Uber Technologies Inc's chief executive Dara Khosrowshahi aims to deliver a profit by pursuing growth from emerging markets such as India. Uber's stock plummeted 27 percent after a lukewarm initial public offering in May this year, but now the venture-funded private company is aggressively pushing into new markets, and will...
India to Develop Thorium-Based Power Generation Program
With limited domestic uranium ore, but thorium more than sixty percent of the world’s reserves, India hopes to generate energy for the next four hundred years using thorium. But it has yet to generate the first commercial electricity using this locally abundant fuel. 18,000 villages in the country need electricity...
India's Ranking on Global Innovation Index Improves
According to the annual edition of the Global Innovation Index (GII), released on July 24, 2019, by the World Intellectual Property Organization, India improved its ranking by five places to 52nd from 57th position last year. The GII ranks 129 economies based on 80 indicators, ranging from intellectual property filing...
Hughes Communications, Airtel, Combine VSAT Operations in India
Hughes Communications India, subsidiary of EchoStar of Germantown, Maryland, and New Delhi-based Airtel announced an agreement to combine their VSAT operations in India. Hughes, the number one operator in the Indian VSAT market, will have majority stake in the combined entity while Airtel, the second largest VSAT operator, will have a significant...
India's Airtel, Reliance Jio to Start Voice over Wi-Fi Services
New Delhi-based Bharti Airtel and Navi Mumbai headquartered Reliance Jio Infocomm (RJio) are in advanced stages of testing Voice over Wi-Fi (VoWi-Fi) services, a technology that keeps users connected even without a mobile signal. This move will enable telecom companies to take on over-the-top players such as Skype, WhatsApp, Hike, Facebook...
India's Solar Solutions Provider Wins Cisco Award
New Delhi-based Oorja Development Solutions, a spin-out company from the Imperial College of London was awarded $100,000 for winning the 2019 Cisco Global Problem Solver Challenge. The social enterprise, co-founded in 2016 by Dr. Clementine Chambon of the Department of Chemical Engineering, and social entrepreneur Amit Saraogi, was the winner of this...