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Wednesday, January 17, 2018
Idea Cellular, Vodafone may start operating as one entity from April

Idea Cellular, Vodafone may start operating as one entity from April

Idea Cellular Ltd and Vodafone Group Plc’s Indian unit are likely to start operating as a single unit from April, two people aware of the matter said. The two companies, which are currently negotiating one of the most complex mergers in India, will create the world’s second largest and India’s largest telecom operator, surpassing Bharti Airtel Ltd, post completion of the merger process........more
Today’s headlines
Enterprise
Samsung readies new online series to race past Xiaomi in smartphone sales
The war between Samsung and Xiaomi will spill over to India's e-commerce space this year as the South Korean giant seeks to wrest leadership in online sales, where almost half of the smartphones purchased in the country are from the....... more
Cast Software eyes $ 9 m revenue from India this year
Software intelligence provider Cast Software today said it has set a revenue target of $ 8-9 million from Indian market this calender year. Cast provides software intelligence to IT companies for measuring their software structural quality.... more
IT/Security
Cyber threats outpacing abilities of Govts, firms: WEF
As cases of data breach and online frauds fox the authorities in India and abroad, the World Economic Forum (WEF) has warned that cybersecurity threats are outpacing the abilities of the governments and companies to overpower them unless all.... more
Reports
SoftBank plans IPO of mobile unit this year: report
Masayoshi Son is planning to list the mobile phone unit of his SoftBank Group in Tokyo and overseas this year, says a report according to the Nikkei newspaper. The offering could bring in about 2 trillion yen ($18 billion), the newspaper said.... more
Snapchat’s design overhaul turns out to be a big flop
Snapchat design overhaul fetches 83% negative reviews. A major design overhaul introduced by popular photo-sharing platform Snapchat has not been received well by its initial users in countries such as Britain, Australia and Canada, with up to.... more
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