The Intel Capital India Technology Fund, with a corpus of 250,000, was established in 2005-06 in India through which tech VC has invested a lot in data centre technology, telecom and infrastructure, apart from e-commerce.
Most Indian IT firms work as system integrators for Huawei and though the exposure is very less as of now, the potential is more due to 5G roll out. As pressure to keep the Chinese firm out of the 5G network grows, other global firms, including Japan's NEC, South Korea's Samsung, Finland's Nokia and Sweden's Ericssion are increasing their investments to grab more market share in the telecom sector.
Tata Sons chairman N Chandrasekaran on Thursday said even though a "hybrid" model will be the new normal in future, India's largest software exporter TCS will ask employees to come to work once the pandemic is over as social interactions are a social necessity. "I do want to make the point that people need to meet people. It is a social necessity. "So, there will be a shift towards moving people to work when the pandemic gets over," Chandrasekaran, who also chairs TCS, said at the company's annual general meeting. At present, 97 per cent of the company's staff have been working from their homes because of the pandemic, he said, admitting that a "hybrid" model where people work from homes and also from offices will be the new normal.
"Modi's great victory was very much based on these Reaganesque principles, so I think this is a global revolt, and we are very fortunate and proud to be the news site that is reporting that throughout the world," he said, according to the transcripts of his Skype address released by Buzzfeed.
In India, he has already made investments in both his personal capacity and through DST Global, his venture firm.
TCS is likely to hire hire 55,000 employees in FY15 .
India has pipped China to drive the volume growth of smartphones in the world on the back of falling prices of high-end devices.
he 4G version of the device would compete with the likes of Lenovo's A6000.
The Zika virus, an alarming and disturbing infection that may be linked to thousands of babies being born with underdeveloped brains, is spreading through the Americas. But what is the virus, how is it spread and how can people minimise the chances of catching it?
The ICMR on Monday asked states and union territories to stop using the test kits procured from the Chinese companies -- Guangzhou Wondfo Biotech and Zhuhai Livzon Diagnostics -- due to "wide variations" in their performance.
The merger has fortified Sun Pharma's position.
Lagarde had said an Indian could head IMF.
Infosys continues to be interested in acquisitions.
TCS said employee addition during the quarter stood at 18,362
The German company has invested Rs 720 crore to make this sub-4 meter car
Yara Shalaby set up the Middle East's first women's rally team, the Gazelle Rally which has seven drivers and has secured sponsorship for 2016.
The people will view it from their viewpoint, their immediate interest, historical experiences, their insecurities, he said.
Bali Padda will head the second-largest toymaker in the world.
Oil fell below $59 a barrel for the first time since May 2009 on Tuesday, extending a six-month selloff as slowing Chinese factory activity and weakening emerging-market currencies added to concerns about demand.
'The RSS has opposed the introduction of GM Mustard tooth and nail, but PM Modi does not give a hoot for what they think.'
The trend has generated a wave of social media memes and satire, and even the creation of an app that allows you to track where to get the coveted stickers. New stock has been selling out in a matter of hours.
The Johnson and Johnson vaccine, which works with one dose instead of two, got approval on Saturday, the third vaccine cleared in the country after emergency use authorisation (EUA) was given to two-dose shots from Pfizer and Moderna in December last year.
Almost all Indian airlines like SpiceJet, IndiGo, GoAir, Jet Airways and Air India, have been offering discounted fares on domestic sectors almost on a month-to-month basis.
Social e-commerce platform Meesho is set to disrupt the food and grocery market by offering free home delivery on all orders in over 200 below Tier 1 cities in a year's time, in the first phase. It is also disrupting the monetization model by focusing primarily on advertising revenues rather than commissions from sellers, as distinct from its competitors. The move is expected to challenge the big players in the sector which include Jio Mart, Tata's Big Basket, Amazon, Grofers, and others, many of which have minimum prices for free delivery.
About 50 countries, including Canada, Mexico, Nigeria and Panama, have shown interest in having a Co-WIN like system to run their vaccination drive, a senior official said on Monday, adding India is ready to share the open source software free of cost.
A summary of sports events and sports persons, who made news on Thursday.
Software giant Microsoft's move to end technical support for its longest running operating system (OS) Windows XP has marginally helped global PC sales which are declining, research firms IDC and Gartner said.
Several of the injured are said to be critical and rescue workers are searching for more casualties in the scorched area.
The RBI has shelved its plan for polymer notes more than a decade after it invited interest from global manufacturers for one billion pieces of Rs 10 denomination polymer banknotes, reveals Tamal Bandyopadhyay.
HMSI is the biggest player in scooter market with a share of 60 per cent
Disruption and police intrusions marred Russia's first open Lesbian, Gay, Bisexual and Transgender (LGBT) athletic competition this week, organisers said.
With Donald Trump unable to make it, Modi settles for Brazilian President Jair Bolsonaro.
India is home to the highest number of hungry people in the world.
Mexico have confirmed Miguel 'Piojo' Herrera will coach the national squad at the World Cup finals in Brazil next year.
Quelling fears of a takeover by Ola, which is also funded by Uber's major investor SoftBank Group, the US-based cab aggregating giant made it clear that the company was not ceding its position in India, one of its core markets.
Initiative aims to encourage more people to use the Internet.
In its first overseas acquisition after parting ways with Honda, country's largest two-wheeler maker Hero MotoCorp (HMC) on Monday said it has picked up 49.2 per cent stake in US-based high-end motorcycle maker Erik Buell Racing (EBR) for $ 25 million (about Rs 148 crore).
According to the report, the magnitude of internal migration is about two-and-a-half times that of international migration.
Revenues from IT services segment, which accounts for a significant portion of the company's topline, stood at $2.013 billion, remaining flat sequentially and up by 5.8 per cent year-on-year.
Pele was eventually convinced to sign a multimillion-dollar deal with US club New York Santos in June 1975, aided by then-Secretary of State Henry Kissinger, who wrote a letter to the Brazilian government stressing how important his presence would be for bilateral relations.
