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Tech Mahindra Inks MoU with Digital Economy Promotion Agency

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NEW DELHI: Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, and Digital Economy Promotion Agency (depa), a government agency established under the Ministry of Digital Economy and Society of Thailand to promote development of digital industry and innovation and ascertain nationwide digital technology adoption in order to achieve economic, social, cultural, and security benefits, have signed a Memorandum of Understanding (MoU) to accelerate digital transformation in Thailand.

As a part of the partnership, both organizations will co-develop innovative digital solutions and execute commercially viable projects and use cases for enterprises in areas of IoT, AI, 5G, Analytics, Blockchain, and Metaverse for various industries including Smart Cities, Telecom, among others.

Rajesh Chandiramani, Business Head, Communications-Media-Entertainment for EMEA and APJI Markets, Tech Mahindra, said, “We started our Thailand operations in 2004, and today it has become one of the most strategic and growth markets for us. Our partnership with depa will unlock immense potential for us to build, develop, and market innovative solutions for our customers in Thailand and support them in their digital transformation journey. This partnership is a major step forward in strengthening the industrial competitiveness between Thailand and India. We will also work towards diversifying the talent pool in the region through various skilling and upskilling initiatives on multiple technologies like NFT, Blockchain, Metaverse, AI, Analytics, IoT, 5G, Machine Learning, Quantum Computing, and Cloud.”

Digital Economy Promotion Agency (depa) was established under the Digital Development for Economy and Society Act promulgated on 23 January 2017. The agency aims to support and promote the development of digital industry and innovation, support and promote digital technology adoption, which benefits the national economy, society, culture, and security according to Article 34 of the Act.

Dr Passakon Prathombutr, Senior Executive Vice President of Digital Economy Promotion Agency, said, “Thailand aims to become ASEAN’s digital hub, for which a digital workforce is vital. This partnership with Tech Mahindra will empower our talent development in key fields such as AI, Blockchain, and the Metaverse. Depa is building Thailand Digital Valley (TDV), a state-of-the-art digital innovation ecosystem in the Eastern Economic Corridor (EEC). TDV will become the digital and innovation hub for the entire region. Hence, this collaboration is strategic to the digital economy and society.”

This partnership is in line with Tech Mahindra’s NXT.NOW™ framework, which aims to enhance ‘Human Centric Experience’, and focuses on investing in emerging technologies and solutions that enable digital transformation and meet the evolving needs of the customer.

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Bharti Airtel appoints Naval Seth as head of investor relations

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NEW DELHI: Bharti Airtel, India’s leading communications solutions provider, today announced the appointment of Naval Seth as the Head of Investor Relations. In this role, Naval will spearhead Airtel’s representation amongst investors, lenders, equity partners, & financial institutions and will report to Soumen Ray, Chief Financial Officer.

Welcoming Naval to the role, Soumen Ray, Chief Financial Officer, Bharti Airtel said: “We are delighted to have Naval with us. His deep relationships with the investment community, strong subject knowledge in Equity Research and Capital Markets will add immense value to the company as we steer ahead in our growth journey. I wish Naval the very best”

Naval joins Airtel from Emkay Global Financial Services Limited where he was Deputy Head of Research. Prior to that, he had worked with ICICI Securities Limited. Naval brings with him over 14 years of experience in Equity Research and Capital Markets. He has a deep research experience across both B2B and B2C facing businesses along with a trusted relationship with the investment community.

Over the years, Naval has been recognized for in-depth and differentiated research across the sectors- Telecom, Media and Consumer Discretionary. He has also been consistently voted by institutional investors and also ranked in Asia Money polls.

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Nokia,Samsung sign 5G patent license agreement

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NEW DELHI: Finland-based company Nokia said that it has signed a new cross-license patent agreement with Samsung following the expiry of the previous agreement at the end of 2022.

Under the agreement, which covers Nokia’s fundamental inventions in 5G and other technologies, Samsung will make payments to Nokia for a multi-year period beginning 1 January 2023. The terms of the agreement remain confidential between the parties.

Jenni Lukander, President of Nokia Technologies, said: “Samsung is a leader in the smartphone industry, and we are delighted to have reached an amicable agreement with them. The agreement gives both companies the freedom to innovate, and reflects the strength of Nokia’s patent portfolio, decades-long investments in R&D and contributions to cellular standards and other technologies.”

The agreement is consistent with the assumptions that Nokia has disclosed in the long-term Nokia Technologies outlook commentary in its Financial Report for Q3 and January-September 2022 issued on October 20, 2022.

Nokia’s industry-leading patent portfolio is built on more than €130 billion invested in R&D since 2000 and is composed of around 20,000 patent families, including over 4,500 patent families declared essential to 5G. Nokia contributes its inventions to open standards in return for the right to license them on fair, reasonable and non-discriminatory (FRAND) terms. Companies can license and use these technologies without the need to make their own substantial investments in the standards, fueling innovation and the development of new products and services for consumers.

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Truke brings in BTG X1 TWS earbuds with 40ms low latency, 48 hr battery life and RGB lights

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NEW DELHI: German-origin personal audio brand Truke has come up with yet another product for audiophiles and gamers in India, called BTG X1 TWS earbuds, which come with an  introductory price of Rs 999 for today (January 4).

The all-new BTG (Born To Game) earbuds will be available at a regular price of Rs 1,499 on marketplaces like Amazon and Flipkart, Croma etc. starting tomorrow (January 5).

Truke, in a press statement, said BTG X1 delivers an ultimate gaming experience through its true gaming mode which claims to offer the best-in-class ultra-low latency of up to 40ms. Audiophiles and music lovers can relish a cinematic music experience with BTG X1’s 12mm Titanium speaker drivers, the company said.

To tune into those long gaming and music-listening sessions, the all-new Truke BTG X1 offers an unparalleled total playtime of up to 48 hours, including 10 hours of playtime on a single charge. The true wireless half-in-ear earbuds are embedded with a Quad-Mic Environmental Noise Cancellation (ENC) and comes with a 20RGB gaming characterized case design.

Pankaj Upadhyay, founder and CEO at Truke India, said, “Truke BTG X1 will immediately transform the gaming and music-listening experience of customers at a fraction of the price. The new product has been launched in response to the increasing demand for our expertise in the gaming earphones market.”

“The pandemic saw an immediate surge in the gaming sector across India, with around 507 million gamers in the country alone. Online gaming in India reached a figure of USD 1.3 billion in 2021, showcasing a 28% growth from USD 906 million in 2019. This presented us with the opportunity to broaden our horizons, and with Truke BTG X1, we can set out to provide consumers with cutting-edge, high-performing earbuds dedicated to gaming,” he said.

“Moreover, the success of our other products like BTG1, BTG2, BTG Alpha, and BTG3, which had sales of more than half a million units, clearly indicates a good foundation for BTG X1. We sincerely appreciate the support of all our loyal customers, and with the new product, promise to enhance their gaming and music experience even further,” Upadhyay noted.

The company further said the launch of this product is in complete accordance with Truke’s vision to establish itself as the go-to brand across the sound ware and sonic accessories space with its product offerings that claims to blend the best in state-of-the-art technology, power, performance, customer experience, and affordability.

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