Technology

Govt drives electrification of bikes The electric bikes market in India is estimated to post a compound annual growth rate (CAGR) of ~42.95% during the FY 2020-FY 2024 period, given the two-wheelers’ 129% on the year increase in 2019 sales....

Jio transforming global digital ecosystem KKR is investing Rs.11,367 crore in Jio Platforms as a strong indicator of commitment to supporting leading technology companies in India and Asia Pacific. “We are investing behind Jio Platforms’ impressive momentum, world-class innovation and...

DHL’s one-stop customer portal DHL Global Forwarding is launching its innovative one-stop customer portal, myDHLi, for digital logistics in phases to various markets including India. It is currently in a pilot phase that includes more than twenty selected customers from...

Malls and conferences rooms to drive demand The Indian Indoor LED Display Market is projected to grow at a staggering CAGR of 19% during the forecast period 2020-25, according to a report by ResearchAndMarkets. The increasing demand from various application...

Opportunity for Atomic Energy applications To promote affordable cancer treatment using medical Isotopes and envisages to establish an exclusive reactor in Public-Private-Participation (PPP) mode, under the aegis of the Department of Atomic Energy (DAE). This is likely under the Rs.20...

Accenture expands with Indian technology Accenture (NYSE: ACN) has acquired Ahmedabad-based Byte Prophecy, an automated insights and big data analytics company, to meet the growing demand for enterprise-scale AI and digital analytics solutions across the region. The acquisition will add...

Investment needed to scale up vaccine production Biotechnology, an asset heavy industry, has a huge opportunity to become a self-reliant sector if the government provided a stimulus package, said Kiran Mazumdar-Shaw, Executive Chairperson, Biocon. This is the time for all...

Yotta makes strong industry connection Yotta Infrastructure, a developer and operator of hyper-scale data center parks in India, has appointed global Internet & Data Center industry veteran Jarrett Appleby as the Strategic Advisor for International markets. Appleby will spearhead Yotta's...

Path ahead full of unknowns New management skills, leveraging technologies will redefine the approach to navigate through the new normal and towards a road to recovery from the bleak outlook created by COVID-19. This was concluded from a webinar on...

Expanded service for 5+ million individuals HealthAssure has acquired FitMeIn, an on-demand fitness subscription service delivered through a technology-enabled network of 2,500+ fitness centers and coaches. The acquisition will enable HealthAssure to address the comprehensive healthcare needs of its customer...