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Tag: India

FDI Inflows Into India Rise 37% in 2015

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New Delhi: Foreign direct investment (FDI) into the country increased 37 per cent to $39.32 billion during 2015. The foreign investment inflows stood at $28.78 billion in 2014, according to data by the Department of Industrial Policy and Promotion (DIPP). The computer hardware and software sector attracted the highest FDI, followed by services, trading business, automobiles and chemicals. Singapore emerged as the biggest FDI source, followed by Mauritius, US, Netherlands and Japan. The government has taken several steps to promote investments through a liberal FDI policy. It has relaxed norms in several sectors, including single brand retail, e-commerce and…

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Nextbit Robin Cloud-Based Smartphone India Launch Set for April-End

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Nextbit last year started shipping its cloud-based Robin smartphone, with an option to ship to India, and now the company will finally be launching the handset in the country by the end of this month. The US-based company however has not yet mentioned the exact launch date for the smartphone in India. The Nextbit Robin was launched in the US last year starting from $399 (roughly Rs. 26,000), and would currently cost you another $70 (roughly Rs. 4,600) to get it shipped to India. Nextbit, a startup that boasts of…

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Lenovo A7000 Starts Receiving Android 6.0 Marshmallow Update in India

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Lenovo, after rolling out the Android 6.0 Marshmallow update to its K3 Note smartphone, has now started to roll out the update to A7000 users in India. The update is available over-the-air (OTA) though users can manually check for the update via Settings > About Phone > System Update. The update is about 1.3GB in size, so we recommend users to switch to Wi-Fi before downloading the update. As per user reports (via PhoneRadar), the Lenovo A7000 is receiving the new update with build number A7000-a_S153_151127_ROW_TO_A7000-a_S223_160405_ROW. (Also see: Lenovo A7000…

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LG K7 LTE, K10 LTE Launched in India: Price, Specifications, and More

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LG has launched the K7 LTE and K10 LTE in India, the company’s “first Made in India smartphones”. While the K7 LTE is priced at Rs. 9,500, the K10 LTE is priced at Rs. 13,500. The K-series of smartphones are touted by LG to sport photography capabilities as well as the ‘premium UX’ features they bring from higher-end devices. Some of the other features of the LG K10 LTE and LG K7 LTE smartphones include 2.5D Arc Glass design along with Gesture Shot, Tap and Shot, and Gesture Interval shot…

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Google Maps for Android, iOS Now Offers Traffic Alerts in India

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Google has announced that Maps for Android and iOS in India will now show traffic alerts to users once navigation mode is switched on. The updated Maps app will offer a spoken alert about upcoming traffic conditions upon entering a destination on the app, meant to help users identify the route they want to take to their destination. While on the road, users will get a heads up about any congestion in the route, and how long it can take. The Maps app will also suggest alternate routes, including giving…

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India Funding Roundup: An Online Legal Services Provider, Loan Marketplace, and More

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Our latest funding roundup compiles seed stage investments in Indian subscription based grocery delivery startups, legal services providers, loan application portals, and proximity marketing firms. Deal4Loans Noida-based Deal4Loans, a loan information and application portal that provides information on personal, home, car and business loans, and credit cards from different banks has raised an undisclosed amount of funding from international investors, including Ram Shriram, Neeraj Arora, Samir Sood, and Puru Vashishtha. Founded in 2009, the company has reportedly booked over Rs. 10,000 crores in loans through seven million customers. LegalRaasta Online…

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