Ola To Buy Foodpanda: More Than Taking On UberEATS, It’s A Hyper Growth Strategy For Indian Co

Ride-hailing app Ola (owned by ANI Technologies) has decided to get into the food delivery space again, this time around by acquiring German-firm Delivery Hero’s Foodpanda India. Delivery Hero is an online food ordering and delivery marketplace.

Ola Buys Foodpanda’s India Arm, To Pump $200 Mn Into Food-Delivery Biz

Germany-based Delivery Hero Group on Tuesday announced the sale of its Foodpanda India business to Ola in return for shares in the Indian ride-hailing app.

Ola, which is flush with funds after raising $1.1 billion in October from Chinese internet behemoth Tencent Holdings, has committed an investment of $200 million into Foodpanda.

How A Split Turned Into A Boon For HP’s Laptop And Printer Businesses

Looks was one of the key areas that HP’s team had zeroed in on — better designing for commercial grade products. In fact, the team realised that consumer and commercial segments in PCs were merging and commercial PCs also need to look good.

Flipkart’s Bansals Diversify, Kick Off New Venture – Sabin Advisors

Amidst the euphoria of two bumper fund raises in quick succession, the co-founders of e-commerce giant Flipkart, Sachin Bansal and Binny Bansal, quietly incorporated a new company last month for new businesses, which could include venture capital funding and insurance.

Sabin Advisors, named after the first few letters of the co-founders’ names, does not specify any particular business the company plans to get into.

Shadowfax: This ‘Uber’ For Delivery Personnel Is Getting Logistics Right

Founded in April 2015, Shadowfax is an Uber of sorts for delivery personnel. Much like car drivers partner with ride-hailing companies, delivery men and women partner with Shadowfax through its Android app. It’s a freelancer model, according to Abhishek Bansal, the 26-year-old who co-founded Shadowfax in Bengaluru with fellow IIT graduate Vaibhav Khandelwal.

Trump Govt Not To Change H-1B visa Rules: Time Indian IT Firms Looked At Changing Business Model

Offering a bit of reprieve at least for now, the Donald Trump government in the US has stepped back on its proposed H-1B visa regulations that would have led to hundreds of thousands of Indian IT professionals returning home. US authorities on Tuesday said that the Trump administration is not considering any proposal that would force H-1B visa holders to leave the country.

Disruptive Moves On H-1B Visa Detrimental For India, United States

Any disruptive move on the visa front will be detrimental for both India and the US, with reports suggesting that Washington may be mulling new rules to prevent H-1B visa extensions, software body Nasscom has said.

Artificial Intelligence Will Kill Some Jobs, But Produce Host of Creative Ones

AI is intelligence displayed by a machine versus that by a human being. It is basically a machine mimicking a cognitive function that human beings associate themselves with such as learning and problem solving.

Google Eyes Smart Feature Phones Segment Yet Again

Google is back exploring the Indian semi-urban and rural market with its revamped cheap smartphone programme. In its first attempt in 2014, the internet giant had partnered with Micromax, Karbonn and Lava to roll out the devices under its Android One initiative. Analysts and experts were, however, of the opinion that the initiative not only failed to provide the value proposition for the customer, but the company also lacked proper marketing initiatives.

Infosys Sees Big Opportunity In Cloud And Cybersecurity

With Salil Parekh set to take charge of Infosys from January next year, the software major is betting big on cloud computing and cybersecurity to reignite growth. India’s second-largest software exporter, since its initial days, thrived on getting technology projects for Fortune clients, which involved writing or maintaining software codes for these companies.

Blockchain-Based Solutions, Key To Infosys’ Finacle Growth Plans

With its recent acquisition of UK-based design firm Brilliant Basics, Infosys has managed to bag banking deals for its Finacle product, which could give a much-needed fillip to its platforms business. Sanat Rao, Chief Business Officer and Global Head of Finacle, told BusinessLine over the telephone that the software major was able to get orders from three banks recently, including two in West Asia and one in the US.

As New Infosys CEO, Salil Parekh Has a Herculean Task In Managing Expectations Of Various Stakeholders

Salil S Parekh, the former executive of Capgemini who will take over as the new chief executive officer at Infosys, has an unenviable task at hand. From addressing the stakeholder concerns to managing investor expectations to taking the company through a big transformation, Parekh has a work which is truly herculean. Above all, his relationship with both the founders and the board will be closely watched.

5 Challenges Salil Parekh Has At Hand As New Infosys Boss

NEW DELHI: On Saturday, India’s second-largest software provider Infosys announced the appointment of Salil S Parekh as their new MD (Managing Director) and CEO (Chief Executive Officer), bringing an end to a three-month search. Parekh who joins the company from French IT services company Capgemini has been appointed a five-year term and will take office from January 2, 2018.

Getting A New CEO Was Just The First Of Infosys’s Many Problems

Infosys may have overcome a big challenge by finding a new chief executive, but that’s not even half the battle won for the country’s second-largest IT services company which has been struggling for years to regain industry-leading growth. On Dec. 02, Infosys said it has appointed 53-year-old Salil S Parekh as its CEO and managing director effective Jan. 02, 2018. An IIT-Bombay alumnus, Parekh joins Infosys from French IT services company Capgemini where he was a member of the group executive board, roughly equivalent to a deputy CEO’s post.

Nandan Nilekani To Ease Infosys’ New CEO Salil Parekh’s Transition

Infosys Chairman Nandan Nilekani will oversee a smoother transition of running the country’s second-largest software exporter once CEO-designate Salil S Parekh takes over in January, learning from the culture clash encountered during former chief executive officer Vishal Sikka’s tenure. Sikka, a former executive of SAP, led Infosys from his office in Palo Alto in the US for three years before he quit in August citing personal attacks.

Parekh Right Choice For Top Job At Infosys, Say IT Experts

Salil S Parekh’s experience in handling multi-cultural work environment combined with his strong grip on technology and sales make him the perfect choice for leading Infosys, say IT industry experts. Parekh was named as the CEO and Managing Director of Infosys and is slated to take charge at the helm of India’s second largest IT firm on January 2, 2018 for a period of five years.

Salil S. Parekh Appointed CEO and MD of Infosys

Infosys Ltd. on Saturday named Capgemini veteran Salil S. Parekh as CEO and MD, filling the vacancy created at the top following the sudden resignation of Vishal Sikka on August 18. Mr. Parekh, who holds Master of Engineering degrees in Computer Science and Mechanical Engineering from Cornell University and was a member of the Group Executive Board at Capgemini, will join Infosys on January 2, 2018.

Infosys Hires Salil Parekh as CEO and MD

Ending a three-month-long search, Infosys on Saturday named Salil S Parekh, a member on the board of its global rival Capgemini, as its new chief executive officer (CEO) and managing director (MD). The previous CEO, Vishal Sikka, quit on August 18 this year. Parekh will join Infosys on January 2 next year.

New Infosys CEO Parekh Seen As A Determined Man

Salil S Parekh, the new CEO of Infosys, is described as a soft-spoken yet determined man by those who know him. And, they said, these skills will certainly come handy when he takes over the top role at India’s second largest IT company that is recovering from a year-long acrimony between the previous management and the founders, led by NR Narayana Murthy.

From Hunter To Gatherer: Why Part-Exiting Flipkart, Ola Is A Prudent Move By Tiger

New York-based investment firm Tiger Global has seen all seasons of startup investing in India—a full-of-promise spring in 2005-10, a heady summer during 2011-15, and an ensuing cold winter. The prolific investor now appears determined to harvest, seasons be damned.

What The Analysts Think Of Infosys’ Chief Salil Parekh

Infosys said today that its Board of Directors has appointed Salil S Parekh as Chief Executive Officer and Managing Director (CEO & MD) of the company effective January 2, 2018. The appointment ends a nearly four-month long search for the top job at India’s second largest IT services firm.

Alia Bhatt Joins Long List Of Star Startups Investors: Why Entrepreneurs Rope In Celebrities

The most popular way to start up would be to have an idea, funds and then the best heads to run it. Of course not necessarily in that order always. But even if you get the fundamentals right, that will not ensure your startup will be the talked about and known. Having a celebrity to not only endorse but also to put her money in the venture seems to work wonders in the overcrowded startup space. The latest celebrity to invest in a startup is Bollywood star Alia Bhatt who has taken a minority stake in fashion tech startup StyleCracker.

Nokia 2.0: Connecting People, Yet Again

A smooth and updated android experience, an upgradable customer segment and design is what HMD Global is focussed on to bring the Nokia name firmly in the spotlight for smartphones.

Quikr Plans To Deliver Groceries At Your Doorstep

Online classifieds platform Quikr plans to roll out an on-demand delivery service, taking on the likes of Swiggy, BigBasket and Amazon Now.

IBM Brings Cloud-Native Environment To Private Clouds

IBM has announced a new IBM Cloud Private software platform to help companies unlock billions of dollars in technology investment in core data and applications and extend cloud-native tools across public and private clouds.

Indian Businesses Onboard Facebook Messenger Setting Up Rivalry With Whatsapp

Businesses in India such as BigBasket, Swiggy and HouseJoy are quietly signing up for a Facebook feature that allows them to target, connect, and transact with customers on Messenger, the social media giant’s instant messaging platform.

Memo To Infosys: Stop Squabbling With Murthy And Get Back To Work ASAP

There was a time when the Infosys’s quarterly results set the tone for the $150 billion Indian IT service sector’s performance. The bellwether’s numbers influenced not just its own shares but even the benchmark IT indices on Indian bourses. But on Oct. 24when the country’s second-largest IT company posted its financial results for July-September 2017 (Q2), the spotlight wasn’t on its net profit or revenue. Instead, it was mostly on the tussle between founder NR Narayana Murthy and the newly-appointed leadership.

Amazon Echo, Echo Dot, Echo Plus Alexa-Powered Smart Speakers Launched in India; Prime Music Coming Soon

Amazon said it is bringing Alexa as well as Amazon Echo, Echo Dot, and Echo Plus smart speakers to India, its fastest growing marketplace, as the company looks to extend its lead over Google Assistant-powered Google Home, and Apple’s Siri-powered HomePod in the smart speakers market. The company also said it will soon be bringing Amazon Prime Music, its music streaming service in the country. India is the fourth market after the United States, the United Kingdom, and Germany where Amazon has officially made Alexa and its smart speakers available, the company said.

Busting The Myths of Artificial Intelligence

Conversations on Artificial Intelligence (AI) range from the extremely progressive views on the possibilities it offers to the other side of the spectrum where the chatter is all humdrum and the fear of losing jobs to machines overtakes everything else. Well, the fact is, both perspectives are right and matter equally.

How The Oldest IT Company IBM Is Discovering Its India Story

A sense of excitement, of jumping into something green or greener, pervades right through IBM India offices today. The organisation is in the midst of transforming itself to focus on the Indian market. It is metamorphosing with the aim to grow the more profitable India business, even as globally IBM has reported 21 quarters of declining revenues.

Reviving Growth: To Solve Jobs Mess, Boost Entrepreneurship By Easing Processes To Start Up, Shut Down

With less than two years to go for the next general election, the government’s report card has become too unpleasant with failures at multiple levels. The economic situation is so bad that State Bank of India in a recent report pointed out that slowdown that is now experienced is real and not technical. Many economists have called for more public spending to arrest the slide. Clearly, the biggest blot on the government as of now is the miserable failure in keeping the promise to create millions of jobs.

The Google-HTC deal is good for Google, bad news for Apple and Samsung: Analysts

Google’s announcement that it would acquire the bulk of HTC’s smartphone research and design division came as a surprise, but it wasn’t entirely unexpected.

How iPhone 8, iPhone X Will Impact The Premium End Of Smartphone Market

Analysts say that Apple has created a new “premium-plus” category with the new launches, but the biggest beneficiary could be the iPhone 7.

India Still Not Apple Of Tim Cook’s Eye?

Apple’s new iPhones will be available in India at the same time as in the US and other major markets. Yet, Apple seems to have ignored India in some other areas, which could indicate its market priorities. Before launching the iPhone 8, 8 Plus and the X, Apple CEO Tim Cook showcased two of the company’s important products — the Apple Watch and the Apple TV 4K. While the company won’t be launching the cellular version of the Apple Watch in India, the Apple TV 4K is also expected to be launched in the country only by next year.

To Communicate Empathy, IT Companies Must Let The Actions Do The Talking

Earlier this week I accidentally came across a video from a multinational that makes enterprise software aimed to help organizations better manage operations and customer relations. This video features the company’s top honcho who talks at length about how their company is establishing trust with customers and employees using ’empathy’. To set the context for the commentary below, I have been tracking this company over the past decade and have a solid understanding of their technology, operations, people, and culture.

About Time Technology Executives Stop Drinking The Marketing Kool-Aid

As an industry analyst, I have the privilege of attending global industry events and exchanging ideas with some of the brightest executives from the world of technology. While I may not always agree with these executives and their employers’ perspectives, the discussion is almost always intellectually stimulating.