Quick Recap: Top 10 Stories On Channel Times

Is Neoteric Shutting Down Its IT Distribution Business?

Neoteric Infomatique, one of the prominent IT distribution companies in India has allegedly decided to terminate its IT hardware distribution business. According to the sources familiar with the development, shrinking profit margins and huge losses on stock inventory are the major reasons behind the decision to cease the distribution business. Read More

Can Pokemon Go Help Corporate Build Great Teams?

Business leaders are taking cues from video games (and other virtual games) to build a great team that is essential to an organization’s success. Experts now suggest, Pokemon Go, which has taken the world by storm, may be one of the best ways for CXOs to imbue new energy into their corporate culture. Read More

Small Cities Now A Big Market For Smartphone Biz

India, undoubtedly has emerged as the next smartphone destination worldwide, but the real growth of smartphone business lies in the rapidly developing Tier 2 and Tier 3 cities and towns. Rapid adoption of smatphones and expanding internet reach in small cities and towns are set to spearhead the next wave of growth for the smartphone market. Read More

HC Finds Lava Guilty Of Patent Infringement, Slaps Penalty

In a major set back to Lava International, the Delhi High Court found the domestic handset manufacturer guilty of patent infringement in its dispute with Swedish technology major Ericsson. The high court in its interim order has asked the company to deposit a sum of INR 50 crore with the court. Read More

Cisco’s Cyber Security Biz On A Rapid Growth Track

Cisco Systems, which is known for its collaboration services is enhancing focus in the cyber security industry with a dedicated effort to grow in this space. The company has befitted from its cyber security strategy and is expected to continue to benefit from the widespread adoption of cyber security. Read More

Equalization Levy Makes App Purchase Costlier On Apple, Google

Mobile applications bought on the Apple and Google platforms could get costlier as the government is planning to bring app purchase under the ambit of the ‘equalization levy.’ The government is looking to include Apps purchase under the levy by the end of December. The government is expected to issue guidelines by December. Read More

Symantec Names Blue Coat’s Michael Fey As President, COO

Cyber security firm Symantec has named Michael Fey as the president and chief operating officer of the company. The appointment comes in the heels of Symantec’s announcement last month that it intended to acquire Blue Coat for $4.65 billion. Read More

Foxconn Not Pleased With Nokia’s Legal, Financial Issues

Foxconn seems not pleased with Nokia’s legal and financial crisis. With regards to taking over Nokia’s Chennai production plant, the Taiwanese multinational electronics contract manufacturing company, has laid down certain conditions, which include freedom from all financial and legal liabilities of the plant. Read More

Govt Should Take Steps To Resolve Dealers’ Issues: AKITDA

The All Kerala IT Dealers Association (AKITDA) has demanded proactive approach on a part of the government to resolve various issues faced by the traditional IT Channel community in the state. Read More

Karnataka Govt To Launch New Startup Policy

Karnataka government will soon unveil its new startup policy that aims to nourish startup ecosystem in the state. The State has identified nine universities and has earmarked a budget of up to ₹40 lakh to encourage students to work on start-up ideas. Read More

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