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Showing posts from August 8, 2017

Avaya to exit Chapter 11 as an important milestone

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Avaya has released a statement on August 7, 2017, announcing that it has filed an amended plan of reorganization and disclosure statement, with the support of major stakeholders, representing an important milestone in the company’s restructuring process and giving a “clear and viable path to emerge from Chapter 11 in the near term”.  Vishal Agrawal, Managing Director, India and SAARC, Avaya, said that while Avaya Inc. has been working through the Chapter 11 process in the US, India business has progressed strongly. “This agreement provides a clear and viable path to exit Chapter 11 in line with our strategy. This is an important milestone as we work to emerge as a strong and competitive company in the coming weeks.” Read More

OnePlus makes available OnePlus 5 Soft Gold edition

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Following the overwhelming response to OnePlus 3/3T Soft Gold variants last year, OnePlus has decided to launch a limited-edition Soft Gold OnePlus 5. By further developing the sandblasting process, the finish of the Soft Gold OnePlus 5 is 30% finer than that of the previous OnePlus Soft Gold devices. Speaking on the new launch, Vikas Agarwal, General Manager, OnePlus India, said, “As a maker of the most beautifully designed smartphones, it gives us immense joy to introduce the latest OnePlus 5 with even more refined and elegant Soft Gold finish this festival season. The latest OnePlus 5 Soft Gold will appeal to those who are looking for the perfect balance of beautiful design and powerful features." Read More

ITR filings for 2016-17 grow 25%

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Post demonitisation, there is big impact in the Tax collection and the number of I-T returns filed for the year 2016-17 grew by 25 per cent to 2.82 crore, as increased number of individuals filed their tax returns post demonitisation, the finance ministry said. The growth in ITRs filed by individuals is 25.3 per cent with over 2.79 crore returns having been received up to August 5 as against over 2.22 crore returns filed in the corresponding period last fiscal. The total number of returns filed as on August 5 stands at over 2.82 crore as against over 2.26 crore filed during the corresponding period of 2016-17. This was an increase of 24.7 per cent compared to growth rate of 9.9 per cent in the previous year.... Read More

Netflix acquires Millarworld

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Netflix buys comic book publisher Millarworld it is company’s first acquisition. According to Netflix’s press release, the purchase is part of the company’s efforts to “acquire intellectual property and ownership of stories featuring compelling characters,” for upcoming Netflix Originals, which are increasingly becoming a critical part of the streaming service’s offerings.  The company will be looking to adapt both existing Millarworld franchises, along with new stories developed by Mark Millar and the Millarworld creative team going forward. Ted Sarandos, chief content officer, Netflix said..... Read More

Much-anticipated I Phone 8

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Just a couple of month left for I phone to arrive with it’s newer version of iphone 8, could have with the most expected wireless charging. Wireless charging coil, giving fuel to the rumours of wireless charging. Apple has a major iPhone redesign planned for 2017, with a glass body and edge-to-edge OLED display that does away with the Home button and perhaps replaces Touch ID with a new facial recognition system. The new iPhone may be sold alongside upgraded (but standard) 4.7 and 5.5-inch iPhones.... Read More