Brief

Number of Internet Users in India Exceeds 800 Million: Rural India Dominates in Key Online Activities

India has experienced a remarkable surge in the widespread adoption and usage of the Internet over the past five years. This surge, with an impressive penetration rate exceeding 55%, can be largely attributed to telecom companies like Airtel and...

Will Vijay Shekhar Sharma’s Exit From Paytm Payments Bank Ease Tensions with the RBI?

One97 Communications Ltd (OCL), the parent company overseeing all Paytm entities, has officially disclosed a restructuring plan for the Paytm Payments Bank (PPBL) Board. This strategic move involves the departure of the visionary founder, Vijay Shekhar Sharma, from his...

PE Investments in India Plunged Over 30% YoY in 2023: Investors Bet Big on Growth and Late-Stage Ventures

In 2023, Indian enterprises and startups encountered significant challenges in terms of investments and strategic business expansion, as revealed in PWC India's latest report titled "Deals at a Glance." The report paints a stark picture of a substantial decline...

The Rise of Crypto Integration in Casino Platforms

Online gambling is almost unrecognizable from 10 years ago, and much of it has to do with the astronomic rate of crypto integration into the industry. Cryptocurrency casinos, once on the fringes, have now become one of the most...

Airtel Outperforms Jio with 3 Million Growth in Active Mobile Subscribers in December 2023; 12.44 Million Seek New Connections

India's telecom sector has dramatically changed over the past decade, with new players eating the market share of established telecom companies. A particularly noteworthy development in this transformation is the profound impact of Reliance Jio's entry, leading to an...

ED Tightens the Noose Around Byju’s Founder: Puts His Travel Plans Under Lens

Byju's, already grappling with financial challenges, now faces an additional obstacle as its founder, Byju Raveendran, comes under suspicion of contemplating an exit from India. Citing sources, the Economic Times reported that the Enforcement Directorate (ED) has prompted the...

Amazon Bets Big on Unbranded Bazaar in India: Aggressive Price Strategy to Conquer Tier II and III Cities?

Indians consistently prioritize price over brand recognition, and Amazon seems to have realised this trend. The e-commerce giant is strategically betting on its soon-to-be-launched low-price shopping platform, "Bazaar", aiming to woo value-conscious customers across tier II, III and IV...

Byju’s May Have to Shutter All Major Offices Across India: Defaults on Rent, Receives Multiple Legal Notices

Byju's has been grappling with a financial storm for quite some time, prompting it to take significant measures to weather the challenges. In the latest move, the edtech firm has downsized its office space in Bengaluru as part of...

India Smartwatch Shipments Grew 74% YoY in 2023: A 3-Year-Old Brand Enters Top Five, Outpacing Samsung!

Smartwatches are selling like hotcakes. The adoption and usage of smartwatches in India have skyrocketed since the COVID-19 pandemic as people became more health conscious. According to IDC's latest report, the smartwatch shipments in India grew a whopping 73.7%...

Over 20 Million Paytm Users in Limbo as Fastag Ban Sparks Chaos

The ban imposed by the Reserve Bank of India (RBI) on Paytm Payments Bank turned out to be just the opening act of a regulatory drama for Vijay Shekhar Sharma-led One97 Communications. Compounding the challenges, the Indian Highways Management...
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Latest News

Amazon Makes Historic Bet on AI: $4 Billion Fuels Anthropic’s Generative Engine

AI investments have skyrocketed in the last three years, with tech giants placing their bets on the transformative power...
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