Lenovo K3 Note Starts Receiving Android 6.0 Marshmallow Update in India

Lenovo has started rolling out the Android 6.0 Marshmallow update for its K3 Note smartphone in India. The Chinese company confirmed the update via Twitter. The Marshmallow update is available via OTA (over-the-air) and is now being rolled out to Lenovo K3 Note smartphones in India. Users can manually check for the update via Settings > About Phone > System Update. The latest update bumps the software build to K50a40_S322_160314_ROW and is about 1.6GB in size. One of the biggest additions that the Marshmallow update for the K3 Note brings,…

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Cairn India On Course to Roll Out Enhanced Oil Recovery Plan

New Delhi: Cairn India is set to launch the world’s largest enhanced oil recovery programme, investing about $760 million in the site where its first oil was discovered in the Thar desert of Rajasthan. As part of the plan, the company will complete 100 exploration and appraisal wells and 350 development wells in 2016, Cairn India chief executive Mayank Ashar told PTI. The EOR (enhanced oil recovery) spending spans over Mangala and Bhagyam oil fields in the Rajasthan block to help arrest the natural decline and maintain production. Almost two…

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Jaitley Woos British Businesses Keen on Investing in India

London: Ahead of the India-UK Economic and Financial Dialogue, Finance Minister Arun Jaitley on Monday wooed British businesses keen on investing in India, highlighting initiatives taken by the government to make the country an attractive destination for global investment. UK Chancellor of the Exchequer George Osborne hosted Jaitley for dinner on his arrival in London on Sunday. The India-UK Economic and Financial Dialogue will be held on Tuesday after which the two ministers are expected to issue a joint statement. Jaitley began his three-day UK visit with an interaction with…

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Apple Resubmits India Retail Store Application; Xiaomi Follows

iPhone and iPad maker Apple has resubmitted its application for opening single-brand retail stores in the country as there were certain gaps in its earlier proposal. “The proposal is being processed by the Department of Industrial Policy and Promotion (DIPP). Chinese smartphone maker Xiaomi too has submitted an application,” an official said. In January, Apple had filed proposal seeking permission for single-brand retailing and sell products online but due to certain gaps in the application, DIPP had sought more information from the US-based technology giant. According to the sources, the…

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India Need to Keep Reform Momentum Going: Jaitley

New Delhi: As the global environment becomes extremely difficult and challenging, India will need to keep the reform momentum going while putting resources in areas where it lacks, Finance Minister Arun Jaitley said today. Speaking at the opening day of the three-day India-IMF Conference ‘Advancing Asia: Investing for the Future’, he hoped to get through some important measures over the next few months riding on popular mood for growth oriented policies. “We have been trying to do our best as far as India is concerned, notwithstanding the global environment being…

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India Funding Roundup: A Bike Taxi Startup, File Sharing App, and More

Our latest funding roundup compiles investments in Indian startups engaged in e-commerce, fashion discovery, on-demand transportation, B2B and B2C e-commerce startups. Ninjacart Bengaluru-based Ninjacart, a B2B startup connects farmers and brands to retailers, has raised $3 million (around Rs. 20 crores) in Series A funding round led by Accel Partners, Qualcomm Ventures, M&S Partners, and Zop Smart. Founded in 2015, Ninjacart helps producers to sell directly to retail stores by providing a selling platform and assisting in warehousing and order fulfilment. Wooplr Social fashion discovery platform Wooplr has reportedly received…

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