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Friday, December 13, 2019

Policy Muddle Ruins Year 2019 for Crypto, Blockchain Industry

But experts see better times ahead for the sector The cryptocurrency and blockchain industry has had a not-so-great 2019 in India and elsewhere due to lack of favourable regulations and hostile central banks, but things may change in the coming years, say experts. The year began with shutdowns of cryptocurrency exchanges and layoffs. But with global giants, including Facebook, entering the space and several countries examining ...more

Today’s headlines
Battered by Competition, Intex Plans to Make Products for Chinese Firms
This may be a classic case of ‘if you can’t beat them, join them’. Bowing down to the Chinese handset brands which has almost wiped away the domestic mobile phone industry, the second largest home-grown maker Intex ...more
Policy & Regulation
Mobile Cos Seek Review of Duty on Parts as Imports from Vietnam Soar
Component imports from Vietnam, with which India has a free trade pact, have crossed $1b in H1. The scorching pace of imports of mobile phone components from Vietnam has set alarm bells ringing in the industry, prompting handset makers ...more
US-based tech start-up to expand India operations, to open office in Delhi soon
Mulls expanding into the Southeast Asian and Chinese market too India’s building control and energy efficiency market are estimated to touch USD 2 billion a year with a compound annual ...more
Bharti Telecom seeks nod for FDI of Rs 4,900 cr; infusion to make Airtel foreign firm
Bharti Telecom, a promoter of Bharti Airtel, has sought the government’s nod for the infusion of Rs 4,900 crore investment from Singapore-based Singtel and other foreign entities, ...more
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