Friday, April 26

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Exclusive: Dilip Shanghvi, IDFC Bank Withdraw From Payments Bank
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Exclusive: Dilip Shanghvi, IDFC Bank Withdraw From Payments Bank

Telenor Financial Services, IDFC Bank and Sun Pharma's Dilip Shanghvi have decided to withdraw their licence to set up a payments bank. They are the second applicant to withdraw from the licence after Cholamandalam group pulled out of payments banks race a couple of months back. In a joint press statement, the partners said: "Dilip Shanghvi, IDFC Bank and Telenor Financial Services jointly agree to withdraw plans to establish a payments bank venture and consequently the payment bank licence will not be pursued." Last September, Dilip Shanghvi, Chairman of Sun Pharma, as lead applicant along with Telenor Financial Services and IDFC Bank, was granted in-principle licence by Reserve Bank to form a payments bank. "Following the mutual decision to withdraw from setting up a payments bank,...
News Updates: MobiKwik Partners With Domino’s Pizza, Burger King, Flipkart’s EKART Introduces Smart Courier Service
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News Updates: MobiKwik Partners With Domino’s Pizza, Burger King, Flipkart’s EKART Introduces Smart Courier Service

MobiKwik, one of India's independent mobile payments' network has partnered with Domino's and Burger King for cashless payments across their outlets in 200+ Indian cities. With this association, MobiKwik now has enabled cashless payments across 8,000 restaurants in India. Announcing these associations, Upasana Taku, co-founder, MobiKwik said: "At MobiKwik, we are driven with the vision of a cashless India and our association with these food-retail giants like Dominos is a strong step towards realising that idea. We aim for 100 percent growth every month through offline food and retail tie ups." MobiKwik is one of the largest independent mobile payments network, connecting 30 million users with 75,000+ retailers. Founded in 2009 by Bipin Preet Singh and Upasana Taku, the company has raise...
Meet Google New Army – ‘Google Assistant’, ‘Google Home’, ‘Allo’ ‘Duo’ And Android N
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Meet Google New Army – ‘Google Assistant’, ‘Google Home’, ‘Allo’ ‘Duo’ And Android N

Internet giant Google's Chief Executive Sundar Pichai has announced several new features like 'Google Assistant', 'Google Home', a new messaging app called 'Allo' and video calling feature 'Duo' at the ongoing I/O (input/output and 'Innovation in the Open') conference in Mountain View, California. 'Google Assistant' helps one with performing daily tasks like booking movie tickets and 'Google Home' is a voice-activated product that lets users enjoy entertainment, manage everyday tasks and get answers from Google. "It makes it easy to buy movie tickets while on the go, to find that perfect restaurant for your family to grab a quick bite before the movie starts, and then help you navigate to the theater. It's a Google for you, by you," Pichai wrote in a blog post. "The Assistant is an am...
Orahi Launched New Features For Carpooling App
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Orahi Launched New Features For Carpooling App

Orahi, a carpool app provides carpooling service that offers Home-Office-Home for corporate employee only. The new app comes with an enhanced user experience and features things like listing, single click ride, auto fix option, live map, default chat group, women only group and intra company ride. These features are user friendly and define the essence of carpooling. The listing feature allows members to view the profile of other members and make an informed decision whether or not to travel with them. Car owners or passengers can send and respond to requests by swiping left or right. Single click ride option provides the travellers an option to book a ride with frequently travelled co-passengers and car owners at a single click. Auto fix feature allows the members to fix and start t...
Cook Inaugurates Apple Maps Development Office in Hyderabad
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Cook Inaugurates Apple Maps Development Office in Hyderabad

Apple Inc today announced the opening of a new office here that will focus on development of Maps for its products including iPhone, iPad, Mac and Apple Watch. The Californian tech giant said in a statement that this investment will accelerate Maps development and create up to 4,000 jobs. The company, however, did not disclose the quantum of investment that it intends to invest on the facility. "We are thrilled to open this new office in Hyderabad which will focus on Maps development," Cook said. "The talent here in the local area is incredible and we are looking forward to expanding our relationships and introducing more universities and partners to our platforms as we scale our operations," he said. Apple has been continually updating and adding new features to Maps includ...
Yatra Partners Taxi Aggregators to Offer Cab Service
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Yatra Partners Taxi Aggregators to Offer Cab Service

Online travel solutions provider Yatra.com has joined hands with various taxi aggregators to offer cab services in 450 cities across the country, through its mob app. Under the collaboration, the customers can choose from a large range of cars including hatchbacks, sedans, SUV/MUVs and vans. They can take a cab for one-way, round-trip and multi-city trips, Yatra.com said in a release. "The company has built technology to simultaneously showcase the offerings of multiple cab aggregators, allowing the traveller the freedom to choose from a variety of service and price options. "At launch, we have aggregators offering both intra-city hourly cabs and inter-city taxi services," Yatra.com co-founder and Chief Information Officer Manish Amin said. Going forward, Yatra will be also tying u...
Logistics Solutions Provider Rivigo Eyes on 3000 Truck Fleet
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Logistics Solutions Provider Rivigo Eyes on 3000 Truck Fleet

Eyeing a larger market share, logistics solutions provider Rivigo is banking on drivers relay system for faster delivery of goods and is looking to take its trucking fleet to 3,000 this fiscal. The firm, which has a fleet of 800 trucks, claims that based on its innovative drivers relay system, truck loads are delivered to Chennai from Delhi in two days instead of conventional eight days. "Logistics is one of the largest industries -- more than USD 100-billion size -- and there is enough to do in this market... we started working on the Driver Relay Model wherein we change over the drivers after every few hundred kms... This improves the turnaround time and service levels," Rivigo CEO Deepak Garg said in a statement. Garg, who is an alumnus of IIT Kanpur and IIM Lucknow, is a f...
Apple Announced D&D Accelerator Center in Bengaluru, Zomato Founder said Excellent Opportunity
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Apple Announced D&D Accelerator Center in Bengaluru, Zomato Founder said Excellent Opportunity

Tech giant Apple on Wednesday announced a new initiative to support engineering talent and accelerate growth in India's iOS developer community. Apple CEO Tim Cook, who landed in India late on Tuesday said the company would establish a Design and Development Accelerator in Bengaluru, the home of India's startup scene. Tens of thousands of developers in India make apps for iOS, the world's most powerful mobile operating system and the foundation for iPhone, iPad and iPod touch. This initiative will provide additional, specialised support for them. Apple's team will work to inspire and instruct developers on best practices, help them hone their skills and transform the design, quality and performance of their apps on the iOS platform. "India is home to one of the most vibrant and e...
Major American Newspaper Media Outsource Its IT Services To India
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Major American Newspaper Media Outsource Its IT Services To India

A major American media company which owns prestigious dailies like Los Angeles Times and Chicago Tribune will outsource a part of its IT component to Indian software giant TCS, according to a media report. Chicago-based Tribune Publishing Company said it has informed its IT employees last month that it is moving work to India-based IT company Tata Consultancy Services (TCS), a news report in Computer World said yesterday. However, it did not say the number of employees would be hit by such a move. "IT employees at Tribune Publishing say they received warning of the outsourcing late last year. In April, they were told that over an 18-month period, Tribune would be moving to information technology outsourcing across its business, according to employees contacted," the report said. ...
Tatas E-commerce Platform CliQ to Go Live on May 27
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Tatas E-commerce Platform CliQ to Go Live on May 27

Tata Unistore, a Tata group business venture, today announced that its e-commerce platform, Tata CLiQ, will open to consumers from May 27 across its website, mobile site and mobile apps. At the launch, Tata CLiQ will offer consumers a new shopping experience in apparel, electronics and footwear categories. Over the next few months, the plan is to expand the offering by adding many more categories, brands and exciting features, Tata Unistore said in a statement here. Over the past few years, e-commerce in India has been growing at a faster rate than brick-and-mortar retail. Ads by ZINC. According to a Goldman Sachs report released last year, the e-commerce market will account for 2.5 per cent of India's gross domestic product by 2030, growing 15 times and reaching USD 300 billion....
OYO Enters North-East, Offers 250 Rooms in Gangtok, Darjeeling
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OYO Enters North-East, Offers 250 Rooms in Gangtok, Darjeeling

Online aggregator of branded hotels OYO Rooms has expanded its presence in the north-east by offering more than 250 standardised rooms in Gangtok and Darjeeling. "We have made significant investments to expand our presence in key tourist destinations in the north-east like Gangtok and Darjeeling. Our teams have worked very hard to deliver OYOs level of standardisation of guest experience in the hotels...," OYO Rooms Founder and CEO Ritesh Agarwal said in a statement. "The hospitality sector is still underdeveloped in the north-east and we are certain that the introduction of OYOs standardised affordable stays will attract more tourists," he added. The company now offers more than 250 standardised rooms at rates as low as Rs 999 per night in Gangtok and Darjeeling for and premium rooms...
IRCTC Giving 50 Percent Cash Back on Food, To Boost e-Catering
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IRCTC Giving 50 Percent Cash Back on Food, To Boost e-Catering

Indian Railway Catering and Tourism Corporation (IRCTC) has launched a new scheme that provides 50 percent cash back offer on pre-paid orders having a minimum value of Rs 300, a move set to further boost its e-catering facility. The facility has become available on IRCTCs e-catering website since May 13, said IRCTC CMD AK Manocha. The cash back offer is valid only for meals booked through IRCTC and having a value of more than Rs 300 in a single order. Manocha said such a move would give a major fillip to e-catering operations of IRCTC. "IRCTCs e-catering facility, which has broad-based the culinary choices in a significant manner, is now turning out to be a big hit with rail passengers. The 50 per cent cash back offer will further induce passengers to patronise our e-catering facility...