IGB archive

Oppo signs MoU with Telangana

India Global Business Staff

Chinese smartphone player Oppo signed a memorandum of understanding (MoU) with the Telangana government to support and develop the start-up ecosystem in the state. As part of the agreement, Oppo would provide technical expertise and mentoring support to startups helping the government create a supportive start-up ecosystem for working in camera and image processing, battery, networks (5G), system performance, payments, Artificial Intelligence (AI) and gaming, the company said in a statement. Tasleem Arif, Vice President, Research and Development Head, Oppo India, said: “Through this partnership with the government of Telangana, which has shown positive intent in fostering a conducive ecosystem of entrepreneurship in the state, we hope to encourage and co-develop innovative solutions that will transform the smartphone industry across the country.” The company would also provide market access to chosen start-ups by Alpha/Beta testing their offerings with the "Oppo Color Operating System (OS)" community and helping them with feedbacks. The start-ups would be selected on the basis of the solutions they provide towards key problems faced by Indian mobile users, with the intention of using their idea, application, technology or service to help enhance consumer experience.

In a move that renewed hope in India’s civil aviation circles, and sent waves of optimism in business circles, the Tata Group acquired beleaguered national carrier Air India for $2.4 billion last week. The transaction will be completed by December 2021.

Tata Group’s take over of Air India puts the competition on alert

RBI says growth impulses strengthening, inflation trajectory favourable

Gadkari focuses on alternate fuels, EVs in clean transport push

India, UAE march towards Comprehensive Economic Partnership Agreement

India’s new Parliament on track to host 2022 Winter Session