Japanese internet and telecom giant SoftBank’s Vision Fund is investing $400 million in baby and mothercare product retailer FirstCry, according to regulatory documents. Of this, around $150 million has already been infused into the company. The resolution for the same was passed on January 18, regulatory documents show. After this investment, the company is estimated […]

The decision of restaurants and hotels in Ahmedabad to boycott leading online food delivery platforms Swiggy and Zomato has led to a 30% drop in their online deliveries, and yet they will continue the boycott, an industry association said. Hotel and Restaurant Association (Gujarat) (HRA) on Tuesday said it will not concede to the suggestion […]

Social media platforms are set for a major windfall this election year as media experts believe advertising spends on social media will see a jump of around 150% compared with the previous general election year of 2014. Some advertisers expect social media alone to corner about Rs 12,000 crore in ad spends this year with […]

The Internet and Mobile Association of India (IAMAI), Broadband India Forum and the Asia Internet Coalition have opposed suggestions by telecom operators that over the top (OTT) services be licensed and regulated. They argue that these constitute an application layer that rides on the bandwidth provided by the telcos. Times Internet, which owns OTT platform […]

News OpenFlow-Based Faucet Provides High-Speed SDN Controller By David Ramel 01/22/2019 The open source Faucet project — a high-speed controller for software-defined networking (SDN) implementations — is getting some attention this week at the 2019 linux.conf.au event in New Zealand. The project has been in the works for years, and backer Brad Cowie will helm […]

Photo: Elise Amendola Video streaming service Netflix is making it easier for users to share their favourite titles directly to Instagram stories. Starting today, Netflix users can select any title they would like to share and add that title’s custom art to their Instagram story or send to their friends through direct messages. Users who […]

Private sector lender Yes Bank has partnered with Government of Maharashtra to onboard PDS shops which are popularly referred to as ration shops onto the electronic PDS initiative through which they can become agents of the bank. Under the partnership, Yes Bank will empower more than 20,000 ration shops which can offer last mile basic […]

The RSS affiliated SJM has passed a resolution demanding a robust e-commerce policy to protect the interests of small shopkeepers, as big online retailers Flipkart and Amazon are circumventing laws detrimental to interests of the traders. Swadeshi Jagran Manch (SJM) firmly believes that India should have a robust e-commerce policy to protect the interests of […]

By Andy Mukherjee The battle for the Indian consumer was never going to be an all-American affair. Walmart’s splashy acquisition last year of Flipkart, the homegrown e-tailer giving Amazon a solid run for its money, might have given the impression of a two-horse race. But as I argued, billionaire Mukesh Ambani wasn’t going to watch […]

TomTom will remain independent and grow its core digital maps business, its CEO said on Tuesday after the company agreed to sell its fleet management business to Japan’s Bridgestone for 910 million euros ($1 billion). Amsterdam-based TomTom faces a turning point after Google broke into the market to supply maps to carmakers last year, striking […]