Industry

Google to pump $10 billion in India, says Sundar Pichai; PM Modi’s pet scheme Digital India in focus

Google has announced its ambitious plans for India with the US-based tech giant saying that it will invest $10 billion in the country in the coming five to seven years.

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Google to invest Rs 75,000 crore to help accelerate India’s digital economy

Google plans to make this investment over the next 5-7 years through a “mix of equity investments, partnerships, and operational, infrastructure and ecosystem investments.”

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Smart data storage: How MSMEs, startups can channelise limited resources for maximum benefits amid Covid

Technology for MSMEs: Outsourcing with a third-party data center and cloud service provider helps small businesses to utilize modern IT infrastructure and updated IT services.

Xiaomi will launch the ‘made in India’ Redmi Note 9 on July 20

Xiaomi had launched the Redmi Note 9 Pro and Redmi Note 9 Pro Max in India in March.

BSE sees more listings ahead on its Startups platform; partners with IIT Alumni Council to ease process

The council, which is a global body of IIT alumni, students and faculty across 23 IITs, will work towards bringing in bringing transparency, governance improvement, market discovery of share price, pr

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Super Mario Bros. breaks new sale record 35 years after launch

Super Mario Bros. was among the first six video games to be inducted into the Video Game Hall of Fame National Museum of Play.

MacBook users, Apple has an important advisory for you; check details

Apple has recently alerted all its MacBook users regarding a practise that may harm their laptop’s display.

Lakshmi Vilas Bank looks to raise Rs 1,000 cr; in talks with investors for capital infusion

The nearly 100-year-old LVB is looking at ways to bolster its capital adequacy ratio and the merger deal with Aion Capital-backed non-banking financial company Clix Capital would bring in Rs 1,900 cro

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COVID-19: Schwing Stetter expects 15% decline in sales this fiscal

The company, which follows the calendar year for accounting, said the prolonged lockdown with no infrastructure activity in April-June quarter has negatively impacted the business in India as there wa

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Google bans ads for products that let people secretly spy on their intimate partners

Google has given an exception to private investigation services and products or services designed for parents to track or monitor their underage children from its upcoming stringent guidelines for ads

Piyush Goyal says hotels must return to normalcy but not take too much risk

Inviting suggestions over how the government can bring changes for the hospitality sector in Unlock-3 phase and help the industry, Piyush Goyal sought the recommendations that take into account the co

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HDFC Bank probes improper lending, conflict of interest in car loan unit. What did it find?

India’s most valuable lender by market capitalization decided against proceeding with an earlier proposal to extend the employment of Ashok Khanna, an 18-year veteran at the bank, after the investig

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Job openings: No freeze, but firms cautious on hiring amid covid pandemic

The total active job openings dropped from 2 lakh in April to 1.67 lakh in May, with the closing figures for June hovering around 1.32 lakh.

These numbers reflect openings at employers that are actively looking for people and accepting applications.

India Inc’s credit profile continues to worsen; 21 firms being downgraded every day on average

Close to 3,936 firms have been downgraded during this time while 593 have been upgraded. About 35% of credit ratings on Indian companies have either a negative outlook or are on credit watch with nega

Even before the pandemic made things worse, the economy was slowing with GDP growth in FY20 clocking in at an anaemic 4.2%.

Eavesdropper: If govt is serious about creating Indian apps, then it needs to look at comparative advantage

As one-fourth of TikTok’s downloads come from India, and some of the products like Helo were focused entirely on the Indian market, the move is certainly expected to hurt the Chinese.

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Teaming with AI: How Microsoft is taking on Zoom on ‘virtual background’ front

Microsoft last week announced features that will help users enable team mode, where they can sit together in a different environment.

But as work from home becomes a norm, and people get attuned to living with video calling apps, companies are incorporating more features to keep their userbase.

Wadhwani Foundation’s Sahayata initiative to assist SMEs, health workers

It has committed Rs 200 crore and is building an ecosystem of partners, including government ministries and agencies, banks, and consulting firms, to help operationalise this initiative.

The Sahayata Initiative consists of three parts: Sahayata Business Stability, Sahayata Covid-19 Skilling and Sahayata Public Health Innovation.

Steel demand deficit stood at 43% in June

Crude steel output fell 27% YoY (May -39%), with production improving MoM both for integrated and secondary steel producers.

While steel mills have hiked HRC prices, they are still 8/4% below China/FTA nations' import parity prices.

TRAI blocks Vodafone Idea, Bharti Airtel’s premium offerings; claims breach of net-neutrality rules

While Vodafone Idea’s RedX plan has been in the market since November 2019, with some modifications made in May 2020, Bharti Airtel was soon going to launch a similar plan.

If the regulator does not find it in accordance with the norms of its tariff order, it can direct the operators to drop such plans.

Samsung UV Sterilizer: Keep your belongings safe from germs

Banish 99% of bacteria and germs at the touch of a button with Samsung’s new UV Sterilizer.

The UV Sterilizer features dual UV lights that sterilise both the top and bottom surface of items that are placed inside.

OPPO A52 Review: A good pick in mid-range category with versatile cameras and powerful battery

Oppo A52 will draw your attention with its attractive design, versatile cameras and powerful battery.

For those addicted to taking selfies, the A52 sports a 16MP punch-hole front camera with f2.0 large-aperture lens, to ensure selfie optimisation under various lighting conditions.

Skilling India: How digital platforms can be used to help migrant labour acquire new skills

Digital skilling platforms can be used to help migrant labour acquire new skills in their free time, even while they are employed.

This unending cycle of migration, however, leaves them mostly in penury other than short intervals during which time they are able to earn reasonable sums of money mainly in the prime of their youth.

Airtel, Vodafone Idea’s priority plans promising faster speeds blocked by TRAI

The TRAI has written to the two operators -- Airtel and Vodafone Idea -- and questioned them about their individual plans that promised faster speeds to certain priority users.

Mukesh Ambani’s Jio Platforms raises Rs 730 crore from Qualcomm; sells 0.15% stake

The investment by Qualcomm Ventures into Jio Platforms will be made in exchange for 0.15 per cent equity stake at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

Troubled tech fund SoftBank wants to back startups in these 3 areas amid Covid; CEO outlines plan

The world’s biggest startup backer SoftBank, which has been in the spotlight in the recent past due to the poor performance and losses of its portfolio companies such as WeWork, Uber, OYO and more,

FMCG sales in fast lane! ITC, Godrej, Dabur, Emami report robust sales in rural areas

The companies are also reporting a spike in sales of health and wellness, hygiene and immunity-boosting products in these markets, apart from the food products category.

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WhatsApp beta for iPhone gets contact shortcuts, voice over improvements and more

WhatsApp has brought an update for beta users on the iPhone with improved features which also include the work-in-progress contacts shortcut feature.

Samsung  has started offering customer support through WhatsApp to provide prompt resolution to queries of consumers from the comfort of their homes
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