Author: News Desk

Forbes India, in collaboration with D Globalist, a global mobility accelerator with a worldwide network of professionals, has launched the new edition of DGEMS. Open Financial Technologies, Lenskart, Medikabazaar, Pearl Global, Good Glamm Group, No Broker are the Indian companies that entered in the top 10 list. Forbes India DGEMS 2023 platform that recognizes 200 companies with global business potential. The shortlisting of these companies was made by Forbes India & D Globalist after vetting on various parameters including their growth in the domestic market, unique business proposition, fundraising and ownership of intellectual property rights. To provide holistic guidance to…

Taiwan-based Apple contract manufacturer Wistron Corp on Friday approved the sale of its plant in Karnataka to Tata group. This paves the way for the salt-to-software conglomerate to become the first domestic entity to manufacture iPhones. “The transaction price is tentatively estimated at $125 million,” Wistron said in a statement. The company’s board reportedly met on Friday to grant approval to subsidiaries, SMS InfoComm (Singapore) and Wistron Hong Kong, to sign an agreement with Tata Electronics for the sale of its 100% indirect stake in Wistron InfoComm Manufacturing. Electronics and Technology Minister Rajeev Chandrasekhar announced that Tata Group will start making…

The India Mobile Congress 2023 witnessed groundbreaking announcements and initiatives in the telecom industry, bringing India closer to becoming a global technology leader. This article explores key developments, including Reliance Jio’s satellite communications service, the impending satellite broadband services by Eutelsat-OneWeb, and the 5G race among telecom giants. Expanding Broadband Access Across India Reliance Jio, helmed by Mukesh Ambani, made a significant stride in connecting the unconnected with the launch of Jio Space Fiber, its satellite communications service. The service, unveiled at the India Mobile Congress, demonstrated its capability by connecting four of the most remote locations in India: Gir,…

Imagine escaping the confines of a traditional office and trading them for a workspace by the tranquil shorelines of Dubai. This vision is now a reality, courtesy of Emirates Integrated Telecommunications Company (EITC), as they unveil the groundbreaking “Work Getaway.” Nestled at the scenic Sunrise Beach in Dubai, this pop-up workspace promises a redefined experience of remote work. Work Getaway – Your Office by the Shore Dubbed “Work Getaway,” this beachside remote working space has been meticulously designed to cater to a wide array of business needs. It offers essential amenities such as unlimited 5G internet access and an advanced router, ensuring a seamless and productive working experience. More than just a workspace, “Work Getaway” embodies a…

IBM launched watsonx Code Assistant, a generative AI-powered assistant that helps enterprise developers and IT operators code more quickly and more accurately using natural language prompts. The product currently delivers on two specific enterprise use cases. First, IT Automation with watsonx Code Assistant for Red Hat Ansible Lightspeed, for tasks such as network configuration and code deployment. Second, mainframe application modernization with watsonx Code Assistant for Z, for translation of COBOL to Java on IBM Z.1 “With this launch, watsonx Code Assistant joins watsonx Orchestrate and watsonx Assistant in IBM’s growing line of watsonx assistants that provide enterprises with tangible ways to implement generative AI. Watsonx Code Assistant puts AI-assisted code development and application modernization tools directly into the hands…

The Consumer Affairs Secretary Rohit Kumar Singh said that that the Union government will launch the world’s first software to detect dark patterns on the Internet, which are tricks tech companies use to get users to click features that benefit the company. The consumer affairs ministry, in collaboration with Indian Institute of Technology-Banaras Hindu University, on Thursday launched a four-stage hackathon to build an open-source software that will be available as a freely downloadable browser extension and a mobile app, a global first, to alert users to the presence of dark patterns on websites. Singh said the central government is building a software which will detect websites…

The Asia Internet Coalition (AIC), an industry group representing big tech companies such as Google, Apple, Meta and Microsoft, has approached the Ministry of Electronics and Information Technology (MeitY) to provide a 12-18 month long transition period to comply with certain key provisions of the data protection Act. In a letter to IT Minister Ashwini Vaishnaw and Minister of State for Electronics and IT Rajeev Chandrasekhar, the Asia Internet Coalition recommended a yearlong compliance period for companies to prepare their systems for issuing consent notices to users. “Since implementing these provisions would require structural changes in organisations and businesses, they are likely to face significant challenges during…

At this year’s Gitex Global, the world’s largest technology event, Etisalat by E& has unveiled an industry-first, the “world’s first autonomous telecom store” powered by artificial intelligence (AI). This innovative store, known as ‘EASE,’ is located in Dubai at Al Kifaf and promises to redefine the customer shopping experience. AI-Powered Customer Interaction EASE isn’t your typical telecom store. It features an interactive robot designed to answer customer queries and provide assistance. Visitors can explore a range of products, including mobile devices and accessories, as well as prepaid and postpaid plans. Making a purchase is a breeze, thanks to self-service kiosks that facilitate seamless transactions.…

TMRW House of Brands, an Aditya Birla Group venture, announced an expansion in their portfolio of brands with a partnership with The Indian Garage Co (TIGC). TMRW invested INR 155 Cr in the digital-first fashion brand in the casual wear market with Men’s Wear segment and recent expansion into Women’s Wear and Plus Size segments with FreeHand and HardSoda brands respectively. TIGC reportedly clocked a revenue of INR 300 crore in FY23 with a healthy profit margin. “We are excited to announce our partnership with TIGC which expands our portfolio in the Casual Wear space. With a deep consumer understanding and…

Ratan Tata recently shared about his younger brother on Instagram, with a heartwarming caption, ‘Those were the real happy times’. The post went viral on social media with record likes and shares. But, who is the man in the picture? Ratan Tata’s younger brother Jimmy Tata. Truly an unexplored gem!  The more we get to know him, the more respectable he is for his simple lifestyle. Jimmy lives in a 6th floor 2 BHK apartment in Colaba, Mumbai. A man who owns huge stakes in big corporates like TCS, Tata Motors, Tata Steel, Tata Chemicals, Indian Hotels and Tata Power…