Tuesday, May 7

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Jana to Launch Internet Browser With Free Data Service in India
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Jana to Launch Internet Browser With Free Data Service in India

Mobile advertising company Jana will launch tomorrow an internet browser for Android users that will enable consumers to surf the web by offsetting mobile data costs. The company plans to invest over USD 90 million in India and other emerging markets to strengthen its customer base. "We have raised nearly USD 92 million which we will be putting into both in India and other emerging markets, but India is our largest market," Jana co-founder and CEO Nathan Eagle told Pixr8 here. A user of the browser, mCent, would initially get a data refund of up to 10 MB per day and 70 MB per week and will also be provided with unrestricted internet access to online content. mCent, which will compete with the likes of UC browser and Opera mini, is an ad-sponsored model through which advertisers wo...
Oppo Becomes New Sponsor of Indian Cricket, Replaces Star India
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Oppo Becomes New Sponsor of Indian Cricket, Replaces Star India

Mobile manufacturing company OPPO today became the new sponsor of the Indian cricket team, replacing broadcasting giants Star India. The deal was about 1079 crore for 5 years. Oppo will pay Rs 4.61 crore per bilateral match and Rs 1.56 crore for an ICC event match, while STAR India paid Rs 1.92 crore per bilateral match and Rs 61 lakh for an ICC match. "The Board of Control for Cricket in India (BCCI) is pleased to announce OPPO Mobiles India Private Limited as the new team sponsor for the Indian Cricket Team," the BCCI said in a statement. "The mobile manufacturing giant OPPO's association with BCCI will start from April 2017 for a period of five years," it added. Star India had made it clear that it would not seek a renewal of its sponsorship deal, which was to end next month...
Google India Announces Launch of SMB Heroes Programme
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Google India Announces Launch of SMB Heroes Programme

After launching Digital Unlocked, a training programme to help small and medium businesses (SMBs) go digital, Google India today announced the launch of SMB Heroes, a nation-wide programme designed to recognise SMBs that have embraced digital platform to grow their business. A nation-wide programme SMB Heroes will comprise three categories -- Business Innovation through Digital, Impacting Change through Digital and Woman Business Leader, Kevin OKane, Managing Director, Google Marketing Solutions- Asia Pacific, told reporters here. Google today launched Digital Unlocked programme here. Since its launch in January this year, Google has hosted Digital Unlocked workshops in five cities across the country and trained over 4,000 businesses across the offline and online training. Startin...
Tech Mahindra Set Up Future Lab in Bengaluru For AI, AR and Manufacturing Design
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Tech Mahindra Set Up Future Lab in Bengaluru For AI, AR and Manufacturing Design

Tech Mahindra today announced that it has set up a "state-of-the-art" lab at its campus here, which works on technologies that are expected to power the future factory floors. Known as the "Factory of the Future" lab, the new centre showcases assets and solutions in the areas of Digital Manufacturing, Connected Machines, Addictive Manufacturing, Robotics & Automation, Artificial Intelligence & Analytics, and Augmented Reality & Virtual Reality, the company said in a statement here. It also said the lab will demonstrate solutions and products built in association with many leading software and hardware vendors, adding that it is built in modular form to showcase Industry 4.0 concepts that are central to be able to help building the digital backbone of client organisations. It makes ...
HDFC Bank Launches Chatbot Eva For Customer Services
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HDFC Bank Launches Chatbot Eva For Customer Services

HDFC Bank announced the launch of an electronic virtual assistant (EVA), an artificial intelligence-driven chatbot, for customer services. Eva is India's first AI-based banking chatbot and can answer millions of customer queries across multiple channels instantly, HDFC Bank said in a statement. Eva can assimilate knowledge from thousands of sources and provide answers in simple language in less than 0.4 seconds, it said. "Within the first few days of its launch, Eva has answered over 1 lakh queries from thousands of customers from 17 countries across the globe," it claimed. With the launch of Eva, it said, bank's customers can get information on its products and services instantaneously and it also becomes smarter as it learns through its customer interactions. Going forward, E...
Google India Inks MoU with Telangana Government
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Google India Inks MoU with Telangana Government

Google India and Telangana government have signed a Memorandum of Understanding (MoU) aimed at supporting the digitisation efforts of the state. Google India will provide Google Cloud credits and access to all cloud platform products to eligible startups engaged with Telangana government's T-Hub initiative and through its Developer Relations team provide technical mentorship and advisory support to various startups, a release issued by the government said here today. The MoU was signed yesterday in the presence of Telangana Minister for IT and Industries K T Rama Rao and Google India representatives, it said. Other initiatives as a part of the agreement include, making all government websites mobile friendly and introduce programmes to help local small and medium businesses go online a...
LeEco Says Not Exiting India But Confirms 85% Layoffs
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LeEco Says Not Exiting India But Confirms 85% Layoffs

Chinese handset maker LeEco today refuted reports of winding up its India operations but admitted that it has undertaken an "optimisation exercise" in the world's second largest smartphone market. "India is one of the most strategic markets for LeEco and hence no exit plan... (the company) has recalibrated and reimagined its business in India since last year and taken a number of steps to ensure that the scale of operations is in sync with resources," LeEco India said in a statement. Reports said the company has laid off 85 per cent of its staff in India and may shut its operations here. Top executives Atul Jain (COO smart electronics business) and Debashish Ghosh (COO Internet applications, services and content) have also reportedly quit. "As LeEco India transits to a more...
Uber Admit To Use Its Secret Software Greyball To Deceive Local Authorities
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Uber Admit To Use Its Secret Software Greyball To Deceive Local Authorities

Uber has acknowledged the use of a secret software program to steer drivers away from trouble, including sting operations by local authorities to catch law-breakers. In the latest in a streak of damaging news for the ridesharing giant, Uber came forward about its "Greyball" software yesterday after a New York Times report which said the program aimed to deceive authorities in markets around the world. According to an Uber statement, the tool was used in cities where it was not banned from operating, and the main intent was to protect drivers from disruption by competitors using the smartphone application to interfere instead of summon legitimate rides. "This program denies ride requests to fraudulent users who are violating our terms of service," an Uber spokesperson said in an...
Forget 4G, Now 5G technology Adoption to Begin in India This year
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Forget 4G, Now 5G technology Adoption to Begin in India This year

Indian telecom operators will start adopting 5G technology, which in present form can deliver up to 1000 mbps download speed, from this year, Huawei India CEO Jay Chen said today. "I can tell you massive MIMO (Multiple In Multiple Out) technology (part of 5G technology) will go to India this year. We have had discussions with leading telecom operators who are interested and right now it is only available with Huawei for commercial deployment," Chen told Pixr8 in an interview. He added that a wide-scale commercial deployment of 5G is expected to start in India in the next three years. "We even discussed 5G solution for business to business, business to consumer and business to home services with Bharti Airtel Chairman Sunil Bharti Mittal. He was very impressed with it," Chen said. ...
San Francisco University Lays Off Its IT Workers, Outsourced Their Work To India
News, USA

San Francisco University Lays Off Its IT Workers, Outsourced Their Work To India

San Francisco: The University of California, San Francisco on Tuesday laid off 49 information technology (IT) employees and outsourced their work to a company based in India, ending a year-long process that has brought the public university under fire. The university announced the plan last July as a way to save $30 million over five years. The University of California system, which includes health care and research-focused UCSF, has been struggling to raise revenue and cut expenses. Globalization and outsourcing have become hot-button political issues in the United States, as more employers cut costs by farming out work to low-cost workers in far-flung parts of the world. President Donald Trump campaigned on promises to restore lost U.S. jobs and to penalize companies that move fact...
LIC Follows Digital India Path, Agents Will Get PoS Machine For Premium Collection
INDIA, News

LIC Follows Digital India Path, Agents Will Get PoS Machine For Premium Collection

In a big push to digital payment drive, LIC is planning to provide Point of Sale (PoS) machines to its lakhs of agents who collect around Rs 1.5 lakh crore premium annually. "As part of the strategy for the less cash economy, LIC is also gearing up for providing PoS machines to its few lakhs active agents initially so that premium collection can be done in digitally," a senior official said. The state-owned insurance behemoth is also looking at initiating Aadhaar-linked digital transactions, the official said, adding that this will help policy holders in the rural areas to avoid payment of premium in cash and cash handling burden of agents would come down significantly. To begin with, LIC plans to provide PoS machines to about 1.5 lakh agents that would be ramped up in the future,...
Hyperloop One and Indian Government Officials Lead First-Ever Summit on Hyperloop Technologies
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Hyperloop One and Indian Government Officials Lead First-Ever Summit on Hyperloop Technologies

Hyperloop One, the global leader in developing the world's first operational Hyperloop, convened a landmark innovation summit – The Hyperloop One Vision For India in New Delhi today. The summit, which was graced by Shri Suresh Prabhu, Hon'ble Minister of Railways and Shri Amitabh Kant, CEO, NITI Aayog, discussed how Hyperloop One can integrate with and augment India's vast transport network with reliable, clean, and on-demand autonomous transport, connecting India's major cities at faster-than-airline speeds.  Hyperloop can reinvent and transform transportation in India, making the nation a global leader in innovation, efficiency, and regional economic growth. The Hyperloop concept has generated excitement and interest from start-ups around the world since it was first proposed in 20...