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Category: Uncategorized (page 1 of 6)

ST Telemedia to invest Rs 1100 cr for development of data centre campus in Noida

Singapore-based ST Telemedia plans to develop a greenfield data centre campus in Noida. It would develop IT capacity of 18 MW at an estimated investment of ₹600 cr in the first phase, and 36 MW IT capacity with an investment of ₹ 500 cr in the second phase. The campus is expected to create 30-40 direct and 550 indirect employment avenues. The total investment would be around ₹1,100 cr with 80 direct and 1,000 indirect and induced employment avenues.

Anarock Group acquires apartment management platform ApnaComplex

Real estate services firm Anarock has acquired a proptech entity NestAway’s society and apartment management platform, ApnaComplex for an undisclosed sum. Goldman Sachs, Tiger Global, UC-RNT Fund, IDG India, Chiratae Ventures and InnoVen Capital have exited the entity. ApnaComplex manages 6 lakh households across 80 Indian cities. It has modules for accounting, security, gate management, community engagement, facility management, etc.

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WhatsApp Pay’s UPI transactions double in December

WhatsApp Pay UPI transactions volume doubled in Dec as it processed 0.81 mn payments worth Rs 29.72 cr, an over 100% rise in both volume and value compared to Nov, as per NPCI data. PhonePe and Google Pay processed 902.03 mn and 854.49 mn transactions, respectively. PhonePe overtook Google Pay as the most-used UPI app in the month, facilitating transactions worth Rs 1.82 lakh cr, with a market share of 40%. Paytm processed 256.36 mn payments.

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Intel chairman planning up to $1 bn health-tech SPAC IPO

Intel Chairman Omar Ishrak is planning to raise funds for a blank-check firm targeting deals in the health tech sector. Ishrak, who ran medical device firm Medtronic in the past, could file public registration papers with the US Securities and Exchange Commission soon. He is aiming to raise about $750 mn to $1 bn for the special purpose acquisition company or SPAC. Goldman Sachs Group is leading preparations for the IPO.

Noida Police joins hands with Microsoft to improve system, digital policing

Noida police and Microsoft entered into an agreement to boost policing in the NCR district. Police Commissioner Alok Singh signed the MoU with officials of Microsoft India, with the aim to bring simplicity and skills in policing. Microsoft will assist the cops in improving the overall system and also set up a ‘CoE’ to boost digital policing. It will also provide products, support, services and a road map aligned with the long term objectives of the police.

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IDEMIA announces Matthew Foxton as new Regional President for India

Augmented identity solutions provider IDEMIA has announced Matthew Foxton as its new Regional President for India continuing with the current roles, the Executive VP, Branding & Communications, member of the Executive Committee. He would succeed Sanjeev Shriya as the Regional President, who would be a non-operational role as an advisor to the Global CEO. IDEMIA has powered digital transformation projects over the last 25 years in the country.

YouTube starts trial run with shopping links within videos

YouTube has started a trial run with embedding links inside videos which will help seller as well as viewers. Few US viewers on YouTube, according to a media report, have spotted a shopping bag icon on the screen and by tapping on it a list of items featured in the videos pop-up. Currently, Youtube feature links in the form of cards and banners in order to help creators interact with the viewers and provide relevant references through other videos.

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IBM acquires Taos to boost its Hybrid Cloud capabilities

IBM, to boost Hybrid Cloud capabilities, has acquired Cloud professional and managed services provider Taos, for an undisclosed amount. Taos has 30 years and partnered with AWS, GCP, and Microsoft Azure to deliver data centre migration, platform engineering and hybrid cloud managed services. It has clients across tech, BFSI, healthcare, retail, transportation and education vertical. IBM, in the last 2 months, acquired Salesforce consultancy provider 7Summits and Nordcloud.

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RailTel planning to install broadband and WiFi facilities in villages

RailTel had shared a proposal with DoT to boost the Digital India programme by providing broadband service with basic phone and WiFi services in remote villages. As it already provides WiFi services at 5,900 railway stations, it would be easy for them to extend these services to the nearby villages. RailTel is a Miniratna PSU under the Ministry of Railways that manages various communication systems and has two data centres in Gurugram and Secunderabad.