NSIL and French Firm Join Forces for Satellites
India and France have announced a strategic partnership to explore the global satellite launch market, using their respective heavy-lift launch vehicles, LVM-3 and Ariane-6. The MoU was signed during French President Emmanuel Macron’s visit to India, highlighting the deepening space collaboration between the two nations. Background NewSpace India Limited (NSIL) is the commercial arm of […]
Hyderabad’s Kore.ai Secures $150M in Round Three
Kore.ai, a conversational AI company based in Hyderabad, has raised $150 million in a strategic growth investment led by FTV Capital and Nvidia. The company provides an enterprise-grade no-code platform for building chatbots and other AI solutions for various industries and use cases. Kore.ai plans to use the funds to expand its market presence and […]
Sebi Reviews Penalty Disclosure Norms
Sebi, the market regulator in India, is reviewing a requirement for listed companies to disclose all penalties imposed by authorities, even an insignificant amount, which increases the compliance burden. The regulator in July 2023 mandated disclosure of all penalties to stock exchanges irrespective of the amount. Earlier, companies could use their discretion in disclosing fines. […]
Import Duty for Mobile Parts in India Down to 10%
The Indian government has reduced the import duty on mobile phone components from 15% to 10%. This decision impacts a variety of components including battery covers, lenses, antennas, SIM sockets, and various mechanical and plastic items. The move is aimed at boosting exports from Asia’s third-largest economy and attracting more investment from global smartphone makers […]
Sun Life’s GenAI: Emerging Tech for Excellence
Sun Life, a global leader in life insurance and asset management, is leveraging generative artificial intelligence (GenAI) to drive client excellence and innovation. GenAI is a branch of AI that can create new content, such as text, images, or code, based on existing data or parameters. Sun Life has been experimenting with several GenAI projects […]
DTDC Expands to Malaysia, Boosts Southeast Asia Presence
DTDC, India’s leading integrated express logistics company, through its subsidiary DTDC Global Express PTE Ltd, has entered the Malaysian market by inaugurating a new office in Kuala Lumpur. The move expands DTDC’s presence in Southeast Asia, adding to its existing locations in Singapore and Australia. Malaysia: A Strategic Market for DTDC Malaysia shares a healthy […]
Cellecor-CashKaro: A Game-Changing Tech Partnership
Cellecor, a premium brand of smart gadgets, has partnered with CashKaro, India’s largest cashback and coupons platform, to offer customers an unparalleled online shopping experience. This strategic collaboration aims to revolutionize the lifestyle tech industry by introducing cutting-edge smart products that enhance convenience, connectivity and intelligence. Cellecor is a Delhi-based company that offers a range […]