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Customers of Airtel Thanks will now get free, unlimited access to ZEE5’s premium content library as part of their exclusive benefits, the companies announced. Airtel, like rival Reliance Jio, has been inching towards a bundled app ecosystem powered by content.…
Read More Airtel-ZEE5 Extend Partnership As Telcos Inch Towards Bundled App Ecosystem
Bharti Airtel (“Airtel”), one of India’s largest integrated telcos, has selected IBM and Red Hat to build its new telco network cloud, designed to make it more efficient, flexible and future-ready to support core operations and enable new digital services.…
Read More Airtel Selects IBM And Red Hat To Build Open Hybrid Cloud Network
Bharti Airtel has selected IBM and Red Hat to build its new 5G-ready telco network cloud to support core operations, monetise the telco’s pan-India 4G network with the help of new services and be more competitive against main rival Reliance…
Read More Airtel Selects IBM And Red Hat To Build 5G-Ready Open Hybrid Cloud Network
IBM on Monday announced a major deal with Bharti Airtel to build a new open hybrid cloud network that will be more efficient and flexible than what exists now, will enable new digital services, and be ready for emerging technologies…
Reliance Jio has cut three equity deals with three major investors in three weeks. First came the $5.7 billion stake sale to Facebook, making it the largest minority shareholder in Jio, followed by another 1.15 percent dilution to Silver Lake…
Mukesh Ambani's Reliance Jio has been able to attract the third big investor - Vista Equity Partners - which is the world’s largest tech fund following its landmark deal with Facebook. Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound research…
Read More 3 Deals In 3 weeks: Vista Equity Now Invests $1.5 Billion In Reliance Jio
Billionaire Mukesh Ambani is a man on a mission: to dominate India’s consumer Internet market -- from online retail to digital payments. He just sealed three deals in as many weeks to raise a combined $8 billion, including from Facebook…
Read More Vista Stake Caps $8 Billion Deal Run for Asia’s Richest Man
Reliance Jio Platforms (Jio Platforms), a subsidiary of Reliance Industries (RIL), is selling 1.15 per cent stake to private equity (PE) firm Silver Lake for Rs 5,655.75 crore. The investment — the second in a fortnight - highlights its focus…
Read More Silver Lake Checks Into Jio Platforms, Snaps Up 1.15% For Over Rs 5,600 cr
American private equity giant Silver Lake Partners' investment in Reliance Jio comes in less than two weeks of the Facebook deal. Silver Lake has paid a 12.5 percent premium over Facebook. Its $750 million infusion in Jio Platforms takes the…
Read More PE Giant Silver Lake That Backed Alibaba, Airbnb, Others Takes Reliance Jio Closer To IPO
Scroll below for our latest tweets on this topic. Read a more updated thread by clicking on any of the tweets below. Lastly, please spare a moment to retweet, share and respond to this thread! https://twitter.com/s_v_g/status/1257152089869836290?s=20 https://twitter.com/s_v_g/status/1257153384357883904?s=20 https://twitter.com/s_v_g/status/1257154348028530688?s=20 https://twitter.com/s_v_g/status/1257155304917135360?s=20 https://twitter.com/s_v_g/status/1257156687523246080?s=20…
Read More Silver Lake Investment A Shot In The Arm For Jio Platforms
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Facebook and Reliance Jio hit the headlines early Wednesday morning, in a break from the daily lockdown news. Mark Zuckerberg announced in a Facebook post that the technology giant will acquire a 9.99 per cent stake in Jio Platforms Ltd (JPL) through a fresh issue of shares worth…
Read More Reliance Jio Connects With Facebook For $5.7 Billion Equity Deal
India’s small and medium businesses (SMBs), which are struggling due to the covid-19 pandemic, got a shot in the arm on Wednesday with social media giant Facebook announcing a $5.7-billion investment in Jio Platforms Ltd, which is owned by Reliance…
Read More Facebook-Reliance Deal To Boost JioMart, Open Door For Small Businesses
Scroll below for our latest tweets on this topic. Read a more updated thread by clicking on any of the tweets below. Lastly, please spare a moment to retweet, share and respond to this thread! https://twitter.com/s_v_g/status/1253173973757513728?s=20 https://twitter.com/s_v_g/status/1253176766610341888?s=20 https://twitter.com/s_v_g/status/1253178329315725312?s=20 https://twitter.com/s_v_g/status/1253179922752798720?s=20 https://twitter.com/s_v_g/status/1253181489564381184?s=20…
Read More Facebook Investment In Jio Is Deeper Than It Appears
Technology companies offering niche services to banks face a challenge as public sector lenders consolidate, with issues around shrinking revenue, reduced clients and heightened competition, industry experts have said. Banks may consider changing their technology infrastructure, analysts said. This means,…
New-age internet companies across the eCommerce, food-tech and fintech sectors are increasingly using soft-skill providers to train their workforce. These human resource development programmes have traditionally been used by the manufacturing and automobile industries for their staff. “Even larger companies…
Read More New-Age Internet Companies Are Going Big On Soft-Skill Training
On October 9, 2019, I noticed my Twitter timeline was abuzz with a hashtag, #BoycottJio. Until then, I hadn't heard about the announcement by Reliance Jio to charge users 6 paise per minute for voice calls made to other networks.…
Read More #BoycottJio Controversy: No More Than A Storm In A Teacup
DXC Technology plans to hire over 10000 people in India this year with a strong focus on candidates with digital technology skills, as the company looks to transform faster remain competitive. The US-headquartered tech services major, which was founded in 2017…
Read More DXC Technology To Hire 10,000 People In India With Focus On Digital
Banks may take 2-3 years to standardise core technology, products and customer applications after the government proposed to merge some prominent public sector lenders last week, analysts said. “The integration process would take 24-36 months. Website, mobile apps, IVR —…
Reliance Jio and Microsoft have entered into a long-term alliance to offer a set of solutions comprising connectivity, computing, storage solutions etc to create more affordable offerings for Indian SMBs, startups and large enterprises while also adding capabilities to Reliance Industries’ ecosystem. Sanchit…
Read More Reliance Jio, Microsoft Partner To Bring Azure Cloud To Jio’s Data Centers
Tech Mahindra is eyeing opportunities in neighbouring Bangladesh, as India's fifth-largest IT services exporter considers it a politically stable and growing economy. The $4.9 billion IT services firm receives more than 5% of its overall business from India currently, and is looking to create more…
Read More Tech Mahindra Sees Stable Growth Market In Bangladesh
Global technology giants Google and Facebook may not have succeeded in penetrating the China market, but InMobi, which competes with these tech giants in the data-driven mobile advertising space, is betting big on the world’s most populous country, where it…
Read More InMobi wins over China, where Facebook, Google failed
For all the publicity blitz accompanying Mukesh Ambani’s $30bn charge into the digital economy, the details of his long-term strategy remain a closely guarded secret. Mr Ambani’s Reliance Jio venture has upended India’s telecom sector, devastating the profits of incumbent operators…
2019 is turning out to be great for Indian internet ventures. It’s not even mid-way into the year, and the country has already seen two internet firms achieve unicorn valuations, and at least one more is close to the milestone.…
Read More India Has Added Two New Tech Unicorns In Just The Last Month
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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
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
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…
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
