Thursday, March 28, 2024
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India’s Shemaroo Partners with The Sandbox to Bring Bollywood to Metaverse

BharatBox is designed for a range of activities, including film launches, award ceremonies, live concerts, etc. in the Metaverse. In a groundbreaking partnership, The Sandbox has joined forces with Shemaroo Entertainment, a prominent media and entertainment conglomerate in India. The collaboration will see the creation of BharatBox, a cultural metaverse

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India’s Controversial TDS Crypto Tax Should Be Cut if the Government Wants to Boost Revenue, Transparency, Esya Centre Urges

The tax, a form of income tax known as TDS, has prompted as many as 5 million crypto traders to move their transactions offshore, and has cost the government a potential $420 million in revenue since it was introduced in July, 2022, according to the study by the Esya Centre. Source

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India’s Central Bureau of Investigation (CBI) Appoints Liminal to Manage Seized Digital Assets

"We consider our partnership with the CBI as a testament to our unwavering dedication to building a safe and regulated digital asset ecosystem in India," said Manan Vora, Senior Vice President of Strategy and Business Operations at Liminal. "As experts in the field, we feel it's our responsibility to assist

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India’s Reliance Industries Joins Hands with Nvidia to Build Large Language AI Models

Nvidia will provide Jio with extensive AI supercomputer solutions while Reliance’s Jio Platforms will oversee the AI cloud infrastructure’s management. In a major development on Friday, September 8, Reliance Industries’s Jio Platforms joined hands with GPU giant Nvidia to build large language models on AI. In the announcement, the company

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SVB mixup forces India’s SVC Bank to issue a notice of clarification

The shockwaves caused by the collapse of Silicon Valley Bank (SVB) were felt by countless businesses, including a bank from India that had no relation with the California-based banking institution. Soon after reports of SVB’s imminent shutdown surfaced on March 10, panic spread across the globe as investments tied to one

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