ChannelTimes

LeEco Superphones on Wednesday emerged as the favorite on the first day of the three-day “Freedom Day” sale on e-tailer Flipkart. As part of the “Freedom Sale” offers, users can exchange their old smartphones and avail an additional discount of INR 1,500 and INR 2,000 while purchasing Le 2 and Le Max2 smartphones. The purchase can also be made using credit cards on an EMI for a period of six, nine or 12 months, where users will not have to pay any interest or processing fee, the company said. In...

The ongoing tussle between Mukesh Ambani led Reliance Jio and COAI has further intensified with R-Jio refuting COAI’s allegations and counter attacking the industry body with charges. In a letter to the government and telecom regulator, R-Jio claimed that COAI was promoting ‘vested interests’ of incumbent operators. The Cellular Operators Association of India (COAI) had on Monday written to the Department of Telecom (DoT) to immediately ask Reliance Jio Infocomm Ltd (RJIL) to stop all connections provided to 1.5 million users because it had allegedly bypassed regulations by offering full-fledged...

Famous personality in the security industry, Vishak Raman, has come back to mainstream security business. After quitting Fortinet, Raman was with Tata Communications. In his new role at FireEye, he is designated as senior regional director for India and SAARC and will be based out of Bangalore. An industry veteran, Raman has worked for major security companies like WatchGuard and Fortinet. His career’s longest stint was with Fortinet—he was there for over a decade from 2003. He was senior regional director for India and SAARC when he quit in 2014...

Citrix Systems has appointed Stanimira Koleva as the group vice president (GVP) of sales and services for the Asia Pacific and Japan (APJ) region. She will report to Carlos Sartorius, executive vice president Worldwide Sales & Services. As the new GVP of sales and services for APJ, Koleva will be responsible for leading and evolving the Citrix sales and services strategy to continue to drive the company’s vision of securely and reliably delivering applications and data and supporting our customer’s success in the region. Koleva brings 25 years of industry...

One of India’s leading entertainment conglomerates, Kwan today announced the acquisition of the entertainment start-up Gigstart. Gigstart is an online marketplace that facilitates swift and transparent connections between entertainers and event and party planners. The company also announced the launch of a highly user-friendly mobile app. A first of its kind of booking service, Gigstart verifies and reviews all the artists before listing them on the site. The newly launched mobile app will further provide easy access to the various entertainment options, guiding party planners to the best-suited artists and...

While the GST rates are yet to be announced, handset makers are concerned that the regime may result in concessions currently offered by different states coming to an end. Mobile phones could become dearer by 7-8 per cent after the GST comes into effect, Chinese handset maker Coolpad said on Wednesday. “Depending on the rate of GST, prices could go up 7-8 per cent,” PTI report published in HT quoted Coolpad India CEO Syed Tajuddin as saying. However, Tajuddin said GST will result in a “big jump” in online sales of mobile...

Honeywell Automation India Limited today announced that Ashish Gaikwad has been appointed as its managing director effective October 1, 2016. Gaikwad succeeds Vikas Chadha, who was recently named president, Honeywell India. Speaking about the appointment, Suresh Senapaty, chairman, HAIL, said, “HAIL has a 25-year legacy in India, in developing and manufacturing technologies that serve a diverse and extensive customer base across verticals including oil and gas, power, metals, pharmaceuticals, chemicals, mining, infrastructure, IT/ITeS, telecom, banking, healthcare, hospitality, automobiles, defense, aerospace, transportation, and the residential sector. With more than 25 years...

A new update to the Worldwide Semiannual Public Cloud Services Spending guide from International Data Corporation (IDC) shows worldwide revenues from public cloud services reaching more than USD 195 billion in 2020. This will be more than double the USD 96.5 billion in revenues forecast for 2016 and represents a compound annual growth rate (CAGR) of 20.4 per cent over the 2015-2020 forecast period. Cloud software – the service enablement of products in all three primary software markets: applications as a service, system infrastructure software (SIS) as a service (which combine to...