VARINDIA IT MAGAZINE

Juniper Networks has announced additions to its routing portfolio that expand the company’s Carrier Ethernet offerings. The new Juniper Networks ACX500 and ACX5000 routers, as well as enhancements to the Junos Space Network Management Platform software, will enable service providers to handle added capacity and accelerate service orchestration and provisioning more cost-effectively than ever before. With these new products, Juniper is continuing to build out its mobile IP portfolio to deliver a holistic approach that will enable more efficient mobile service creation. When combined with Juniper’s existing offerings, such as the Service Control Gateway and MX Series routing platforms, Juniper delivers IP/MPLS solutions that can flexibly enable new services at an optimized cost. Additionally, Juniper’s Carrier Ethernet solution seamlessly blends hardware and software to address service providers’ growing need to support mobile backhaul and metro Ethernet coverage on one common heter...

While most of the retail chains in the country are now scurrying to open online stores to cash in on the e-commerce boom in country, firms like MakeMyTrip, CarTrade, FirstCry and Lenskart are planning to build their offline presence with brick and mortar stores to woo more consumers. This is a strategy to reach out to people who still do not have access to Internet. According to reports, about 85% of the market is going to remain offline even after five years. Online shopping is convenient but it does not give that touch and feel experience, which customers would specially want. The prices of online and offline however are the same. For instance, while online travel firm MakeMyTrip has opened 18 company-owned stores in the recent past, baby and kids product portal Firstcry has taken its tally to more than 100 stores across the country... See more .

flipkart logo 150x150 Flipkart announces 2.5% more for ESOPFlipkart has set aside an additional 2.5% of its capital for expanding its employee stock ownership plan (ESOP), as India’s most-valuable startup prepares to strengthen its senior management team. The online retailer may add at least eight people in the next one year to its newly reorganized senior leadership team. The fresh 2.5% ESOPs provision is on top of about 4.35% of capital already set aside for Flipkart employees and 1.1% for employees of Myntra. Flipkart is expected to have set a side $875million out of its estimated $11 billion valuation towards ESOPs. Flipkart is aggressively hiring senior employees to strengthen its technology, finance and leadership teams. Flipkart divided its top management into three groups. The biggest step-up was for Myntra co-founder Mukesh Bansal, who took over the reins of the combined company’s entire commerce platform. Flipkart co-founder Sachin Bansal has stepped away from daily functio...