SHANGHAI: E-commerce titan AlibabaGroup Holding Ltd has bought a Chinese microchip maker to further its cloud-based “internet of things” (IoT) business, underscoring its commitment to the chip industry, an Alibaba spokeswoman said on Friday.
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Infosys, Cognizant plan big buybacks to cut cash pile
Bengaluru: Infosys and Cognizant are considering massive share buybacks as a way to restore investor confidence and engage in a more tax-efficient way to return money to shareholders. Infosys is planning up to a Rs 12,000 crore ($1.8 billion) share buyback, a move that is pending final nod from its key shareholders, including the founders. Sources said the company is currently discussing the buyback process–whether it should be an open tender or a market buyback–as also the premium to be paid.
MediaTek launches Helio P25 for dual-camera smartphones
NEW DELHI: Taiwan-based MediaTek Wednesday launched MediaTek Helio P25 chipset for dual-camera smartphones.
Telecom Sector to create around 20 lakh jobs in India: Report
The telecom sector is expected to create two million jobs this year, thanks to increased data penetration and entry of new service providers, says a report.
Samsung Galaxy C9 Pro launched in India with 6GB RAM at INR 36900
Samsung India, on Tuesday launched the Galaxy C9 Pro smartphone that comes loaded with 6GB RAM, 16MP front and back camera and 6 inch Full HD sAMOLED display. The Galaxy C9 Pro sports all metal unibody and is dubbed as a feature powerhouse. Samsung Galaxy C9 Pro will be available in Black and Gold colour variants. The device will be available across all retail channels in the latter half of February 2017 at a price of INR 36,900.
Huawei launches Honor 6X at CES 2017
LAS VEGAS: Well, all of us did talk about the fact that Huawei would introduce a new smartphone at Consumer Electronic Show (CES) 2017 with dual rear cameras. It is called the Honor 6X and yes it comes with not one, but two rear cameras.
Airtel launches 4G in Guwahati using TD LTE 2300 MHz band
NEW DELHI: India’s largest telecom operator Bharti Airtel on Wednesday launched its 4G services in Guwahati across four major cities of Assam, including Dibrugar, Jorhat and Tinsukia.
Karan Bajwa Appoints as a New Managing Director of IBM
NEW DELHI: Technology giant IBM today said it has appointed Karan Bajwa Managing Director of its India operations.
Tech Mahindra launches Makers Lab to boost innovation
PUNE: Tech Mahindra has officially launched its Makers Lab program in Pune, an internal lab to boost innovation within the company. Makers Lab is currently active in four locations across India – at Pune, Chennai, Hyderabad and Bengaluru, with Pune housing the largest facility with 40 people. The lab was set up in 2014, and has since come up with a few innovative solutions that are being used either internally at Tech Mahindra or by clients.
Vodafone’s mPesa eyes bite of $800 billion market
Mumbai: Vodafone’s plans for mPesa have got a big boost with the RBI’s decision to allow merchants use digital wallets to accept payments up to Rs 50,000 a month without complying with “know your customer” norms. Ahead of the mPesa payments bank launch in March 2017, Vodafone has launching a new service where retailers can accept wallet payments.