Apple supplier in India suffers $12M loss
and more news from Indian startups and businesses
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Your today’s #bigIdea of the day is here
You want to follow the leader who is creating an atmosphere where people want to be, not where they’re forced to be. The test is to look at the team and culture around them rather than their bank balance or possessions - from the book, The 100X Leader
#BigNews of the day from Indian startups and business world
Two-Factor Authentication for Aadhaar-Based Fingerprint Authentication
New security mechanisms are rolled out for Aadhaar-based fingerprint authentication.
Two-factor/layer authentication is introduced to validate the genuineness (liveness) of the fingerprint.
This will reduce the chances of spoofing attempts.
Government Launches New Platform to Process Complaints Against Social Media Companies
Government launches a new platform to process complaints against social media companies.
Platform will automatically segregate complaints.
Platform will also escalate complaints that require intervention.
Foxlink, Apple supplier in India, suffers $12M loss due to factory fire
Foxlink, one of Apple’s main suppliers, has suffered a $12M loss due to a factory fire in India.
The fire destroyed half of the machinery at Foxlink’s facilities in India.
Bharti Airtel reaches 10 million customers on 5G network
Bharti Airtel has surpassed 10 million unique customers on its 5G network.
The company is aiming to cover every town and key rural areas with Airtel 5G services by the end of March 2024.
Uber encourages dialogue on Electric Vehicles in Delhi following restrictions on bike taxis
Uber calls for talks on Electric Vehicles in Delhi after curbs on bike taxis.
Over 100,000 drivers in Delhi rely on two-wheeler rides for their income.
Uber calls for equal treatment of two-wheeler rides and delivery services.
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