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    1. Leica enters Indian market with a range of cameras, opens first store in Delhi

      Leica enters Indian market with a range of cameras, opens first store in Delhi

      Germany-based camera maker Leica announced its foray into the Indian market and is looking to tap metro cities as the first step towards opening destination centres with its range of cameras. The company, which will compete with the likes of larger players such as Nikon and Canon, which have substantial market share in India, opened its first partner store in the capital.

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      Mentions: Nikon Canon PTI
    2. Co-founder of unicorn InMobi is launching a bike-sharing startup in India

      Co-founder of unicorn InMobi is launching a bike-sharing startup in India

      Over in India, there are a handful of startups working to get the country’s billion-person population on bikes. One of them is Yulu, co-founded by Amit Gupta, who formerly co-founded profitable, billion-dollar startup InMobi. In the next three to four weeks, Yulu will launch its bike-sharing service in Bangalore with a few hundred bicycles. Yulu is starting with regular, dockless…

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      Mentions: Amit Gupta Ford
    3. Nokia 2 India pricing, Xiaomi smartphone teaser, Umang app launch, and more: Daily News Wrap

      Nokia 2 India pricing, Xiaomi smartphone teaser, Umang app launch, and more: Daily News Wrap

      As we start our countdown for the weekend, the technology world continues to offer interesting stories. Samsung’s highly awaited Galaxy S9 series now have a new launch date of CES 2018 which would be in January 2018. HMD Global’s most affordable smartphone, the Nokia 2’s price and availability for India have been revealed. As the day continued, Xiaomi also teased a ‘Made in India’ smartphone launch scheduled for November 30.

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    4. Hyundai Auto Link app brings maps, roadside assist, vehicle health tracker, more: Here’s how it works

      Hyundai Auto Link app brings maps, roadside assist, vehicle health tracker, more: Here’s how it works

      While unveiling its new Next Gen Verna, Hyundai unveiled a new telematics app, which it also promoted under its new Digital India initiative. Called Auto Link, the app is available on both iOS and Android, and is presently only compatible with the new Verna. However, Hyundai promises to soon add support for the app to other cars.

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    5. Paytm Payments Bank gets infusion of Rs 122 crore: Report

      Paytm Payments Bank gets infusion of Rs 122 crore: Report

      Paytm’s parent One97 Communications and its founder and CEO Vijay Shekhar Sharma have infused Rs 122 crore into Paytm Payments Bank, reports Times of India. The publication said that development was found in the ministry of corporate affairs’ filings. With the latest fund infusion, the total capital allocation now stands at Rs 400 crore. According to the filing, Sharma has invested Rs 62 crore in his personal capacity, the rest of the 60 crore comes from the parent.

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    6. Maharashtra govt to decide on minimum and fares for Ola and Uber: reports

      The Maharashtra government told the Bombay high court that it will be deciding to fix both minimum and maximum fares for app-based taxi companies such as Ola and Uber, as per this Press Trust of India (PTI) report. The state government that it would take the recommendations of an expert committee in the Nagpur assembly session.

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    7. India firm on stopping terrorists from using social media: Ravi Shankar Prasad

      India firm on stopping terrorists from using social media: Ravi Shankar Prasad

      Radical elements and terrorists are abusing social media platforms for perpetuating hate and terror but India is determined to address the misuse of cyber space and thwart them, IT Minister Ravi Shankar Prasad said on Thursday.

      Addressing the inaugural session of the fifth edition of the Global Conference on Cyber Space (GCCS), Prasad underlined the need to keep the cyber space safe and secure for a better digital future.

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    8. Umang, all-in-one e-governance app launched by PM Modi; here’s how it works

      Umang, all-in-one e-governance app launched by PM Modi; here’s how it works

      On the sidelines of the 5th Global Conference on Cyberspace, Prime Minister Narendra Modi  took the opportunity to launch a standalone app for e-governance called Umang (Unified Mobile Application for New-age Governance). Developed by the Ministry of Electronics and Information Technology and National e-Governance Division, the app is aimed at making it easier for citizens to connect to the government through mobile-first approach.

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    9. Meet the 10 startups selected at RBL Bank’s The Big Pitch 2.0

      Meet the 10 startups selected at RBL Bank’s The Big Pitch 2.0

      RBL Bank has announced the names of 10 winners for The Big Pitch 2.0, a startup competition organised by the private sector lender’s India Startup Club and Amity innovation incubator. The Big Pitch 2.0 is a platform for startups and entrepreneurs to pitch their ideas to angel investors, business incubators, management consultants and advisors.

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    10. Xiaomi to launch ‘Desh Ka Smartphone’ in India on November 30

      Xiaomi to launch ‘Desh Ka Smartphone’ in India on November 30

      Xiaomi’s presence in India is widely known with the country being the company’s most favorable market. Continuing its domination, Xiaomi has recently started investing heavily in the government’s ‘Make in India’ program. As part of its efforts, Xiaomi has now announced a new Redmi smartphone launch in India. Xiaomi’s next product will be “Desh Ka Smartphone” and will launch on November 30.

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    11. Uber rival Grab appoints Paytm exec as CTO of payments arm

      Uber rival Grab appoints Paytm exec as CTO of payments arm

      Southeast Asia’s cab-hailing major Grab has appointed Vikas Agrawal as the chief technology officer of its mobile payments wing GrabPay, the company said in a statement on Thursday. Agrawal is moving from Indian e-wallet firm Paytm, where he led the engineering division. He will be based in Bangalore. Prior to Paytm, Agrawal— An IIM-Bangalore alumnus—was the founding member and CTO at Fashionara, an e-commerce startup.

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    12. Honor 8 Lite receives price cut, now available at Rs 15,999

      Honor 8 Lite receives price cut, now available at Rs 15,999

      Earlier this May, Huawei’s sub-brand Honor launched the toned-down version of the Honor 8, the Honor 8 Lite. The smartphone was launched at Rs 17,999. Honor has now dropped the price of the Honor 8 Lite by Rs 2,000, bringing it down to Rs 15,999. The Honor 8 Lite with its new price tag is available for purchase across major retail stores and online portals in India. The smartphone comes in two color options of black and blue.

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      Mentions: Huawei Kirin AWB
    13. Sequoia Capital offloads more stake in Just Dial, yields poor returns

      Sequoia Capital offloads more stake in Just Dial, yields poor returns

      Venture capital and growth-stage investment firm Sequoia Capital has yet again offloaded some stake in online local business search engine Just Dial Ltd, to reap below average returns from the eight-year-old investment. The partial exit comes soon after Just Dial shares surged following reports of takeover talks with US internet giant Google, a subsidiary of Alphabet Inc. Across multiple transactions this week, Sequoia sold over 8 lakh shares worth Rs 45 crore, according to stock exchange data.

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    14. Apple iPhone SE successor to reportedly launch next year

      Apple iPhone SE successor to reportedly launch next year

      Apple’s iPhone SE is among the most sought after devices in the lower price range. Apple introduced the iPhone SE with the display size of the iPhone 5, but internals of the iPhone 6s. There’s been no second-generation iPhone SE so far. But some reports claim that Apple is likely to launch the refreshed version in 2018.

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      Mentions: Apple Inc. OEM BIS
    15. Tiger Global is reported pulling out partially from Flipkart and Ola

      Tiger Global is reported pulling out partially from Flipkart and Ola

      It looks like that Tiger Global is taking partial exits from Flipkart and Ola by divesting its shares in the company to Japanese conglomerate SoftBank, as per The Economic Times. The publication reports that the New York-based investor is expected to sell shares to the tune of $600-700 million in Flipkart through a buyback, and reduce its stake in Ola to about  7% stakes from 15%.

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