Page 8 - Tech Companies

Big tech under Parliamentary panel lens for alleged anti-competition play

Top execs of Indian arms of Apple, Google, Amazon, Netflix and Microsoft quizzed about impact of their business models on small players.

Apple lays off recruiters in a push to rein in hiring and spending

About 100 contract workers were let go in a rare move for Apple, the world's most valuable company

Poised for higher growth: Digital India revolution is on a sound footing

Boldly embracing technology-based interventions will empower people and enable New India to attain the desired level of sustainable and inclusive growth

Facing unfair competition from global tech giants, says domestic players

Top executives of 8 domestic tech firms, including Paytm founder Vijay Shekhar Sharma and OYO's Ritesh Agarwal, deposed before a parl panel and said they face unfair competition from big tech firms

Parliamentary panel to meet tech firms representatives today amid concerns

Amid concern over anti-competition, the Parliamentary Panel on Finance will meet tech firm representatives on Thursday

Parl panel summons Paytm's Vijay Shekhar Sharma, Oyo's Ritesh Agarwal

BJP leader and former Union minister Jayant Sinha-chaired Parliamentary Standing Committee on Finance has been looking into various aspects of competition in the marketplace

How the Right to Repair rule can cut short your visit to the service centre

The tech and auto industry expects the 'Right to Repair' policy to provide recognition to the largely unorganised third-party repairs sector through increased availability of original spares

R1-RCM to recruit 3,000 people by Dec; set up new centre in Chennai

According to company officials, the healthcare KPO (knowledge process outsourcing) was hiring for various positions across roles at the Chennai office

Apple becomes latest major tech company to rein in hiring, spending plans

The iPhone maker is looking to limit expenditures and job growth at some of its divisions, Bloomberg reported Monday, though Apple hasn't adopted a companywide policy

Captive 5G play: BIF refutes claims on backdoor entry of tech companies

Industry body Broadband India Forum (BIF) on Friday said suggestions that captive networks should bid for spectrum in auctions is "extremely irrational". BIF refuted the "misinformation" being propagated to demand a level playing field between two completely different sets of services, public and private networks. The comments came a day after telcos' body COAI - which represents Reliance Jio, Bharti Airtel, and Vodafone Idea - claimed that administrative allocation of spectrum for private 5G networks will be against tenets of fairness. The Celluar Operators' Association of India (COAI) had lauded use of open bidding and transparent auction route by companies seeking 5G airwaves. COAI had alleged that administrative allocation of spectrum for captive 5G networks is against principles of level playing field and effectively provides a "backdoor entry" to big technology players to provide 5G services and solutions to enterprises in India without equivalent regulatory compliance and

Startups should think of credit solution for small businesses: Vaishnaw

Vaishnaw urged consumer tech companies to leverage Open Network for Digital Commerce (ONDC), India's alternative in its e-commerce market

Japanese tech giant Toshiba's shareholders approve 13 nominations to board

Chief Executive Taro Shimada, who oversaw the annual shareholders' meeting in Tokyo, said the majority had voted to OK that plan

Udaan lays off about 180 employees in a move to drive cost-efficiency

The layoffs have happened at a time when Udaan is trying to turn into a publicly listed entity in 18-24 months

What next after 5G? Battle over delicensing of valuable 6-GHz band

Global tech giants want the entire 1200 MHz of spectrum in this band delicensed while Indian telcos want it licensed for 5G services

IT, technology lead July-Sept 2022 hiring outlook: ManpowerGroup Survey

Record high hiring outlook of 51% in eight years

'Vice-like grip': Why Apple and Google are under UK regulator's probe

The two companies 'ecosystems' stifle competition and 'meaningful choices' to customers, according to UK regulator, Competition and Markets Authority (CMA)

Affle Global buys additional stake in Indus OS to become largest investor

Affle and its affiliates now have approximately 60 per cent of investor voting rights tied to the issued preference shares in Indus OS

Britain plans to investigate Apple, Google's mobile browser dominance

The Competition and Markets Authority (CMA) said on Friday it was also taking enforcement action against Alphabet Inc's Google over its app store payment practices

Japan energy and tech giant Toshiba seeing going private as an option

Toshiba executives on Friday said privatisation remains an option for the Japanese tech company, as they defended their efforts to choose the right bidder to restore what they called a strong Toshiba.

Siemens okays drives applications biz sale to subsidiary for Rs 440 cr

The LDA business within Siemens Ltd recorded revenue from operations of Rs 4,437 million for FY 2021 and an operating profit of Rs 251 million, a company statement said.