ChannelTimes

Gionee has taken a step further for consolidating its presence in the Indian market by soon setting up a manufacturing plant in the country, which the company feels, should be operational in 2 years’ time. This manufacturing unit is meant to serve the African and South-East Asian markets as well, other than the expanding Indian market. Investment into this North-India based manufacturing unit is stated to be about INR 500 crore, and Gionee also reveals that INR 400 crore are being pumped in for marketing and branding activities, half of...

Ever since the adoption of IoT devices has increased in managing workforce and connectivity, as many as 94,000 jobs are expected to freeze in India by 2021, says Zinnov in a report. “Internet-of-things technology will impact 120,000 jobs in the country by 2021. 94,000 jobs will be eliminated, and 25,000 jobs will be created in the five-year period,” Hardik Tiwari, engagement lead at Zinnov, according to ET report. Since everything falls under the graph of upward and downward direction, thus the increasing adoption of Internet of Things (IoT) will impact jobs...

Sophos has announced the launch of new Partner Program for its 1000+ channel partners in India, Bangladesh, Nepal, Sri Lanka and Maldives. The new partner program consists of four levels (Authorized Entry Level, Silver, Gold and Platinum) based on sales performance each level increases in commitment to selling Sophos products and value delivered to customers. The recently launched partner program enhances Sophos commitment to the partner community and is a part of the Global Program which is localized as per the needs of the Indian market, aimed at higher engagement,...

Samsung R&D Institute, Bangalore (SRIB) recently hosted the inaugural meeting of Khronos Bangalore chapter to bring visibility to India’s efforts and involvement in the standard APIs. The event was organized in collaboration with Khronos Group, a non-profit open global consortium of leading graphics hardware and software industries responsible for creating open standards. Khronos Group, headquartered in California (USA), delivers royalty free APIs, to facilitate authoring and acceleration of applications in parallel computing, graphics, dynamic media, computer vision & sensor processing on many platforms. The specifications help companies accelerate the delivery...

Edimax Technology, a networking solutions company, has announced the appointment of Modi Infosol as a distributor for Edimax and Edimax Pro range of products in India. The company said that this partnership will enable Edimax to tap into new geographies; target over 2500+ channels partners and 400+ retailers pan India, substantially increasing their reach and penetration. Also Read: Software To Southeast Asia Becomes RD For Three Major Brands “Partnering with established and forward-thinking companies such as Modi InfoSol is part of our strategy to seize new business opportunities. Distribution network of...

India is home to the third largest number for tech startups in the world, after US and UK, according to a report. In association with Thought Arbitrage Research Institute, Assocham revealed that Bengaluru is host to the largest share of technology driven startups, followed by Delhi NCR and Mumbai while Hyderabad and Chennai are also quite popular among the techies who are budding entrepreneurs. Read Also: Oracle Announces List of Selected Startups For Its Accelerator Program The study, done in association with the ‘Thought Arbitrage’, found that in the technology driven...

Competition Commission has cleared IT company HCL Technologies’ equity swap deal to buy the business of GeometricLtd. Earlier in April, HCL Technologies and Geometric Ltd signed an agreement for the deal. As part of the transaction, HCL would issue 10 shares to shareholders of Geometric for every 43 shares held by them in the company. Read Also: Blackberry Appoints HCL Infosystems As National Distributor The final deal excludes Geometric’s 58 per cent stake in 3DPLM Software Solutions Ltd - a joint venture with Dassault Systems according to ET report. It is...

Tally Solutions has announced the rollout of Release 5.4, the latest version of the Release 5 series from its Tally.ERP 9 suites, in the national capital territory of Delhi and five states – Bihar, Gujarat, Madhya Pradesh, Maharashtra, and Tamil Nadu. While this is the maiden launch of Series 5 in Bihar and Madhya Pradesh; Delhi, Gujarat, Maharashtra and Tamil Nadu stand to benefit from the enhanced performance experience that the 5.4 version has to offer. With the constitutional amendment for GST now passed, the entire country is gearing up...

Inspirria Cloudtech has announced the relocation of their corporate headquarter to new office space in Pune. The new office comes with efficient offshore set-up and secure environment. This initiative aims at improved performances, global market development plans and steady growth. The movement to a 10,000 square feet, well furnished work space provides its employees vibrant and enhanced amenities, and substantial room to accommodate future growth. Further, Inspirria Cloudtech has consolidated itself into a stronger new form and it continues to maintain its standards to meet global business challenges with its...

With reports of global dip in Apple sales and the rumored launch of iPhone 7 next month, tech giant Apple has decided to drop “Store” from all of its retail establishments. The changes have already reflected online as well as all store page refer to stores by names like “Apple Union Square” or “Apple Valley Fair” or “Apple The Grove,” instead of “Apple Store, Valley Fair” or “Apple Store, The Grove” reports MacRumors. According to MacRumors Apple’s move to do away with the “Store” from the retail locations aims to turn...