Puneet Chandok, AWS India and South Asia head, has resigned
[ad_1] Puneet Chandok, the head of AWS in India and South Asia, has resigned, according to two sources familiar with the matter, a surprise move just weeks after the cloud…
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Fidelity cuts Reddit valuation by 41%
[ad_1] Fidelity, the lead investor in Reddit’s most recent funding round in 2021, has slashed the estimated worth of its equity stake in the popular social media platform by 41%…
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Reliance’s JioCinema breaks world record with free cricket streaming
[ad_1] India’s JioCinema broke the global record for the most concurrent views to a live streamed event on Monday, eclipsing a long-standing milestone set by Disney’s Hotstar, as the Asian…
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Ambani’s JioCinema secures NBCUniversal titles, escalates Netflix and Disney rivalry
[ad_1] JioCinema, the affordable on-demand video streaming service rival to Netflix and Disney’s Hotstar in India, will soon be the home for “The Office” and other NBCUniversal titles. The Viacom18…
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India’s richest man targets fashion e-commerce with low-cost model
[ad_1] Reliance Industries, run by India’s richest man Mukesh Ambani, is gearing up to deploy a winning strategy from its past playbook for the fashion market: low-cost products. Ajio, Reliance’s…
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Reliance JioMart to cut 11,000 jobs, report says
[ad_1] JioMart, Reliance Retail’s online shopping platform, has laid off over 1,000 employees and plans to cut as many as 9,900 more roles over the coming weeks, according to a…
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Amazon’s AWS to invest $12.7 billion in India
[ad_1] Amazon plans to invest $12.7 billion into its cloud infrastructure in India by 2030, the e-commerce group said Thursday, as it pushes ahead to scale up its AWS business…
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Google pushes ahead with in-app billing policy in India, insists watchdog compliance
[ad_1] Google said on Wednesday that its Google Play’s payments policy is compliant with the Indian watchdog’s order and it is moving ahead with plans to enforce the policy in…
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Apple partner Foxconn to invest $500 million in India’s Telangana
[ad_1] Foxconn will invest $500 million to set up manufacturing plants in the southern Indian state of Telangana, the latest in a series of bets from the key Apple contract…
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3one4 Capital, driven by contrarian bets, raises $200 million new fund
[ad_1] Partners of 3one4 Capital, a venture capital firm in India, recently went on a road show to raise a new fund. Within two and a half months, at the…
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