95 Mobile Companies Set Up Plants In India: IT Minister
Law and IT Minister Ravi Shankar Prasad said that 95 mobile manufacturing companies have set up their plants under the new government.
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Indian Government Will Launch Policies To Become USD 1 Trillion Digital Economy
The government will come out with three new policies, including electronics manufacturing and data protection, as part of its efforts to make India a USD 1 trillion digital economy in a few years. Speaking after a two-and-a-half hour meeting with Indian tech industry captains, IT Minister Ravi Shankar Prasad today exuded confidence that India is […]
Infosys Will Hire 20,000 People, Fired Only 400 People This Year
IT services major Infosys today said it will hire 20,000 people this year as against only 400 people being asked to leave on performance grounds and termed reports of large-scale job losses as “overstated”. Infosys COO UB Pravin Rao said the technology-driven transformation presents new opportunities for companies like Infosys. “With respect to all the […]
Indians Make 50 Million Per Minute Whatsapp Video Calls Daily
Indians make 50 million minutes of video calls daily via WhatsApp, the highest compared to users in any other part of the globe. WhatsApp, a popular messaging app that competes with the likes of Hike, Googles Allo and Viber in India, started offering video calling feature in November last year. The video calling feature also […]
Indian Government Propose New Manufacturing Scheme To Apple
The government wants iPhone maker Apple to consider a new manufacturing scheme offering duty benefits to set up its plants in the country. “Apple had asked for a set of concessions. For a period of 15 years all the components that Apple imports, they want them to be free of duty. We have a phased […]
Woman Entrepreneur Writes to PM Modi Against Stayzilla Fraud
The woman proprietor of Chennai-based advertising Jigsaw Solutions, which was allegedly defrauded of Rs 1.69 crore by Stayzilla, today urged Prime Minister Narendra Modi and his government to address issues of funding and transparent business models at the earliest. Radha Shekhar, in a letter to Modi, said this was needed to avoid any suffering women […]
Indian Government Approves Merger of 5 Associate Banks With SBI
The Cabinet today gave go-ahead to the merger of State Bank of India (SBI) and its associate lenders that would make the state-owned lender a global-sized bank. India’s largest lender SBI had last month mooted the proposal for merger of its five subsidiary banks with itself and acquisition of the newly set up Bharatiya Mahila […]
Sundar Pichai Announced Google Digital Unloack Initiatives For Small, Medium Business
Technology giant Google today announced a slew of initiatives, including a new app Primer and training modules under its My Business offering, as it looks to further tap the 51-million strong small and medium businesses (SMB) market in India. Making the announcements, Google’s India-born CEO Sundar Pichai said the company is working on products for […]
Indian Govt Will Release Aadhaar Linked e-payments App Soon
Government will soon launch a mobile application to facilitate Aadhaar-linked digital payments and roll out a nation-wide programme to train over 1 crore people on e-payments. “We are going to promote Aadhaar-enabled payment system (AEPS) in coordination with Finance Ministry. About 40 crore bank accounts have been linked to Aadhaar,” IT and Law Minister Ravi […]
Now, Access Driving Licence on Your Mobile Using DigiLocker
Citizens will now be spared from the hassle of carrying physical driving licences and vehicle registration certificates (RCs), which can be accessed online or on their mobile phones using DigiLocker. Launching the integration of DigiLocker with the Driving Licence and Vehicle Registration system of the ministry of road transport and highways today, Union minister Nitin […]
LeEco Like Xiaomi Will Assemble smartphones in India, Invests $7 Million
Joining peers such as Xiaomi, Vivo and Gionee, Chinese handset maker LeEco will assemble its smartphones in India, investing Rs 50 crore in the facility. Set up in partnership with Compal Electronics, the facility in Greater Noida will have an initial capacity of 60,000 units a month. This will be ramped up to 2,00,000 by […]
Indian Govt Plans to Launch Postal Payments Bank By September
Union Minister Ravi Shankar Prasad today said the Centre plans to launch Postal Payments Bank in September with the aim to make it the world’s largest bank. “I had plans to launch the proposed Postal Payments Bank, which can be described as moving ATM, in next three years but when the proposal was taken up […]