Tag Archives: india

India bans import of 101 defence items to boost ‘self-reliance’ (Aatm Nirbhar Bharat): Rajnath Singh, Defence Minister

In an effort to boost the ‘self-reliance’ (Aatm Nirbhar Bharat) initiative, India now puts a ban on importing 101 items of military equipment. On Sunday, defence minister of India, Rajnath Singh announces this plan to clearly give a boost to domestic defence production in India. Minister also added that a separate budget of nearly 520 […]

Zomato introduces ‘Period Leave’ for female employees in India

Indian food-tech startup Zomato announced on Saturday that from now the company would give female employees up to 10 days of “period leave” per year. This introduces as a part of an effort to combat the stigma around the issue. The biggest name in Indian food delivery space, Zomato is also known for its policies […]

Billionaire Milner nears $400 million funding in India’s EdTech startup Byju’s

Billionaire Yuri Milner investment firm, DST Global is close to investing around $400 million in well known Indian online education startup Byju’s. This development is reported by Bloomberg. Interestingly, as per the sources quoted on the report, this deal which may be announced in the coming weekend will value Byju’s at $10.5 billion. And if […]

International flights to remain suspended till 31 August: Indian Govt.

The Indian government has extended the suspension of scheduled international flight services to 31 August. But the catch is, this restriction would not apply to international all-cargo operations and flights specifically approved by the Directorate General of Civil Aviation (DGCA). Reportedly, DGCA said in the statement, “To allow gradual movement of passenger traffic during the […]

TikTok told Indian govt. that the company is ready to store data locally

Chinese app Tiktok by internet giant ByteDance has briefed the Indian government that the company is now ready with a framework to set up data centers in India that will store the information of users locally. Although the company still denies any kind of breach of user privacy and integrity highlighting that its functioning has […]

How India has become an opportunity for worldwide franchises?

With a population of more than 1.3 billion, India has become a destination for franchisees from all over the world. From the big towns to the smallest of cities we can notice brands from across the world making their footprints in India. KPMG and Franchise Association of India (FAI) recent report shows the Indian franchise […]

Huawei trims its India revenue target by 50%; laying off staff: ET

Huawei Technologies Co, a Chinese telecom company has decided to trim its revenue focus in India for the year 2020 and is sacking more than half of its employees. This all is happening at a time when the voices to ban Chinese products is growing stronger day by day in India. Economic Times has reported […]

Court issues summons to Alibaba, Jack Ma on former staff complain

Alibaba and its founder have been summoned by the Indian court in an inquiry in which a former employee of them has blamed them for terminating him in an unjustified manner after he objected against the censorship and fake news he saw on the company apps. The former worker of UC Web Pushpandra Singh Parmar […]

Prime Minister Narendra Modi addresses American companies to invest in India

Prime Minister Narendra Modi while addressing on Wednesday made a powerful speech for American companies to invest in India. PM highlighted that this is the best time to invest in India particularly in a “Nation you can trust”. Together India and the US can help the world to recover from this global crisis he further […]

Zoom to open a technology centre in Bangalore

Today Zoom Video Communications Inc (ZM.O) announced that it is going to open a technology centre in the Indian IT hub city of Bengaluru and will speedily start the hiring process to get a stronghold in India. Velchamy Sankarlingam, Zoom’s president of product and engineering said, Diversification of the company for the new technology centre […]
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