Author: News Desk

Google Pay, one of India’s leading digital payment platforms, has recently implemented a convenience fee for certain transactions, with a focus on mobile recharges. This move has stirred discussions among users, prompting a closer examination of the fee structure and its implications. Understanding the Convenience Fee: In a significant shift, Google Pay users now encounter a convenience fee when recharging their mobile phones. The fee varies based on the value of the recharge plan, presenting users with different payment options. Fee Tiers: Plans Below 100 Rupees: Users opting for plans below 100 rupees will not incur any convenience fee. This…

ByteDance, TikTok’s parent firm, according to media reports, has launched significant layoffs inside its gaming section, generating uncertainty for many Nuverse employees. The gaming department, Nuverse, is reportedly being significantly downsized after two years of poor success. “We routinely assess our ventures and make adaptations to focus on long-term strategic growth areas. Following a recent evaluation, we’ve made the challenging decision to restructure our gaming business,” a spokesperson for ByteDance quoted in the reports. According to insiders, ByteDance will halt active gaming development and would most likely sell existing gaming titles within Nuverse. The online card game “Marvel Snap,” produced…

Kochi, the vibrant city in Kerala, has secured a prestigious spot on Conde Nast Traveller’s list of the best places to visit in Asia for 2024. Celebrated for its sustainable initiatives and rich local festivals, the city stands out for its historic waterways, backwaters, and the convergence of diverse cultures. Water Metro Revolution Highlighted as one of the world’s pioneers, Kochi’s water metro system, launched in 2021, has already set an impressive standard. Conde Nast Traveller anticipates that by late 2024, the water metro will transition to full solar power, aligning with Kerala’s broader vision to transform its financial and…

Recent media sources claim that Google, a significant player in the IT industry, is in talks to invest roughly $4 million in Corover.ai, a local conversational artificial intelligence business. Following the announcement of the official launch of BharatGPT in the upcoming weeks, Google discussed investing $4 million in equity and made a non-equity funding of $500,000 in Corover, having already signed an agreement with the firm in March of this year. By December, the new investment is expected to be received. Corover.ai With its in-house cognitive AI technology, CoRover Conversational AI Platform provides managed Chatbot as a Service (along with…

Jorge Tamarit-Degenhardt, leader of Airbus’s C295 transport aircraft programme, stated in an interview that Airbus S.A.S. intends to strengthen its collaboration with Tata Advanced Systems in order to expand India’s defence supply chain and introduce new products to meet the nation’s defence requirements. Tamarit reports that Airbus and Tata plans to engage in capacity building, which will involve obtaining raw materials, producing detailed pieces, or subcomponents, and setting up facilities for subassembly and assembly. He further said that the program will be implemented in stages, with the first phase concentrating on obtaining components like metals and composite manufacturing technology. A…

Malaysian Prime Minister Anwar Ibrahim has announced a groundbreaking decision to eliminate entry visa requirements for citizens of China and India visiting the country, starting from December 1. The move aims to bolster tourism, attract investors, and enhance economic growth for the Southeast Asian nation. Visa-Free Stay for 30 Days During his speech at the People’s Justice Party’s annual congress in Putrajaya on Sunday, Prime Minister Anwar revealed that Chinese and Indian nationals will be granted a visa-free stay of up to 30 days. However, this exemption is contingent upon successful security screening. Tourism as Economic Stimulus Malaysia, like many…

The Bombay Stock Exchange (BSE) has implemented new guidelines for small and medium enterprises (SMEs) aspiring to transition from the SME platform to the main board. These guidelines, set to take effect from January 1, 2024, aim to ensure financial stability and regulatory compliance. Here’s a breakdown of the key requirements: 1. Financial Prerequisites To be eligible for the move, applicants must demonstrate a net worth of at least Rs 15 crore for the preceding two financial years. The paid-up equity capital should exceed Rs 10 crore, and the market capitalization must be a minimum of Rs 25 crore. 2.…

According to close sources, knowledge of the initiative, Tata Electronics, a division of the Tata Group, plans to grow its current iPhone-casing facility in Hosur to a maximum capacity of twice the current factory. Recently, the business bought Wistron’s iPhone assembly factory in Narasapura, in the Kolar region of Karnataka. According to a source quoted by ET, the company wants to greatly increase its capacity for high-end electronic item and accessory contracts manufacturing. A senior government source told ET that the business aims to increase the unit’s size and capacity by 1.5–2 times. According to the official, “The new facility…

The corporation run by multibillionaire investor Warren Buffet, Berkshire Hathaway, has sold all of its stock in digital payment startup Paytm. The multinational corporation ultimately sold a sizable loss on its 2.46% investment in One97 Communications, the parent company of Paytm. Through BH International Holdings, an associate firm, Berkshire Hathaway sold its interest in Paytm. The fintech company Paytm sold more than 1.56 million shares on the National Stock Exchange (NSE) for INR 620 crore loss. According to an official document, the company paid INR 1,279.7 per share, or INR 2,179 crore, for a 2.6% interest in Paytm. Based on…

In a few years, influencer marketing might drastically change as a result of AI-generated models. Consider Aitana, Spain’s first AI model, to get an idea of how much money agencies can make with AI-generated models. Aitana, a 25-year-old Barcelona native with pink hair who was introduced by the Spanish design firm The Clueless, has grown to become a well-known influencer with over 121,000 Instagram followers and a successful profession that earns her up to €10,000 per month in endorsements. The agency wanted a model that could be more dependable and not be affected by the problems that come with using…