Partygoing types hoping to welcome 2020 to the accompaniment of Lamberghini, Saki Saki or even Aankh Maare could end up being disappointed. Many Indian clubs and hotels may not be playing the latest Bollywood chartbusters because party organisers grouse that up to four different agencies need to be paid for performance rights and that the […]
Archives for 2019
Temasek-backed fitness app ClassPass eyes $1 billion valuation in new funding round
Fitness subscription app ClassPass is seeking to raise $285 million in a new funding round, which could push the Temasek and Alphabet backed startup’s valuation to over $1 billion. The company will issue 22.7 million ‘Series E’ shares as part of the funding round, according to a securities filing obtained by Reuters from analytics firm […]
Aadhaar enrollment touches the 125 crore mark
Enrollment in the Aadhaar project has crossed the 125 crore mark, close to ten years after its launch. The unique identification authority of India (UIDAI) which administers the Aadhaar project has said in a statement “The achievement comes along with the rapidly increasing use of Aadhaar as the primary identity document by the Aadhaar holders.” […]
Vistara to soon launch in-flight Wifi services: Telecom Secretary
Tata-Singapore Airlines owned Vistara is likely to become the first domestic airline to launch in-flight Wifi connectivity services. According to a top government official, Vistara has tied up with NELCO – a group Tata which is a VSAT solutions provider — for the VSAT link and the airline has also been allocated spectrum from the […]
Strategic Hiring in Today’s Changing Technology Landscape
CIOs, CTOs and hiring managers should apply these four elements when assessing tech candidates. Image: Olivier LeMoal – stockadobe.com Hiring in today’s IT world is as complicated as ever. With changing technologies and decentralized architecture, along with cloud-focused, software-defined life cycles, how should chief information officers and chief technology officers look for good resources? First […]
Internet cut in parts of UP ahead of Friday prayers
The Uttar Pradesh government suspended Internet services in “sensitive” districts and beefed up security deployment ahead of Friday prayers, a week after violence erupted over the Citizenship (Amendment) Act and National Register of Citizens (NRC) in parts of the state. Internet connectivity has been snapped in districts including Agra, Bulandshahr, Bijnor, Mathura, Saharanpur, Firozabad, Ghaziabad, […]
Quikr India’s income up 48% to Rs 201.5 cr, Losses decline too
Quikr India‘s total income for the 2019 fiscal year rose 48% to Rs 201.5 crore, with losses down marginally to Rs 228.8 crore, regulatory filings showed. Net revenue from operations rose 75% to Rs 191 crore, while the company’s cash balance at the end of the fiscal year stood at Rs 87 crore. The company […]
Indians consumed less groceries but shelled out more
India’s grocery consumption basket shrank by an average 5 kg per household in the 12 months ended September from the year earlier, although they spent slightly more overall. Consumers shopped more often but bought less each time, spreading their budgets to ease the financial pinch amid the slowdown, according to a study by Kantar Worldpanel, […]
Indian techies take up pen to write against CAA
Indian and Indian-origin employees of technology companies — including Google, Uber, Salesforce, Amazon, Facebook, Accenture, Microsoft, Tata Consultancy Services, HCL, and Wipro — have signed up in an open letter against India’s new Citizenship law and a planned national citizenship register. The letter – ‘TechAgainstFascism’ on online publishing platform Medium – comes at a time […]
Wikimedia Foundation raises concerns over proposed intermediary rule changes
Wikimedia Foundation, a nonprofit that hosts and operates Wikipedia along with other free and collaborative projects, has expressed concerns over proposed changes to the IT intermediary rules. Wikimedia wrote to the Union minister for electronics and IT, Ravi Shankar Prasad, on issues around automated filtering of content, setting up of a local entity and traceability […]