Welcome to the world of facts and news

Amazon eyes entering Japan prescription drug market: report

Amazon plans to partner with small- and mid-sized pharmacies for the service, starting next year when electronic prescriptions are allowed for the first time in Japan, Nikkei said, citing people involved in the project.

from Tech-Economic Times https://ift.tt/EhNYvMk

India’s Data Bill rethink act of wisdom: Microsoft's Brad Smith

In an interview with ET, Microsoft president and vice-chairman Brad Smith said India has for long been one of the major sources of talent in software and a great creator of software Intellectual Property but is now joining the ranks of the top 2-3 software economies in the world.

from Tech-Economic Times https://ift.tt/bklEM1S

Shadowfax in talks to raise $100 million, valuation likely to touch $350-400 million

Mumbai-based investment fund A91 Partners is in discussions to finance the primary part, three people said. The deal is currently in the due diligence stage, they added on condition of anonymity as the talks are private.

from Tech-Economic Times https://ift.tt/4zlJuMA

TCS mourns the demise of Cyrus Mistry

“Tata Consultancy Services mourns the untimely demise of our former chairman, Shri Cyrus Mistry,” said a TCS statement.

from Tech-Economic Times https://ift.tt/pL6ub0Q

Funds seized by ED don’t belong to us, says Paytm parent firm

The statement comes after the ED searched half a dozen offices belonging to online payment gateways such as Razorpay, Paytm and Cashfree in Bengaluru in connection with its probe into the Chinese loan app scam. The searches were made under provisions of the Prevention of Money Laundering Act (PMLA), the agency said in a statement on Saturday.

from Tech-Economic Times https://ift.tt/edwA7i0

Moonlighting polarises IT industry opinion; experts say return to workplace may ease concerns

With the vexed issue now in the spotlight, some industry watchers expect employers to consider extra safeguards to protect proprietary information and operating models, especially where employees are working remotely. Companies, analysts say, could also turn tougher on exclusivity clauses in employment contracts.

from Tech-Economic Times https://ift.tt/im3K2JN

Meesho ropes in celebs to push five-day mega sale

"These celebs will be seen in a brand new, quirky avatar, each of them donning the role of sellers in different categories and representing the regions they respectively belong to - building local relevance with customers across Bharat," Meesho said.

from Tech-Economic Times https://ift.tt/nZFRQJx

Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...