Tag Archives: Indian

Google to invest up to $1 billion in Indian telecom operator Airtel – TechCrunch

Google will invest as much as $1 billion in the Indian telecom operator Airtel, the latest in a series of bets the search giant has made in the world’s second largest internet market as part of a $10 billion commitment to the country. Google said it will invest $700 million to acquire a 1.28% stake in Airtel, the second largest telecom operator in India with over 300 million subscribers, and pour up to $300 million more to explore multi-year commercial agreements… Source link

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Google and Temasek back Indian neobank Open in $100 million funding – TechCrunch

Google has invested in Bangalore-based Open, becoming the latest high-profile investor to back a neobanking platform. Open said on Tuesday it has raised $100 million in a Series C financing round. Singapore’s sovereign wealth fund Temasek led the round, and Google and Japan’s SBI Investment (not to be confused with SoftBank or India’s SBI bank) as well as existing investors Tiger Global and 3one4 Capital participated in it. The new round, which brings the four-year-old startup’s… Source link

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Google files writ against Indian antitrust watchdog following report leak – TechCrunch

Google on Thursday filed a writ petition in the Delhi High Court against the Competition Commission of India following the leak of a damning confidential report detailing the watchdog’s interim fact-finding in an antitrust probe. The report, which Google has yet to formally receive or review, said the American giant had abused the dominant position of Android in India to illegally hurt competitors in the world’s second-largest internet market. The Indian… Source link

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Google expands Jio partnership with Indian smartphone, cloud tie-ups

NEW DELHI, June 24 (Reuters) – Google deepened its partnership with Reliance Jio on Thursday with an “ultra-affordable” smartphone which could connect hundreds of millions of customers to high-speed mobile data and a cloud tie-up to boost the Indian telecoms firm’s 5G push. The ‘JioPhone Next’ has been developed by Alphabet’s (GOOGL.O) Google and Jio for the Indian market, Mukesh Ambani, chairman of Reliance Industries (RELI.NS) of which Jio is a part, told his company’s annual shareholder… Source link

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The Indian stay-at-home mum trolled for poem on Covid dead

Parul Khakhar describes herself as a ‘homemaker first – and a poet, second’ One morning in early May, a poetess living in a nondescript town in India’s western state of Gujarat finished her chores and picked up the newspapers. India was in the throes of a deadly second wave of the coronavirus. Disturbing pictures of India’s holiest river, the Ganges, swollen with bodies of people feared to have died of Covid-19 filled the front pages. There were reports of overflowing cremation grounds, and of… Source link

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Hundreds of bodies found buried along Indian riverbanks

PRAYAGRAJ, India (AP) — Police are reaching out to villagers in northern India to investigate the recovery of bodies buried in shallow sand graves or washed up on the Ganges River banks, prompting speculation on social media that they’re the remains of COVID-19 victims. In jeeps and boats, police used portable loudspeakers with microphones asking people not to dispose of bodies in rivers. “We are here to help you perform the last rites,” police said.  On Friday, rains exposed the cloth… Source link

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Google backs one-year-old Indian startup DotPe in $27.5 million fundraise

Google’s latest investment in India is a startup that is helping businesses come online. One-year-old DotPe, a Gurgaon-based startup, said on Friday it has raised $27.5 million in its Series A financing round. The round was led by PayU, with participation from existing investor Info Edge Ventures and Google. The young startup, now valued at about $90 million, helps brick and mortar stores sell to customers online and collect payments digitally. It’s a problem that scores of startups in… Source link

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JioPages, the Made-In-India Swadeshi web browser, three more Indian languages including Odia | Odisha Breaking News | Odisha News | Latest Odisha News

Bhubaneswar: JioPages, the Made-In-India Swadeshi web browser, has added three more Indian languages including Odia, Assamese, and Punjabi along with earlier eight Indian languages like Hindi, Marathi, Tamil, Gujarati, Telugu, Malayalam, Kannada and Bengali. JioPages has introduced several new features including the option to browse and read in 3 more regional languages like Odia, Assamese and Punjabli in addition to the earlier eight languages available on the… Source link

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GameStop’s Wild Ride Has Indian Retail Traders Joining In

(Bloomberg) — India’s day traders are strapping in for the GameStop Corp. ride that’s taken equity markets by storm. The videogame retailer was among the five most-traded names over the past week on Stockal, a platform for Indian retail investors to trade U.S. equities. GameStop accounted for about 15% of all trades on the platform, co-founder and co-chief executive officer Sitashwa Srivastava said in an interview. “We were not expecting Indians would be on Reddit, reading about… Source link

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