Category «Industry»

Indian telecom companies to raise tariff by 15 to 40 percent

File photo: VCG  India telecom companies have raised tariff between 15-40 percent across different plans effective from this week. “Our new mobile plans offer tremendous value to our customers and are backed by a superior network experience on Airtel’s nationwide 4G network,” said Shashwat Sharma, chief marketing officer, Bharti Airtel, the third largest mobile network …

Facial-recognition payment reduces train boarding time to 3 seconds in Guangdong

An intercity train runs between Guangzhou and Shenzhen in South China’s Guangdong Province. Photo: China Railway Sina Weibo Mobile payments with facial-recognition technology can now be used to board the intercity train between Guangzhou and Shenzhen in South China’s Guangdong Province. The technology will reduce the time it takes to carry out identification checks and …

China approves two new IPOs

People pass by the office building of China Securities Regulatory Commission in Beijing. Photo: VCG   China’s top securities watchdog has approved the initial public offering (IPO) applications of two companies. The two companies are China-Singapore Suzhou Industrial Park Development Group Co., Ltd., and Hubei Heyuan Gas Co., Ltd. Their underwriters will confirm IPO dates …

Chinese firm to help build artificial intelligence infrastructure in Ethiopia

A staff member (R) demonstrates 5G-based remote control of a robot during the 2019 World Artificial Intelligence Conference (WAIC) in east China’s Shanghai, Aug. 29, 2019. (Xinhua/Liang Xu) A Chinese firm has signed a Memorandum of Understanding (MoU) with Ethiopia authorities on establishing a National Artificial Intelligence Infrastructure (NAIF) in Ethiopia, reported state media outlet …