Silicon Valley technology firms see robust business potential in India as over a billion people are without internet access. Most of the US-based technology majors are looking to India to bring more people online to get connected to their services.
Tags: India
Facebook, Google, Amazon’s entrance to India turns country to an 'E-commerce battleground'
Bank of America Merrill Lynch Wealth Management analysts expects India to be the next e-commerce battleground in 2016 as big tech companies like Facebook, Google, and Amazon are set to conquer the country this year.
China's Baidu is considering investing in Indian's Zomato, BookMyShow, and BigBasket
The top online search engine already had the initial discussions with the three Indian startups. Baidu seeks to expand to India due to growing online population and internet user.
Cotton piles up at warehouses globally
The world stockpiles of cotton are piling up giving less scope for investors on price rise. Cotton prices witnessed first weekly drop since November.
Jakarta greenlights Uber operations
Uber Technologies Inc. said it had been given approval from Jakarta governor to operate as a fully legal entity in the Indonesian capital, assuming it meets local tax rules and other requirements laid out by the government.
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Facebook is a platform for social connectivity as well as for presents a ground for many advertisements and articles. Facebook has rolled out 'Instant Articles' in India on Monday together with India Today, Quint, HT, The Indian Express and Aaajtak.
The Android 6.0 Marshmallow update for Moto X Style and Moto X (2014) will be available in a week. The over-the-air roll of the newest update will start in Brazil and India.
After enjoying successful services in several Asian countries, GrabTaxi introduced a carpooling service in Singapore. The service is available for testing on Wednesday in the country. Drivers participating in GrabHitch must provide elligible document and verification checks.
General Electric Co. and Alstom have won contracts from India's state owned rail company worth a combined of $5.6 billion to supply and service diesel locomotives as the country works to modernise its infrastructure. The contracts are also the biggest deal to be awarded by India to foreign firms.
Maggi Noodles - the instant Chinese fare created by Nestle and loved the world over especially in India, Singapore and Malaysia and other parts of the globe was beset by a scandalous allegation that their Maggi Noodles in India contained MSG with lead levels going beyond permitted limits.
Boeing Co and Tata Advanced Systems (TASL) will float a joint venture (JV) for manufacturing fuselages for the AH-64 Apache attack helicopter in India. The JV will set up a center of excellence (CoE) and it'll also be in competition for getting contracts to make additional Boeing platforms including commercial and defense.
Apple, the first-grade international technological device company, has been introducing new upgraded devices every year. According to Mashable, Apple 6 and 6S was recently launched in India, and the sales were upgraded through immense positive feedback. Now Apple has launched another of its best-selling device, Apple watches.
Xiaomi sold 1 million handsets in the third quarter in India, which considered its second biggest market. CNET has reported that Xiaomi VO Hugo Barra considers this quarter their best quarter ever with the sales benchmarks it reported. The sales in India add a whopping 45 percent quarter-on-quarter growth for the company.
Apple Watch is now available in India, one month after iPhone 6s and iPhone 6s Plus became available in the country. 9to5Mac reported that the Apple Watch starts at Rs 30,900 in India. The 38mm and 42mm models are available in the country. They come in gold, rose gold, silver anodized aluminum, space gray, polished silver, space black stainless steel, yellow gold, or 18-carat rose gold.
