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Nazara Completes Acquisition Of Smaaash For INR 126 Cr

India, June 7 -- Gaming major Nazara Technologies on Friday (June 6) announced that it has completed the acquisition of insolvency-ridden sports entertainment startup Smaaash Entertainment. The acqui... Read More


Ravi Iyer Named CFO Of Flipkart's Marketplace Biz

India, June 7 -- In a major top-level rejig, IPO-bound ecommerce major Flipkart has reportedly elevated Ravi Iyer to the role of the chief financial officer (CFO) of the company's marketplace arm. As... Read More


Apple Partners Tata For iPhone, MacBook Repairs In India: Report

India, June 6 -- Apple has reportedly partnered with Tata Group to handle iPhone and MacBook repairs in India, a move that underlines India's growing importance in the tech giant's global strategy. A... Read More


Nvidia, Andhra Govt To Set Up AI University, Upscale 10,000 Students

India, June 6 -- The Andhra Pradesh government has signed a memorandum of understanding (MoU) with chipmaker Nvidia to establish an AI university in the state. Besides the AI university, the two part... Read More


Zomato Rolls Out EV Bike Rentals To Boost Green Deliveries

India, June 6 -- Listed Eternal's food delivery arm Zomato is piloting a rental electric vehicle (EV) bike fleet for its delivery partners in Delhi-NCR. Under the initiative, the foodtech major is of... Read More


Amazon Thinks It's Prime Time For Ads; Will Brands Tune In?

India, June 6 -- Everything and everyone around us, even remotely related to the internet, is evolving, and global tech giants are no exception. While Indian businesses have long replicated the strate... Read More


Porter's 10-Year Grind: From Intracity To An INR 2.8K Cr Pan-India Logistics Business

India, June 6 -- What was the vision behind Uber? Its marquee founder, Travis Kalanick, once said the concept was a "cross between lifestyle and logistics". Little did he know that three IITians - Pra... Read More


Flipkart Adds NBFC Licence To Cart, India's Drone Tech Moment & More

India, June 6 -- Flipkart Adds NBFC Licence To Cart Three years and countless compliances later, Flipkart has finally received an NBFC licence. The authorisation will enable the ecommerce juggernaut ... Read More


Cryptos Likely To Hamper Financial Stability, Says RBI Governor

India, June 6 -- Reserve Bank of India (RBI) Governor Sanjay Malhotra said on June 6 that cryptocurrencies may affect the country's financial stability. Malhotra was replying to a question at a media... Read More


Vecmocon To Raise $8.7 Mn From Aavishkaar Capital, Others

India, June 6 -- EV intelligence startup Vecmocon Technologies is set to raise INR 74 Cr (around $8.7 Mn) in a funding round led by Aavishkaar Capital and existing backers Ecosystem Integrity Fund (EI... Read More