Nitin Konde

Chaya Nayak: Indian-Origin AI Expert Behind Llama Joins OpenAI After 9 Years at Meta

Nayak spent her ten years there working on initiatives that used AI and data to solve practical problems.

OpenAI to Invest in 1 GW Data Centre in India, Strengthening Local Presence

The startup that created ChatGPT, OpenAI, is looking for regional partners to establish a data centre in India. According to Reuters, which cited Bloomberg News, it seeks to have a capacity of at least one gigawatt. Microsoft Partnership & Stargate AI Infrastructure With Microsoft's support, OpenAI has established

Tata Capital Plans $2 Bn IPO in Last Week of September, Aims for $11 Bn Valuation

According to various media reports, Tata Capital, a non-banking financial company (NBFC), is scheduled to commence its much-awaited $2 billion (INR 17,200 crore) IPO the week of September 22. Reports said that the corporation is anticipated to be worth approximately $11 billion as a result of the issue. Tata

MPL to Layoff 60% Staff as India’s Ban on Paid Online Games Hits Revenue

The Mobile Premier League (MPL), one of the largest gaming businesses in India, has announced significant employment layoffs as a result of the country's decision to ban paid online games. MPL to Lay Off 60% Staff as India Bans Paid Online Games Reuters reports that the Bengaluru-based startup

Xiaomi Faces Legal Notices from Apple and Samsung Over Comparative Ads in India

Xiaomi, a Chinese smartphone manufacturer, has received separate legal notices from Apple and Samsung for its commercials in India that contrasted its devices with those of the two companies. Legal Notices Over Comparative Marketing According to ET, which cited sources, the two smartphone manufacturers took this action to preserve the

Dream11’s FanCode to Exit Sports Merchandise Business in India by October 2025

By October of this year, Dream11 parent company Dream Sports' sports media startup FanCode plans to close its online sports retail store, FanCode Shop. According to a statement from FanCode, the startup chose to close its sports merchandise division in June and reallocate funds to its main content business.

Surgical Robot Maker Intuitive to Layoff 331 Employees at Sunnyvale Headquarters

According to a US state filing last week, medical robot maker Intuitive Surgical may fire up to 331 employees from its Sunnyvale headquarters facility. By the end of October, the Santa Clara-based corporation will be laying off employees at 1050 Kifer Road, which is adjacent to its main headquarters facility

FedEx Supply Chain Layoffs in Memphis to Impact Over 600 Employees, WARN Notice Confirms

As part of a business shift, FedEx Supply Chain in Memphis will lay off over 600 employees. On August 27, the logistics colossus with headquarters in Memphis submitted a WARN notification (Worker Adjustment and Retraining Notification). FedEx informed the agency that 611 workers at its operations at 4155 Quest Way

Google Alerts 2.5B Gmail Users After Major Hacking Breach – What You Need to Do

Since password hackers have carried out a considerable number of "successful intrusions", Google has advised the majority of its 2.5 billion Gmail users to reset their passwords and improve account security. Users are being advised to adopt additional security measures, such as two-factor authentication, if they haven&

BNP Paribas Buys INR 3,200 Cr Stake in Eternal (Zomato Parent), Sells INR 1,158 Cr in Swiggy

In a block deal on 26 August, BNP Paribas Financial Markets purchased 10.12 Cr shares of Zomato parent company Eternal and sold 2.69 Cr shares of rival Swiggy. According to NSE records, BNP Paribas paid INR 318.1 per share for Eternal shares, making the acquisition worth approximately

Apple and Jio Bring RCS Messaging to iPhones in India: iMessage-Style Texting Explained

According to reports, tech titan Apple and Reliance Jio have teamed up to provide Jio customers Rich Communication Services (RCS) texting on iPhones. According to ET's story, which cited sources, this partnership will enable Jio customers on iPhones to send iMessage-style "blue tick" RCS texts with

Delhi Govt Announces INR 200 Cr Venture Capital Fund in New Startup Policy 2025

In order to assist and facilitate the formation of at least 5,000 startups by 2035, the Delhi government has produced the draft "Delhi Startup Policy, 2025". The government plans to launch a venture capital fund with a value of INR 200 Cr under the draft policy. Benefits

Google to Block Unverified Android APKs from 2026: What It Means for Developers and Users

A big update that Google has revealed for Android might drastically affect how apps are deployed on the platform. The business will mandate that verified developers register all apps on certified Android devices beginning in September 2026. Users will no longer be able to sideload programs from unidentified or unconfirmed

Apple to Open New Pune Store on Sept 4: Fourth Retail Outlet in India as iPhone Demand Surges

Apple announced on 26 August that it will establish its fourth location in India next week, this time in Pune. The tech company that makes iPhones has significantly expanded its retail presence in India with the opening of the new Apple shop in Pune. According to the firm, the new

Eternal (Zomato & Blinkit Owner) Faces INR 40 Crore GST Demand Orders; Apparel Industry Seeks Tax Relief

Eternal, the owner of the Zomato and Blinkit brands, has been subject to three notices from the Goods and Services Tax department. The orders amount to more than INR 40 crore in tax demands, including interest and penalties, as reported by PTI. According to the report, the Joint Commissioner-4 Bengaluru

Dream11 Revenue Crash: 95% Drop After India’s Online Gaming Ban — CEO Harsh Jain Rules Out Layoffs

Harsh Jain, Dream Sports' co-founder and CEO of Dream11, stated that there won't be any layoffs even though the company has switched to free-to-play games after the government outlawed online gaming that requires payment. Harsh Jain’s Assurance: No Layoffs at Dream Sports According to him, Dream

TikTok Layoffs 2025: Hundreds of UK Jobs Cut Amid Global Restructuring and AI Shift

The Wall Street Journal report, which cited internal sources, claims that TikTok has started a new round of layoffs that would impact workers in the UK as the company works towards artificial intelligence to automate content filtering.  The activities of TikTok in South and Southeast Asia will also be impacted

RBI Ready to Support Tariff-Hit Sectors, Says Governor Malhotra

In the event that US President Donald Trump's tariffs take effect, the Reserve Bank of India (RBI), as it has in the past, will intervene and offer financial assistance to the most severely affected industries to help them weather the storm, RBI Governor Sanjay Malhotra stated in Mumbai

Elon Musk’s xAI and X File Lawsuit Against Apple and OpenAI in Texas Over AI Competition and Rankings

Apple and OpenAI were sued on 25 August in a U.S. federal court in Texas by Elon Musk's AI startup xAI and his social network business X. They allegedly accused Apple and OpenAI of illegally collaborating to stifle competition in the field of artificial intelligence. Allegations of

Uber CEO Khosrowshahi Says Rapido Surpasses Ola as Biggest Rival in India

According to Uber CEO Dara Khosrowshahi, Rapido has surpassed Ola in the category and is now the company's fiercest rival in India. "Ola used to be our biggest rival. Rapido is, in my opinion, the more formidable rival in India right now. They aggressively entered the two-wheeler

Bank of India Declares Anil Ambani and Reliance Communications as Fraud Accounts After SBI

In a regulatory filing, Bank of India, following State Bank of India, designated Reliance Communications' loan account as fraudulent and named its former director, Anil Ambani, on the basis of alleged fund diversion in 2016. Ambani retaliated against the Bank of India, claiming that its actions were biased and

SMBC Secures RBI Nod to Acquire 24.99% Stake in Yes Bank

The Reserve Bank of India (RBI) has approved a plan by Japanese lender Sumitomo Mitsui Banking Corporation to purchase up to 24.99% of the private sector lender, Yes Bank announced on 23 August. In the biggest cross-border investment in the Indian banking industry, the Japanese lender declared in May

Apple to Launch Foldable iPhone in 2026 with Touch ID and Quad-Camera Setup

According to Bloomberg, Apple is preparing a significant overhaul of its iPhone portfolio, with a foldable iPhone anticipated in 2026. Code-named V68, the device is said to include four cameras: two on the back, one within, and one on the front. It will open like a little tablet. Quad-Camera Setup

Stellaris-Backed BeepKart Shuts Operations Amid Funding Winter in India

The four-year journey that once promised to revolutionise India's pre-owned two-wheeler business has come to an end with the closure of Bengaluru-based Beepkart. According to a statement posted on the startup's website, BeepKart is still totally dedicated to helping its current clients. We appreciate your participation