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Apple to launch the Apple Card in partnership with HDFC Bank-thumnail

Apple to launch the Apple Card in partnership with HDFC Bank

One of the primary reasons Apple may consider launching the Apple Card in India ahead of countries like Japan or European nations is its inability to accept card payments in India. The prevalent payment method for App Store purchases in India is the Unified Payments Interface (UPI) while services like iCloud storage and music rely on card payments. However, recent regulations by the RBI have mandated that third-party websites should not store card details and that all payment data must be stored exclusively on Indian servers. 

Business

Jun 23, 2023

By the end of 2023, BluSmart Mobility plans to double its fleet to 10,000 electric cars-thumnail

By the end of 2023, BluSmart Mobility plans to double its fleet to 10,000 electric cars

BluSmart Mobility, an Indian electric vehicle (EV) ride-hailing platform, recently raised $42 million in a bridge deal that was co-led by its current backers, BP Ventures and Survam Partners. BluSmart

Automotive

Jun 23, 2023

Renowned Actor Vijay Raaz Adds his Voice to Omaxe’s Revolutionary Marketing Campaign – Purani Dilli, Surpasses 18Million Views-thumnail

Renowned Actor Vijay Raaz Adds his Voice to Omaxe’s Revolutionary Marketing Campaign – Purani Dilli, Surpasses 18Million Views

Omaxe Group, the leading real estate developer in North India, has once again achieved a significant milestone with the resounding success of its latest marketing campaign for Omaxe Chowk. Located

Real Estate

Jun 23, 2023

Focused on gaming and media Lumikai makes its second offering with a $50 million corpus goal-thumnail

Focused on gaming and media Lumikai makes its second offering with a $50 million corpus goal

The second fund from Indian gaming and interactive media firm Lumikai has been launched with a target corpus of $50 million from international investors.

Entertainment

Jun 23, 2023

Deloitte and Key Board members resign from the ed-tech firm Byju’s-thumnail

Deloitte and Key Board members resign from the ed-tech firm Byju’s

Ed-tech firm Byju’s, despite being a major beneficiary of the pandemic-induced surge in online learning, unexpectedly witnessed a decline in revenue for FY21.

Business

Jun 23, 2023

Economic Crisis in Pakistan Fuels Surge in Irregular Migration to Europe-thumnail

Economic Crisis in Pakistan Fuels Surge in Irregular Migration to Europe

The ongoing economic crisis in Pakistan has spurred a dramatic increase in irregular migration toward Europe, as individuals in dire circumstances seek enhanced prospects and financial stability overseas. Pakistan’s economy is grappling with severe challenges, characterized by soaring inflation and a contracting industrial sector, which has led to widespread unemployment and financial hardship. Against this backdrop, an escalating number of Pakistanis are resorting to illicit means to migrate to Europe, even at the peril of their lives.

Economy

Jun 23, 2023

Nivruti Rai, the head of Intel India, leaves her position after 29 years-thumnail

Nivruti Rai, the head of Intel India, leaves her position after 29 years

In 2022, Rai received the Nari Shakti Puraskar in recognition of her outstanding efforts to advance women’s rights. Nivruti Rai, the head of Intel India, has left the organisation after

Industry

Jun 23, 2023

Rosneft and BPCL in talks to purchase oil priced on Dubai Benchmark: Report-thumnail

Rosneft and BPCL in talks to purchase oil priced on Dubai Benchmark: Report

Approximately 6 million metric tonnes (43.8 million barrels) of discounted Russian crude would be purchased by Indian state-run refiner BPCL from Rosneft at a price based on the benchmark set

Industry

Jun 23, 2023

Shark Tank Featured And Demanded A Valuation Of Rs 600 Crore Hood App, However, Disappeared-thumnail

Shark Tank Featured And Demanded A Valuation Of Rs 600 Crore Hood App, However, Disappeared

A social media celebrity and the app’s co-founder, Abhishek Asthana, discusses the company’s goals and his time on Shark Tank India. The Hood app is a platform that offers a forum for debates that are more democratic.

Business

Jun 22, 2023

WFH Culture Compels IT Firms Like Infosys, TCS, And Accenture To Relocate To Tier ii And Tier iii Locations-thumnail

WFH Culture Compels IT Firms Like Infosys, TCS, And Accenture To Relocate To Tier ii And Tier iii Locations

The use of remote working has been encouraged by major IT Firms. Employees at Tata Consultancy Services (TCS) and Infosys have just received emails announcing the commencement of office hours. A hybrid working paradigm has also been encouraged by other Indian IT firms like HCL Tech and Wipro.

IT Farms

Jun 22, 2023

Google and other IT firms charge Microsoft with unfair Cloud business practices-thumnail

Google and other IT firms charge Microsoft with unfair Cloud business practices

According to a Reuters story, Alphabet’s Google and technology trade associations have complained to the Federal Trade Commission about what they claim are unfair business practices in the cloud, including those by Microsoft, the sector’s second-largest vendor by market share. 

News

Jun 22, 2023

Vedanta planning to sell Tamil Nadu Copper Plant at a Rs. 4,500 crore valuation-thumnail

Vedanta planning to sell Tamil Nadu Copper Plant at a Rs. 4,500 crore valuation

As of March 2023, VRL possesses $1.7 billion in short-term investments, encompassing various bank deposits, quoted bonds, and mutual funds. Experts at CreditSites speculate that these investments could be liquidated

Finance

Jun 22, 2023


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