India’s Telecoms React to Reliance Jio’s Market Entry

To increase their user base to 10 million, Reliance Jio announced  offered free voice calls,  and low cost data plans for customers in India. To counter this offering, other telecom players such as Airtel, Vodafone, and state-run Bharat Sanchar Nigam Limited (BSNL) have announced similar plans to retain their own customer base. Zee News reports […]

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September 26, 2016   No Comments

Apple Acquires Hyderabad Machine Learning Startup

Apple just acquired Tuplejump, a Hyderabad-based machine learning startup that helps companies to store, process and visualize big data with its unique software. Tuplejump was founded in 2013 by Rohit Rai, Satyaprakash Buddhavarapu and Deepak Alur. Known in the trade as an acqui-hire, most of Tuplejump’s 16 employees will join Apple. A back-of-the-envelope calculation by […]

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September 25, 2016   No Comments

India’s Telecom Industry Consolidates

According to Mobile World Live, India’s fourth largest operator Reliance Communications (RCom) and smaller rival Aircel signed definitive documents to effect “the largest-ever consolidation in the Indian telecom sector”, creating the country’s third largest operator. Merger talks between the two companies have been ongoing for a year, and now RCom and Maxis Communications Bhd, parent company of […]

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September 24, 2016   No Comments

German Think-Tank Endorses India’s Innovators

After studying 80 R&D companies in India, German think tank Bertelsmann Stiftung believes there is a definite buzz about India’s R&D strength. With more than 1,000 R&D labs, India is rated the 5th-best destination globally for innovation and technology. The study describes the two ways that Indian companies approach innovation: 1) adapting products for  developed markets […]

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September 24, 2016   No Comments

India Finalizes (Finally) Rafale Fighter Buy

The long-awaited inter-governmental agreement for the purchase for 36 Dassault Rafale Jets was signed in New Delhi on Friday 23 September between India’s minister for defense Manohar Parrikar, and his French counterpart Jean Yves Le Drian. Eric Trappier, Dassault Aviation chairman and CEO, was also present. The deal is worth $8.7 billion, and includes aircraft […]

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September 23, 2016   No Comments