Service Sector Expansion
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India's Services Sector Activity Surges To 10-Month High In June: Report
The growth in India's services sector activity surged to a 10-month high in June, driven by robust demand in both the domestic and export markets, according to an HSBC survey released on Thursday. Service sector growth also improved recruitment.
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Indian Government Expands Aadhaar Authentication Service to Public and Private Entities
The Indian government expanded the Aadhaar authentication service to both public and private entities across multiple sectors on Friday. The expansion was part of a recent amendment introduced by the Ministry of Electronics and Information Technology (MeitY). The ministry said the ease of restriction in accessing the authentication service will boo...
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India Showed Remarkable Emergence in Web3 Adoption, Stats Show Sector Expansion: Report
In India, the web3 sector showed expansion in 2023. A report published by Hashed Emergent claimed that projects around Web3-compatible finance, entertainment, and infrastructure services are garnering the attention of venture capitalists towards India.
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Department of Telecom Introduces Draft Telecom Bill Aimed at Regulating Internet-Based Services
The Department of Telecom on Wednesday introduced a Draft Telecom Bill which is aimed to replace the existing regulatory framework for the telecommunication sector that is based on the Indian Telegraph Act of 1885. This new bill will consolidate and amend the laws governing the provision, development, expansion and operation of telecommunication se...
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eToro Acquires Options Trading Platform Gatsby in $50 Million Deal as Part of US Expansion Plan
eToro, the Israeli online brokering platform, has acquired options trading platform Gatsby in a bid to expand its presence and services in the US. The deal was finalised for $50 million (roughly Rs. 400 crore) in cash and common stock. As part of the deal, the Gatsby team will be subsumed within the eToro brand in the coming days.
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Crypto.com Scores Functional License in UK to Provide ‘Certain Crypto Asset Services’
Singapore-headquartered crypto exchange Crypto.com has bagged a license to provide certain crypto-related services in the UK. The approval has been granted by UK’s Financial Conduct Authority (FCA), that oversees the expansion of the crypto and Web3 sector in the UK.
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Over 75 Percent US Retailers Wish to Enable Crypto Payments by 2022 Citing Consumer Interest: Delloite
The interest of consumers in the crypto sector is getting US retailers excited about enabling crypto payments. Over 75 percent small, medium, and big retailers in the US are looking to integrate crypto payment options with their services in the next two years. The findings have been published in a Deloitte report titled ‘Merchants Getting Ready F...
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US Fixated With Huawei, Should Focus On China's Expansive Ops: Report
The Trump administration in recent weeks appears only to be fixated on precisely two Chinese firms -- TikTok and Huawei, said a Washington-based think tank while suggesting that the United States should be focused more on the expansive operations of Chinese state-owned enterprises that are quietly dominating the sectors of infrastructure, telecommu...
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Samsung Sets Up 'World's Largest Mobile Factory' in Noida
The new 35-acre Samsung Electronics facility at Sector 81 in Noida, Uttar Pradesh, will be inaugurated by Prime Minister Narendra Modi and South Korean President Moon Jae-in.
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Mobile Tower Sector Expects Consolidation, Says Industry Body
"The year 2017 will be the year of innovation, disruption and transformation. It will also witness mergers and acquisitions (M&As)," Tilak Raj Dua, Director General, TAIPA, told IANS in an interview.
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India's Services Sector Activity Surges To 10-Month High In June: Report
The growth in India's services sector activity surged to a 10-month high in June, driven by robust demand in both the domestic and export markets, according to an HSBC survey released on Thursday. Service sector growth also improved recruitment.
-
Indian Government Expands Aadhaar Authentication Service to Public and Private Entities
The Indian government expanded the Aadhaar authentication service to both public and private entities across multiple sectors on Friday. The expansion was part of a recent amendment introduced by the Ministry of Electronics and Information Technology (MeitY). The ministry said the ease of restriction in accessing the authentication service will boo...
-
India Showed Remarkable Emergence in Web3 Adoption, Stats Show Sector Expansion: Report
In India, the web3 sector showed expansion in 2023. A report published by Hashed Emergent claimed that projects around Web3-compatible finance, entertainment, and infrastructure services are garnering the attention of venture capitalists towards India.
-
Department of Telecom Introduces Draft Telecom Bill Aimed at Regulating Internet-Based Services
The Department of Telecom on Wednesday introduced a Draft Telecom Bill which is aimed to replace the existing regulatory framework for the telecommunication sector that is based on the Indian Telegraph Act of 1885. This new bill will consolidate and amend the laws governing the provision, development, expansion and operation of telecommunication se...
-
eToro Acquires Options Trading Platform Gatsby in $50 Million Deal as Part of US Expansion Plan
eToro, the Israeli online brokering platform, has acquired options trading platform Gatsby in a bid to expand its presence and services in the US. The deal was finalised for $50 million (roughly Rs. 400 crore) in cash and common stock. As part of the deal, the Gatsby team will be subsumed within the eToro brand in the coming days.
-
Crypto.com Scores Functional License in UK to Provide ‘Certain Crypto Asset Services’
Singapore-headquartered crypto exchange Crypto.com has bagged a license to provide certain crypto-related services in the UK. The approval has been granted by UK’s Financial Conduct Authority (FCA), that oversees the expansion of the crypto and Web3 sector in the UK.
-
Over 75 Percent US Retailers Wish to Enable Crypto Payments by 2022 Citing Consumer Interest: Delloite
The interest of consumers in the crypto sector is getting US retailers excited about enabling crypto payments. Over 75 percent small, medium, and big retailers in the US are looking to integrate crypto payment options with their services in the next two years. The findings have been published in a Deloitte report titled ‘Merchants Getting Ready F...
-
US Fixated With Huawei, Should Focus On China's Expansive Ops: Report
The Trump administration in recent weeks appears only to be fixated on precisely two Chinese firms -- TikTok and Huawei, said a Washington-based think tank while suggesting that the United States should be focused more on the expansive operations of Chinese state-owned enterprises that are quietly dominating the sectors of infrastructure, telecommu...
-
Samsung Sets Up 'World's Largest Mobile Factory' in Noida
The new 35-acre Samsung Electronics facility at Sector 81 in Noida, Uttar Pradesh, will be inaugurated by Prime Minister Narendra Modi and South Korean President Moon Jae-in.
-
Mobile Tower Sector Expects Consolidation, Says Industry Body
"The year 2017 will be the year of innovation, disruption and transformation. It will also witness mergers and acquisitions (M&As)," Tilak Raj Dua, Director General, TAIPA, told IANS in an interview.
