ANAND J retweeted
Jun 12
#TechWithMC | UPI’s transaction volume and user adoption metrics see sharp slowdown
- UPI's transaction growth slowed to 24 percent in May 2026
- PhonePe's merchant network plateaued at 11 million since FY23
- User and merchant growth has slowed over the past two years
@AnandJRAnand with more details👇
moneycontrol.com/technology/…
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ChristinMathewPhilip retweeted
Jun 12
#TechWithMC | IIT Madras’ Tunga Aerospace tops ITBP’s Rs 21 crore drone tender; Adani Defence, Asteria fall short
- Tunga Aerospace is the lowest bidder for ITBP's UAV procurement.
- The company quoted Rs 21.82 crore, undercutting other bidders.
- ITBP seeks high-altitude UAVs for border surveillance tasks.
@AihikS with more details👇
moneycontrol.com/technology/…
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Jun 12
#TechWithMC | Nothing CEO Carl Pei warns of costlier smartphones as memory chip prices soar
-Smartphone prices in India rose 7.9% in early 2026
-Memory chips now cost more than processors or displays
-Budget phones see steepest price hikes due to memory shortages
@DanishKh4n reports ⤵️
moneycontrol.com/technology/…
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Jun 11
#TechWithMC | Asus starts making TUF gaming laptops in India, ramps up local production
-Asus starts making TUF gaming laptops in India via Dixon Tech
-Local laptops may form 30% of Asus India sales in 2024
-Asus to localise 25–30% of TUF gaming laptop output
Details by @DanishKh4n ⤵️
moneycontrol.com/technology/…
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ANAND J retweeted
Jun 11
#TechWithMC | Major brokers to launch EGR on their platform, but face stiff challenge from digital gold and ETFs
- Top brokers may start EGR trading after NSE’s recent launch
- EGR enables SEBI-regulated digital gold with physical delivery
- Low liquidity, GST issues, and unclear costs slow EGR adoption
@AnandJRAnand with more details⏬
moneycontrol.com/technology/…
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ChristinMathewPhilip retweeted
Jun 10
#TechWithMC | Chips for debt: How India's AI firms are turning GPUs into collateral
-Indian AI firms pledge GPUs as collateral for loans
-GPU-backed loans help unlock capital without equity dilution
-GPU financing in India is nascent but demand is rising rapidly
@debanganaghosh4 brings in more details:
moneycontrol.com/technology/…
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ChristinMathewPhilip retweeted
Jun 11
#TechWithMC | ChatGPT can now complete purchases as Visa integrates payment network
- Visa embeds payment network in ChatGPT for AI-driven shopping
- Users can link Visa cards to ChatGPT for secure transactions
- Adds spend caps and approvals to help prevent fraud
Read More:
moneycontrol.com/technology/…
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ChristinMathewPhilip retweeted
Jun 11
#TechWithMC | Opendoor shuts India operations, lays off 250 employees and moves roles to the US
- Opendoor shuts India operations, relocates 250 jobs to US.
- Move part of Opendoor 2.0 strategy to simplify and use more AI.
- Affected India employees get severance and transition support.
Read More:
moneycontrol.com/technology/…
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ChristinMathewPhilip retweeted
Jun 11
#TechWithMC | After backlash, Anthropic to revise Claude Fable 5's AI development restrictions
- Anthropic will make Claude Fable 5 safeguards visible to users
- Move follows backlash over hidden restrictions in Fable 5 rollout
- Safeguards prevent misuse in frontier LLM development
@tsuvik with more details⏬
moneycontrol.com/technology/…
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