American companies asked to take advantage of Digital India initiative

By about 18 mins ago.

American companies asked to take advantage of Digital India initiative

India's future as a technology powerhouse and its plans to connect India's 600,000 villages to the Internet through the Digital India program were the focus of a roundtable of top American and Indian companies. Prime Minister Narendra Modi's Startup India initiative also came up at the roundtable with Indian Minister for Communications & IT Ravi Shankar Prasad hosted by the US-India Business Council (USIBC) at Cambridge, Massachusetts, on Friday. More →
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Quick Heal raises Rs 134 crore from anchor investors

By about 1 hour ago.

Quick Heal raises Rs 134 crore from anchor investors

Ahead of its IPO, which opens on Monday, software provider Quick Heal Technologies has raised Rs 133.9 crore through issue of shares to 10 anchor investors, including BNP Paribas Advantage and Reliance MF. Quick Heal has alloted 41.70 lakh equity shares at Rs 321 apiece, the upper end of the price band, to 10 anchor investors. More →
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Facebook blocks dispensary pages selling medical marijuana in the US

By about 2 hours ago.

Facebook blocks dispensary pages selling medical marijuana in the US

Social media giant Facebook has blocked dispensary pages selling cannabis for medical purposes in the US state of New Jersey, even as medical marijuana has been legalized in the state, a media report said. "It seems high-handed to simply shut down important resources for sick patients without even saying why or giving organizations a way to ask for reconsideration," Digital Trends quoted Peter Rosenfeld, one of the 5,668 registered patients for medical marijuana program in New Jersey, as saying on Friday. More →
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India sitting on cusp of digital revolution: IT Minister Ravi Shankar Prasad

By about 2 hours ago.

India sitting on cusp of digital revolution: IT Minister Ravi Shankar Prasad

Asserting that India is sitting on the cusp of a digital revolution, Union Minister Ravi Shankar Prasad has exhorted senior executives of leading American IT firms to take advantage of the 'Digital India' initiative and tap the growth opportunities in the country. "India is sitting on the cusp of a digital revolution," the Union Minister for Communications and IT Ravi Shankar Prasad yesterday told executives of top American IT firms in a round table. More →
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Apollo 14 Astronaut Edgar Mitchell, sixth man on the Moon, dies at 85

By about 3 hours ago.

Apollo 14 Astronaut Edgar Mitchell, sixth man on the Moon, dies at 85

Astronaut Edgar Mitchell, a module pilot on Apollo 14 mission that touched down the lunar surface on February 5, 1971, died in Florida this week on the eve of the 45th anniversary of his lunar landing. Mitchell joined Apollo 14 commander Alan Shephard, Jr., the first American in space, in the lunar module Antares which touched down in the Fra Mauro highlands on the Moon. More →
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Twitter to launch new Facebook-style timeline in 23 countries

By about 3 hours ago.

Twitter to launch new Facebook-style timeline in 23 countries

Twitter is planning to introduce a new Facebook-style algorithmic timeline in 23 countries, including India, as soon as next week in an attempt to bring the micro-blogging site to more people across the globe. The new timeline will reorder tweets based on what Twitter's algorithm thinks people want to see most, a radical departure from the present reverse chronological order of tweets in the micro-blogging site's current feed. More →
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India ready to offere assistance to Sri Lanka in IT sector: Sushma Swaraj

By about 3 hours ago.

India ready to offere assistance to Sri Lanka in IT sector: Sushma Swaraj

External Affairs Minister Sushma Swaraj on Saturday said that India is ready to assist Sri Lanka in the information technology (IT) sector and set up an IT park in this island nation. "One of the issues that I discussed with (Sri Lankan Foreign) Minister (Mangala) Samaraweera was the importance of information technology for the development of both our countries, and to take advantage of the opportunities that the new digital world offers," Sushma Swaraj said while inaugurating a "Rise of Digital India" exhibition as part of "Sangam - a confluence of cultures", a festival of India in Sri Lanka 2015-16. More →
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Tata Sky, Videocon d2h to launch new Set Top Box to enable Internet browsing

By about 4 hours ago.

Tata Sky, Videocon d2h to launch new Set Top Box to enable Internet browsing

Direct-to-home (DTH) players like Tata Sky and Videocon d2h are bringing Internet browsing applications on their Set Top Box, which will enable subscribers to browse and interact on certain apps. "This launch of gen-next HD Smart Set Top Box demonstrates our unrivalled expertise and innovation in creation, delivery and execution of technologically advanced products," Videocon d2h Executive Chairman Saurabh Dhoot said in a statement. More →
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Make for India continues to be our focus: Samsung CEO HC Hong

By on February 6, 2016 at 5:15 PM.

Make for India continues to be our focus: Samsung CEO HC Hong

Products made specifically to meet the requirements of Indian consumers as well as to suit the country's climatic conditions will continue to be key focus for Samsung in southwest Asia, the company's president and CEO H.C. Hong said on Thursday. He launched a host of new products at the Samsung Forum 2016, including 4G-enabled Smartphones -- Galaxy A7 and Galaxy A5, SUHD television sets with "quantum dot" display, smart home appliances including 5-in-1 convertible refrigerator, washing machines and microwave ovens, energy efficient and more durable air-conditioners. More →
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Industrialists attend ‘Make in India Week’ seminar in the US

By on February 6, 2016 at 4:00 PM.

Industrialists attend ‘Make in India Week’ seminar in the US

Leading industrialists in the US have attended a 'Make in India Week' seminar in Chicago, during which several American companies showed interest in reaping benefits of the opportunity to invest in India. 'Make in India' is one of the flagship schemes of the Indian government which is aimed at transforming Indian economy from services driven growth model to intensive manufacturing-driven growth not only to increase productivity but also to promote India as an international manufacturing hub, Consul General of Indian Consulate in Chicago Ausaf Sayeed said yesterday. More →
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