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KM Birla's worst fear about Vodafone Idea may be coming true

Analysts see the sector rapidly evolving into a private duopoly of Airtel and Jio over the next 9-12 months.
The Economic Times

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Google, Walmart help drive India payments past 1 billion transactions

Indian digital payments took off when the govt pushed demonetization in 2016, invalidating most of the country’s high-value currency notes in to curb corruption and push Indians away from cash. UPI has now surpassed a 100 million users 3.5 years after its launch, thanks to booming smartphone use and wireless data rates among the lowest in the world.

Ambani readies India’s Alibaba with $24 billion holding firm

Ambani will set up a $24-bn holding firm that would become the main vehicle for ...

How online shopping boom has created a new sector of employment

Customers using apps for shopping has meant shifting dynamics in jobs at the ...

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  • Amazon has transformed delivery into an expectation of modern life, here's what goes on behind the scenes.

    Amazon, led by a man who is always pulling new rabbits out of his hat, could soon disrupt on a mammoth scale.

    Audible Suno is a newly launched app by Amazon’s audiobook company Audible which is set to roll out an audio series across a plethora of genres, helmed by entertainers such as Amitabh Bachchan, Anurag Kashyap, Nawazuddin Siddiqui, Tabu, Neena Gupta and Vir Das. The app is free and comes without ads for now unlike its parent’s subscription.

    Hopes of a stable policy framework had gained ground in June, when commerce minister Piyush Goyal said India would have a comprehensive ecommerce policy within a year.

    Baidu is trying hard to diversify into AI tech from its Chinese-language search engine, as it falls behind the other two in the global technology race. Last year, Baidu posted its first loss since going public almost 15 years ago, as the Chinese tech group saw its ad business hit by a slowing domestic economy.

    An Amazon team also transcribes and annotates commands recorded in customers’ homes by the company’s Alexa digital assistant, Bloomberg reported in April.

    Food regulator FSSAI ties up with Amazon’s virtual assistant, Alexa to promote healthy eating habits in children. “A key constituent of the ‘eat right’ campaign is towards children and to address this audience, there are a number of interventions that are based on pulling in these young minds, rather than pushing out content,” said FSSAI CEO

    The new Echo Input also features multiple layers of privacy controls.

    The Fire TV edition smart TVs were first introduced by Amazon in 2018 in the US and Canada.

    Official says acquisition details of non-personal, anonymous data will be made public; cos raise privacy, IPR concerns. Currently, a separate committee, set up to suggest a framework around non-personal data and led by Infosys co-founder S. (Kris) Gopalakrishnan, is due to lay out terms for sharing of non-personal data between companies.

    “It was sudden,” said one of the executives. “We were told that in the current scheme of things, India requires heavy investments, to the tune of hundreds of millions, which the company doesn’t have. Arun also said that we would rather invest in other Asian countries where we are among top 5, rather than in India, where we are at 13-14th place.”

    Tech stocks have been able to rally to records even as they were beset by bad news.

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