Toyota Motor Corp and Suzuki Motor Corp on Friday said they would begin production of hybrid vehicles in India, a category that Toyota has said is currently best suited to such markets. A Toyota plant in southern India would in August begin building a hybrid sport utility vehicle (SUV) developed by Suzuki, the companies said. […]
India
India said on Wednesday it would reserve part of its next-generation telecoms spectrum for private in-house networks, as the government announced a 5G auction to take place by the end of July. Until now, India’s telecoms services have been run by specialist companies in a market dominated by Vodafone Idea, Bharti Airtel Ltd and Reliance […]
Trading cryptocurrencies and investing in companies can take place within the boundaries of one platform, and all this can be attributed to the wonders of financial technology (FinTech). Yet, these undertakings are only plausible through the offerings of fintech companies that were once startups. The need to extend the existence of such startups is on […]
Indian cybersecurity rules due to come into force later this month will create an “environment of fear rather than trust”, a body representing top tech companies has warned the government, calling for a one-year delay before the rules take effect. The Internet and Mobile Association of India (IAMAI), which represents firms including Facebook, Google and […]
India on Sunday withdrew a warning not to share photocopies of the national biometric identity card after the announcement caused widespread panic on social media. The Aadhaar card, which has a unique number tied to an individual’s fingerprints, face and eye scan, aims to block theft and leakage in India’s welfare schemes. But critics fear […]
Alphabet Inc’s Google is in talks with the Indian government to integrate its shopping services with the country’s open e-commerce network ONDC, two sources familiar with the matter told Reuters. India soft-launched its Open Network for Digital Commerce (ONDC) late last month as the government tries to end the dominance of U.S. companies Amazon.com and […]
India must establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors and boost its crypto sector, CoinSwitch CEO Ashish Singhal said on Sunday. Although India’s central bank has backed a ban on cryptocurrencies over risks to financial stability, a federal government move to tax income from them has been interpreted by the industry as […]
The Indian telecom market is one of the most promising around the world. The number of mobile subscribers exceeds 1.1 billion according to the latest statistics provided by the Telecommunications regulatory authority of India (TRAI). A large number of mobile network operators (MNOs) and mobile virtual network operators (MVNOs) are competing in India. The Indian […]
War has always had a rippling effect on geopolitics and global economies, more so than ever in today’s interconnected and globalized world. India, which has maintained a friendly political relationship with Russia since 1970, finds itself at a crossroads in the wake of recent global events. As the Russian Ukrainian war rages on, previously well-aligned […]
Chinese smartphone giant Xiaomi Corp faces legal headaches in India as a federal financial crime-fighting agency and tax authorities investigate its business practices. Xiaomi denies wrongdoing. But it recently hit the headlines with accusations that its executives faced intimidation from Indian enforcement officials, drawing public rebuttals from the agency and words of support from China. […]