Infosys to ‘Redeploy’ 3,000 Employees After RBS Cancels Contract

Infosys to 'Redeploy' 3,000 Employees After RBS Cancels Contract

Global software major Infosys on Wednesday said it will not lay off nearly 3,000 techies after the Royal Bank of Scotland (RBS) cancelled its contract for setting up a new bank (Williams & Glyn) but redeploy them in other projects.

“We would like to clarify that there are no job losses and that all employees affected by the ramp down that will take place over the next several months will be redeployed on other projects,” the company said in a statement.

There were reports on August 16 that Infosys will soon lay off about 3,000 techies.

“Subsequent to this (RBS) decision, we will carry out an orderly ramp-down of about 3,000 persons, primarily in India, over the next few months,” the city-based IT major had disclosed on its website but did not share details with the media.

The Edinburgh-based RBS announced last week that it would no longer pursue its plan to separate and list a new UK (British) standalone bank (W&G) and instead pursue other options for the divestment of its business.

“We have been a W&G programme technology partner for consulting, application delivery and testing services,” the IT outsourcing company said on its website.

According to company sources here, RBS signed a five-year multi-million dollar contract with Infosys and the US-based software major IBM for providing IT services to its proposed W&G bank.

“As RBS has a key relationship for us, we look forward to strengthening our strategic partnership and working with it across other transformation programmes,” the company added.
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Tags: IT, India, Information Technology, Infosys

 

[“Source-Gadgets”]

Best 4G Mobile Phones Under Rs. 10,000

Best 4G Mobile Phones Under Rs. 10,000

HIGHLIGHTS

  • 4G is quickly gaining ground in India
  • 4G rates are the same as 3G at the moment
  • Many 4G phones cost less than Rs. 10,000

Most new smartphones support 4G in India, but there are so many options in the market that it can be hard to zero in on any one of them. You could spend several hours poring over specification sheets and still be unable to decide which phone you should buy. That is where this article will help.

We’ve reviewed several of the best 4G smartphones in the market, some of which cost less than Rs. 10,000. Here are our top picks from this budget segment. Remember that we’ve only considered smartphones we have reviewed. As you would expect, all of the phones run Google’s Android operating system. We have restricted ourselves to smartphones released in 2016 so you aren’t picking up an old model.

1. Asus Zenfone Max (2016)
If you’re looking for a phone with 4G, you’re most probably going to rely on cellular data. That means you need a phone with great battery life, which is where the Asus Zenfone Max (2016) excels. Its 5000mAh battery means that it’ll easily last through the day and more. Its performance is decent, and the camera is good, though you’ll have to live with a sub-par display.

Asus ZenFone Max (2016)

Rs. 9999

  • Design

  • Display

  • Software

  • Performance

  • Battery life

  • Camera

  • Value for money

  • Good
  • Great battery life
  • Decent performance
  • Android 6.0 preinstalled
  • Good camera
  • Bad
  • Low-resolution screen
  • No fingerprint sensor
  • ZenUI can be intrusive
Read detailed Asus ZenFone Max (2016) review

2. Xiaomi Redmi Note 3
The Xiaomi Redmi Note 3 is a pretty solid performer overall. We were pleased most notably with its display and felt it has everything that a good smartphone needs. Only the base variant (2GB RAM and 16GB storage) is available under Rs. 10,000. If you can spare the cash you definitely should buy the 3GB/ 32GB variant, but the base variant will suffice for most people – if you can get your hands on one.

Xiaomi Redmi Note 3

Rs. 9999

  • Design

  • Display

  • Software

  • Performance

  • Battery life

  • Camera

  • Value for money

  • Good
  • Great looks and build quality
  • Vivid display
  • Strong CPU performance
  • Very good battery life
  • Offers good value
  • Bad
  • Expandable storage limited to 32GB
  • Camera could have been better
Read detailed Xiaomi Redmi Note 3 review

3. Coolpad Note 3 Plus
Coolpad Note 3 Plus has a pretty good display, decent cameras and comes with a pretty fast and accurate fingerprint sensor too. We noted in our review that this is more than what most phones that cost under Rs. 10,000 will offer you. Our only quibble is that its software is a bit annoying, but if you can get used to that this is a good 4G smartphone.

Coolpad Note 3 Plus

Rs. 8,999

  • Design

  • Display

  • Software

  • Performance

  • Battery life

  • Camera

  • Value for money

  • Good
  • Decent fingerprint sensor
  • Good screen
  • Good value for money
  • Bad
  • Poorly designed software
  • Slightly dull camera performance
Read detailed Coolpad Note 3 Plus review
BUY AT
  • Amazon
    Coolpad Note 3 Plus (Gold, 16GB)
    Rs. 8,999
  • Amazon
    Coolpad Note 3 Plus (Champagne White, 16GB)
    Rs. 8,999

4. LeEco Le 1s Eco
LeEco Le 1s Eco’s focus is more on its bundled services, such as free 5TB cloud storage for a year, than the phone itself. Still, we found it to be a pretty good phone that offers excellent value for money. We weren’t too happy with its battery life or camera quality, but the phone performed well in all other aspects.

Le 1s Eco

Rs. 10899

  • Design

  • Display

  • Software

  • Performance

  • Battery life

  • Camera

  • Value for money

  • Good
  • Free content services and 5TB storage for a year
  • Metal body and good looks
  • Good performance
  • Fingerprint reader and quick charging
  • Bad
  • Heats up when in use
  • No microSD slot
  • Poor camera quality
  • Underwhelming battery life
Read detailed Le 1s Eco review

5. Lenovo Vibe K5 Plus
Lenovo Vibe K5 Plus is the most affordable among the 4G phones listed here, which could make it appealing to many people with a tight budget. In our review, we said the smartphone looks great and performs well. We did face some heating issues and weren’t fully satisfied with the battery life, but if you can live with that, the phone is great for its price.

Lenovo Vibe K5 Plus

  • Design

  • Display

  • Software

  • Performance

  • Battery life

  • Camera

  • Value for money

  • Good
  • Looks good
  • Good display
  • Dolby Atmos sound enhancement
  • Bad
  • Gets hot when in use
  • Poor battery life
Read detailed Lenovo Vibe K5 Plus review
Also See
  • Amazon
    Lenovo Vibe K5 (Silver, 16GB)
    Rs. 6,999
  • Amazon
    Lenovo Vibe K5 (Gold, 16GB)
    Rs. 6,999
  • Amazon
    Lenovo Vibe K5 (Grey, 16GB)
    Rs. 6,999

These are the best 4G phones under Rs. 10,000. You could also consider the Xolo Era 4K (Review),InFocus Bingo 50 (Review), and Coolpad Note 3 Lite (Review) as they are decent alternatives to the above.

Which phone will you buy?

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Tags: Android, Asus Zenfone Max 2016, Asus Zenfone Max 2016 Features, Asus Zenfone Max 2016 Performance,Asus Zenfone Max 2016 Price in India, Asus Zenfone Max 2016 Review, Asus Zenfone Max 2016 Specifications, Coolpad,Coolpad Note 3 Plus, Coolpad Note 3 Plus Performance, Coolpad Note 3 Plus Price in India, Coolpad Note 3 Plus Review,Coolpad Note 3 Plus Specifications, LeEco Le 1s Eco, LeEco Le 1s Eco features, LeEco Le 1s Eco price in India,LeEco Le 1s Eco review, LeEco Le 1s Eco specifications, Lenovo, Lenovo Vibe K5 Plus, Lenovo Vibe K5 Plus features,Lenovo Vibe K5 Plus price in India, Lenovo Vibe K5 Plus review, Lenovo Vibe K5 Plus specifications, Redmi Note 3,smartphones, Xiaomi, Xiaomi Redmi Note 3, Xiaomi Redmi Note 3 features, Xiaomi Redmi Note 3 price in India,Xiaomi Redmi Note 3 review, Xiaomi Redmi Note 3 specifications
[“Source-Gadgets”]

Sony’s Vue Web TV Service Said to Surpass 100,000 Subscribers

Sony's Vue Web TV Service Said to Surpass 100,000 Subscribers

PlayStation Vue, the web-TV service for owners of Sony Corp.’s video-game consoles, has signed up more than 100,000 subscribers since its March 2015 debut, people with knowledge of the matter said, good news for entertainment companies that are losing pay-TV subscribers.

The service has been adding customers at a faster rate since Sony began a nationwide rollout in the US three months ago, said the people, who asked not to be identified discussing private figures. Sony, based in Tokyo, declined to comment on the number. One person put the total near 120,000.

Media companies like Walt Disney Co. and Time Warner Inc. are looking to internet services to counter or slow the decline in traditional pay-TV subscribers for channels like ESPN and TNT. Shrinking audiences have sapped growth at many cable networks, which are the primary contributors to sales and profit at most major media companies.

Sony created Vue to give owners of its PlayStation consoles the option to watch live and on-demand TV without switching away from their gaming systems, an effort to make the device the centerpiece of the living room. Sony sells different programming plans nationally, in part depending on the availability of the major broadcast networks. Where they are provided on Vue, prices range from $40 a month for about 60 channels to $55 for about 100.

The company also recently began offering the service on other devices, including Roku players, Amazon.com Inc. products, and iPhones and iPads.

Media companies are banking on web services to attract younger viewers, those less likely to have cable or satellite TV, and are encouraged by the early results from Sony and Dish Network Corp.’s Sling. Sling has more than 700,000 subscribers, according to one of the people. The company declined to comment.

That means participating media companies are close to reaching 1 million new customers with their web services. While that doesn’t make up for the subscribers lost over the past few years, it may quiet some of those more pessimistic about the future of TV.

“They haven’t been public with their numbers, so I can’t be specific. But what we’ve been told is that their numbers in terms of sub-adoption has gone up tremendously,” Disney Chief Executive Officer Bob Iger said of Vue at an investor conference in May.

AT&T, owner of DirecTV and the largest US pay-TV service, has said it plans to have three web-based services operating later this year. Hulu has said it is working on such a product, while Apple,Amazon.com and YouTube are all exploring the idea as well.

Vue rolled out more slowly than Sling TV. Sony introduced Vue in three markets, adding a few more last summer before making it available in more than 200 markets around the country in March. Live feeds of broadcast networks are only available on Vue in select markets for now.

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Tags: Amazon, Apple, Gaming, Home Entertainment, Hulu, Internet, PlayStation, PlayStation Vue, Roku, Sony, US
[“Source-Gadgets”]

Reasonably-priced Computer Sport Key Reseller G2A in Half of 1,000,000 Dollar Row with Developer Tinybuild

Cheap PC Game Key Reseller G2A in Half a Million Dollar Row with Developer Tinybuild

HIGHLIGHTS
Tinybuild claims G2A has offered its games fraudulently.
That is due to a high variety of price backs on the developer’s web page.
Which turned into followed by the same games on sale on G2A right away.
One of the motives for the resurgence of Pc gaming is the abundance of Reasonably-priced games anddeals galore. However low pricing is also drawback for Sport makers, even more so while you take into account that there’s little to no charge manipulate for Laptop Recreation keys mainly with thirdpartyshops consisting of G2A and G2Play.

And it seems that the former has fallen out of favour with indie developer and writer Tinybuild. It publishedthe Indian-developed Adorable Planet among others which includes Punch Club and birthday celebration Hard. The employer installation its own shop which saw hundreds of rate backs. At theequal time it states that key reseller G2A was suddenly full of Cheap Tinybuild video games. It claims that G2A bought near Half 1,000,000 dollars worth of keys for a touch under $2 hundred,000 with out acompensation to Tinybuild.

(Also see: Steam Is not the Cheapest Area to shop for Steam games Anymore)

“For some months we supported our personal little shop on tinyBuild.Com – in order that we are able togive a few discounts to our fanatics, and do creative giveaways that’d consist of scavenging for codes,” Tinybuild’s CEO Alex Nichiporchik wrote at the enterprise‘s internet site. It is down in the meanwhile, even though you can view the entire image of his publish here. “The store collapsed whilst we began to get hitby chargebacks. I’d begin seeing heaps of transactions, and our charge provider would close us downinside days. Moments later you’ll see G2A being populated through Cheap keys of games we had justoffered on our save.”

Nichiporchik were given in contact with G2A to discover wherein the keys originated from and if thecorporation might be compensated for them, simplest to be served the following reaction:

“So the difficulty you’ve got pointed to is related to keys you have already bought. They’re yourcompanions that have offered the keys on G2A, which they purchased directly from you. If somethingthis have to give you an idea at the attain that G2A has, instead of your partners selling here you maytry this at once.

I will inform you that no compensation might be given. In case you suspect that those codes in which all chargebacks aka fraud/stolen credit score card purchases I might be satisfied to inspect that However I’m able to say this calls for tinyBuild to want to paintings with G2A. Each in that you need to revoke the keysyou may be claiming as stolen from the players who now personal them and supply myself with the codesyou watched being a part of this. We can test to look if this is the case however I doubt that codes with such large numbers could be that way.

Sincerely I think you will be amazed in that it isn’t always fraud, however your resale companions doing what they do first-rate, selling keys. They just occur to be promoting them on G2A. It is also well worthstating that we do not take a percentage of these prices, our element comes from the kickback our pricevendors.”

It appears that G2A is trying to sturdy arm Tinybuild into working with it via stating that accreditedresellers are those accountable and that no assistance may be viable unless Tinybuild skip on an entirelisting of Recreation codes to G2A, basically leaving the corporation with 0 manage and the whole thingin G2A’s arms.

This consequences in Tinybuild being unable to locate the source of its unauthorised keys and it may notreap any money from the 26,000 copies bought. What’s worse is that it is not possible to deactivate the keys that G2A have bought and still have for sale as that might require the precise key itself. The onlydifferent alternative is to dam batches of of keys that would hamper valid consumers.

All of this basically consequences in a Freedom 251 situation for customers. If It’s too top to be true, itpossibly is. You might get your reproduction of a Laptop Recreation Reasonably-priced, however a person inside the deliver chain basically loses out. In this case, it seems to be the game‘s creators.

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Tags: Cheap Pc games, G2A, G2Play, Lonely Planet, party Difficult, Pc video games, Laptop Gaming, Punch Membership, Velocity Runners, Steam, Tinybuild

five Smartphones underneath Rs. 15,000 With pleasant Battery life

Five Smartphones Under Rs. 15,000 With Best Battery Life

HIGHLIGHTS
You do not want to buy a flagship to get super battery lifestyles.
a few specialized models change thickness for battery.
The mAh score of a phone is most effective a hard guide to its battery existence.
everyone wishes different things from their telephonessome of us want the quickest processors, others need the best cameras, and anyone has a specific budget. the coolest news is that you don’tneed a smartphone with the present day components just to have a good enjoy, or even in case you‘re on a smaller budget, there are any variety of tremendous handsets you could purchase.

This time, we’re searching at battery existence – and greater than simply searching at that mAh score to your phone, we desired to listing out telephones that in reality supply brilliant battery lifestyles in realinternational utilization. in spite of everything, software optimisation is just as essential to deliverdesirable battery life, and that is why you shouldn’t just examine the specs. because of this although,we’re sticking to handiest the telephones which we’ve reviewed, as our standardised battery tests assistdisplay a clean photograph of the way lengthy the phone will final while you‘re using it. apart from this,we are additionally sticking to only handsets that have been launched recently, in order that the generalexperience of the use of the smartphone won’t be compromised at the same time as chasing the first-rate battery backup.

With these caveats in thoughts, here are our 5 picks for the telephones with the best battery backup atunder Rs. 15,000.

1) Lenovo Zuk Z1
The Lenovo Zuk Z1 has top ratings overall, however its battery rating of nine clearly stands proud. Thephone is powered by a 2.5GHz quad-center Qualcomm Snapdragon 801 processor, and springs with 3GB of RAM and a five.five-inch full-HD show, but in spite of demanding specifications, grants aoutstanding battery enjoy thanks to a huge 4100mAh battery – it lasted for thirteen hours, forty mins in our video loop take a look at, and could remaining nicely over a day on a complete price, no matterheavy use.

Panasonic Launches Toughbook CF-20 Rugged 2-in-1 at Rs. 2,25,000

Panasonic Launches Toughbook CF-20 Rugged 2-in-1 at Rs. 2,25,000

HIGHLIGHTS
Toughbook CF-20 sports a glove-enabled 10.1-inch full-HD touchscreen.
the 2-in-1 Toughbook CF-20 detaches easily to end up a 10.1-inch pill.
Panasonic Toughbook CF-20 will be available in India in August 2016.
Panasonic India on Thursday released a brand new fully-rugged, 2-in-1 light-weight Toughbook CF-20 that detaches without problems to become a ten.1-inch tablet.

The Rs. 2,25,000 (expected fee plus taxes) Toughbook CF-20 is motiveconstructed for hard environments,such as area offerings, utilities, oil and fuel, transportation and logistics, healthcare, coverage, publicprotection and defence. In phrases of durability, it meets MIL-STD-810G and MIL-STD-461F army wi-fi, and IP65 water and dirt resistance.

“Aimed to fulwiwireless the evolving wishes of firms, the CF-20 is bundled with a huge range of conwirelessgurable alternatives. The capability to detach the pill from pocket book affords flexibility and unparalled reliability and business enterprise-grade functions,” Gunjan Sachdev, national commercial enterprise Head (Toughbook), Panasonic India, informed journalists here.

prepared with windows 10 pro, the CF-20 is powered by using 6th generation 1.1GHz Intel center m5-6Y57 vPro processor (up to two.8GHz with turbo enhance) with Intel HD images 515, and is derived with a 128GB SSD (as much as 512GB), and 8GB of RAM and an non-compulsory bridge battery that lets in hotswap battery substitute for non-stop use. users can opt for home windows 7 expert as nicely.

additionally, it sports a glove-enabled 10.1-inch complete-HD touchscreen and causeconstructed vehicleMount and desktop Port Replicator, armed to meetwireless all mobile computing wishes at excessiveconditions.

Connectivity options include USB, SD card reader, HDMI, VGA, Ethernet, c084d04ddacadd4b971ae3d98fecfb2a 802.11ac, Bluetooth, and optional 4G LTE and GPS.

The Panasonic Toughbook CF-20 might be available in India in August 2016 from permitted Panasonic resellers and is backed by means of a threeyr restricted guarantee.

Commenting at the launch, Kensei Isaki, manager, Asia Paciwirelessc & India income section, foreign places income branch, IT merchandise business department (ITPBD), AVC Networks organisation,stated, “Panasonic Toughbook had been designed to satisfy the evolving business needs of theorganizations. at the same time as firms retain to diversify, the need of the hour is cellular computing. Mobility particularly at projectcritical situations give an edge to businesses. we are proud to nationthat Panasonic is among the few device manufacturers to offer entire customization for our rugged-gadgets, in-residence. Toughbook CF-20 too, will supplement the prevailing business environment,driven by way of factors inclusive of improving mobility infrastructure, combined with business and staffcall for.”

Written with inputs from IANS

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Microsoft Paying girl $10,000 for force putting in home windows 10: report

Microsoft Paying Woman $10,000 for Force Installing Windows 10: Report

HIGHLIGHTS
Teri Goldstein’s claimed her pc crashed after the replace failed
Microsoft is reportedly paying $10,000 in repayment
home windows 10 free improve available until Wednesday
Microsoft reputedly is paying a lady $10,000 as reimbursement for force installing the windows 10update on her laptop with out her permission. California resident Teri Goldstein sued the organization forseeking to automatically putting in windows 10 on her laptop, which she claimed then refused topaintings properly – making her lose all her documents.

Goldstein runs a tour corporation in California, and she or he sued Microsoft for forcibly installing theupdate even though she failed to authorise it. She instructed The Seattle that the replace had failed, and made her laptop virtually sluggish. The laptop could crash sporadically, and would not work for days at once.

“I had by no means heard of home windows 10. no one ever asked me if I desired to replace,” Goldsteintold the publication. Microsoft decided to now not levy litigation expense, and simply drop itsenchantment. efficiently, Microsoft pays her $10,000 in keeping with the judgement.

Microsoft’s home windows 10 is currently available as a free improve for windows 7 and windowseight.1 customers. The working gadget was unveiled in July 2015, and can be unfastened for upgradeuntil June 29. The enterprise has been going for walks an competitive marketing campaign to getpeople to switch to home windows 10 whilst it is unfastened. frequent notifications, and persistent pop-united stateswere said via many users, and Goldstein’s case is one in every of the intense examples.

Pop-united states of americawith no option to decline the replace raided many windows desktops a while ago, and Microsoft changed into forced to alternate it after hordes of users left bad remarks. whilstmany users are claiming it to be a nasty and misleading way to force them to make the transfer, Microsoft claims that it is not trying to be sneaky. On its weblog, the company says it shows users at least twonotifications earlier than it turns on home windows 10. It additionally allows any pc proprietor toopposite the set up and cross lower back to their vintage software program in the event that theyaccomplish that inside 31 days.

Microsoft introduced earlier this month that 300 million gadgets are going for walks windows 10 – afaster adoption fee than either of the 2 previous home windows versions.

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Tags: Microsoft, Teri Goldstein, windows 10, windows 10 unfastened improve

Asian Paints to invest Rs4,000 crore in new units in Karnataka, Andhra Pradesh

Photo: Mint

Mumbai: Asian Paints Ltd is making an investment around Rs.four,000 crore on putting in productionplant life in Karnataka and Andhra Pradesh, although it has advised that demand conditions inside themodern-day economicnevertheless stay uncertaindue to the worldwide monetary scenario.

Asian Paints chairman Ashwin Choksi said in the modern day annual record that “the employer could bemaking an investment in phases at each those facilities to allow it to carrier the destiny call forproperly”.

The employer has finished the land procurement technique in both the states over the last monetary and has taken ownership of the identified land.

The file stated the employer can be installation a paint production plant with a maximum ability of4,00,000 kilolitres (KL) in stages at Visakhapatnam in Andhra Pradesh at an approximate investment of Rs.1,750 crore. but, on 21 June, it knowledgeable BSE Ltd that “the business enterprise has re-checked out its product portfolio to be synthetic at this proposed manufacturing plant and has decided to revise its plans of setting up of the plant with a maximum capability of five,00,000 kilolitres in keeping with annum, to be positioned up in stages.”

“The approximate amount that could be invested via the organization in phases over a period of 12 years from the date of commencement of production, inclusive of the price of land, would be Rs.1,785 crore,” it said.

further, the document stated, the firm will make investments approximately Rs.2,300 crore toinstallation a production facility with a most potential of 6,00,000 KL in Mysuru, Karnataka.

Over the longer term, the boom capability for the organisation’s various companies is largeparticularly given the huge impetus being put on infrastructure development and urbanisation via adventof smart towns.

we are confident to convert this capacity into fact and as a mark of this self belief, the company has initiated paintings on putting in new manufacturing facilities,” Choksi stated.

but, he recommended that the demand conditions nonetheless continue to be uncertain in monetary2017. whilst the usa keeps to enjoy the benefits of a strong home intake base, it can’t continue to beremoted from the outside international wherein most of the large economies retain to exhibit weakincrease developments.

the advance estimates for a good monsoon are encouraging symptoms and will offer a actual push to the agricultural sector demand, he stated.

at some point of financial 2016, the organization invested assets to enhance its production capacities to be in a function to support the extended destiny call for in a timely manner. The expansionundertaking at Rohtak plant in Haryana to double the potential from the existing 2,00,000 KL consistent with annum to 4,00,000 KL in keeping with annum became efficaciously finished.

The organization might now be specializing in ramping up and stabilisation of output from the Rohtak plant, it stated. The modernisation programme at older facilities at Ankleshwar in Gujarat and Kasna in Uttar Pradesh had been completed in time last 12 months, it introduced.

4G Smartphones at Rs 4,000: 10 data about Reliance Jio’s huge Telecom Plans

The 4G phones will be sold by multi-brand outlets as well as Reliance Retail outletsReliance Jio, a subsidiary of oil-to-retail conglomerate Reliance Industries, is planning a confined launch of its virtual services in December. Reliance Industries will launch its 4G LTE smartphones under the brandLYF earlier than Jio services are rolled out. complete business launch, but, is likely to happen in 2016-17. Reliance Industries, which has thus far invested round Rs wi-fi,000 crore in rolling out India’s biggest 4G broadband network, is predicted to become a “disruptor” inside the surprisingly competitive homemarketplace.

here are 10 matters to understand approximately RIL’s telecom foray:

1) Reliance Industries, controlled by using India’s richest man Mukesh Ambani, is probable to launch the LYF variety of telephones around Diwali.

2) A huge range of smartphones – from top rate to less costlymight be made to be had under the LYFemblem.

three) Reliance Industries stated it turned into in talks with wi-five producers to make the phones at as low as Rs 4,000. those phones will wiwireless be made in India.

four) in step with Reliance Industries, LYF variety of smartphones could have capabilities like voice over LTE, voice over c084d04ddacadd4b971ae3d98fecfb2a, HD voice and HD pleasant video calling.

5wireless) LYF handsets are in all likelihood to have twin-SIM functionality.

6) The 4G telephones can be offered by multi-brand stores as well as Reliance shops across the united states, Reliance Industries said.

7) in keeping with Motilal Oswal, LYF phones might be completely developed for RIL and in case thesales are decrease than predicted, then the stock impact will ought to be borne via the employer.

8) LYF will tap into speedy growing Indian telephone marketplace, projected to reach sixteen crore unitsby 2016-17.

9) coinswealthy Reliance’s access into the crowded telecom zone poses a potential hazard for set upplayers such as Bharti Airtel and Vodafone’s neighborhood unit. consistent with Motilal Oswal, Reliance Jio will “disrupt” data as well as voice marketplace given its non-legacy infrastructure and 0 dependence on voice revenue.

10) Reliance Jio is making plans to proportion spectrum in the 800 MHz band with Reliance Communications across seven circles. RCom is managed by using Anil Ambani, the more youthful brother of Mukesh Ambani.

Reliance Jio’s plans were showcased on Friday, while Reliance Industries stated its Q2 numbers. Reliance Industries shares jumped over 5wireless in step with cent on Monday following the oil-to-retail conglomerate’s stellar show within the September zone. Reliance Industries on Friday had suggested arecord internet wi-fit of Rs 6,720 crore.

Nokia Could Cut Up to 15,000 Jobs Globally: Union Representative

Nokia Could Cut Up to 15,000 Jobs Globally: Union Representative

Telecom network equipment maker Nokia is likely to cut 10,000 to 15,000 jobs globally as part of a cost-cutting programme following its acquisition of Franco-American rival Alcatel-Lucent, a Finnish union representative said.

Nokia kicked off the programme in April with a target to slash EUR 900 million ($1 billion) of operating costs by 2018, but it has yet to give a figure for how many jobs will be reduced in total.

“We haven’t heard any official numbers, but based on the information from our union contacts, I would estimate the global impact of this round would likely be around 10,000 to 15,000 jobs,” said Risto Lehtilahti, a trade union shop steward at Nokia’s Oulu site.

A Nokia spokeswoman declined comment on the 10,000-15,000 figure.

Nokia employs around 104,000 people worldwide. Last week the company specified its plan for its home country, saying it was cutting around 1,000 Finnish jobs, compared to an initial target of 1,300 jobs.

Nokia has said it is looking to reduce 1,400 positions in Germany. In France, it would cut around 400 jobs but also create 500 research and development posts – in line with a pledge to the French government during the Alcatel negotiations.

The Nokia spokeswoman said the company didn’t have any updates for France or Germany, and declined to give details on other countries. Nokia is holding talks with employee representatives in about 30 countries.

The savings plan is partly due to tackle the weak network gear market. Nokia forecast earlier this month that its network sales would fall this year.

“Some work will be completely terminated, some cuts come from Alcatel overlaps, and some work will be transferred to countries with lower costs,” said Tuula Aaltola, another Finnish shop steward.

According to Communication Workers of America (CWA), the company already started to reduce US jobs a year ago in preparation for their EUR 15.6 billion merger.

“We don’t know what Nokia’s plan is for the US-based workforce. They have cut 500, cut our (unionised) workforce in half, and we hope that’s all that is going to be taken away,” CWA representative Lisa Bolton said.

Lehtilahti said he feared that Nokia would kick off another round of cuts at a later stage.

In Finland, Nokia has slashed thousands of jobs over the past decade as its once-dominant phone business was eclipsed by the rise of smartphone rivals. The phone business was eventually sold to Microsoft, which has continued cutting jobs in the country.

© Thomson Reuters 2016

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Tags: Job Cuts, Layoffs, Mobiles, Nokia, Tablets, Telecom