New Delhi: A top lobby group that is part of the U.S. Chamber of Commerce believes India's proposed new e-commerce rules are a cause for concern and will lead to a stringent operating environment for companies, according to an email reviewed by Reuters. India this week spooked online retailers like Amazon and Walmart's Flipkart by…
Krafton is yet to officially launch the Battlegrounds Mobile India (BGMI) in the country. However, the game is available to play via early access beta for Android smartphone users. So, if anyone is interested can directly enrol into the beta program and download the game via Google Play Store. If you are a beta tester…
Smartphone maker Realme has launched its latest Narzo-series smartphones in India. As promised the company has launched the Narzo 30 5G and Narzo 30 smartphones via an online event.Along with the two smartphones, Realme also launched its latest pair of true wireless earbuds -- Buds Q2 and its 32-inch smart TV in the country.Both the…
Deutsche Bank has tapped software firm Oracle to simplify its information technology systems, enabling Germany's top lender to cut costs by several hundred million euros, a Deutsche Bank board member said. Deutsche Bank has spent years modernising its computer systems that have repeatedly caused headaches and which former CEO John Cryan had publicly called "lousy".…
SEOUL, June 24 (Yonhap) -- E-Mart Inc., a discount store chain under Shinsegae Group, said Thursday it has signed an agreement with eBay Inc. to acquire an 80 percent stake in its South Korean e-commerce unit for 3.44 trillion won (US$3.05 billion), a move expected to bring about a seismic shift in the local e-commerce…
Sona BLW Precision Forgings (Sona Comstar) and Shyam Metalics & Energy had a contrasting market debut on June 24. Sona Comstar started off on a tepid note, while Shyam Metalics had an impressive start.Sona Comstar caught up soon and both were going strong. Sona Comstar was frozen in 20 percent upper circuit at Rs 362.85 in…
Payments technology company Visa Inc said on Thursday it had signed a deal to buy European open banking platform Tink and would pay 1.8 billion euros ($2.15 billion) for the acquisition. The total financial consideration of 1.8 billion euros included cash and retention incentives, the company said. It said Tink would retain its brand and…
SEOUL, June 24 (Yonhap) -- Samsung Display Co., a major display panel maker in South Korea, said Thursday it will launch an in-house vaccination program next month to better fight the novel coronavirus pandemic. Samsung Display workers will be administered Moderna's COVID-19 vaccine at its in-house medical clinics from July 27 in cooperation with the…
Realme just dropped two new phones in its Narzo series in India. The Realme Narzo 30 and Realme Narzo 30 5G are affordable phones that deliver some of the best specs in their respective price ranges.Realme Narzo 30, Narzo 30 5G Price in IndiaThe Realme Narzo 30’s price is set at Rs 12,499 for the base 4GB/64GB…
China Evergrande’s top bank creditor has reduced its exposure to the nation’s most-indebted developer to assuage its own investors, a sign that local lenders have started to raise their guard against the risk of defaults. China Minsheng Banking Group, a major commercial lender, said its loan exposure to Evergrande has been lowered since September last…
Photo by: Christian Wiediger/Unsplash Louis Vuitton is one of the most well-known luxury brands in the world, and it managed to maintain its high standing in the fashion business for decades. Even today, this French label is still sought-after by not just the affluent people. However, times have changed, and even with the popularity, Louis…
Financial Services CommissionSouth Korea’s top financial regulator said Thursday that it had granted approval to two regional banks -- Jeonbuk Bank and Daegu Bank -- to offer MyData services. It was a move to foster the burgeoning data-driven business segment, whereby the country’s major commercial banks have already begun procedures to launch related services. The policymaking…
(© bizvector - Shutterstock) The world is facing a massive gap between the demand for digital skills and the supply of workers who possess them. Nearly 90% of executives say they have a shortage of needed skills in their workforce or expect to in the next few years, according to a global McKinsey survey. In…
Disney+ expects to have 230 to 260 million subscribers by 2024. Video streaming platform Disney+ Hotstar on June 24 announced more than 250 job openings across different levels and verticals to drive its next phase of growth.The platform currently has the highest number of subscribers in India with around 24 million paid users. According to reports,…
Bengaluru: CareerSocially, an AI-enabled proptech startup, is acquiring Bengaluru-based property discovery portal Housingman, as part of a million-dollar funding deal. The acquisition will help the Noida-based company to strengthen and expand its portfolio of artificial intelligence-driven sales and marketing solutions. The funding, meanwhile, was led by software maker Indus Group Inc. and serial investors Bobby…
Online fashion retailer Myntra said it expects its upcoming end of season sale to be the biggest ever sale event in terms of value in the fashion and lifestyle category due to the Covid-led growth of the ecommerce market.There is a shift that is happening to ecommerce in a much more organic way, there are…
Representative image (Pixabay/tombark) The cryptocurrency debate has been heating up. Exchanges, users, regulators, investors and entrepreneurs have been weighing in on how India can use and regulate crypto. To understand the future of cryptocurrency in India, Moneycontrol’s M Sriram and Chandra R Srikanth hosted another episode of Crypto and India—The Road Ahead on Twitter Spaces.Speakers…
Gujarat's EV policy, which will be available till the July 1, 2025, has been created with an aim to cut “600,000 tons of carbon emissions and Rs 5 crore worth of fuel cost (image: Shutterstock) “Gujarat might just go from having the most expensive EVs in the country to the cheapest in one policy change…
The COVID-19 pandemic has accelerated the legal sector and given rise to a significant opportunity to capitalise on increased budgetary pressure and interest in cost-saving software tools. A recent report by Thomson Reuters identified that 84% of Law Partners surveyed expected their technology investment to increase and had a greater openness to experiment with different…
body>The power of 13—the iPhone 13—is being felt throughout the tech world. We talk about some developments involving Apple's next iPhone, as well as the end of the iPhone 12 mini, and more in this episode of the Macworld Podcast.This is episode 748 with Jason Cross, Roman Loyola, and Michael Simon.Get infoOn this episode, we…
Photo by: Greg/Flickr (CC BY-SA 2.0) Chipotle Mexican Grill, the famous grill restaurant chain in the United States, announced it is giving away a Tesla Model 3 car as a grand prize for its video game contest called the “Race To Rewards Exchange.” Fox Business reported that this is the game that Chipotle has launched…
From the ‘Halo Infinite’ multiplayer reveal trailer | Photo credit: HALO / YouTube screenshot Fans found it absurd that the Xbox-Bethesda showcase at E3 earlier this month went by without giving an exact release date for “Halo Infinite.” However, Xbox head Phil Spencer recently reassured fans that the AAA game is still slated for a…
Hyundai Mobis's new head-up display / Courtesy of Hyundai MobisBy Baek Byung-yeulHyundai Mobis is maintaining pole position in the lucrative vehicle infotainment market by developing a new vehicle information system that combines a digital cluster with a head-up display (HUD), the auto parts-making affiliate of Hyundai Motor Group said Thursday.The company said its "clusterless HUD"…
TOKYO -- SoftBank Group has made a rare early investment in a startup launched by Vishal Sikka, former CEO of Indian IT services giant Infosys, in a sign that the Japanese technology group is willing to back companies that are far away from an IPO.SoftBank's Vision Fund 2, which is entirely funded by SoftBank, recently…
Brave, a rival to Google Chrome in the browsing space, is gearing up to take on the tech behemoth in another area — search engine. Brave has announced Brave Search’s public beta, which is now available to users across the world. The browser has been focusing on privacy and Brave Search’s USP is also on…
NEW DELHI: Dizo, the Realme's newly-announced brand, is set to make its debut on July 1. Dizo is a Realme sub-brand under TechLife ecosystem. According to the company, the brand Dizo will focus on smart home, smart care, accessories, entertainment products and more. Now sources told Gadgets Now-TOI Tech, that the first Dizo products to…
A corporate logo of Medytox (Medytox)Medytox will begin a phase three clinical trial of its next-generation botulinum toxin treatment MBA-P01, according to an announcement from the company Thursday.The firm’s investigational new drug application for the new botulinum toxin treatment gained approval the previous day from the Ministry of Food and Drug Safety. Medytox will carry…
Apple iPhone 12 purple (Apple)LG Electronics’ plan to start selling Apple’s iPhones at its stores is facing backlash from local phone distributors and a private consensus-based panel on shared growth on Thursday threw weight behind opponents, saying LG would be breaking its word if it pushes ahead with the plan. The Korea Commission for Corporate…
Amarin six patents on Vascepa were set to expire in 2030. [Representative image] JB Chemicals & Pharmaceuticals (JBCPL) backed by US private equity giant KKR is evaluating assets that include select branded portfolios and even a mid-sized pharmaceutical company, to bolster its market share in India."There are some assets we are evaluating," Nikhil Chopra, CEO…
New Delhi: Twitter India’s Managing Director Manish Maheshwari is expected to appear in person before Ghaziabad Police today, in connection with an investigation into the assault of an elderly Muslim man in Loni. Maheshwari, who lives in Bengaluru, was issued a notice by the Ghaziabad Police on June 21 and asked to report at its…
Apple AirPods | Photo credit: ready made (@readymade) / Pexels One of the devices that were highly anticipated to launch in the early part of the year was the AirPods 3. The new entry-level true wireless earbuds were rumored to launch with the products announced in spring, but there are more indications now that it may not be…
