Month: July 2017

India Smartphone shipment shrinks due to GST

India Smartphone shipment shrinks due to GSTAs per the news report, Canalys, a market research firm has reported that smartphone market has contracted for the first time in India. The report highlights that shipment of smartphone fell by 4% year-on-year to 27 million units in the country. This drop in the shipment is mainly due to the implementation of GST which took place on July 1,2017.

talking about the impact of GST, Rushabh Doshi, Canalys Analyst said that the entire market is confused over GST and a lack of awareness about the changes that are needed. He also added that the market has adopted a wait-and-see policy as the distributors and retailers are apprehensive about the impact on prices.

Most of the banks have automated Core Banking functions. Their collection process grossly remains manual, maybe because it is outsourced to collection agencies and they have not been deploying technology ….Read More

From 2019 India’s financial year to shift from April to January

From 2019 India_s financial year to shift from April to JanuaryThe Narendra Modi Government has decided to scrap the colonial tradition of presenting budget in the month of February.

Come 2019, the budget will be applicable from the first day of the new year. It is expected that the budget for 2019 will be presented latest by November 2018.

This also means that budget of the financial year 2018-2019, which will be presented on February 1, will be applicable only for nine months, up to December.

The government will also start realigning all the economic data with the calendar year format….Read More

India to achieve 600 mn broadband connections target

India to achieve 600 mn broadband connections targetTo increase the broadband penetration in the country. The mission made project BharatNet is to provide 100 Mbps broadband connectivity to all Gram Panchayats. India has plans to reach 600 million broadband connections as per National Telecom Policy 2012 says Minister for Communications Manoj Sinha.

Manoj Sinha said, “As per information provided by Telecom Regulatory Authority of India (TRAI), there were 422.19 million broadband subscribers and the internet penetration was 32.86% in the country as on March 31, 2017.”

In a written reply to a question in the Rajya Sabha, Manoj Sinha said that the National Telecom Policy 2012 envisages 600 million broadband connections by the year 2020….Read More

NTT Comm expands it’s Data Centers, to invest Rs. 1000 cr in India

NTT Comm expands it's Data Centers, to invest Rs. 1000 cr in IndiaNTT Communications Corporation (NTT Com), the Global provider of ICT solutions and NTT Communications India announced that the company will invest over $160 mn (approx. 1K cr) for the expansion of its data centre in India with construction of the Company’s two new data centers in Mumbai and Bangalore, through Netmagic, a subsidiary of NTT Com and one of the leading managed hosting and cloud service providers in India and will become operational by April 2018. NTT is committed to enable customers with high-quality infrastructure services as well as the management and security services to meet their Information and Communications Technology (ICT) outsourcing needs.

With the increasing demand in cloud services continues ,NTT is gearing up with it’s state of art data centers in Mumbai and Bangalore,which will be accommodating 2,750 racks / 22MW power and 1,500 racks / 15 MW power respectively. With NTT Com’s high-speed, high-volume Internet backbone and network services, customers can…Read More

Meizu unveils PRO 7 and PRO 7 Plus, with dual Screens and cameras

Meizu unveils PRO 7 and PRO 7 Plus, with dual Screens and camerasChina based Smartphone manufacturer Meizu has announced the launch of its two new devices, PRO 7 and PRO 7 Plus offering dual screens and dual cameras.

Talking about the features, both the devices features AMOLED rear display, the dual rear cameras of both devices come equipped with 12-megapixel Sony IMX386 sensors. The front camera of phones has been upgraded to a 16-megapixel sensor. The four-in-one algorithm of the camera is activated automatically in dark environments, enabling quality pictures even in lowlight environment.

While, The PRO 7 equipped with the Helio P25 processor and 5.2-inch screen display, on other hand the PRO 7 Plus runs on the 10nm Helio X30 processor and features a 5.7-inch screen display. The Meizu PRO 7 comes with 4GB of RAM and 64GB of internal storage, coupled with LPDDR4X and eMMC5.1 technology. Meanwhile, the PRO 7 Plus comes with 6GB of LPDDR4X RAM and offers two storage options: 64GB and 128GB, both using UFS2.1 technology….Read More

LG redefines PC industry with PC-on Monitor

LG redefines PC industry with PC-on MonitorLG has brought a revolution in the PC industry with the launch of PC-on Monitor. It is a new concept of integrating a PC and its peripherals in one with all its core functions. It is a real hassle to shop for monitor, PC, keyboard, mouse etc separately but with LG’s PC-on Monitor all the worries have come to an end. Moreover, it is very cost-efficient and wireless.

The PC-on Monitor offers speed in performance and unlike other desktops, it does not occupy space. It is hard to make desktops look neat and organized with all those wires and cables but PC-on Monitor is compact and can be easily installed at the back of monitor, frees up much space that once occupied by desktop….Read More

mjunction to build a platform for e-bidding for Directorate General of Hydrocarbons

mjunction to build a platform for e-bidding for Directorate General of Hydrocarbonsmjunction services limited has been appointed by the Directorate General of Hydrocarbons (DGH) to build a platform for them to enable e-bidding, e-evaluation of bids, and e-allocation of oil & gas fields. This platform will aid in transparent allocation of the country’s natural resources, and help the country to reduce its oil import bill by $8 billion annually, as per the Petroleum & Natural Gas Ministry officials.

mjunction CEO Vinaya Varma said, “I am happy that in addition to managing e-auction of spectrum for the Government of India, we have also been entrusted with the responsibility of building this platform. We have built up strong competencies in design and conduct of large- value e-auctions, and I want to thank DGH for this nationally important contract.”Read More