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Rajan Anandan, who led Google’s operations in India and South-East Asia, is leaving the company to join Sequoia Capital India. Anandan, who had an eight-year stint at Alphabet Inc.’s Google, will become managing director at Sequoia Capital India, the venture capital…
Read More Rajan Anandan Quits Google India, To Join Sequoia India As MD
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Low-profile Indian tech company InMobi aims to take advantage of the headwinds facing Google and Facebook to grab a bigger share of the nearly $140 billion market for online advertising. The Bangalore-based company, which brings together advertisers and app developers,…
Read More India’s InMobi Ramps Up Ad Challenge To Google And Facebook
Within a week of its launch in India, international music streaming platform Spotify made headlines by clocking one million users. While it is late to the party — Apple Music, Amazon Music and Google Play Music have been around, along with long-standing Indian players…
Read More No Walkover: Spotify Faces Tough Competition From Amazon, Apple Apps
It might be late to the party, but the Swedish music streaming app Spotify is trying really hard to make up for the lost time in India. The Stockholm-based company launched in the country yesterday (Feb. 27) with freebies and…
Read More Spotify Had No Choice But To Offer An Excellent Free Service In India
In proposing to tighten the rules around e-commerce, India is both offering respite and ruffling feathers in equal measure. The draft e-commerce policy released by the Modi government on Feb. 23 is poised to shake up the country’s nearly $40 billion (around Rs2.8 lakh crore) online…
Read More Who Wins And Who Loses If India’s Draft eCommerce Rules Are Implemented
Following the ‘data is oil’ argument often used by businesses, the latest e-commerce policy draft focuses on different aspects of data localisation, while also seeking to establish data as an economic resource, said experts. The government has made its intent to regulate…
Read More E-commerce Policy Draft: DPIIT Digs Heels On Data Localisation
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Sanchit Vir Gogia, Chief Analyst, Founder & CEO, Greyhound Research is part of the esteemed jury panel along with other industry leaders, who are evaluating and judging the Mint Digital Innovation Summit 2019 Emerging Technology Awards. About the Summit: The first edition of the Mint…
Read More Sanchit Vir Gogia on Mint Digital Innovation Summit 2019 Emerging Technology Awards Jury
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Mphasis is eyeing double-digit revenue contribution from companies in the portfolio of Blackstone, American private equity firm that owns a majority stake in the software services firm, up from around 5% at present, said its chief executive Nitin Rakesh. Historically, the IT and business…
Amazon is working with brands across sectors to enable them to build skills on its Alexa platform. From daily news updates to smart-home integrations, banking services, food ordering and cab hailing, Alexa has been equipped with skills as the service expands.…
Read More Amazon Has Ambitious Plans To Earn From Virtual Assistant Alexa
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Intel India saw profits grow 4.6% to Rs 379 crore and revenue by 23% to Rs 4,149 crore in fiscal 2018, according to the company's filings with the Registrar of Companies (RoC). The company has seen increased competition from peers such as…
Read More Intel India FY18 Profit Up 4.6% To Rs 379 Cr, Revenue Grows 23%
The huge blow to British Prime Minister Theresa May’s Brexit deal in the House of Commons has further complicated an already-uncertain environment for Indian IT services firms. The UK is the second-largest market for the Indian IT industry after the US, and…
Read More Theresa May’s Brexit Vote Defeat Complicates Indian IT Firms’ Future
On Jan. 15, video streaming service, Netflix, made headlines as it increased its subscription cost by 13-18% across the US and Latin America. This is the biggest increase by the company since its inception 12 years ago and will impact 58 million American subscribers,…
Read More Netflix Hasn’t Increased Prices In India Probably Because It Can’t Afford To
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DXC Technology’s decision to acquire niche engineering services firm Luxoft may be considered as a step towards eventually reducing its dependency on Mphasis, said analysts. DXC, an IT and digital services company, was formed in April 2017 after the merger of CSC and the…
Read More DXC’s Acquisition of Luxoft Will Likely Reduce Its Dependency On Mphasis
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Server sales in India declined for the first time due to weak demand from IT services firms, whose clients are increasingly renting space on the cloud to host applications instead of setting up their own infrastructure. Analysts said there were examples of…