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China locks down more than 30 million people as COVID-19 spreads rapidly

China this week banned most people from leaving a coronavirus-hit north-eastern province and mobilized military reservists as the fast-spreading stealth Omicron variant BA.2 fuelled a surge in infections....

Chennai Corporation to spray larvicide in water bodies using drones

The Greater Chennai Corporation deployed drones to spray anti-larval chemicals or insecticides in the water bodies to control mosquito breeding. These chemicals are reportedly sprayed to kill culex mosquitoes, which are bred in the sewage mixed waterways....

Rapyd becomes Israel’s highest valued unicorn

Israeli fintech company Rapyd has reached a valuation of $15 billion, making Rapyd Israel’s highest valued private tech company and highest valued fintech company. The company has raised $960 million in total to date, $160 million of which in secondary deals....

Adobe aims to run global businesses out of India, says Shantanu Narayen

Adobe Chairman and CEO Shantanu Narayen said the company’s aspirations for India are not just related to products but to run global businesses from the country. He also said the company's employees in India are responsible for a major part of every aspect of Adobe's business....

Pratik Pota, Jubilant FoodWorks’ CEO resigns

Jubilant FoodWorks announced that the board of directors of the company has accepted the resignation of Pratik Rashmikant Pota as the CEO and wholetime Director of the company as he wishes to pursue opportunities outside the firm. ...

BSNL to introduce 4G with 5G NSA network by August

Bharat Sanchar Nigam Limited (BSNL) is planning to launch a 4G service on August 15 this year. BSNL is going to launch 4G as well as 5G networks. However, the 5G network is scheduled to be launched in non-Standalone (NSA) mode on August 15. In which 5G is going to be serviced without an end-to-end 5G network, which the operators use at an early stage where it is providing 5G service from 4G infrastructure with some limitations. ...

Over 4000 employees laid off including pregnant women at Better.com

Following the lay-off of 900 employees over a shocking Zoom call before Christmas last year, digital mortgage company Better.com is in the news again for sacking people again. And this time it is starting on Women’s Day....

RuPay to be the Official Partner for TATA IPL 15

The Indian Premier League Governing Council (IPL GC) has named RuPay, the flagship product of the National Payments Corporation of India (NPCI), as an official partner for TATA IPL 15. The multi-year partnership, beginning this month, intends to stimulate faster and frictionless adoption of digital payments while also establishing a brand presence in cricket....

5G technologies enable the potential for billions of connected network devices: Lt. Gen. Rajesh Pant

According to Lt. Gen Rajesh Pant, Coordinator, National Cyber Security, t he advent of 5G technology will require uniform focus on security throughout the network. ...

Paytm shares hit all-time low over 60%

Shares of fintech major Paytm plunged over 3 percent to hit an all-time low of Rs 728.50. The market cap of the company slipped below Rs 50,000 crore on the BSE. The IPO of Paytm was subscribed 1.89 times. ...