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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
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
An incentive policy for the private sector companies to set up data center parks in India will make it affordable for firms to store data locally vis-à-vis other locations such as Singapore and also prepare them for the deluge of…
Read More India’s Data Centre Plan In Anticipation Of Tsunami Of Data In Country
The government said it will come out with a policy to enable private sector build data center parks in the country at a time the segment is becoming a focus area for commercial real estate players. "It will enable our…
Finance Minister Nirmala Sitharaman’s proposal in the Union Budget to come up with a policy for setting up data centre parks would benefit tech services companies and attract foreign investments in creating the adequate infrastructure for all industry sectors, said…
Read More FDI To Increase, Indian IT Firms To Benefit From FM’s Data Centre Plan
India’s plan to invest Rs 8,000 crore over the next five years in the National Mission on Quantum technology and its applications comes at a time when the world is making bets on the emerging field that has potential impact…
Read More FM’s Rs 8,000 Crore Boost Will Help India Bridge Gap In Quantum Computing With US, China
CEO of Greyhound Research says that it is the right time for quantum investment as companies like IBM and Google are going to be investing a tonne of money and infrastructure assets towards Asia, in countries like Japan and Singapore.…
Read More Finance Minister Takes A Rs 8,000 Crore Quantum Leap
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
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 —…
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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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
As the deadline for payment companies to comply with the Reserve Bank of India’s (RBI) data localisation rule ran out, major payment network players, including Visa and Mastercard, were in breach. While there was no official word on the status…
Read More Visa, Mastercard, Amex In Breach As Deadline For Data Localisation Passes
The RBI's deadline of 15 October for all payment system operators to comply with the central bank’s data localisation norms just went by. Companies like Visa, American Express, Facebook, PayPal, Mastercard, Google and WhatsApp are required, as per the Reserve…
Read More Digging Deeper – Data localisation: RBI deadline ends
As the deadline for payment companies to comply with the Reserve Bank of India’s (RBI) data localisation rule ran out, major payment network players, including Visa and Mastercard, were in breach. While there was no official word on the status…
Read More Visa, Mastercard, Amex In Breach As Deadline For Data Localisation Passes
