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Tata discusses plans to buy Pegatron’s iPhone operations
Tata Group is in talks to strike a deal to take control of Pegatron Corp.’s iPhone manufacturing operations in India as early as May....
RBI Releases Draft Guidelines on Payment Aggregator
In an effort to improve rules on payment aggregators and strengthen the payment ecosystem, the Reserve Bank released draft guidelines...
Microsoft offers $1.5 billion to G42, an AI company
With Brad Smith joining the board, Microsoft announced a $1.5 billion (₹11,082.75 crore) investment in G42, a leading AI company in the United Arab Emirates. ...
Zee withdraws merger implementation application from NCLT for Sony deal
Zee Entertainment Enterprises is said to have withdrawn its application from the National Company Law Tribunal (NCLT) concerning the implementation of its ...
HPE deploys its ‘Made in India’ servers at large scale ahead of schedule
Hewlett Packard Enterprise has announced that its “Made in India” servers are now being deployed at large scale to serve the growing demands of Indian customers ahead of schedule....
Amazon Pay to bring credit on UPI option for users
Amazon Pay is gearing up to bring credit options to UPI payments and is looking to partner with National Payments Corporation of India (NPCI) to launch credit options on...
Use of hybrid multi-cloud is most prevalent in India
According to Nutanix's Enterprise Cloud Index survey, more Indian enterprises are implementing hybrid multi-cloud solutions. This type is preferred by 44% of Indians, more than in any other country surveyed. The deployment of AI in 2024 will come after data security and ransomware prevention as top priority...
OpenAI sets-up a new office in Tokyo
In an effort to expand into new areas, OpenAI, well-known for the success of its ChatGPT chatbot, established its first Asia office in Tokyo, Japan. By interacting with Fortune 500 firms...
Aditya Birla to launch a super app preparing for the fintech power
With the launch of its massive direct-to-customer fintech app, ABCD, Aditya Birla Capital Ltd. will provide a range of financial products on a single digital platform, including credit cards,...
Tesla strikes semiconductor deal with Tata electronics for global operations
Tesla has inked a strategic deal with Tata Electronics to acquire semiconductor chips for its global operations. This agreement is seen to be noteworthy as it positions...