• UBER Tata Overseas Fund
    Tata Overseas Funds invests in Taxi Service Uber

    India corporate giant Tata’s private fund, Tata Overseas Fund announced today its first investment in a global business: Uber. It is not exactly clear how much was invested but reports claim it could be in the range of USD 100 Million.  http://www.livemint.com/Companies/3stUSqNMHesUdVi8NmLXTK/Uber-gets-investment-from-Tata-Capital-Fund-to-expand-in-Ind.html Uber started services in India, 2 years ago and is currently serving 18 cities…

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  • google-logo
    Google gets you Wi-Fi: Meet OnHub – A Google Router to Wi-Fi

    Google Inc., @Google announced yesterday Aug 18, the launch of OnHub –  Google’s Official Wi-Fi Router. From Google’s Official Blog post: http://googleblog.blogspot.in/2015/08/meet-onhub-new-router-for-new-way-to-wi.html . Quoting from blog post: Starts Fast, Stays Fast During setup, OnHub searches the airwaves and selects the best channel for the fastest connection. A unique antenna design and smart software keep working in the…

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  • Jionet launch in Orissa
    Reliance Jio getting armed for full-blown 4G Launch: Devices starting USD 85 to USD 420, VoLTE Capable

    @Reliance #Jio its war time preparation under full swing! On Aug 17, @RJio announced Beta launch of 4G for its employees: http://www.merinews.com/article/reliance-jio-launches-beta-program-of-4g-services-for-its-employees/15908812.shtml  – On Aug 18, @RJio announced experimental Free Wi-Fi service in Lucknow (UP) Hazrathganj town main street bazaar area http://telecom.economictimes.indiatimes.com/news/industry/reliance-jio-launches-free-wi-fi-service-in-lucknows-hazratganj/48507907. Today Reliance Jio says it is launching 4G handsets priced between Rs. 5ooo (USD 85)…

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  • SBI Buddy App payment application
    SBI jumps into Mobile Wallet space with State Bank Buddy App

    Mobile Wallet is steaming hot in India – Triggered by host of mCommerce sites and payments via mobile, State Bank https://www.sbi.co.in/buddy/ is the latest to join other bank wallet apps such as ICICI Bank’s Pockets http://www.icicibank.com/Personal-Banking/insta-banking/internet-banking/pockets/index.html, HDFC Bank’s PayZapp http://www.hdfcbank.com/personal/making-payments/pay-with-payzapp/payzapp.  PayTM https://paytm.com/, Mobikwik https://www.mobikwik.com/ are entering banking turf as banks are fighting back. This is also a hotly contested investment…

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  • Infinera's bid to acquire Transmode
    Infinera’s Transmode Acquisition bid of April 2015 to close Next week (mostly)

    Long haul Optical Transport market leader and key Metro cloud market player #Infinera’s  April acquisition bid to pick up Swedish #Transmode, the Metro Core, Edge and Access player appears likely to close next week. http://www.lightreading.com/optical/packet-optical/infinera-transmode-closing-imminent-karls-in-charge-of-metro/d/d-id/717640

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  • Ciena
    Philippe Morin, Ciena’s VP Worldwide Sales quits

    #Ciena, the network specialist loses Morin, Vice President Worldwide Sales and Field operations will exit Ciena effective end of October 2015. Morin became part of Ciena as a part of acquisition of Nortel MEN business unit in March 2010 and was a key contributor in Ciena’s transition to an open, cloud-based, software-defined leader in the…

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