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Six innovative firms have been chosen as part of the fifth cohort of the Applied Startup Technology & Research Accelerator (ASTRA) by Applied Ventures, LLC, the venture capital division of Applied Materials, Inc., in partnership with Applied Materials India Private Limited. The programme aims to speed up the creation of
After a customer's e-scooter was discovered to be defective, the District Consumer Disputes Redressal Commission in Ranga Reddy, Telangana, ordered Ola Electric to reimburse INR 1,63,986 with interest and provide INR 10,000 in compensation. Following persistent issues with his Ola S1 Pro since its delivery
Paytm, a major player in digital payments, has introduced a new feature that lets users download UPI statements straight from the app. By providing transaction data in an easily readable, downloadable PDF format, this update seeks to simplify the process of keeping track of spending and being ready to file
More than 75 anchor investors have contributed about INR 5,085 crore (about $600 million) to Swiggy, one of the top food and grocery delivery services in India. The Bengaluru-based business, which rivals Zomato, which is run by Deepinder Goyal, revealed the investment in a stock exchange filing on 5
In the midst of its ongoing legal battle with a national news agency, the Indian government has placed the online encyclopaedia Wikipedia under notice. The government has complained to Wikipedia on multiple occasions about the website's bias and falsehoods. The government has also reportedly indicated that a small
In an effort to democratise financial services nationwide, WeCredit, an Udaipur-based firm, has joined the ONDC (Open Network for Digital Commerce) Network, which is supported by the Indian government, as a Buyer App. According to the press note, the strategic integration will make it possible for users—both people and
According to various media reports, the Food Safety and Standards Authority of India will meet with important representatives from the main rapid commerce platforms, such as Blinkit, Swiggy, Instamart, and Zepto, within the next ten days. Reports further state that the main goal of the discussion is to address the
On November 5, 2024, Pixxel, a space start-up located in Bengaluru, revealed Fireflies, its flagship commercial hyperspectral satellites scheduled for launch in the first part of the next year. Established by Awais Ahmed, the start-up intends to deploy a constellation of six Fireflies satellites to monitor the earth in over
Dixon Technologies, a manufacturer of electronics hardware, announced on 5 November 2024 that Dixon Teletech, a wholly-owned subsidiary, would be incorporated to produce parts for IT hardware products. With orders from the top four laptop brands in the nation—HP, Lenovo, Acer, and Asus—the contract manufacturer is establishing facilities
Investors are being cautioned by the Securities and Exchange Board of India (SEBI) about unapproved virtual trading and gaming platforms that provide services and advice based on stock prices. SEBI underlined that these platforms breach important investor protection regulations and function without regulatory license. "The Securities and Exchange Board
Due to a growing number of subscribers and a more robust selection of local content, Netflix's India division saw a notable increase in net profit and revenue for the fiscal year that ended on March 31, 2024 (FY24). According to the company's most recent filing with
On November 4, 2024, Zomato's CEO, Deepinder Goyal, claimed that a "manual typing error on the vendor's side" was the reason behind the discovery of 90 packets of button mushrooms branded with a "future packing date" during a food safety regulator'