Technology News

User-generated content to fuel remote work, learning in India

User-generated content to fuel remote work, learning in India

New Delhi/Gurugram, April 19 (IANS) As India grapples with the second Covid wave amid seismic shift in the way people work and learn, this year and beyond will be a major inflection point for the user-generated content on smartphones in the country, a new report said on Monday.From the growth of 5G-...

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Siemens to use Google Cloud to improve shop floor productivity

Siemens to use Google Cloud to improve shop floor productivity

San Francisco, April 19 (IANS) Google Cloud and industrial automation and software leader Siemens have come together to help optimise factory processes and improve productivity on the shop floor with AI/ML driven solutions.Siemens will integrate Google Cloud's leading data cloud and artificial intel...

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Fintech unicorn Razorpay raises $160M, takes valuation to $3B

Fintech unicorn Razorpay raises $160M, takes valuation to $3B

New Delhi, April 19 (IANS) Leading payments and business banking platform Razorpay on Monday said it has raised $160 million led by Sequoia Capital and GIC at a market valuation of $3 billion.With this, Razorpay that became a unicorn in October last year has tripled its valuation in under six months...

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India to become top EV producer in due course: Gadkari

India to become top EV producer in due course: Gadkari

New Delhi, April 18 (IANS) Union Road Transport and Highways Minister Nitin Gadkari on Sunday said that India will become the top electric vehicle (EV) manufacturing hub in due course of time.In his address at Amazon's Smbhav Summit 2021, the minister said that lithium-ion batteries will be fully ma...

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S Korea to invest $38M in illegal drone response tech by 2025

S Korea to invest $38M in illegal drone response tech by 2025

Seoul, April 18 (IANS) South Korea said on Sunday it will spend 42 billion won ($37.6 million) by 2025 to develop a response system against illegal drones amid growing security threats from the fast-developing technology.A consortium of 23 companies and research institutes -- which includes the Kore...

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Airtel Payments Bank increases day-end balance limit to Rs 2 lakh

Airtel Payments Bank increases day-end balance limit to Rs 2 lakh

New Delhi, April 18 (IANS) In line with the Reserve Bank of India's (RBI) guidelines, Airtel Payments Bank on Sunday announced that it has become the first payments bank in the country to enable Rs 2 lakh day-end balance account limit.The bank has increased the day-end balance limit to Rs 2 lakh fro...

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LG, GM to build $2.3B EV battery factory in US

LG, GM to build $2.3B EV battery factory in US

Seoul, April 17 (IANS) South Korean battery maker LG Energy Solution Ltd said on Saturday its joint venture with American automaker General Motors Corp. will build a $2.3 billion electric vehicle (EV) battery factory in Tennessee in the US.Ultium Cells, the joint venture between LG and GM, will buil...

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AWS veteran Teresa Carlson bids adieu during virtual summit

AWS veteran Teresa Carlson bids adieu during virtual summit

San Francisco, April 16 (IANS) The long-time top Amazon Web Services (AWS) executive Teresa Carlson made a final keynote appearance at the Public Sector Summit Online this week and introduced her successor Max Peterson.Peterson, currently AWS's vice president of international sales within its worldw...

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AWS launches Amazon Digital Suite to empower Indians SMBs

AWS launches Amazon Digital Suite to empower Indians SMBs

New Delhi, April 16 (IANS) In its bid to digitise 10 million Indian small and medium businesses (SMBs) by 2025, Amazon Web Services (AWS), the Cloud arm of Amazon, on Friday launched a curated set of software solutions aimed at empowering the SMBs in the country.Called Amazon Digital Suite, the suit...

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Online communities helping Indians sail through pandemic: FB

Online communities helping Indians sail through pandemic: FB

New Delhi, April 16 (IANS) Amid the pandemic, India saw a steep growth in online communities on Facebook and 92 per cent respondents said they received some form of support through online community groups amid the deadly Covid wave last year, a new Facebook-New York University (NYU) report said on F...

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