Oct 27, 2016 - Thyssenkrupp India CEO says no decision yet on Tata Steel JV

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
For Indian retailers, the Costco business model is an interesting one. No branded item can be marked up by more than 14 percent, and no private-label item by more than 15 percent. Mr. Sinegal warned that if Costco increased markups to 16 or 18 percent, the company might slip down a dangerous slope and lose discipline in minimizing costs and prices. How's that for a business philosophy, as opposed to opportunistic margin extraction that most other retailers indulge in! Sell a limited number of items, keep costs down, rely on high volume, pay workers well, have customers buy memberships and aim for upscale shoppers, especially small-business owners. In addition, don't advertise -- that saves 2 percent a year in costs. More here

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From Jio to ByteDance, KKR bets on Asia's 'local' tech champions

Pandemic fuels US investor's deal making but political tension raises risks

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Payout blues: Telcos expected to speed-dial ARPU improvement, raise tariffs, says Icra

Further, it said that despite some easing of competitive intensity, it is still some time to go before the tough competition recedes.

Tech firms, telcos urge DoT to carefully scrutinize Huawei plan to overhaul internet protocols

Tech companies and mobile operators have cautioned the telecom department not to implement in a hurry a proposal from China’s Huawei to overhaul exi..

Many powerful reasons as to why it's risky to permit Huawei in India: Ex-R AW chief Sood

Former R&AW chief Vikram Sood says there are several powerful reasons - strategic, technological, geopolitical and legal - to suggest it could be risky to permit Chinese telecom major Huawei, with its state-structured backing, to launch operations in India's critical infrastructure. His assessment comes at a time when the government is yet to take a final decision on allocating radiowaves despite telecom operators applying for spectrum to start 5G trials.Get latest Telecom online at cnbctv18.com

Smartphone brand Honor launches 2 new smartwatches in India

The Honor Watch ES (meteorite black variant) will be available on Amazon from October 17 midnight onwards during the Great Indian Festival for Rs 7,499.

Jio now allows Airtel, Vi users to carry forward credit limit for postpaid plus plans

With the carry forward credit feature, postpaid users can carry forward their credit limit from their existing operator to Jio Postpaid Plus at no cost.

It took 25 years for older telcos to create 2G network, and Jio just 3 years for 4G: Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani said on Thursday that the Fourth Industrial Revolution presents a unique opportunity to create unprecedented value and prosperity for everyone in all spheres of life. "We built a world-class, all-IP, future-proof digital network that delivers the highest speeds and the best coverage across India. While it took 25 years for the Indian telecom industry to build its 2G network, Jio built its 4G network only in three years."

Handset makers cleared for PLI benefits seek clarity over targets, time frame

Mobile phone makers approved by the government for receiving production-based incentives are still in a bind over targets set by the government and th..

Handset maker UTL Neolyncs to invest Rs100 cr to expand production

Home-bred mobile phone manufacturer UTL Neolyncs, the maker of Karbonn handsets will invest Rs 100 crore and add four surface-mount technology (SMT) l..

Jio designed to help India lead fourth industrial revolution, says Mukesh Ambani

The richest Indian man, who heads the nation’s most valuable company Reliance Industries Ltd, said his group’s telecom and digital unit Jio was conceived to provide the key ingredients needed to lead the fourth industrial revolution.

Took older telcos 25 yrs to build 2G, took Jio 3 yrs for 4G: Mukesh Ambani

Mukesh Ambani, chairman of Reliance Industries said that it took 25 years for Indian telecom sector to build its 2G network and Reliance Jio has manag..

Telecom department begins work to identify additional spectrum for 5G: Report

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Son overhauls SoftBank World to showcase CEOs of Microsoft, IBM

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Qualcomm is making its own gaming smartphone with Asus | BGR India

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Pent-up demand sparks smartphone sales growth in India

Smartphone sales in India have already picked up pace ahead of the festive season due to pent-up demand from the lockdown and new use cases like educa..

ITC’s FMCG segment outlook most promising in the Indian Consumer Space – JM Financial

As per JM Financial ITC has tremendous value locked and It will get unlocked with time naturally 

ITC to strengthen dairy business in eastern region

The company to explore newer markets and milk procurement from Bengal is ramped-up as part of its expansion plans.

Kiranas upgrade their services, turn to tech solutions in pandemic

The onset of the pandemic has changed the way the Indian Retail Industry works and the Indian consumer shops. From researching online and buying in-store, the consumer moved to buying online and picking up in-store. Now with COVID-19 forcing people inside the relative safety of their homes, the customer is buying online and getting every …

JioSaavn, Nestle KitKat partner to give India Musical Breaks

MUMBAI: Country’s largest music, and audio streaming platform JioSaavn, has partnered with one of India’s leading Confectionary brand, Nestle KitKat for a multi-channel activation to provide musical breaks to millions of young Indians.

Amway India concludes ‘National Nutrition’ month with ‘Joy of Giving Week’

New Delhi: As the country celebrated the National Nutrition Month, Amway India, one of the country’s leading FMCG direct selling companies, undertook many initiatives to highlight the importance of…

HCCB unveils a beverage only outlet at the KSR Bengaluru Railway Station

Hindustan Coca-Cola Beverages (HCCB), one of India’s top FMCG companies, unveiled its beverage exclusive outlet at the Krantivira Sangolli Rayanna (KSR) Railway Station in Bengaluru. HCCB thus became the first total beverage company in India to open an exclusive outlet inside a railway station in India in collaboration with IRSDC. The IRSDC is constituted by …

David vs Goliath: Hyderabad firm wins fight over Mountain Dew against PepsiCo

MagFast Beverages Chairman Syed Ghaziuddin said that he had already started selling packaged drinking water with the name Mountain Dew way back in 2000

Amazon infuses Rs 700 crore into its India digital payments business ahead of festival season

The fresh infusion comes just ahead of the festive season where the e-commerce giant will compete head-on against Walmart-owned Flipkart and billio..

Myntra parent infuses $103 million into ecommerce firm ahead of festive sale

The investment comes just days before Myntra's Big Fashion Festival sale that kicks off on October 16

Flipkart expands supply chain in India to meet festive demand

E-commerce platform Flipkart said on Wednesday that it has added over 3.4 million square feet space across its supply chain assets including fulfilment centres, mother hubs and delivery centres throughout the country in preparation of the upcoming festive season and the Big Billion Days sale event. With this addition, the total warehousing space for Flipkart …

Amazon Fire TV Introduces Live TV Streaming In India

Customers can also access their favorite channels by simply saying, for instance, “Alexa, Watch Colors HD”. , , amazon, Amazon fire TV, Live TV

Shopify For Services Omnify Raises Pre-Series A Funding From AngelList Syndicate, Sequoia Scout ...

The company plans to use the funding to grow the team, and invest in product, technology, and growth.

Amazon launches Indias largest specialised fulfilment centre, aims for 20,000 deliveries a day this festive season

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We look to double headcount in Canada within 12-18 months: Infosys co-founder Nandan Nilekani

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Taiwan eyes doubling investments in Tamil Nadu, says official

Taiwan is eyeing to double the investments made by its companies in Tamil Nadu and is looking at generating one million new jobs in the Indian state

Infosys to acquire Blue Acorn iCi

Move will strengthen the IT major’s end-to-end customer experience offerings

Indian startup developers will form an independent group: Vijay Shekhar Sharma

Paytm boss also alleged that Google’s Play Store billing will be routed through Google Pay, its Indian payment arm, which brings in the debate of colliding with unfair practices for ‘wilful gains’

What’s The Tech Transformation TCS CEO Rajesh Gopinathan Is Talking About

The pandemic has brought on a new tech paradigm, TCS CEO Rajesh Gopinathan says.

India, Japan finalise pact for cooperation in 5G tech, AI and critical information infra

The cooperation between India and Japan on 5G technology comes in the backdrop of growing reluctance by a significant number of countries globally to allow Chinese teleco giant Huawei to roll out 5G services.

CyberShikshaa: Bridging India's cybersecurity gender gap

CyberShikshaa, a Microsoft Philanthropies program, trains women engineering graduates from disadvantaged backgrounds to build careers in cybersecurity.

Tim Draper invests undisclosed amount in Unocoin, valuation rises to $20 mn

Following the lifting of the Reserve Bank of India’s ban on digital asset trading, Unocoin’s says that the latest fundraise will bolster its continued growth in India

Industry hails PLI scheme, bats for an MSME targeted plan

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TCS surges to record after unveiling $2-bn buyback

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Google Maps new feature will demarcate Covid-19 containment zones in Mumbai

‘Will enable users make better decisions as they move around the city’

Artificial intelligence solutions built in India can serve the world

Artificial intelligence offers limitless opportunities to empower individuals and increase the ease of doing business.

Why the BFSI Segment needs to beef up its Cyber Security Infrastructure

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Digital payments exploding in India, yet tech-savvy teens still paying with cash

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Indian tech firms stand up to Google's dominance of their country's digital space

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