India is expected to remain one of the fastest growing emerging markets with real GDP growth averaging 6.5 per cent over the next five fiscals, though bureaucratic inefficiencies will continue to cap the countrys growth potential, says a report. According to a report by BMI Research, a Fitch Group company, while India’s ease of doing […]
Apple iPhone X is here and rival Samsung, like every other times has mocked the iPhone in its latest ad. One might wonder, beside being a key supplier for iPhone X’s OLED display is this something Samsung would do? Well see for yourself! Titled ‘Growing Up’, the ad unveils Samsung Note 8 taking up […]
China based Fosun International has led a $10 million round of funding in Mumbai-based Kissht, an online lending startup owned by OnEMi Technology Solutions Pvt Ltd. The round, which was closed last week also saw participation from Kissht’s existing backers, early-stage venture capital firms, Ventureast and Endiya Partners, according to the sources cited by Economic Times. The fresh equity funds […]
Apple Inc won accolades from privacy experts in September for assuring that facial data used to unlock its new iPhone X would be securely stored on the phone itself. But Apple’s privacy promises do not extend to the thousands of app developers who will gain access to facial data in order to build entertainment features […]
The central government’s Startup India scheme will give a new dimension to entrepreneurship in the country wherein youngsters will be encouraged to become job givers rather than job seekers, Jammu and Kashmir minister Priya Sethi has said. Speaking at the Central University of Jammu on Jammu Kashmir Future Talks yesterday, the state education and tourism […]
Merely two weeks after Snapdeal CFO Anup Vikal’s exit, its Chief Technical Officer Rajiv Mangla quits the online retailer, a company spokesperson confirmed on Saturday. Rajiv Mangla is said to have resigned from his post on Friday, October 27; and will be transiting out of his role by 15 December. “Rajiv has played a key role […]
South Korean technology major Samsung will introduce the second edition of its voice- powered digital assistant Bixby next year that will work on multiple devices, including television and refrigerator, a top company official said today. This will help the global smartphone leader further strengthen its position against companies like Google, Apple and Amazon that also […]
Within eight months of joining Zomato’s cloud based point-of-sale system, Zomato Base, its President Samir Kuckreja has stepped down from his post. The news was first reported by The Economics Times. Samir’s exit comes after a month of Deepak Gulati’s resignation, who was working as the Chief Operating Office of online restaurant discovering and food ordering […]
Mumbai based RAW Pressery, run by Rakyan Beverages Pvt Ltd that provides cold pressed juices, has raised $6 million funding from its existing investors. The round saw participation from VC Firms- DSG Consumer Partners, Sequoia Capital and Saama Capital. The four year old startup had earlier raised $4.5 million in a Series B round from Saama Capital, DSG […]
Telecom regulator Trai today recommended 40 per cent carbon emission reduction in telecom network by 2022-23 with base year being 2011-12. The regulator has also suggested that the government should pass all the benefits granted under various schemes for using renewable energy technologies to telecom operators. “The target for reduction in carbon emission be set […]
The internet has gone crazy about Nirmalya Kumar’s latest blog post about how Cyrus Mistry was fired as Tata’s Chairman. Nirmalya Kumar, Former Group Executive Council member at Tata Sons has revealed a sequence of events on 24 October 2016, the day when Cyrus Mistry was relieved from his services. Nirmalya Kumar was hired by Cyrus to […]
Chris Lane thinks investors haven’t realised what Masayoshi Son is trying to do at SoftBank Group Corp. The Sanford C. Bernstein analyst just initiated coverage of the Japanese company with an “outperform” rating and a forecast that shares could rally 36% over the next year. Investors still see SoftBank as primarily a telecommunications company, he […]