The cross border tussle at the LAC in Ladakh coupled with the coronavirus pandemic has created a stir of anti-China sentiment among Indians calling to boycott Chinese smartphones and other products. However, Xiaomi India chief Manu Kumar Jain believes the sentiment is only limited to social media and is unlikely to affect the company’s business in India. In an interview with CNBC-TV18, Jain stated that Xiaomi is more Indian than any other smartphone brand. Over the past six years, Jain states that the company has brought its R&D, manufacturing and production team in India, generating employment for more than 50,000 locals.…
Author: Team Admin
Google said on Thursday it plans to offer credit to millions of merchants in India through its Google Pay app starting later this year as the American technology group looks to help small businesses in the country steer through the pandemic and also find a business model for its mobile payments service. The company said it is working with financial institutions to offer loans to merchants from within Google Pay for Business app. The Google Pay’s business app, which the Android giant launched late last year, has already amassed 3 million merchants, it said. Google’s announcement today comes as part of its effort…
Bengaluru: Software major Infosys said it is actively looking at acquisitions outside at its annual general meeting of shareholders on Saturday, the AGM, held virtually for the first time due to the COVID-19 pandemic, saw 1771 shareholders log in from various parts of the country. It lasted for nearly three hours, with multiple questions on the impact of the pandemic and the recent visa ban by President Trump. In response to questions on whether the company will look at acquisitions, Infosys CEO Salil Parekh said, “We are actively looking at acquisitions outside India. We have an active program of looking at acquisitions. We are seriously looking at acquisitions…
The State recorded its highest single day spike of COVID-19 cases with 89 positive c…
The Anti Corruption Branch (ACB) sleuths have arrested panch of Anjuna village panchayat Hanumant Govekar on charges of extortion while two are absconding. The investigation team booked three members of the panchayat following complaint from businessman Samar Merchant alleging that Surendra Govekar, Sheetal Dabolkar and Hanumant Govekar have been demanding extortion amount from him. “One of the panch members of the opposition Anjuna panchayat Surendra Govekar accused him (Merchant) of carrying out illegal activities on his property at Ozran beach. To the bet of his abilities, this panch tried to defame and scare him after publicising false news. When Merchant…
The Association of All Goa Muslims Jamats has issued SOPs for the masjids to adhere to safet…
Expats stuck in India wishing to return to their families and jobs in the UAE, and expats wishing to travel to India on regular flights, have both expressed severe disappointment at India’s decision to delay international commercial flights operations. In a circular on Friday, India’s aviation regulator Directorate-General of Civil Aviation (DGCA), announced that international flights to and from India shall stay suspended till July 15. The restriction will not apply to international cargo operations and flights specifically approved by the aviation regulator. “However, international scheduled flights may be allowed on selected routes by competent authorities on a case-to-case basis,”…