Broad exemptions sought by lawmakers in the proposed Data Protection Bill will adversely impact the fortunes of India’s $190 billion IT-BPM industry in the European Union, senior executives say.from Tech-Economic Times https://ift.tt/3o7wOZI
Data Bill waivers sought by govt worry Indian IT firms
Broad exemptions sought by lawmakers in the proposed Data Protection Bill will adversely impact the fortunes of India’s $190 billion IT-BPM industry in the European Union, senior executives say.from Tech-Economic Times https://ift.tt/3o7wOZI
Apple to let iPhones accept credit cards without extra hardware
The system will likely use iPhone's near field communications, or NFC, chip that is currently used for Apple Pay, the report said, adding the feature may roll out through a software update in the coming months.from Tech-Economic Times https://ift.tt/3KG3HX8
Tesla forecasts 2022 growth above 50%, despite supply chain challenges
Tesla, which produced a few cars at its Berlin and Texas factories last year, said scaling up production there would depend on supply chain headwinds and the successful introduction of new technologies.from Tech-Economic Times https://ift.tt/3G6AwJs
Gig workers left in the lurch; Cred plans social commerce foray
India’s gig workers have been on the frontlines during the pandemic, delivering food and other essentials even during lockdowns and curfews.from Tech-Economic Times https://ift.tt/3H4HXC4
Venture Catalysts floats new fund to focus on growth-stage fintech investments
With a target size of $100 million, Beams will look to invest $8 million-$10 million in growth-stage funding rounds of Indian fintech companies and plans to invest across a dozen fintech startups. The fund is in the advanced stages to make its first close.from Tech-Economic Times https://ift.tt/3FZuryd
As fintech Cred diversifies, it is betting on video commerce and group buying
The Bengaluru-based unicorn presently valued at $4.01 billion has begun product work on these new offerings and is likely to launch the features later this year.from Tech-Economic Times https://ift.tt/3o1Zx2m
Gig workers ride solo during third wave
Many delivery staffers say companies not helping with second shots, PPE gear; online firms refute claimsfrom Tech-Economic Times https://ift.tt/3H4FmrV
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