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5Mar By AdityaNo Comments

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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 ...

Now Recharge Your Delhi Metro Card Using Paytm!

4Mar By RishabhNo Comments

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Now Recharge Your Delhi Metro Card Using Paytm!

The next time you’re taking a ride in Delhi Metro, and run out of credits in your metro card, use Paytm to recharge! Now ride in Delhi Metro hustle free and without the tension of getting your time killed in the long queues for recharging your metro card. It’s time to shun the long queues at Delhi Metro Rail Corporation(DMRC) ticket counters. Now, Delhi Metro travelers will be able to recharge their metro cards via Paytm on the go! (more…)

OLA and Uber Launched Bike Taxi Services in Bengaluru

3Mar By AnkitaNo Comments

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OLA and Uber Launched Bike Taxi Services in Bengaluru

Taxi service providers in India, Ola and Uber have launched Bike Taxi services in Bengaluru on the same day. The minimum fare of UberMoto starting at Rs. 15 and Rs. 30 for Ola Bikes. Starting fare of Ola bikes are Rs. 2 per km and Re. 1 per minute of trip time. While UberMoto price will be Rs. 3 per kilometre, and Rs. 1 per minute of trip time. Uber India President Amit Jain said, "We are very excited to pilot uberMOTO in Bengaluru pairing our on-demand technology platform with motorbikes, the predominant mode of transport in India". Uber said that it offers GPS tracking, 2-way feedback, and the ability to share trip details with family and friends. It is also taking registrations from people who own motorbikes and scooters to become drivers on the platform and recoup the costs o...

3Mar By PriyankaNo Comments

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Uber Launched It's Service in Pakistan

Taxi Aggregator Platform Uber has launched its service in Pakistan. Uber will start operating from tomorrow in Lahore. Commuters now will be able to use Uber as their ride to work, hangout or anywhere they want in Lahore. The service is already open for sign-ups and their app now has Pakistan listed in it. Further more, Uber also introduced an option for cash payments for anyone signing up from Pakistan — so anyone without a credit card can also sign up now. Uber app is available for download for the following mobile platforms: iOS, Android, Blackberry 7 and Windows. So here are some important details after the jump that you might be interested in about Uber. Uber set Standard Pricing for the rides. Uber Base Fare will starts from Rs. 100 and Cancellation fee would be Rs. 150. Mi...

Indian Railways Website Allegedly Hacked By Al-Qaida

2Mar By NitishNo Comments

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Indian Railways Website Allegedly Hacked By Al-Qaida

IANS- Terror outfit al-Qaida on Tuesday allegedly hacked a microsite of the Indian Railways' Railnet page. The hacked page of Bhusawal division of Personnel Department of the Central Railway and part of a large intranet created for the department's administrative needs, was replaced by a message purportedly from Maulana Aasim Umar, al-Qaida chief in south Asia, to all Indian Muslims. "Why is there no storm in your ocean? A message for Muslims of India from Maulana Aasim Umar (May Allah protect him)," read the message. An attached 11-page document on the hacked page read: "Will the land of Delhi not give birth to a Shah Muhadith Delhvi who may once again teach the Muslims of India the forgotten lesson of Jihad and inspire them to take to the battlefields of Jihad?" "Is there no ...

Ola Shuts Down Its Grocery and Food Delivery Services

2Mar By PriyankaNo Comments

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Ola Shuts Down Its Grocery and Food Delivery Services

New Delhi/Bengaluru: Ola, India’s largest taxi-hailing service will shut down its grocery (Ola Store) and food delivery services (Ola Cafe). As per report the company slows expansion plans and struggles to build customer demand for the business units and huge delivery costs is the main reason behind this move. “It (grocery) is not a profitable business and has huge delivery costs,” said one of the two people cited above, requesting anonymity. While Ola Store currently operates in Bengaluru, Hyderabad and Gurgaon, Ola offers its food delivery services in Mumbai, Bengaluru, Hyderabad and Delhi. Investors have poured more than Rs.800 crore into online grocers and delivery firms over the past two years.The food and groceries market in India, which is estimated to touch $480 billion in 2...

#Budget2016 Key Highlights For Startup Ecosystem

2Mar By No Comments

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#Budget2016 Key Highlights For Startup Ecosystem

The third budget of Mr. Jaitely under the BJP led government has great offerings for the Startup world. Start-up India, Stand-Up India’ plan is most visible campaign of Prime Minister Narendra Modi’s Government which will boost jobs and investments in India. The campaign promotes & encourage entrepreneurs to start new firms that are not inspired by traditional businesses, is capable of generating jobs, and build an economy driven by technology and science. We spoke to Jaspal Singh co-founder of TaxZippy.com, India's largest Income tax filing site and he felt that this budget had a focus on startups as they are growing industry and help boom the economy. He also added that the budget has reinstated a positive push to the startup ecosystem. Here are the pointers placed by him. &nbs...

Indian Govt. Asks Google To Choose Telecom Partner For Loon Project

1Mar By NitishNo Comments

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Indian Govt. Asks Google To Choose Telecom Partner For Loon Project

The government has asked technology giant Google to select a telecom operator in India for testing its Loon Project, the balloon-based Internet technology. "Google wants to test the Loon Project in expensive and scarce spectrum bands. It has been asked to partner with any telecom operator that can meet its requirement and then approach the government for testing Loon," an official said. "This approach should resolve the spectrum band sought by Google as well as security to some extent," the official added. The Loon Project is a research and development project being developed by Google X with the mission of providing Internet access to the rural and remote areas. The project uses high-altitude balloons placed in the stratosphere at an altitude of about 18 km to create an aerial...

IT, Start-ups Get Less Attention in Budget 2016: Nasscom

1Mar By PriyankaNo Comments

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IT, Start-ups Get Less Attention in Budget 2016: Nasscom

The union budget for 2016-17 was a mixed bag for the Indian IT industry and start-ups, which witnessed very few proposals with caveats, the industry’s apex body Nasscom said. “The budget is a mixed for the technology and services sector, as clarification and simplification boost business and more technology adoption in governance is a step in right direction,” Nasscom said in a statement. “In the backdrop of global economic volatility, there are unmet expectations on policy announcements that enable ease of doing business for our sector. The budget partially covers our wish list on policy bottlenecks, including ease of business, nurturing start-ups, products and e-commerce sector,” Nasscom chairman B.V.R. Mohan Reddy said. On Finance Minister Arun Jaitley’s stress on leveraging techn...

German Court Fined Facebook 100,000 Euros

1Mar By AdityaNo Comments

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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...

1Mar By AnkitaNo Comments

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Google Self-driving Car Hits Public Bus

Technology giant Google has acknowledged that it's self-driving car struck a public bus in California during a test drive. The California-based tech company beared some responsibility for the crash in an official statement. "We clearly bear some responsibility, because if our car hadn't moved, there wouldn't have been a collision. That said, our test driver believed the bus was going to slow or stop to allow us to merge into the traffic, and that there would be sufficient space to do that," Google said in a statement. "From now on, our cars will more deeply understand that buses (and other large vehicles) are less likely to yield to us than other types of vehicles, and we hope to handle situations like this more gracefully in the future," the internet giant further said. The Mo...

Alibaba’s Ma, Tsai to buy back $500 million in shares

29Feb By reutersNo Comments

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Alibaba’s Ma, Tsai to buy back $500 million in shares

Alibaba Group Holding Ltd said on Monday Chairman Jack Ma and Vice Chairman Joe Tsai have agreed to buy back a combined $500 million in company shares, part of a $4 billion stock repurchase scheme announced in August. The buyback comes as the e-commerce firm's shares languish at $66.91, more than a dollar off their IPO price of $68, and as it struggles with slowing growth and a gloomy outlook for the Chinese economy. Sina News reported that Ma and Tsai had signed an agreement to use their private funds to repurchase shares worth $500 million. An Alibaba spokesman confirmed the news but declined to give details. In August, Alibaba announced the $4 billion share repurchase programme which would take place over two years and was aimed at offsetting the impact of its share-based compe...