Category Archives: Info Tech & Bio Tech

hiring
Hiring techies in US Silicon Valley costs 12 times more than that in Bengaluru

The 2017 Global Startup Ecosystem Report has listed four Asian countries in the top 20 startup ecosystems in the world. In 2015, the continent was represented by Singapore and Bengaluru only. But this year, Beijing and Shanghai was added to the list. Singapore now ranks 12th (10th in 2015) and Bengaluruis at number 20 (previously […]

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Rolls-Royce
Rolls-Royce sets up Bengaluru facility to support engine fleet

Rolls-Royce has opened a facility in Bengaluru to support their 750 engines that power Indian military aircraft, and provides repair and service to engines that urgently require it. The UK-based engine giant announced on Thursday that its so-called Defence Service Delivery Centre (SDC) in Bengaluru would provide the army and navy with “fleet management, services […]

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Apple to start assembling iPhones in Bangalore by April 2017

Apple plans to start assembling the iPhone in Bangalore by end April 2017 under a contract manufacturing arrangement with Taiwan’s Wistron. The move by the company comes even as it awaits approval from the federal government for some of its proposals for lowering the import duties on components and for creating an ecosystem of local […]

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Boeing
Boeing’s engineering, technology center opens in Bengaluru

US aircraft maker Boeing today announced the formal launch of its engineering and technology center in Bangalore. The newly set up centre, Boeing India Engineering and Technology Center (BIETC), would undertake high quality technology-driven work to support Boeing in various areas of aviation engineering and technology, a release said. BIETC plans to employ locals to […]

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Most-Dynamic-Cities-World
Bengaluru beats “Silicon Valley” has the most dynamic city in the world

Bengaluru has been ranked the most dynamic city in the world, as per the City Momentum Index-2017 released by Jones Lang LaSalle, a real estate services firm. The report, which is being discussed at the World Economic Forum at Davos, Switzerland, places Bengaluru at the top spot, followed by Ho Chi Minh City in Vietnam […]

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NetApp-HQ
NetApp opens new Rs 1,000 crore campus in Whitefield, Bengaluru

Storage and data management company NetApp inaugurated an independent campus in Whitefield in Bengaluru, set up with an investment of Rs 1,000 crore. The centre is NetApp’s largest in the world in terms of engineering strength. Out of its eight such sites, seven are in North America. It currently employs 2,000 people in Bengaluru, all of […]

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iphone-6-concept-model-iphonesoft
Apple plans to assemble iPhones in Bengaluru from April-2017

Apple plans to make iPhones for the Indian market in Bengaluru. Wistron, a Taiwanese OEM maker for Apple, is setting up a facility in Peenya, the city’s industrial hub, to manufacture the iPhones. The facility will start production from next April, according to industry sources. Top sources in the company confirmed to TOI that Apple […]

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start-up-city
Bengaluru is second fastest growing start-up ecosystem in the world.

Bengaluru is the fourth most innovative city and is the second fastest growing start-up ecosystem in the world. “The city hosts diverse industries spanning machine tools, electronics, defence, aeronautics, garments, medical, bio-tech and a host of research institutes, both national and International. In fact by the year 2020, estimates are that city is likely to […]

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huawei1
China’s Huawei set up its biggest global service centre in Bengaluru

China’s leading telecom gear maker Huawei has set up its biggest global service centre in Bengaluru at an investment of `136 crore. The centre will support Huawei’s domestic and international telecom carrier customers in 30-plus markets across Asia, Africa and Middle East, handling more than 50 projects across these markets. “Some 1,000-odd techies, comprising engineers […]

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Qualcomm
Qualcomm to lease 5L sqft of office space in Bengaluru

Mobile chip maker Qualcomm is close to acquiring about 0.5 million square feet of office space in Bengaluru to expand its operations in the city, according to people familiar with the matter. The company is looking for space in Outer Ring Road, which is home to numerous multi-national companies including Google, Cisco and Visa, sources […]

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Apple
Apple picks north Bengaluru – Yelahanka for its 50k sft new office space

Apple has leased about 50,000 sq ft of office space in Yelahanka, north Bengaluru, for its design and development accelerator to support engineering talent and grow the country’s iOS developer community, sources said. The office space, expected to house about 300 people and open next year, will be in RMZ Galleria — an 11-acre plot […]

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LinkedIn
Bengaluru is India’s most preferred city for professionals to work: LinkedIn

Bengaluru, India’s technology hub is witnessing a larger inflow of qualified professionals than it is losing talent to other cities in the country, according to social network firm Linkedin that compiled data based on changes users made on their profiles on its platform. Nearly a third of its 2.3 million users in the IT capital of […]

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Start-ups
Australian authorities look to set up global startup landing pad in Bengaluru city

Australian start-ups are eager to associate with Bengaluru, the start-up capital of India. The tech city is being considered for a global start-up landing pad, one of the five that the Australian government wants to set up the world over to provide its companies access to new opportunities in global markets and boost Australia’s startup […]

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18 Mar 2014, San Francisco, California, USA --- People gather prior to the start of a keynote speech at the All Things Oracle OpenWorld Summit in San Francisco, California in this file photo from September 24, 2013. Oracle Corp on Tuesday said new software sales and Internet-based software subscriptions in its fiscal third quarter roes 4 percent from a year earlier. REUTERS/Jana Asenbrennerova/Files (UNITED STATES - Tags: SCIENCE TECHNOLOGY BUSINESS) --- Image by © JANA ASENBRENNEROVA/Reuters/Corbis
Oracle launches startup incubator in Bengaluru

Oracle has launched a global-first accelerator programme in Bengaluru with the objective of catalyzing India’s nascent startup ecosystem and provide a fillip to Prime Minister Narendra Modi’s Digital India and Make in India initiatives. The announcement comes close on the heels of Oracle CEO Safra Catz announcing a $400 million investment into the Bengaluru technology […]

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Blr-Starup-city
Forget Flipkart and Ola. Here are the other richest startups in Bangalore.

“I don’t think building this scale would be possible if I didn’t move base to Bangalore,” Ola CEO Bhavish Aggarwal recently said at an event. He should know. Bhavish moved his scrappy cab-hailing startup from Mumbai to Bangalore in around 2012, and grew his little business into the US$5 billion behemoth it is today. Quikr, […]

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Ola_Uber_ibnlive_380
Uber turns to Bengaluru’s tech talent to beat Ola

San Francisco based ride hailing company Uber was forced to develop a mechanism for accepting cash payments from customers in India, given the extremely low penetration of credit cards in the country. Seen as an inconvenience at first, the company has exported the solution to other emerging markets such as Vietnam and Indonesia. To mine […]

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Stanford-Dean
Bengaluru is achieving what many regions could not: Stanford business school dean

Stanford university’s Stanford Graduate School of Business (GSB) counts numerous Silicon Valley entrepreneurs among its alumni, including Google’s Sergey Brin and Larry Page. In 2013, Stanford GSB launched its Ignite programme for entrepreneurs and innovators, with Infosys’s Bengaluru campus acting as the host facility. Its Dean Garth Saloner was in India recently to explore the […]

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JC Penney
JC Penney takes on lease 130,000 sq ft in Bengaluru

In one of the most high-profile leasing deals this year, US-based apparel and home furnishing retailer JC Penney has taken 130,000 square feet (sq ft) of space on lease in a plush office complex in Bengaluru. JC Penney will pay a rent of Rs 10.92 crore per year or Rs 70 per sft a month […]

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Oracle-Modi
Oracle to set up campus in Bengaluru to help more than half a million students

Global computer giant Oracle is planning to set up a campus in Bengaluru and start an initiative to help more than half a million students in India develop computer science skills. This was conveyed by Oracle’s global CEO Safra Catz to Prime Minister Narendra Modi when she called on him Delhi on Friday, the 12th […]

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india_tech
IT to grow in double digits for 2016-17, to achieve $120 billion

Despite growing concerns about the global economy in many quarters, IT industry body Nasscom has forecast that India’s software exports would grow at about the same rate next fiscal as in the on-going one. It has projected IT-BPM industry export revenue growth of 10-12% to $119-121 billion for 2016-17. The growth this year is expected […]

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