Chinese phonemaker Xiaomi is solidifying its push into the Indian tech ecosystem. After having announced that it would build a manufacturing facility in Telangana, the company is now looking towards India for developing software for its phones.
Hyderbad is fast becoming a magnet for innovation and next-gen business. After global biggies such as Google, Amazon and Uber had annouced plans to set up large operations in the state, it is now the turn of Indian companies to come calling.
Tata Sons is setting up India’s largest incubation center, T-Hub in Hyderabad. The facility will be inaugurated on September 7th this month by Chairman Emeritus Ratan Tata.
Ashwani Lohani will be the next chief of Air India. An Indian Railway Service officer of 1980 batch, Lohani would succeed Rohit Nandan whose three-year term ended last year.
E-commerce companies aren’t just fiercely competing with each other in trying to woo the fickle Indian consumer. They’re also going all out to attract employees, and are doling out sops by the dozen to make their offices better places to work. After Flipkart announced a slew of initiatives that were designed to improve employee satisfaction, and Snapdeal came up with a spanking new office last week, Jabong has entered the fray, announcing an onsite creche facility in its office.
The Tatas is clearly betting big on the cab-hailing market. After Ratan Tata announced an investment in Ola last month, Tata Capital today announced it had made a “significant investment” into Uber. This move ensures that the company has a finger in all pies in the super-competitive cab hailing market in India.
India’s two largest banks have announced new tech measures to enhance banking experience. While State Bank of India has launched a mobile wallet app, SBI Buddy in collaboration with Accenture and Mastercard, ICICI Bank Ltd has introduced ‘Smart Vault’, a fully automated locker facility with high-end robotic technology.
Taj Mahal has become the first wonder of the world to have its own Twitter handle.’
The debut was made on India’s Independence Day on August 15, 2015 with the first tweet, “There are two kinds of ppl in the world. Those who have visited me and follow me here and those who haven’t seen me and yet follow me here.”
Barely a week after reports emerged that Housing.com would be firing 600 of its 2600 employees as a part of a restructuring, the company today announced that it has acquired Bangalore-based customer relationship management software company HomeBuy360. This is Housing’s 3rd acquisition this year, after having previously acquired real esate forum IREF and Realty BI, a data analytics company in the real esatate sector.
You don’t need to be a lifetime government babu to land a top position at a government bank anymore. In a big bang announcement, the Government of India has appointed two private bankers to head two of the prominent public sector banks in the country.