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Import relief for IT hardware; fraudsters use agent networksHappy Tuesday! The government may offer import quota concessions to IT hardware makers. This and more in today’s ETtech Morning Dispatch.- Rupay credit cards on UPI will now earn same reward points like other RuPay cards including on these UPI transactionsRuPay credit card: The National Payments Corporation of India (NPCI) in a circular directed all RuPay credit card issuing banks to ensure t...
- Prosus writes off Byju's stake; Swiggy, PayU India report cardDutch investment major Prosus said its investment in Byju’s is worth zero. This and more in today’s ETtech Top 5.
- Apple supplier Corning to build a Rs 1,000 crore facility in TN; Zomato to enter catering bizAmerican gorilla glass maker Corning is setting up a manufacturing unit in Tamil Nadu with an investment of Rs 1,000 crore, we have learnt....
- Deeptech, AI warm up the tech talk at Slush 2023; and other top tech, startup storiesSlush 2023 saw over 13,000 participants, including 5,000 startup founders and operators, in addition to around 3,000 investors managing a c...
- Ola’s valuation slashed 35% to $4.8 billion; ONDC caps incentives for sellers, discounts may reduceLate-stage startups in India are hit by valuation markdowns, a trend which unfolds during all downcycles in technology. After Byju’s, Swigg...
- More cost cuts at Indian startups as funding plummets; LazyPay, Kissht hit by Govt app banFaced with a severe fund crunch, big and small startups are now shedding non-core businesses as part of further steps to cut costs. While i...
- MeitY ban on loan apps includes non-Chinese players too; Dell to lay off 6,650 employeesOn Sunday, the Indian government issued orders to block 138 betting and gambling apps and 94 loan providing apps due to foreign links on an...
- Fresh orders to ban 54 Chinese apps; recurring payments still a messThe Indian government, which banned 224 Chinese apps in three rounds in 2020, has now issued fresh orders to ban around 54 Chinese apps, ma...
- ETtech Deals Digest: Dream Sports fundraising; Khatabook buys Biz AnalystIn this week's ETtech Deals Digest: Dream11 owner Dream Sports closed a $400 million secondary investment round, while Sequoia Capital-back...
- Like China, India also has a gruelling work cultureIndians are becoming exactly like the Chinese and Japanese when it comes to killer working hours.
- Unocoin partners with PayU Biz for simple buying of bitcoinsTo buy Bitcoin using Net Banking, Unocoin users will have to head onto "Buy Bitcoin" tab and choose ‘Netbanking’ as the mode of payment.
- Noida-based BPO Cyfuture files police complaint against Ringing BellsBPO Cyfuture has alleged fraud and non-payment of dues, and have sought Rs 80 lakhs from the makers of the smartphone priced at Rs 251.
- Call centre alleges fraud by Ringing Bells; company refutes chargeRinging Bells has been accused of "fraud" and non-payment of dues by its customer service provider, a charge refuted by the company.
- PayU Biz introduces 'one tap' for mobile paymentsPayment processor PayUbiz unveiled a cutting-edge technology called 'one tap', which allows mobile payment using debit or credit card to go...
- Online payment provider PayU to invest Rs 60 crore in branding and marketingPayU will spend about Rs 94 lakh per day on marketing followed by a second phase of the campaign with a new budget later this year.
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