After a recent fall in profit, Masayoshi Son of SoftBank announced that the Japanese tech investor will look at dramatic cost-cutting. Before he does that, investments in India for calendar year 2022 (CY22) will fall radically, observed sources in the know. Last year, the company had invested around $3.2-3.5 billion in the Indian start-up ecosystem - almost 10 per cent of the total investment the sector received. For CY22, the investments may not even touch $1 billion.
Nokia, Airtel sign deal to push commercials to mobile websites. Accessing the Internet on mobile phones is no longer a novelty. For most professionals, it is a necessity. So, mobile websites, also known as .mobi sites, have emerged as the latest advertising opportunity.
Bangalore based mobile advertising company InMobi has made it to MIT Technology Review's 50 Disruptive Companies of 2013.
Ashish Narsale/Rediff.com brings you some of the innovative cars presented at the latest edition of the Consumer Electronics Show.
Days after a militant group threatened senior journalists of Manipur, unidentified men exploded a grenade at the residence of A Mobi, editor of vernacular daily Sanaleibak and president of the All Manipur Working Journalists' Union, the police said on Sunday.
'Investors with as little as Rs 1 can start investing in digital gold.'
With the use of e-wallets gaining momentum after the note ban, e-wallet service providers have doubled down on developing new security features in their apps. Sharath Chowdary reports.
Union Railway Minister Piyush Goyal said that even he finds it difficult to remember it sometimes and would be better to have a name that is easy to remember while browsing the internet
FSN E-Commerce Ventures, which runs online marketplace for beauty and wellness products Nykaa, has filed preliminary papers with markets regulator Sebi to raise Rs 3,500-4,000 crore through an initial share-sale.
In the excitement over the allocation of bank licences for the private sector, a new category of licence offered by the Reserve Bank of India (RBI) last year went almost unnoticed. That was when the RBI consolidated the rules for prepaid payment instruments (PPI), popularly understood as e-wallets or gift cards. In the process, the regulator has fast-forwarded a bottom-up card usage industry in India that is completely different from the world of bank-linked credit and debit cards.
Since the beginning of 2020, i-bankers have collected nearly Rs 1,800 crore by way of IPO fees. Interestingly, the India fees this year form just 1 per cent of the global fee pool of $13.7 billion from IPOs.
In the past few days, many companies, including fashion e-tailer Nykaa, food delivery platform Zomato, logistics and delivery firm Delhivery, insurance discovery platform PolicyBazaar, eyewear retail chain Lenskart, and edtech and online tutoring firm Byju's, have openly spoken about their IPO plans.
Besides these services, software --MeriMobi -- would provide information on news, stock markets and yellow pages, IITL Business Head Rajeev Mishra said.
Projections suggest online food delivery market should grow to $22 billion by 2025.
Game streaming is becoming a serious professional choice for youth, as it allows them to make good money.
After a gruelling 24 hours, the PhonePe team has fully restored UPI on the payment platform. The app is up and running again with ICICI Bank as its new partner with all payment instruments enabled.
The last 15 days have turned the life of young Afghan television anchor Beheshta Arghand upside down.
'We expect the bull run to continue until economic growth continues.'
For large start-ups the US market is considered to be a preferred destination, as Indian investors were seen as hesitant to pay the kind of valuation private equity investors or the US markets pay. However, Zomato's listing has quashed these notions.
The proposed company, Yu Televentures, will import handsets from China and sell in the Indian market.
Hectic fundraising through initial public offerings (IPOs) is expected in October-November, with at least 30 companies are looking to collectively raise over Rs 45,000 crore through initial share-sales, merchant banking sources said. Of the total fundraising, a large chunk would be garnered by technology-driven companies. The successful IPO of food delivery company Zomato, which was overwhelmingly subscribed by over 38 times, encouraged new-age tech companies to come out with their primary share-sales.
Naveen Tewari loves cycling but over the past few years, he has been keeping his first love waiting.
'We are certainly open to inorganic opportunities to grow.'
Paytm recently partnered with 1,000 educational institutions over admission fee payment through the app.
Mobile phone sales across the world totalled 435 million units in the second quarter of 2013.
Internet entrepreneurs are the next big thing in India.
With Nikesh Arora's exit from Softbank, India's start-ups have lost one of its biggest supporters.
In an otherwise agriculture- and public health-focused Union Budget 2018-19, artificial intelligence, machine learning, blockchain technology, internet of things -- jargons that found little or no mention in the previous Budgets -- managed to make their presence felt.
With a surge in users and transactions in two weeks, payment wallets step up cashbacks to get more users online.
Vikramank Singh looks back at the year gone by!
Newspapers on Monday failed to hit the stands in Manipur as media houses and scribes protested against the diktat of militants who have threatened them with dire consequences for disobeying their orders. "We did not produce today's edition of papers in protest against the attack on the house of the editor of popular daily SANALEIBAK and president of the All Manipur Journalists' Union A Mobi at Thongju area in Imphal west district on Saturday night," sources said.
Bug bounty hunters or independent ethical hackers are certified cybersecurity professionals or security researchers who crawl the web, scanning the systems for gaps through which hackers can sneak in and alert the companies, says Shivani Shinde.
Is Panasonic P51 worth buying for Rs 22,500? In terms of design, performance, camera and battery it is worth buying, but memory and processor speed are not up to the mark as compared to its competitors (Samsung Galaxy S III, LG Optimus Vu).
Experts believe that the sector should not jump to conclusions on WhatsApp Pay, which is still in its 'Beta testing' phase.
Niyo is also offering bonuses and ESOPs, taking the total stock grants to over Rs 100 crore for all eligible employees.
As 2010 comes to a close, MMA provides a guide to new and existing technologies that will dominate the market in the coming year.
A recent study revealed that over 72 per cent of Indian consumers were at ease with mobile advertising and over 50 per cent were ready for personalised advertisements.
Yulu founder Amit Gupta believes bicycle sharing is the next big thing.
A bench headed by Justice H S Kapadia, while dismissing Tata Teleservices and Reliance Communication's petitions, has upheld telecom tribunal TDSAT's order of September 2005 that held these services are not fixed lines telephones, but limited mobile. The Supreme Court had earlier reserved its judgement on a petition filed by Tata Teleservices challenging the telecom tribunal's order which classified the company's fixed wireless phone service 'Walky' as limited mobile.
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