Tata Communications buys Dutch IoT specialist Teleena

Tata Communications buys Dutch IoT specialist Teleena

2018-10-03T12:53:12+00:00 On

Tata Communications, the wholesale communication arm of the Tata Group, said it has agreed to buy Teleena, a Netherlands-based Internet of Things (IoT) connectivity specialist and mobile virtual network enabler (MVNE). The company was already the single largest shareholder in Teleena with a…

TCS, Fortive expand partnership to IoT solutions

TCS, Fortive expand partnership to IoT solutions

2018-09-28T16:59:16+00:00 On

Outsourcing services provider Tata Consultancy Services and instrumentation and industrial automation company Fortive Corp said they would work together to develop Internet-of-Things-based solutions. TCS is already Fortive’s outsourcing partner. Fortive provides solutions in the fields of instrumentation, transportation, sensing, product realization, automation…

Parag Milk Foods lauds higher export subsidy for milk products

Parag Milk Foods lauds higher export subsidy for milk products

2018-09-28T13:37:08+00:00 On

Parag Milk Foods said the government’s move to increase subsidy on the export of milk and milk products will help the company’s exports. The Government of India has increased the export subsidy benefit on milk & milk products from 10% to 20%…

Union Bank starts insolvency proceedings against Rolta India

Union Bank starts insolvency proceedings against Rolta India

2018-09-28T13:36:54+00:00 On

Rolta India, a provider of geospatial and IT solutions to government and non-government organizations in India, said it received a notice informing it that Union Bank of India has started insolvency proceedings against the company. The proceedings have been started in the…

Air India approves redevelopment of staff colony in Delhi

Air India approves redevelopment of staff colony in Delhi

2018-09-28T13:36:03+00:00 On

NBCC India, a state-owned construction company, said it has been given ‘in principle’ approval by Air India to redevelop the airline’s staff quarters in Delhi. The permission has been given to redevelop two plots of lands — a 30-acre plot in Vasant…

Hero MotoCorp to raise prices of bikes and scooters from next month

Hero MotoCorp to raise prices of bikes and scooters from next month

2018-09-28T13:35:30+00:00 On

Hero MotoCorp, the world’s largest two-wheeler manufacturer, said it will increase the price of its two-wheelers from October 3. The prices of its motorcycles and scooters could go up by up to Rs 900 per unit. “The revision has been necessitated by…

HCL manages to hold on to Anglo American as co shifts to the Cloud

HCL manages to hold on to Anglo American as co shifts to the Cloud

2018-09-28T13:20:02+00:00 On

HCL Technologies, one of India’s top five IT services companies, said Anglo American, owner of De Beers diamond brand, has retained its services for another five years even as the mining company seeks to cut costs by leveraging cloud and digital technologies….