RIYADH — The LuLu Group launched India Utsav, a celebration of Indian commercial ties with KSA and festival of India’s popular cuisine as part of the 74th Republic Day of India which falls on January Source: Saudi Gazette
Tag: Indian
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12,700 Indian products bring quality and value for shoppers this Republic Day
RIYADH — The LuLu Group launched India Utsav, a celebration of Indian commercial ties with KSA and festival of India’s popular cuisine as part of the 74th Republic Day of India which falls on January Source: Saudi Gazette
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Indian food delivery giant Swiggy to cut 380 jobs
Swiggy plans to lay off 380 jobs and shut down its meat marketplace as the Prosus Venture and SoftBank-backed Indian food delivery giant looks to navigate the market downturn that has forced firms to become leaner and more disciplined. In an email to employees on Friday, Swiggy co-founder and chief executive Sriharsha Majety said the...
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Google to cooperate with Indian authorities after losing Android antitrust ruling bid
Google will continue to challenge the Indian antitrust watchdog’s ruling, but will cooperate with the authorities “on the way forward,” it said Friday, responding to a high-profile decision by the top Indian court this week that is cornering the Android-maker into making a series of changes that could topple how it conducts business in the...
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Gogoro, Belrise JV to spend $2.5B on battery swapping network in Indian state
Gogoro, the Taiwanese paladin for two-wheeler battery swapping, is working with the Indian state of Maharashtra to establish state-wide battery charging and swapping infrastructure. The initiative will be driven by a “50-50” partnership between Gogoro and Belrise Industries, an automotive systems manufacturer based in India, that will form an infrastructure company to own the batteries...
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Indian edtech giant Byju’s changes sales strategy in key revamp
Byju’s has made a key change in its sales strategy, moving away from a business practice that attracted the edtech giant criticism over the years. The Bengaluru-headquartered startup, India’s most valuable, said on Monday its sales people no longer visit potential student’s houses to pitch to their parents. Instead, the entire sales workforce now works...
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Indian Central Bank Chief Insists Crypto Should Be Banned — Warns ‘It Will Undermine Authority of RBI’ – Regulation Bitcoin News
India’s central bank has reiterated its stance on banning cryptocurrencies like bitcoin and ether. The governor of the Reserve Bank of India (RBI) likened cryptocurrency trading to gambling. He warned that crypto “will undermine the authority of the RBI and lead to the dollarization of the economy.” RBI’s Governor Wants Crypto Banned The governor of...
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Indian edtech Unacademy cuts upskilling service to double down on tests product and LinkedIn rival
Unacademy said on Tuesday that Relevel, its upskilling product, is shifting focus to tests product and the newly launched LinkedIn-rival NextLevel, the latest in a series of changes from the Indian edtech unicorn as it scrambles to aggressively find the next breakthrough. As part of the move, about 40 people at Relevel will be let...
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US tech giants say Indian panel’s recommended competition act ‘absolutist and regressive’
An influential industry group that represents Google, Meta and Amazon among other tech firms has expressed concerns about the digital competition law recommended by an Indian parliamentary panel that seeks to regulate their alleged anticompetitive practices, calling the proposal “absolutist and regressive” in nature. The Parliamentary Standing Committee on Finance recommended last month that the...
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Indian fintech KreditBee nears $700 million valuation in new funding
Indian fintech KreditBee has raised an additional $100 million in a funding round, it said, as the lender looks to scale its business in the South Asian market. The new cash infusion is part of the larger Series D funding, which KreditBee said has now closed at $200 million. The new funding, led by Advent...