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Like a siren in the dark, a single message is enough to jolt fear—and drain a bank account. A Familiar Trap, Now on a Wider Net In late 2025, when Bengaluru Police announced a 50 per cent discount on traffic penalties, cybercriminals exploited the moment by circulating fake traffic fine messages to unsuspecting smartphone users. That scam is now back—broader, sharper, and aimed at victims across multiple cities and towns in India. The latest version mimics official e-challan alerts. Fraudsters send messages via WhatsApp and other messenger apps claiming the recipient has violated traffic rules. The messages warn that failure to pay immediately will result in authorities visiting homes and seizing vehicles. Panic is the hook. Each message carries a URL that redirects users to a convincing-looking website resembling an official government portal. The page displays the State Emblem of India—an adaptation of the Lion Capital of Ashoka—and claims to be managed by the Union Ministry of Road and Transport. Victims are prompted to enter debit or credit card details, including CVV numbers and expiry dates. Once submitted, the scamsters siphon money from linked bank accounts within minutes. Spot the Red Flags, Stay One Step Ahead Cybersecurity experts urge citizens…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

The Indian government has announced that cigarette prices across the country will rise starting February 1, 2026 following significant changes to the taxation framework on tobacco products. Under the new rules, a separate excise duty will be levied in addition to the existing Goods and Services Tax (GST), marking a major adjustment in cigarette taxation after years of stable rates. New Excise Duty Structure Explained Previously, cigarettes were primarily taxed through GST and a value-based levy. The revamped system imposes a specific excise duty per 1,000 sticks, which varies according to whether the cigarette is filtered or non-filtered and its length including the filter. As a result: Short non-filter cigarettes (up to 65 mm) will face a lower duty per stick. Filtered and longer cigarettes (above 65 mm) will attract progressively higher duties. Some non-standard or uniquely designed sticks fall under the highest levies. The excise duty ranges from about ₹2,050 to ₹8,500 per 1,000 sticks, meaning the added tax per cigarette increases with size and category. Impact on Popular Brands The new tax regime is expected to affect mid-to-premium cigarette segments more sharply. Longer and premium variants — often including well-known brands — will likely see higher price increases…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

Ola Electric has revealed that it will be trimming its workforce by around 5% as part of a strategic restructuring aimed at cost optimisation and moving closer to long-term profitability. This decision affects employees across various functions and reflects broader changes in the company’s operational priorities. The company said that increasing automation across front-end operations and streamlining processes are key elements of its plan to build a leaner organisation focused on speed and discipline. Context: Ongoing Restructuring and Market Challenges This latest round of layoffs is not the first for Ola Electric. The company has already undergone significant internal restructuring in recent years, including: In March 2025, it cut over 1,000 jobs across sales, service and distribution divisions. In November 2024, it laid off around 500 employees as part of earlier efficiency measures. The repeated workforce reductions reflect persistent challenges including falling sales volumes, market share losses to competitors, and mounting pressure to improve margins. Reasons Behind the Cuts According to company statements and industry reports, the workforce reduction is part of a bid to: Enhance automation in key customer-facing and operational areas to improve efficiency. Improve customer experience by deploying more technology solutions and faster service responses. Strengthen financial…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

After decades of relying on the classic red steel LPG cylinders for cooking gas, India is introducing a new generation of plastic or composite LPG cylinders designed to offer enhanced convenience, safety, and performance. This marks a significant shift in how domestic cooking fuel is stored and handled across households. Why Change Was Needed Traditional steel LPG cylinders, while robust, are heavy, prone to rust and corrosion, and offer little insight into remaining gas levels. These factors make handling and monitoring gas quantity difficult for many users, particularly those who install or change cylinders themselves. Durability and ease of movement have long been concerns for consumers, prompting calls for innovation. What the New Plastic LPG Cylinders Bring The new cylinders — such as Bharatgas Lite launched by Bharat Petroleum Corporation Ltd (BPCL) — are made from advanced composite materials rather than metal. This design reduces weight by more than half compared to traditional cylinders of similar LPG capacity, making them far easier to lift and handle. The composite body also does not rust or corrode, boosting long-term durability. Safety Enhancements Safety improvements are among the most notable advantages of the new design. Composite cylinders are engineered to withstand high-pressure conditions…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

India’s historic high-speed rail project, the Mumbai–Ahmedabad High-Speed Rail Corridor, has taken a major step forward in human capital development. Fifteen carefully selected Indian railway professionals are undergoing specialised training in Japan to prepare them as the first generation of Shinkansen pilots for the new bullet train service, which will operate at speeds of up to 320 km/h. Selection and Background of Trainees The training cohort consists of fifteen mid-career professionals chosen for their operational experience within Indian rail systems. Trainees like Vishal have prior experience in metro operations, giving them a solid foundation before entering the rigorous Japanese training environment. This collaborative effort, supported by agencies including JICA and JR East, is designed not just to teach technical skills but also to instil Japan’s world-renowned rail safety and precision culture. Mastering Precision and Safety Culture A hallmark of the Shinkansen training is the adoption of practices such as “point-and-call”, a disciplined method where drivers physically point at instruments and call out statuses to reinforce safety. Trainees also practice navigating real routes like the Joetsu Shinkansen, where close station spacing requires frequent acceleration, braking and stopping with meticulous accuracy. Even deviations of a single kilometre per hour or a few…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

India’s probe into the fatal Air India Flight AI171 crash — a Boeing 787 Dreamliner accident near Ahmedabad that claimed 260 lives — is reportedly moving closer to identifying deliberate pilot action as the most probable cause of the tragedy. Authorities and investigators familiar with the yet-unreleased findings indicate that other major possibilities, including mechanical failure or sabotage, have not been substantiated. This marks a shift from earlier weeks when different scenarios were still being explored, and reflects how complex aviation accident probes evolve as evidence is examined. Ruling Out Mechanical Failure and Sabotage According to people familiar with the investigation, detailed technical analysis so far has not identified mechanical faults in the aircraft that would directly explain the crash. Likewise, investigators have not found credible evidence of sabotage, narrowing the focus significantly. The absence of mechanical or external interference as causes leaves human actions in the cockpit as the strongest remaining line of inquiry. Aviation probes typically eliminate all other plausible factors before pointing toward crew actions, which are considered only after exhaustive technical and operational reviews. Fuel Cutoff and Cockpit Data Early data from flight recorders retrieved from the crash site, reported in previous phases of the investigation,…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

Moving to the cloud is less a question of if and more a question of how. The success of that transition hinges on picking...

In a technology landscape dominated by hype cycles and short-term bets, Arvind Krishna represents a different kind of leadership, measured, deeply technical, and future-focused....

After working across India, the US and China, Amit Srivastava kept running into the same challenge: the nutraceutical supply chain remained deeply fragmented.“On one side, branded formulation companies struggle to get the right ingredients, manufacturing technologies, and regulatory inputs to launch innovative products. On the other side, there are scientists, small innovators, and niche companies doing brilliant work with no real way to break into the networks of large brands and established supply-chain players,” he tells YourStory. To bridge this gap, Srivastava founded Nutrify TodayNutrify Today in 2020. It is an AI-driven, curated and audited data platform that helps branded formulation companies design differentiated portfolios, explore intellectual property (IP) potential, and back products with strong scientific evidence. Srivastava says the platform helps companies commercialise products in about nine months across 13 countries, instead of the usual two to three years. “In parallel, the platform scans over 2,300 audited suppliers, including ingredient players, contract manufacturers, and research organisations, and intelligently matches them to relevant innovation opportunities,” he says. In its mission to democratise the global nutraceutical supply chain, the founder claims that Nutrify Today has over 78,000 industry stakeholders globally. The Bengaluru-based deeptech startup operates with a 40-member team.Empowering the nutrition movementThe Nutrify team…  ​Read More​YourStory RSS Feed

Zupee has laid off around 200 employees in its second round of job cuts in less than six months, as the Indian online gaming startup continues to restructure its business following a nationwide ban on real-money gaming.The latest reductions, announced on Friday, affect multiple teams and form part of what the company described as a limited organisational realignment to adapt to the evolving regulatory and market environment. In September, Zupee had cut about 170 roles — roughly 30% of its workforce — shortly after Parliament approved legislation prohibiting all real-money gaming platforms.Zupee said affected employees will receive financial support beyond contractual notice periods, continued health insurance coverage for its full term and access to a Rs 1 crore medical support fund. The company also said impacted staff will be given priority for rehiring as new roles open up.The layoffs follow the enactment of the Promotion and Regulation of Online Gaming Act, 2025, which imposed a blanket ban on real-money gaming while allowing esports and casual social games to continue. The legislation ended years of regulatory uncertainty over whether such games constituted skill or chance, forcing companies to shut down paid offerings or pivot their business models.Zupee was among the first…  ​Read More​YourStory RSS Feed