Masayoshi Son, Founder and CEO of Japanese investment group Softbank, on Monday warned unicorns and startups to prepare for a harsh and longer funding winter ahead, as the company posted disastrous results for the second straight quarter this year. New Delhi, Aug 8 ,...
The Indian government is reportedly planning to put curbs on China-based smartphone players from selling low-end smartphones (less that Rs 12,000) to give a much-needed boost to homegrown brands like Micromax, Lava, Karbonn and others. New Delhi, Aug 8, 2022: The...
In his letter to shareholders, Mukesh Ambani, Chairman and Managing Director, Reliance Industries, said "we entered into a series of partnerships, including equity investments, with local and international corporates with unique technological and execution...
Amazon Web Services (AWS) and chip-maker Intel recently hosted the 'CXO Mixer' event here to empower govtech and edtech startups, enabling them in their cloud journey to scale, transform and excel. Hyderabad, Aug 8, 2022: Amazon Web Services (AWS) and chip-maker...
Food delivery company Zomato Ltd has said it was sticking to its original issue price of Rs 70.76 per share for the acquisition of Blink Commerce Private Ltd ("Blinkit"). Chennai, Aug 6, 2022: Food delivery company Zomato Ltd has said it was sticking to its original...
Ransomware will become a much more fragmented ecosystem in the second half of this year, with many small and medium groups instead of a few large ones to hide in plain sight more effectively, a new research has said. New Delhi, Aug 6,2022: Ransomware will become a...
A Mumbai-bound Vistara flight returned to Varanasi after it suffered a bird hit, Aviation regulator DGCA said. New Delhi, Aug 6, 2022: A Mumbai-bound Vistara flight returned to Varanasi after it suffered a bird hit, Aviation regulator DGCA said. Vistara A320 aircraft...
For Chinese processing and manufacturing enterprises that originally tried to make India an overseas product-processing centre, if it is indeed increasingly difficult and unprofitable to operate in the country, then withdrawing from India is also an available option,...
Digital financial services giant One97 Communications, that operates the brand Paytm, on Friday reported its Q1FY23 results, where it saw a massive jump in revenue from operations driven by strong monetiSation in payments, device subscriptions and accelerated adoption...
Tech billionaire Elon Musk has hinted that Tesla would probably build "at least 10 or 12 gigafactories" in years to come, teasing another gigafactory location to be chosen later this year. San Francisco, Aug 5,2022: Tech billionaire Elon Musk has hinted that Tesla...