Technology News

Faced with economic challenges, engineering major Larsen & Toubro (L&T) has laid off 14,000 employees across businesses during April-September period this year, saying it was necessary to stay “agile and competitive”.

Omantel, the first telecom operator in the Sultanate has signed a Memorandum of Understanding (MoU) with HCL Infosystems, India’s premier ICT Services and Solutions company to deliver Internet of Things (IOT), Machine to Machine (M2M) services, enhance automation, accelerate efforts to optimise network capabilities and roll-out large-scale ICT services and solutions across Oman.

Mumbai-based Trade Association of Information Technology (TAIT) has recently announced changes to its board of directors for the year 2017. Rushabh Shah of Graham Information Systems Pvt. Ltd. has been elected President for the second consecutive year.

ASUS has announced the availability of its premium flagship ultra portable Zenbook 3 in India. One of the first ultrabooks to be equipped with the latest 7th Gen Intel Core processors with Kaby Lake architecture, the sleek Zenbook 3 will be available in three exclusive colors — Royal Blue, Rose Gold and Quartz Grey.

Airtel Payments Bank Limited (“Airtel Bank”), a subsidiary of Bharti Airtel Limited (“Airtel”), said that it has rolled out a pilot of its banking services in Rajasthan. The pilot is aimed at testing systems and processes ahead of a full scale pan Indian launch.

With long and never ending ATM and bank queues… if you got up in the morning with the determination to get hold of the cash and yet there are 100s of faces standing ahead of you, all with the same determination and zeal, here’s counting ways to keep you upbeat and ways to utilise your time in the queues.

TVS Motor Company announces IRIDE, an intelligent, intuitive automobile post sales and service smartphone application to enhance the riding experience for customers. IRIDE monitors the ride parameters of the vehicle during transit which helps customers plan and improve the riding experience, while keeping them safe.

Almost every household in India is having a hard time owing to the scarcity of fluid cash and thus dependency on Plastic Money is inevitable. Mobile wallets are tuning themselves to go with this flow and allowing users to easily transact just at the touch of a button on their smartphones.

The industry’s lowest-power Passive Entry/Passive Start (PEPS) solution is now available from Microchip Technology Inc. Two new devices, the ATA5700 and ATA5702, feature a long operating range of approximately 10 meters and ultra-low power consumption enabling up to three times longer battery life than competitive products while operating in the highest sensitivity mode.

Precipitated by the rapid uptake of contactless cards for payments and then to payments via smartphone wallets, the payments industry in itself is witnessing yet another defining transition with the availability of payment options via wearables – the hottest new trend and category in consumer technology.

If you are a gamer, a powerful GPU is the prominent requirement but sometimes cost also matters. The new AMD GPU comes at a decent price but what about the gaming performance, let’s find out.

TP-Link, a global provider of networking products inaugurated its all new HO in India, The opening of the new Head office reaffirms TP-Link’s commitment to this important market. The new Head Office in centre of Mumbai will help more numbers of Distributors, Retailers and Customers to reach to TP-Link India with ease and make business activities more dynamic.

Micro ATM is a point of sales device which oxygen has developed into a full featured banking access device and payment transaction device.

Dell India, recently announced a range of ‘zero cash’ financing options for consumers making it easier to purchase a PC. The financing options will be available for customers to avail through Dell’s association with Bajaj Finance Limited, and credit cards from leading partner banks between 17th November, 2016 and 31st December, 2016.

QuikrHomes, India’s digital real estate business, announced the launch of its cashless managed rentals solution with the acquisition of Grabhouse, India’s leading digitally-driven home rental solutions provider. This strategic move will help the company address an acute pain point in India’s real estate market with a solution that does not involve any cash payments.

Polycom Inc. joins the Electronic Industry Citizenship Coalition (EICC), an alliance of technology companies that advocate for ethical and sustainable value for workers, the environment and businesses. The EICC is comprised of more than 110 electronics companies with the mission of ensuring its members, suppliers and stakeholders collaborate to improve working and environmental conditions through leading standards and practices.

Last week in one of the leading international financial conference, I was asked an intriguing question regarding development of FinTechs in India. My response was in affirmative given the funds flowing into the FinTech sector, the availability of necessary skill sets at an affordable price and the rate of penetration of mobile internet.