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Automaker Hyundai Motor India has expanded its popular i20 hatchback lineup with a new entry-level variant called the ERA for the 2026 model year. This addition is designed to make the i20 more accessible to buyers seeking the brand’s appeal and quality in a value-focused package, especially in the highly competitive premium hatchback segment. The new i20 ERA sits below the existing variants in pricing and features, offering essential comforts and modern design in a package tailored for first-time buyers and urban commuters. It arrives as part of Hyundai’s broader strategy to strengthen sales volumes and market appeal in a segment dominated by rivals like Maruti Suzuki Baleno and Honda Jazz. Pricing and Positioning The i20 ERA is positioned as the most affordable i20 variant in the Indian market, with prices estimated at around ₹6.50 lakh (ex-showroom). This competitive pricing aims to attract buyers who want the i20’s refined driving experience without premium-segment pricing. By introducing a value-oriented trim, Hyundai hopes to capture customers who might otherwise choose slightly lower-priced alternatives, expanding its reach across price-sensitive demographics while retaining the i20’s reputation for quality and feature richness. What the i20 ERA Offers While the ERA is the base variant, it…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

Kunal Arya’s electric scooter stuttered when he first tried to zip down the Hisar roads in 2019. India was yet…

Like a drawbridge lifting over a busy river, Texas has paused the flow of global talent at its public institutions. Texas Pulls the Brake Governor Greg Abbott has ordered Texas state agencies and public universities to stop filing new H-1B visa petitions until next year, a move affecting a state that employs thousands of foreign professionals through the program. The decision aligns with broader efforts by the Trump administration to reshape the visa system, long criticized by conservatives who argue it undercuts American workers by favoring lower-paid overseas labor. Abbott framed the pause as a matter of principle, writing, “State government must lead by example and ensure that employment opportunities — particularly those funded with taxpayer dollars — are filled by Texans first.” Supporters of the freeze say it buys time. Abbott argues the halt will allow lawmakers to craft “statutory guardrails,” give Congress room to amend federal law, and let ongoing federal reforms take effect. The order runs through May 31, 2027, though exemptions may be granted by the Texas Workforce Commission. Talent, Tension, and the Stakes Critics warn the decision could deepen staffing shortages and weaken Texas’ research and health care institutions. Rep. Ramon Romero Jr. countered that…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

Elevate Now, a doctor-led, root-cause-driven clinical weight loss platform, has raised ₹18 crore in seed funding, led by Physis Capital, with participation from Inflection Point...

Like a digital sentry standing guard at the nation’s gateways, technology is quietly redrawing India’s defence against cyber-crime. Sanchar Saathi: From Controversy to Cyber Shield The Modi government’s Sanchar Saathi initiative has steadily emerged as a central pillar of India’s expanding cyber security framework, mirroring both the scale of digital adoption and the urgency of countering a rapidly evolving threat landscape. While a government order recommending the app’s pre-installation triggered sharp debate during the last Parliament session, public response has since told a different story. The platform has logged over 20 crore portal hits and more than 2 crore mobile app downloads, making it one of the government’s most widely used citizen-facing cyber safety tools. Highlighting its impact, union minister for communications and development of the north-eastern region Jyotiraditya Scindia said, “Sanchar Saathi has led to the blocking of 1.52 crore mobile connections linked to unauthorised or suspicious activity. A further 2 crore mobile numbers have been disconnected following verification processes. The crackdown has extended to digital communication platforms as well, with 27 lakh WhatsApp accounts linked to fraudulent SIMs disconnected.” He added that Sanchar Saathi has been functioning as a strong and resilient firewall against cyber frauds. Speaking at…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

German venture capital (VC) firm Bertelsmann Investments (BI) has acquired a majority stake, 80% to be precise, in its portfolio…

For years, credit cards in India were seen as a financial tool reserved for salaried professionals. But that perception is fast changing. Today, a growing number of young Indians, especially college students, are using student credit cards not just to manage everyday expenses, but to also start building a credit history even before they land their first job.With banks introducing student-friendly credit cards that come with low barriers to entry, zero annual fees, and controlled limits, credit is becoming an early financial learning tool rather than a post-employment privilege.At their core, credit cards offer two things students increasingly value: convenience and rewards. Cashback, discounts, and merchant offers make them attractive alternatives to cash or UPI for regular spending. More importantly, when used responsibly, they help establish a credit score, an asset that plays a critical role later when applying for education loans, personal loans, or even rental agreements.Benefits beyond building a credit score Student credit cards today go beyond credit history building. Products like the IDFC FIRST WOW! Credit Card offer features such as zero joining and annual fees, interest-free cash withdrawals for up to 45 days, and rewards on everyday spending. Because the card is backed by a fixed…  ​Read More​YourStory RSS Feed

Google has provided some employees in its business unit with voluntary exit packages (VEPs) in light of the continuing wave of layoffs in the...

The Competition Commission of India (CCI) has imposed a Rs 27.38 crore penalty on Intel Corporation for abusing its dominant position in the market for boxed microprocessors for desktop computers through what it described as a "discriminatory India-specific" warranty policy.In a statement on Thursday, the regulator said Intel’s policy—which restricted warranty claims in India to products purchased only from authorised Indian distributors—was inconsistent with the company’s warranty practices in other markets, including China and Australia.According to the watchdog, the policy limited consumer choice and restricted the activities of parallel importers, resulting in an appreciable adverse effect on Indian consumers.The case relates to a provision introduced in April 2016 under which warranty requests for Intel boxed microprocessors in India would be honoured only if the products were sourced through authorised domestic distributors. As a result, customers who purchased products through authorised distributors overseas were required to seek warranty support in the country of purchase.Also ReadCybersecurity breaches emerge as top risk for India Inc: FICCI-EY SurveyThe CCI said the policy remained in force for eight years, warranting a penalty equivalent to 8% of Intel’s average relevant turnover in the affected market. However, the commission reduced the final penalty amount after considering mitigating…  ​Read More​YourStory RSS Feed

Rahul Mehta walked into the room at IIT Madras wearing a red hoodie and brown trousers, and the first thing he did was apologise for his attire. His luggage had not arrived with him due to some airline mishap, and he had come straight from the airport to the event he was organising on campus. He had slept four hours and looked like he could have used four more. At a table nearby, two men were loudly discussing some business matter, oblivious to us, and Mehta glanced at them briefly before turning his attention back. There was an energy about him that did not match the casual clothes, a kind of restlessness that seemed incongruous for someone who had walked away from the money game nearly two decades ago.He built four companies in America, sold them all to names like HP, Veritas and Brocade, never took a loan, never raised venture capital, and stopped in 2006 because he had reached what he calls his “enough number”. Since then, he has funded eight schools across six IITs in fields ranging from biotechnology to data science to sustainability. The Bhupat and Jyoti Mehta Family Foundation, named after his parents, has supported more than…  ​Read More​YourStory RSS Feed