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Happy Thursday! Talks between Aakash Institute promoters and Byju’s on Aakash Chaudhry’s return to helm the coaching firm have failed. Details on this and more in today’s ETtech Morning Dispatch.
At IIT Mandi, 27 students have received stipends of Rs 1 lakh or more this year. In Bengaluru, RV College of Engineering has seen 39 students getting over Rs 1 lakh in monthly stipends compared to 8 last year. Around 30 students at Vellore Institute of Technology have also bagged Rs 1-lakh stipends, with companies like Couchbase and Amazon offering Rs 1.2 lakh and Rs 1.1 lakh, respectively.
Happy Wednesday! Razorpay, Cashfree, PayGlocal and other fintech startups are seeking a licence for facilitating cross-border payments from the RBI. This and more in today’s ETtech Morning Dispatch.
Tech Bytes
Binance to end support for USDC stablecoin on Tron blockchain network
Stablecoins are digital tokens that are designed to keep a constant value and are backed by traditional currencies.
India's PC market to grow 14% in 2024 with AI-enabled tech in focus: report
Both commercial and consumer segments are expected to record robust double-digit percentage growth, while commercial procurement is anticipated to be the driving force. AI-enabled PCs and local manufacturing will be in focus, a report by Canalys found.
NetApp appoints Alessandra Yockelson its chief human resources officer
Yockelson will lead all aspects of people and organisational strategy, including talent development and growth, performance management, team engagement, recruiting, DEIB, and compensation and benefits.