India .in Renaming? 🤔, UK Trade Pact 🇬🇧, Google Real Money Games 💰

Catch up on the latest in 🇮🇳 Indian 🇮🇳 startups and tech landscape - all in 5 minutes. [Newsletter Banner] Daily 🇮🇳 IndiaTech 🇮🇳 Roundup Welcome to today's edition of the NextBigWhat Daily IndiaTech News! Today, read up on the potential renaming of India's '.in' domain websites, a trade pact with the UK, and Google plans for SRB-approved real money games. 🤝 🎲 💻 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( India’s Potential Renaming Poses Questions for ‘.in’ Domain Websites 🇮🇳 IndiaTech - The possible change of India’s name to ‘Bharat’ might affect ‘.in’ domain websites. - If the renaming occurs, options like ‘.BR’ or ‘.BH’ are unavailable as they are already claimed by Brazil and Bahrain respectively. - The change, however, is not expected to affect the operations of the websites, just their nomenclature. Anticipated India-UK Trade Pact to Lower Scotch Whisky Tariffs, Benefiting Consumers and Boosting Scottish Exports 📈 India Business - The G20 Leaders’ Summit is expected to advance the India-UK Free Trade Agreement talks. - Indian-UK trade talks include reducing tariffs on premium Scotch whisky imports, which could benefit both economies. - Tariffs reduction would stimulate Scotch exports, offer consumers greater selection and reduce costs for India-Made Foreign Liquor brands. Brain Hacks For Money & Growth With Sid Warrier| Podcast Summary [NBW Newsletter Ad]( SAVE TIME. GET KEY IDEAS FROM THE PODCAST ON ATOMICIDEAS Siddharth Warrier is an expert neurologist who runs his own podcast and YouTube channel from the ABCs of neuroscience to the most complex phenomenons. [Get it]( Infosys Co-founder Highlights Opportunities in Building Digital Public Goods and Fintech 🇮🇳 IndiaTech - Kris Gopalakrishnan, Infosys co-founder, highlighted the opportunity in India to build digital public goods on a large scale, following the success of UPI. - He expressed optimism for Fintech in India and emphasized the role of the government and regulators in fostering trust and bolstering the digital infrastructure. - Gopalakrishnan encouraged democratization of access to payments and emphasized the potential of payment gateways, pointing to Gpay’s enabling of digital transactions for 80% of Indian adults. IBM Extends Research Partnership with IIT-Bombay and IISc-Bangalore for Hybrid Cloud and AI 🇮🇳 IndiaTech - IBM aims to drive innovation and provide solutions to global challenges by leveraging the intellectual talent of students, faculty, and industrial researchers. - The collaborations will focus on research areas including natural language processing, deep generative AI models for multivariate data, detecting and explaining fake news, optimizing workloads in a hybrid cloud environment, and sustainable computing. - The long-standing partnerships have resulted in significant technological advancements and have led to the development of machine learning for understanding Hindi language nuances in India. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( Air India, IndiGo, Vistara Offer Waiver for Fliers Amid G20 Summit Traffic Restrictions 📈 India Business - Airlines including IndiGo, Air India, and Vistara are offering one-time waivers for passengers travelling to and from Delhi between September 7-11, 2023 due to G20 Summit-related traffic restrictions. - The airlines will help passengers with rescheduling or refunds, as necessary, with the only potential cost being the fare difference for rescheduled flights. - Around 160 flights at Delhi’s Indira Gandhi International Airport have been cancelled due to these restrictions. Oyo CEO Ankit Gupta and Europe Chief Mandar Vaidya Step Down 🇮🇳 IndiaTech - Ankit Gupta and Mandar Vaidya left OYO six months ago, with their positions filled by Varun Jain and Gautam Swaroop, respectively. - Gupta, OYO India CEO, is believed to be working on a new venture, while Vaidya previously served as Oyo Europe CEO. - Their departures occurred amid a major management restructuring and follows a rising trend of CEOs leaving their roles. Sebi considers fractional share ownership, major legal changes needed 📈 India Business - The Securities and Exchange Board of India (Sebi) is contemplating introducing fractional share trading. - Fractional trading would make high-priced shares more accessible for average retail investors, adopting a model already in use in the US. - Despite the chairman’s support, the introduction of fractional shares requires significant changes to regulatory and company legislation. Swiggy Plans for Instamart Junction Profitability by March 2024 🇮🇳 IndiaTech - Swiggy sets internal target to make Instamart, its grocery delivery unit, profitable by March-April 2024. - Achieving profitability could set the stage for Swiggy’s public listing planned for August-September 2024. - Efficiency gains reducing consumer acquisition costs and increasing repeat purchases are motivating the profitability targets. Google plans to allow SRB-approved real money games on Play Store 🇮🇳 IndiaTech - Google is contemplating allowing real money gaming apps approved by Self Regulatory Bodies (SRBs) on its Play Store. - The tech giant has been closely following all developments in this sector given the rising popularity of such apps. - This move, however, is impacted by the recent GST increase in India on online money games, causing layoffs in gaming firms. India: A Global Connector and Powerhouse of Innovation, says KPMG CEO 📈 India Business - India is standing as a bridge connecting the world, bringing inclusivity and decisive action to the table. - Startup20 Engagement Group will be established under India’s G20 presidency to emphasize on startups’ role in global innovation. - G20 focus includes digital infrastructure growth, with India’s digital initiatives, such as UPI, offering a model for other emerging economies. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](