SBI launches children SB account – Pehla Kadam and Pehli Udaan

children bank account piggy bank

Kids aged 10 years and above, as well as new-born, can have a saving account of their own in State Bank of India, after the public sector bank launched two new products called Pehla Kadam and Pehli Udaan on Friday. Under the Pehla Kadam, Savings Bank account for minors can have an account, which means there is no age bar and would include new-borns. This account would be … [Read more...]

Microsoft gets 20 days to reply to alleged anti-trust law violations in China


Chinese authorities have given Microsoft 20-days deadline to reply to its queries in the ongoing anti-trust probe - an investigation which many have dubbed as unfair and "Kafkaesque.” The Chinese investigating agency - State Administration for Industry and Commerce (SAIC) – interrogated Microsoft,  Vice President David Chen and set the deadline for the company to explain on … [Read more...]

MediaTek to shell out $200M for R&D centres in India


Prime Minister Narendra Modi’s call of “Make In India” has received a shot in the arms, with Taiwanese semiconductor company MediaTek opening a new Research and Development (R&D) centre in Bengaluru, Karnataka. The R&D centre would work on manufacturing innovative solutions for wireless communications. The centre would also help in creation of solutions for … [Read more...]

Indian Telcos to earn ₹20,000 crore by 2017

mobile phone

The mobile Internet market is going to explode in the next 3 years, as the Indian Telecom companies expected to earn about ₹20,000 crore by 2017 due to this boom. The main reason for this growth is that mobile Internet user base is estimated to witness a quantum jump from the present 155 million to 480 million in the next 3 years, according to a study conducted by Google … [Read more...]

OnePlus loooks to hire GM for India operations; hints at eminent launch


Chinese smartphone manufacturer OnePlus has put up a job listing for the post of General Manager who will be handling India operations and a staff member has made it clear that the hiring process has begun. With the hunt for the General Manager beginning in right earnest OnePlus now plans to bring the hugely popular One smartphone to India. According to the Chinese OEM, … [Read more...]