Search Result for : Internet

The Dollar Buisness Bureau The Minister of Communications Manoj Sinha said that the Indian telecom industry has seen a paradigm shift from a voice centric market to a data-centric market. While voice business still contributes a large chunk towards operator revenues, data revenues have shown an exponential growth trajectory over the last few years. Speaking at a Workshop on Telecom India, the Minister said that by the end of 2016 the number of internet subscribers in India was 391.50 million making India globally the 2nd highest in terms of internet users. He said that mobile data traffic also grew by 76% in India in 2016 which was primarily attributed to increased smart phone penetration. This growing usage of smart phones, especially in urban ...

The Dollar Business BureauGoogle CEO Sundar Pichai on Thursday underlined that entry-level smartphones in India need to be priced around $30 to facilitate people with the Internet and digital services.   Speaking at IIT-Kharagpur, Pichai said the focus should also be given to local language support and improving connectivity in India.   “I would love to see cheaper smartphones, entry-level smartphones. I think really we need to bring the prices down even more, maybe at $30 level.   He said Google was in continuous talks with Indian stakeholders to roll out many projects under the government’s Digital India scheme. It already has forged a partnership with RailTel for offering Wi-Fi services at railway stations and with the NPCI for enabling digital payments across the country.   Mr. Pichai said he ...

The Dollar Business Bureau The Bengaluru based, second largest Indian IT company Infosys, said on Thursday that it has acquired a minority stake in the San-Francisco based data visualisation start-up Trifacta. The amount is yet to be disclosed. Trifacta has raised till date $76.3 million in four rounds of venture funding this year.Trifacta develops productivity platforms that enables non-technical users to transform data for analysis, easily. As per the agreement, Trifacta will give data wrangling solution for the Infosys’ IIP (Infosys Information Platform) and other platforms that Infosys uses. “Trifacta’s market-leading technology will enable Infosys clients to bring together diverse and disparate data into more digestible form for downstream analysis." said Ritika Suri, Senior Vice President, Corporate Development, Infosys.Significantly Infosys’s investment ...

 The Dollar Business Bureau The American Institution has approved an amount of $421 million to India, for the development of its solar and broadband projects, so that it could expand its internet infrastructure. Overseas Private Investment Corporation, the U.S. Government’s Development Finance Institution has sanctioned $250 million in senior debt financing to the subsidiaries of ReNew Power Ventures Private Limited. This would be utilised to construct up to 400 megawatt of renewable solar generation in India, covering various projects.   ReNew will help India to achieve its goals to gradually adapt a low carbon economy. This is possible with the innovative financial structure that would efficiently streamline the funding projects for the new energy products.   An approval from OPIC of ...

Source: PTI Google has announced plans to make internet accessible to one crore passengers at 100 busiest railway stations in India by the end of next year and will later expand it to 300 other stations, making it one of the largest public Wi-Fi projects in the world. “I'm very proud to announce that it's the train stations of India that are going to help get millions of people online. In the past year, 100 million people in India started using the internet for the first time,” Google's India-born CEO Sunder Pichai said in a blog post on Sunday after his meeting with Prime Minister Narendra Modi. This means there are now more internet users in India than in every country in ...

 The Dollar Business Bureau Increasing use of smartphones and high-speed wireless internet has propelled the sales of 4G devices in Indian markets. According to a market research, sales of 4G-enabled devices that support high-speed data transfer have increased by whopping 108% between January and March this year. Analysts attribute the upward sales to the rising demand of data card and smartphones across the country. The two segments have witnessed an increase of 287% and 111% respectively during this period, said the quarterly report released by CyberMedia Research (CMR). While the total 4G device shipments in the country reached 2.2 million units during January-March 2015, smartphones dominated the market contributing 97% of the devices sold. And, experts predict the trend ...

The Dollar Business Bureau To ensure strict vigil on unfair practices in businesses involving internet and other networking platforms, the Competition Commission of India (CCI) will intensely analyse multi-dimensional high-technology markets. The fair trade watchdog said that it will now focus on intense analysis of multi-sided high-technology markets involving network industry and more complex markets that need greater understanding of economic theories, anti-trust analysis and theories of harm. “Recent development about net-neutrality and other high-tech issues is an area where the Commission will be stressing,” CCI member SL Bunker said on Saturday. Speaking at an international conference on competition law organised by IT and BPO industry body ASSOCHAM, Bunker said that his organisation will now shift its focus away from basic ...