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India’s Nirbhay cruise missile test fails

NEW DELHI — The flight test of India’s homemade 1000-kilometer-range cruise missile failed Monday following technical problems. Nirbhay — an intermediate-range subsonic land-attack cruise missile with terrain hugging — is…

India’s Razorpay becomes unicorn after new $100 million funding round

Bangalore-headquartered Razorpay, one of the handful of Indian fintech startups that has demonstrated accelerated growth in recent years, has joined the coveted unicorn club after raising $100 million in a…

Amazon India’s payments unit gets $95.5 million from parent ahead of festive season

FILE PHOTO: The logo of Amazon is pictured inside the company’s office in Bengaluru, India, April 20, 2018. REUTERS/Abhishek N. Chinnappa BENGALURU (Reuters) – Amazon.com Inc AMZN.O has invested 7…

Months-old Uni raises $18.5 million seed round to expand India’s credit card market

The credit card industry in India appears to be stuck. According to industry estimates, between 30 million to 35 million people in the country today have at least one credit…

India’s drug authority approved paper-strip Covid-19 test that could return results within hour

India’s drug authority last month approved a paper-strip test for Covid-19 that shows results in less than an hour, the head of the government institute that invented the test told…

India’s new paper Covid-19 test could be a ‘game changer’

The new Feluda test uses a gene-editing technology to detect the virus A team of scientists in India has developed an inexpensive paper-based test for coronavirus that could give fast…

Paytm executive says India’s secondary listing plan would be undue burden

By Sankalp Phartiyal and Nupur Anand NEW DELHI (Reuters) – India’s potential plan to compel companies to do a secondary listing on an Indian stock exchange if they opt to…

Realme targets up to 25% share of India’s smartphone sales during festive season

NEW DELHI : Chinese smartphone company Realme is targeting 20-25% share of smartphone sales in India during the festive season with its expansive lineup of products, a top company official…

India’s latest budget phone brings 65W charging, 90Hz screen for under $240

Realme has launched its Narzo 20 series of phones. The top-end model features a 90Hz screen and 65W charging for ~$220. Realme launched the budget-focused Narzo family of phones earlier…

Google Pulls India’s Paytm App From Play Store

Google  (GOOGL) – Get Report pulled the Indian financial-services app Paytm from the Play Store for violating its gambling policies.  Paytm was removed because the company recently included a fantasy cricket tournament…