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Nokia and Vodafone Idea successfully completes 1st phase of Dynamic Spectrum Refarming deployment
Nokia and Vodafone Idea have announced the successful completion of the 1st phase of the deployment of Dynamic Spectrum Refarming (DSR) in India. The companies also announced that they have deployed the country’s biggest massive Multiple Input Multiple Output (mMIMO) installation....
Saregama and Facebook strike global licensing deals
Saregama announced a global deal with Facebook, to license its music for video and other social experiences across Facebook & Instagram. This partnership will allow users to choose from a wide variety of music to add to their social experiences such as videos, stories via music stickers and other creative content. People will also be able to add songs to their Facebook Profile....
The disruption in the technology demands to ensure business continuity
The India cloud market will witness a visible impact in the probable and pessimistic scenario in terms of heightened adoption with public cloud leading the forefront of all infra-related investments. According to IDC's COVID-19 Impact on IT spending Survey, May 2020, as a result of the spread of the pandemic 64% of the organizations in India are expected to increase demand for cloud computing while 56% for cloud software to support the new normal....
IFC invests $35 mn in JK Paper for debt funding
International Finance Corporation (IFC) has announced to invest up to $35 million (Rs 263 crore) in paper manufacturer JK Paper. IFC has stated that it will invest by subscribing to secured non-convertible debentures (NCDs) of the Singhania Group company. The company will primarily use the funds to meet the incremental working capital needs due to the impact of the ongoing coronavirus pandemic....
DPIIT, DoT officials cautions BSNL, MTNL regarding its multinational suppliers
After the recent Indo-China standoff, and Prime Minister Narendra Modi's call for Atmanirbhar Bharat or self-reliant India, and favoured participation of homegrown companies for network deployment and expansion by state-run telcos, the Department of Telecommunications (DoT) and the Department for Promotion of Industry and Internal Trade (DPIIT) became watchful of multinational vendors....
7 million BHIM users data exposed in CSC website breach: Report
According to a report by a virtual private network (VPN) review website, millions of users of the government’s digital payment app BHIM may be vulnerable to cyber-attacks and e-frauds due to an alleged data breach....
SunTec launches its Xelerate platform on AWS Cloud
SunTec has announced to work with Amazon Web Services (AWS). The company is offering its Xelerate platform and products on AWS Cloud. The Xelerate platform and products have been optimized to leverage the cloud capabilities of AWS....
HSBC launches AI based First Equity Index products
HSBC along with IBM Watson and artificial intelligence specialist EquBot has teamed up to launch equity index products powered by AI and big data. The bank says its new AI Powered US Equity Index (AiPEX) family is the market’s first to use artificial intelligence as a method for equity investing....
WarnerMedia unveils HBO Max in US
WarnerMedia has officially launched its new streaming platform, HBO Max. It is featuring a leading collection of content curated from across WarnerMedia’s legendary catalog and a roster of new Max Originals, plus fan-favorite acquired franchises and films....
Cabinet Minister Piyush Goyal interacts with Pharma industry, India recognized as world's pharmacy
Cabinet Minister Piyush Goyal interacted via video conferencing with the captains of the pharmaceutical industry, and office-bearers of the pharma associations. The meeting was attended by the Ministers of State HS Puri and Som Parkash, Secretaries of the Department of Commerce, and Pharmaceuticals, and officers from Departments of Commerce, Pharmaceuticals and Health....