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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
It has been a disappointing week at the India arm of Chinese internet giant ByteDance. Seven months after its popular short-form video app TikTok—and 58 other Chinese apps—was banned in India, the company seems to be giving up on the hope of a return. On Wednesday, TikTok said that it will be scaling back the size of its workforce in India.
More than two-thirds of the company’s workforce is expected to be eliminated, the source said. ByteDance said it was left with no choice after the Indian government, which banned its marquee app late June last year, had offered no …
The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
Bistro may look like a response to Swiggy and Rapido’s 'budget' food delivery apps, but the similarities end at affordability—the playbooks are fundamentally different.
