IT company L&T Technology Services on Tuesday announced a partnership with telecom gear maker Mavenir to deliver end-to-end 5G automation services. L&T Technology Services (LTTS) said its experience in the delivery of telecommunications engineering products and services and growing portfolio of ready-to-use 5G components played a crucial role in this agreement.

Nothing, a consumer tech venture by OnePlus co-founder Carl Pei, is keen on building an ecosystem of "connected" products and services and is counting on India to be one of its important markets, a top company official said. The London-based company, which is backed by Indian entrepreneur Kunal Shah, has partnered with Walmart-owned Flipkart for its foray into the Indian market.

Bitcoin, the world's largest cryptocurrency, has seen a massive plunge recently.

Sources tell CNBC-TV18 that Mitron has laid off several members from its team of 60. However, Mitron co-founder and CEO Shivank Agarwal, said only a few people have been laid-off, and the company is hiring for tech roles.