Peerzada Abrar
 "Peerzada Abrar")
Peerzada Abrar
Peerzada Abrar is a technology and business reporter at Business Standard. He covers the intersection of technology, AI, business, and society and its impact on our lives. This includes tracking top tech firms and startups. He joined Business Standard in 2019, after having worked at The Economic Times and The Hindu. There, he covered the entrepreneurship ecosystem, including startups, new technologies, venture capital, and private equity. A storyteller at heart, he is captivated by the potential of innovation to address global challenges. His narrative spans from resilient communities combating epidemics and natural disasters to groundbreaking initiatives that empower the underserved and transform humanitarian landscapes.
Peerzada Abrar is a technology and business reporter at Business Standard. He covers the intersection of technology, AI, business, and society and its impact on our lives. This includes tracking top tech firms and startups. He joined Business Standard in 2019, after having worked at The Economic Times and The Hindu. There, he covered the entrepreneurship ecosystem, including startups, new technologies, venture capital, and private equity. A storyteller at heart, he is captivated by the potential of innovation to address global challenges. His narrative spans from resilient communities combating epidemics and natural disasters to groundbreaking initiatives that empower the underserved and transform humanitarian landscapes.
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Razorpay to hire 650 people after posting three-fold growth amid pandemic
The Tiger Global- and Sequoia-backed firm is recruiting to help it work towards servicing the next 5 million businesses by 2022
 "Razorpay to hire 650 people after posting three-fold growth amid pandemic")
These aerospace experts are building drones to save accident victims' lives
Their drones can reach accident site quickly, carrying an 'active blood control kit' that bystanders can administer to the victim with help from medical professionals connected digitally via the drone
 "These aerospace experts are building drones to save accident victims' lives")
Delhi HC orders status quo on $3.4 bn Future Group-Reliance Retail deal
Ruling seen as interim relief to Amazon; next phase of arbitration likely to begin soon in Singapore, say sources
 "Delhi HC orders status quo on $3.4 bn Future Group-Reliance Retail deal")
Indegene's valuation reaches $700 mn; raises $200 mn from Carlyle, Brighton
Given the wider adoption of digital initiatives within the healthcare industry, Indegene plans to use the funds to accelerate its M&A (merger and acquisition) and global expansion plans
 "Indegene's valuation reaches $700 mn; raises $200 mn from Carlyle, Brighton")
CEOs of top tech firms hail tax norms for digital economy in Budget 2021
They say coming in the wake of Covid-19 pandemic, the Budget looks to strengthen many important pillars for economic recovery and future growth
 "CEOs of top tech firms hail tax norms for digital economy in Budget 2021")
Zero-trust defence can help India shield world from cyberattacks: Google VP
With cyberattacks rising due to coronavirus and firms becoming vulnerable as employees WFH, Google is betting big on its zero-trust platform BeyondCorp Enterprise for Indian businesses
 "Zero-trust defence can help India shield world from cyberattacks: Google VP")
Only 3% difference in prices on GeM and Amazon and Flipkart, shows data
A set of common items were identified or the study, done on January 4.
 "Only 3% difference in prices on GeM and Amazon and Flipkart, shows data")
Stronger vaccination drive need to revive economy, create jobs: Nilekani
To achieve scale, one has to vaccinate 5-10 million people a day and this would need strong cooperation between govt and private sector, he says
 "Stronger vaccination drive need to revive economy, create jobs: Nilekani")
Localisation strategy for jobs would help address protectionism: Nilekani
He said the strategy for the companies is to be an active player in every market that they operate and have an articulation of partnership with that country and which reflects its priorities
 "Localisation strategy for jobs would help address protectionism: Nilekani")
Homegrown players score high on TikTok's exit from Indian market
As of Thursday, top free apps on Google's Play Store in India were Moj, TakaTak, Snacky Takatak, Snapchat and Instagram.
 "Homegrown players score high on TikTok's exit from Indian market")
5% users in India delete WhatsApp; 22% pare usage on policy change: Survey
WhatsApp's latest policy seems to have prompted aware users or early adopters to shift to alternative instant messaging platforms such as Signal and Telegram
 "5% users in India delete WhatsApp; 22% pare usage on policy change: Survey")
Firms with digital tech going to be more resilient against Covid: Nadella
The Microsoft CEO said the coronavirus pandemic has fundamentally accelerated, what was going to be a decade long process of digital transformation disseminated across industries
 "Firms with digital tech going to be more resilient against Covid: Nadella")
Reckitt Benckiser leads Rs 45 crore investment in Bombay Shaving Company
The coronavirus pandemic has accelerated the business for Bombay Shaving Company, which plans to scale its operations and cross Rs 150 crore top line by the end of this year
 "Reckitt Benckiser leads Rs 45 crore investment in Bombay Shaving Company")
India's consumption economy will be third-largest by 2030: Flipkart CEO
The estimated size of the retail commerce economy in India will be more than $1 trillion in the next 3-4 years, said Krishnamurthy
 "India's consumption economy will be third-largest by 2030: Flipkart CEO")
Pine Labs launches AllTap app to turn phone into payment acceptance device
With AllTap, small merchants who aren't ready to invest in a traditional point-of-sale terminal can immediately start accepting digital payments on their NFC-enabled smartphone
 "Pine Labs launches AllTap app to turn phone into payment acceptance device")
Time's up: TikTok to shut operations in India after permanent ban
According to sources, the scaling back will occur in two batches over the next few weeks
 "Time's up: TikTok to shut operations in India after permanent ban")
Swiggy's revenue jumps 115% to Rs 2,776 cr, losses up 61% to Rs 3,768 cr
The Bengaluru-based food delivery giant's total expenses for the fiscal were reported as Rs 6,545 crore
 "Swiggy's revenue jumps 115% to Rs 2,776 cr, losses up 61% to Rs 3,768 cr")
SoftBank-backed Grofers eyes Rs 10,000 cr GMV by March on heavy GOBD sales
The Gurugram-based firm is expecting its GMV to touch around Rs 30,000 crore by 2022 as the coronavirus pandemic has accelerated the shift towards online grocery
 "SoftBank-backed Grofers eyes Rs 10,000 cr GMV by March on heavy GOBD sales")
Amazon asks Delhi High Court to detain Future Group founder, others
Petition also talks about seizure of assets for violating an arbitration court's order to temporarily halt Future Group's $3.4-bn deal with RIL
 "Amazon asks Delhi High Court to detain Future Group founder, others")
WhatsApp Privacy Policy: European users treated differently, govt tells HC
Opt out available to Europeans, all or nothing for Indians, claims Centre
