PhonePe to launch ecomm app on ONDC; Web3 draws early-stage investors

It made attempts previously with offerings such as Switch, loosely based on the ‘super app’ concept, and Stores, which was aimed at facilitating hyper-local discovery of merchants.

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How PhonePe is sharpening its e-commerce ambitions as it breaks away from Flipkart

To launch grocery side shopping on ONDC; sets aside $15 million for biz

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India chip component market to grow to $300 billion from 2021 to 2026: report

The ‘India Semiconductor Market Report, 2019-2026’, a joint research by the India Electronics & Semiconductor Association (IESA) and Counterpoint Research, observed that India is poised to be the second largest market in the world in terms of scale and growing demand for semiconductor components across several industries and applications.

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HCL Tech looks to expand ties with hyperscalers: chairperson Roshni Nadar Malhotra

Nadar Malhotra, who is also the richest woman in India, said that the company has committed to achieving net-zero carbon by 2040, joining a select group of public firms globally that have committed to such emission targets.

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Early-stage investors still betting on Web3 solutions

Last week, CoinSwitch Kuber launched a $10-million Web3 Discovery Fund. It will cut checks between $25,000-$250,000 for services, products, and infrastructure startups in the sector, Ashish Singhal, cofounder and CEO of CoinSwitch Kuber, told ET.

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Foxconn chairman Liu spots ‘upgrade in govt efficiency’

​​ “We think India will play a very important role in the future. So, overall, I think our development in India, I see it actively heading in a positive direction – that is, it is going to get better and better,” Liu told investors and analysts during the company’s second-quarter earnings call last week.

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Apple lays off recruiters as part of its slowdown in hiring

The recruiters were responsible for hiring new employees for Apple, and the cuts underscore that a slowdown is underway at the company.

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