Enquiries by The Hindu revealed that MobMe Wireless Solutions of Kochi Startup Village, which was entrusted with the job of incubating startups at Visakhapatnam on the model of technology incubators of the Silicon Valley following an MoU at the CEOs’ Conclave here on September 29, 2014, has agreed to reorient its strategies. … [Read more...] about Innovation Society to control Sunrise village
Toastmasters innovative planning
Okinawa Autotech plans to invest Rs 150 crore to set up new manufacturing unit in Rajasthan
New Delhi: Electric two-wheeler maker Okinawa Autotech plans to invest Rs 150 crore in setting up a new manufacturing unit in Rajasthan, and roll out fresh products as it sets a target of selling 1 lakh units in the next fiscal year, according to a top company official. The company, which had recently launched B2B electric two-wheeler - Okinawa Dual, priced at Rs 58,998, targeting the delivery sector, expects sales from the segment to account for around 20 per cent of its total sales. "We are coming up with a new facility and new products. The total investment in the next fiscal year will be around Rs 150 crore," Okinawa Autotech Managing Director and Founder Jeetender Sharma told . The new manufacturing unit will be near the company's existing plant in Rajasthan. "The new facility will have an annual capacity of 5-6 lakh units in the first phase and can go up to 10 lakh units in future," Sharma added. When asked about new products, he said the company is targeting both the B2B and B2C … [Read more...] about Okinawa Autotech plans to invest Rs 150 crore to set up new manufacturing unit in Rajasthan
Coronavirus pandemic underlined need for higher budget allocation for healthcare sector
MTaI Chairman and Director General Pavan Choudary said respecting the PM''s appeal to save livelihood, the MedTech industry strived to protect jobs even in this inclement weather. "The industry seeks immediate government assistance by removal of health cess and reduction in customs duties in the upcoming budget," MTaI Director Sanjay Bhutani said. … [Read more...] about Coronavirus pandemic underlined need for higher budget allocation for healthcare sector
LG may exit smartphone market but it’s not game over
New Delhi: The mobile business of LG Electronics has been in the red since the second quarter of 2015. Its accumulated operating loss reached nearly $4.5 billion last year and now, the South Korean company is planning to exit from the competitive smartphone market.LG has been quite brave with its recent mobile forays, experimenting with what comes next in smartphones. Consider, for instance, the rather exciting foldable LG Wing, or the forthcoming rollable device. However, significant and sustainable market success has alluded LG to date including in India. LG's share in the global smartphone market is estimated to be between 1 and 2 per cent.According to Prabhu Ram, Head-Industry Intelligence Group (IIG), CMR, as a diverse conglomerate, LG is best placed to clearly map emerging opportunities and challenges in a rapidly evolving post-virus world. "It may potentially choose to eschew the faltering smartphone business for its strengths in the consumer appliance business, as well as … [Read more...] about LG may exit smartphone market but it’s not game over
Microsoft to integrate Teams across SAP solutions
New Delhi: Enterprise application software provider SAP and Microsoft have announced to integrate video conference and collaboration platform Teams with SAPs intelligent suite of solutions.The companies also expanded an existing partnership to accelerate the adoption of SAP S/4HANA on Microsoft Azure. SAP S/4HANA is a future-ready enterprise resource planning (ERP) system with built-in intelligent technologies, including AI, machine learning and advanced analytics."By integrating Microsoft Teams across our solution portfolio, we will bring collaboration to the next level, jointly determining the future of work and enabling the frictionless enterprise," said Christian Klein, CEO of SAP SE and member of the Executive Board.Much has changed in the last year as work has become more virtual, increasing reliance on Microsoft Teams for meetings, communication, and collaboration. To facilitate these business and societal changes, SAP and Microsoft are building new integrations between … [Read more...] about Microsoft to integrate Teams across SAP solutions