Technology

WISeKey's seed financing   #WISeKey International Holding Ltd (WIHN.SW) said its first round of seed financing has been oversubscribed, raising $1.3 million for WISeKey India. WISeKey is a Joint Venture established in late 2016 with leading Indian entrepreneurs to deploy...

Soma leads Madrona Soma's expertise to give edge to Madrona. Seattle-based #Madrona Venture Group, an early-stage venture capital firm, has appointed S. “Soma” Somasegar to the role of Managing Director. Soma joined Madrona in November 2015 as a Venture Partner,...

Grid-scale energy storage AES India, a subsidiary of The #AES Corporation (NYSE:AES) and #Mitsubishi Corporation, has announced a joint partnership agreement to deliver India’s first grid-scale energy storage array to the electric grid. The grid is operated by #Tata Power...

Tech-transfer submarine Khanderi, the second of Indian Navy’s Scorpene’ class stealth submarine, is undergoing sea trials. The first of the Kalvari class submarine, it is likely to be commissioned into Navy by the middle of this year. It is part of...

WNS to acquire Denali #WNS (Holdings) Limited (WNS) (NYSE: WNS) has entered into a definitive agreement on Jan 10, 2017, to acquire #Denali Sourcing Services (Denali), a leading provider of strategic procurement BPM solutions. Denali delivers high-end global sourcing and...

Boosting trade ties with Japan Seko meeting Sitharaman in New Delhi on January 9, 2017. India is further accelerating cooperation in trade and energy with Japan, seeking cutting edge engineering expertise and technology in a wide range of economic sectors....

Affordable smart phones Micromax team. In a move to further thrust its daily cash-less dealings among the people, the government has told local mobile cell manufacturers to produce smart phones costing less than Rs2,000 per unit. #Niti Aayog, the National...

Wipro solutions for Hisense #Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) said its #Digital TV Middleware solution has successfully supported product features on #Hisense 4K TVs. The company is a multinational white goods, brown goods and electronics manufacturer in...

Samsung Pay heads for India #Samsung Electronics’ mobile pay service, #Samsung Pay, is scheduled to expand its service coverage in India and Britain within the first half of this year as part of its global marketing strategy. Samsung Electronics also...

Jio selects CubiTV #Reliance Jio Media Pvt. Ltd (RJMPL) has selected TiVo’s CubiTV to enable superior entertainment experiences for subscribers in India. CubiTV will power RJMPL’s advanced HD and 4K set-top box (STB) platforms, said #TiVo Corporation (NASDAQ: TIVO), a...