News Roundup: Microsoft acquires stake in 24/7, LinkedIn Launches Hiring Solution for Indian Market

LinkedIn launches localized hiring solutions for Indian market

Specifically for India, LinkedIn India is rolling out localized versions with India pricing for offerings like LinkedIn Recruiter, which will allow Indian recruiters to search and target profiles in India. The localised pricing is also an acknowledgment of the growing demand for customised solutions in the Indian market.

Microsoft acquires stake in 24/7, to harness the power of Big Data

Microsoft  and 24/7 Inc. have announced an agreement to jointly bring the power of natural user interfaces (NUIs) and data analytics at cloud scale (Big Data) to enable the future of customer service for businesses. The agreement includes Microsoft merging its interactive self-service assets (clients, people and technologies) into 24/7 Inc. The agreement also includes an R&D partnership, long-term IP licensing and Microsoft taking an equity stake in 24/7 Inc. [source]

Video Conferencing Facilities find its way in State, Central Government

One of the State governments has procured video conference products for 450 schools for virtual class rooms or podcast. The Governments of Gujarat and Maharashtra are running a pilot for video conferencing facilities in the jails. In general, departments such as jails, courts and schools are switching over to video conferencing facilities. This is in addition to connecting district and State headquarters. [source]

Tulip Telecom and IBM Build India’s Largest Data Center

IBM has worked with Tulip Telecom Ltd. to design and help build the largest data center facility in India to deliver new cloud and networking services. IBM’s data center and SmartCloud infrastructure services will support Tulip in dramatically extending its existing offerings to quickly meet customer demand. Covering more than 900,000 square feet, and 20 Enterprise Modular Data Centers in a four tower building, the facility is engineered to support up to 100 megawatts of power, making it the third largest data center in the world.

Govt sets the ball rolling to lift the pause on multi-brand retail FDI

The government has decided to start afresh the process of consultation with states to build a consensus on allowing foreign direct investment (FDI) in multi-brand retail after it was forced to roll back a Cabinet decision by its own ally, the Mamata Banerjee-led Trinamool Congress, in December 2011.

“All commerce and industry ministers from the four southern states will be invited for the meeting. The idea is to address the concerns of individual states on multi-brand retail FDI and also to listen to their ideas. We also need states’ support for setting up National Manufacturing Investment Zones (NMIZs). The Cabinet has already cleared the National Manufacturing Policy facilitating the setting up of such zones,” [source]

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