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Micromax May Invest Rs 2,000 cr in Next 5-yr

15Apr By NitishNo Comments

BUSINESS

Micromax May Invest Rs 2,000 cr in Next 5-yr

Micromax, country's second-largest handset maker is likely to invest around Rs 2,000 crore in the next five years in manufacturing and new product lines, its co-founder Rajesh Agarwal said today. He said the company is expected to clock Rs 15,000 crore revenues during the current fiscal. It recorded Rs 12,000 crore revenues last year. "We are planning to manufacture accessories such as batteries, chargers here in the country. The backward integration will happen in a period of next five to six years. I think over next five to six years we will be investing Rs 2,000 crore on complete manufacturing activities," Agarwal told reporters here. The new manufacturing facility of Micromax was today inaugurated here by Telangana IT Minister K T Rama Rao in presence of state Transport Minister...

10Apr By PriyankaNo Comments

Story

India’s Affordable Home Automation Module App

A startup by two college students has developed a compact home automation module claiming it to be the most affordable in the market. The prices of 'Smitch' module, ranging from Rs 2,999 to Rs 13,499 and focussing on savings and comfort, will be launched at a consumer fair here on April 21, H R Sanathkumar of PSG College of Technology said. Sanathkumar, also Chief Executive Officer of start up firm Karsan Technologies Pvt Ltd, said the compact smitch module can be placed comfortably behind any existing switchboard and does not require rewiring or change in existing wiring. The product, with its interactive mobile app and on-board timers allows customers to control and schedule any home appliance, he said, adding that it also allows users to optimise energy consumption b...

Cost of New Mobile Connection Could be Zero Using Aadhaar eKYC

10Apr By AdityaNo Comments

News

Cost of New Mobile Connection Could be Zero Using Aadhaar eKYC

Trai Chairman R S Sharma Friday said cost of activation of a new mobile connection can virtually come down to zero if electronic KYC of Aadhaar is implemented as authentication will be done digitally. He said transaction costs are reduced substantially when Aadhaar is used as an authentication tool. "If you are taking a mobile connection, currently the cost of activation of a mobile customer is Rs 150 because you have to fill a customer acquisition form (CAF), you have to give paper documents... if you use digital identity authentication, you can fill the customer form, digitally sign it and get your electronic KYC. So, essentially the cost is equal to zero," Sharma said at the annual growth Net summit in New Delhi. Sharma has made recommendations to the Department of Tele...

Digital Ad Spending in India Will Touched $1 bn in 2017, $11.82 billion in 2020: eMarketer

8Apr By PriyankaNo Comments

News

Digital Ad Spending in India Will Touched $1 bn in 2017, $11.82 billion in 2020: eMarketer

Digital ad spending in India is forecast to surpass the USD 1-billion mark, accounting for 14.3 per cent of the total media advertisement outlay, in 2017, a report by eMarketer today said. The report, which pegs the total media advertisement spending to grow to over USD 8.2 billion next year, said advertisers in India will spend more than USD 1.1 billion towards digital advertisement. "This year, just 12.6 per cent of all advertisement spending will go towards digital. In 2017, digital ad spending in India will surpass USD 1 billion and will amount to 14.3 per cent of total outlays. By 2020, the figure will be 20.2 per cent," it added. eMarketer estimated that advertisers in India will spend about USD 7.41 billion on paid placements in all media in 2016, up 11.3 per cent over the ...

Users can Now Pay With Single Touch Using ‘Ola Money’

22Mar By AnkitaNo Comments

News

Users can Now Pay With Single Touch Using ‘Ola Money’

Ola Money, the popular digital payment solution from Ola, India's leading mobile app for transportation, today announced that it has partnered with Mumbai Metro, which will enable commuters to recharge their prepaid metro cards by using the Ola Money app. Ola Money is also the exclusive digital payment partner for RSRTC- the Rajasthan State Road Transport Corporation, where users booking tickets online on http://rsrtc.rajasthan.gov.in/ or offline during their bus ride, can pay using Ola Money. The Ola Money app can also be used for prepaid mobile phone recharge across all network operators in India and for sending money to friends and family within minutes. Additionally, Ola Money has recently partnered with Cafe Coffee Day, Cleartrip and Stayglad over and above existing partners ...

10Mar By AnkitaNo Comments

ANALYSIS

How Do We Use Cell Phones

The Infographic is Co-produced By Rebateszone & Pixr8.

Pranav Mistry, Global VP Samsung Launched Gear 360 Camera

22Feb By AdityaNo Comments

Tech

Pranav Mistry, Global VP Samsung Launched Gear 360 Camera

BARCELONA– Pranav Mistry, VP, Samsung Electronics Co. Ltd today Launched the Samsung Gear 360, a 360-degree camera that lets consumers easily create, view and share their favorite experiences through video and still image content. Gear 360 is designed for travel, festive gatherings and every activity in between to provide an all-encompassing visual experience. The new camera leverages the best of the Samsung Galaxy experience so users can become the creator of their own virtual reality content to enjoy through Gear VR. Here you can watch the #samsung #unpacked2016 live. Less than 5 hours to go. https://t.co/dG7HGf04pJ — Pranav Mistry (@pranavmistry) February 21, 2016 “Samsung continues to push the boundaries of the mobile experience to extend beyond the smartphone,” said DJ Koh...

MobileIron Software Could Have Opened San Bernardino Shooter’s iPhone

21Feb By reutersNo Comments

USA

MobileIron Software Could Have Opened San Bernardino Shooter’s iPhone

The US investigation agency FBI demands that Apple Inc unlock an iPhone used by San Bernardino shooter Rizwan Farook might have been avoided if his employer, which owns the device, had equipped it with special mobile phone software it issues to many workers. San Bernardino County, which employed Farook as an environmental health inspector, requires some, but not all, of its workers to install mobile-device management software made by Silicon Valley-based MobileIron Inc on government-issued phones, according to county spokesman David Wert. That software is designed to secure corporate data. It also allows information technology departments to remotely unlock phones, even without assistance of the phone's users or access to the password needed to open the phone and unscramble the data. "I...

An Indian Company Will Launch $7 Smartphone

16Feb By AnkitaNo Comments

Tech

An Indian Company Will Launch $7 Smartphone

As per the report of NDTV, local smartphone manufacturer Ringing Bells will launch an affordable smartphone called the Freedom 251 on Wednesday. The Freedom 251, will be known as India's cheapest smartphone and likely the most affordable smartphone in the world as per the price tag below Rs. 500 (approximately $7). Ringing Bells says that the smart mobile phone is in line with India Prime Minister Narendra Modi's vision to connect every Indian and enrich their lives. Ringing Bells made headlines earlier this month when it launched the Smart101, a 4G capable phone at a price point of Rs. 2,999 (approximately $44). It sports a 5-inch display, a 1.3GHz quad-core SoC, 1GB of RAM, and 8GB of inbuilt storage which can be expanded using a microSD card (32GB). (Source)

Hike Messenger crosses 100-million user mark

21Jan By AdityaNo Comments

News

Hike Messenger crosses 100-million user mark

New Delhi :- Home-grown Hike Messenger today said it has crossed the 100-million user mark. “Crossing 100 million users is a milestone for us and we have achieved this well ahead of our expectations,” Hike Messenger Founder and CEO Kavin Bharti Mittal said in a statement. The company acquired 30 million additional users in just three months as it crossed 70 million users in October 2015, the statement said. Hike is now logging a monthly messaging volume of 40 billion messages, having doubled on messaging in a span of 5 months from 20 billion messages per month logged in August 2015, it added. “This huge user base is not only messaging and calling on Hike, but is reading News on Hike in Hindi and English, viewing live Cricket scores, getting inspired on Hike Daily, transferring huge f...

First Store Chain in Japan to Use China’s Online Payment Solution Alipay

19Jan By AnkitaNo Comments

BUSINESS

First Store Chain in Japan to Use China’s Online Payment Solution Alipay

Japanese department store chain Kintetsu announced on Monday that it will introduce China's online payment solution Alipay in four of its department stores in Osaka so as to attract more Chinese tourists. According to Kintetsu, it would be the first department store chain in Japan to use Alipay, though the well-known Chinese online payment solution has already been used by the discount chain store Don Quijote and the consumer electronics retailer Yamada Denki in Japan since last year. "Alipay is a payment platform with over 400 million users in China. Chinese customers will be able to use the Alipay app on their cellphones to pay for the commodities they have bought in our department stores, which will be very convenient for them." said Aki Shokyoku, foreign business dire...

Vivo Invests Rs 125 Crore For Manufacturing Unit In India

22Dec By Press Trust of IndiaNo Comments

News

Vivo Invests Rs 125 Crore For Manufacturing Unit In India

Betting big on the booming smartphone demand in the country, Chinese handset maker Vivo has set up a manufacturing and assembling facility in India with an investment of Rs 125 crore. Located at Greater Noida, the unit has a maximum production capacity of one million devices a month. "The unit will cater to the manufacturing and assembling of Located at Greater Noida, the unit has a maximum production capacity of one million devices a month. "The unit will cater to the manufacturing and assembling of vivo smartphones, creating more jobs and decreasing vivo's dependence on imports," the company said in a statement. The firm, which has been present in India for a year, has invested about Rs 125 crore as its first phase of investment in the 30,000 The firm, which has been present in Ind...