India

Musk’s SpaceX partners with firms to make satellite gear in India

American aerospace manufacturer SpaceX plans to extend its partnership with Indian firms to locally manufacture satellite communication equipment as it gears up to launch its high-speed satellite Starlink in 2022.  The meeting was conducted with the global satellite companies including officials from global communications networks OneWeb, Viasat, Hughes, in addition to Department of Space and the Regulatory Authority of India.  […]

Twitter adheres to India’s IT Act

Twitter has shown a willingness to fully comply with India’s recent social media regulations following the state’s IT Act, as the social networking platform will establish an Indian liaison in the upcoming weeks. In the never-ending feud between the microblogging platform and the Indian government, in the wake of the recent stand-off between Twitter and […]

Twitter faces legal liability due to India’s IT Act

Popular micro-blogging platform Twitter stands facing legal accountability in India after failing to adhere to the country’s new IT act forcing social networking sites to remove content following the issuance of a legal order. Twitter has been facing an increasing backlash from a plethora of fronts for the past couple of months. As steep tensions […]

Temasek Investment in Google-Backed DotPe May Jeopardize Zomato’s Indian Presence

When Singaporean global investment company Temasek announced the financing news of Google-backed Indian software engineer company, DotPe. India’s digital services space was bound to enter a new round of changes by delivering users a more customized and brand-led experience. However, the Temasek investment in Google-backed DotPe could hold significant risks for platforms such as Zomato […]

Smartphone shipments in India to grow in 2021

The worldwide COVID-19 pandemic hit smartphone shipments hard following two years of subdued growth and has drastically shaped our purchasing behavior. According to a report published by Singapore-based research firm Canalys, worldwide smartphone shipments reached 348 million units in Q3 in 2020, at a 1 percent decline year on year. However, they were up 22 […]

Fintech in India drives economic development

The rapid advancements of fintech is shaping the world of finance and impacting many industries. Fintech in India is one of the fastest-growing markets, as well as the world’s largest, according to the Research and Markets report. Globally, the fintech implementation rose to over 60%, according to Ernst & Young report, of which a major […]

India’s evolving telecoms market: domestic smartphone manufacturing

The telecom industry in India has seen exponential growth over the last few years driven by many factors including inexpensive tariffs, roll-out of Mobile Number Portability (MNP) and expanding 3G and 4G coverage. India will become the second-largest smartphone market globally by 2025 with 1 billion installed devices and is expected to have 920 million […]

Indian Innovation Chingari gains 30 million downloads

The government’s decision to ban an estimated 200 Chinese apps in India, including popular ones such as TikTok, Helo and WeChat, has presented opportunities for local talent. While many Indian startups received attention for their ingenuity in the recent few years, there was less room to dominate a market already saturated with bigger industry players. […]

Apple to launch first online store in India next week

NEW DELHI (AP) — Apple announced Friday that it will launch its first online store in India next week, as it seeks to increase sales in one of the world’s fastest-growing smartphone markets. The company at present uses third-party online and offline retailers to sell its products in the country. Apple CEO Tim Cook said […]

International investments in the Indian telecom sector boosts economy

India, the world’s second-largest telecom market, has been attracting foreign investors which paved the way for boosting the Indian economy. Top companies such as Facebook Google, Saudi Arabian Sovereign fund, General Atlantic, and Silver Lake Partners have expressed interest in Jio Platforms and Bharti Airtel, said Ram Sewak Sharma, Chairman Telecom Regulatory Authority of India, […]