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Tesla CEO Elon Musk threatens to pull its operations out of California due to virus restrictions
By twitting, Tesla CEO Elon Musk has threatened to sue over Alameda County Health Department which has imposed coronavirus restrictions that have stopped Tesla from restarting production its factory in Fremont south of San Francisco....
IT service providers need to deliver on digital transformation initiatives in response to COVID-19
Now would be a good time for IT service providers (ITSP) to promote the digital transformation initiatives that they have been endorsing for a while, says GlobalData, a leading data and analytics company....
Centre updating new rule book to make work-from-home easy for government employees
The Centre is working on guidelines for the new work from home culture for government functioning which includes how offices will operate and procedure...
Cryptocurrency investor sues a 15-yr-old boy accusing of $24M crypto theft
According to a lawsuit filed in New York, a 15-year-old hacker and his crew of “evil computer geniuses” stole nearly $24 million in cryptocurrency from an adviser to blockchain companies....
Jio working on NPCI infrastructure to bring UPI apps on its handsets
As per news source, Reliance Jio is in talks with National Payments Corporation of India (NPCI) in order to bring the Unified Payments Interface (UPI) apps to Jio Phones. This can trigger digital payments in India largely. A majority of Jio’s last reported 388...
U.S. International Development Finance Corporation (DFC) provides USD 20 million to Caspian Debt
Caspian Debt today announced an investment of $20 million by U.S. International Development Finance Corporation (DFC) as long-term debt. The new facility, which is a combination of Subordinated and Senior Debt will support ...
Renal dialysis equipment market in India to reach US$225m in 2025
The renal dialysis equipment market in India is expected to reach US$225m in 2025. Dialysis accessories (such as blood tubing sets and dialyzers) and dialysis machines (hemodialysis machines and peritoneal dialysis equipment) account for more than 85% of the Indian renal dialysis equipment market,...
Can Zoom contain its top position despite rivals like WhatsApp, Sykpe, Microsoft Teams?
From 10 million participants globally in December 2019 to 300 million in April 2020, it’s a heady ride for the Nasdaq-listed communications platform in the new world. In India, it has been more than a match for the mighty WhatsApp....
VISTA invest ₹ 11,367 Crore In JIO Platforms At An Equity Value Of ₹ 4.91 Lakh Crore
Reliance Industries Limited (“Reliance Industries”) and Jio Platforms Limited (“Jio Platforms”) announced today that Vista Equity Partners (“Vista”) will invest ₹ 11,367 crore into Jio Platforms. This investment values Jio...
BSNL gives nod to 2G, 3G network upgrade contract to ZTE
Considering the network expansion with existing multinational vendors as a "limited option", Bharat Sanchar Nigam Limited (BSNL) Board has approved Chinese ZTE and Finnish Nokia for the proprietary migration of as many as...