Thursday, March 28

Tag: app

Following Prime Minister Footsteps, This Indian State Head (CM) Comes Out With His Own Mobile App
INDIA

Following Prime Minister Footsteps, This Indian State Head (CM) Comes Out With His Own Mobile App

Apparently taking a cue from the Prime Minister Narendra Modi, Madhya Pradesh Chief Minister Shivraj Singh Chouhan today launched his own mobile app. Launching `Mobile App Shivraj Singh Chouhan, he said use of technology was crucial for a better administration. "This is an important step in a bid to offer an efficient administration and would prove to be a strong digital medium to connect with the public. This will enable the people to connect (with him) in a short time and they can share their suggestions and problems as well," he said. The app will help in speedy redressal of peoples grievances, Chouhan said. S K Mishra, Principal Secretary, Public Relations, said the app was available for download on Google Playstore. News related to the Chief Minister, his programs, audio a...
RBI Launches App For Android, iOS Platforms
INDIA

RBI Launches App For Android, iOS Platforms

The Reserve Bank of India today formally launched a mobile application version of its website on Android and iOS platforms. The application can be downloaded from the Play Store/App Store, using the keyword 'Reserve Bank of India'. To start with, the most accessed sections of the website press releases, IFSC/ MICR codes, bank holidays and current rates including policy rates and reference rate of four major currencies have been made available on the app. "There is a dynamic window on the top of the landing page of the app which alternatingly displays three public awareness messages - the new design currency notes of Rs 2,000 and Rs 500 denominations as well as RBI's message on KYC under the 'RBI Kehta Hai' series," the central bank said. On clicking on any of these, the user ca...
Uber Admit To Use Its Secret Software Greyball To Deceive Local Authorities
News

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...
Snap’s Shares Set For Trading Pop After $3.4 Billion IPO
BUSINESS

Snap’s Shares Set For Trading Pop After $3.4 Billion IPO

Snap Inc's in-demand shares were set to rally on their first day of trading in New York on Thursday, after the owner of the popular Snapchat messaging app raised USD3.4 billion in its initial public offering (IPO), above its price expectations. Early indications pointed to the shares opening up at between USD22 and USD24, after the IPO priced on Wednesday at USD 17 per share. The IPO book was oversubscribed by more than 10 times, boosting the chances of a pop on the first day of trading. The New York Stock Exchange carried out a trial run last week to make sure the third-biggest technology IPO ever goes smoothly. Facebook Inc's eagerly awaited market debut in 2012 was marred by a technical glitch at rival exchange Nasdaq. After pricing its IPO at USD17 a share, the owner of the po...
Snapdeal, Truecaller Partner to Make Your Shopping Experience Frictionless
BUSINESS

Snapdeal, Truecaller Partner to Make Your Shopping Experience Frictionless

New Delhi, ANI: India's largest online marketplace Snapdeal has partnered with Truecaller, one of the leading communication apps in the world to enhance consumer experience by integrating Truecaller Priority in the company's IVR and order confirmation numbers. Customers with Truecaller app installed on their mobiles will be able to easily identify and filter IVR or delivery verification calls when shopping on Snapdeal. Any calls received by users who have placed an order on Snapdeal, while be clearly marked as 'Snapdeal Order Team' or 'Snapdeal Delivery Team', and color coded in purple; thus, assuring the users that the call is important and from a reliable source, not spam. "We are very pleased to bring the Truecaller Priority feature to our platform. It will help reduce a key fricti...
Reliance Clarifies No plans to Launch App Based Taxi Service
News

Reliance Clarifies No plans to Launch App Based Taxi Service

Billionaire Mukesh Ambani-led Reliance Industries has no plans to launch an app-based taxi service as the company sees no logic in diversifying into unrelated sectors. It has been speculated for months that Reliance Jio, the company's telecom venture that has created ripples by signing up 100 million customers in just 170 days of launch, will soon launch a taxi service. The company had not commented on the speculations so far but took to the Twitter to deny the foray after an online publication stated that Jio has ordered some 600 cars to "kickstart" the service. A Reliance spokesperson tweeted that the report is "WRONG and DENIED". The company has no plans to get into unrelated diversification , another official explained. Reliance Jio had earlier this week announced a strategic ...
Bicycle Sharing Startup Mobike Gets Funding From Temasek, Others
FUNDING

Bicycle Sharing Startup Mobike Gets Funding From Temasek, Others

Chinese bicycle-sharing startup Mobike said on Monday it has raised funding in a new round led by Singapore state investor Temasek Holdings [TEM.UL] and hedge fund Hillhouse Capital, bringing its total new funding in 2017 to more than $300 million. The Shanghai-founded startup said last month it raised $215 million from a range of investors including Tencent Holdings Ltd, Warburg Pincus LLC and Chinese travel firm Ctrip.com International Ltd. Mobike also announced an undisclosed investment from Foxconn last month, in a bid to double the number of bikes it produced last year to 10 million in 2017. A spokesman for the startup declined to confirm the amount of the most recent investment. Mobike has not shared its valuation. Mobike allows users to find, ride and pay for company bic...
Alibaba Invests in $200 Million in South Korea’s Messaging Giant Kakao Pay
FUNDING

Alibaba Invests in $200 Million in South Korea’s Messaging Giant Kakao Pay

Alibaba's payment affiliate Ant Financial will invest USD 200 million in a unit of South Korean messaging giant Kakao, the companies said today, the Chinese firm's latest step to expand its global reach. The investment in Kakao Pay comes less than a month after Ant bought US-based payments operator MoneyGram for around USD 880 million and struck a partnership deal with Thailand's Ascend Money in November. Ant is behind Alipay, which accounts for 80 [ercent of electronic payments in China where it is used for e-commerce at Alibaba online venues and a large number of mobile applications. Ant is also involved in investment services and online banking. "South Korea is an important market for Ant Financial in its global expansion," said Douglas Feagin, president of Ant Financial Intern...
TRAI Examining BSNL’s New App-Based Calling Service
INDIA

TRAI Examining BSNL’s New App-Based Calling Service

Telecom regulator TRAI is examining the limited fixed mobile telephony services of Bharat Sanchar Nigam following objections raised by the cellular operators, and a decision is expected soon. "Our team is working with BSNL...we have asked them for certain clarifications with a view to understand the entire architecture of the limited FMT service. And then we will take a view quickly," TRAI Chairman, RS Sharma told Pixr8. Cellular operators under industry body COAI approached the telecom regulator against the limited fixed mobile telephony services announced by BSNL. BSNL's limited fixed mobile telephony is an app-based calling service that virtually turns mobiles into cordless phones working in sync with landlines to make and receive calls within home premises. When contacted,...
Apple to Start India Manufacturing in Coming Months With iPhone SE
News

Apple to Start India Manufacturing in Coming Months With iPhone SE

Apple Inc will in the coming months start assembling its lower-priced iPhone SE models at a contract manufacturer's plant in the southern Indian technology hub of Bengaluru, an industry source with direct knowledge of the matter said on Friday. Apple's Taiwanese manufacturing partner Wistron Corp is setting up a plant in Bengaluru to focus solely on assembling iPhones, a separate source told Reuters earlier this month. Apple's move comes as it seeks to boost its share in the world's fastest growing major mobile market, where handsets far cheaper than Apple's iPhones dominate. It also comes as smartphone sales growth is slowing in Asia's other massive market, China. To lower prices, Apple has been seeking to set up local production and has been in talks with the Indian federal gove...
Eyeing on 300 Crore Profit, Indian Railways Will Allow Space For App Based Cab Service
INDIA, News

Eyeing on 300 Crore Profit, Indian Railways Will Allow Space For App Based Cab Service

Encashing the growing demand for application-based cab services, the Indian Railways is all set to provide space for such facility at about 500 major stations, eyeing an annual profit of Rs 300 crores. Railway Minister Suresh Prabhu will unveil the new policy for app-based cab service next month along with providing parking space and kiosks near major stations. The Railways at present earns about Rs 122 crores a year from parking spaces across the country. With the new policy, the national transporter envisages Rs 200 crores more annually from these parking spaces, a senior official said. Though a passenger can still avail Ola or Uber service through the mobile application, allowing a kiosk and adequate parking space near busy stations is expected to ensure good business for the a...
Jugnoo the Auto-Rickshaw Aggregator Announced its Entry Into Taxi Aggregation Business
News

Jugnoo the Auto-Rickshaw Aggregator Announced its Entry Into Taxi Aggregation Business

Founded in late 2014 by a bunch of IITans,Jugnoo, the auto-rickshaw aggregator, announced its entry into the taxi aggregation business on Sunday to take on other Taxi aggregators like Ola and Uber. Apart from Taxi aggregator, Jugnoo also entered the market as an hyperlocal businesses food and grocery delivery service. As per the company, they are awaiting the right moment to enter into taxi aggregation business for some time. Launched as a pilot in Gurugram, Jugnoo intends to soon expand into other cities. "Jugnoo’s strategy to diversify its offerings and enter into the business vertical comes at a time when drivers are looking for an alternative to resolve their earnings and incentive issues," the company said in a press release. Beginning its operations in November 2014, Jugnoo ...