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17Sep By AnkitaNo Comments

News

Airtel Gets Payment From Jio For New PoIs; Start Joint Testing Now

Bharti Airtel, which has been engaged in an inter-connectivity tiff with Reliance Jio, today said it has received payment from the new entrant for additional points of interconnect, and sought Jio's cooperation for timely testing and commissioning of the network ports. Airtel said while interconnect agreement provides for a commissioning period of 90 days, the company will work towards releasing the points of interconnect or PoIs "well ahead" of the contractual obligation. The telecom operator said it has ensured there are no capacity constraints from its end. "We hope Jio will extend its full cooperation to ensure timely testing and commissioning of the PoIs," it said in a statement. Airtel released `demand notes for the additional PoIs on September 14 itself, the statement said ...

OneTrust Acquires Uk Based Data Privacy Compliance Service Optanon

14Sep By AnkitaNo Comments

ACQUISITION

OneTrust Acquires Uk Based Data Privacy Compliance Service Optanon

OneTrust, the leading software platform designed to operationalize data privacy compliance and Privacy by Design, is pleased to announce its acquisition of U.K.-based data privacy compliance service, Optanon. "The acquisition of Optanon uniquely positions OneTrust to serve the needs of enterprise customers around the world with our rapidly expanding global presence and broad solution set," said OneTrust CEO, Kabir Barday. Optanon's software-based solutions are used by organizations globally for website auditing, EU E-Privacy Cookie Compliance, and GDPR readiness. "In today's complex data privacy regulatory environment, it is critical for organizations to select a partner like Optanon with a strong commitment to global growth and a comprehensive product offering to simplify privacy pro...

BankBazaar.com Launches e-KYC Platform For Loan Approvals

13Sep By AnkitaNo Comments

News

BankBazaar.com Launches e-KYC Platform For Loan Approvals

Financial marketplace BankBazaar.com today said it has launched a multi-brand paperless e-KYC platform for instant loan approvals. This eliminates the need for physical document submission for loan approvals through the companys online platform, BankBazaar.com said in a statement. This would be available for personal and car loans. "We, along with our partners, have been working towards this moment where we take the loan application process completely online and paperless," BankBazaar.com CEO Adhil Shetty said. This step promises to increase customer satisfaction and decrease operational costs for the banks, he added. This would also reduce the loan sanction time to as little as one business day, it said.

Facebook Launches Tools to Help Businesses Expand Internationally

11Sep By AnkitaNo Comments

News

Facebook Launches Tools to Help Businesses Expand Internationally

Social networking giant Facebook has announced the launch of new tools to help businesses go global. As per the new tools launched, there are three new solutions to help businesses expand internationally, which include finding new customers in new countries, under which businesses can now use a new feature in the lookalike audiences tool to reach customers in new countries who are similar to their existing ones. They can do this by uploading a list of existing customers or high-potential leads. Secondly, finding new countries to grow your business. Under which any business who wants to increase installs of app, increase engagement in app or increase conversion on site can now target people worldwide or in a specific region. Facebook will then deliver ads to selected regions and then opt...

10Sep By AnkitaNo Comments

News

Pokemon Can’t Survive in India

Pokemon Go - the game, is trending amongst youth all over the country and is catching more attention because of its outdoor playing feature replacing indoor alternatives like PS3, video games. The virtual game drives youth to go to multiple locations and play in natural surroundings; the basic idea is to catch the pokemon that arrive on screen. Do you know, every time one steps out to catch a pokemon, chances of catching a Pikachu is 10 times lower than getting killed due to air pollution? In its latest video, 'Hawa Badlo' comes up with a hilarious depiction of a Pokemon character which becomes real and comes to India. The video starts with a girl playing with her pokemon and happily chasing him on the roads. Suddenly the pokemon is spotted struggling with his breath while running on...

TCS is Leader in Software Testing Services: Report

9Sep By AnkitaNo Comments

ANALYSIS

TCS is Leader in Software Testing Services: Report

Indias IT major Tata Consultancy Services (TCS) has been recognised as a leader among 24 companies in all categories of software testing services, according to a research-based report. The NelsonHall Vendor Evaluation and Assessment (NEAT) report 2016, analysed and indicated the overall performance of leading global vendors offering software testing services. NelsonHall evaluated 24 companies for NEAT based on various parameters. TCS was recognised as a leader in all the categories, namely Overall, Efficiency, Consulting, Transformation and Digital Focus. In the NEAT profile, TCS was acknowledged for its strong progress in go-to-market strategy, comprehensive testing service portfolio and a solid positioning in digital and mobile testing. TCS leadership in platform-based ser...

Just Jobs Launches a Unique Job Portal Designed for Blue Collar Sector

8Sep By AnkitaNo Comments

News

Just Jobs Launches a Unique Job Portal Designed for Blue Collar Sector

Just Jobs is on a mission to empower the unserved informal sector of India by connecting skill with opportunity. Just Jobs is excited to announce the launch of its one-of-a-kind, fully-featured job portal, Just.Jobs, exclusively designed for entry-level jobs sector. Just Jobs is an innovative staffing startup that connects blue collar job seekers with employers from both households and small-to-medium sized businesses offering job opportunities. Just Jobs, India's most economical, reliable and completely ad-free online job board for blue collar jobs, is in line with the Indian Government's vision of 'Digital India', 'Skill India' and 'Make in India' ventures. It is committed to serve as a neutral facilitator to empower employers and the job seekers connect easily to meet their respective...

SMEs Raise 185 Crore Through IPOs in FY17

7Sep By AnkitaNo Comments

BUSINESS

SMEs Raise 185 Crore Through IPOs in FY17

Riding on upbeat market sentiment, as many as 23 small and medium enterprises (SMEs) got listed on capital markets with initial public offerings worth Rs 185 crore in the current fiscal. In comparison, 44 SMEs raised a total of Rs 290 crore in the entire last financial year (2015-16). "Indian primary market has witnessed spectacular revival in last few months, which is not limited to large IPOs like Mahanagar Gas or Quess Corp. Public share sales of smaller companies on the dedicated SME boards of stock exchanges, too, have been on a hot streak," Pantomath Group Managing Director Mahavir Lunawat said. A total of 23 firms made debut on the SME platform in 2016-17 so far, while a total of 28 companies filed their draft prospectus in the past fiscal to raise funds through an initial publ...

6Sep By AnkitaNo Comments

FUNDING

Lenskart Raises Funding From Wipro’s Investment Firm Premji Invest

Three months after its Rs 400-crore funding, Lenskart has raised an undisclosed amount from Premji Invest, the investment office of Wipro chief Azim Premji. The move will help the online eyewear retailer gain from Premji Invests extensive experience across retail brands, Lenskart CEO and Founder Peyush Bansal said. "It will also help us in our road map go public in the next 4-5 years," he added. Bansal said Premji has a lot of experience on the retail front investing in companies like FabIndia that Lenskart is looking to tap into. Previously, the Ratan Tata-backed company has raised about Rs 714 crore from investors like IFC (venture capital arm of the World Bank), TPG Growth, IDG Ventures, Unilazer Ventures and Adveq. "With this collaboration, the company will be ...

PropTiger Acquires PropRates, Adds Advanced Data Collation Tool to Offerings

5Sep By AnkitaNo Comments

ACQUISITION

PropTiger Acquires PropRates, Adds Advanced Data Collation Tool to Offerings

Online real estate advisor PropTiger.com announced the acqui-hire of Mumbai-based start-up PropRates, a pioneer in data collation tools which gathers actual real estate transaction data. With this acquisition, PropTiger aims to provide consumers real-time access to price related information on the property market. The latest acquisition comes close on the heels of the company's acquisition of Gurgaon-based 3DPhy earlier in August, which was aimed at extending its lead in 3D visualisation and other technology solutions. Commenting on the development, Dhruv Agarwala, CEO, PropTiger.com and makaan.com, said: "With this acquisition, PropTiger will be able to augment its existing DataLabs offerings. The advanced data collation tool developed by PropRates will enable users to make m...

This is How Mukesh Ambani’s Reliance Jio Will Make Money

4Sep By AnkitaNo Comments

Story

This is How Mukesh Ambani’s Reliance Jio Will Make Money

16th July 2016: The Indian Telecom Market - Basic Facts There are 100 crores of mobile users in India (1 billion). This means 80% of India is connected to mobile phones (voice calling) However, only 34% of India’s population is connected to the internet. Among those using mobile phones, only 10% use 3G data or above. If you were a telecom company, you would realize that there isn’t going to be a lot of movement in voice now. This is because almost all people have mobile phones. The next big challenge is the internet. Future lies in using data on your mobile phones. Hence, the smartest move now is to invest in building your infrastructure for the future. Here is why nothing else matters - When you have data, you don’t care about messaging. Who really uses SMS after the ...

4Sep By AnkitaNo Comments

INDIA

There Should be One Policy For Retail Business and E-commerce, Says Amitabh Kant

(Pic Source: Gaurav Munjal, Unacademy co-founder Facebook profile) India is the only country where there are different policies for different segments of the retail business and e-commerce. Logically, there should be one policy, said Amitabh Kant, CEO, NITI Aayog, while interacting with CEOs at the Valedictory Session of the sixth edition of Massmerize 2016, FICCI’s annual flagship Retail, FMCG and E-Commerce Convention. He said that in today’s globalized world, it has become essential for India to become a part of the global supply chain. For this, India has opened up its economy and liberalized the FDI regime. Now India features as the number one nation in attracting FDI, which has given the country access to latest technology, global best practices and global innovations. Kant ...