99% of IT work being done from home: Hexaware; Revenue slows

Hexaware, the Mumbai-based mid-size IT services company, reported a rare instance of a slip in its quarterly growth rate amid the Coronavirus lockdown, and said 99% of its IT-related work is now being done by employees from their homes. The quantum of work being done from home is remarkably high for Hexaware, as, in most […]

Center wants states to include e-commerce, IT-BPO in essential services

Ministry of Electronics and Information Technology, Government of India, has requested all state governments to include IT and BPO employees, as well as e-commerce, in their list of essential services. Several state governments, including Maharashtra, Kerala, Tamil Nadu and Andhra Pradesh, have announced strict curbs on the movement of people and the functioning of shops […]

TCS expands engagement with Posten Norge

IT and outsourcing firm Tata Consultancy Services said it has expanded its engagement with Nordic logistics group Posten Norge to develop a more advanced digital solution. Posten Norge is already a TCS customer from 2013, and the new terms come in the wake of increased deployment of automation software in industries to cut down on […]

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 […]

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 […]

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 […]

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, […]

Wipro opens IoT research centre in Kochi campus

IT major Wipro Limited has launched a Industrial Internet of Things (IIoT) centre in Kochi, its third, after Mountain View and Bangalore. Industrial Internet of Things refers to the concept of extending internet connectivity beyond conventional computing platforms such as personal computers and mobile phones into various non-internet enabled physical devices. Embedded with electronics, internet […]

Aurionpro reports strong jump in profit as revenues rise

Mumbai-based software developer Aurionpro Solutions reported a sharp increase in profits for the Oct-Dec quarter, aided by a 22% jump in its revenue. The compay, which makes software for the financial sector, infrastructure projects and cyber security, reported a 44% increase in net profit for Oct-Dec to Rs 15.5 crores. Revenue jumped to Rs 115 […]

Infosys to create 1,200 digital tech jobs in Australia

Infosys, the Bangalore-based technology company, announced it would create 1,200 jobs in Australia and open three new ‘innovation hubs’ by 2020. The company said 40% of the jobs will be filled with Australian university graduates from areas like computer science and design. This is part of the company’s efforts to broad-base its workforce by opening […]

MCA orders inspection into Vakrangee’s accounts

Vakrangee Ltd, the Mumbai-based technology and distribution company, said the ministry of corporate affairs of India has ordered an inspection of its accounts for three years, and that PricewaterHouse will step down as the company auditor as part of the exercise. The inspection will be carried out under section 206 of the Companies Act. The […]

Infosys doubles investment in startup TidalScale to $3 mln

Outsourced services provider Infosys said it has made yet another investment of $1.5 mln in start-up software company TidalScale, taking the total to $3 mln. TidalScale creates software that helps ‘merge’ multiple servers (or powerful computers) into a giant and super-powerful unit. Traditionally, the need for more power has been met by ‘clustering’ servers together. […]

TCS to change campus hiring program from this year; make it ‘agile’

Tata Consultancy Services, the country’s largest private sector employer, said it plans to make some changes to its methodology used to hire fresh graduates from campuses from this year. Speaking to BTVI, HR head Ajoyendra Mukherjee said campus hiring for the next financial year (2019-20) will start in August or September. “More and more, even […]

Infosys CEO Salil Parekh dismisses growth concerns

Infosys CEO Salil Parekh reassured investors that the IT services behemoth was not facing a growth crisis because of the replacement of traditional sourcing models with digital services. He said new age services — such as analytics, marketing, digital product design, digital system integration, cloud migration and cyber security were already at a huge size, […]

WhatsApp starts rolling out ‘verified accounts’ with IndusInd Bank

WhatsApp, the biggest interpersonal text-messaging platform in India, has started rolling out its ‘verified accounts’ feature with IndusInd Bank as one of its first customers. For now, verified accounts are limited to businesses, and will be used to assure customers that they are communicating with the official, and authorized, phone number of a business or […]

PNB revamps SWIFT system, to deploy Infosys’ Finacle 10 software

Punjab National Bank, in the eye of a storm after a couple of employees issued unauthorized credit guarantees worth $2 bln to clients, said it has put in place procedural and technological changes required to prevent a repeat of the incident. Two key technical changes being implemented are a revamp of the way the bank […]

Tata Communications joins Oracle’s ‘FastConnect’ network

Enterprises using Tata Communications as their connectivity provider will now be able to send their traffic to Oracle cloud services privately without using the Internet. This is possible after the Indian network provider added support for Oracle’s FastConnect feature. FastConnect was earlier universally available only if you used connectivity from players like AT&T, British Telecom […]

Boosted by Jio’s success, Mukesh Ambani unveils his future plans

Mukesh Ambani, India’s richest man, said telecom was the first of his big bet, and he will now use his resources to solve problems in three other difficult areas — agriculture, education and healthcare. Speaking at the HT Leadership Summit, Ambani said his primary motivation was not to make money. “Money has never meant much […]