Oct 30, 2018 - How India Inc can embrace digital transformation at every part of the value chain

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TradeBriefs Editorial From the Editor's Desk

Startup idea: Oyo for Retail
"If data is the new oil, remember that oil is useless goop untill it's refined into petroleum" - recent tweet. Unusable/unclean data is a problem that plagues several large organizations. That combined with siloed departmental thinking leads to disappointing results, compared to the promise of big data analytics and AI. Large Indian ecommerce players seem to be stuck in this zone, as highlighted in this article. One company that has surpassed this is Alibaba, as it is now even providing 'unmet needs' data to companies like Mars which came out with a spicy Snickers bar in China based on this insight.

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Pine Labs To Acquire Digital Gift Card Firm Qwikcilver For $110 Million

Pine Labs said the deal will be funded by the company’s cash reserves and existing investors.

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Life After Facebook: The Untold Story Of Billionaire Eduardo Saverin’s Highly Networked Venture Firm

Eduardo Saverin is most famous for two things: cofounding Facebook and leaving America for Singapore. What's gotten a lot less attention is his increasingly sprawling $360 million venture capital business.

Google releasing new photo back up options in India

The feature will be available to a small percentage of Google Photos users on Android.It will allow faster back up at reduced resolutions, making it easier to store pictures even with poor or infrequent Wi-Fi availability

China conducts world's 1st remote surgery on a human using 5G technology

The surgery implanted a neuro-stimulator into a Parkinson's patient at a hospital in Beijing .The process was made possible with the low-latency 5G technology provided by Huawei and China Mobile

Robots will process orders at Flipkart’s Bangalore facility

Flipkart has deployed Automated Guided Vehicles (AGVs) at its Soukya sortation center in Bangalore.The AGV setup includes more than 100 self-guided bots which can automatically sort and assign packages to the pin codes of the customer

Mindtree promoters condemn hostile takeover, remain opposed to L T takeover bid

Here is the promoters statement that outlines potential negative consequences to corporate culture.

Tech Mahindra aims for 50% revenue share from digital business

The company is investing in reskilling employees in next generation technologies like Blockchain, Cybersecurity, Artificial Intelligence, Machine Learning, and Automation

Danish IT firm Columbus to double India head count

A large part of the intellectual property for the firm gets created in India, developing end to end products and solutions for global customers.

Secure Cam to invest Rs 200 crore in India, makes Kochi its base

The company has earmarked about Rs 200 crore for the implementation of ‘Secure Our City in India.

HCL Tech gets $1.3 billion renewal deal from Xerox

The incremental contract would be for a period of seven years, said HCL Tech in a press release.

After 'Main Bhi Chowkidar' video, Arun Jaitley takes social media campaign to next phase

New Delhi, Mar 19 (UNI/IBNS) The 2019 parliamentary elections are set be a big time war on social media - at least from BJP's perspective - and none other than party's publicity committee chairman and articulate Arun Jaitley is leading the charge.

Social media could play decisive role in 2019 Lok Sabha polls: IT expert

Technology and social media would occupy centre-stage in the 2019 general elections and play a decisive role, says former Telecom Secretary and former President of NASSCOM, R Chandrasekhar

Instagram's new checkout feature allows users to shop in app
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Flipkart introduces India-first automation initiative

Kolkata/Bangalore, Mar 19 (IBNS): In an industry-changing move, Flipkart, India’s leading e-commerce marketplace, has introduced the country’s first robot-based sortation technology, Automated Guided Vehicles (AGVs) at its Soukya sortation center in Bangalore. 

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