1. India was the fastest growing market for Dell last year, the first full year since the company went private. The growth was two times faster than in the second fastest growing market. And the growth did not come from a low base. India is Dell's third largest market, after the US and China.
2. HTC and Lenovo announced a round of large-scale layoffs in an attempt to remain profitable amid consolidation in the smartphone market. Tech giants Samsung and Apple have made it particularly difficult for smaller players to generate enough revenue and profit to stay viable, forcing many to streamline their operations.
3. Micromax has expanded its Canvas Selfie range with the launch of two smartphones - Canvas Selfie 2 and Canvas Selfie 3.Canvas Selfie 2 is priced at Rs 5,999, while the price of Canvas Selfie 3 will be revealed closer to the launch of the phone.
4. Global software major Infosys Ltd will offer its flagship Finacle product to service US banks' Verizon cloud platforms."We will offer solutions to US banks and financial institutions through the software-as-a-service (SaaS) model, which is serving 547 million customers worldwide," the city-based bellwether said in a statement on Friday.