Category: India LIVE

The Ministry of Electronics and Information Technology is set to host the Nano Electronics Roadshow and Conference on Semiconductor Ecosystem in India on March 27, 2025, at the National Science Seminar Complex, Indian Institute of Science Bengaluru. This initiative aims to unite key stakeholders from government, industry, academia, strategic sectors, startups, and the venture capital ecosystem to foster innovation and collaboration within the semiconductor domain.

Organized by

Ola Electric Technologies Pvt Ltd has settled outstanding dues totaling ₹26.75 crore with its former vehicle registration service provider, Rosmerta Group, leading to the withdrawal of insolvency proceedings initiated against the company.

The resolution comes after Rosmerta Digital Services filed an insolvency petition on March 16 under Section 9 of the Insolvency and Bankruptcy Code, alleging payment defaults by Ola Electric Technologies. The petition sought to initiate a corporate insolvency resolution process

Tata Communications has unveiled Tata Communications Vayu, a next-generation cloud fabric designed to address the escalating challenges faced by enterprises in managing multi-cloud environments, rising costs, and the growing demands of artificial intelligence infrastructure. This integrated solution aims to simplify cloud operations, reduce expenses, and foster scalable innovation for businesses navigating the complexities of the digital era.

Vayu integrates Infrastructure as a Service , Platform as a Service

Currently standing as the fifth-largest economy with a gross domestic product of $3.5 trillion in 2023, India is on track to reach $4.7 trillion by 2026, surpassing Japan to become the fourth-largest economy. By 2028,

A U.S. bankruptcy court has found Byju Raveendran, founder of Indian ed-tech giant Byju's, complicit in fraudulent financial activities, marking a significant escalation in the company's ongoing legal and financial challenges.

The court determined that Raveendran, along with his brother Riju Ravindran and entities associated with Byju's, orchestrated the unauthorized transfer of $533 million from Byju's Alpha, a U.S.-based subsidiary, to Camshaft Capital Management, a hedge fund with dubious

The United States has intensified its criticism of India's trade policies, highlighting substantial tariffs imposed on American products. White House Press Secretary Karoline Leavitt underscored these concerns during a press briefing, emphasizing the challenges faced by U.S. exporters in penetrating the Indian market.

Leavitt pointed out that India levies a 150% tariff on American alcohol, significantly hindering the export of products like Kentucky bourbon. Additionally, she noted a 100%

Wipro GE Healthcare has unveiled the Versana Premier R3, an advanced ultrasound system integrating artificial intelligence to enhance diagnostic accuracy and streamline clinical workflows. This state-of-the-art device aligns with the 'Make in India' initiative, being manufactured at the company's production-linked incentive factory in Bengaluru.

The Versana Premier R3 represents a significant advancement in medical imaging technology. By incorporating AI-driven productivity tools, the system optimizes dynamic tissue imaging

Startups in India’s deep-tech and semiconductor sectors are increasingly positioning themselves as key players in the global technological race. With innovations spanning automotive semiconductors, AI-driven edge computing, and secure connectivity solutions, these startups are poised to lead the next wave of technological advancement.

The role of India’s emerging deep-tech ecosystem is gaining global recognition, especially in fields where cutting-edge technology is required to meet the rapidly evolving demands of

The longstanding business model of India's information technology industry is facing obsolescence due to the rapid advancements in artificial intelligence , according to industry leaders. At the recent Nasscom Technology and Leadership Forum in Mumbai, HCL Technologies' CEO, C Vijayakumar, emphasized the urgency for IT companies to adopt a "paranoid" mindset to remain relevant and drive growth.

Vijayakumar highlighted that the traditional model, characterized by a linear scaling

PayPal Holdings Inc. is set to enhance the adoption of its stablecoin, PayPal USD , by integrating it into merchant payment systems and global payout services by 2025. This strategic move aims to provide over 20 million small and medium-sized merchants with the option to utilize PYUSD for vendor payments, thereby streamlining transactions and reducing reliance on traditional banking systems.

The forthcoming bill payment product will enable merchants to

India has inaugurated its first hyperloop test track, a 422-meter facility developed by the Indian Institute of Technology Madras in collaboration with the Ministry of Railways. This significant milestone aims to revolutionize high-speed transportation in the country, potentially reducing travel times between major cities to mere minutes.

The hyperloop concept, first proposed by Elon Musk in 2013, envisions passenger pods traveling through low-pressure tubes

President Donald Trump has unveiled a new immigration initiative offering a "Gold Card" visa for $5 million, granting affluent foreigners permanent U.S. residency and a pathway to citizenship. This program aims to attract high-net-worth individuals to stimulate economic growth and reduce the national debt.

The "Gold Card" is set to replace the existing EB-5 Immigrant Investor Program, which required a minimum investment of $800,000 to

Cryptocurrency exchange Bybit has reinstated its full suite of services in India following successful registration with the country's Financial Intelligence Unit . As of 25 February 2025, existing users can once again open new trades and access all products, with new user onboarding set to commence gradually.

This development comes after Bybit faced regulatory challenges earlier this year. On 31 January 2025, the FIU-IND imposed

YMCrypto, a cryptocurrency platform regulated by U.S. financial authorities, has unveiled a free cloud mining service aimed at global investors interested in Bitcoin and Dogecoin. This initiative allows users to mine these cryptocurrencies without the need for expensive hardware or technical expertise.

The platform emphasizes security by partnering with McAfee® and Cloudflare®, ensuring end-to-end encryption and robust protection against potential threats. This collaboration aims to provide users with a

Hasbro Inc. has reported a significant surge in its digital and licensed gaming segment, with revenues climbing 22% year-over-year to $471.7 million in 2024. A substantial portion of this growth is attributed to the mobile game Monopoly Go!, which alone contributed $112 million to the company's coffers.

Monopoly Go!, developed by Scopely in collaboration with Hasbro, has emerged as a standout success in the mobile gaming arena. Launched in

Dubai authorities have imposed fines of Dh50,000 on 159 companies for violating telemarketing regulations, intensifying efforts to protect consumer privacy and enhance business practices. The Dubai Corporation for Consumer Protection and Fair Trade , operating under the Dubai Department of Economy and Tourism , announced these penalties following the enforcement of Cabinet Decision No. 56 of 2024, which came into effect in August 2024.

The

Dovetail Games, renowned for its simulation titles, has unveiled a significant leadership change. Gemma Brown and Rob O'Farrell have been appointed as Co-Chief Executive Officers, succeeding Jon Rissik, who is stepping down after over 12 years of service.

Gemma Brown, previously the Chief Operating Officer, brings 12 years of experience within the company. Rob O'Farrell, formerly the Chief Development Officer, has dedicated 11 years to Dovetail Games. Their combined

India's technology sector is poised to exceed the $300 billion revenue mark in the 2025-26 financial year, reflecting a 6% growth over the previous fiscal year, according to the National Association of Software and Service Companies . In the 2024-25 fiscal year, the industry experienced a 5.1% increase, adding $13.8 billion to reach a total of $282.6 billion. This upward trajectory underscores the sector's resilience and its pivotal

El Salvador has resumed its Bitcoin acquisition strategy, purchasing an additional 7 BTC on February 25, 2025, after a week-long hiatus. This brings the nation's total holdings to approximately 6,088 BTC, currently valued at around $572 million. The recent pause in daily purchases coincided with the country's negotiation of a $1.4 billion loan agreement with the International Monetary Fund , which required El Salvador

Tata Consultancy Services has announced a strategic partnership with Salesforce to enhance artificial intelligence applications within the manufacturing and semiconductor sectors. This collaboration aims to integrate TCS's industry expertise with Salesforce's AI and cloud capabilities, offering data-driven solutions to improve sales and customer service.

As part of this initiative, TCS has introduced three key programs:

1. Semiconductor Sales Accelerator: Designed to boost sales through data-driven insights, this program

FBI Director Kash Patel has instructed bureau employees to disregard a recent mandate from Elon Musk, head of the Department of Government Efficiency , which required all federal workers to submit a summary of their weekly accomplishments or face termination. This directive, disseminated via the Office of Personnel Management , has sparked confusion and concern across various government agencies.

Musk's email, sent to approximately 2.3 million federal employees, demanded

Blockchain-based role-playing game BattleRise: Kingdom of Champions has announced its integration with the Beam Network, aiming to expand its multi-chain accessibility for players. This collaboration signifies a strategic move to enhance the game's reach and provide a seamless gaming experience across various blockchain platforms.

The Beam Network, recognized for its focus on gaming infrastructure, recently transitioned to a Layer 1 blockchain. This shift, facilitated by the Avalanche Community

India's economy could face a reduction of up to 0.6% in its Gross Domestic Product due to proposed tariff increases by the United States, according to a recent analysis by Goldman Sachs. The financial institution's report highlights the potential economic repercussions for India if the US implements higher tariffs on imported goods.

The analysis outlines three potential scenarios under the US administration's "Fair and Reciprocal Plan": country-level reciprocity,