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Paytm gets third party licence to continue with UPI
Paytm owner One97 Communications Limited has received a third party licence from the Indian government which will enable it to continue...
Mar 15, 20242 min read


Apple shelves car dream after spending billions
Apple reportedly invested around $1 billion annually into its car project, and employed thousands of staff, before abruptly halting it...
Mar 11, 20242 min read


Nikon acquires video camera pioneer Red
Nikon Corporation has acquired 100 per cent ownership of popular video camera company RED.com, LLC (RED) for an undisclosed amount. Upon...
Mar 8, 20242 min read


Nvidia crosses $2 trillion in market value as AI-backed rally continues
Nvidia's market value crossed the $2 trillion mark for the first time as an AI-driven surge got a boost on Wall Street. The uptick came...
Mar 2, 20242 min read


India greenlights 3 semiconductor plants with $15.2 billion investment
The Indian government has shown green light to the construction of three semiconductor plants with an investment of Rs 1.26 trillion...
Mar 1, 20241 min read


RBI nod to Paytm to migrate payment business to other banks
The Reserve Bank of India (RBI) has granted the approval for Paytm to shift its UPI-based payments operations from Paytm Payments Bank to...
Feb 24, 20242 min read


Reddit plans to issue shares to 'most active' users
Reddit is considering selling a portion of its IPO shares directly to approximately 75,000 of its most active users. Sources familiar...
Feb 23, 20242 min read


Wipro partners with Intel Foundry to ramp up semiconductor operations
Wipro Limited on Friday announced an expanded collaboration with Intel Foundry to expedite chip design innovation amid increased demand...
Feb 21, 20241 min read


Indian tech sector growth set to halve this fiscal: Nasscom
India's technology sector anticipates a decelerated growth trajectory this fiscal year, with clients exercising caution in spending and...
Feb 17, 20242 min read


OpenAI valued at $80 billion after deal
OpenAI has finalized a deal that appraises its market value at $80 billion or higher, as disclosed by three individuals familiar with the...
Feb 17, 20241 min read


Israeli firm to set up $8 billion chip factory in India
Tower Semiconductor, an Israeli chip manufacturing company, has proposed an $8 billion investment to construct a chip manufacturing...
Feb 12, 20241 min read


Excess scrutiny of Chinese firms driving away suppliers: Xiaomi to India
China's Xiaomi has in a letter told Indian government that its scrutiny of Chinese companies is driving away suppliers. According to...
Feb 11, 20241 min read
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