After a few buzzing and swinging, Apple is finally reported to start manufacturing iPhones in India. According to the sources, Apple will conduct assembly related operations through Taiwanese contract manufacturer Wistron at their Bangalore facility in India. Reports also suggest that Wistron will start manufacturing the iPhone 6 and 6s models within the next two to four weeks which will be further joined by iPhone SE in next two to three months.
A government official familiar [...]
Reports have been doing rounds since start of the year and now, Idea cellular on Monday, 20th March has confirmed that they have agreed on its merger with Vodafone India and its subsidiary Vodafone Mobile Services Limited in the country. The combined entity post-merger will have 43% market share and will be the largest telecom company in India with 400 million customers, overtaking the current market leader Airtel. This merger could also be an after-effect of Reliance Jio’s [...]
Airtel Payments Bank, a subsidiary of Bharti Airtel Limited was first rolled out across 10,000 Airtel retail outlets in Rajasthan, during the pilot phase in November last year. Today, at an event in New Delhi, the Airtel Payments Bank is officially launched across all 29 states in the country.
According to the company, there are over 250,000 Airtel retail stores in the country, that will also function as banking points, and [...]
Airtel Payments Bank, a subsidiary of Bharti Airtel Limited on Wednesday rolled out a pilot of its banking services in Rajasthan. The pilot is aimed at testing systems and processes ahead of a full scale pan Indian launch. The banking services are rolled out across 10,000 Airtel retail outlets in Rajasthan.
Airtel Payments Bank has become the first payments bank in the country to go live. Customers in towns and villages [...]
The Chinese smartphone manufacturer Lenovo has overtaken home-grown handset maker Micromax to become the 2nd largest smartphone brand in India for the first time ever. India’s smartphone market grew by over 20% year on year in Q3 2016 as shipments broke the 30 million mark. While, Samsung continues to dominate its number 1 spot by maintaining its overall growth in the market with its share being a little over 20%.
According to the Singapore-based research firm Canalys, another [...]
India’s leading Online travel firm MakeMyTrip has announced merger with the rival Ibibo group in an all-stock deal. The deal will create the biggest player in the fast-growing flight, hotel and bus bookings market in the country. The value of the combined entity is estimated around $ 1.8 billion.
The combination will bring together a bouquet of leading consumer travel brands, including MakeMyTrip, goibibo, redBus, [...]
After the entry of Reliance Jio, Mukesh Ambani’s brother Anil Ambani’s Reliance Communications has decided to merge its mobile phone services business with the telecom operator Aircel. This merging deal has produced the fourth largest telecom company by assests in India with a net worth of Rs 35000 crore ($ 5.2 billion) and asset base of over Rs. 65000 crore ($ 9.7 billion). This is the biggest merger Indian Telecom has ever witnessed.
RCom and Maxis Communications [...]
Google, the search giant has now acquired Digisfera, a Portugal based panorama startup for upgrading the Street View further. The acquired company is specialized in 360 degree photography and panoramic photos. Through their official blog post, Digisfera confirmed the acquisition and stated that the employees will be joining the team of Google’s Street View.
Because of the acquisition, the company has ceased their service [...]