Cybersecurity professionals and security agencies are keeping a close eye on Indian cyberspace to look for any infiltration from malicious actors in the wake of the Pahalgam terrorist assault, which has increased geopolitical tensions between India and Pakistan. Cybersecurity professionals and authorities are actively scanning cyberspace to identify any new
According to LiveLaw, the Delhi High Court on 5 May denied an interim injunction petition that the IPL team Royal Challengers Bangalore (RCB) had brought against Uber Moto over a purportedly offensive YouTube ad that featured Travis Head of Sunrisers Hyderabad (SRH). RCB's request for an interim injunction
According to a media outlet, Tata Consultancy Services (TCS) has cut top staff' variable pay for the January–March quarter. The top software exporter in the nation has reduced variable pay for some employees for the third consecutive quarter. As per a TCS employee cited in the paper, variable
The massive Japanese bank Sumitomo Mitsui Banking Corp. (SMBC) is in advanced negotiations to purchase a sizeable portion of YES Bank. The State Bank of India (SBI), which owns 24% of YES Bank and has been looking for a long-term buyer since the bank's turnaround since its bailout
Evera Cabs, an app-based electric taxi service provider, announced on 5 May that it has begun the process of reclaiming 500 electric taxis that were formerly run by the troubled BluSmart. According to a statement from Evera Cabs, 220 cars have already been purchased, and the remaining 280 will be
Chhattisgarh Chief Minister Vishnu Deo Sai laid the cornerstone for the nation's first artificial intelligence-based data centre park in Sector-22 of Nava Raipur on 3 May. The state-of-the-art complex, which spans 13.5 acres, is expected to put Chhattisgarh in the forefront of India's technical advancement.
For INR 16.9 Cr (about $2 Mn), the skilling startup FinX, which focuses on financial services, has purchased a 100% share in the Bombay Stock Exchange's training division, BSE Institute. According to a statement from FinX, the acquisition would allow the company to increase the number of
According to reports, Tata Electronics is in talks to add NXP Semiconductors, a leading semiconductor design company, as a major client. Through their agreement, Tata will manufacture NXP's products at its outsourced semiconductor assembly and test (OSAT) facility in Assam and its future semiconductor fab factory in Gujarat.
As part of the ongoing restructuring, Ola founder Bhavish Aggarwal wants to move ANI Technologies' intellectual property (IP) rights to the Ola name to a holding firm run by his family office. As the larger markets and sectors change, Ola's spokesman informed a media outlet that the
Weeks after the EV ride-hailing company abruptly suspended operations, hundreds of BluSmart driver partners have started protesting throughout Delhi-NCR, calling for compensation and alternative employment. The drivers, many of whom call BluSmart the best platform they've ever used, claimed they were left in the dark about unpaid invoices
Swiggy Genie, its citywide delivery service, has been suspended. In the majority of places, the Swiggy app does not display the service, which was operational in about 70 Indian towns. A notice stating that the Swiggy Genie service is "temporarily unavailable" appears at a few spots where it
Within seven months of its start, foodtech giant Swiggy has now brought its 10-minute meal delivery service, Bolt, to more than 500 Indian cities. The service, which was previously available in six top-tier cities, has now spread to tier II and III cities. "Powered by a network of over
According to a document seen by a media house, India's markets regulator has accused Pranav Adani, the nephew of the billionaire founder and a director of many Adani Group firms, of sharing price-sensitive information and violating laws meant to stop insider trading. According to a report, the Securities
Microsoft has said that it will shut down Skype, its video-calling service, on May 5 of next week. Skype was one of the most popular video-calling platforms in the last two decades when it was launched in 2003. However, the emergence of WhatsApp and FaceTime for video calling, which increased
According to reports, the Karnataka state government has no intention of revising its March 2024 ruling banning bike taxi activities, despite the state's imminent prohibition on the service. The Karnataka High Court has extended the deadline for stopping bike taxi services till June 15; however, the prohibition is
According to its draft red herring prospectus (DRHP), PO-bound consumer services startup Urban Company has started to wind down its step-down subsidiary in Saudi Arabia since it was unable to turn a profit. The startup in consumer services announced that it has begun moving its operations in Saudi Arabia to
Cognizant, a provider of information technology (IT) services, intends to hire 20,000 new hires by 2025. The company wants to broaden its talent pyramid and get ready for managed services and software development driven by artificial intelligence (AI). "Since we are now receiving a lot of work related
With an emphasis on Townhouse by OYO-branded hotels, Oyo has declared its intention to enter the food and beverage industry. It plans achieve this goal by establishing in-house kitchens and Quick Service Restaurant (QSR) carts/lobby stores at its company-serviced hotels, the firm said on May 1. According to Oyo,
Although LG left the smartphone industry in 2021, the firm promised that its customers would receive three years of support in all formats. That is now over, and the business is telling its customers about the significant announcement that will take effect in July 2025. LG has said that it
Cricket players Rohit Sharma and Jasprit Bumrah, together with Bollywood actors Ranbir Kapoor, Karan Johar, Bimal Parekh and Aamir Khan, have invested in the pre-IPO round of power transmission company Karamtara Engineering. Backwards-integrated, Karamtara Engineering produces goods for the transmission lines and renewable energy industries. It can act as a
Adani Group, a ports-to-power conglomerate led by Gautam Adani, has apparently halted talks for a $10 billion semiconductor collaboration with Tower Semiconductor of Israel. The move came after an internal assessment that found the idea currently lacked strategic and commercial feasibility, according to a media report. Adani Group's
Google has said that it will change its performance grading system to give higher bonuses and stock awards to top performers while possibly cutting lower-performing employees' pay. The vice president of worldwide compensation and benefits at Google, John Casey, told staff members in an email headlined "Strengthening our
Just in time for the Akshaya Tritiya festival, Swiggy's quick commerce vertical, Instamart, has teamed up with Kalyan Jewellers to provide quick doorstep delivery of gold and silver coins in over 100 cities. Through the fast commerce platform, clients will be able to order 24-karat BIS-hallmarked gold coins
UPS announced on April 29 that it would eliminate 20,000 positions this year, or around 4% of its global workforce. However, UPS clarified that the decision has nothing to do with tariffs and is instead the result of a previously declared goal to reduce its Amazon business and increase