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Razorpay bags $100 mn in Series D funding round led by GIC and Sequoia
Razorpay has bagged an amount of $100 million in a Series D funding round led by Singapore-based GIC and existing backer Sequoia Capital at a valuation of over $1 billion....
Atmanirbhar Bharat initiative may add $160 billion by 2024 to trade earnings
With New Delhi emerging as a feasible alternative to Beijing for manufacturing and other capital-intensive industries in a global de-risking of supply chains, India can increase its earnings from overseas trade to $160 billion by 2024 with potential investments from the likes of Apple Inc. and Foxconn....
India yet to decide on participation of Chinese vendors in 5G roll out: Niti Aayog CEO, Amitabh Kant
Niti Aayog CEO, Amitabh Kant has said that India is yet to take a final call on allowing Chinese companies to participate in the 5G network rollout. He also added that security will be a “major concern” in 5G. ...
AMD announces Ryzen 5000 Series Desktop Processors, to be available from 5th November
AMD has introduced the highly anticipated Ryzen 5000 Series desktop processor lineup powered by the new “Zen 3” architecture. Offering up to 16 cores, 32 threads and 72 MB of cache in the top-of-the-line AMD Ryzen 9 5950X, AMD Ryzen 5000 series processors dominate in heavily threaded workloads and power efficiency,...
Uday Shankar to step down as Chairman, Star & Disney India
The Walt Disney Company has announced that Uday Shankar, chief executive of Star India will step down from his position by the end of 2020. ...
Flipkart obtains 140-acre land at Rs 432 crore, to develop logistic park
Flipkart has acquired 140-acre land to set up their largest fulfilling centre in Asia in Manesar in Gurgaon in a bid to scale up their fulfilment infrastructure to cater to increased demand post Covid....
Aditya Birla Group ropes in Manish Gupta as Group CIO
Aditya Birla Group has appointed Manish Gupta to the position of Group Chief Information Officer. ...
IBM to spin off its IT infrastructure and focus on the cloud business
IBM (NYSE: IBM) announced today it will accelerate its hybrid cloud growth strategy to drive digital transformations for its clients. Additionally, IBM will separate its Managed Infrastructure...
Ex Apple designer & autocorrect creator develops game app 'Up Spell'
Former Apple software engineer and designer Ken Kocienda has created his first iOS app, Up Spell. Ken's work included the original iPhone and the development of touchscreen autocorrect. ...
Indian IT workers to suffer as US tightens H-1B non-immigrant visa rule
Thousands of Indian IT workers seeking an opportunity to work in the US may be affected by the decision of the Trump administration to make H-1B non-immigrant visa rules stricter. The technology companies carrying out their operations in the US hire lakhs of employees every...