Sunday, June 23

Tag: India

Microsoft in talks to acquire TikTok, Trump considers ”banning” app in US
USA

Microsoft in talks to acquire TikTok, Trump considers ”banning” app in US

Washington, Aug 1, 2020: Microsoft said they are in advance talks to acquire TikTok's US operations, even as President Donald Trump considering to ban the popular Chinese-owned video app. "We are looking at TikTok. We may be banning TikTok," Trump told reporters at the White House. India has banned as many as 106 Chinese apps, including TikTok, a move welcomed by both the administration and the lawmakers. "We may be doing some other things. There are a couple of options. But a lot of things are happening, so we'll see what happens. But we are looking at a lot of alternatives with respect to TikTok," Trump said in response to a question. Microsoft team headed by Satya Nadella is in advanced talks to acquire the US operations of TikTok. The deal could run into billions of dollars. ...
Apple starts iPhone 11 manufacturing in India
INDIA

Apple starts iPhone 11 manufacturing in India

New Delhi, Jul 24, 2020: Apple has started its latest iPhone 11 manufacturing at Foxconn's facility in Tamil Nadu, according to official sources. This is the fifth model of iPhone which Apple has started manufacturing in the country. '2020 - iPhone 11, 2019 - iPhone 7 & XR, 2018 - iPhone 6S, 2017 - iPhone SE. This chronology is a statement in itself as to how narendramodi govt. has developed the mobile phone manufacturing ecosystem in India. It's only a humble beginning,' Indian Telecom and IT minister Ravi Shankar Prasad said in a tweet. An Electronics and IT Ministry official said 'Apple's latest iPhone is now getting manufactured from India'. According to industry sources aware of the development said that Foxconn has been assembling iPhone 11 at the Sriperumbudur facil...
End of Huawei’s 5G Journey in India? Reliance Jio Launch Made in India 5G solution
INDIA

End of Huawei’s 5G Journey in India? Reliance Jio Launch Made in India 5G solution

New Delhi, Jul 15, 2020: India's leading company Reliance Industries said that its telecom unit Jio has built a Made-in-India 5G solution that can be ready for field deployment next year and has teamed up with Google for developing affordable smartphones. Asserting Jio's move to make India free of 2G, RIL Chairman Mukesh Ambani emphasized on the need to accelerate the migration of 350 million Indians 2G phone users to an affordable smartphone, at a time when India stands at the doorsteps of the 5G era. At Reliance 43rd AGM, Mukesh Ambani said, "There are many feature phone users who are waiting to upgrade to a conventional smartphone, if only it was somehow more affordable. So, we have decided to address this challenge head-on. We believe we can design entry-level 4G or even 5G smar...
Google to Invest $10 billion in India: Sundar Pichai
INDIA

Google to Invest $10 billion in India: Sundar Pichai

New Delhi, Jul 13, 2020: Google CEO Sundar Pichai said that they plan to invest $10 billion (Rs 75,000 crore) in India over the next five to seven years to help accelerate the adoption of digital technologies in the country. Pichai, who held a virtual meeting with Prime Minister of India Mr. Narendra Modi on Monday morning, made the announcement at the annual ''Google for India'' event via video conference. Announcing the $10 billion investment in India over the next 5-7 years through ''Google for India Digitization Fund'', Pichai asserted that the move is a reflection of the company's confidence in the future of the country and its digital economy. Pichai said a whole new generation of technologies are happening in India first, and that people in the country no longer have to wa...
Samsung starts all Smartwatches Manufacturing in India
INDIA

Samsung starts all Smartwatches Manufacturing in India

New Delhi, July 9, 2020: Tech company Samsung has said that they started manufacturing smartwatches in India at its Noida facility as part of its ''Make in India'' efforts. The South Korean company, which has its largest smartphone manufacturing facility in Noida, has also launched a new 4G-enabled smartwatch priced at $379 (Rs 28,490) that will be manufactured locally. "The Aluminium edition of Galaxy Watch Active2 4G is our most affordable 4G watch now. It's also the first smartwatch to be made in India. With Galaxy Watch Active2 4G, we have also started manufacturing our entire range of 18 smartwatches in India as part of the ''Make for India'' program," Samsung India Senior Vice President, Mobile Business, Mohandeep Singh said in a statement. The company, however, did not pro...
US looking at banning TikTok & other Chinese apps
USA

US looking at banning TikTok & other Chinese apps

Washington, Jul 7, 2020: Secretary of State Mike Pompeo said the US is "certainly looking" at banning Chinese social media apps, including TikTok, days after India blocked the popular video-sharing platform. India banned 59 apps with Chinese links, including TikTok and UC Browser, on June 29, saying they were prejudicial to sovereignty, integrity and security of the country. During an interview on Monday with Fox News'' Laura Ingraham, Pompeo said that he and President Donald Trump are taking the reports seriously after he was told by the host that India had already banned the app and Australia is considering doing so. "We are taking this very seriously and we are certainly looking at it. We have worked on this very issue for a long time, whether it's the problem of having Huawei...
India’s trade deficit with China dips to $48.66 billion in FY20
INDIA

India’s trade deficit with China dips to $48.66 billion in FY20

India’s trade deficit with China fell to $48.66 billion in 2019-20 on account of the decline in imports from the neighbouring country, according to government data. Exports to China in the last financial year stood at $16.6 billion, while imports aggregated at $65.26 billion, the data showed. The trade deficit stood at $53.56 billion in 2018-19 and $63 billion in 2017-18. The main imports from China include clocks and watches, musical instruments, toys, sports goods, furniture, mattresses, plastics, electrical machinery, electronic equipment, chemicals, iron and steel items, fertilisers, mineral fuel and metals. India has time and again raised concerns over the widening trade deficit with China. The government is framing technical regulations and quality norms for several product...
Kuwait Assembly approves Expatriate quota bill, Will force Large number of Indians and Egyptian to leave the country
MIDDLE EAST

Kuwait Assembly approves Expatriate quota bill, Will force Large number of Indians and Egyptian to leave the country

Kuwait, 6th July 2020: Kuwait’s National Assembly committee has decided that a draft law proposing a quota for expatriates is constitutional. The bill will now be referred to the concerned committee for consideration. The bill states that the Indian and Egyptian expatriate community one of the largest in the country should not exceed 15 percent of the national population. Which means that out of 1.45 million Indians around 800,000 of them might be required to leave Kuwait. The speaker said that Kuwait has a real problem in its population structure, in which 70 percent are expats, adding that what is more serious is that 1.3 million of the 3.35 million expats “are either illiterate or can merely read and write”, who is not the people Kuwait really needs. He said 100,000 of the...
India’s Richest Man Company launched Zoom alternative Jiomeet
News

India’s Richest Man Company launched Zoom alternative Jiomeet

NEW DELHI, 3rd July 2020: India's richest man Mukesh Ambani's company Reliance Jio officially launched its video conferencing platform JioMeet yesterday. JioMeet is available on Google Play Store, App Store, and for desktop users. The video conferencing app, which can support up to 100 participants at once. Reliance owned Jiomeet will now compete with other video conferencing platforms like Zoom, Google Meet, etc. Also Read: This Indian Startup Has Made a Zoom Alternative, in Just 20 Days Jio Meet is a platform that has much uniqueness, it actually has an ability to work on any device, any operating system, and it has an ability to do a complete collaboration,” Pankaj Pawar, senior VP, Reliance Jio Infocomm, said to Pixr8 News. “And effectively, this collaboration does not...
TikTok Ban will Hit Parent Firm ByteDance’s $1 Billion Expansion Plan
News

TikTok Ban will Hit Parent Firm ByteDance’s $1 Billion Expansion Plan

New Delhi, 30th June 2020: A ban on 59 Chinese apps including Tiktok by the Indian government over security issues derailed Chinese company ByteDance $1 billion India expansion plan. Tiktok app is owned by its parent firm ByteDance was removed from Google and Apple app stores in India after the Indian government announced on Monday that it was among the 59 apps which it believed posed a "threat to sovereignty and integrity". "If this is not rolled back, these companies would be constrained to cut back their operations in India, potentially resulting in a loss of employment," said a lawyer who advises a Chinese company whose app has been banned. China's foreign ministry said it was "strongly concerned" about India's decision, adding that India had a "responsibility to uphold the l...
Indian government ban 59 Chinese Apps, Tiktok replied
INDIA

Indian government ban 59 Chinese Apps, Tiktok replied

New Delhi, 30th June 2020: India government banned 59 Chinese apps including hugely popular TikTok, Shareit, etc. stating that they were prejudicial to sovereignty, integrity, and security of the country. Amid current stand-off along with the Line of Actual Control (LAC) with China, the move by the Indian government sends a clear message to the world about India's stand over Chinese incursion. The Information Technology Ministry in a statement said it has received many complaints from various sources, including several reports about misuse of some mobile apps available on Android and iOS platforms for "stealing and surreptitiously transmitting users' data in an unauthorised manner to servers which have locations outside India". "The compilation of these data, its mining and prof...