Tata Power in exploratory talks with Tesla to set up EV charging infrastructure in India

In a development that sets the groundwork for electric vehicles in India, one of the country’s biggest power generation and transmission company Tata Power said, it is exploring an arrangement with Tesla Inc to set up charging infrastructure in the country. Talks are in initial stages and agreements are yet to be signed, cautioned sources.…

WhatsApp should withdraw privacy-invading policy update: India’s Ministry of Technology

In a statement on Tuesday, India’s Ministry of Technology said, it has told Facebook Inc-owned WhatsApp to withdraw the recent changes in its privacy policy since it they take away choice from Indian users. “The proposed changes raise grave concerns regarding the implications for the choice and autonomy of Indian citizens,” said Ministry of Technology…

Indian short video sharing app Josh raises more than 100 million in funding round

An Indian short-video sharing app, Josh, has raised more than $100 million from investors including Microsoft, and Google, in a growing space that further eats into TikTok’s market share. Josh is one of several short video platforms have cropped up after India blocked the Chinese consumer data harvesting app in June. Josh has drawn global…

India takes resolute trade action to defend consumer data from harvesting Chinese apps

With India taking legal resolute measures to fight China’s harvesting of consumer data through apps and promptly banning those which do not comply to its security standards, China is starting to feel the pinch of loss of business and has opposed New Delhi’s move. The development comes in the wake of China making belligerent claims…

WhatsApp approved for launching digital payment services in India

In a significant development that sees Facebook gaining entry into India’s booming digital payment space, WhatsApp has been granted approval to role its payments service in India. WhatsApp, which has over 400 million users in India, its biggest market, will compete with Alphabet Inc’s Google Pay, Softbank- and Alibaba-backed Paytm and Walmart’s PhonePe. Menlo Park,…

Indian digital payments giant Paytm valued at $16 billion in latest funding round

On Monday, Paytm, an Indian digital payments company stated it has raised fresh funds totaling to $1 billion from a group of investors which includes existing backers such as SoftBank’s Vision Fund and China’s Ant Financial Services. The funding round saw Paytm being valued at $16 billion. A fresh investment in Paytm by Japan’s SoftBank’s…