Category Archives: Info Tech & Bio Tech

Invest Kar
Over 3 lakh crore investment attracted by Karnataka during investors meet

As expected, the Invest Karnataka 2016 meet brought investment adding up to Rs 3.08 lakh crore, of which Rs 1.73 lakh crore worth of projects have already been approved by the Karnataka government. This is expected to create over 6 lakh jobs across the state. This investment is in addition to the Rs 1.5 lakh […]

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premji
Wipro to add 25,000 more jobs in Bengaluru

Wipro, India’s third largest software exporter, would hire 25,000 employees in Bengaluru as part of its expansion, said chairman Azim Premji. “We have already recruited 55,000 employees in our development centres in Bengaluru till now. We are in the process of a major expansion of our centre in Bengaluru and will add another 25,000 people,” […]

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intel
Intel to invest Rs 1,100cr in new Bengaluru unit on Hosur Road

Even as industries minister R V Deshpande has stayed away from sharing investment proposals cleared ahead of the global investor meet, Invest Karnataka, the State High Level Clearance Committee (SHLCC) chaired by CM Siddaramaiah has cleared four IT projects worth Rs 3,000 crore that are expected to generate nearly 40,000 jobs.  Chip maker Intel has […]

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Merc-R&D center
48% of multinational R&D centres & talent pool is in Bengaluru

Bengaluru remains home to the highest number of multinational R&D centres and talent pool in India. New entrants last year included Twitter. It is estimated that the numbers will rise significantly over the coming years as disruptive new technologies make it imperative for MNCs to use India’s huge engineering talent pool. As much as 48%, […]

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supersuit_press
Bengaluru firm introduces SuperSuit, its wearable gaming platform for kids

MadRat Games on Thursday, Jan, 2016 the announced the prototype launch of SuperSuit, a wearable gaming platform for kids & families at CES 2016  in Vegas.  SuperSuit is a wearable gaming platform that reduces screen time, increases social interaction, physical activities and takes kids & families outdoors to play. It is designed for the new […]

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Azim-Premji
“Most Generous Indians” – Bengalureans Take Top 4 Spots

Azim Premji, 70, chairman of Wipro, is the most generous Indian of the year for the third time in a row with donations worth Rs. 27,514 crore or 4 billion USD to the education sector, says Hurun India Philanthropy List 2015. The top four contributors on the list belonged to the information technology industry and from our […]

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Bengaluru based Quikr buys CommonFloor for Rs.680 Crores

After protracted negotiations that lasted more than six months, Bengaluru-based online classified’s firm Quikr has acquired real estate listings platform CommonFloor. The companies did not disclose the value or other details of the deal. While many numbers have been floating around, TOI has reliably learnt that the deal has valued Bengaluru-based CommonFloor at around $100 […]

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knowstartup-indiastartup
SBI to set up special branch for start-ups in Bengaluru

The nascent yet burgeoning start-up ecosystem has caught the attention of SBI. The country’s largest bank will soon set up a first-of-its-kind branch to cater exclusively to the growing banking needs of start-ups. The bank has zeroed in on Bengaluru, the so-called Silicon Valley of India, for setting up its dedicated branch for emerging businesses. […]

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India-Mobile
India now has 350 million Internet users – Over 100 million in 2015 alone!

60% of internet users access the worldwide web via mobile devices. India has added 52 million Internet users in first six months of the year, taking the total user base to 352 million as on June 30, 2015, industry body IAMAI said on Wednesday. Interestingly, 213 million (over 60 per cent) users accessed the worldwide […]

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plum-cake
On-line order of 7000 kg Christmas plum cakes for a Bengaluru based start-up

It could well turn out to be the question of the day: who ordered the cakes? It was no small order though 7,000 traditional Christmas plum cakes weighing 7,000 kg to be delivered pronto…well within five days…that’s almost “pronto!” It was an order that could have had any start-up’s knees knocking in fellowship. This mammoth […]

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nasscom
NASSCOM expand warehouse in Bengaluru to nurture over 500 entrepreneurs under one roof

The Honourable Chief Minister of Karnataka Siddaramaiah, The National Association of Software & Services (NASSCOM), inaugurated the NASSCOM’s second warehouse in Bengaluru on 18th December, 2015. According to NASSCOM, Bengaluru, over the years, has emerged as the start-up capital of India. The city has nearly 3,100 to 4,900 dynamic tech start-ups and has attained the […]

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Huawei Blr
Chinese IT major Huawei, launches joint Innovation Solution and Demo Center at Bengaluru

Huawei announced the launch of the ‘Huawei Joint Innovation Solution and Demo Center’ in Bangalore, India at the Huawei Enterprise ICT Summit 2015. This is the first solutions center for the Indian industry offering comprehensive ICT solutions testing. The center will focus on the whole ICT solutions testing environment in India and resources that include […]

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infosys-campus-connect-banner
Infosys to hire about 20,000 engineering graduates from campuses in year 2016-17

Software company experimenting with compensation structure which is base plus bonus. India’s second-largest software exporter Infosys has started handing out special bonuses and incentives to top-performing employees and sales executives -on top of their regular salaries and incentives -and plans to hire about 20,000 engineering graduates from campuses in financial year 2016-17, roughly similar to […]

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tech graduates
Bengaluru Home to More Tech Graduates Than Mumbai, Delhi

The city has the highest number of engineering graduates in the country, newly-released figures from the 2011 national census reveal. Mumbai and Delhi trail Bengaluru. Karnataka has long been a leader in engineering education, and Bengaluru is ranked among the top tech cities in the world. Job opportunities in the city attract engineers and technically-qualified […]

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Desi-Pharma
Bengaluru to host Indian medical expo

In a bid to attract investment and discover business opportunities in the Indian pharmaceutical and medical devices industries, the Department of Pharmaceuticals, Union Ministry of Chemicals and Fertilisers, in association with FICCI, will host the maiden Indian Pharma 2016 and the Indian Medical Expo 2016 in Bengaluru, during January 7-9, 2016. Aimed at a Make in India […]

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Paytm
“Bengaluru is to tech what Mumbai is for Bollywood”- Paytm founder

Paytm founder Vijay Shekhar Sharma is planning to visit Bengaluru for a month. However, if all goes well, then Sharma might make Bengaluru his home. As per an Economic Times report, Sharma said, “Bengaluru is to tech what Mumbai is for Bollywood — you must be there to create name in the film industry. It’s […]

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Infosys
Infosys to invest 2000 crores to set up 3 more campuses in Bengaluru

The Karnataka government has cleared three major IT projects planned by Infosys to set up more campuses in Bengaluru at an investment of Rs 1,918 crore. “The IT major Infosys is going to invest 290 million U.S. dollars (Rs 1,918 crore) on three campuses. One will be built at Electronic City and other two at […]

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TEEMA
Taiwanese electronics companies to invest $500 million to make Bengaluru hub

Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA) on Wednesday signed an MoU with the Karnataka Industrial Areas Development Board (KIADB) to set up the Taiwan Electronic Manufacturing Cluster (TEMC) — an electronic manufacturing facility — in the Devanahalli IT Park near here. The facility will come up with an investment of $500 million. The MoU […]

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Visa-1
VISA Opens Technology Center in Bengaluru; Accelerates Digital Commerce Globally

Visa Inc.  announced the opening of a new technology development center in Bangalore, India, that will play a central role in the company’s efforts to accelerate digital commerce globally. As part of the opening ceremonies, Visa announced mVisa, a new mobile payment service that will be tested this summer with merchants across the Bangalore region […]

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Chaipaty
Cafés in Koramangala and Indiranagar are the office space choice of Wannabe Startup Kids

NOT JUST A HANGOUT Coffee houses offer cheap but comfortable options for a workspace to young entrepreneurs. With startup fever gripping the city , young entrepreneurs are looking at cheap but comfortable options for a workspace. And coffee shops have become crèches for startups in India’s IT capital.Open air seating, no loud music or distractions […]

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