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GST Council to raise 5% tax slab to 8%

The GST Council might raise the lowest tax slab to 8% from 5%. The agency said that the increase in tax slab may yield an additional Rs 1.50 lakh crore annual revenues. ...

CredAvenue becomes the fastest fintech startup to turn unicorn in India

CredAvenue has raised $137 million in a Series B round led by Insight Partners, B Capital Group, and Dragoneer, valuing the online debt marketplace at $1.3 billion within 18 months of formation, the fastest a fintech startup has turned a unicorn in the country. ...

Micron claims to bring most advanced SSD for data centers

Micron Technology has revealed it is sampling the world's foremost vertically-integrated 176-layer NAND solid-state drive (SSD) for data centers. ...

Programming APIs Attacks grew over 600% in 2021

Security analysts warn of a sharp rise in Application Programming Interface attacks over the past year, with most companies still following inadequate practices to tackle the problem. A growth of 681%...

Indian IT industry to face temporary pause amid Russia-Ukraine conflict

India's Information Technology (IT) service providers are on a wait-and-watch mode to consider taking strategic decisions including shifting service or delivery locations from Eastern Europe to India and the business continuity plans, especially for the clients from Europe, as the conflict between Russia and Ukraine is escalating. ...

Ukraine conflict can deeply impact the chip scarcity

According to a report by Moody’s Analytics, the Russia-Ukraine conflict is likely to aggravate the global semiconductor shortage as the two countries are major suppliers of raw materials critical to chip production....

The Galaxy Note series is discontinued, will now come out as the Galaxy Ultra

Samsung’s smartphone arm’s executive, Roh-Taemoon has confirmed that the Galaxy Note will now come out as the Galaxy Ultra. The Galaxy S22 Ultra will suffice for this current iteration unlike previously when a Galaxy Note will have to be thrown into the mix. The last Galaxy Note released ...

200 border villages in Uttarakhand to get Jio, BSNL connectivity

People in around 200 villages in Uttarakhand near Indo-Nepal and China border will be provided with Jio and BSNL connectivity. This initiative will also help in arresting the migration issue in the hills of Uttarakhand....

Chad Cleevely has resumed as Asia Pacific and Japan channel sales director in Sophos

Sophos, a global leader in next-generation cybersecurity, today appointed Chad Cleevely as director, channel sales, Asia Pacific and Japan (APJ). In this role, Cleevely will lead Sophos’ channel operations across the APJ region working with partners and customers to provide the cybersecurity solutions and services required to protect them from today’s fast changing cyberattacks, including ransomware....

Biocon Biologics announces its intent to acquire the biosimilars business of Viatris

Biocon Biologics Ltd., a subsidiary of Biocon Ltd. has entered into a definitive agreement with its partner Viatris Inc. to acquire its biosimilars business and create a unique fully integrated global biosimilars enterprise....