Shetty, a DEX could help mitigate the risks associated with centralised exchanges.
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India, Qatar's Financial Intelligence Units Partner to Combat Money Laundering through Virtual Digital Assets
This week, the Financial Intelligence Units of India and the UAE met in New Delhi to finalise an agreement. The two nations committed to collaborating in efforts to prevent the misuse of crypto assets by unlawful entities for illicit financial transfers.
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Nvidia Rolls Out Hindi-Language AI Model In India As CEO Huang Visits
Nvidia is rolling out its new small language model, dubbed Nemotron-4-Mini-Hindi-4B, with 4 billion parameters, for firms to use in developing their own AI models, the company said.
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Nvidia Rolls Out Hindi-Language AI Model in India as CEO Jensen Huang Visits
Nvidia launched a lightweight Artificial Intelligence (AI) model on Thursday for India's widely-used Hindi language. Nvidia is rolling out its new small language model, dubbed Nemotron-4-Mini-Hindi-4B, with 4 billion parameters, for firms to use in developing their own AI models.
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Swiggy Launches New 'Seal' Badge To Raise Food Hygiene And Quality Standards
Online food delivery firm Swiggy on Wednesday introduced the 'Swiggy Seal' initiative to raise hygiene and food quality standards among restaurant partners on its platform.
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Paytm Gets Approval From Payments Authority To Enroll New UPI Users
The Paytm said late on Tuesday it received approval from the country's payments authority to onboard new unified payment interface (UPI) users, providing some relief for financial services firm after a central bank-ordered ban on its banking unit.
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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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"We Aren't Police...": RBI Chief Day After 4 Firms Banned From Giving Loans
Reserve Bank Governor Shaktikanta Das on Friday said that the central bank does not act like a policeman, but it maintains tight vigil on financial market and takes regulatory action whenever necessary.
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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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Redmi A4 5G With Snapdragon 4s Gen 2 Chip Unveiled at India Mobile Congress 2024
Redmi A4 5G was unveiled at the India Mobile Congress 2024 as the first entry-level smartphone with a Snapdragon 4s Gen 2 chip. The Redmi A4 5G price in India will start at under Rs. 10,000. It is expected to be one of the most affordable 5G capable smartphones in India, and will be introduced in the country in the future.
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"Ratan Tata Had Breakfast At His Own US Hotel Without Revealing Identity": IT Firm Chairman
Expressing profound grief at the death of iconic industrialist Ratan Tata, chairman emeritus of Tata Sons and chairman of Tata Trusts at the age of 86, IBS Software Executive Chairman VK Mathews on Thursday recalled some encounters with the legend.
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TCS Cancels Q2 Earnings Press Conference After Ratan Tata's Death
Tata Consultancy Services will release its second-quarter results today. But the firm has cancelled its press conference this evening to announce its performance, which would have coincided with the last rites of the conglomerate's chairman emeritus.
![Gadgets 360 With Technical Guruji: News of the Week [August 24, 2024]](https://c.ndtvimg.com/2024-08/dfno8l5s_news-of-the-week_640x480_24_August_24.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [August 24, 2024]")
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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.
-
Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a government source told Reuters.
-
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.
-
WazirX's Nischal Shetty Aims to Build India's Largest Decentralised Exchange Within 12 Months
This week, WazirX hosted a virtual town hall where founder Nischal Shetty shared that he is considering launching a decentralised exchange (DEX) to complement the existing WazirX platform. According to Shetty, a DEX could help mitigate the risks associated with centralised exchanges.
-
India, Qatar's Financial Intelligence Units Partner to Combat Money Laundering through Virtual Digital Assets
This week, the Financial Intelligence Units of India and the UAE met in New Delhi to finalise an agreement. The two nations committed to collaborating in efforts to prevent the misuse of crypto assets by unlawful entities for illicit financial transfers.
-
Nvidia Rolls Out Hindi-Language AI Model In India As CEO Huang Visits
Nvidia is rolling out its new small language model, dubbed Nemotron-4-Mini-Hindi-4B, with 4 billion parameters, for firms to use in developing their own AI models, the company said.
-
Nvidia Rolls Out Hindi-Language AI Model in India as CEO Jensen Huang Visits
Nvidia launched a lightweight Artificial Intelligence (AI) model on Thursday for India's widely-used Hindi language. Nvidia is rolling out its new small language model, dubbed Nemotron-4-Mini-Hindi-4B, with 4 billion parameters, for firms to use in developing their own AI models.
-
Swiggy Launches New 'Seal' Badge To Raise Food Hygiene And Quality Standards
Online food delivery firm Swiggy on Wednesday introduced the 'Swiggy Seal' initiative to raise hygiene and food quality standards among restaurant partners on its platform.
-
Paytm Gets Approval From Payments Authority To Enroll New UPI Users
The Paytm said late on Tuesday it received approval from the country's payments authority to onboard new unified payment interface (UPI) users, providing some relief for financial services firm after a central bank-ordered ban on its banking unit.
-
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.
-
"We Aren't Police...": RBI Chief Day After 4 Firms Banned From Giving Loans
Reserve Bank Governor Shaktikanta Das on Friday said that the central bank does not act like a policeman, but it maintains tight vigil on financial market and takes regulatory action whenever necessary.
-
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...
-
Redmi A4 5G With Snapdragon 4s Gen 2 Chip Unveiled at India Mobile Congress 2024
Redmi A4 5G was unveiled at the India Mobile Congress 2024 as the first entry-level smartphone with a Snapdragon 4s Gen 2 chip. The Redmi A4 5G price in India will start at under Rs. 10,000. It is expected to be one of the most affordable 5G capable smartphones in India, and will be introduced in the country in the future.
-
"Ratan Tata Had Breakfast At His Own US Hotel Without Revealing Identity": IT Firm Chairman
Expressing profound grief at the death of iconic industrialist Ratan Tata, chairman emeritus of Tata Sons and chairman of Tata Trusts at the age of 86, IBS Software Executive Chairman VK Mathews on Thursday recalled some encounters with the legend.
-
TCS Cancels Q2 Earnings Press Conference After Ratan Tata's Death
Tata Consultancy Services will release its second-quarter results today. But the firm has cancelled its press conference this evening to announce its performance, which would have coincided with the last rites of the conglomerate's chairman emeritus.
