VARINDIA IT MAGAZINE

Olive Data Centre Appoints Ashis Guha as CEO - APJ:  Olive Data Centre , a top-of-the-line cloud service provider catering to niche customers, today announced the appointment of   Ashis Guha   as the CEO for Asia Pacific & Japan region. He will be based out of Melbourne, Australia, and will be working closely with   Pravin Mohite, CMD, Olive Data Center .   Talking about the appointment, Pravin Mohite, CMD, Olive Data Centre said "I am very excited to welcome Ashis into our company Olive, which is growing and expanding its DC, private cloud business across Asia. He brings in tremendous experience, and with his record and ability to strategically grow business, I am confident that we will benefit from his industry expertise and take the company to newer heights together. He will be heading overall business strategy and expansions across APJ and will assist me for global data centre expansions”   The company is planning to scale its data center capacity t...

mFine bags Rs 251 Cr in Series C round led by Beenext:  mFine   has raised Rs 251 crore or SGD 46.06 million in its Series C round led by existing backer   Beenext   and participated by several others. This is the second fundraise for the Bengaluru-based venture this year.   Beenext led the round with SGD 13.55 million Rs 74 crore while Helios Heritas and 57 stars Meditech have invested SGD 10.82 Rs 59 crore million and 9.51 million Rs 52 crore respectively, the company’s regulatory filings in Singapore show.   Existing investor  SBI Ven Capital  has put in SGD 8.11 million Rs 44.2 crore whereas Seabright has invested SGD 2.71 million. Rs 14.8 crore YS Investments has participated in the Series C round with SGD 1.35 million. Rs 7.4 crore... Read More

Flipkart is all set to host its Big Billion Days sale from October 3 2021:  The popular e-commerce platform   Flipkart   will be starting its   The Big Billion Days sale on October 3 . As part of the sale, several smartphones will be available with steep discounts. Additionally,   Axis Bank   and   ICICI Bank   debit and credit cardholders can get an additional 10% instant discount.   The homegrown e-commerce giant, now controlled by Walmart, however, now advancing the opening date to October 3 and the sale will now end on October 10   In a communication to employees,  Flipkart Group CEO Kalyan Krishnamurthy  said TBBD is critical for lakhs of sellers as they continue to strive to revitalise their businesses after the pandemic and noted that the event also generates a massive scale of employment across the supply chain - helping make "the festivities a reality for numerous households".... Read More

Various Bank Union and Political parties to join the Bharat Bandh on 27th Sept:  The   Samyukt Kisan Morcha (SKM) , the umbrella body of over 40 farm unions leading the farmers' agitation against the Centre's three farm laws, has called for nationwide strike -  Bharat Bandh   - on 27 September, the day their ongoing protest completes 10 months.   Several opposition parties have backed the farmers' demand for a bandh. While  Punjab Chief Minister Charanjit Singh Channi  has backed the bandh,  Tejashwi Yadav , the Leader of the Opposition in the Bihar Assembly, has said he will join the countrywide protest.   All government and private offices, educational and other institutions, stores, factories and commercial enterprises, as well as public events and activities, will be closed across the nation from 6 a.m. to 4 p.m. during the bandh... Read More

COVID-19 accelerates mobile wallet adoption across Asia-Pacific:  Mobile wallet adoption and usage is poised for major growth in the next few years in the Asia-Pacific (APAC) region, and thereby displace traditional payments such as cash and cards. The   COVID-19 pandemic   has accelerated the trend as mobile payment has emerged as one of the few areas in the whole payments industry that has seen a positive impact from the pandemic, according to GlobalData, a leading data and analytics company.   APAC markets like China and India have been aggressively promoting mobile wallets, putting them in place far ahead than their Western counterparts. Other markets within the region are also catching up with countries like Thailand and Vietnam now emerging as the top adopters of mobile wallets globally... Read More

Surojit Dasgupta to head Lookout as Country Manager:  Surojit Dasgupta   has joined as the Country Manager India and SAARC in   Lookout   and will be overseeing as the sales and marketing efforts in the region. Before this Surojit was heading Forescout as the Channel Director.   Surojit will be responsinle for growing the Lookout business across the continent and building brand awareness about the value of the Lookout Security Platform.   Don Tan,VP Sales APJ  said on the appointment , India is an important growth market for Lookout. Surojit’s experience and expertise in the security industry makes him a natural fit for this position. He will work with our leadership team to define and execute a sales strategy for the region and build long-term relationships with our customers and channel partners... Read More

Neeraj Chopra brand value escalated to Rs. 428 crores digitally:  Indian athlete Neeraj Chopra   has become a global sensation after successfully getting the first gold medal in 2020   Tokyo Olympics . He not only is number one in sports, but has also recouped his social status globally by getting 2297% increase (4.4 million currently) followers on Instagram.   According to a report by  YouGov SPORT , Neeraj Chopra recorded over 2.9 million mentions from over 1.4 million authors, making him the ‘most mentioned’ athlete globally on Instagram during the 2020 Tokyo Olympics, resulting in achieving him a staggering 412 million through social media. These numbers have combined to take the athlete’s social media valuation to a total of ₹428 crores.... Read More

MS Dhoni, Anand Mahindra join the 15-member Defence Ministry Panel on NCC:  After appointed as the mentor of the Indian Cricket Team for T-20 world cup,   MS Dhoni   has been included in a 15-member committee of reviewing and reinforcing the   National Cadet Corps (NCC)   along-with industrialist   Anand Mahindra, chairman of Mahindra and Mahindra .   The former Indian captain has been honored with the designation of Lieutenant Colonel in the  Indian Army .   The committee, lead by former legislator Baijayant Panda also includes Col. (Retd.) Rajyavardhan Singh Rathore, Rajya Sabha member Vinay Sahasrabuddhe, Principal Economic Advisor of Finance Ministry Sanjeev Sanyal and Jamia Millia Islamia Vice Chancellor Najma Akhtar. Many other dignitaries are also involved in this panel... Read More

Centre announces big reforms in auto, telecom sectors:  The   cabinet   has come out with a strong move to push the economy and announced some big reforms in the automobile and telecom sectors of India ,starting from production-linked incentive (PLI) scheme to rationalising AGR definition to digitising KYC.   Union minister Anurag Thakur   said the government has approved the PLI scheme in the auto and drone industries. At the same time, the   Telecom Minister Ashwini Vaishnaw   said the Union cabinet rationalised the adjusted gross revenue (AGR) definition by excluding non-telecom revenue of telcos from payment of statutory levies. AGR refers to revenues that are considered for payment of statutory dues.   He said Rs 26,058 crore has been allocated to both these sectors for the next five years -- Rs 25,938 crore to the auto sector and Rs 120 crore to the done sector. It is expected to bring in investments close to Rs 4,75,000 crore over the next ...

Recent tariff changes to benefit Vi, Airtel, Jio:  The three private telecom operators of the nation,   Vodafone Idea ,   Bharti Airtel , and   Reliance Jio   will certainly benefit from the recent changes in tariffs and offers provided to the customers. In the September quarter, multiple things took place, such as telcos removed their base plans to earn more out of low average revenue per user (ARPU) customers. Then the telcos introduced bulk data plans with new validities, which were slightly on the more expensive end. Telcos even withdrew the offers and benefits (talktime and data) that they were providing to their customers.   Due to this consumer spending is going to increase substantially, which will help the operators in increasing their ARPU. With their ARPU slightly increased, the operators are expected to continue exploring ways to expand their subscriber market share until 5G comes, but that is a topic of discussion for some other day.   The...

Fidelma Russo to join in HPE as the new CTO:  Hewlett Packard Enterprise   announced that   Fidelma Russo   has been named Chief Technology Officer for the company. Fidelma will lead the innovation agenda and technology roadmap for HPE and manage the design and development of the HPE Greenlake edge-to-cloud platform. The appointment of Russo comes with HPE in the midst of a “massive acceleration” of the GreenLake edge-to-cloud platform-as-a-service development effort.   “We are excited for Fidelma to join the HPE team in this important role,” said  Antonio Neri, President and CEO of HPE . “Fidelma brings deep expertise in cloud services, software, and infrastructure built on an extensive career in technology. Her diverse experience makes her distinctively suited to drive innovation as we accelerate our transformation and bring differentiated solutions to the market.”   "I am thrilled to be joining Hewlett Packard Enterprise, a company with a deep herit...

Apple unveils iPhone 13 Pro and iPhone 13 Pro Max:  Apple   today introduced the new   iPhone 13   series at the California Streaming Apple event comes with an upgraded A15 processor and longer battery life. Apple has also announced the   iPhone 13 mini ,   iPhone 13 Pro   and   iPhone 13 Pro Max   by pushing the boundaries of what’s possible in a smartphone.   The most advanced pro camera system ever on iPhone; Super Retina XDR display with ProMotion, a massive leap in battery life; A15 Bionic, the fastest chip in a smartphone; an advanced 5G experience; and so much more. Apple iPhone 13 series sale in India starts from September 24.   iPhone 13 comes in three storage options. The base iPhone 13 128GB price in India is set at Rs 79,900. Apple has also launched the iPhone 13 256GB and 512GB storage options in India. The iPhone 13 price in India for the 256GB storage variant is set at Rs 89,900, whereas the 512GB can be bought for Rs...

Apple plans to spend more than $500 million on Apple TV+:  Apple   has its plans in place to spend more than $500 million on marketing its streaming service,   Apple TV+ , this year. The   iPhone   maker also intends to significantly increase its output of new TV shows and movies to at least one a week in 2022, more than double its pace this year, according to The Information. Apple’s move to splurge on content and marketing comes as it tries to fiercely compete with established players, including   Netflix , Walt Disney’s   Disney+   and Amazon.com’s Prime Video.   Apple's move to splurge on content and marketing comes as it tries to fiercely compete with established players, including Netflix Inc, Walt Disney Co's Disney+ and Amazon.com Inc's Prime Video.... Read More