Monthly Archives: July 2023

LG Electronics plans to spend $39.5 billion (50 trillion won) in R&D, facility and strategic investment as it aims to reach $79 billion (100 trillion won) in sales by 2030, up from $51.4 billion (65 trillion won) in 2022.  The … Continue reading →

Flipkart commenced a $700 million “one-time discretionary” cash payout to employees on Friday, the single-largest such compensation in the Indian startup ecosystem. The Walmart-backed Bengaluru-headquartered startup is compensating employees for the separation of fintech PhonePe from the e-commerce group, a … Continue reading →

Chandrayaan-3, India’s third mission to the moon, has taken off successfully — almost four years after its predecessor failed to touch down on the lunar surface in 2019. On Friday, the Indian Space Research Organization (ISRO) launched its ‘Launch Vehicle … Continue reading →

African startups clashing with regulators due to non-compliance are often faced with far-reaching consequences, including some that render their businesses defunct or inoperable in some markets – as was experienced by some scale-ups last year. Non-compliance incidents are pervasive in … Continue reading →

Google has finally launched its Play Games beta for PC project, which lets users play Android games on their Windows systems, in India after introducing it in more than 50 countries. The program is also being expanded to 60 other … Continue reading →