Ex-Tesla executives-led DG Innovate enters India in joint venture with EVage Motors
New Delhi, May 8 - DG Innovate, a UK-based advanced research and development company led by former executives of Tesla, on Wednesday announced its entry in India through a joint venture (JV) with the electric truck firm EVage Motors.
Can Vijay Shekhar Sharma fix Paytm’s woes as he takes over the reins?
New Delhi, May 8 - The shares of Paytm have crashed about 50 per cent this year, amid high-profile exits, the RBI ban on certain businesses of Paytm Payments Bank Ltd (PPBL), and fresh reports about some lending partners revoking loan guarantees due
India’s data centre capacity to double to 2,000 MW by 2026, green energy is the key
Mumbai, May 8 - India's data centre capacity is set to double to reach 2000 MW by 2026, as the country transitions towards a developed market economy amid a rise in 'green energy' solutions, a report showed on Wednesday.
Gates Foundation-backed Axmed raises funds to help poor countries access critical medicines
Basel, May 8 - Axmed, a Switzerland-based B2B marketplace platform, on Wednesday announced a $2 million seed funding round to accelerate the affordability, availability, and distribution of essential and innovative medicines to low-and middle-income countries (LMICs).
5 big announcements from Apple’s ‘Let Loose’ event
New Delhi, May 8 - Apple has made big announcements at its 'Let Loose' event in which it unveiled the new iPad Pro, M4 chip, redesigned 11-inch and all-new 13-inch iPad Air with M2 chip, Final Cut Pro for iPad 2, and the
US-based Lam Research to expand chip fabrication equipment supply chain in India
Bengaluru, May 8 - As India begins its ambitious semiconductor journey under the vision of Prime Minister Narendra Modi, US-based Lam Research Corporation on Wednesday announced plans to expand its global chip fabrication equipment supply chain to include India.
China’s Chang’e-6 enters lunar orbit after near-moon braking
Beijing, May 8 - China's Chang'e-6 lunar probe has successfully entered its circumlunar orbit, the China National Space Administration (CNSA) said on Wednesday.
Will NPCI implement or extend the 30 pc cap on market share of UPI players?
New Delhi, May 8 - As digital payment platforms, PhonePe and Google Pay, continue to have a duopoly in the Unified Payments Interface (UPI) market, the deadline by the National Payments Corporation of India (NPCI) to implement a 30 per cent market share
Google launches its Wallet app in India
New Delhi, May 8 - Google on Wednesday launched its Wallet app in India, which will offer fast and secure access to everyday essentials, enabling people to conveniently store and retrieve important digital documents like boarding passes, loyalty cards, movie tickets, etc.
India-Taiwan trade may reach $25 billion via investments, tech sharing
Mumbai, May 8 - As India-Taiwan economic partnership grows significantly in recent years, the trade between the two countries may reach $25 billion via investment and technology sharing, industry leaders have said.
Why has AstraZeneca recalled Covid-19 vaccine
New Delhi, May 8 - In a significant move, pharma giant AstraZeneca has recalled its Covid-19 vaccine, made in collaboration with Oxford University, worldwide, months after admitting in the UK court about its potential rare blood clot side effect.
CarDekho Group introduces TractorsDekho for farming community
New Delhi, May 8 - Autotech company CarDekho on Wednesday launched a new online platform called TractorsDekho, that will serve the needs of the farming community by providing resources tailored specifically to tractors.
Four automakers to recall over 7,783 vehicles for faulty parts
Seoul, May 8 - Hyundai Motor, Kia and two other carmakers will recall over 7,700 vehicles due to faulty components, the transport ministry here said on Wednesday.
Samsung’s affiliate acquires French AI medtech startup Sonio
Seoul, May 8 - Samsung Electronics said on Wednesday that its medical equipment unit Samsung Medison has acquired the French artificial intelligence (AI) medtech startup Sonio, as part of its effort to expand its AI-powered healthcare solution business.
Google launches Pixel 8a with industry-first AI features in India
New Delhi, May 7 - Google on Tuesday launched its latest A-series smartphone called ‘Pixel 8a’ that is available for pre-order in India on the e-commerce platform Flipkart.
Apple launches iPad Pro with M4 chip and AI capabilities
Cupertino (California), May 7 - Apple on Tuesday refreshed its tablet line-up, with iPad Pro models housing new M4 chip and artificial intelligence (AI) capabilities.
TikTok sues US govt to block potential ban
Washington, May 8 - TikTok, an online video entertainment platform, and its Chinese parent company ByteDance have filed a legal challenge against the US government over a law forcing ByteDance to sell off the ultra-popular app or face a nationwide ban in the
Dixon Technologies’ unit partners Nokia to manufacture telecom products
New Delhi, May 7 - Homegrown Dixon Technologies' subsidiary on Monday entered into an agreement with global telecommunications company Nokia for the development and manufacturing of telecom products.
More high-level exits at Paytm, company says part of restructuring exercise
New Delhi, May 7 - Ajay Vikram Singh, Chief Business Officer (CBO) of the UPI and User Growth vertical, and Bipin Kaul, CBO, Offline Payments have stepped down from digital payments major Paytm, as senior-level exits continue at the company amid "ongoing restructuring".
Truecaller’s net sales up 8 pc in India with over 234 million daily active users
New Delhi, May 7 - Leading caller identification app Truecaller on Tuesday reported an 8 per cent increase in net sales in India in the first quarter (Q1) of the calendar year, saying that the country accounted for 74.2 per cent of the