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Business Economy


Brightstar India launches Video Conferencing as a Service

New Delhi, May 29 (UNI) Mobile services and technology solutions provider Brightstar corp on Tuesday launched Video Conferencing as a Service (VCaaS) - an offering that allows enterprises a seamless solution for high definition virtual communication, anytime and anywhere.
Launched in partnership with Polycom, the cloud-based offering promises faster business execution, operator assistance, flexibility, scalability and comes bundled with managed services.
VCaaS is the delivery of point-to-point video conferencing capabilities over an IP network by a managed cloud service provider. Its offerings include call production, endpoint management, multi-point high definition (HD) bridging, white-glove concierge services, recording and archiving.
Commenting about the new launch, Brightstar India CEO, Deval Parikh, said, ''Our device agnostic solutions will provide a more secure collaboration platform and offer highly scalable voice, video, and content. We see a substantial market in India for VCaaS and are bullish to offer more innovative solutions to our customers.''
Polycom India & SAARC Director (Sales & Channels) Ankur Goel said, "We are excited about this new partnership with Brightstar India which aligns with our strategy to strengthen our cloud based ecosystem, bringing seamless “click to connect” meeting experience to our customers.''
Video conferencing market is currently placed at around $ 90 million in India. Video Conferencing as a Service (VCaaS), due to benefits such as pay as you use, is becoming a growing part of it. Currently, the VCaaS market size is anticipated to be around $ 18 million, and by 2020 is expected to be around $ 25 million.
(1 dollar=Rs 67)
UNI JPG RP1722
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RBI tightens corporate governance norms for core investment companies

14 Aug 2020 | 2:00 PM

Mumbai, Aug 14 (UNI) The Reserve Bank of India (RBI) has released a revised set of guidelines for core investment companies (CICs), tightening corporate governance and disclosure norms for these entities.

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RBI Imposes penalty of Rs 10 lakh on four co-op banks

14 Aug 2020 | 1:56 PM

Mumbai, Aug 14 (UNI) Reserve Bank of India (RBI) has imposed a total penalty of Rs 10 lakh on four cooperative banks for deficiencies in regulatory compliance.

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HDFC Bank launches Shaurya card for armed forces

14 Aug 2020 | 1:55 PM

Mumbai, Aug 14 (UNI) Private Sector lender HDFC Bank on Friday announced the launch of a first-of–its-kind product for the armed forces.

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WPI inflation falls 0 58 pc in July

WPI inflation falls 0 58 pc in July

14 Aug 2020 | 1:43 PM

New Delhi, Aug 14 (UNI) The wholesale price-based inflation declined 0.58 per cent in July, according to data released by the government on Friday.

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CtrlS builds Worlds 1st Solar Powered Rated-4 Datacenter Building powered by Integrated Vertical Solar System from WAAREE

14 Aug 2020 | 1:34 PM

MUMBAI, India, Aug 14, 2020 /PRNewswire/ - CtrlS Datacenters Limited, Asia's Largest Rated-4 Hyperscale Datacenter and managed services provider, has deployed building integrated vertical solar PV system from WAAREE at its Mumbai datacenter facility. The system, with a capacity of about 1 MW, has been installed by integrating solar panels on all four walls of the facility, covering over 5,000 square feet of facade area. It is estimated that solar power system will help provide a CO2 emissions reduction equivalent to almost 7,000 trees per year.

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