It’s Monday morning and once again time to do a quick wrap-up of the posts published on Trak. Given that it was the Diwali week, it is understandable that most of you may be offline. But worry not, this wrap-up will bring you all the tech buzz from last week!
Govt. of India is right now drafting policies of app based taxi operators like Ola and Uber, and as per indications received till now, surge pricing maybe allowed upto 3-times.
Snapdeal has vacated its 200-seat office in Mumbai and has shifted base to a 90-seat office in a co-working hub in Andheri. This transition is only one of the methods to curb costs and losses for the company. The expected reduction in costs is expected to be around 10%.
India’s largest 4G operator by subscribers and network coverage, Reliance Jio has now started the home delivery of its SIMs. This move would certainly help Mukesh Ambani-led telecom operator to boost its subscriber acquisition rate.
According to a statement by Google, the top 10 ads accounted for a total of 2.8 lakh hours of watch time combined and 72% of these ads were viewed on mobile devices. Here is a list of those top 10 Video ads on Youtube India
The Confederation of All India Traders (CAIT), a powerful lobby of traders and merchants have said that Chinese goods suffered a massive dip of 60% in overall sales this Diwali. Not only crackers but electronics gadgets and lighting devices made in China have experienced reduced sales this festive season.
Andhra Pradesh and newly formed state Telangana are fast becoming the most preferred destination for starting a new business, thanks to speedy reforms and precise allocation of funds to boost entrepreneurship.
Telecom Authority of India (TRAI), which is the nodal agency for everything related with telecom has taken India into the dark ages in terms of Internet access. As per TRAI’s latest directives, even a crawling and depressing speed of 512 kbps would be considered as ‘Broadband Internet’ in India.
Airtel has awarded a $60 million project to Nokia for developing its VoLTE capability in India. The VoLTE facility is expected to be launched this year and the deal will be for Nokia to implement this technology nationwide.
In a stunning comeback, Flipkart CEO Binny Bansal has claimed that they have sold upto 80% more goods in value, compared with Amazon, which sold more goods in quantity.
Google is now rolling out improved detection and filtering systems to combat manipulation attempts. If an install is conducted with the intention to manipulate an app’s placement on Google Play, Google’s systems will detect and filter it.
On-demand videos on digital medium is a competitive sector, and some of the heavyweights of this industry are right now battling it out to prove their dominance. Among them, Netflix and Amazon Studios are the two players to watch out for, because their whole business model is based on generating subscription revenue from on-demand entertainment, mainly videos, and the fight is intense.
The biggest update since February 2016 has come in the form of a redesigned app – with Uber’s solution to the question ‘Where to?”. Uber wants to make it as short as possible for the rider to book a cab, with a simple push of the ride button. And this makes sense as well, because you don’t want to keep fiddling with your phone to get a cab.
Indian Railways has decided to kick start this modernization drive from AC 3 coaches of Humsafar Express series of trains; the first of which would be flagged off between Delhi and Gorakhpur next month.
LinkedIn has signed a Memorandum of Understanding(MoU) with the Human Resource Development Ministry to create and market more job opportunities for students across India.
Unlike Reliance Jio Bharti Airtel won’t be offering voice calls for free, but also hinted that it might reduce voice tariff in future.
The top 10 most attractive brands in that order are – LG, Sony, Samsung Mobiles, Honda Samsung, Bajaj, Tata, Maruti Suzuki, Airtel and Nokia,
According to the latest research from Strategy Analytics, global smartphone shipments reached 375 million units in the third quarter of 2016. The Android operating system captured a record 87.5% global market share, squeezing Apple iOS and others.
Centre and State Governments have finally reached a consensus on determining the tax rate slabs under Goods and Services Tax Bill. This will help in breaking the barriers which restrained pan-India implementation of GST and in unifying the commerce activities of all traders and merchants
Wipro’s homegrown AI platform Holmes will soon automate jobs done by 10,000 engineers across 20,000 projects from various business verticals. This means that 10,000 highly skilled and paid engineers would become redundant as their tasks would be now done by codes and algorithms.
After US senators introduced bill to stop H-1B and L1 visa hiring, it’s the turn of UK legislatures to restrict inflow of Indian techies into their country. Last year, US had doubled H1-B and L1 visa fees, due to which an estimated Rs 26,000 crore additional expenses were expected by IT industry.
Ola has thought about restrictions on Ola Outstation round trip and to make the rides more flexible and attractive to users, the company is rolling out ‘One-way’ outstation trips, that will not cover the round trip expense. This service is growing 50% month over month and it was high time Ola did something to improve it.
