Telecom operator Bharti Airtel has acquired around 7 per cent stake in cloud-based networking solutions provider Cnergee Technologies under the Airtel Startup Accelerator Program. The stake acquisition will enable Airtel to sharpen its NaaS proposition for Small and Medium Businesses (SMBs), who are looking to accelerate their shift to cloud-based applications, Airtel said in a statement. Navi Mumbai-based Cnergee specializes in integrated networking solutions over cloud for businesses of all sizes. Airtel has bought the stake at mutually agreed pre-money enterprise valuation but did not disclose the valuation due to reasons of confidentiality. Cnergee has developed a range of 5G ready software tools for Network-as-a-Service (NaaS) that can be deployed at scale to enable zero-touch service provisioning, central remote monitoring, and management of all connected devices with a host of real-time analytics. "Airtel is on a mission to accelerate the digital transformation … [Read more...] about Bharti Airtel acquires 7% stake in Cnergee Technologies
India technological development
Storyboard18 | P&G India renews commitments to diversity and inclusion at #WeSeeEqual summit
Sharat Verma, CMO, Procter & Gamble India. (Image: CNBC-TV18) Procter & Gamble India announced new commitments aimed toward advancing equality and inclusion across India, at its third annual #WeSeeEqual summit. Built on the theme ‘#Unlearn and #Unleash’, the summit saw P&G India commit to several actions. P&G India will improve the accessibility of its brand advertising, including social media content and websites, by making it accessible to people with vision and hearing impairments by 2024. “I think by 2024-25 we should have all of our content accessible and inclusive. We are also on a journey to explore more ways and mechanisms to do this for other touchpoints. We have also made early progress; for example, Ariel and Tide are accessible to people with colour blindness. We are also working towards audio descriptions and captions in our advertising commercials,” says Sharat Verma, CMO, Procter & Gamble India. P&G India also announced that it will … [Read more...] about Storyboard18 | P&G India renews commitments to diversity and inclusion at #WeSeeEqual summit
Web3 gaming could provide better monetisation opportunities, say top Indian gaming founders
(Image Source: Shutterstock) Web3 gaming could provide potentially better monetisation opportunities for game developers in India, the country's top gaming founders said in a panel discussion on May 5. Web3 is dubbed to be the next iteration of the Internet, which will be decentralised and run on blockchain. "Monetisation on games has been a challenge in the India market, even in a freemium model, except for a few top grossing games. The in-app purchase (IAP) conversions has been low and eCPMs (effective cost per thousand impressions) have been fairly low. I think web3 is providing a completely different set of monetization opportunities with potentially higher ARPU (average revenue per user)" said Nazara Technologies founder Nitish Mittersain in the panel discussion held at IGDC Blockchain Gaming Summit in Bengaluru. Apart from Mittersain, the panel consisted of Mobile Premier League co-founder Sai Srinivas and JetSynthesys founder Rajan Navani. It was moderated by … [Read more...] about Web3 gaming could provide better monetisation opportunities, say top Indian gaming founders
Hiranandani lines up Rs 3,500-crore investment for Metaverse
After data centres, Hiranandani Group will invest Rs 3,500 crore over next 2-3 years in technology-led consumer services with its new venture, Tez Platforms. It will focus on the areas such as social media, entertainment, gaming and e-sports. The company is currently putting the team together and will work with the industry to develop suitable solutions. Darshan Hiranandani, CEO-Hiranandani Group, in an interaction with Moneycontrol said these solutions could be in the metaverse or mobile phone. "It could be in any extreme you want to take care, whether it's with VR goggles, whether it's on a PlayStation, Xbox, or Netflix games, or any different platform." According to him, the demand for the real world stuff into digital contact is very high. "We are calling it the Metaverse because Mark Zuckerberg has decided to call it the metaverse and so we are using that as an example. I honestly don't know whether there will be one Metaverse or there'll be hundreds. I suspect there … [Read more...] about Hiranandani lines up Rs 3,500-crore investment for Metaverse
Google I/O 2022 | Google Pixel Buds Pro launched with active noise cancellation
The recently concluded Google I/O 2022 witnessed some major hardware announcements. The Google Pixel 6a and Google Buds Pro were the two devices launched by the search giant. But Google also teased the design of its upcoming Pixel 7 and Pixel 7 Pro as well as the Pixel Watch and Pixel Tablet. Google Pixel Buds Pro Price The Pixel Buds Pro is priced at $199.99 (Roughly Rs 15,500). The Pixel Buds Pro true wireless earbuds are available in Coral, Lemongrass, Fog, and Charcoal colour options. The buds will go on sale on July 21. Google Pixel Buds Pro Features The Pixel Buds Pro are the first earbuds from the company to support active noise cancellation (ANC). Google built its ANC with a custom 6-core audio chip that runs Google-developed algorithms. The Pixel Buds Pro earbuds use Silent Seal to help maximise the amount of noise that’s cancelled. Close The Pixel Buds Pro is equipped with a custom 11mm driver, while the Volume EQ automatically adjusts the … [Read more...] about Google I/O 2022 | Google Pixel Buds Pro launched with active noise cancellation
My Say: Lessons from Sri Lanka on managing food security
This article first appeared in Forum, The Edge Malaysia Weekly, on May 9, 2022 - May 15, 2022. - A + A Sri Lanka’s economic crisis had been brewing for some time before the recent social unrest erupted. The writing was on the wall, but it was either misunderstood or underrated. Either way, the impact has been devastating and may take years to undo. Moreover, the situation has worsened from being an economic crisis to a humanitarian one. The anatomy of an economic meltdown and social disaster consists of these: food, fuel and medicine shortages, currency collapse and long power cuts, while poverty ramps up and inflation spirals at a record rate. The price of rice has increased by 93%, chicken and lentils by 55% and gas by 50%. This tragedy is a good lesson for Malaysia. Some of the structural symptoms experienced by Sri Lanka are uncannily like those in this country. So, unless they are addressed, Malaysia may take a similar path. These are the major … [Read more...] about My Say: Lessons from Sri Lanka on managing food security
More than 260 stocks hit 52-week low, 450 stocks hit lower circuit today
The downward trend continued on Dalal Street for the fourth consecutive session on May 11. More than 260 stocks on the BSE hit 52-week low and the number of stocks at lower circuit were significantly higher than the stocks that hit upper circuit. Endless Ukraine-Russia war igniting inflation concerns and growth worries, faster policy tightening approach adopted by several central banks, including Federal Reserve, the beginning of rate hike cycle in India, consistent FII selling, rupee depreciation, and inflation concerns visible in corporate earnings are some of the reasons for the nervousness among the investors. The BSE Sensex fell below 54,000-mark in the morning but later pared losses to trade 276 points lower at 54,088. Meanwhile, the Nifty50 briefly traded below the psychological 16,000-mark but recouped some of losses to trade at 16,167, down 73 points. The benchmark indices have now fallen more than 10 percent each from the closing high of April 4. Meanwhile, the BSE … [Read more...] about More than 260 stocks hit 52-week low, 450 stocks hit lower circuit today
A Growing Part Of The Content Economy: What’s Driving The Robust Demand For Executive Education
Share to Twitter Share to Linkedin The projected 10-year compound annual growth rate (CAGR) of the sector is 11.2% globally. It is expected to reach nearly $110 billion by 2031, attracting new investors and new players. New business models, delivery modalities, and offerings are emerging and evolving rapidly. What sector is it? It's executive education, which despite its burgeoning demand and creative ferment, has been an underreported growth phenomenon worldwide. Executive education, and other forms of nondegree education, have become a substantial and growing part of the content economy. The disruption of COVID accelerated this growth, but it's being driven by factors that are separate from and will endure after the pandemic. The growth of executive education and the related edtech space are attracting more attention from investors. Sequoia Capital India has invested in Emeritus and, with Owl Ventures led a $5 million seed round for Growth School, a live … [Read more...] about A Growing Part Of The Content Economy: What’s Driving The Robust Demand For Executive Education
Pharmaniaga setting up RM300 million plant to produce halal insulin, vaccines
- A + A TUMPAT (May 15): Pharmaniaga Bhd is setting up a RM300 million halal insulin and vaccine plant in Puchong, Selangor, which is expected to be fully completed by the end of 2023. Group managing director Datuk Zulkarnain Md Eusope said the plant, which began construction two years ago, would start marketing activities in early 2024. According to him, the plant will make Covid-19 and other vaccines as well as insulin with a production capacity of 100 million to 300 million doses annually. "The pandemic has taught us that Malaysia should have drug security, so we are planning to achieve that as well as having discussions with the Science, Technology and Innovation Ministry and the Health Ministry. "To date, our vaccine supply has been fully imported. Hence, with the plant, we will be able to develop vaccines ourselves in Malaysia through collaborations with Thailand, South Korea, and India, and thus ensure we are not dependent on other countries for vaccines," … [Read more...] about Pharmaniaga setting up RM300 million plant to produce halal insulin, vaccines
‘Writing nonbinary characters should become less awkward for writers’: S.B. Divya
'Machinehood' is set in 2095. (Representational image) It’s 2095. We’ve entered an age where we’ve achieved seamless integration of artificial intelligences (AIs) with human lives. It’s not only impossible but also foolish to do anything without them. AI-based bots are our personal agents. The news comes with an accuracy rating and there are pills to keep us heal quickly. The pandemic years are a reality of the past. Everything is great until Machinehood – a terrorist group that thinks they’re fighting for an equitable and dignified life for all forms of intelligences (humans, animals, and, yes, even AIs!) – strikes. They’ve given a one-week ultimatum to the human species to apply their “Machinehood Manifesto”. This unsettles the whole world. However, in particular, Machinehood has wreaked havoc in the life Welga Ramirez, whose job is to guard and protect pills manufacturers. This, in nutshell, is the believable yet fascinating world of S.B. Divya’s Machinehood … [Read more...] about ‘Writing nonbinary characters should become less awkward for writers’: S.B. Divya