Wipro announces new AI strategy, to invest $1 billion in three years

The investments will focus on the expansion of AI, big data, and analytics solutions, as well as developing new research and development and platforms, it said in an exchange filing.

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Online gaming, casinos set to attract 28% GST: All you need to know

The body chaired by union finance minister Nirmala Sitharaman decided that all large cars, irrespective of how they are popularly classified (as SUV or otherwise), will attract 22% cess, an additional levy imposed over and above GST.

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Microsoft's $69 billion Activision deal gets US judge go-ahead, UK softens opposition

Microsoft cleared major hurdles to its plan to buy videogame maker Activision Blizzard on Tuesday, after a U.S. judge gave a thumbs-up to the $69 billion deal and a British regulator suggested it could reconsider its opposition.

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Govt hits online gaming with 28% tax; Swiggy's food division CEO talks about growth

Fist bump, on hump day. In a major setback to India’s online gaming industry, the GST Council decided to levy a 28% tax on the full value of monies paid by users, a move industry stakeholders have termed “unconstitutional and irrational”. This and more in today’s ETtech Morning Dispatch.

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Indian fintech regulatory companies make a mark on global stage

A clutch of startups that offer digital documentation and verification services is now well established in foreign markets.

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Trai’s proposal to regulate OTT concerning, may threaten privacy, end encryption: Experts

OTT services are currently regulated under the IT Act, which will soon be replaced by the proposed Digital India Bill.

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TikTok parent ByteDance to allow US staff to cash out on shares: report

The move is aimed at appeasing restless employees who have been waiting for an initial public offering to profit from the shares they have been awarded as part of their compensation.

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