One of India’s largest media conglomerate, Reliance Retail and the technology major, Samsung have together signed a pact to offer after sales services. With this partnership Reliance will manage Samsung’s after sales services.
Going further Reliance aims at signing similar pacts with nearly all top electronics and technology brands present in the country and becoming India’s leading one-stop consumer electronics installation, maintenance and service venture.
The deal which has been signed between Samsung and Reliance resQ has started with the launch of pilot services in Pune.
After Manu Jain quit Pepsico in June, its now that the food & beverage major has appointed a new Chairman & CEO for India region. D Shivakumar, former MD of Nokia India, fills in the vacant position.
Shivakumar has served as Nokia India’s Managing Director and then moved on to taking over as the VP for India, Middle East and Africa in 2011.
According to Indra Nooyi, as ETRetail reports, Shivkumar has the ability to take a billion-dollar business to the next level with innovation, execution and collaboration.
The technology brand, ASUS India, which has been aggressively expanding its retail presence, now opens its first exclusive store in Bhubaneswar, Odisha. The new outlet will feature the brand’s entire range of Ultrabooks, Notebooks, Netbooks, Tablets and Phablets that are available in India. The retail store Subham Infotech is located at Plot no-610, near UCO bank ATM, Saheed Nagar, Bhubaneswar – 751007.
Unaez Quraishi, Sales & Distribution Director – System Business Group – ASUS India said, “In view of our extensive retail expansion venture, we are extremely elated to be marking our presence in Odisha. Bhubaneswar is one of the country’s fastest developing cities and is emerging as an Information Technology (IT) and education hub in the state. We are affirmative about serving our existing and prospective customers in the region with utmost commitment from this city.”
NASSCOM, the organisation aimed at promoting Indian software industry, invites applications for the second batch of 10,000 startups initiative. Under this initiative, the technology startups achieve Funding, Acceleration, Mentoring and Enterprise connects (F.A.M.E).
Designed to promote and support technology startups, the initiative gives a 360 degree growth of the entrepreneurial ideas including market research, product development, talent acquisition, marketing strategies and others.
Som Mittal, President, NASSCOM said “The way India’s economy has grown in recent times is phenomenal. And to sustain this growth it is imperative to have more entrepreneurs in the country that will transform the landscape and propagate development. We are very pleased with the response that the 10,000 Startup program has received so far and are significantly enhancing the scope of the program in its second league. Adding value at various stages for technology startups in addition to the erstwhile proposition of funding and acceleration would be the primary focus of the program going forward. We are positive that this initiative will enable thousands of entrepreneur’s setup and grow their businesses and in the process further propel India’s economy.”
Under the ambit of 10,000 Start-ups, the program is additionally launching a one of a kind Startup-in-residence mentoring program where NASSCOM is collaborating with successful and entrepreneurial Tech companies in Consumer Internet and Software product space. This collaboration will enable incubation of early stage startups in their premises and support them through vertical experts specifically in the areas of Product Management, Technology, Marketing, Business Development and Human Resource. These renewed focus areas have immense potential and will continue to empower young entrepreneurs to create ventures of global scale from India.
The whole initiative aims at creating 10,000 startups in next 10 years.
Bharti Airtel and Reliance Telecommunication will start selling the latest iPhone 5c & iPhone 5s on November 1 through their retail stores.
While iPhone 5c will be available at a starting price of Rs 42,000 while iPhone 5s will start from a retailing price of Rs 54,000 (these guys are getting way too expensive).
Not hurt by the price, Airtel had already received record breaking pre-bookings of the phones within three days of their US launch.
Though you can also buy contract-free and unlocked 16GB version of the iPhone 5c for $549 (approx Rs 35,000) in the US, and an unlocked and contract-free iPhone 5s for $649 (approx Rs 41,000).
Interestingly, this will be a bang on launch for the festive season.
It’s been a quarter of acquisitions, buyouts and consolidation Including Microsoft taking over Nokia’s handset division and Blackberry selling stake to one of its key investors. Following the league, the next to join the bandwagon, if reports are to be believed, is Lenovo which is looking at buying out HTC.
This acquisition will help the Beijing based Lenovo to strengthen its mobile division, which is Taiwan-based HTC’s forte. Thus, Lenovo will be a strong brand for both PC and mobile handset needs.
All the previous buyouts strongly show that future lies in consolidation, in creating a brand which offers a wife proud of products.
Timepieces have been a necessity for humans since their inception. But now with changing times they have also become style statements, an accessory you should not go wrong with anytime. From technology to design, innovations are happening almost everyday and some amazing wrist watches are being launched. We bring to you 10 breath-taking wrist watches for you to choose from. Hope buy one of these. Continue reading ’10 Must Haves’ this weekend – Wrist Watches Special
The Japanese electronic brand, Panasonic, moves towards abandoning research in smartphones for consumer markets as it struggles to compete with dominant brands including Apple and Samsung.
The company announced that it will suspend developing new smartphones for the business-to-consumer market in Japan, and instead will pour our business resources into smartphones for the business-to-business market that is expected to grow.
Infact there are other brands who are finding it difficult to survive in the market. The names include Sharp, NEC and even Sony to an extent.
After Nokia selling its handset operations to Microsoft, its time for struggling BlackBerry to sell off the business to Fairfax Financial. The deal has been signed for $4.7bn (£3bn).
The company said it has “signed a letter of intent agreement under which a consortium to be led by Fairfax Financial Holdings Limited has offered to acquire the company subject to due diligence”.
The statement continued: “Diligence is expected to be complete by November 4, 2013. The parties’ intention is to negotiate and execute a definitive transaction agreement by such date.” reported bbc.co.uk.
After promoting entrepreneurship across colleges, the Governement of Kerela now takes a step further as it launches the flagship Student Entrepreneurship Policy for the school students of the state.
The state also runs Startup Village which is India’s first telecom technology business incubator. The launch is the second stage of last year’s initiative of offering incentives to college students wanting to set up business start-ups.
Under this second phase, this policy will encourage innovation and innovative business ideas by youngsters especially school going students starting from standard 8th. These students will be encouraged from the tender age by giving them the opportunity to explore original thinking and learn computer programming languages in depth which will give them a great foundation to begin a startup from first year in college and have a successful company by their fourth year in college.
Additionally, the state will also come up with a new project that offers 100 teams of five college students each a Startup Tool Box, which will have high-end computers, smartphones and other technology items required to create a startup company.