RATAN Tata, chairman emeritus of the holding company of India’s Tata conglomerate, has acquired a stake in Xiaomi Technology, a deal that is likely to bolster the Chinese phone maker’s presence in the world’s third-largest smartphone market. Financial details of the unspecified stake bought by Tata in Xiaomi, the first by an Indian, were not disclosed by the Chinese company yesterday. Xiaomi, the No. 3 global smartphone maker, was valued at US$45 billion in December.
Indian biz tycoon Ratan Tata, who heads the US$100 billion Tata group, has just picked up a stake in Xiaomi from China. More than the investment itself, a thumbs up from the chairman emeritus of the Tata Group, who is one of the most respected business figures in India, adds to the Xiaomi mojo which has already cast a spell over the country.
KOLKATA: Tata Teleservices surprised many by aggressively going after LTE spectrum in the 800MHz band, thwarting Reliance Jio Infocomm’s efforts to acquire contiguous spectrum in the band in key markets like Delhi, Maharashtra and Andhra Pradesh where the Tata group company won small slivers of the bandwidth, say analysts. “Tata Teleservices restricted Reliance Jio’s contiguous-800MHz footprint by preventing it from picking up contiguous (or full 5MHz slots) in Delhi, Andhra Pradesh and Maharashtra,” said analysts at J M Financial in a note seen by ET. Contiguous, or full 5MHz slots, frequency is necessary for good quality 4G LTE on 800Mhz.
NEW DELHI: Tata Teleservices and Aircel — the only two telcos that have declared a negative net worth for next month’s spectrum auctions — are allowed to only top up their existing holdings and can’t bid for new airwaves, the telecom department has said. A senior official of the Department of Telecommunications explained to ET that the auction rules require an operator to have a net worth of at least Rs 100 crore to make it eligible to either expand its geographical coverage or buy airwaves in a new band in circles where it holds spectrum.
Tata Communications has announced a partnership with Kaltura that will combine its Content Delivery Network (CDN) with Kaltura’s open source online video platform. The integrated offering will offer an easy way for media companies and enterprises to manage the entire video process, from acquisition to delivery. Tata Communications is a global telecommunications company based in Mumbai, and operates an extensive network of submarine cables and Tier 1 IP networks.
NEW DELHI: Visitors to Connaught Place can now enjoy free Wi-Fi connectivity. Telecom company Tata Docomo has joined hands with the NDMC for providing the service in the commercial hub in the heart of the national capital. “NDMC has partnered with Tata Teleservices to provide Wi-Fi service, which will cover the inner and outer circles of one of the most significant business and leisure centres in the city,” Tata Docomo said in a statement.
Tata Communications has announced the launch of a global network platform for enhanced hybrid cloud enablement. The new network platform, IZO, is designed to help businesses overcome the challenges associated with realising the potential of the cloud. Businesses can now leverage IZO to offer access to a full ecosystem of network, cloud and data centre connectivity to users.
NEW DELHI: Global internet solution provider Tata Communications today said it has become authorised partner for Google Cloud Platform. Under the terms of this agreement, Google’s new service, Google Cloud Interconnect will connect with Tata Communications’ IZO Public platform that enables companies to set up their cloud computing facility.
Tata Communications, a leading provider of A New World of Communications, today launches IZO, a global network platform for enhanced hybrid cloud enablement. A game changing new network platform – IZO brings a new way of tackling the complications and challenges that businesses face in realising the potential of the cloud. For the first time, a single provider offers access to a full ecosystem of network, cloud and data centre connectivity, making it simple for a business to connect and build its cloud, their way – be it private, hybrid or public.
NEW DELHI: Country’s largest software services exporter Tata Consultancy Services (TCS) was the only Indian company found place in the Boston Consulting Group’s global list of top 50 most innovative firms this year. Technology giant Apple topped the chart, followed by Google, Samsung, Microsoft and IBM as the most innovative companies globally in the list of the global management consulting firm. TCS secured the 43rd position in the list.
NEW DELHI: Country’s largest IT services firm Tata Consultancy ServicesBSE 0.53 % (TCS) expects digital platforms like cloud, Big Data and mobility solutions to bring in cumulative revenues of over $ 5 billion in next few years. Earlier, the Mumbai-based firm had said that it expects to do $ 5 billion cumulative business over the next three to four years from the ” digital opportunity”.
WASHINGTON: Tata Consultancy Services, India’s largest infotech company, has joined the US-based Information Technology Industry Council (ITI), a leading IT services, consulting and business solutions organisation, it was announced today. ITI advocates on behalf of its 60 members for global policies that advance industry leadership in technology and innovation, open access to new and emerging markets, promoting e-commerce expansion, driving sustainability and efficiency, protecting consumer choice, and enhancing the worldwide competitiveness of its member companies.
Tata Consultancy Services and HCL Technologies each declined about 9 per cent on Friday, the worst daily fall in at least five years and HCL Technologies each declined about 9 per cent on Friday, the worst daily fall in at least five years, amid investor concern over growth prospects after the financial performance of both software exporters in the September quarter missed analysts’ expectations.
MUMBAI, INDIA: In yet anoter landmark technological move, Tata Sky announced its plans to launch 4k set top boxes in India by early next year. According to the the company, the 2014 FIFA World CupTM football match played between France & Germany last night was telecast on SD, HD and an (4k enabled) UltraHD television from Sony Electronics with live 4k feed of the football match on SONY SIX HD.
Tata Docomo is soon going to turn all of Connaught Place in Delhi into a WiFi Hotspot. With promised seamless coverage of the entire 4km area, including inner and outer circles, visitors (and more importantly, tourists) in the area will be able to enjoy instant access to information on any smart device they own. In the next few years, we should see a large number of public Wi-Fi hotspots coming up in the country.
NEW DELHI, INDIA: In a tripartite agreement aimed to provide 3G roaming services to each others customers, telecom operator Reliance Communications, Tata Teleservices and Aircel have inked a deal that allows them to use each others network across country. RCom and Aircel have permits for 3G services in 13 out of 22 service areas while Tata Teleservices has permit in 9 circles.
BANGALORE, INDIA: Tata Consultancy Services (TCS), the oldest IT company from India, taking on global biggies and scaling to the top 10 is not mere an achievement but a journey of toil and flawless execution with organization capacity to build-up of their inherit strength. TCS recently announced their Q4 results and it highlighted the tenacity of a company to move into uncharted market and stood focused to deliver a 29 plus percentage net margin, which is highest amongst the top Indian IT Services companies.
TOKYO — Mitsubishi Corp. and India’s Tata Consultancy Services plan to combine IT services businesses in Japan. Three companies tied to the Japanese trading house and the Indian provider of information technology services will integrate by July. By consolidating system configuration and software development, the duo hope to reduce development costs by 10-20%.
India’s information technology sector, after what seems like years, is back to where it once was: optimistic about the future. The Big Four of India’s software-led services industry that includes business process outsourcing (BPO) pleasantly surprised the markets this month with solid results for the January-March quarter. All four — Tata Consultancy Services (TCS), Infosys, Wipro and HCL Technologies — showed numbers that were better than analyst expectations that dispelled concerns about persisting worries in advanced economies affecting their business.
MUMBAI, INDIA: Tata Communications, a leading provider of A New World of Communications, has been positioned in the ‘Leaders’ quadrant of the Gartner Magic Quadrant for Global Network Service providers for the first time. The Magic Quadrant evaluates companies based on ‘completeness of vision’ and ‘ability to execute’.