Huawei, ZTE dominate India’s data card market, GSM rising – Research

Chinese vendors Huawei and ZTE, along with Micromax, control nearly 81% of India’s data card, or USB dongle, market, according 6Wresearch. The market, which was previously commanded by the CDMA segment is now witnessing a strong shift towards GSM based Data Cards, the market research said in a report. Huawei led the overall market, with […]

Cyient acquires big data start-up to boost service line-up

Cyient Ltd, formerly known as Infotech Enterprises, said has agreed to a majority stake in Invati Insights Private Limited (Invati), a start-up data sciences company. The new entity is proposed to be renamed Cyient Insights to better reflect brand and market aspirations, the Mumbai-based company said. Invati will strengthen Cyient’s data analytics capabilities and offerings […]

Glenmark announces discovery of novel cancer drug

Glenmark Pharmaceuticals has announced the discovery of a new anti-cancer therapy by its Swiss subsidiary. The new drug, GBR 1302, will target breast cancer and ovarian cancer, and the company expects to start clinical studies this year. Unlike normal drugs, the new drug will work by making it easier for human body’s defence mechanism, white […]

Volkswagen launches the hyperconnected Vento Konekt

Volkswagen India has launched Vento Konekt, whose speciality is the multitude of connectivity options in the car. Available on Comfortline and Highline variants of the Vento, the Konekt package includes a Blaupunkt infotainment system, with GPS navigation and hands-free, Bluetooth-enabled telephony. “Integrated into the centre console at the front, this high-end system features a high-resolution […]

NBFCs, telecom and microfinance cos among RBI’s payment bank hopefuls – Report

Recent draft guidelines on small and payment banks have enthused about 100 entities including microfinance institutions, telecom players, non-banking finance companies (NBFCs) and public sector companies to apply for such banking licence once RBI invites applications for the same, reveals the ASSOCHAM latest study. These interested firms are awaiting final guidelines which will provide more […]

65% of MBAs want a job in Government company – Survey

More than 65 per cent of business school graduates preferred to work government companies compared to private companies, a survey of over 500 students from various B-schools, including IIMs, BITS, ICFAI Business School and Symbiosis Institute of International Business (Pune) found. The ASSOCHAM survey conducted between June and July 2014; found that, the graduates are […]

Reliance Jio joins Airtel and Vodafone at COAI

Reliance Jio Infocomm, part of Mukesh Ambani-led Reliance Industries, has joined India’s biggest telecom operators’ association, COAI, joining hands with Airtel, Vodafone and Idea. In contrast, Reliance Communications, led by brother Anil Ambani, is part of the rival association, AUSPI. Tata Teleservices is also part of Auspi. Facebook had recently joined COAI as a core […]