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Airtel forays into Rs 7000 crore CDN service market

Bharti Airtel has plundered into the Rs 7000 crore content delivery service market and has appointed 15-16 over-the-top content providers along with companies working in the ed-tech and ecommerce markets. The launch comes ahead of its commercial 5G service launch, which will increase the video consumption, which in turn will drive the need for CDN services for video and gaming service providers. ...

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NPCI data reveals UPI transactions reaches Rs 10.7 trillion in August

August, Unified Payments Interface (UPI) reached 6.6 billion transactions worth Rs 10.73 trillion, as per the data released by the National Payments Corporation of India (NPCI). UPI transactions on a month-on-month (m-o-m) basis went up by 4.6% in terms of volume and 1% in value. ...

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RBI to accept NBFCs' requests for bad-loan exemptions

The Central Bank of India is unlikely to give "shadow banks" exemptions from stricter bad-loan rules coming into force, essentially ending an advantage the non-bank financial firms have had over standard banks. Non-banking financial companies (NBFCs) have asked the Reserve Bank of India to exempt smaller loans from the rules taking effect next month that are in line with those covering banks. ...

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Researchers discover five fake Chrome Extensions

McAfee researchers found five fake extensions for the Google Chrome web browser impersonating as Netflix viewers and others to track users’ browsing activity and profit off retail affiliate programs. ...

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DoT seeks TRAI’s view to regulate internet calling and messaging apps

The Department of Telecom (DoT) has sought views of sector regulator Telecom Regulatory Authority of India (TRAI) to prepare a framework for regulating internet calling and messaging apps like WhatsApp, Signal, Google Meet etc. ...

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Meta join hands with Jio Platforms to launch JioMart on WhatsApp

Meta and Jio Platforms announced the launch of the first-ever end-to-end shopping experience on WhatsApp, where consumers can shop from JioMart right within their WhatsApp chat. ...

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Meesho shuts down its grocery business

Homegrown social commerce platform Meesho has shut down its grocery business known as Superstore in more than 90 percent of cities in India, except Nagpur and Mysuru, resulting in the firing of 300 employees across the cities in India. ...

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DoT gets applications for telecom PLI scheme from 32 companies including MSMEs

The telecom department has received applications from 32 companies till now which includes 22 MSMEs for the telecom equipment and design production-linked incentive (PLI) scheme....

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Adani Group plans to set up 1,000-MW data centres in 10 year

AdaniConneX is planning to build 1,000 megawatt data centres over a period of 10 years. It is almost double the present size of the total industry. AdaniConneX Senior Vice President and Head of Data Centre Business, Sanjay Bhutani said the the first seven data centres of the company will come up in Mumbai, Chennai, Hyderabad, Delhi, Bengaluru and Pune. ...

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Aksara Airlines faces data Breach

Akasa airline suffered a data breach , where the details including names, gender, e-mail addresses and phone numbers may have been viewed by unauthorised individuals....