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A Powerful Alliance for AI-Driven Progress Google has joined forces with the state of Andhra Pradesh to accelerate the adoption of artificial intelligence (AI) and machine learning (ML) technologies. This strategic partnership aims to leverage AI to address critical challenges in sectors like sustainability, healthcare, and public administration. Key Focus Areas of the Collaboration A […]

Zomato, India’s leading food delivery giant, has sparked a heated debate with its unique job posting for a Chief of Staff position. Instead of offering a traditional salary, the company is asking candidates to pay a hefty fee of Rs 20 lakh ($23,700) for the opportunity. A Controversial Move Deepinder Goyal, Zomato’s CEO, justified the

Apple, the tech giant renowned for innovation, has taken a significant step towards expanding its footprint in India. The company has established its first Research and Development (R&D) subsidiary in the country, marking a pivotal moment in its global operations. A New Era for Apple in India The newly formed subsidiary, Apple Operations India, will

ITCONS e-Solutions Ltd has become a leader in staffing and recruitment services across India. Listed on the Bombay Stock Exchange (BSE), the company has made a name for itself by providing workforce solutions to over 10 industry verticals, offering both blue-collar and white-collar staffing. With a PAN India presence, ITCONS has positioned itself as a

In a surprising turn of events, the long-standing dispute between Indian fintech giant BharatPe and its former co-founder, Ashneer Grover, has come to a close. The two parties have reached a definitive agreement that will see Grover sever all ties with the company and transfer a portion of his shares. This marks the end of

Strategic Move to Dominate the North American Economy Hotel Market Indian hospitality giant Oyo has made a significant stride in its global expansion plans by acquiring G6 Hospitality, the parent company of the iconic Motel 6 and Studio 6 brands, for a substantial $525 million. This strategic move solidifies Oyo’s position in the North American

A Private Ordering Experience Food delivery giant Swiggy has recently unveiled a new feature called “Incognito Mode,” designed to cater to users seeking privacy in their food and grocery orders. This innovative addition to the platform allows users to place orders discreetly, ensuring their purchases remain hidden from their order history. Why Choose Incognito Mode?

In a strategic move that could redefine the Indian entertainment landscape, Zomato, the leading food delivery platform, has announced the acquisition of Paytm’s entertainment ticketing business for a substantial ₹2,048 crore. This acquisition marks a significant expansion for Zomato, as it ventures into the realm of event and entertainment ticketing. The Deal: A Win-Win for

In a significant development for India’s startup ecosystem, Google Cloud has unveiled plans to establish a state-of-the-art startup hub and center of excellence in Madhya Pradesh, according to Chief Minister Mohan Yadav. This initiative, announced during a session organized by Invest Madhya Pradesh in Bengaluru on August 8, marks a pivotal step in positioning the

India’s Chipmaking Ambitions Get a Boost Tata Group, India’s industrial behemoth, is set to play a pivotal role in the nation’s burgeoning semiconductor industry. The conglomerate’s ambitious plan to establish a state-of-the-art semiconductor assembly and test facility in Assam took a significant step forward with the recent groundbreaking ceremony. A Vision Realized Announced by Tata

  Gaming giant Nazara Technologies has announced the establishment of a new subsidiary, Nazara Technologies UK Ltd, in the United Kingdom. This strategic move is aimed at expanding the company’s gaming operations in the UK and leveraging new market opportunities. Strategic Expansion in the UK Market In a recent filing, Nazara Technologies emphasized that the

In a strategic move to diversify beyond manufacturing iPhones and AI servers, Apple supplier Foxconn is reportedly set to assemble iPads in India. This significant development will take place at Foxconn’s Sriperumbudur facility in Tamil Nadu. Expanding Operations: From iPhones to iPads Foxconn, known for its extensive iPhone manufacturing operations in India, is now evaluating

Tech giant Google has signed a memorandum of understanding (MoU) with real estate developer Anant Raj to offer cutting-edge cloud computing services and data centre infrastructure to enterprises. This strategic partnership aims to leverage both companies’ strengths to meet the growing demand for digital solutions in India. Collaboration for AI-Infused Solutions Under the agreement, Anant

Ola founder Bhavish Aggarwal’s AI startup Krutrim has announced a new pricing policy for Ola Maps, offering a compelling alternative to Google Maps. This move includes five million free API calls per month for startups in India and prices that are 50% lower than Google’s rates. New Pricing Structure for Ola Maps On July 18,

Google’s parent company, Alphabet Inc., is reportedly in discussions to acquire cybersecurity upstart Wiz Inc., as revealed by a source privy to the situation. The deal could culminate in an eye-popping $23 billion, positioning it as Alphabet’s most substantial acquisition to date. Despite the ongoing negotiations, no definitive agreement has been reached, and discussions may

Bhavish Aggarwal, the visionary behind Ola, is galvanizing developers to transition from Google Maps to Ola Maps. To entice developers, Ola is offering an enticing proposition: a year of complimentary access to Ola Maps on the company’s Krutrim Cloud, supplemented with over ₹100 crore in free credits. This strategic move follows Ola’s substitution of Google

In an unexpected turn of events, Koo, the vernacular microblogging beacon once touted as India’s answer to Twitter, has ceased its operations. The announcement came via a poignant LinkedIn post by the platform’s co-founder and CEO, Aprameya Radhakrishna. The closure, while unfortunate, was not unforeseen. The company had been grappling with user traction and was

The Gujarat government has entered into a memorandum of understanding (MoU) with IBM to create an artificial intelligence (AI) cluster at the Gujarat International Finance Tec (GIFT) City. This initiative aims to leverage IBM’s GenAI platform, watsonx, to drive innovation and foster collaboration among financial institutions within the City. Under this agreement, IBM will assist

E-commerce behemoth Flipkart heralded an impressive milestone, revealing that users collectively invested over 2 million hours in its video commerce features from June 2023 to May 2024. The company disclosed that over 75 million users engaged with video content on its app between January 2024 and June 2024, utilizing the ‘Liveshop+’ and ‘Vibes’ sections. “Flipkart’s

In its recent conclave, the Goods and Services Tax Council eschewed major discussions in favor of ratifying a plethora of procedural and compliance-related measures, anticipated to provide significant relief and clarity to industries and taxpayers alike. The Council’s resolutions included extending deadlines for input tax credits, adjusting monetary thresholds for appeals within the GST Appellate

After a half-year wait subsequent to submitting a draft red herring prospectus (DRHP), Ola Electric has finally garnered approval from the Securities and Exchange Board of India (SEBI) for its ambitious initial public offering (IPO). Back in December 2023, Ola Electric lodged the DRHP with the intention of amassing Rs 5,500 crore ($660 million) via

Zomato, a major player in the foodtech industry, has confirmed ongoing discussions with Paytm to acquire its movies and ticketing business. This news comes from the latest stock exchange filings by both companies. Reports indicate that Zomato is considering an acquisition deal valued between Rs 1,600-1,750 crore ($190-210 million). In its filing, Zomato stated, “We

Bengaluru’s innovative neobanking venture, Jupiter Secures RBI Wallet License from the Reserve Bank of India (RBI). This significant achievement empowers the startup to extend digital wallet services to its clientele, facilitating UPI payments, fund transfers, and bill payments with ease. Unveiling the Prepaid Account Feature With this PPI license in hand, Jupiter is poised to

Hemesh Singh, co-founder and Chief Technology Officer (CTO) of Unacademy, has announced his departure from the executive role at the educational technology behemoth. Singh communicated his decision via the social media platform X (formerly known as Twitter) on Saturday, stating he would transition into an advisory capacity. In his candid post, Singh articulated his choice

Amidst financial constraints, BYJU’S has implemented a sweeping reduction in the fixed salaries for new sales recruits by more than 90%, according to numerous sources. This change follows the recent decision to tether sales staff remuneration to their performance metrics from the previous month. has examined offer letters extended to various inside sales associates in

In India’s financial technology narrative, a singular application has emerged as the nexus of multiple services. Now, Jio Financial Services (JFS) is set to unveil its own multifaceted app, potentially redefining the market landscape. With the introduction of the ‘JioFinance’ application, JFS aims to amalgamate digital banking, UPI, bill payments, and insurance advisory into one

Indian space startup Agnikul Cosmos has successfully launched its first sub-orbital test vehicle, powered by the world’s first single-piece 3D-printed rocket engine. This remarkable achievement came after four previous launch attempts were called off. The Indian Space Research Organisation (ISRO) congratulated Agnikul, stating it is “a major milestone, as the first-ever controlled flight of a

In a notable resolution, fintech titans BharatPe and PhonePe have harmoniously concluded their protracted legal skirmishes concerning the ‘Pe’ suffix trademark. These companies had been ensnared in extensive judicial conflicts spanning half a decade, litigating in various courts. This settlement heralds the cessation of all ongoing legal proceedings. Progressing forward, PhonePe and BharatPe have initiated

Airtel Payments Bank has reported an impressive growth in net profit, which surged by over 60% to INR 34.5 crore for the financial year 2023-24 (FY24), up from INR 21.1 crore in FY23. This substantial increase can be attributed to the robust expansion in both transacting user numbers and payment volumes. The bank’s revenue also

Karthik Gupta, the Chief Financial Officer of ANI Technologies, the parent conglomerate of Ola Cabs, has tendered his resignation after a brief stint of seven months. This move forms a part of a comprehensive overhaul within the organization, as corroborated by an Ola representative. “As a segment of our ongoing reorganization, Ola Mobility CFO Karthik