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Industry Updates

Nokia India’s net sales drop by 68% in 2Q24 due to reduced 5G capex by Jio and Airtel

In Short:Finnish company Nokia reported a 68% drop in net sales in India in Q2 2024 compared to last year, with a significant impact...

Budget to introduce new scheme to encourage medical equipment manufacturers.

In Short:The Union Budget may introduce a new scheme to promote domestic manufacturing of medical devices to achieve self-reliance and reduce healthcare costs. The...

Private telcos see unexpected benefits from tariff hike decision

In Short:BSNL has gained 250,000 customers through mobile number portability and added 2.5 million new connections since private telcos increased tariffs. BSNL's affordable plans...

byteXL secures $5.9 million in Series-A funding.

In Short:Edtech startup byteXL has received $5.9 million in funding to expand its team, enhance existing products, and develop new digital tools. The goal...

Pocket FM is now reaching audiences in Europe and Latin America.

In Short:Audio series platform Pocket FM, led by CEO Rohan Nayak, is expanding globally to Europe and Latin America, with a focus on regional...

Airlines and Airports Embrace AI for Stress-Free Travel: SITA

In Short:Air travel, especially on international routes, can be tiring and frustrating due to extensive documentation requirements. SITA believes that in the next five...

Google Pixel 9 Series, Including Pixel 9 Pro Fold, Leaks: Design, Battery, Charging Details Online

In Short:The Google Pixel 9 series, including models like the Pixel 9 Pro Fold, is set to be revealed at an event on August...

Zydus partners with Takeda Pharma for GERD drug marketing

In Short:Zydus Lifesciences Ltd has made a deal with Takeda Pharmaceutical Company to market a new drug called Vonoprazan in India. The drug will...

Vivo V40 and V40 Pro with Zeiss Optics Cameras Set to Launch in India: Report

In Short:The Vivo V40 and V40 Pro are set to launch in India soon, serving as successors to the V30 and V30 Pro models....

DoT suspends two telemarketers for sending fraudulent messages

In Short:The Department of Telecommunications has suspended the operations of two telemarketing companies, V-con Intelligent Security and Onextel Media, for sending 55.5 million fraudulent...

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