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Paytm targets a million apps on its mini app store to take on Google
For Google, the face-off against Paytm and other Indian app startups creates a new problem in one of its top growth markets, where it has committed to spend around $10 billion over the next five to seven years through equity investments and tie-ups.
Google also faces four antitrust cases in India, the latest of which alleges the Mountain View, California-based tech giant abused its Android operating system’s dominant position to garner an unfair advantage in the smart TV market.
Google has denied any wrongdoing.
India’s coronavirus infections rise by 70,496 to 6.91 million
The COVID-19 case fatality rate due to the coronavirus infection was recorded at 1.54 per cent.
India’s death toll from the novel coronavirus rose past 100,000 on Saturday, only the third country in the world to reach that bleak milestone, after the United States and Brazil, and its epidemic shows no sign of abating.
Retreating monsoon rains worry paddy farmers in Maha
Gondia district agriculture superintendent Ganesh Ghorpade and his Bhandara counterpart Hindurao Chavan told PTI that farmers need not worry as of now, but if rains continue for some more time, then “things would get tougher”.
They have asked cultivators to delay the crop cutting work by five to six days and also keep a tab on rain prediction before harvesting the crop.
ICICI Prudential Life Insurance to raise up to Rs 1,200 crore via NCDs
“The Board of Directors has at their meeting held on October 7, 2020 approved raising capital by issuance of subordinated debt instruments in the nature of rated, listed, redeemable, unsecured, fully paid-up, non-cumulative, non-convertible debentures (NCDs) up to Rs 12 billion,” ICICI Prudential Life Insurance Company said in a regulatory filing.
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