News

Bengaluru pips Tokyo, Tel Aviv in list of innovation hubs India has emerged as a new innovation ‘empire’ of choice by global corporates. Bengaluru - the information technology and start-up hub – has surpassed many global cities as a preferred destination for innovation centres, according to Capgemini’s study on ‘Innovation Empire’. Bengaluru that has emerged as the fifth most preferred location for housing innovation centres, overtook Tokyo, Shanghai, Berlin,  Tel Aviv , Munich and Chicago, said the report titled ‘Digital Dynasties: The Rise of Innovation Empires Worldwide’. In the previous report that captured data until July 2015, Bengaluru did not figure in the list of top 10 cities. The report said Silicon Valley was no longer the hub for corporate innovation, as global enterprises were seeking talent pools beyond established hubs. Between July 2015 and February 2016, four global enterprises set up their innovation centres in Bengaluru, the highest in Asia. During t...

RJio upbeat on trial run, launches website As  Reliance Jio  gears towards upgrading its ongoing trial run of the fourth-generation technology (4G) network into a commercial operation over the next few months, it says it already has at least half a million users. In an investor presentation, the company said, it \"launched full scale service for RIL group employees, partners, vendors and associates on December 28 and over 500,000 users are on board\". The launch is now being expanded to others, it said. Last month, it began a Reliance Jio employee referral program for its 4G service; each staffer could invite up to 10 friends to sign up. Initial feedback on the trial run was \"very encouraging\", it said. In the first month of the trial, average monthly data consumption was 18 GB and average monthly voice usage was a bit over 250 minutes, according to a presentation dated last Thursday. Jio is also testing its digital applications that are to come bund...

Movies & cricket serious business for Apple CEO Tim Cook's future India plans Apple chief Executive Officer   Tim Cook 's visit to India, mixing plenty of leisure with work, has set off comparisons with other tech giants. Facebook founder Mark Zuckerberg's trips to the country in 2014 and 2015 lasted for about two days. Microsoft chief Satya Nadella will come at the end of this month only for a day, the same as the duration of his previous official visit in November 2015. Google's Sundar Pichai was in the country for two days last year. Bill Gates' first visit as the CEO of Microsoft in 1997 was short - barely two days. Apart from limiting the number of days in an official visit to two or three, CEOs of large multinational corporations have mostly stuck to business on such trips - meeting business and political leaders, interacting with students on college campuses, and doing big-ticket launches. Perhaps, Amazon founder Jeff Bezos was a little out ...