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KKR acquires 2.32% stake in Jio Platforms for nearly INR 114 billion

Published 22 May 2020 10:33 CET | India

Reliance Industries and Jio Platforms have announced today that KKR will invest INR 113.67 billion into Jio Platforms. This transaction values Jio Platforms at an equity ...

Samsung India, Facebook offer digital marketing training for offline retailers

Published 22 May 2020 09:14 CET | India

Samsung India has partnered with Facebook to offer digital marketing training for offline retailers. Samsung's initiative is designed to enable thousands of the company's ...

Airtel acquires stake in AI startup Voicezen

Published 22 May 2020 06:55 CET | India

Indian mobile operator Airtel has acquired a stake in conversational AI-focused startup Voicezen. No financial details related to the investment have been released. ...

Vodafone Idea consolidates 22 telecom circles into 10 clusters

Published 21 May 2020 15:33 CET | India

Indian operator Vodafone Idea has reorganised its business, going from 22 regional telecom circles to 10 clusters in a bid to reduce costs and increase efficiency, according ...

Vodafone Idea launches mobile recharge service at kirana, medical stores

Published 20 May 2020 11:01 CET | India

Indian mobile operator Vodafone Idea has launched its mobile recharge service at kirana and medical stores across Gujarat. Vodafone Idea customers can recharge their mobile ...

Bharti Airtel's quarterly revenues jump 15%, boosted by 22% mobile business growth

Published 20 May 2020 08:52 CET | Africa, India

Mobile revenues jumped 21.8 percent, mainly boosted by Airtel's increasing 4G customer base. ARPU for the quarter was INR 154, compared to INR 123 in the fourth quarter of ...

General Atlantic acquires 1.34% stake in India's Jio Platforms for nearly INR 66 bln

Published 19 May 2020 09:50 CET | India

Reliance Industries has announced that equity firm General Atlantic has invested INR 65.98 billion in its subsidiary Jio Platforms. This investment values Jio Platforms at an ...

Allianz Holdings to introduce Eros Now to Bangladesh market

Published 18 May 2020 15:28 CET | Bangladesh, India

Indian OTT platform Eros Now announced its association with Allianz FMCG Holdings to introduce Eros Now to the Bangladesh market. The partnership will enable the Indian OTT ...

Airtel launches 'Work@Home' platform for businesses

Published 18 May 2020 12:18 CET | India

Airtel Business, the B2B arm of Indian operator Bharti Airtel, launched the new Work@Home products for enterprises. The company said this is India's first enterprise-grade ...

Accenture acquires Byte Prophecy to enhance AI, digital analytics functionalities in emerging markets

Published 18 May 2020 09:33 CET | India, World

Accenture said it acquired Byte Prophecy, an automated insights and big data analytics company based in Ahmedabad, India, to meet the growing demand for enterprise-scale AI ...

Vodafone Idea launches voice-based contactless recharge service at retail outlets

Published 18 May 2020 09:20 CET | India

Vodafone Idea has introduced a contactless recharge service at its retail outlets across India. The service is powered by Vodafone Idea's Smart Connect retailer app, which ...

Anevia selected as preferred vendor for InterTouch IPTV products in EMEA, India

Published 15 May 2020 15:38 CET | India, World

Anevia extended its technology partnership agreement with InterTouch to provide support for the company's growth plans that include new target markets in Europe and India. ...

Sterlite reports higher FY revenues, despite sharply lower Q4

Published 15 May 2020 14:52 CET | India

Sterlite Technologies (STK), a global data network services provider based in Pune, India, said full year revenues reached record high levels, despite lower levels in the ...

Amazon Prime Video India adds new titles to offer

Published 15 May 2020 12:46 CET | India

Amazon Prime Video India unveiled a further six local titles that will debut exclusively on the platform after making its biggest direct-to-service movie acquisition with the ...

Samsung India starts home delivery of Finance+ digital lending platform

Published 13 May 2020 13:06 CET | India

Samsung India has started home deliveries of its Samsung Finance+ service. The service mainly targets customers planning to buy Galaxy smartphones directly from their homes. ...

Subex reports higher revenues and profit despite 'turbulent' Q4

Published 12 May 2020 14:14 CET | India

Telecom software provider Subex reported higher results for its fiscal fourth quarter, despite the "turbulence" caused by the coronavirus pandemic. CEO Vinod Kumar said the ...

SonyLIV selects Intertrust's ExpressPlay DRM

Published 12 May 2020 11:00 CET | India

Indian OTT service SonyLIV selected Intertrust's cloud-based multi-DRM service, ExpressPlay DRM, to protect content streaming and downloads including both online and offline ...

Vodafone Idea adopts IBM, Red Hat Open Universal Hybrid Cloud for network, IT workloads

Published 12 May 2020 08:20 CET | India

Indian operator Vodafone Idea has selected IBM and Red Hat for core network functions on its Open Universal Hybrid Cloud. The platform now enables IT and network applications ...

Airtel taps IBM, Red Hat for open hybrid cloud network deployment

Published 12 May 2020 07:32 CET | India

Indian operator Bharti Airtel has selected IBM and Red Hat to deploy its new telecommunications network cloud. Under the terms of the agreement, Airtel will build its next ...

Spotify enters licensing deal with Saregama for India market

Published 11 May 2020 16:34 CET | India

Music streaming service Spotify entered a licensing deal with Saregama for the India market, enabling the company to offer the label's music catalogue on its platform, ...

Samsung to invest INR 20 million in govt's Covid-19 relief efforts in Tamil Nadu area

Published 11 May 2020 14:08 CET | India

Samsung India has announced it has contributed INR 20 million to help the Tamil Nadu State Disaster Management Authority's fight against the Covid-19 pandemic. Samsung India ...

Vista to acquire 2.32% stake in India's Jio Platforms for nearly INR 114 bln

Published 11 May 2020 13:17 CET | India

Reliance Industries and Jio Platforms have announced that Vista Equity Partners will invest INR 113.67 billion into Jio Platforms. This investment values Jio Platforms at an ...

India smartphone market posts 1.5% growth in Q1 with 32.5 mln units shipped

Published 11 May 2020 11:58 CET | India

India's smartphone market saw a relatively flat opening quarter with year-over-yeargrowth of 1.5 percent to 32.5 million units in Q1, according to data from IDC. Despite ...

India adds 5 mln mobile subscribers in January

Published 11 May 2020 09:42 CET | India

India ended January with 1.177 billion telecoms subscribers, which represents an increase of 4.58 million users from the previous month, according to a report from the ...

Samsung reopens exclusive brand stores across India

Published 08 May 2020 10:07 CET | India

Samsung India has reopened its exclusive brand stores — Samsung Smart Cafes & Samsung Smart Plazas — across the country starting this week. The decision to open the Samsung ...

 

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