Hero MotoCorp to increase stake in Ather with fresh $66.5 million investment

Hero MotoCorp, the world’s top two-wheeler maker, said on Monday it plans to invest up to $66.5 million in Ather Energy, a promising electric vehicle startup in India whose fast-growing…

Continue ReadingHero MotoCorp to increase stake in Ather with fresh $66.5 million investment

Walmart has spent $3.5 billion this year to increase stake in Flipkart

Walmart spent $3.5 billion to acquire shares from certain Flipkart stakeholders and resolve liabilities with some PhonePe shareholders, illustrating just how aggressively it’s betting on India at a time when…

Continue ReadingWalmart has spent $3.5 billion this year to increase stake in Flipkart

India’s Aditya-L1 solar probe successfully lifts off toward the sun

India has successfully launched its first space-based solar observatory mission — just 10 days after the landing of its spacecraft Chandrayaan-3 on the lunar south pole. Called Aditya-L1, the spacecraft,…

Continue ReadingIndia’s Aditya-L1 solar probe successfully lifts off toward the sun

Google pulls popular but controversial live video chat app Chamet from the Play Store

Google has removed a popular but controversial live video chat app Chamet from the Play Store. The company confirmed the move to TC saying that the app violated its user-generated…

Continue ReadingGoogle pulls popular but controversial live video chat app Chamet from the Play Store

Amazon inks logistics deal with India’s post and railway services, announces SMB generative AI tool

Amazon‘s march on the Indian market is taking to the rails and the mail. The e-commerce giant today announced new deals with India Post and Indian Railways to boost delivery…

Continue ReadingAmazon inks logistics deal with India’s post and railway services, announces SMB generative AI tool