Thursday, March 28

Tag: Google India

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...
Google to Launch its Online Storefront by November in India
BUSINESS

Google to Launch its Online Storefront by November in India

The festive season in India is arriving and all the companies are gearing up for it. The technology giant Google is also looking to capture the e-commerce market in the country. Google is planning to launch an online storefront for all its branded hardware products in November. This store will have the electronic devices including its flagship smartphone Pixel, Chromecast, Google Home smart speakers, and virtual reality headset, Daydream. The storefront will be a website where Google will merely display its branded and licensed hardware products, however, it will be able to gain access to customer data and have a stronger influence over the buying experience. “We are looking to launch a Google-branded online store for all hardware launched in India, with an authorized partner who wi...
Sectors Contributing To India’s next $100 Billion Growth
INDIA

Sectors Contributing To India’s next $100 Billion Growth

According to the Boston Consulting Group (BCG)-Google India report, digital consumer spending in India is expected to rise to $100 billion from $40 million by 2020. The report that hit the surface on Thursday, marked the potential of the consumers to spend at a much greater level than they already are. The report suggests, the growth in the upcoming years will be led by the increase in the market size of the following sectors :-  In E-commerce the market size will increase by consumer spending, more on Apparel & Consumer Electronics thus increasing the market size from $18 billion to $ 45 billion by 2020. In  Travel and Hotel, the market size will grow from $ 11 billion to $ 20 billion by 2020, specifically with the increase in the International air Travel. In Financial S...
Competition Commission of India Imposes Rs 136 Crore Fine on Search Giant Google
News

Competition Commission of India Imposes Rs 136 Crore Fine on Search Giant Google

Competition Commission, the statutory body of India, has imposed a fine of Rs 136 crore (around $ 21.1 million) after finding it guilty of abusing its dominant position in India. The amount of penalty charges is equivalent to about 5 percent of Google's revenue from India.   What is the case all about? The case was filed back in 2012 by Matrimony.com, former Bharat Matrimony (Case No. 7), and Consumer Unity & Trust Society (Case No. 30), when they complained the watchdog CCI about Google's about Google's anti-competitive behavior. Alphabet Inc's search giant provides online search services and advertisement space- AdWords and AdSense. The complaints submitted to the CCI focused on Google's biased search results, in which it was favoring Google's own services and partners, ...
Google India’s Sales Hits Billion Dollar This Year
BUSINESS

Google India’s Sales Hits Billion Dollar This Year

[dropcap]G[/dropcap]oogle India has crossed $1.11 billion dollar sales mark (turnover of Rs 7,208.9 crore) in the year March, 2017. These figures shows a jump of over 22.1% from the previous year's Rs 5,904 crore. Sales has witnessed an expansion of 44% this fiscal as per the report by TOI. Although the local business of Google India grew at half-a-pace this year in comparison to the last. It's rival Facebook however nearly doubled its revenues in the country indicating preference by marketers to advertise on platforms other than Google. Google also provides other Internet related services in India such as cloud based computing, digital payments etc. but the major revenue comes from its adverting sector where it displays ads next to the search results. Although in various sect...
This Is What Google’s New UPI App ‘Tez’ Has To Offer
INDIA, News

This Is What Google’s New UPI App ‘Tez’ Has To Offer

Alphabet Inc's Google has finally forayed into the payments space, by launching its app 'Tez' exclusively in India on Android and iOS. The app is now available on Play Store and App store for the users to download. Google’s VP for Next Billion Users Caesar Sengupta launched the app at an event in New Delhi in the presence of Finance Minister Arun Jaitely. Unlike a digital wallet Tez is built on UPI that allows for payments directly via bank accounts. It allows the users to do financial transactions like sending money, receiving payments directly into their bank accounts. The users can link the app directly to their bank accounts.The platform is built on the government's Unified Payment Interface (UPI). “Google Tez app is design for India and made in India. It supports seven Indian lang...
Google India Head Rajan Anandan Appointed IAMAI Chairman
News

Google India Head Rajan Anandan Appointed IAMAI Chairman

Google vice-president for South East Asia and India, Rajan Anandan has been appointed new chairman of Internet and Mobile Association of India (IAMAI). He took over charge from FreeCharges co-founder and chief executive officer Kunal Shah. MakeMyTrip Chairman & Group CEO Deep Kalra has taken over as vice chairman from music app Saavn co-founder and President Vinodh Bhat. Facebook Managing Director India & South Asia, Umang Bedi has been elected as the new Treasurer of the Association. Subho Ray continues to be the President of the Association, IAMAI said in a statement. The tenure of the new council is for two years. "Anandan assumes office at a time when the industry is going through a growth trajectory with more than 400 million Internet users and with more than 300 m...
Google Expanded Support For Nine More Indian Languages
INDIA

Google Expanded Support For Nine More Indian Languages

Google has expanded support for nine more Indian languages, including Gujarati, Punjabi, Malayalam and Kannada, across various products to ensure more people can access Internet in a language of their choice. Powered by 'neural machine translation', users will be able to translate between English and nine widely-used Indian languages — Hindi, Bengali, Marathi, Tamil, Telugu, Gujarati, Punjabi, Malayalam and Kannada. The new technology translates full sentences instead of doing it in pieces and therefore, offers better quality translation. The new translation capability will be available for Google Search and Maps -- both on mobile and desktop. "India today has 234 million Indian Language users who are online, compared to 175 million English web users. We expect another 300 mill...
Google India Announces Launch of SMB Heroes Programme
News

Google India Announces Launch of SMB Heroes Programme

After launching Digital Unlocked, a training programme to help small and medium businesses (SMBs) go digital, Google India today announced the launch of SMB Heroes, a nation-wide programme designed to recognise SMBs that have embraced digital platform to grow their business. A nation-wide programme SMB Heroes will comprise three categories -- Business Innovation through Digital, Impacting Change through Digital and Woman Business Leader, Kevin OKane, Managing Director, Google Marketing Solutions- Asia Pacific, told reporters here. Google today launched Digital Unlocked programme here. Since its launch in January this year, Google has hosted Digital Unlocked workshops in five cities across the country and trained over 4,000 businesses across the offline and online training. Startin...
Google India Inks MoU with Telangana Government
News

Google India Inks MoU with Telangana Government

Google India and Telangana government have signed a Memorandum of Understanding (MoU) aimed at supporting the digitisation efforts of the state. Google India will provide Google Cloud credits and access to all cloud platform products to eligible startups engaged with Telangana government's T-Hub initiative and through its Developer Relations team provide technical mentorship and advisory support to various startups, a release issued by the government said here today. The MoU was signed yesterday in the presence of Telangana Minister for IT and Industries K T Rama Rao and Google India representatives, it said. Other initiatives as a part of the agreement include, making all government websites mobile friendly and introduce programmes to help local small and medium businesses go online a...