Reliance Jio has denied allegations of sabotaging Telegram access outside India. Telegram CEO Pavel Durov claimed BGP hijacking was used. Experts note ambiguity in Durov’s statements, with one mentioning Reliance Communications (AS18101) and a snapshot showing the same. Reliance Jio…
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Indian financial authorities are examining large over-the-counter cryptocurrency trades. The Financial Intelligence Unit is requesting data from major crypto exchanges for transactions exceeding $10,000. This move aims to combat money laundering and track beneficial owners. These off-market deals are insulated…
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Indian IT firms are facing a shortage of Forward Deployed Engineers (FDEs), crucial for AI adoption and client-site customization. To compensate, companies are bundling multiple specialist roles into a single FDE, leading to clients not receiving the expected deep tech…
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The National Stock Exchange of India has filed draft papers for its initial public offering. This move positions NSE for one of the country’s major IPOs this year. It follows a previous attempt in 2016 that was delayed. NSE is…
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Aye Finance is set for significant expansion. The company targets 25 to 30 percent annual growth, aiming to double its assets under management to Rs 15,000 crore by FY29. This growth will be fueled by increasing secured lending and opening…
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BigBasket is embracing a pivotal leadership transition as Amit Nanda steps in as CEO, with a laser focus on enhancing its quick delivery approach and curbing operational losses. Current CEO Hari Menon reflects on the company’s slower adoption of ultra-fast…
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