India's ubiquitous Unified Payments Interface (UPI) system is facing a shift. The government has reduced subsidies for small-value transactions, impacting the financial institutions that process these payments. This move, while…
A new proposal from a Democratic senator aims to navigate the precarious position of TikTok in the US. Facing potential bans due to national security concerns surrounding its Chinese ownership,…
The Indian quick commerce market is heating up, with major players vying for dominance in the ultra-fast delivery space. Swiggy, already a significant player in food delivery, has acknowledged the…
The digital landscape is witnessing a troubling trend: the convergence of ransomware attacks and hacktivism. Cybercriminals are increasingly blurring the lines between financially motivated attacks and those driven by political…
Neo Asset Management, a player in the Indian investment scene, has successfully secured an initial Rs 2,000 crore commitment for its new secondary fund. This substantial first close signifies strong…
India's push to bolster its domestic semiconductor industry received a significant boost. The government recently greenlit financial aid for 23 companies actively engaged in chipset development. This initiative, announced by…
Sharpsell, a company specializing in AI-powered sales enablement, has secured a significant investment. The startup recently closed a funding round totaling Rs 30 crore. This injection of capital will likely…
Global corporations are increasingly adopting a "hub plus one" strategy to mitigate the risks associated with over-reliance on single data centers or geographic locations. This approach involves establishing a primary…
A Moscow court recently levied a fine against Zoom Video Communications for non-compliance with Russian internet regulations. The specifics of the regulations violated haven't been publicly detailed, but the penalty…
Streaming giant Spotify has announced a significant boost in its paid subscriber base. The company reported a 12% increase in the number of users opting for premium subscriptions, signaling continued…
Blusmart Mobility, a player in the Indian electric vehicle market, faces a significant setback. The National Company Law Tribunal (NCLT) in Ahmedabad has accepted insolvency petitions filed against the company.…
Honasa Consumer, the parent company of popular beauty brands like Mamaearth and The Derma Co., is charting a course beyond its established skincare and beauty markets. The company recognizes the…
The Indian tech sector is facing a period of significant change, according to the National Association of Software and Service Companies (Nasscom). The industry is at a turning point, and…
Larsen & Toubro Technology Services (LTTS) has secured a significant contract valued at $60 million from a major US telecommunications company. This substantial deal underscores LTTS's growing presence in the…
OpenAI CEO Sam Altman recently highlighted a crucial aspect of AI's role in healthcare: while artificial intelligence may soon surpass human doctors in diagnostic accuracy, the human element of trust…
Indian AI startup Krutrim has announced a second round of layoffs, impacting over 100 employees. This follows an earlier round of job cuts, signaling a challenging period for the company.…
The ongoing saga surrounding TikTok's presence in the US took another turn with a recent statement from the US Commerce Secretary. While acknowledging former President Trump's fondness for the popular…
India's leading IT companies have reported modest growth in their first-quarter earnings, signaling a potential slowdown in the sector. Revenue increases remained within the single-digit range, a figure that falls…
Google's Gemini AI is expanding its creative capabilities, demonstrating a new skill: generating crochet-style visuals from text prompts. This exciting development showcases the growing sophistication of AI image generation, moving…
The fast-fashion industry, known for its rapid production cycles and frequent trends, is facing a significant challenge: high return rates. To combat this costly issue, many brands are turning to…