Infibeam Avenues has said its net profit grew manifold to Rs 26.6 crore during the December 2018 quarter from the year-ago period. The net profit stood at Rs 1.9 crore in the October-December 2017 period, Infibeam said in a statement. The company’s total revenue more than doubled to Rs 150.3 crore in the quarter, compared […]
Archives for February 2019
Brands offering online discounts may face the wrath of brick-n-mortar stores
Offline stores will take action against brands if they don’t curb online discounting or stop launching online-exclusive models at lower prices. With Amazon and Flipkart back to normal as their large sellers have resumed operations, brick-and-mortar stores selling smartphones, computers and consumer electronics fear deep discounting may continue in ecommerce. This follows a brief period […]
For entrepreneurs, it’s business @ speed of tweets
If politicians, film stars, law enforcement agencies make direct connect with the people on Twitter, new-age entrepreneurs can’t wait to hitch a ride. Twitter is the best way to get the most constructive feedback at the earliest, according to entrepreneurs who use the micro-blogging site to the hilt when it comes to matters around tech […]
Private Companies Should Begin to Focus on Lease Accounting Changes
Private companies can ease the pain of implementing the new lease accounting standards by leveraging the lessons learned by public entities as they implemented the changes. The new FASB lease accounting standards are effective for private companies, including not-for-profit entities, for fiscal years beginning after December 15, 2019 (i.e., January 1, 2020, for a calendar year […]
Slack adds new tools designed for developers of all abilities
Slack is launching two new tools for developers to build apps within the business communication service without the need for in-depth coding knowledge. The first is called ‘Block Kit’, which is a user interface (UI) framework to help developers do more with the information inside Slack. Its aim is to provide more flexibility and control over […]
IoT providers need to take responsibility for performance
Last year saw the continued growth of enterprises adopting internet of things solutions, with companies harnessing the power of wireless data collection, analytics and connectivity to enhance productivity and efficiency in ways we could previously not imagine. Analysts expect corporate spending on IoT in the U.S. to approach $200B in 2019, with global spending exceeding […]
Amazon Prime Video expands its India content slate with six original series
Amazon Prime Video is expanding its India slate of original series by announcing six new series and a returning series. This is part of the company’s global launch of 20 new and returning international series across seven countries including UK, Germany, Italy, Spain, India, Japan, and Mexico. Amazon said all the six announced series will […]
Ebix acquires 80% stake in Zillious Solutions
Ebix Inc has acquired an 80% stake in on-demand SaaS travel technology firm Zillious Solutions through its Indian arm, Ebix Software India. Zillious is a pure-play on-demand technology initiative which enables end-to-end technology needs of travel management companies (TMCs), corporate, travel agents and Online Travel Agents(OTAs) in the travel industry. The company works with seven […]
New ‘Managed Databases’ Service Available from DigitalOcean
News New ‘Managed Databases’ Service Available from DigitalOcean By Wendy A Hernandez 02/14/2019 As its Valentine’s Day gift to its developer community, today DigitalOcean LLC launched its new Managed Databases for PostgreSQL offering, with additional database engines expected to be released throughout the year. The company says the service will “allow developers to create fully […]
Lenovo TruScale bundles data centre hardware into a cloud-like model
Lenovo has launched TruScale Infrastructure Services, a subscription service for businesses to use and pay for data centre infrastructure and associated hardware without paying upfront. It’s particularly well-suited to businesses that don’t have the capital to keep paying out for infrastructure as their needs scale up or don’t have the IT resources to procure and […]