India wants Tesla to buy $500 million of local auto parts to get import tax cut
The Indian government wants Tesla to source $500 million worth of local auto components in order to be considered for...
Jeff Bezos invests in SaaS startup Lummo’s Series C round
Jeff Bezos, the founder of Amazon.com, has invested in Lummo, a direct-to-consumer (D2C) Software-as-a-Service (SaaS) startup, through his venture capital...
Income tax authorities search premises of Huawei offices in Delhi, Bangalore
The Income-tax Department has carried out searches on Wednesday at different premises of Chinese telecom company Huawei in the country,...
Vedanta to make semiconductors in India with iPhone maker Foxconn
Foxconn announced a partnership with Indian conglomerate Vedanta to manufacture semiconductors in India, as the iPhone maker seeks to diversify...
Tencent-backed Sea witnesses $16B wipeout after India banned Free Fire
Tencent-backed Sea Ltd. lost over $16 billion in value in its largest daily market wipeout after India suddenly banned its...
Delhi High Court dismisses Zostel’s plea against IPO-bound OYO
The Delhi High Court has refused to intervene in Oravel Stays' attempt to launch an initial public offering (IPO) and...
Reliance Jio picks up 17% stake in InMobi’s Glance for $200 million
Reliance Industries' digital unit Jio Platforms has agreed to invest $200 million (~Rs 1,500 crore) in Google-backed AI-driven lock-screen platform...
Reliance Jio partners with SES to offer satellite-based internet service
Reliance Jio has partnered with SES, a global satellite-based content connectivity provider, in a major move for the Indian broadband...
India bans 54 Chinese apps over security threat and privacy risks
The Indian government has banned 54 additional Chinese-origin apps and games, with publishers and tech companies including Tencent, Alibaba, NetEase,...
Who is Ilker Ayci, Air India’s new MD and CEO?
The Tata Group has appointed former Turkish Airlines Chairman Ilker Ayci as Air India's Managing Director and CEO, effective on...