Linux Foundation announces launch of LF India to expand global open source support and innovation
The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced the establishment of the LF India, created to foster open collaboration for Indian open source developers, enterprises, government organizations, and community. LF India will engage regional startups and
Lenovo honored with Golden Peacock Global Award for ESG
On November 13, 2024, Lenovo was honored with the Golden Peacock Global Award for ESG by the Golden Peacock Awards Secretariat and Institute of Directors. This is the third year that the awards cycle was held. India invited applications from
Xiaomi asks India to recall antitrust report on Walmart’s Flipkart, sources say
By Aditya Kalra NEW DELHI (Reuters) - China's Xiaomi has asked India's antitrust body to recall its report that found the company and Walmart's Flipkart breached competition laws, arguing it contains commercial secrets, two people familiar with the matter said. Any recall
‘No work, no pay,’ Samsung warns striking Indian workers as dispute escalates
By Praveen Paramasivam CHENNAI, India (Reuters) - Samsung Electronics has warned its striking workers in southern India they will not receive wages if they continue protesting and also face the risk of termination, a company email showed, escalating a dispute between
India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
By Aditya Kalra NEW DELHI (Reuters) - Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters. Antitrust
Workers at Samsung India plant strike, partly hitting production
By Praveen Paramasivam and Dhwani Pandya CHENNAI (Reuters) - Hundreds of workers at a Samsung Electronics plant in southern India have begun an indefinite strike to demand higher wages, partly hitting production on Monday, a union leader told Reuters. The strike comes
India’s Paytm gets government nod for investment in payments arm
By Manvi Pant BENGALURU (Reuters) - India's Paytm has received an approval from the country's finance ministry to invest in its payment services business, the fintech firm said on Wednesday. One 97 Communications, popularly known as Paytm, has been under the scrutiny
Chevron to invest about $989 million in India, state minister says
By Harshita Meenaktshi (Reuters) - Chevron plans to invest 83 billion rupees ($989.20 million) in India's Bengaluru, in what will be the oil and gas firm's largest tech center outside the United States, a minister with the state government of Karnataka
India minister accuses Amazon, e-commerce firms of predatory pricing
By Aditya Kalra and Shivangi Acharya NEW DELHI (Reuters) - India's commerce minister accused Amazon and other e-commerce companies of predatory pricing practices and said the sector's rapid rise should not disrupt millions of brick-and-mortar stores operating in the country. Amazon and