India Postpones Laptop Import Restrictions
India has postponed the start date of restrictive measures against the import of laptops, tablets, and servers to this country.
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Foxconn Plans to Build Component Plants in India
Foxconn Technology Group, Apple’s main supplier based in Taiwan, intends to increase investment in the development of production in the southern Indian state of Karnataka to more than $1.2 billion.
Applied Materials Expands in India
The American company Applied Materials, a manufacturer of equipment used in the production of microchips, announced its intention to expand the scale of its activities in India.
Venture Capital Firm Together Fund to Help Indian AI Startups
The Indian venture capital company Together Fund announced the creation of an early-stage fund to provide financial assistance to firms that operate in the area of artificial intelligence.
Foxconn Buys Apple Equipment
Over the past year, Foxconn Technology Group has acquired from Apple the equipment necessary to establish production activities, with a total value of $33 billion.
Indonesia and India Can Sign Cross-Border Payments Pact
The media reports that India and Indonesia intend to combine their fast payment systems.
Indian Tech Giant Wipro to Invest $1 Billion in AI
Wipro, one of the leading software providers in India, intends to train all its employees to use artificial intelligence.
Apple Purges Predatory Lending Apps in India
Apple removed several lending apps from the App Store in India this week.
Amazon to Invest $26 Billion in India by Decade’s End
Amazon plans to invest $26 billion to expand and improve its operations in India.
Apple Restarts Talks for Apple Pay Launch in India
The media reported that over the past few weeks, Apple has been actively discussing with representatives of the Indian authorities about the start of official negotiations on the launch of the Apple Pay payment service in the South Asian market.
What Is the New Name of Allahabad Bank
Allahabad Bank was a bank in India that was founded in Allahabad in 1865. The bank had a long and rich history of providing banking and financial services to the citizens of India.
ChrysCapital Invests $100 Million in Lenskart
ChrysCapital has directed investments in the amount of $100 million for the development of the Indian startup Lenskart, which specializes in the production of glasses.
PayMate Expands to Chase $68 Trillion B2B Payment Market
PayMate, a provider of business-to-business (B2B) payments and services, announced the expansion of the geography of its activities.
JPMorgan Turns to Blockchain for Dollar Trades in India Hub
JPMorgan Chase, together with several Indian banks, will launch a project aimed at creating a blockchain-based platform.
NestAway Sells for $11 Million
Technology firm Aurum acquires NestAway, an Indian startup that has previously demonstrated positive development dynamics and is a real estate rental platform.
Amazon Tests Dine-In Payments in India
After the closure of the food delivery business last year, Amazon India began experimenting with paying for lunch.
