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A strategic relationship aimed at improving AI-driven digital twin technologies has begun with the signing of a Letter of Intent (LoI) between the Department of Telecommunications (DoT) and the International Telecommunication Union (ITU). The goals of this partnership are to advance sustainable development, create international standards, and stimulate innovation in
📝Interviews
In this interview, Vikram Prabakar, Chief Technology Officer at Recykal, tells about Recykal's waste management. To support India’s shift toward a circular economy. Prabakar explains key initiatives like the EPR Compliance Platform and Recykal8 Marketplace, which improve transparency and efficiency in the waste sector. Vikram Prabakar lastly
The largest digital payments provider in India, PhonePe, on 17 February, announced the release of PhonePe SafeCard, a tokenisation solution for credit and debit card transactions conducted online. Both PhonePe customers and merchant partners will be able to continue enjoying the ease of stored card transactions with enhanced security and
More than a year after rival Rapido extended its subscription fee-based strategy to vehicles, ride-hailing service provider Uber has introduced a software-as-a-service (SaaS)-based zero commission model for drivers throughout India. According to a notice on the app, Uber will only serve as a technological platform that links passengers and
On February 18, India's Commerce Minister Piyush Goyal stated that the country wants to expand its commerce with Qatar beyond energy supplies to include semiconductors and artificial intelligence (AI). At the first meeting of the India-Qatar Business Forum on February 18, Goyal stated that while India welcomes energy
Tesla CEO Elon Musk, a pivotal figure in the Trump administration, met with Prime Minister Narendra Modi less than a week ago to discuss a bilateral roadmap for enhancing technology ties. However, Tesla has taken a big step by starting its employment process in India in this short time frame
After Prime Minister Narendra Modi and President Donald Trump met at the White House, India and the US announced significant efforts aimed at promoting collaboration in emerging technologies, artificial intelligence, and civil space. The US-India TRUST program, an AI infrastructure roadmap, and the INDUS Innovation platform to promote collaborations in
By September or October of this year, Ashwini Vaishnaw, the minister of information technology, anticipates that the first "made-in-India" chip will be released from a commercial factory. The minister made the remarks during a media appearance in Bengaluru on February 15, according to various media reports. Notably, Tata
According to those briefed on the subject, Lenskart is contemplating a possible $10 billion valuation for its impending initial public offering (IPO), which is quadruple that of its most recent investment round. According to the omnichannel eyeglasses store, the brand is planning to file draft papers in May. In recent
At a time when the nation is struggling with increasing traffic in major cities, the ePlane Company, an Indian electric aircraft company, announced on17 February that it has committed to deliver 788 air ambulances in a deal worth over $1 billion. It will provide the electric vertical takeoff and landing
On February 17, the foodtech juggernaut Zomato introduced Nugget, an AI-powered customer service tool. Deepinder Goyal, the founder, shared the news on the social media site X. "With its high degree of customisation, low cost, and lack of a development team, Nugget helps businesses scale support with ease."
In order to resolve a case with SEBI about alleged violations of the standards for the technical fault framework, Paytm Money, the wealthtech subsidiary of Paytm, has paid a fine of INR 45.50 lakh. The market's watchdog stated in a settlement decision that it had sent Paytm
According to a media outlet, OpenAI, the company behind ChatGPT, has started the process of establishing data centre operations in India. Data from users in India and a few of its smaller bordering nations is probably stored at the hub. According to sources cited in the story, OpenAI is now
Feedback on the draft Digital Personal Data Protection (DPDP) Rules, 2025, is due in 15 days, according to reports from the Ministry of Electronics and Information Technology (MeitY). The deadline will be moved from February 18 to March 3, 2025, a government official told a media house. An official notification
A renowned media house reported on 14 February that Donald Trump's decision to repeal the so-called "de minimis" criteria is likely to delay fast-fashion company Shein's plans to float on the UK stock exchange until the second half of this year. According to reports
JioStar, the recently established joint venture between Viacom18 and Star India, has formally announced the debut of JioHotstar, a single streaming platform that combines JioCinema and Disney+ Hotstar, putting an end to months of suspense. By combining a sizable content collection from the two streaming behemoths under one roof, the
According to reports, the Enforcement Directorate (ED) made one of the largest seizures in a single search operation by an Indian agency, seizing assets valued at INR 1,646 Cr ($189.5 Mn). According to a media report, the operation was a component of a US-led probe into a $2.
Jio Platforms Limited and Confluent, a data streaming business based in California, have teamed together to promote the growth of real-time and GenAI use cases in India. Jio Cloud Services will offer Confluent Cloud as part of the deal, enabling companies in India to begin using data streaming without any
According to the Reserve Bank of India (RBI), Kotak Mahindra Bank is now free to continue issuing new credit cards and onboarding new clients online after restrictions were removed. This follows the RBI's decision in April of last year to stop Kotak Mahindra Bank from accepting new clients
Major Indian media organisations have attempted to join a copyright case against OpenAI, the firm behind the well-known AI chatbot ChatGPT, but OpenAI is retaliating. A media report claims that the company has contended in a recent court filing that it is not required to sign into licensing agreements with
According to Bobby Murphy, global chief technology officer (CTO) of Snapchat, the augmented reality (AR) developer ecosystem in India has expanded by over 50% over the last two years. Murphy added that the nation produced the most lenses posted on Snapchat while speaking at the second annual India AR Day
According to reports, Aakash Education Services Limited (AESL) and its majority investors have requested the National Company Law Tribunal (NCLT) to deny Glas Trust's request to join a lawsuit that aims to prevent the coaching chain from taking away the minority owners' reserved rights. The coaching division
E-commerce giant Amazon has begun implementing its 10-minute delivery service, Amazon Now, in a few Bengaluru pincodes, weeks after testing it internally with staff members. According to a media report, which cited people with knowledge of the situation, the corporation plans to extend its rapid commerce services into further regions
✍️ Opinions
This article has been contributed by Ajay Adiseshann, Founder MD & CEO, PayMate. Not long ago, B2B payments were a herculean task—paper checks, endless invoices, and back office systems that felt like they belonged in the 19th century. It was all about “paying and getting paid.” Fast forward to