New Delhi, April 15 (IANS) realme, the most popular brand among youth, on Wednesday announced that the realme 16 5G has emerged as a hot-selling success, setting a new benchmark with 150 per cent higher sales compared to its previous generation. This milestone reinforces strong consumer demand and highlights the device’s appeal among young users seeking powerful performance, standout design, and meaningful innovation.At the heart of the realme 16 5G is the AI Portrait Master experience, featur…
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New Delhi, April 9 (IANS) How ShopClues went from being one of India’s most promising unicorns to a deeply discounted acquisition has emerged as one of the most striking examples of value destruction in the country’s startup ecosystem.Once valued at $1.1 billion in 2016 and preparing for a potential public listing, the Gurugram-based e-commerce firm saw its fortunes unravel rapidly before being acquired by Singapore-based Qoo10 in 2019 for roughly $70-$100 million in an all-stock deal, wipin…
New Delhi, April 9 (IANS) India’s online retail market reached approximately $65–66 billion in 2025 in gross merchandise value (GMV) and is projected to grow over 20 per cent annually to reach $170–180 billion by 2030, capturing roughly one in ten retail dollars, a report said on Thursday.The report from Bain and Company and Flipkart said e‑retail gross merchandise value grew 19–21 per cent in value terms.Growth accelerated through the year, supported by improving macroeconomic conditi…
New Delhi, April 1 (IANS) The Central Board of Direct Taxes (CBDT) has amended income tax rules to provide clarity on the applicability of General Anti-Avoidance Rules (GAAR), in a move aimed at reducing ambiguity around tax avoidance provisions.In its notification, the CBDT said that GAAR will not apply to income arising from the transfer of investments made before April 1, 2017. The amendment will come into effect from April 1, 2026.The clarification is expected to provide certainty to investo…
New Delhi, March 20 (IANS) The Delhi High Court on Friday deferred the hearing on a plea filed by former India cricketer and current head coach Gautam Gambhir seeking protection of his personality and publicity rights against alleged digital impersonation, deepfake content and unauthorised commercial exploitation of his identity.A single-judge Bench of Justice Jyoti Singh posted the matter for further hearing on March 23 after noting discrepancies in the pleadings and directing the plaintiff to …
New Delhi, March 19 (IANS) Former India cricketer and current head coach of the Indian men’s team Gautam Gambhir has approached the Delhi High Court, seeking comprehensive protection of his personality and publicity rights against a “coordinated campaign of digital impersonation, AI-generated deepfakes, and unauthorised commercial exploitation.” The civil suit has been filed in the Commercial Division of the High Court, where Gambhir has sought an urgent injunction against multiple defendants,…
New Delhi, March 12 (IANS) Induction cooktops are rapidly disappearing from online platforms as households across India rush to find alternatives to cooking gas amid growing concerns about LPG supply disruptions linked to the ongoing conflict in West Asia.Search results on leading quick-commerce platforms such as Blinkit, Zepto, Swiggy Instamart and BigBasket are showing “Unavailable” and “Sold out” badges for many induction cooktops in several cities.These platforms, which usually promi…
New Delhi, March 3 (IANS) Mega projects such as the Adani Group’s $100 billion plan to build renewable-powered, AI-ready hyperscale data centres by 2035 have the potential to reshape India’s role in the global AI economy, according to an article published in the Carbon Credits.com news portal.“First and foremost, the scale of investment stands out. Adani’s direct $100 billion commitment is expected to catalyse another $150 billion across server manufacturing, advanced electrical systems,…
New Delhi, Feb 24 (IANS) The Delhi High Court has granted an ex parte ad-interim injunction in favour of singer Jubin Nautiyal, restraining multiple Artificial Intelligence (AI) platforms, online intermediaries, e-commerce websites and unidentified entities from misusing his name, voice, image and other attributes of his personality for commercial gain.A single-judge Bench of Justice Tushar Rao Gedela passed the interim order in a commercial suit filed by Nautiyal seeking protection of his perso…
Ahmedabad, Feb 17 (IANS) The Adani Group on Tuesday announced one of the world’s largest integrated energy-compute commitments, a direct investment of $100 billion to develop renewable-energy-powered, hyperscale AI-ready data centres by 2035.The initiative will establish a long-term sovereign energy and compute platform designed to position India as a global leader in the emerging Intelligence Revolution.The investment is expected to catalyse by 2035 an additional $150 billion across server ma…