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RBI orders online marketplaces to settle seller payments in 2 days

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Reserve Bank of India (RBI) has mandated e-commerce firms to clear seller payments within two days from the date of intimation of the completion of transaction. In response to a news portal, RBI’s makes it clear that the completion of transaction here means the act of making the payment, to which presently, the majority of e-commerce companies take a week to 15 days to settle payments to sellers. It is reported that the online marketplaces have been ordered to follow the 2009 guidelines pertaining to the settlement of payments for electronic transactions involving .... Read More

eMudhra to set up R&D Facility in Bangalore

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eMudhra has launched an R&D center in blockchain-related technologies to further enhance Blockchain-based systems for Smart Cities. According to the company, a Blockchain fundamentally deals with secure transactions using cryptographic keys and this development is in line with the company’s mission to develop cutting-edge technology that brings smarter governance for smart cities. The company also plans to introduce solutions that will help various industries which require identity verification and authentication in conducting transactions across smart cities. eMudhra will also hire about 100 people to help accelerate efforts to bring about blockchain- related solutions through its R&D center.... Read More

Major Telcos preparing to introduce 5G capable Massive MIMO technology

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Major telecom operators like Bharti Airtel, Vodafone India, Idea Cellular and Reliance Jio have started preparations to bring in the latest “massive MIMO” technology into their respective networks. The massive MIMO technology is considering as a key factor in enabling 5G technology which is expected to be rolled out by 2020. According to the latest reports, brands like Bharti Airtel has already started the first round of deployment in Bangalore and Kolkata with ZTE (Chinese gear Vendor) and will soon expand to other parts too. While, the brands such as Reliance Jio and Vodafone too carried out trials of massive MIMO technology with ZTE recently.... Read More

Tata Teleservices to shut soon, prepares exit plan for staff

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Tata Teleservices that will shut its operations soon is preparing an exit plan for most of its 5,000-odd employees, which includes a notice of three to six months, severance packages for those willing to leave earlier, a voluntary retirement scheme (VRS) for elders, while transferring only a small part of its employees to other group companies. Company executives and industry insiders said the debt-laden telecom company had last month asked circle heads to leave by March 31, 2018.  "The Tata Group has always taken care of its people, but very few will get absorbed in other group companies. It is unfair to saddle other Tata companies with employees of TTSL," said a senior official. The transfer may only happen if there’s a niche set of skills needed in other firms that may match with those of employees in the telecom unit. There may be voluntary retirement schemes for the senior employees - above a particular age - that will be rolled out in the next few months. For ma...

TCL-Alcatel joins hands with Reliance Jio

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TCL Alcatel has made the purchase of its products even sweeter for its valued customers. The company has entered into an agreement with Reliance Jio and following this association the TCL Alcatel customers will benefit with upto 20 GB additional Jio 4G data.  Speaking at the association Praveen Valecha, Regional Director, TCL Alcatel India remarked, “The Indian consumer is very conscious when it comes to the value proposition of the products they purchase. Our vision is to provide premium experience of smart devices at an affordable price. Our association with Jio is the result of our constant pursuit to provide the additional benefit to our customers” Read More

Indian Promoter finds confidence in Indian IT industry : Fourth Dimension

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In a bid to move its current filing with NSE-Emerge, an Indian IT company, Fourth Dimension Solutions Limited, has decided to issue shares (three lac shares)to be subscribed by its promoter at a price which is higher than the current share price. The Indian promoter showing confidence in the Indian IT industry will subscribe the shares in the IT company at Rs. 78/- per share when the market price of the its share is being traded at around Rs. 51/- per share.  Fourth Dimension Solutions Ltd is an IT company mainly engaged in large System Integration IT projects, both in government as well as commercial segment. This is a rare instance in the history of listed entities that the promoter is subscribing shares at 53% higher than the traded price. This should give impetus to the overall market sentiments regarding the scrip. Besides this the company will also issue shares in the non-promoter category as well at Rs.78/- in a recent report .... Read More

IMEI Tampering could send you Jail for 3 Years

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With a recent mandate of Law on tampering of IMEI number- which is a 15-digit serial number of mobile devices,  - a punishable offence that can attract jail term of up to 3 years as it seeks to curb incidence of mobile theft. The move will help curb issues pertaining to fake IMEI numbers and also ease tracking of lost mobile phones. "It shall be unlawful, if a person, except the manufacturer - intentionally removes, obliterates, changes, or alters unique Mobile Device Equipment Identification Number," the Department of Telecom said in a notification dated 25 August.  The new rules called "the prevention of tampering of the Mobile Device Equipment Identification Number, Rules, 2017" bar a person from knowingly using mobile device whose IMEI number has been changed unlawfully or software that can change or tamper the unique number. IMEI is a unique ID of a mobile handsets. Since,IMEI is a unique ID of a mobile handset. Whenever a user makes a call, the call re...

Rajesh Gupta quits Western Digital- Sandisk

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Rajesh Gupta, Country Manager, India & SAARC, SanDisk Corporation, A Western Digital company, who oversees the retail sales and marketing of SanDisk Flash Memory portfolio of SD , Micro SD cards, USB and SSD products through distribution & retail channels by covering traditional small format, IT malls, LFR and E-tail channels. Established as the No.1 brand in the consumer segment for flash memory storage solutions in India , Rajesh joined SANDISK on May 2012, with 5 year and 5 month of strong work with SANDISK- WD, finally he put his paper and last date is end of October 2017. Before joining SANDISK, Rajesh had worked with Intel Corporation as the Director sales & marketing for a longer period of 15 years and 4 months as per his Linkedin profile. Rajesh is a though leader in the Industry and take right decisions at the right time, having a clear vision for the company of what lies ahead and managing people effectively to bring out the best in them. Rajesh manages co...

Amadeus Altea software got crash

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Amadeus, the Spanish travel technology that provides the software, confirmed a "network issue" had been causing disruption. Amadeus confirmed that our systems are recovered and are now functioning normally. As a result, the incident, customers experienced disruption to certain services.  This was a worldwide failure and it shows on how airports were affected after the widely used computer check-in system” Amadeus Altea” crashed. Following the news of Amadeus Altea check-in software crash, passengers worldwide could miss their holidays, lose their luggage or even be left stranded in the airport. Depending on the situation an IT glitch might not be regarded as an ‘extraordinary circumstance’, so if your flight is delayed or cancelled you could be entitled to up to £510 in compensation.... Read More

Microsoft announces success of "$1 billion Public Cloud for Public Good" commitment

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In a recent announcement, Microsoft Philanthropies has declared that it has donated cloud services to 90,000 nonprofits worldwide globally. The company has also reached its $1 billion Public Cloud for Public Good commitment a year ahead of schedule. In early 2016, Microsoft had committed to donating $1 billion in cloud computing resources, over three years, to help 70,000 nonprofit organizations digitally scale their impact and serve the public good. Building on this and deepening its commitment to non-profits further, Microsoft has also announced the formation of a Technology for Social Impact group that will work to bring cloud services to a total of 300,000 nonprofits in the next three years. This group brings new offers to create the most comprehensive suite of enterprise-grade software and services, customized to the unique needs of nonprofits. Through these offers, Microsoft aims to empower nonprofits with the new abilities to scale impact, engage more donors, and achieve...

OnePlus announces special Diwali offers

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OnePlus has announced its first wave of Diwali sale, with attractive offers and discounts on OnePlus 5 and OnePlus 3T to help consumers make the most of the festive season. During the first round of its pre-Diwali sale, the company's flagship device – OnePlus 3T will be available at a special price of only Rs.24,999 against the regular price of Rs.29,999 on Amazon.in. The promotion offer will be rolled out on the 21st of September, 2017 and continue till the 24th of September, 2017..... Read More

Capgemini acquires Lyons Consulting Group to strengthen its position in digital commerce

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Capgemini has announced acquisition of Lyons Consulting Group (LYONSCG), an award-winning digital and global commerce service provider with deep expertise in Salesforce Commerce Cloud. Headquartered in Chicago, Illinois, LYONSCG accelerates the Group's growth strategy focussed on digital, notably in North America. Along with Capgemini's recent acquisition of Itelios, a prominent European Salesforce Commerce Cloud solutions provider, this addition enables Capgemini to meet the digital customer experience needs of its clients around the world, and positions the Group as a global leader for Salesforce Commerce Cloud solutions. "LYONSCG creates world-class digital commerce experiences. With their focus on design and innovation, and their passion for nurturing talent and a customer-centric approach, they are a perfect fit with Capgemini," comments John Mullen, Head of Application Services in North America and member of the Group Executive Committee, Capgemini. ...

Cisco introduces Cisco Intersight for UCS and HyperFlex

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Cisco has unveiled Cisco Intersight, a management and automation platform for Cisco Unified Computing System (Cisco UCS) and Cisco HyperFlex Systems, marking the start of a multi-year strategic program to provide customers with clear IT advantages that support their competitive business goals. Cisco Intersight simplifies data center operations by delivering systems management-as-a-service, alleviating the need to maintain islands of on-premise management infrastructure. Complete system lifecycle management is delivered by Cisco Intersight through machine learning, analytics and automation. Application architectures are transforming with scale-out and multi-site deployment models, delivered by containers and micro-services. In addition, DevOps accelerates the rate of application development and continuous feature delivery. Cisco Intersight addresses these challenges, helping IT staff optimize operations while enjoying a more intuitive user experience.... Read More

Huawei collaborates with Intel for 5G collaboration

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Huawei has entered into partnership with Intel and launched the 3GPP 5G New Radio (NR)- based Interoperability Development Testing (IODT) to verify the 5G technologies and degree of maturity. The partnership is a sign that the industry is rapidly maturing and preparing for the upcoming commercial deployment of 5G from end-to-end under unified 5G standards. At the global 5G testing summit at 2017 MWC this February, Huawei, Intel and their telecom operator partners jointly announced that they would work to drive globally unified 5G standards through 5G testing, enhance cooperation among telecom operators, equipment manufacturers and vertical industry partners, create a unified 5G industry chain from chips, terminals, to network infrastructure and test equipment, and build a global 5G ecosystem. Commencement of IODT is a solid step taken by Intel and Huawei to realize this goal.... Read More

Palo Alto Networks enhances its Security Portfolio

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Palo Alto Networks has announced enhancements to its Traps advanced endpoint protection offering that strengthen current ransomware prevention by monitoring for new techniques and ransomware behaviour and, upon detection, prevent the attack and resulting encryption of data. Commenting on this, Bryan Norman, Chief Executive Officer, Norlem Technology Consulting, said, “Traps 4.1 takes endpoint security to the next level, and continues to bring more innovative and impressive capabilities to address the modern threat landscape. The added ransomware capabilities and ease of deployment across Windows and MacOS clients further cement Traps as a necessary standard for any organization serious about their endpoint security strategy.” Read More

OnePlus strikes partnership with Croma

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OnePlus has entered into partnership with Croma, to create more offline touch points for the experience and purchase of OnePlus products across the key cities in India.  According to the company, the partnership with Croma will ensure easy accessibility of OnePlus products. At Croma, all OnePlus products will be available for sale at the same price as online channels and would include consumer offers as are available on all other authorized channels. Additionally, customers will benefit from promotion campaigns run by respective Croma stores.... Read More

Vodafone superNet4G spread over 800 towns in Karnataka

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Vodafone India continues its aggressive network investment in Karnataka to provide the best data experience to its 7.78 million subscribers. With the rollout of 5,400+ new sites, Vodafone services are now present in 11,000+ towns in Karnataka. With this addition, Vodafone SuperNet 4G is now present in 800+ towns in the state. These state-of-the-art sites strengthen Vodafone’s network in Karnataka, providing seamless connectivity to a highly data-savvy customer base. Vodafone launched the world’s largest SuperNet 4G services in Karnataka in early 2016 to deliver a superior data experience to its subscribers. Since then, Vodafone has expanded its SuperNet 4G footprint to major towns including Mysore, Bangalore, Mangalore, Belgaum, Hubli-Dharwad, Bellary, Udupi, Shimoga, Bidar, Hassan, Hospet, Davangere, Chitradurga, Gulbarga, Raichur, Tumkur, Bhadravati, Gadag-Betigere, Bijapur and more.... Read More

Lenovo launches a range of Tab 4 Series in India

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Lenovo has announced the launch of its new range of Tab 4 series in India, the versatile tablets are power-packed, 4G-enabled and engineered for multiple users. They can be tailored to specific requirements, kid-friendly or high productivity. Lenovo’s continued interest in tablets has helped the brand become the No. 1 player in India and the launch of these premium devices further strengthens their position in the market.  The Lenovo Tab 4 8 and 10 Plus in 3+16GB variant are sleek in design promising both sturdiness and style. Beneath its stylish exterior, the tablet is powered by Qualcomm Snapdragon 64-bit Quad-Core 1.4GHz processor and is backed with up to 2GB RAM and 16GB of storage. Both these tablets come with Dolby Atmos audio technology. The Tab 4 8 sports an 8-inch HD display, while the Tab 4 10 Plus features a 10-inch HD display.... Read More

Rima Qureshi Joins as chief strategy officer Verizon

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Rima Qureshi will join Verizon as executive vice president and chief strategy officer just six months after leaving her position as head of North America at Ericsson and reporting to Verizon Chairman and CEO Lowell McAdam. Qureshi will replace Roy Chestnutt, who had previously announced plans to pursue opportunities outside of the telecom giant. Qureshi will start on Nov. 6 and Qureshi will take over “responsibility for development and implementation of Verizon's overall corporate strategy, including business development and strategic investments.... Read More

IBM Announces expansion of IOT ecosystem with new clients

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IBM has announced key clients and partnerships that are fuelling Internet of Things (IoT) innovation in India. This news kicks off IBM’s Genius of Things Summit in Mumbai where more than 200 customers, partners and industry leaders will discuss new ways of doing business and showcase innovative new real-life customer stories that demonstrate how IoT can disrupt the market. “In today’s hyper connected era, business must be able to make sense of the massive amounts of data being generated to create a safer world, improve consumer experiences and deliver excellence in service. The key to this is Cognitive IoT,” said Karan Bajwa, Managing Director, IBM India/South Asia. “With an unparalleled, growing global ecosystem of over 6,000 clients, 1,400 partners and 750 IoT patents, IBM is uniquely positioned to lead the IoT revolution across industries and help companies in India plug into critical new revenue streams.” Read More