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Microsoft CEO Satya Nadella took the stage in Mumbai and announced a new version of Skype at the Future Decoded conference. This new version of Skype which has been dubbed Skype Lite has been specifically made for India and Microsoft's primary target audience are people who use low or mid range Android smartphones instead of users with high-end iOS and Android smartphones. In the words of Microsoft's Eugene Ho ,  " It is a new version of Skype made for India , developed by the development centre Microsoft has in Hyderabad . " Skype Lite at launch will only be available in India for Android smartphones. Going forward, Microsoft has plans to release the app for iOS and Windows and it will access the response towards the app and accordingly release the app in other markets . " Packed in a 13MB file, the new app is available only for Android devices and is especially designed to save data, " Satya Nadella , Indian-born CEO of Microsof...

Internet of Things (IoT) units in India are expected to see a rapid 31-fold growth to reach 1.9 billion by 2020 , Deloitte predicted on Monday, adding that the market value of IoT is expected to reach $9 billion by 2020 . IoT refers to the devices, other than computers and smartphones, connected to the Internet. Deloitte estimates the current number of such devices in the country to be around 60 million . " With advances in reliability , accuracy and technology of advance tech measures such as biometric authentication , digitization will gain popularity in various business applications, " the company said in a statement. Even with over 750 million cards in circulation and significant growth, mobile-based and digital payments will eclipse physical card payments. By 2020, we believe industries such as utilities , manufacturing , automotive , transportation and logistics are expected to see highest adoption levels of IoT in India. The government...