India Internet News

Marketplace services more than doubled to Rs 7,751 crore from Rs 3,734 crore, while advertising rose 27% to Rs 6,317 crore. Logistics revenue fell sharply to Rs 4,224 crore from Rs 6,838 crore, signalling a pullback from third-party fulfillment.

Employee benefit costs dropped to Rs 4,748 crore from Rs 5,178 crore, depreciation and amortization eased to Rs 256 crore, and finance costs were flat at Rs 162 crore. Other expenses, including platform, logistics and marketing, rose to Rs 17,145 crore from Rs 14,958 crore. The company booked a pre-tax loss of Rs 1,503 crore, aided by Rs 70 crore in profit share from associates.

The report stated that 732 million people in India, accounting for almost 83 per cent of internet users, consume the internet to access over-the-top (OTT) audio and video content. Other major use cases include online communication, social media, and online gaming, according to the Internet in India Report 2024.

Several heavyweight publishers and tech companies — Reddit, Yahoo, People, O'Reilly Media, Medium, and Ziff Davis (ZDNET's parent company) — have developed a response: the Really Simple Licensing (RSL) standard.

The edtech company was supposed to be the conglomerate’s answer to India’s education crisis. Seven years and $180 million later, the AI-powered startup has quietly vanished into corporate obscurity.

She told the BBC she rushed to her HDFC Bank branch - India's largest private lender - on 4 September 2024, panicked and under video surveillance by scammers, transferring 28m rupees that day and another 30m the next.

She alleges that the bank failed to detect red flags or trigger alerts for abnormal transactions, even though the amounts she was transferring were 200 times larger than her usual pattern of withdrawals.

She wonders why her premium account drew no call from her relationship manager and why the bank failed to flag such massive debits.

The South East Asia-Middle East-Western Europe 4 cable is run by Tata Communications, part of the Indian conglomerate. The India-Middle East-Western Europe cable is run by another consortium overseen by Alcatel-Lucent. Both firms did not immediately respond to requests for comment.

Starlink’s installation is expected to cost between Rs 30,000 and Rs 35,000, with monthly subscription charges projected at Rs 3,000–Rs 4,200. Reports also suggest unlimited data plans around Rs 3,000, while a promotional entry-level plan could start near Rs 900 per month.

Further, of these over 100 crore subscribers, 4.47 crore had wired internet connections, while 95.81 crore have wireless connections.