Facebook India’s vice president and managing director Ajit Mohan believes that the launch of WhatsApp Payments in the country would be the “biggest disruptor movement and lead to financial inclusion.”
Bengaluru, Global enterprise software leader VMware on Friday announced to appoint Pradeep Nair as vice president and managing director for its India operations.
Breaking silence over his India plans, Tesla CEO Elon Musk has blamed high import duties on electric cars for blocking the entry of Tesla vehicles in the country. India has taken a slew of measures to promote the use of electric cars in the country. It recently slashed Goods and Services Tax (GST) on electric vehicles to five percent from the earlier 12 percent, but it levies high duty on imported vehicles to protect domestic automakers. “I’m told import duties are extremely high (up to 100 percent), even for electric cars. This would make our cars unaffordable,” Musk said late on Thursday while responding to a tweet from an Indian follower.
Swedish music streaming app Spotify now has 232 million monthly active users (MAUs)globally, a 29 percent increase year-on-year (YoY), along with 108 million premium subscribers which are also 31 percent (YoY) growth.
Apple today is nearly a $1 trillion-dollar company and despite the global slowdown, has been able to not only maintain its growth trajectory but also diversified into services, entertainment and other verticals that are bringing in more moolah than its devices segment. Considered a “colourless, unimaginable drone”, Timothy Donald Cook who joined Apple at age 37 in 1998 has successfully proved he is a better CEO than late Steve Jobs.
Tesla CEO Elon Musk is courting trouble again with the US Securities and Exchange Commission (SEC) over his controversial Twitter activities, this time revealing Tesla’s solar production numbers on the micro-blogging platform.
Creating a new business model, finding the right partners and getting the last mile connectivity are key pillars of success for businesses in this world which is increasingly getting digitized, a top Cisco executive has said.
India rises to third place in global AI rankings: Report
Bihar school board becomes first state education body in India to earn ISO certification for quality and security
BARC seeks forest land diversion for new research campus in Andhra Pradesh
Viksit Bharat Shiksha Adhishthan bill drops fee control, grant powers for regulator
Schools in Delhi NCR shift to online and hybrid classes as air quality worsens
Delhi schools shift classes 1–9 and 11 to hybrid mode as air quality plunges into severe zone
Shooting shatters calm at Brown University, leaves 2 dead, 8 critically injured
CJI Surya Kant sets reform priorities for judiciary
Delhi chokes as AQI crosses 460, ‘severe+’ air triggers emergency lockdown-like curbs
Dozen vehicles crash on Geater Noida expressway in dense fog, several injured
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