American technology company Google has suffered a major setback. A US court has said in its decision that Google has violated anti-trust law. It has spent billions of dollars to become the world’s default search engine and has created an illegal monopoly in internet search. This is the first major victory of the federal authorities…
HP, which makes devices such as personal computers and laptops, has partnered with technology company Google to manufacture Chromebook laptops in India. Chromebooks will be manufactured at HP’s factory near Chennai in Tamil Nadu. The company has been manufacturing desktops and laptops in this factory for about three years. American devices maker Apple and South…
Anil Ambani’s company Reliance Infrastructure, which has been facing financial difficulties for the last few years, plans to manufacture electric cars. For this business, Reliance Infrastructure has hired a former executive of China’s EV maker BYD. One from Reuters Report It has been reported quoting sources that Anil Ambani’s company has also hired consultants to…
Licensing will not be implemented for import of computers and laptops in the country. However, shipments of these devices will be monitored. Earlier in August, the central government had announced the implementation of licensing requirement for import of some products including computers, laptops and tablets from November 1. Commerce Secretary Sunil Barthwal told reporters told“We…
There has been volatility in the crypto market for the last few weeks. The FOMC meeting in the US and the launch of a crypto platform linked to Donald Trump, who is a big contender in the presidential election there, may affect this market. The price of the most valued cryptocurrency Bitcoin fell by about…
For German luxury car maker Mercedes-Benz, the number of customers in the country who have chosen electric vehicles as their first luxury car is increasing. With the demand for luxury cars increasing, Mercedes has sold around 9,300 units in the first half of the current year. Electric models account for around five per cent of…
The popularity of cryptocurrencies has grown rapidly in the last few years. Governments of some countries have also invested in Bitcoin, the most valuable cryptocurrency in this market. India’s neighboring country Bhutan is also included in these. The government of Bhutan has more than 13,000 bitcoins. The value of these bitcoins is more than 750…
Acer, one of the largest consumer electronics companies, has planned to increase its share in the Make in India campaign. India is one of the key markets for Acer. The company has announced that it will move ahead in the country’s tech market through new segments such as consumer electronics, AI PC and eMobility. In…
Electric vehicle sales have increased in the last few years. Sales of electric two-wheelers are growing rapidly. The share of this segment in total two-wheeler sales is estimated to reach around 13 percent by 2026-27. In the last financial year, this figure was around five percent. A media Report Quoting a report by investment banking…
Government telecom company Bharat Sanchar Nigam Limited (BSNL) has started testing 5G network. BSNL aims to launch one lakh 4G sites by the end of the current financial year. 5G network of big private telecom companies like Reliance Jio and Bharti Airtel is present in a large part of the country. The central government plans…