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FOREIGN TECH FIRMS
Paisalo Digital bets on AI and Nvidia chips to double its loan book in 3 yearsPaisalo Digital is aggressively pursuing a technology-first strategy, aiming to double its loan book in three years while maintaining a hea...- EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...
- China used foreign tech to rise, but now it's slamming the doorChina, once a keen learner of Western technology, is now shifting gears to protect its own innovations. New outbound investment rules, effe...
- India initiates anti-dumping probes against five products from China, other nationsThe five items are moulded soda-lime glass vials; electric tractors in 6x4 and 4x2 axle configuration in any form; cyanuric chloride; polye...
- Agnikul, Finnish ICEYE in pact to build sovereign SAR satellitesThe partnership aims to create an ecosystem where satellites can be manufactured in India using ICEYE’s SAR technology and deployed on Agni...
- China imposes 'national security' rules on overseas investmentsChina is intensifying its scrutiny of investments overseas with broad "national security" regulations taking effect from Wednesday, at a ti...
- India Semiconductor Mission 2.0 gets EFC nod with ₹1.2 lakh crore outlayIndia's semiconductor ambitions are set for a major boost with the Expenditure Finance Committee approving nearly ₹1.20 lakh crore for the ...
- Alternatives to OpenAI, Anthropic: With US prime AI off the table, India opts for fine ChinaChinese open-source models, already popular among startups due to lower costs, may now make their way to large enterprises looking to avoid...
- China places 20 Japanese entities on export control list for dual-use itemsChina has placed 20 Japanese firms, including subsidiaries of Mitsubishi and Fujitsu, under export controls for dual-use items. Beijing cit...
- Markets poised for a cautious start as GIFT Nifty trades flatIndian markets ended Thursday on a high note, with the Nifty 50 climbing nearly 1% from its lowest point. This positive momentum was fueled...
- The hidden reason global capital is looking beyond India for future growthForeign investors are reallocating capital away from India towards markets like Taiwan and South Korea that offer stronger exposure to AI a...
- Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
- Make Indian auditors less of an oddityIndia's ambition for a globally competitive audit sector faces hurdles, with local firms struggling to match multinational rivals. While pr...
- Trusted Interdependence: India's next step in defence self-relianceIndia's defence strategy has shifted from 'Make in India' to 'Aatmanirbharta', emphasizing indigenous development and discouraging imports....
- Vessel hit by 'unknown projectile' in Hormuz Strait: Maritime agencyThe UK Maritime Trade Operations (UKMTO) security agency reported that the incident occurred 7.5 nautical miles (14 kilometres) southeast o...
- Italy's Domyn to launch open source frontier AI model within a yearThe Italian tech company Domyn plans to unveil an extensive, fully open-source AI model in less than a year, putting it on track to compete...
- What should Dubai residents know about new ‘flexi rent’ plan that will allow tenants to pay monthlyDubai is revolutionizing its rental system with the 'Flexi Rent' program, allowing tenants to pay rent in monthly, quarterly, or semi-annua...
- Legal tech firm sues US over order limiting foreign access to top-tier Anthropic modelsLegion LegalTech Corp, a legal tech firm based in the US, has initiated legal action against the federal government after a controversial d...
- India at risk of AI blackout? Why Bernstein wants India to have its own DeepSeekBernstein has warned that India risks an "AI blackout" if it remains dependent on foreign AI models, urging the country to develop its own ...
- Foreign influence increasing over India's fintech sector: GTRI on Meta's investment in CredThink tank GTRI said that the deal gives Meta a foothold in one of the country's richest repositories of consumer financial-behaviour data,...
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