New Delhi: With cheaper and smarter lights fast replacing incandescent bulbs and compact fluorescent lamps (CFL), smart connected lights will become one of the largest internet of things (IoT) devices in the next five to 10 years, Harshvardhan Chitale, Vice Chairman and Managing Director, Philips Lighting India, has predicted.
Tech & Biz
New Delhi: Joining the 'go digital' bandwagon, South Korean giant Samsung on Wednesday launched Samsung Pay, the company's flagship mobile payments service, in India. Apart from allowing users to simply tap and ‘pay on the go' using their registered cards, Samsung Pay has integrated digital wallet Paytm as well as the government's Unified Payments Interface (UPI) payment system into its app.
Kolkata: Coal India Ltd (CIL), which contributes 84 per cent of the country's production, is likely to end the current fiscal with a shortfall against its annual production target for 2016-17, analysts and industry stakeholders say. They, however, predicted that the production and sales are expected to achieve "marginal growth" over the last fiscal. During 2016-17, the miner set a target of producing 598.61 million tonnes (mt) of coal with an 11.11 per cent growth over the 538.75 mt produced in 2015-16. Its sales were at 534.50 mt in the last fiscal.
New Delhi: Benefits from the merger of five associate banks of the State Bank of India (SBI) into itself, which will come into effect from April 1, will accrue only from the third quarter of 2017-18 as the initial two quarters may see some increase in costs, the country's largest lender has said. "We should start seeing the benefits of the merger after the end of the second quarter," SBI Managing Director Dinesh Kumar Khara told IANS.
Hong Kong: Investors based in Hong Kong are putting more money in start-ups and are increasingly looking at India as an investment option due to its strengths in areas such as information technology, a senior official has said. Jimmy Chiang, Associate Director-General InvestHK, told IANS that investors based in Hong Kong, including venture capitalists, private equity companies and family offices, were getting increasingly interested in start-ups.
Las Vegas: Claiming it is "creating magic in the clouds" top officials of creatives company Adobe launched its Experience Cloud, bringing together digital intelligence and machine learning to provide customers with what they called was a complete solution for their digital needs.
The value of digital transactions nationwide declined marginally (1.5 per cent) to Rs 92.6 lakh crore ($1.4 trillion) in February 2017 from Rs 94 lakh crore in November 2016 ($1.42 trillion), according to representative data (provisional) on electronic payments released by the Reserve Bank of India (RBI).
New Delhi: State Bank of India (SBI), which will see five associate banks merge into it on April 1, has decided to shut down almost half the offices of these banks, including the head offices of three of them. This process will start from April 24. "Out of the five head offices of the associate banks, we will retain only two. Three head offices of the associate banks will be unbound along with 27 zonal offices, 81 regional offices and 11 network offices of the associate banks," SBI Managing Director Dinesh Kumar Khara told IANS in an interview.
Bengaluru: Blueleaf Software Technologies won the Hot 100 Technologies Award for 2017, which honours startups providing unique and disruptive technology solutions that deliver real benefits and innovation. This is the third edition of the Hot 100 Technology Awards from CORE, whose knowledge partner is KPMG.
New Delhi: As Jio will make its services paid from April 1, 2017, it was thought that many customers may stop subscribing to it, but a research conducted by brokerage firm Bernstein showed opposite trend. "We expected many people would appreciate the 'free' Jio offer but be critical regarding voice quality - with many likely to move back to their primary operator once they were forced to pay. What we see is the opposite," the report stated. Bernstein is a Wall Street research and brokerage firm.
New Delhi: With the internet of things (IoT), artificial intelligence (AR) and machine learning set to define the way Indian enterprises work, "connected" vehicles -- which are to embrace all of these new-age technologies -- is the new buzz in town. Tata Motors showcased "Tamo Racemo", India's first connected sports car, at the Geneva International Motor Show on March 10.
Bengaluru: Software major Wipro on Thursday announced winning a 12-year contract to develop enterprise master patient index tool for the National Healthcare System (NHS) in Scotland. As the region's national health board, NHS works to reduce inequalities and improve health conditions. "Our solution will help NHS transition from legacy Community Health Index system to offer cost-effective, efficient, paperless and patient-friendly healthcare services in Scotland," the IT firm said in a statement.
New Delhi: State-owned telecom company Bharat Sanchar Nigam Limited on Thursday launched a plan that will offer 2 GB data per day with unlimited calling at Rs 339, a company statement said here. The special promotional offer under prepaid mobile services is in effect from March 16, 2017, for the period of 90 days on pan-India basis.
New Delhi: Google India on Thursday expanded the transit feature on Google Maps to seven more Indian cities to help users better plan their local commute. The newly added cities are Chandigarh, Lucknow, Vadodara, Indore, Mysuru, Surat and Coimbatore. "Google Maps is your guide to the world around you and this launch is part of our effort to reflect the real world and provide you with relevant information about your surroundings," Sanket Gupta, Product Manager of Google Maps, said in a statement.
Bengaluru: Delhi-based IoT startup CRON Systems on Tuesday announced an exclusive technology agreement with an Israeli defence robotics company to integrate its rovers with CRONs laser-guided surveillance systems. The collaboration with Automotive Robotic Industry Ltd (ARI) could significantly improve the way the nation's borders are guarded, by allowing machines to be the eyes on the ground and be the first responders and thereby reducing risk to the life of thousands of soldiers.