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IndiGo Announces Six Additional Flights From May 25

Tuesday, April 23, 2019, 1:07 PM

IndiGo has announced six additional daily direct flights from Delhi. The airline said in a statement that the six flights, aimed at strengthening the connectivity from the national capital, will be launched with effect from May-25. The announcement of additional flights by IndiGo comes at a time the grounding of all operations by rival Jet Airways has led to a greater demand for flights.
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Qualcomm and Apple agree to drop all litigation

Wednesday, April 17, 2019, 6:22 PM

Apple and Qualcomm have decided to drop all ongoing litigations and settle their royalty dispute, reaching an agreement on global patent license and chipset supply. Apple filed a $1-billion lawsuit against Qualcomm in 2017, accusing it of monopoly and overcharging for chips after which the latter filed a counter lawsuit. The settlement includes an undisclosed amount from Apple to Qualcomm.
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Facing funding crunch due to crypto ban, Unocoin executes mass layoffs

Tuesday, April 16, 2019, 4:54 PM

Bengaluru-based cryptocurrency startup Unocoin has fired nearly 86% of its staff, retaining only 14 employees in the team from its peak of around 100 employees in February 2018. Unocoin Co-founders Harish Bv and Sathvik Vishwanath were arrested in October 2018 for illegally setting up a Bitcoin kiosk (ATM). The RBI had prohibited Indian banks from crypto-related trading last year.

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