Wall Street journal — SINGAPORE—Singapore Technologies Telemedia has agreed to buy a majority stake in some of the data-center business owned by India’s Tata Communications Ltd., valuing the entire business at about US$640 million. ST Telemedia, which is a unit of Singapore state-investment firm Temasek Holdings (Private) Ltd., will acquire a 74% stake in data centers in India and Singapore, while Tata Communications will hold the remaining 26% stake, a joint statement from both the companies said Thursday.
DQ India — Digital Realty Trust announced today that it is partnering with Tata Communications, a leading provider of A New World of Communications™, to offer customers a new state-of-the-art connectivity solution in Digital Realty’s data center in Hillsboro, Oregon. This facility is widely recognized as a hub for major submarine cables, and the partnership is expected to enable both organizations to meet enhanced customer demand for high-bandwidth services and enterprise-grade applications across the U.S. and Asia.
Times of India — BLOOMBERG: Tata Group now wants to add wearables to its list. It’s developing wrist devices for two very distinct markets: Yoga enthusiasts and factory workers. One’s a watch that tracks breathing patterns, alertness and other metrics key to practitioners of the ancient discipline. Another will detect falls or other mishaps on plant floors, and is currently being tested among crane workers at Tata Steel Ltd.
Times of India— MUMBAI | NEW DELHI: Chinese e-commerce giant Alibaba has approached Tata Sons for a possible partnership as it looks to set up shop in India later this year in a development that looks set to shake up the country’s rapidly growing online retail market. Alibaba Group president Michael Evans and global managing director K Guru Gowrappan met Tata Group’s chairman Cyrus Mistry recently to discuss a partnership possibility.
Times of India — NEW DELHI/KOLKATA: The national auditor alleged that six telecom operators —Bharti Airtel, Vodafone India, Idea Cellular, Reliance Communications, Tata Teleservices and Aircel — had collectively understated gross revenue amounting to Rs 46,045.75 crore between 2006-07 and 2009-10, causing a loss of Rs 12,488.93 crore to the national exchequer. The companies rejected the accusation.
Times of India — NEW DELHI: Leading industrialist Ratan Tata has invested in Moglix, an e-commerce company specialising in B2B procurement of industrial products, continuing his slew of investments in startups across the world. This is Tata’s sixth investment this year after investing in five companies — DogSpot.in, Tracxn, CashKaro, FirstCry and Teabox — last month.
Times of India — MUMBAI: Indian IT services exports are likely to grow at a slower pace next fiscal year than in the recent past as global clients rein in technology spending, an industry lobby group said on Thursday. The cutback on routine IT services is likely to push firms including Tata Consultancy Services Ltd and Infosys Ltd to sharpen their focus on high-margin digital services, analytics and artificial intelligence to cushion the impact on earnings.
NEW DELHI: Tata Teleservices (TTSL) is in discussions with 4G operators to add high-speed 4G services in its bouquet of enterprise offerings, according to a top executive of the company. The telecom venture of the Tata Group feels offering 4G services will enable it to increase its share in the about million strong enterprise market in the country.
Times of India — NEW DELHI: Tata Communications has submitted documents for the restructured transaction for selling majority stake in its subsidiary Neotel’s fixed line assets to Vodafone’s South Africa subsidiary, Vodacom. Tata Communications on November 23 had said shareholders of its majority-owned South African telecom firm Neotel and Vodafone South Africa are in discussion over a revised transaction structure of the deal.
Times of India — MUMBAI: Singapore-based big data startup Crayon Data is setting up India operations in alliance with WPP-owned media investment management firm GroupM and its subsidiary Mindshare. Ratan Tata had recently invested an undisclosed amount in Crayon Data.
Times of India — The Tata group has won the first round of a legal skirmish with a former high-ranking employee who took to social media to allegedly defame his employer after his services were terminated. The Bombay high court, which ruled in the company’s favour, has imposed a fairly comprehensive gag order on the disgruntled worker, asking him to remove all material deemed libelous and forbidding him from making any disparaging remarks about a wide section of Tata employees.
Telecom Asia — India’s Tata Communications has revealed plans to build the world’s largest IoT network, covering 400 million people in the first-stage rollout alone. The operator is preparing to deploy India’s first IoT network, a low-power wide are network based on LoRa technology, the Hindu Business Line reported.
Ratan Tata and American Express yesterday announced strategic investments in US-based cryptocurrency startup Abra. This is a part of Abra’s US$14 million Series A round, led by Arbor Ventures, RRE Ventures, and First Round Capital. Although Ratan Tata is one of India’s most active angel investors, this is his first entrance into the world of bitcoin.
Financial Express — Tata Communications, a leading provider of A New World of Communications™, today launches its IZO™ Private Cloud service to bring CIOs unprecedented control over their public and private clouds and their entire data centre estate. The new service, unveiled at Cloud Expo Asia, is the latest addition to Tata Communications’ game-changing IZO™ cloud enablement platform, and will empower enterprises to connect to the world’s biggest clouds, and to build a truly hybrid, high-performance IT infrastructure, where different cloud, colocation and managed hosting environments work together as one.
Business Wire — Cloud Expo Asia SINGAPORE: Tata Communications, today launches its IZO™ Private Cloud service to bring CIOs unprecedented control over their public and private clouds and their entire data centre estate. The new service, unveiled at Cloud Expo Asia, is the latest addition to Tata Communications’ game-changing IZO™ cloud enablement platform, and will empower enterprises to connect to the world’s biggest clouds, and to build a truly hybrid, high-performance IT infrastructure, where different cloud, colocation and managed hosting environments work together as one.
Times of India — MUMBAI: Tata Teleservices is applying to liberalize its CDMA airwaves in at least four circles, a possible first step towards a spectrum trading pact with Telenor’s Indian arm which needs to offer 4G services to stay relevant in the country’s competitive highspeed data market. The Tata Group company has written to the telecom department (DoT) to liberalize airwaves in Andhra Pradesh and Delhi service areas by paying the market, or auction-determined, price for spectrum and is planning to do the same for Mumbai and Maharashtra, said three people familiar with the details.
RTN Asia — Anil Ambani’s Reliance Communication is unlikely to go for pan-India spectrum trading or sharing with Reliance Jio Infocomm. Instead, the company is expected to focus on its merger with MTS to get the requisite spectrum in majority of the circles for LTE launch. Only in a handful of circles — less than 10 — where MTS and RCom do not have enough spectrum would RCom enter into an alliance with Reliance Jio for spectrum sharing or 4G intra-circle roaming, according to industry sources.
Times of India — MUMBAI: The Tata Group, one of the oldest and largest conglomerates in the country, plans to appoint chief digital officers at all its consumer-facing companies to help them use new technologies in all aspects of business, two people aware of the development said. Chief digital officers will take care of companies’ use of technologies and digital initiatives such as e-commerce, social media management, cloud deployment, analytics, mobility and as-a-service offerings for customers and employees, they said.
RTN Asia — Expressing concern over steadily deteriorating situation with regard to call drops in mobile networks, ASSOCHAM today pointed out it is unfair to put the blame on the operators only since many of the critical factors causing the problem are not within the control of the telecom industry.
Times of India — NEW DELHI: The telecom regulator appears to have absolved telecom companies for the increasing instances of call drops, citing instead radiation fears and local laws as the biggest reasons carriers are unable to put up adequate cell sites, which are key to providing quality services.
RTN Asia — Uninor, the Indian brand of Telenor, has managed to break even at an operating level for the first time in India, thanks to the recent cut in termination charges by telecom regulator TRAI. TRAI had, about five months ago, cut termination charges (paid by one operator to another) by a massive 30% — helping low-cost operators like Uninor and Tata DoCoMo and hurting high-cost operators like Vodafone and Bharti Airtel.
Trade Arabia — Orange Business Services, an IT solutions integrator and applications developer, has entered into an agreement with Tata Communications to expand its network footprint in India. The Network-to-Network Interconnect (NNI) agreement is part of a strategic partnership between the two companies and will increase Orange domestic coverage ten-fold to over 120 cities to meet customer demand, said a statement.
Business Wire — PARIS & NEW DELHI: Orange Business Services today announced that it has entered into an agreement with Tata Communications to expand its network footprint in India. The Network-to-Network Interconnect (NNI) agreement is part of a strategic partnership between the two companies and will increase Orange domestic coverage ten-fold to over 120 cities to meet customer demand.
India Times — MUMBAI: A digitally connected India will bring “tremendous power” in the hands of citizens by connecting them to the rest of the world, Ratan Tata said today, lauding the government’s ‘Digital India’ programme. “I’m delighted that the Prime Minister has decided to give so much preference and priority to the fact that India will be a digitised nation,” Tata said here at the launch of an initiative to deepen Internet usage among rural women.
Times of India — MUMBAI: A digitally connected India will bring “tremendous power” in the hands of citizens by connecting them to the rest of the world, Ratan Tata said, lauding the government’s ‘Digital India’ programme. “I’m delighted that the Prime Minister has decided to give so much preference and priority to the fact that India will be a digitized nation,” Tata said at the launch of an initiative to deepen internet usage among rural women.
The Star — Ratan Tata, chairman emeritus of the holding company of India’s Tata conglomerate, has bought a stake in online taxi-hailing firm Ola, the company said. Tata, a respected business leader who was the chairman of salt-to-software Tata Sons for more than two decades, has previously invested in start-ups ranging from online retailer Snapdeal to Chinese phone maker Xiaomi.
Times of India — NEW DELHI: Microsoft CEO Satya Nadella, Airbus Group CEO Tom Enders, Tata Group chairman Cyrus Mistry, Reliance Industries chairman Mukesh Ambani and Wipro chairman Azim Premji will be among 400 corporate honchos who will attend the launch of the government’s ambitious ‘Digital India’ initiative on July 1. Prime Minister Narendra Modi is expected to launch the logo for the Rs 1.13 lakh crore project using a laser beam in front of an audience of about 10,000 people.
KOLKATA/MUMBAI: The Tata group will launch the country’s first hybrid online retailing venture, a combination of a portal that will list brands and handle payment transactions and brick-and-mortar stores that will set prices, deliver products and provide customer support. Group firm Tata Industrial Services, which changed its name to Tata Unistore Ltd, will spearhead the venture that’s likely to be piloted before the Diwali shopping season. The venture’s brand name is yet to be finalized.
MUMBAI: Diversified conglomerate Tata group, which is giving shape to its e-commerce venture code named Tata Mall has hired between 35 and 50 executives who will work out Mumbai’s new business district, Bandra Kurla Complex, said a person with direct knowledge of the plan. Meanwhile, Reliance Industries is also stepping on the gas and is readying its supply chain, riding on its retail chain Reliance Fresh. It has started hiring executives with experience in e-commerce platforms for its online and strategy teams.
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.