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Startups and Tech

Paytm pledges all its current assets to borrow Rs 1,400 crore from ICICI Bank

Paytm’s parent company, One97 Communications has pledged Rs 7,081.1 crore in assets to the bank for its working capital needs.

'Amazon Pay UPI' launched for Android users in India

Amazon has partnered with Axis Bank to issue UPI IDs to its customers in India.

Hyderabad startup E-waste Exchange receives global recognition from WEF

The T-Hub startup was awarded with a Medallion from WEF for its innovation of creating a Circular Economy model for e-waste management.

Xiaomi, Samsung control 50% of India’s smartphone market

Xiaomi surpassed Samsung to become the market leader in 2018 with 28.9% share in the Indian smartphone market

Hacker who stole over 600 mn user records strikes again, steals 127 mn records more

As per a Tech Crunch report, the hacker has stolen these records from eight websites including Ixigo, YouNow, Coinmama, Petflow, among others.

Andhra CM Naidu lays foundation stone for Adani group’s Data Centre in Vizag

Adani Group is investing over Rs 70,000 crore in the data centre over the next 20 years, which is expected to create over 100,000 direct and indirect jobs.

COAI opposes govt’s proposal to regulate internet platforms to curb fake news

Represented by Airtel and Vodafone, COAI feels that the new regulations are vague and could also potentially violate the privacy of users.

Samsung India aims to make Galaxy A series a $4 billion brand

The price range of the all new Galaxy A smartphones will be between Rs 10,000 and Rs 50,000 - practically taking on every Chinese smartphone maker in India.

Meet Neeman’s, a Hyderabad startup making all-purpose shoes from natural fibres

Neeman’s shoes are made from Merino wool, which has anti-bacterial qualities and is odour-resistant.

HP launches new premium range of laptops in India starting at Rs 1.3 lakh

The Spectre range comprises HP Spectre Folio and HP Spectre x360, with Folio being the world’s first leather convertible PC.