Jio Emerges as World’s Largest Telecom Operator; Profits up by 12%
Reliance Jio has emerged as the largest telecom operator in terms of data usage, striking a net profit of Rs. 5,445 crore for the first quarter of Fiscal Year 2024-25.…
Ola Maps Launches Competitive Pricing Strategy Amid Google Maps’ Rate Cuts
Bhavish Aggarwal's AI startup ‘Krutrim’ has introduced a new pricing strategy for Ola Maps which challenges the dominance of Google Maps in India. The strategy was announced on 18th, July…
Gold shines bright in India, prices soar amid inflation and global tension
India's gold prices climbed substantially on Wednesday and the data analysis done by FXStreet calculated the price, on average, at 6,359.17 Indian Rupees (INR) per gram as compared to 6,345.91…
Reliance & Disney Joint Venture to Merge India’s OTT & TV Business
Reliance Industries and The Walt Disney Corporation have officially announced a strategic joint venture to merge the digital streaming and television business of Viacom18 and Star India. This will create…
Government Amends IT Rules; Allows Home Secretary To Issue Order For Destroying Digital Records
The Information Technology rules have been amended by the Central Government, and now the power of destroying records of interception has been handed over to the Union Home Secretary or…
Paytm explains future plan as Vijay Shekhar Sharma steps down
One97 Communications Limited, the parent company of the fintech giant Paytm, has clarified that the resignation of Vijay Shekhar Sharma was made in light of a future transition in reconstituting…
Adani Group Sets Up Copper Plant to Increase Domestic Production
The Adani Group is planning to construct a copper manufacturing plant in Mundra, Gujarat to increase India’s copper production for the much-demanded transition to renewable energy sources. The project will…
Foxconn Moves Away from China by Increasing Investments in India
Foxconn, a supplier of Apple, has recently decided to boost its production of iPhones in India by 2024. As per an official from the company, their upcoming plan is to…
Disney Aims to Revive Indian Streaming Business with Free Cricket, Amid Subscriber Challenges
Walt Disney (DIS.N) is strategically moving to renew its streaming operations in India by offering free cricket content on smartphones. The company is wagering that this approach will boost advertising…
China Evergrande registered a $4.5 billion loss in the first half of the year.
China’s Everygrande group is going to restart their stock on Monday, after 17 months of suspension. This happened after the reporting of the highest debt, a real estate developer debt…