Allaying fears of the Indian startup ecosystem, Manmeet Nanda, joint secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) said that she doesn’t foresee any issue in Indian startups’ financial requirements.
Called Tongyi Qianwen, the AI large language model drafted invitation letters, planned trip itineraries and advised shoppers on types of makeup to purchase in a filmed demonstration.
The Korea Fair Trade Commission (KFTC) said on Tuesday that Google bolstered its market dominance, and hurt local app market One Store's revenue and value as a platform.
India’s largest stock broker Zerodha’s founder & CEO Nithin Kamath expects the firm's revenue and profits to expand by one-fifth in the year ended March 31, 2023. But if recessionary trends and market volatility, triggered by geopolitical instability continue, the company’s revenue could fall 40% by the end of FY24, Kamath told ET.
While experts are requesting the government to step in and create "harmony" between different legislations to ensure clarity and for ease of doing business for tech companies, minister of state for electronics and IT Rajeev Chandrasekhar said recently that the government would eventually take a call on such matters.
This will replace Cambridge Admissions Assessment Testing (CAAT), which will continue to deliver the TSA (social sciences entrance) and BMAT (medicine entrance) tests for relevant courses for one more year. Deal financials were not disclosed.
It plans to use the funds to strengthen its market presence and enhance tech capabilities and expand operations in newer geographies such as NCR, Gujarat, Rajasthan, Madhya Pradesh, and Chhattisgarh.