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Truecaller launches eSIM service for travelers in 29 countries, excluding India due to regulations.

Market News
20 May 2026
TechCrunch
View Source
Neutral
pluang ai news

Truecaller has introduced eSIM services targeting travelers, offering data plans from 1 GB for 7 days to 20 GB for 30 days across 29 countries, excluding India due to strict telecom rules. The move aims to diversify revenue streams amid declining ad sales, leveraging Truecaller's existing user base of over 500 million for easier market entry. The company partners with Telna and Telness Tech to operate the platform, positioning the eSIM as a strategic addition to enhance app usability and subscription income. This launch comes as Truecaller faces financial challenges, including a 27% drop in net sales and a 44% decline in ad revenues in Q1 2026, alongside recent job cuts.

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Cognizant CEO named to TIME100 AI list for leading enterprise AI transformation and workforce innovation.

Cognizant CEO named to TIME100 AI list for leading enterprise AI transformation and workforce innovation.

Cognizant CEO Ravi Kumar S has been named to the 2026 TIME100 AI list for the second year in a row, recognizing his leadership in advancing enterprise AI transformation. Under his guidance, Cognizant has invested heavily in AI capabilities, pioneerin...

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Vontier rated Buy as earnings growth outpaces revenue, driven by margin gains and share buybacks.

Vontier rated Buy as earnings growth outpaces revenue, driven by margin gains and share buybacks.

Vontier received a Buy rating due to earnings growth surpassing modest revenue gains, fueled by margin expansion and aggressive share repurchases. Its core Environmental and Fueling Solutions (EFS) business remains strong, supporting a growing instal...

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Gold nears $4,600/oz as US jobless claims fall below forecasts, signaling strong labor market.

Gold nears $4,600/oz as US jobless claims fall below forecasts, signaling strong labor market.

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TotalEnergies posts strong Q2 2026 results despite Middle East production losses, backed by refining and price gains.

TotalEnergies posts strong Q2 2026 results despite Middle East production losses, backed by refining and price gains.

TotalEnergies reported its strongest quarter for adjusted net income and operating cash flow in Q2 2026, overcoming a production loss of about 210,000 barrels per day due to Middle East conflict. The company offset these losses through higher realize...

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RBC raises Chesnara price target to 400p after strong cash growth and acquisition boost

RBC raises Chesnara price target to 400p after strong cash growth and acquisition boost

RBC Capital Markets increased its price target for Chesnara PLC to 400p from 360p following a 79% year-on-year rise in first-half operating capital generation, driven by the Chesnara Life UK acquisition. The full-year forecast for operating capital g...

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