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Showing posts from January 14, 2017

MediaTek trains 43 NIELIT Professionals on mobile design

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MediaTek has trained 43 NIELIT (National Institute of Electronics & Information Technology) professionals for 45 days on mobile handset design at International Trade Institute, ministry of economic affairs, Hsinchu, Taiwan.  To mark the completion of the progarmme, a felicitation programme was organized at Taiwan, which was addressed through video conference by Aruna Sundarajan, secretary, MeitY, senior officers from MeitY, NIELIT, ICA, MediaTek and others... Read More  

TCS appoints Rajesh Gopinathan as CEO; NG Subramaniam as COO

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Tata Consultancy Services (TCS) has appointed Rajesh Gopinathan as chief executive officer and managing director and NG Subramaniam as chief operating officer.  Gopinathan takes over from N Chandrasekaran who has been appointed as the chairman of Tata Sons, effective February 21, 2017. N Ganapathy Subramaniam, (NGS) who is currently president, TCS Financial Solutions has been appointed as the president and chief operating officer. Ganapathy has also been appointed as a director on the board of the company. “I am absolutely delighted that the board has chosen both Rajesh and NGS to lead this company into the future. I am proud of the capability they have to take TCS to greater heights. I look forward to a continued relationship with TCS and the management team,” said N Chandrasekaran, chairman, Tata Sons.... Read More

Arun Jaitley launches Airtel Payments Bank; Commits investment of Rs 3,000 Cr

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Airtel Payments Bank, India’s first payments bank was launched by union minister of finance and corporate affairs Arun Jaitley nationally, and is now live in all 29 States of India. Also present on the occasion were Sunil Bharti Mittal, chairman, Bharti Enterprises; Uday Kotak, executive vice chairman & MD, Kotak Mahindra Bank; Gopal Vittal, MD & CEO (India & South Asia), Bharti Airtel; and Shashi Arora, MD & CEO, Airtel Payments Bank.   Airtel Payments Bank will commit an initial investment of Rs 3,000 crores to develop a pan India banking network and digital payments ecosystem for IT, manpower, marketing and distribution.   Speaking on the occasion, Sunil Bharti Mittal said, “Just like mobile telephony leapfrogged traditional telecom networks to take affordable telecom services deep into the country, Airtel Payments Bank aims to take digital banking services to the unbanked over their mobile phones in...

N Chandrasekaran appointed chairman of Tata Sons

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The board of directors of Tata Sons, at its meeting has unanimously appointed N Chandrasekaran as executive chairman, Tata Sons. N Chandrasekaran shall take charge from February 21, 2017. The board of Tata Sons said, “Chandrasekaran has demonstrated exemplary leadership as the chief executive officer and managing director, Tata Consultancy Services. We believe he will now inspire the entire Tata group to realise its potential acting as leaders in their respective businesses, always in keeping with our value system and ethics and adhering with the practices of the Tata group which have stood it in good stead.” Chandrasekaran was the chief executive officer and managing director of Tata Consultancy Services since 2009. A Tata lifer, he had joined the company in 1987 and was appointed as a director on the board of Tata Sons on October 25, 2016.

Gionee to double revenue in 2017

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Gionee, a leading smartphone brand is planning to double its revenue in 2017 to reach Rs 8,000 crore.  In 2016, Gionee claims to have sold one 1.25 million devices to reach a turnover close to Rs 3,200 crore. The company also claims to have grabbed 5 per cent market share in India.   Spending heavily across consumer touch points the young brand has been associated with major sports including cricket, football, kabaddi and badminton. As a part of intense brand building initiatives, the company has co-sponsored the Premier Badminton League as a mobile partner and ODI trophy. The brand will also continue to sponsor all cricket matches till March 2017... Read More