Oyo breaks ceasefire, drags Zo to court; Reliance Industries plans digital industrial area

Startups and controversies seem to go hand-in-hand, finds Sindhu Kashyap, and the latest to this are Oyo Rooms and Zo. The former said it has taken the latter to court, shattering a two-year calm between the warring competitors.

Another sector, another battle - Samsung and Xiaomi are locking horns for supremacy in India, which is the world’s fastest-growing smartphone market, says Sohini Mitter. While Samsung leads in terms of global market share, ahead of even Apple, Xiaomi reported two brilliant quarters in India, where it surpassed the Korean manufacturer in device shipments.

NASSCOM launched a platform for skills development in eight varied technologies, starting with Artificial Intelligence, as exponential technologies and digitalisation become indispensable for professions across the IT spectrum, says Harshit Mallya. The platform Futureskills was unveiled by Prime Minister Narendra Modi.

Reliance Industries plans to set up India’s first digital industrial area in Maharashtra, Chairman Mukesh Ambani has announced. He said Reliance, along with global tech giants like IBM, Cisco, HP, Dell, Nokia, Nvidia, and Siemens, would invest Rs 60,000 crore over the next ten years on the project.

STARTUP STORIES

We came across investors who had a mindset that investing in the stock market is equivalent to gambling - Nalini Jindal, Co-founder and Chief Investment Officer of Intellistocks, told Libza Mannan. This and many hurdles later, Nalini helps clients invest in mutual funds, fixed income, stocks, and real estate by providing in-depth knowledge about companies, industries, markets and world economies.

Krishna Reddy and Anji Reddy want to retire the address box on your apps - their tech figures out where you are while placing an order, and tags your location as the delivery destination, says Vishal Krishna. Between 2015 and 2016 they piloted a product that offered real-time tracking of courier services. That’s when they realised that courier boys called clients so often that some of the clients got irritated.