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Tata Electronics Starts Exporting Semiconductor Chip Samples To Partners In Japan, US And Europe

India, May 7 -- Tata Electronics Ltd has started exporting semiconductor chips packaged at a pilot line within its Bengaluru-based research and development centre, a move anticipated to enhance India'... Read More


India-Centric Open Cloud Compute Network Brings Together Tech Giants, AI Startups

India, May 7 -- Nandan Nilekani-backed non-profit people+ai has reportedly brought together a consortium of 24 global tech companies and organisations as part of an open cloud compute (OCC) project. ... Read More


India To Link UPI To Ghana's Interbank System In Six Months

India, May 7 -- India and Ghana have agreed to "expeditiously" operationalise the homegrown unified payments interface (UPI) on Ghana interbank payment and settlement systems (GHIPSS) in the next six ... Read More


Pine Labs-Owned Setu Partners SarvamAI To Build LLM For Financial Services

India, May 7 -- Pine Labs-owned Setu on Tuesday (May 7) claims to have launched India's first large language model (LLM) specifically designed for the banking and financial services industry (BFSI) se... Read More


EMotorad To Construct Gigafactory To Make 5 Lakh Electric Cycles Annually

India, May 7 -- EV startup EMotorad has announced that it will build the world's largest electric cycle gigafactory at its current location in Pune. The gigafactory will be completed in four phases w... Read More


Hexaware Snaps Up Softcrylic To Boost Its Data And Analytics Capabilities

India, May 7 -- Mumbai-based digital solutions provider Hexaware Technologies has bought Minneapolis-based data consulting firm Softcrylic for an undisclosed sum. Hexaware said in a statement that wi... Read More


Reliance Deal Dented Disney India's Business By $2 Bn

India, May 7 -- In its financial report for the second quarter of 2024, US based entertainment major Walt Disney said it incurred over $2 Bn charges due to goodwill impairments related to Star India a... Read More


PB Fintech Q4: Profit Jumps 62% QoQ To INR 60.2 Cr

India, May 7 -- PB Fintech, the parent company of insurtech platform Policybazaar, posted a consolidated net profit of INR 60.2 Cr in the March quarter (Q4) of the financial year 2023-24 (FY24) as aga... Read More


GreenCell Mobility Bags Credit Of INR 307 Cr For UP Ebus Project

India, May 7 -- Shared electric mobility startup GreenCell Mobility has bagged green financing of INR 307 Cr (around $36.7 Mn) from Sumitomo Mitsui Banking Corporation (SMBC) for its electric bus proj... Read More


Inside Paytm's Big Reset: CEO Vijay Shekhar Sharma Takes Charge Of Key Verticals As Leaders Exit

India, May 7 -- Vijay Shekhar Sharma is once again taking charge of Paytm in a big way amid a major restructuring move at the fintech giant. The founder and CEO is expected to work directly with new l... Read More