india

Smartphone Shipments India Q1 2021: Xiaomi Leads Despite 5% Drop [REPORT]

Riding high on pent up demand, new launches and promotions, the Indian smartphone market has registered a stellar 23% year-over-year growth in Q1 2021! According to the latest report by Counterpoint Research, Indian smartphone shipments reached over 38 million units...

2021 Hacking Saga Continues: Domino’s India Becomes The Latest Victim Of Data Breach!

April 2021 is turning out to be a rollercoaster ride of a month when it comes to cybersecurity! In what can only be called a shocking revelation, it has been found out that Domino's India has become the latest victim...

SEBI Slaps $5.5 Million Fine On Ambani Brothers And RIL

The Ambani brothers might have to shell out a pretty penny as past mistakes have come back to bite! The Securities and Exchange Board of India (SEBI) has fined Mukesh Ambani, Anil Ambani and 9 other individuals and entities for...

Reliance Jio Buying Spectrum From Rival Bharati Airtel Is A Win-Win Deal

In what can only be called an unlikely deal between two rivals, Reliance Jio will be acquiring some spectrum from Airtel! India's largest telecom operator, owned by Mukesh Ambani, Reliance Jio has signed an agreement with Bharati Airtel to acquire...

After Amazon, Flipkart To Introduce EVs In Last-Mile Delivery: Partners With Mahindra Logistics!

The electric vehicle wave is taking over India in full swing and Flipkart is the latest entrant in the game! According to recent media reports, Flipkart has joined hands with Mahindra Logistics Limited (MLL) to accelerate the usage of electric...

Indian Startups Close FY21 Strong With $3.65 Billion In Funding!

A series of large financing rounds, amounting to $3.65 billion made their way into some of the best Indian startups in Q4 FY21. This is a straight forward increase of $430 million from $3.22 billion in Q4 FY20. The capital...

Netflix, Prime Video, Hotstar Thriving In The New Normal: Recorded 35% Growth In Unique Paid Users!

The pandemic induced lockdowns and self-imposed house arrests led to Indian consumers increasing their screen time drastically. And that, in turn, helped over-the-top platforms such as Netflix, Hotstar, Amazon Prime, etc., log more watch hours and onboard new users. But,...

PAN-Aadhaar Card linking Deadline Extends!

: Central Government of India extends the deadline for linking Aadhaar with PAN card from March 31, 2021 to June 30, 2021. The income tax department announced this on their official Twitter account. : The deadline to link Aadhaar with...

Mobikwik Disavows 8.2 TB Data Leak: Faces Massive Outrage From Users!

The Indian payments' giant MobiKwik is facing a lot of bad press over denying undergoing a massive cyber attack! On Monday, the company came under fire for an alleged data leak that exposed around 8.2 terabytes (TB) of its users'...

Vying For A Bigger Piece of India’s Online Retail Space: Amazon And Flipkart Offer Similar Take Rates!

The two e-commerce giants Amazon and Flipkart, are battling at a breakneck pace when it comes to offering take rates. According to an analysis done by Jefferies, an American brokerage firm, for low-value items (which cost less than Rs 2,000),...

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India Processed Nearly 10 Billion More Real-Time Payments Than China In 2020 [Report]

Real-time payments are fast gaining momentum when it comes to popularity! According to e-marketer, in 2020, RTP payment methods were...