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Sundar Pichai Hopes Google Can Build Upon PM Modi’s US Visit

Internet giant Google’s chief executive Sundar Pichai on Thursday said the company was looking to renew and strengthen partnership with the country it sees as a pivotal market in its global expansion plans. Prime Minister Narendra Modi is slated to visit the Silicon Valley in his second US trip. “We hope your (Modi’s) visit will energise people in the Valley, ... Read More »

Paytm to Invest $10 Million in Logistics Data Firm LogiNext

Mobile commerce platform Paytm said on Wednesday it is investing $10 million (approximately Rs. 66 crores) in logistics data startup LogiNext. The move is in line with Paytm’s strategic plan to invest $150 million (roughly Rs. 990 crores) in a dozen Indian tech startups over the next few months, the company said in a statement. “While large logistics companies have ... Read More »

Kim Dotcom Case ‘Simple Fraud’, New Zealand Court Told

Prosecutors outlined their case against Kim Dotcom in a New Zealand court on Thursday, saying the core allegation against the Internet mogul accused of multi-million dollar online piracy was one of fraud. The case has already dragged on almost four years and been described by the FBI as the biggest copyright investigation in US history, involving leading-edge technology and huge ... Read More »

PM Modi’s US Visit: ‘Make in India’ to Dominate First Full Day

When Thursday dawns in New York, Prime Minister Narendra Modi is scheduled to launch a full day of economic diplomacy, cajoling titans of industry, finance and media to invest in his hallmark “Make in India” programme. Modi, who arrived in New York Wednesday evening local time to a rousing welcome from members of the diaspora, has a double agenda for ... Read More »

Practo Acquires Hospital Appointment Scheduling Platform Qikwell

Bengaluru-based healthcare platform Practo announced Thursday the acquisition of Qikwell, an appointment scheduling platform for hospitals. The terms of the acquisition were not disclosed. Qikwell will continue to be led by the co-founders, Practo said in an emailed statement. Founded in 2011 by Krishna Prasad Chitrapura and Raghavendra Prasad TS, Qikwell has over 100 employees and a presence in 250 ... Read More »

Amazon Cuts Prime Price for a Day to Celebrate ‘Transparent’ Success; Announces Fall TV Pilot Lineup

Amazon is cutting the price of its $99 (roughly Rs. 6,500) annual Prime membership program to $67 (roughly Rs. 4,400) on Friday for new members to celebrate its original series “Transparent” winning 5 Emmys at the 67th Annual Primetime Emmy Awards. The deal will start on Friday at 12:00 a.m. ET. and end at 11:59 p.m. PT., or 2:59 a.m. ... Read More »

Flipkart Co-Founders Bansals New Billionaires: Forbes India

Leading Indian e-retailer Flipkart’s co-founders Sachin Bansal and Binny Bansal are the latest billionaires in the country, with $1.3 billion (roughly Rs. 8,582 crores) net worth each, according to leading business magazine Forbes India’ rich list released on Wednesday. “Indian e-commerce has added its first billionaires with Flipkart’s founders (Bansals) making debut on our rich list at number 86, with ... Read More »

US Says Fingerprint Records of 5.6 Million Government Employees Stolen

Hackers who stole security clearance data on millions of Defence Department and other US government employees got away with about 5.6 million fingerprint records, some 4.5 million more than initially reported, the government said on Wednesday. The additional stolen fingerprint records were identified as part of an ongoing analysis of the data breach by the Office of Personnel Management and ... Read More »

Governments in India to Spend $6.88 Billion on IT in 2015: Gartner

Governments in India will spend $6.88 billion (roughly Rs. 45,415 crores) on IT products and services in 2015, an increase of 5.2 percent over 2014, according to market research firm Gartner. The forecast includes spending on internal services, software, IT services, data centre, devices and telecom services by local, state and the union government. IT services, which include consulting, implementation, ... Read More »

Google Case Final Decision to Take Quite Some Time, Says CCI

Fair trade regulator CCI said on Wednesday it would take “quite some time” before reaching a final decision on the case related to Internet major Google’s alleged anti-competitive practices. The Competition Commission of India’s investigative arm has submitted its report on the matter. “It is going to take quite some time before there is any finality on the matter,” CCI ... Read More »