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Intex in Collaboration With Tata’s mRupee Launched Its Own Digital Wallet

6Oct By Press Trust of IndiaNo Comments

BUSINESS

Intex in Collaboration With Tata’s mRupee Launched Its Own Digital Wallet

Domestic handset maker Intex has partnered with mRUPEE, a Tata Teleservices subsidiary, to launch mobile wallet Intex MyWallet. The wallet will offer easy and quick integrated payment functionalities and conveniences within the device related to recharge, money transfer, shopping, booking train, movie, bus tickets and more in just one click, Intex said in a statement. "This is in line with our focus to offer the customers additional value which is being created right from video, gaming, healthcare, utility, entertainment, e-commerce/mobile advertisement, all packed in their handsets at customers fingertips," Intex Technologies Head VAS Vineet Singh said. Company's larger rival, Micromax, also has a mobile wallet service Udio in partnership with TranServ and Visa. As part of its tie...

Microsoft Accelerator In a Joint Initiative With Tata Launched Startups Accelerator Center

27Jun By AdityaNo Comments

BUSINESS

Microsoft Accelerator In a Joint Initiative With Tata Launched Startups Accelerator Center

Microsoft Accelerator in India and TCS Co-Innovation Network have announced a joint initiative to create a platform that provides a boost to the Indian startup ecosystem. Under the collaboration, an open innovation framework will be created to mentor and engage with startups to bring their innovative solutions to market. The announcement was made at Think Next Summer 2016, Microsoft Accelerator’s flagship forum, which brings together thought leaders in technology who are driving transformation via innovation. “The progress India has made in IT and entrepreneurship over the past four decades, has radically changed the landscape offering new entrepreneurs unmatched opportunities. As one of the contributors to the startup ecosystem in India, we felt it was a story worth telling. It has tak...

Tata Starbucks Will Now Offer Indian Coffee in The US Market

27Jun By AnkitaNo Comments

News

Tata Starbucks Will Now Offer Indian Coffee in The US Market

Tata Sons and Starbucks have finalised multiple new joint initiatives to expand their collaboration at a global level, apart from building the iconic American coffee chains brand and business here. The initiatives include sourcing Indian coffee for the US market, introducing the Teavana brand of specialty teas in Indian stores, expanding the market of the Tata-owned mineral water brand Himalayan and skilling over 3,000 youths, the companies said. Tata Sons Chairman Cyrus Mistry met Starbucks Chairman and Chief Executive Howard Schultz last week in Seattle and finalised these initiatives, which will be rolled out by the year-end, the companies said in a joint statement today. The two groups have been running Tata Starbucks coffee chain in the country since October 2012 as part of a joi...

JLR is OK Over Britain Voted To Exit The EU

24Jun By NitishNo Comments

News

JLR is OK Over Britain Voted To Exit The EU

As Britain voted to exit the EU, Tata Motors-owned Jaguar Land Rover today said it is "business as usual" and will manage the long-term impact and implications of the decision, insisting "nothing will change" overnight for it and the automotive industry. "For Jaguar Land Rover, today is just business as usual. We are a British business with a strong manufacturing base in this country, we call Britain home and we remain committed to all our manufacturing sites and investment decisions," a JLR spokesperson said in a statement. On outcome of the referendum, the spokesperson said: "We respect the views of the British people and in line with all other businesses, Jaguar Land Rover will manage the long-term impact and implications of this decision: nothing will change for us, or the automotive i...

Tatas E-commerce Platform CliQ to Go Live on May 27

17May By PriyankaNo Comments

News

Tatas E-commerce Platform CliQ to Go Live on May 27

Tata Unistore, a Tata group business venture, today announced that its e-commerce platform, Tata CLiQ, will open to consumers from May 27 across its website, mobile site and mobile apps. At the launch, Tata CLiQ will offer consumers a new shopping experience in apparel, electronics and footwear categories. Over the next few months, the plan is to expand the offering by adding many more categories, brands and exciting features, Tata Unistore said in a statement here. Over the past few years, e-commerce in India has been growing at a faster rate than brick-and-mortar retail. Ads by ZINC. According to a Goldman Sachs report released last year, the e-commerce market will account for 2.5 per cent of India's gross domestic product by 2030, growing 15 times and reaching USD 300 billion....

First Safety Wearable in the World Designed Specially For a Factory Floor Worker

5May By AnkitaNo Comments

News

First Safety Wearable in the World Designed Specially For a Factory Floor Worker

The Tata Group today said it has developed a watch exclusively for factory workers which can provide critical real-time safety data and announced that it is looking to sell wearable devices to tech-savvy consumers in the future. "This is the very first safety wearable in the world designed specially for a factory floor worker," the conglomerates Group Chief Technology Officer Gopichand Katragadda told reporters, displaying an image of the watch sporting a Tata logo. He said the watch has been designed by multiple Tata Group companies. The basic idea came from Tata Steel whose workers will be using it soon, with user inputs from Tata Chemicals and Tata Motors whose shop-floors will also benefit. It is supported by TCS cloud-based analytics platform, designed by Tata Elxsi and will be m...

Did Ratan Tata Said That Tata Group Will Not Hire Anyone From JNU?

17Feb By AdityaNo Comments

News

Did Ratan Tata Said That Tata Group Will Not Hire Anyone From JNU?

New Delhi: From last one week an ongoing posts circulated over social media regarding the hiring statement of Ratan Tata over Jawaharlal Nehru University controversy. In a tweet and post attributed to Ratan Tata emerged wherein the Chairman Emeritus of Tata Group said that the group will not hire any student from Jawaharlal Nehru University. Reports further said that Ratan Tata told a Make In India session in Mumbai that Tata Group will not hire any student from JNU. However, the official twitter account of tata group denied any such comments attributed to the Chairman Emeritus. "Mr Tata has not issued any such statement," Tata Group said in its official Twitter handle late in the evening today. Mr Tata has not issued any such statement. https://t.co/tIVi6Vgukh— Tata Grou...

Why these big Corporates like Reliance, Tata, Birla showing interest in startups now

17Sep By No Comments

News

Why these big Corporates like Reliance, Tata, Birla showing interest in startups now

One of Reliance Industries' offices in suburban Mumbai became unusually busy last week. The Reason: a second batch of 10 startups joined the country's largest private firm's four-month acceleration programme, run in partnership with Microsoft Ventures, to help them scale up operations through mentoring and infrastructure support in exchange of technology and ideas. A month ago, a similar initiative was launched by Aditya Birla Group, albeit at a smaller scale. Big Indian family business houses, some of which were still debating whether it's worth foraying into the digital space till about a year ago, are now busy chalking out and implementing strategies to join the digital economy and get leverage from the ongoing startup boom. If you look at the history of conglomerates in the last ...