Apple has crossed $10bn in annual sales in India for the first time. The milestone says as much about where the company is heading as where it has been. Revenue for the year to March topped $10bn, Bloomberg reported. That is up from about $9bn a year e…
India wants to keep Apple building. The government has proposed extending a tax break for foreign firms that supply manufacturing equipment to contract manufacturers, a change drafted with iPhone assembly squarely in mind. Under a draft bill reviewed b…
Hyderabad cybercrime police have filed a report against Meta India chief Arun Srinivas over AI-altered videos of Prime Minister Narendra Modi, escalating friction between the government and the platform. Police in Hyderabad have registered a criminal c…
Cursor has cut the price of AI coding in India to about $7 a month. The interesting part is how it can afford to. The startup launched Cursor Start on Monday, a ₹649 plan sold only in India, TechCrunch reported. It sits well below the $20 Pro subscript…
Coforge reported first quarter revenue of $592.2m on Monday. That is a rise of 33% in dollar terms over the year, and 21.1% on the previous quarter. In rupees the annual increase reads 49%. Profit after tax reached $55.6m. Those numbers land in an indu…
Emergent’s vibe coding platform hit a $1.5bn valuation a year after launch. Its founder says most businesses do not need software, they need a way to turn how they work into it. “Most businesses don’t need any software. They need a way to turn how they…
India pledged 1.9 trillion rupees ($19.7 billion) in combined incentives for domestic chip and smartphone production on Wednesday. The cabinet approved 1.28 trillion rupees ($13.3 billion) for semiconductors, covering chip design, machine fabrication, …
Indian B2B ecommerce platform Udaan has secured $160 million in a funding round that combines fresh equity from a new investor, additional debt, and the conversion of existing convertible bonds into equity, according to Bloomberg. Lightspeed Venture Pa…
Claude users in India are starting to see Indian rupee-denominated subscription plans.
Tata Consultancy Services plans to build a team of up to 8,900 forward-deployed AI engineers and is looking for acquisition targets in AI and cybersecurity, chief executive K Krithivasan said. The move is India’s largest IT firm answering the question …