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Smartphone Sales To Shoot Up To 160 Million By 2017: ASSOCHAM

25Mar By AdityaNo Comments

ANALYSIS

Smartphone Sales To Shoot Up To 160 Million By 2017: ASSOCHAM

The ASSOCHAM has in its study pointed out that sales of smartphones in the country are set to shoot up to 160 million in fiscal year 2017 from 100 million this year on the back of prices becoming affordable for a larger number of people. It said that the in-built camera, other internet-enabled features, coupled with replacement of ordinary phones with the smart devices at a rapid pace were few of the reasons. The sales of smartphone almost doubled from 44 million units in 2013 to 100 million units in 2016 and is expected to touch 160 million units by 2017, the ASSOCHAM is its latest study said. With the smartphones serving the needs of amateur photographers and enthusiasts, the demand for the digital camera sales, however, dropped by more than 35 percent in the past one year. T...

21Mar By AdityaNo Comments

News

Baxi App to Now Work Without Internet

NEW DELHI: Gurgaon-based Baxi will roll out a new feature to help users book rides on the app without using Internet. The bike-taxi hailing app, which offers services in Gurgaon and Faridabad, will make the feature available to its 30,000 users from next week. "All customers that have an Android smartphone without a data connection can now use the new Baxi app. Customers can also use the app even when their Internet connection isn't working," Baxi co-founder and CTO Manu Rana told said. This feature will help the company reach out to a larger number of customers as they will not have to rely on or spend money on data packs. Upon opening the app, the user has to press the BOOK button to get the nearest Baxi. If the app is offline, it uses an SMS to send the user's loc...

Code.org Hacked, Emails and Locations Data of Volunteers Compromised

13Mar By AdityaNo Comments

News

Code.org Hacked, Emails and Locations Data of Volunteers Compromised

An anonymous reader allegedly quoting an email from Code.org, claims that the database of the non-profit organization has been breached: Some personal data was accessed on our web site by a firm exploiting a client-side vulnerability. Your email address and your location, if you provided it, were compromised and may have been read. The exploit was limited to engineers and others who volunteered to help in classrooms. No student or teacher accounts were impacted, nor passwords or additional information. The exploit did not give hackers access to any of our servers. Earlier this week, a volunteer engineer told us he received an unsolicited recruiting email from a technical freelancing firm in Singapore. We determined the firm was able to retrieve the volunteer's private email addr...

10Mar By AdityaNo Comments

INDIA

Indian Employers Can File One Paper For EPF, ESI returns

Taking another step towards ease of doing business, the Centre will on Thursday launch a common registration facility on e-biz portal enabling employers to avoid filing separate Employees' Provident Fund (EPF) and Employees' State Insurance (ESI) returns. The Labour Ministry has decided to integrate the registration process under five Labour Acts with the e-biz portal of the Department of Industrial Policy & Promotion (DIPP). The five acts covered in this process include Employees' Provident Funds and Miscellaneous Provisions Act, 1952, Employees' State Insurance Act, 1948, Contract Labour (Regulation & Abolition) Act, 1970 and Building and Other Construction workers (Regulation of Employment & Conditions of Service) Act, 1996. A unified 'ShramSuvidha Portal', launched on October ...

Jail Authorities in Brazil Treated Me With Respect: Facebook VP

8Mar By AdityaNo Comments

News

Jail Authorities in Brazil Treated Me With Respect: Facebook VP

Facebook vice-president Diego Dzodan, who was arrested due to a dispute over the company's encrypted WhatsApp messaging service for use in a secretive drug trafficking investigation, has said that the Brazilian jail authorities treated him with respect. Dzodan was arrested on Tuesday and was released the next day after an appeals judge overturned a court order to arrest him, Reuters reported. "I was treated with a lot of respect," Dzodan said at a Saturday conference on Latin American business trends organized by students at the Massachusetts Institute of Technology's Sloan School of Management. "The way that information is encrypted from one cell phone to another, there is no information stored that could be handed over to authorities," he said. "We are extremely committed to ...

8Mar By AdityaNo Comments

FUNDING

Home Healthcare Startup, Healers At Home Raises Funding From Daljit Singh (President, Fortis Healthcare) & Others

Delhi-based home health care service startup, Healers At Home, has raised an undisclosed amount of funding from Daljit Singh (President, Fortis Healthcare), Dr. Pramath Raj Sinha (Founder, ISB), BVR Mohan Reddy (Chairman at NASSCOM & Director on the Board of Hyderabad Angels) and a few more angel investors. Founded in June 2014, Healers At Home, provides customers an easy access to affordable yoga & physiotherapy home services. Besides, Delhi-based coworking space provider, 91springboard, also played an integral role in the growth story for the healthcare startup. Speaking on the development, Kshitij Garg, founder of Healers At Home said, “The plan is to become the market leader in the current set of services and introduce nursing in near future.” The startup will use the f...

Ninjacart Raised 20 Crores From Accel Partners To Fight For Farmers

7Mar By AdityaNo Comments

FUNDING

Ninjacart Raised 20 Crores From Accel Partners To Fight For Farmers

BENGALURU: Ninjacart a Bengaluru-based online platform has raised Rs 20 crore in a funding round led by Accel Partners. The Funding round also saw participation from Qualcomm Ventures, Singapore-based M&S Partners and ZopSmart, the parent of online grocer ZopNow.that connects farmers and brands to retailers, has raised Rs 20 crore in a funding round led by Accel Partners. Ninjacart platform connects farmers and brands to retailers, which helps supermarkets and kirana stores to source fresh fruits and vegetables from farmers and brands. Ninjacart will use funding to hire talent, invest in supply chain infrastructure and technology. Thirukumaran Nagarajan, chief executive officer at Ninjacart said "Due to marginal farming, poor logistics and zero market information, a number of m...

6Mar By AdityaNo Comments

CHINA

China Shuts Down 28,000 Websites in National Crackdown

Fifteen million illegal publications were confiscated and 28,000 websites deemed pornographic or featuring other illegal content were shut down in China in 2015. It's not only Chinese websites that are being targeted, China is banning access to certain websites on the internet in the same way that Google currently does to websites they believe to infringe on copyright laws, these include websites like sexfreehd xxx that are pornographic but are still completely legal in the USA and many other countries around the globe, however, China deems them to be inappropriate and have therefore banned access to them on the Chinese internet. The figures were announced by the National Office Against Pornographic and Illegal Publications on Friday, reviewing its achievements. The campaign against...

5Mar By AdityaNo Comments

News

Adcom To Sue Ringing Bells

Domestic feature phone brand Advantage Computers' (Adcom) has said it may consider a legal action against Ringing Bells, the Noida-based start-up, which claimed to manufacture the world's cheapest smartphone. Adcom founder and chairman Sanjeev Bhatia said the manufacturer of Rs. 251 (less than USD 4) smartphone, distributed the Adcom handsets to the media during the launch last month. "We are deeply grieved by this incident where our mobile phone has been presented to masses for Rs.251, and therefore, would not hesitate from taking any legal actions against the company, in case the entire fiasco impacts Adcom's brand name or subsequently we face any other kind of losses," Bhatia said in a statement. "Yes, it is true that although we sold the handsets to Ringing Bells earlier, like we ...

2Mar By AdityaNo Comments

FUNDING

Life For One More Year “Jabong” Raises $20 million Fresh Funding

Jabong, India's one of the leading Fashion ecommerce company has raised additional funds by Global Fashion Group (GFG), so that it can stay afloat for one more year. "The board has agreed to put more than $20 million in Jabong," a person who participated in the meeting held in Luxembourg told ET.GFG was founded in 2011 by Swedish Investment AB Kinnevik and German Rocket Internet SE, and operates ecommerce ventures Dafiti in Latin America, Lamoda in Russia and the CIS, Namshi in the Middle East, Zalora in Southeast Asia and Australia while operating Jabong in India. However, Oliver Samwer, CEO of Rocket Internet and deputy chairman at GFG, was not in favour of continuing in India venture, it was Kinnevik that insisted on staying put, leading to which the board eventually agreed to b...

German Court Fined Facebook 100,000 Euros

1Mar By AdityaNo Comments

News

German Court Fined Facebook 100,000 Euros

A German court has fined a social networking giant Facebook for refusing to follow an order of adequately informing users about how it was using their intellectual property. The court fined Facebook 100,000 euros (USD109,000). A spokesperson for Facebook, however, said that the problem was with the timing rather than the message. "We complied with the order to clarify a single provision in our terms concerning an IP license a while ago. The court felt we did not update our terms quickly enough and has issued a fine, which we will pay," a Facebook spokesperson said. The Berlin regional court ruled that Facebook had not adequately changed the wording of a clause on intellectual property in its terms and conditions after a complaint was filed by the Federation of German Consumer O...

28Feb By AdityaNo Comments

INDIA

Indian Government Allows Third Party Certification For Ease of Doing Business

New Delhi: A Department of Industrial Policy and Promotion (DIPP) committee has advised credible third party certification in most areas of government regulation to further facilitate ease of doing business in the country. The committee, which was headed by former DIPP secretary Ajay Shankar realeased a full page report and said once government allows third party certification, multiple players could emerge within a year’s time. As a deterrent, however, the committee suggested that some percentage of such certification should be subjected to random audit with stiff penalties leading up to even withdrawal of accreditation for laxity. The committee was set up in April 2015 to examine the possibility of replacing multiple prior permissions with pre-existing regulatory mechanism and to p...