With this round of funding, Flipkart's valuation has reached USD 11.6 billion, and US IT major Microsoft joins the marketplace as a strategic investor.
Last year, the software giant launched a cloud adoption programme for SMBs.
Mukund Mohan, Microsoft Ventures India director, to head US, China, India operations.
Microsoft's India-born CEO Satya Nadella acknowledged that 'one big mistake' the company made in the past was to think the personal computer will reign supreme forever and failing to anticipate the technological transformation of the mobile phone.
Microsoft has come up with 'Bing' a new search service that promises to help customers make better decisions, to assert its presence in the internet search space.
All future smartphones from Microsoft will be under the Microsoft brand, which means Nokia brand will now be phased out.
The company announced the launch at its 'small' Surface event, but didn't launch the Surface Mini rumored to debut at the presentation.
Microsoft, responding to the rights group's allegations, said a system fault had removed some search results for users outside China.
Microsoft was in for a rude shock late Sunday night when the leading packaged software maker discovered that its Indian retail website has been hacked.
The new Surface Pro an impressive upgrade over its predecessors, says Aparna Banerjea.
Google pre-empted Microsoft's plans for a significant relaunch of its internet search service as it revealed on Tuesday changes to its own search results pages that echo some of the moves planned by its arch-rival.
The 6,600-km submarine cable system would be operated and managed by Telxius.
We are not pursuing AI to beat humans at games. We are pursuing AI so that we can empower every person and every institution that people build, said Nadella
Microsoft India on Wednesday launched its 'Women in Tech' initiative, which aims to double the number of women IT professionals in India from the present one million in the next few years.
In arguing for a $44.6 billion Yahoo! bid, Microsoft's chief executive says 'better that we cannibalize ourselves' as software and services shift online.
Microsoft is encouraging Indian developers to be innovative and come forward with their new ideas.
The initiative will work on 40 areas in eight domains -- Energy & water, infrastructure, planning & buildings, Transportation, Public safety & justice, Tourism, recreation & culture, Education, Health and Social services & government administration.
A proposed online search advertising deal between Yahoo and Google came under fire at a US Senate hearing as Microsoft claimed that Yahoo CEO Jerry Yang had himself admitted that the agreement would hurt competition.
'It is mind-blowing to see how e-commerce is progressing in this country...am not bothered about their valuations but am more interested in the quality of their ideas, which is pretty good, Satya Nadella said.
A month after taking over as Microsoft chief, Satya Nadella on Tuesday announced a major top-level reshuffle, which saw the heads of marketing and business development resigning.
The phone has some interesting features, and should be able to attract Windows-based phone users' attention who are on a budget, says Himanshu Juneja.
Executives of Internet services firm AOL and software giant Microsoft held formal talks to discuss the possible $40-billion breakup of internet major Yahoo! on Wednesday, a media report said on Thursday.The Times reported that a team from AOL, the internet arm of media conglomerate Time Warner, met Microsoft officials to negotiate the possible split of Yahoo! which could lead to the software giant seizing control.
'Today's engineering graduates have to learn the skills to solve problems which is actually a higher order skill.'
Prime Minister Narendra Modi on Friday identified agriculture, education and health as three sectors where he believes technology can play a big role, and highlighted efforts of his government.
In February this year, Nokia had announced the 'Nokia X' family of affordable smartphones, running Google's Android apps, at the Mobile World Congress in Barcelona.
A computer with NPU can handle a wide range of tasks directly on personal devices without relying on a Cloud service.
Microsoft Corp. has announced that it had reached out to Yahoo Inc. with a possibility of a fresh deal that does not involve an acquisition of the Internet company. "Microsoft is considering and has raised with Yahoo an alternative that would involve a transaction with Yahoo but not an acquisition of all of Yahoo," Microsoft said in a brief statement.
Investors' desire for companies to prioritise returning cash to shareholders through share buybacks, dividends or mergers and acquisitions (M&A) is at the highest level since July 2015, said a survey by BofA Securities (BofA). Nearly 30 per cent of respondents wanted companies to do so. As many as 226 respondents with $572 billion worth of assets under management (AUM) participated in the March fund manager survey (FMS), said BofA.
With India emerging as a key market for its products, software giant Microsoft has said that it has grown at a compounded annual growth rate of 45 per cent over the last five years in the Indian market.
Microsoft Devices on Wednesday announced the launch of "most affordable" Lumia 530 dual SIM smartphone for Rs 7,349 in India.
Yahoo on Tuesday attempted to bolster its case for an improved offer from Microsoft, releasing stronger-than-expected financial projections to support its decision that the proposed deal had seriously undervalued it. Microsoft made a cash-and-shares offer that was worth $44.6bn, or $31 a share, when it was announced on February 1. The financial plan was first presented to Yahoo's board in December.
Microsoft has launched its own tablet called Surface.
The new service added 60 million users in six months.
Microsoft Corp unveiled faster, more powerful versions of its Surface tablet computer on Monday in an effort to boost poor sales of its flagship hardware product and mount a stronger challenge to Apple Inc's iPad.
With the emergence of cloud computing, Microsoft has a real opportunity in India.
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