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Wipro buys InfoSERVER, a Brazilian IT outsourcing company

Weeks after acquiring Appirio, Wipro is at it again. This time, it is buying InfoSERVER, an IT services provider focused on the Brazilian market, for $8.7 Mn (Rs 60 cr). Two-decade old InfoSERVER provides custom application development and software deployment services, the company said. It counts some of the largest

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Tech Mahindra opens robotics, AI and digital services center in Dublin

IT services provider Tech Mahindra opened a new facility in Dublin, Ireland to focus on emerging technologies such as Robotics and Automation, Business Analytics, Cloud Infrastructure and Digital Services.The new centre would employ around 150 engineers over the next three years and will help the company deliver technology services to

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TRUMP THREAT: TCS not worried, says we’re not the villains

Tata Consultancy Services, the largest Indian-owned outsourcing company, said it is able to manage with 75% less new visas this year as it has changed its business and recruitment models in recent years. It also said that outsourcing was key to protecting US jobs, and is not the villain as

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N Ganapathy Subramaniam appointed new TCS COO

Tata Consultancy Services said it made two appointments in the wake of the departure of Chief Executive officer N Chandrasekaran: N. Ganapathy Subramaniam, elder brother of outgoing CEO Chandrasekaran, has been appointed as the chief operating officer, and former chief financial officer Rajesh Gopinathan has been elevated to the position of

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Ramco Systems wins first client in US logistics market

US-based G&D Integrated has decided to implement Ramco Systems' logistics suite, the Chennai-based provider of cloud software said.The Illinois-based logistics provider has 1,000 employees at over 20 facilities across North America and represents the first logistics client for the company in the US.Ramco Systems will implement its comprehensive Logistics ERP

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Ramco Systems wins big deal from Panasonic Malaysia

Ramco Systems, the Chennai-based cloud services provider, has inked a "multi-million-dollar deal" with Panasonic Group of companies in Malaysia to digitize HR and Payroll operations for its nearly 20,000 employees.The contract marks a major win for the company. Typically, cloud contracts tend to be small sized affairs, but the Panasonic

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PayTM hit by Rs 6.15 lakh fraud

PayTM, India's largest wallet company, has been cheated to the extent over Rs 6.15 lakh by 48 customers claiming illegal refunds for goods they already received.A case has been registered with the Central Bureau of Investigation, which is currently looking into the matter.Besides PayTM, others such as Freecharge and MobiKwik

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Cyberinc to launch malware isolation product in India

Cyberinc, an Aurionpro solutions company, said it will launch a malware isolation product ‘Isla’ in India on December 1st.“Cyberinc's Isla web malware isolation system protects organizations from the most advanced web borne threats by isolating all web content outside the network perimeter,” said the company.“This approach will help eliminate the

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Infosys invests Rs 14.5 cr in Danish artificial intelligence startup UNSILO

Technology services provider Infosys said it made an investment of 14.92 mln Danish kroners in Danish startup UNSILO from its innovation fund.UNSILO is a Danish artificial intelligence startup founded in 2012 and focus on advanced text analysis.It uses a combination of machine-learning and natural language processing to analyze large

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Ramco Systems wins Rs 53 cr contract from German logistics company

Ramco Systems Ltd. said it secured a 7.3 million euro order from Schenker AG for implementing its Ramco HCM & Payroll software.Schenker AG is a German logistics company and a subsidiary of Deutsche Bahn, the German railway company.DB Logistics offers land, sea, and air transport and contract logistics. Rail transport

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CASH CRUNCH: Freecharge signs up new merchant every 30 seconds

Snapdeal-owned Freecharge said it is now signing up a new merchant every 30 seconds, possibly a result of the cash-related problems faced by consumers and businesses alike.The company had recently removed sign up charges for merchants and waived fund transfer charges as well. It also offered quick sign-ups as well."This

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Infosys invests TidalScale, provider of simple supercomputing software

Technology provider Infosys said it made investment in TidalScale, a provider of software-defined server.No details about the financial aspects of the investment were made public.TidalScale's offering, in many ways, is the opposite of virtualization. While virtualization allows you to split a single hardware-based server into several virtual servers, the software-defined

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Mobikwik, Freecharge start wallet on delivery services

As the e-commercial sector is facing issues with the money demonetization, the E- payment platform MobiKwik and Freecharge have forward with methods that can be helpful for the e- tailers.Mobikwik said it will offer ‘MobiKwik on delivery’ option for e-tailers to replace ‘Cash on Delivery’ and overcome the challenges being

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