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Ola seeks government relaxations for its drivers in the form of interest free loans and tax free ‘holiday’ periods

Ola, India’s biggest ride hailing service, wants the government to step in…
amazon logo

Amazon stops accepting cash as a mode of payment in India to prevent COVID 19 spread

Amazon, in an announcement on its website, has promulgated that it is…
Elon Musk

Tesla’s New York gigafactory to reopen for ventilator production ‘as soon as humanly possible’, says Elon Musk

Elon Musk has confirmed that Tesla’s New York gigafactory would reopen soon…

Flipkart is resuming grocery services after government clarification on functioning of ecommerce during lockdown

Flipkart, after suspending all of its operations earlier, is set to resume delivery…

GSMA announces refund deal for MWC 2020, 100% remittance to attendees with similar benefits for exhibitors

Mobile World Congress 2020 was an early casualty of the COVID-19 pandemic.…
Microsoft

“Microsoft will get out of COVID-19 crisis ‘pretty strong’ “, assures CEO Satya Nadella

Even though coronavirus has most companies in the world on their knees,…
Flipkart

Flipkart suspends all operations, Amazon to only deliver essentials as India locks down

Two of India’s biggest ecommerce players are suspending most of their operations…

Apple suppliers suspend iPhone production in India amid lockdown

Largely along expected lines, Apple suppliers Foxconn and Wistron have suspended their…

The US Senate and White House agree on a $2 Trillion stimulus package to arrest sliding economy

The Trump administration and the United States senate have reached a deal…

Coronavirus results in increased user engagement on Facebook, but advertising revenue takes hit

In an investor guidance released by Facebook today, the company has warned…

Facebook to acquire stake in India’s Reliance Jio in a multi-billion dollar deal, reports FT

Tech giant Facebook could soon be a sizeable shareholder in Mukesh Ambani’s…
Microsoft ends Skype after two decades

UAE lifts restrictions over Microsoft Skype for Business, Google hangouts

Owing to the ongoing coronavirus pandemic and subsequent business disruptions that have…

India goes under nation-wide lockdown from midnight, government to spend $2Bn to fight coronavirus

Prime Minister Narendra Modi, in his second national address in a week,…

2020 Tokyo Olympics delayed by a year

After weeks of speculation, the news, that sportspersons and fans alike throughout…

India’s MyLab receives drug regulator CDSCO validation for first “made in India” COVID-19 testing kits

In what is certain to provide massive boost to India’s already unprecedented…
Twitter

Twitter expects revenue loss for Q1 2020, but monetizable DAUs surge

Twitter, just like every other company in the world right now, is…
Nvidia resumes H200 China shipments

Chinese telecoms lost 21 million subscribers during pandemic

China, home to the world’s largest population, was hit by the coronavirus…
Netflix

Netflix to lower traffic on Indian internet providers by 25% without much quality compromise

After interventions requested by Indian telecom companies through Department of Telecommunications, Netflix…
didi

SoftBank close to investing $300 million in Didi Chuxing’s self driven vehicle unit

Softbank is looking to continue on its mega financing spree, despite significant…

CoinDCX bags $3 million in funding as India opens regulatory gates to cryptocurrency trading

Less than 3 weeks after Supreme Court of India’s historic judgement to…

Apple not a trillion dollar company anymore as unprecedented Fed stimulus fails to arrest market slide

NASDAQ and other US indices continued to show sharp declines as a…