Binance, the world’s largest cryptocurrency exchange that was banned by the government in January, is poised to return to India by paying a penalty of about $2 million, people aware of the developments told ET. The crypto exchange will come back as an entity registered with the Financial Intelligence Unit (FIU) of the finance ministry, they added. FIU is tasked with oversight of trade in virtual digital assets (VDA). Binance will comply with all applicable laws, including the...
Apple has recently made an aggressive play to expand operations on both the manufacturing and sales front in India.
Apple’s head of marketing for its new headset, the Vision Pro, has retired from his role. Frank Casanova has worked at the Big Tech firm for 36 years, according to a Wednesday (April 24) Bloomberg report. Casanova left the company last week, Bloomberg said, citing an update on his LinkedIn page. Casanova was involved in expanding the iPhone to […]
Computer chip maker Intel on Friday announced Santosh Viswanathan will head the India region business as its Managing Director (MD). Viswanathan has been with Intel for about 21 years. In March this year, Intel announced India as a separate region within its SMG (Sales, Marketing and Communications Group) organisation, to capitalise on the country's rapid growth and business opportunities. Santhosh Viswanathan, VP and MD-India region will lead the newly formed region, leveraging his expertise...
By Helen Regan, CNN (CNN) — Polls opened Friday for the first and largest phase of India’s marathon general election, kicking off a vote in which Prime Minister Narendra Modi is seeking to win a rare third consecutive term. About 969 million people are eligible to vote in the biggest election in human history, with
By Helen Regan, CNN (CNN) — Polls opened Friday for the first and largest phase of India’s marathon general election, kicking off a vote in which Prime Minister Narendra Modi is seeking to win a rare third consecutive term. About 969 million people are eligible to vote in the biggest election in human history, with
VerSe Innovation, the parent firm of Indian news aggregator app Dailyhunt, has acquired the popular digital newsstand platform Magzter, the two said Thursday. The Bengaluru-headquartered startup has fully acquired Magzter, a New York-headquartered firm that counted Singapore Press Holdings among its backers. VerSe didn’t disclose the financial terms of the deal. The acquisition of Magzter, […] © 2024 TechCrunch. All rights reserved. For personal use only.
As part of Apple's continued shift to increase iPhone production in India, the company is now trying to secure suppliers for camera modules within the country. iPhone 15 Pro Max camera module Apple has spent years trying to move away from China-centric production into one with multiple manufacturing bases. While Apple wants to significantly increase its iPhone production in India in the coming years, it has to solve multiple problems that can slow progress. One of the issues is...
Apple CEO Tim Cook is in Vietnam, and said today that the company is “committed to continuing to strengthen connections” in the country as it seeks to reduce dependence on China. In addition to investing more in the Vietnamese supply chain, Apple is also supporting a scheme intended to bring clean water to more than 42,000 children by the end of this month more
The rights to FIFA’s expanded Club World Cup tournament are reportedly heading to Apple on a global deal. Per the New York Times, the tournament, which will be held in the United States in the summer of 2025, is only bringing in “as little as a quarter of the $4 billion FIFA had first estimated,”
NEW DELHI, (IANS) – As Apple continues to minimize its dependence on China, the iPhone maker is increasing investments in India and is reportedly in advanced talks with Tata Group’s Titan Company and Murugappa Group to assemble sub-components for phone camera modules, and the country […]
The Redmi Pad Pro was unveiled for the Chinese market last week alongside the Redmi Turbo 3 smartphone, and if you've been wondering whether the tablet would make a global debut later on, the answer seems to be a resounding yes - with 5G support in some markets, even. The Redmi Pad Pro 5G has been spotted in the Google Play Console database, with the model number 24074RPD2I which tells us it's headed to India (the "I" at the end is for India). But wait, there's more! The Google Play Console...