IT, BPO hiring continues to be strong despite slowdown – Naukri index

New jobs posted on Naukri.com, India’s largest recruitment website, showed an increase of 8% in September compared to the same month last year. However, the headline number was boosted by strong demand for IT and BPO professionals, even as other sectors showed weakness. The biggest declines were shown in the automobile sector, which saw 20% […]

Sterlite Tech acquires UK-based datacenter builder

Sterlite Technologies Ltd said it has acquired UK-based Impact Data Solutions Group at an enterprise value of around 12 million British pounds (Rs 105 cr). Enterprise value includes non-cash costs assumed by the company, including the takeover of any debt that the target company has. The exact cash payout was not revealed, nor was the […]

Kerala to install real-time face detection system in public places

Kerala government has issued a request for proposals from artificial intelligence companies to develop a real-time mass surveillance and facial identification system to be deployed across the state. The surveillance cameras will be connected to powerful computers, and any person whose name has been entered into the system will be detected the minute he or […]

Kerala Electricity Board to offer free fiber internet

Kerala State Electricity Board, the public sector power distribution monopoly that is used by major broadband operators to hang their cables, has decided to start a fiber-to-the-home service on its own. The service, to be called K Fone, will also include a free-tier, which will come with limited data allowance and will be provided to […]

Infosys certified as Managed Service Provider by Google Cloud

Infosys said it has qualified as a ‘managed service provider’ for Google’s cloud computing products. Google gives the title of managed service provider or MSP to those companies who “have shown deep cloud expertise”. “From deep daily engagement across Google Cloud business and technical teams to quarterly business reviews, these partners will have the tools […]

Wipro opens digital products compliance lab in Hyderabad

Outsourcing company Wipro has opened a digital product compliance lab in Hyderabad for automotive, defense, consumer electronics, aerospace, telecom, medical, energy and manufacturing. Wipro said it is now home to the only lab in South East Asia qualified to certify Wi-Fi and Bluetooth devices. Globally, devices have to comply with a variety of emission and […]

Ramco Systems wins deal from Kuwait’s Americana Group

Chennai-based Cloud Computing solutions provider Ramco Systems said it has implemented its HR and payroll solution at Kuwait Food Company (Americana) K.S.C.C., one of the largest food companies in the Middle East. It said the first phase of the project has gone live, involving 9,000 in the UAE. Americana Group was founded in 1964 in […]

Tata Communications launches Internet of Things marketplace

Enterprise connectivity provider Tata Communications announced the launch of an Internet of Things (IoT) market place. The Internet of things (IoT) is the extension of internet connectivity into physical devices and everyday objects. Embedded with electronics, Internet connectivity and other forms of hardware such as sensors, these devices can communicate and interact with others over […]

Vakrangee to distribute ZEE5

IT service management company Vakrangee Limited, one of the main providers of the software equipment for voter id cards and Aadhaar cards, said that it has partnered with mass media firm ZEE Entertainment Enterprises Ltd. (ZEEL), for the “distribution and subscription” of ZEEL’s video on demand platform ZEE5 for its customers in 3,504 Nextgen Vakrangee […]

L&T acquires Rs 7.2 cr worth of Mindtree shares via open market

Infrastructure major Larsen and Toubro said it acquired 73,953 shares of IT firm Mindtree from the open market. The latest purchase comes three days after it acquired 13,443 shares in the IT company. After the latest transaction, L&T’s shareholding in Mindtree stands at 26.53%. The latest stock purchase was made at Rs 979 price per […]

L&T Infotech unit to supply banking software from Temenos

Syncordis SA, a wholly owned subsidiary of technology consulting and digital solutions firm L&T Infotech, said that it has agreed to supply solutions from banking software provider Temenos to its customers. “Through the partnership with Temenos, the company will attain enhanced capabilities to offer a wide range of services across Temenos product portfolio and manage […]

Wipro helps Thailand move towards fully digital economy via blockchain

Wipro Ltd said it has helped deploy a new information technology system to kick off the digitization of the currency in Thailand. The achievement marks a small, but crucial step in what many consider the inevitable evolution of money into a more convenient digital format. DIGITAL PAYMENT vs BLOCKCHAIN At present, digital money is handled […]

Ducon Infratech wins pollution controller order from Exide unit

Information technology firm Ducon Infratechnologies Ltd said it received an order to supply a pollution control system at the greenfield lead metal recycling and refining project of Chloride Metals Ltd, a wholly-owned subsidiary of Exide Industries Ltd and one of India’s largest secondary lead smelter and production company, at Haldia in West Bengal. The pollution […]

Airtel takes aim at Youtube with ‘Wynk Tube’

Bharti Airtel has introduced a competitor to Youtube, which accounts for more than half of India’s mobile internet consumption, with the launch of Wynk Tube — a Youtube like app that will focus more on music and music videos. Unlike Youtube, which does not let its free users switch to an audio only mode, Wynk […]

Nucleus Software Q4 FY 2019 revenue up by 14%, net profit after tax reports slight dip

Banking services and solutions provider Nucleus Software reported a consolidated revenue of Rs 127 crore in the fourth quarter of FY 2019, compared to the Rs 111 crore it generated in the corresponding quarter of the previous year. This is also higher than the Rs 123 crore it posted three months ago and the Rs […]

TeamLease acquires Hyderabad-based IT staffing business

Recruitment firm TeamLease Services Ltd said it entered into an agreement with HR services company E Centric Solutions Private Ltd to acquire its IT staffing business. Incorporated in 2014, Hyderabad-based E Centric currently has over 100 core employees, 880 associates deployed across more than 20 clients. It reported a revenue of over Rs 45 crore […]

Subex ties up with Telefonica for cybersecurity venture

Telecom Analytics Solutions provider Subex Limited said that it has partnered Spanish multinational telecommunications company Telefonica on a new cybersecurity venture focussed on Internet of Things (IoT) security. IoT security refers to safeguarding connected devices and networks in the Internet of Things (IoT). IoT involves adding internet connectivity to devices and machines and animals to […]

TCS wins deal to provide digital infrastructure to UK insurer Ageas

IT firm Tata Consultancy Services (TCS) said it has been selected by one of the largest insurers in the United Kingdom, Ageas UK, to transform its digital infrastructure. Headquartered in Brussels, Ageas is Belgium’s largest insurer and operates in 14 countries worldwide. As per the deal, TCS will help Ageas UK to consolidate data centres, […]