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.

IT Industry Wants To Collaborate With Government, Academia For Reskilling

It took just 25 years for IT to become pervasive in India. The proliferation of mobile phones, reduction on duties for components, coupled with the Government of India’s Digital India and Make in India policies, have been the main drivers of this growth.

Axis Bank buys FreeCharge for USD 60 Million

Snapdeal is finally selling off FreeCharge, its mobile transactions platform, to private sector Axis Bank. The bank said in a communication to the Bombay Stock Exchange that it has entered into a share purchase agreement with Jasper Infotech Private Ltd, Snapdeal parent, to acquire 100 percent equity in FreeCharge for a consideration of Rs 385 crore.

MobiKwik Stops Cashback To Start Loyalty Programme, Reduce Burn By 25%

Just like the growth of ecommerce companies in India was fuelled by discounts, mobile wallet companies such as Paytm and MobiKwik grew on the back of cashbacks — sometimes as high as 100% of the transaction amount.

Oracle Launches Cloud Computing Service For India To Push GST Rollout

Technology giant Oracle has launched its cloud computing service for India, which aims to support the government’s GST rollout in July and plans to open data centres in the country. Analysts welcomed this move.

Oracle Launches Cloud Computing Service For India

Technology giant Oracle has launched its cloud computing service for India, which aims to support the government’s GST rollout in July and plans to open data centres in the country. Analysts welcomed this move.

Facebook Tying Up With Entrepreneurs To Solve India’s Low-Internet Connectivity Problem

In attempt to end India’s poor connectivity problem, Facebook is tying up with entrepreneurs to set up Wi-Fi hotspots in public places across the country. It’s being called ‘Express Wi-Fi’, the project will provide internet connectivity to people in zero connectivity areas.

Facebook Brings Express WiFi To India, Partners With Airtel For 700 Hotspots

Called Express WiFi, the new programme, which is a follow up of the banned Free Basics platform, ties up with entrepreneurs to help them set up public WiFi hotspots and helping them provide internet to a lot of citizens in poor or no connectivity areas — the “intent” behind Free Basics platform.

Apple iPhone To Be Made In Bengaluru: Will Boost The Component-Manufacturing Ecosystem In India

Apple iPhones will be made in Karnataka. The government of Karnataka on Thursday said that it welcomed a proposal from Apple Inc to begin initial manufacturing operations in the state, in a sign that the tech company is slowly moving forward with plans to assemble iPhones in the country.

The New Era Of Startups

The startup ecosystem has become a hot topic for all and sundry. They have taken off and matured because of various factors such as availability of funding, consolidation activities by a number of firms, evolving technology space and a burgeoning demand within the domestic market has led to the emergence of startups.

Note Ban Chokes Handset, Electronics Business

Handset and electronics business, one of the sectors worst hit by demonetisation, are looking at the government for relief.

印度政策已经放宽 苹果为何还不开设零售店

今年 7 月份印度政府决定放宽该国的海外直接投资(FDI)标准相关的限制,以便于特定地区的外国公司在印度国内建立运营业务,包括建立单一品牌的零售店在内。这就意味着苹果公司可以在印度国内无障碍地开设自己的零售店了。当地果粉听闻这条消息时应该是很高兴的。

So When Is That Elusive Apple Store Coming To India?

India’s wait for its first Apple-owned store is not going to end soon. In June, the Narendra Modi government had paved the way for Apple to open direct stores in the country—almost a decade after iPhones first started selling here. And while Apple’s Indian fans rejoiced at the decision, it now appears that they may have celebrated too soon.

Demonetisation: How TCS, Which Counts RBI & Other Banks As Clients, Changed Back-End Systems Overnight

Late on the evening of November 8, 10 executives at Tata Consultancy Services got on a conference call to discuss how to ensure that their banking customers will be able to comply with Prime Minister Narendra Modi’s demonetisation announcement.

Grocers Suffer As Wholesalers, Distributors Still Not On Paytm

The government’s demonetisation of ₹500 and ₹1,000 currency notes has led to the meteoric rise of Paytm, India’s largest digital wallet and payment company.

Demonetisation: How Infoscions Are Coping With Change

When Vishal Sikka took over as the first non-founder CEO of Infosys, amongst the half-a-dozen initiatives he undertook there was one that went unnoticed. Employee identification cards were tweaked and a new technology-enabled facility was incorporated into the ‘dog tag’ — a commonly used term for employee ID cards in the technology sector. An employee in addition to getting into the company, logging into the system could also link a bank account to the card and top it up for transactions within Infosys campus.

How Jabong Dropped The Ball In Its Battle With Myntra

On July 26th, Gaurav Alagh, a former journalist turned entrepreneur, was having a bit of a bad day and he was getting rilled up on Twitter. His navy blue polo T-shirt hadn’t come in, which he had ordered from fashion e-commerce start-up Jabong on July 17th. This happened to be the very same day Flipkart’s subsidiary Myntra had announced that it had acquired the start up, it once trailed for an undisclosed amount.

Building A Company Is Larger Than Just Raising Money And Cashing Out

20 Quotes From Indian Startup Journeys…

The future is in platforms Sanchit Vir Gogia, Chief Futurist, Founder and CEO of Greyhound Knowledge Group.

Source: YourStory.com

India’s Tech Center Underdog Fights Back

Considered to be one of India’s most developed cities, Pune is making a name for itself as a go-to tech hub in the country. In recent years, the city has seen an exponential growth of its startup community and may be on its way to taking the country’s startup capital top spot.

Why AWS Announcement Heralds Public Cloud War In India

On 28 June, when Amazon Web Services (AWS) announced the launch of its sixth Asia Pacific (APAC) Region in Mumbai, India, it did nothing short of telling its competitors firmly, especially Microsoft and IBM, that it was stepping up its no holds barred campaign to dominate the public cloud space.

It was hardly any surprise then, that Microsoft was forced to follow up with an aggressive cloud campaign the very next day.

AWS now has a total of 35 Availability Zones across 13 geographic regions. As AWS points out, these zones comprise one or more discrete data centres, each with redundant power, networking and connectivity, housed in separate facilities.

Indian startups witness a sharp 59% fall in funding in Q2 2016: Report

Startup firms in India raised $583 million (about Rs 3,915 crore) in the second quarter this year, a sharp fall from the $2333 million (about Rs 15,666 crore) they raised a year ago, indicating falling valuation and a bearish signal from investors.

On Top Of Cloud

As oracle programmers rewrite fresh codes for its cloud services, the company is scripting a new history. It is transforming itself into a cloud-first company. Some industry watchers might argue that it is a tad late in entering the realm of cloud, but Oracle will tell you it doesn’t matter; it is scaling up faster than all others.

One Year On, What’s Plaguing Digital India’s Success?

aPM Narendra Modi’s highly ambitious Digital India Program completes a year of its existence today. In the last one year, several initiatives were announced by the government – from the launch of MyGov.in portal to BharatNet and E-sign to Wi-Fi hotspots.

Who Should Be Your Cloud Driver On The Digital Highway?

It’s not an easy task to choose a cloud computing services provider, especially when companies like Amazon Web Services Inc. (AWS), Microsoft Corp., International Business Machines Corp. (IBM), Hewlett-Packard Co., Dell Inc., Oracle Corp. and VMware Inc. are pulling out all the stops to win customers in India.

“Snapdeal is well-positioned to turn profitable in the next 2-3 years”- Kunal Bahl, CEO

Snapdeal recently expanded their e-commerce marketplace to include more service offerings through a ‘one-of-a-kind partnership’ with Zomato, Cleartrip, UrbanClap, and redBus. Now in a recent interview with Livemint, Kunal Bahl, CEO, Snapdeal, said that the company is now focusing on net revenue instead of gross merchandise value (GMV) and the new focus is part of another big change at the e-commerce marketplace.

Snapdeal May Die A Slow And Painful Death

On June 8, American e-commerce major Amazon announced an additional $3-billion investment in India, making clear its intention to win in the country. This throws up a massive challenge for all homegrown e-commerce companies, among which Snapdeal could be hurt the most.

Will Pune Outpace Bengaluru To Become India’s Next Startup Hub?

Maharashtra CM Devendra Fadnavis recently expressed the state government’s intention to develop Pune as the startup hub for Maharashtra. He went on to say that Pune could be the startup hub of the country.

Amazon Opens Data Centres In India

As a part of its commitment to invest $5 billion in India, Amazon on Tuesday launched its first set of India data centres in Mumbai to cater to cloud computing services here unleashing a new race for the top cloud provider position in India.

Amazon Launches First Cloud Data Centre In Mumbai

As a part of its commitment to invest $5 billion in India, Amazon has launched its first set of India data centres in Mumbai to cater to cloud computing services here unleashing a new race for the top cloud provider position in India, said a report in the Hindu.

Karan Bajwa to join IBM

IT veteran Karan Bajwa, who was the Managing Director of Microsoft, is set to join IBM. Bajwa tweeted that he is a reborn IBMer. He was in charge of sales and marketing operations of Microsoft.

AWS Announces New Asia Pacific Region – Here’s Why It Matters!

On Tuesday, 28 June 2016, Amazon Web Services (AWS) announced the launch of its sixth Asia Pacific (APAC) Region in Mumbai, India.

The new AWS Mumbai Region consists of two separate Availability Zones at launch. This news is part of the company’s plan to expand its Asia Pacific footprint wherein it announced the launch of its South Korea (Seoul) Region barely six months ago. It is important to see this announcement in light of other investments that AWS is making broadly in India including technical support centres, investments in partner network among others. Of all key investments, one that is important to note is the 3rd AWS Point of Presence (PoP) in Delhi (after Mumbai and Chennai) for its Content Delivery Network (Amazon CloudFront) and DNS service (Amazon Route 53).

India Plays Hard To Get As Zuckerberg , Tim Cook, Jack Ma, Nadella Come Calling

Tim Cook started his India tour with an obeisance to Lord Ganesha, the favourite deity of those in trouble, at Mumbai’s Siddhivinayak temple. Cook did not put all his faith in religion alone, he also leaned on India’s other obsessions. The same day, he met the crew of Azhar, a movie loosely based on — talking of obsessions — the life of former cricketer Mohammad Azharuddin.

Dell Addresses Foundation Needs For A Digital Economy with Aarambh

Advocating the purpose of the ‘Digital India’ campaign by the Government of India, Dell India, powered by the cause of increasing PC access and adoption, in the country, announces the launch of Aarambh – a pan India initiative aimed at spearheading the use of the personal computer (PC) for education.

Dell India Announces The Launch Of Aarambh

Dell India announces the launch of Aarambh – a pan India initiative aimed at spearheading the use of the personal computer (PC) for education. The project is founded on the understanding that exposure to interactive methods of learning in the developmental years, most easily delivered by using a PC, contributes to the well-rounded growth of a student.

Dell Addresses Foundational Needs For a Digital Economy With Aarambh

Advocating the purpose of the ‘Digital India’ campaign by the Government of India, Dell India, powered by the cause of increasing PC access and adoption, in the country, announces the launch of Aarambh – a pan India initiative aimed at spearheading the use of the personal computer (PC) for education.

Dell Addresses Foundational Needs For A Digital Economy With Aarambh

Advocating the purpose of the ‘Digital India’ campaign by the Government of India, Dell India, powered by the cause of increasing PC access and adoption, in the country, announces the launch of Aarambh – a pan India initiative aimed at spearheading the use of personal computer (PC) for education.