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India's mobile phone tariffs see a hike of 11-25% by Airtel, Jio, and Vodafone Idea. The government maintains a wait-and-see approach, citing competition and focus on service quality. Consumers may feel the pinch, but the impact is expected to be moderate
Business

Indian Telecom Price Hike: Consumers To Feel The Pinch, But Government Says Not Critical

This week, the three main private telecom firms in India—Reliance Jio, Airtel, and Vodafone Idea—implemented pricing hikes ranging from 11% to 25%, waking up mobile

A security vulnerability in the ChatGPT desktop app for Mac could have exposed user conversations. Update to the latest version for encryption and be cautious about app downloads. Mac users, while generally protected by sandboxing on iPhones, should still be aware of potential security risks.
Information Technology

Urgent Update Needed For Mac Users: ChatGPT Desktop App Vulnerability Patched

Attention, Mac users using the ChatGPT desktop app! OpenAI has discovered and fixed a recent security vulnerability. This flaw might have allowed unauthorized parties to

Daily Capsule keeps you updated on India's startup ecosystem with news on VC funding, sustainability, deeptech ventures, and more. This article covers funding surges, sustainable travel, OYO's growth plans, and upcoming festivals.
Banking

India’s Innovation Engine: Daily Capsule Keeps You Updated

In today’s fast-paced world, staying informed about India’s vibrant startup ecosystem can be a challenge. But fear not, the Daily Capsule is here to keep

"Banks face new Trai regulations requiring digital consent for commercial communication, seeking clarity on sharing transaction details per RBI guidelines. Lenders also request special prefixes for customer calls to combat cyber fraud. Learn about the challenges and implications for financial institutions."
Banking

Banks Struggle With New Trai Mandate On Digital Consent

The Telecom Regulatory Authority of India (Trai) has just implemented new requirements that banks in India must comply with. These regulations mandate digital consent for

Koo, a once-promising Indian microblogging platform, shut down due to mounting losses and dwindling user engagement. Despite raising over $50 million, Koo couldn't secure further funding amid a harsh financial climate. Acquisition talks failed, sealing its fate as a notable casualty in India's startup ecosystem.
Features

Koo’s Downfall: How A Promising Microblogging Platform Crumbled Amid Funding Woes

Koo recorded a net loss of INR 244 crore between FY20 and FY22, with only INR 21 million in revenue. The platform’s downfall was mostly

"Investors have poured $27.1 billion into AI startups from April to June 2024, marking a significant counterpoint to the broader tech downturn. Learn how AI's boom is driving unprecedented growth and attracting massive funding, reshaping the startup landscape."
News

Investors Pour $27.1 Billion Into AI Startups Amid Broader Startup Downturn

The surge in artificial intelligence (AI) that started in late 2022 has proven to be a potent diversion from the overall downturn in the startup

Social media startup Koo, founded as a homegrown alternative to Twitter, is shutting down after failed acquisition talks. Co-founders plan to turn its assets into a digital public good to promote native language social conversations globally. Discover the challenges and future prospects of Koo's technology.
News

Social Media Startup Koo To Shut Down After Failed Acquisition Talks

Following the collapse of takeover negotiations, Koo, a social media startup that positioned itself as an indigenous competitor to X (previously Twitter), announced it will

Discover how the Tamil Nadu government is empowering women entrepreneurs in rural areas with TN-RISE. This initiative, supported by the World Bank, provides financial assistance, market linkages, and high-end business incubation services to foster women-led startups.
News

Tamil Nadu Government Launches TN-RISE To Empower Rural Startups

In an effort to support the development of female-led businesses in the state’s rural districts, the Tamil Nadu government has launched an ambitious program called

Elon Musk Predicts Neuralink Will Replace Smartphones in the Future
Latest

Elon Musk Predicts Neuralink Will Replace Smartphones in the Future

The founder of Neuralink, Elon Musk, has boldly predicted that the company’s brain-computer interface (BCI) gadgets will supersede cellphones. This assertion emphasises how revolutionary Neuralink

SEBI alleges illegal short selling by Hindenburg and Kotak Mahindra in Adani Enterprises. The investigation centers around a report by Hindenburg accusing the Adani Group of financial irregularities. SEBI claims Hindenburg shared a draft report with an investor for short selling and Kotak Mahindra facilitated the activity through an offshore fund. Both parties deny wrongdoing.
Market

SEBI Alleges Short Selling Scheme By Hindenburg And Kotak Mahindra Bank In Adani Enterprises Case

India’s securities regulator, SEBI, has accused Hindenburg Research and Kotak Mahindra Bank of illegal short selling activity in connection with Adani Enterprises. The investigation centers