'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
Recently, Prime Minister Narendra Modi met over 40 CEOs across broad swathes of industry, ranging from makers of mobile devices, auto components, food products to telecom networking equipment and pharmaceuticals. The agenda: To discuss how to make India an integral part of the global supply chain. The focus of the discussion would be the much touted yet not so well understood production-linked incentive scheme (PLI), the centrepiece of the government's drive to massively boost the manufacturing sector. To do so, the government has created a war chest of over Rs 197,000 crore to be paid out as incentives to over 14 industries in five years. There are three objectives to the scheme, two explicitly stated, one implied.
'There are times when you give an audition and it doesn't even reach the director.' 'In such a scenario, what can I do? 'More than nepotism, it's about favouritism.'
To tide over the difficulties due to incessant shutdowns, several farmers in Maharashtra have turned into aggregators and started selling their produce without the help of mandis or agents. They have started contracting with bulk consumers like hypermarkets and co-operative housing societies to sell their produce directly.
'One out of three phones sold in India is a Xiaomi phone.'
It is the most potent symbol of India's soft power -- more perhaps than the IT industry and our managerial skill, notes Vanita Kohli-Khandekar
It is important to track what is happening in the rest of the world to be able to develop in India the best possible protection for citizens' fundamental right to privacy -- becoming for a country which prides itself on being the largest functioning democracy in the world.
RCom has also tied-up with select credit card providers for its latest offering.
Axis Bank launches Ping Pay to enable fund transfer across various platforms
As much as Rs 8,000 crore worth of mobile phones in this segment - out of a total of Rs 15,000 crore - come into the country through the grey market. The government imposed the duty on these phones primarily to encourage domestic production but the strategy has failed as the bulk of high end mobile phones are currently imported.
'I would want people to have food on their tables and their wages to rise.' 'Will that happen or not is the question that we need to ask and answer.'
Despite a couple of flaws Samsung Galaxy Note 5 Duos remains a superior package and still stands out, contends Himanshu Juneja
Chinese mobile brands are deeply entrenched in the Indian market. A move to bar them may send a bold diplomatic message. But its cost for the local industry is anybody's guess. In the event that Chinese brands face curbs, two handset makers - Samsung and Apple - squarely stand to gain.
Make the most of the income that you earn by invest the money in the right instruments. The advantages of starting early and investing right cannot be overstated, says financial planner Harshad Chetanwala.
Zee and Star, the two largest media companies in India, are undergoing some radical ownership changes. What could it mean? Vanita Kohli Khandekar attempts an answer.
Having graduated from the days when his Windows machine gave up mid-presentation, Ajay Adiseshann, managing director and founder, PayMate, has found true love in Apple iPod and iPhone.
Transparency International, a non-profit organisation fighting against corruption and malpractices, gave Reliance Industries and ONGC ninth and 26th positions, respectively, in its latest report Transparency in Corporate Reporting.
When 27-year-old Karthik Kamalakannan founded Skcript with his friend Swathi Kakarla in December 2013, little did he realise that it would become the Pied Piper of India one day.
And if you have started wondering why such innovations come only from American companies, Ajit Balakrishnan offers the answer.
The US president-elect met Silicon Valley's most powerful executives -- CEO of Microsoft Satya Nadella, Jeff Bezos of Amazon, Tim Cook of Apple, Elon Musk from Tesla, Larry Page and Eric Schmidt of Alphabet -- parent company of Google among others.
Software companies could deliver the numbers in Q2 FY08, but the sector may not outperform over the next year.
Elon Musk is one of the world's most successful entrepreneurs.
Indian consumers, who have waited for months to own the iconic 3G-enabled Apple iPhone, will have to pay Rs 31,000 for the entry-level 8GB memory mobile phone and Rs 36,100 for a model with double the memory.
The exponential number of downloads can be attributed to a call by Prime Minister Narendra Modi, asking people to have the app on their mobiles, combined with the government's push for downloading of the app through other channels, reports Neha Alawadhi.
'Jobs will exist at very high levels or low levels of skill sets.' 'People, who are in middle level jobs, are the ones who are facing the problem as such jobs are fast disappearing because of technological advancement.'
Malik said the step will enable good governance, bring self-reliance and employment opportunities to people Jammu and Kashmir and most importantly the feeling of unity and equality with the rest of the country.
Mumbaikars from different parts of the city are providing people with ready-to-grow seed balls to help tackle depleting forest cover, reports Swapnil Joglekar.
'Google and Facebook need to be tamed, their garb of 'Investing in India's future' need to be pulled off,' observes Vibhu Arya.
They take our fitness goals out of the constraints of time and space and find us everywhere we go, says Veer Arjun Singh.
'An expanding army, rising salaries due to the 7th pay commission, and raised pensions due to OROP are consuming money at the cost of badly needed bulletproof jackets, rifles, artillery, submarines, warships and fighter aircraft,' notes Ajai Shukla.
Only 36 per cent in Japan and 44 per cent in Germany were willing to use such vehicles.
If Indian storytelling can deliver, it can make the entertainment industry an engine of economic growth and a substantial contributor to GDP, says Vanita Kohli-Khandekar.
Why are people migrating to this new app?
The banned Chinese apps, which include TikTok, Shareit and UC Browser, earn revenue mainly from online advertisements, subscriptions, and commissions for selling products. India is the biggest driver of these Chinese apps due to the population. The ban on the 59 Chinese apps will negatively affect the valuations of the companies, especially those going for IPO.
Mahavir Chopra compares mutual funds and Ulips to help investors decide.
An Indian-origin teenager has been arrested in the United States for carrying out a cyberattack that swamped Arizona's emergency services with several bogus calls, an incident he claimed was a non-harmful joke gone wrong.
'The challenge before the two countries is to turn the peak into a plateau and enter an irreversible phase of cooperation,' notes Ambassador T P Sreenivasan.
A roundup of what you can do from the comfort of your couch while sipping on a dalgona coffee in your pajamas.
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