Wipro completes sale of hosted datacenter business to Ensono

Wipro completes sale of hosted datacenter business to Ensono

2018-06-28T17:06:55+00:00 On

Wipro said it has completed the sale of its hosted data center services business for $399 mln as announced three months ago. The business, consisting of Wipro Data Centre and Cloud Services, Inc. (USA), a portion of data center business in Germany…

Infosys CEO Salil Parekh dismisses growth concerns

Infosys CEO Salil Parekh dismisses growth concerns

2018-06-06T15:01:09+00:00 On

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…

WhatsApp starts rolling out ‘verified accounts’ with IndusInd Bank

WhatsApp starts rolling out ‘verified accounts’ with IndusInd Bank

2018-04-03T14:13:51+00:00 On

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…

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

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

2018-03-13T09:47:46+00:00 On

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…

Tata Communications joins Oracle’s ‘FastConnect’ network

Tata Communications joins Oracle’s ‘FastConnect’ network

2018-01-30T14:57:21+00:00 On

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…

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

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

2017-12-01T15:22:26+00:00 On

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…

Google’s AWS rival cloud services come to India

Google’s AWS rival cloud services come to India

2017-11-01T12:37:22+00:00 On

Google has opened its first data center for third-party cloud services in India at Mumbai. This will enable developers to host their applications, websites and other IT projects within India, enabling faster response times for their customers in the country. Before this,…

Ramco wins multi-million managed services deal from British MNC Bank

Ramco wins multi-million managed services deal from British MNC Bank

2017-10-24T10:57:08+00:00 On

Cloud-based enterprise software provider Ramco Systems said it won a multi-million dollar order from a big British MNC financial group to provide managed payroll services. Ramco will help the company, part of the FTSE 100 index, to consolidate its payroll operations in…

Moody’s to train SBI employees to appraise loan applicants

Moody’s to train SBI employees to appraise loan applicants

2017-10-10T16:32:15+00:00 On

State Bank of India, the country’s largest bank, said Moody’s Analytics will train its employees to source, appraise and monitor loans. SBI employees will be granted the Moody’s Analytics Certificate in Commercial Credit (CICC) as part of the program. The program has…

Tata Elxsi to bring Unity gaming platform to enterprise

Tata Elxsi to bring Unity gaming platform to enterprise

2017-10-10T15:29:52+00:00 On

Tata Elxsi, the hardware design company from the Tata stable, has tied up with Unity Technologies to set up a center that will develop solutions based on the Unity visualization engine. The Unity platform is arguably the most widely used engine for…

Nucleus Software wins loan software order from Finova Capital NBFC

Nucleus Software wins loan software order from Finova Capital NBFC

2017-09-28T10:27:32+00:00 On

Nucleus Software, which provides IT solutions for financial services companies, said its loan management solution has been selected by Finova Capital, a Jaipur-based Non-Banking Financial Company (NBFC) to digitise its lending business. Founded in 2015, Finova Capital offers business loans to lower…

Google will create an iPhone rival with Pixel – expert

Google will create an iPhone rival with Pixel – expert

2017-09-21T16:38:56+00:00 On

Google was forced to enter the smartphone hardware business as makers of Android smartphones have largely failed to develop a product that can compete against the iPhone, an industry expert said, adding that the result of union could rival what Apple has…

Wipro wins seven-year deal from European utilities co Innogy

Wipro wins seven-year deal from European utilities co Innogy

2017-09-15T08:24:31+00:00 On

IT services provider Wipro said it has been awarded a seven-year contract by European energy company Innogy SE to manage their data center and cloud services. Wipro will help the company, which focuses on renewables, grid & infrastructure and retail, to rationalize,…

Wipro’s IT to power McLaren’s sports car business

Wipro’s IT to power McLaren’s sports car business

2017-09-14T08:21:05+00:00 On

Bangalore-based Wipro won a high-profile client by signing up McLaren Technology Group, the company behind the successfull McLaren Formula 1 racing team. As part of the multi-year partnership, Wipro will deploy its HOLMES artificial intelligence platform to boost the productivity of McLaren’s…

IT companies using illegal tactics to force workers to resign: FITE

IT companies using illegal tactics to force workers to resign: FITE

2017-07-31T09:20:02+00:00 On

The Forum for IT Employees, arguably the IT workers rights organization with the largest number of well-wishers and supporters, accused IT companies of using illegal and unethical means to force their workers to submit their resignations. In a meeting with Maharashtra Chief…

Wipro opens Artificial Intelligence research facility in Israel University

Wipro opens Artificial Intelligence research facility in Israel University

2017-07-05T09:01:14+00:00 On

IT and outsourcing services provider Wipro said it will use students at Israel’s largest university to jointly conduct research into artificial intelligence. The company inked an agreement with Tel Aviv University, Israel’s largest institution of higher learning which is home to over…

IT woes to bring down real estate rentals in Bangalore, IT hubs

IT woes to bring down real estate rentals in Bangalore, IT hubs

2017-06-26T13:16:41+00:00 On

With IT sector witnessing subdued sentiment amidst pressure on hiring and annual pay rise for employees, the country’s software and services hubs such as Bengaluru, Hyderabad, Chennai, Pune and Noida-Gurgaon in NCR are expected to see 10-20 per cent reduction in the…

TCS to create apps on Siemen’s IoT platform MindSphere

TCS to create apps on Siemen’s IoT platform MindSphere

2017-06-06T17:33:28+00:00 On

Tata Consultancy Services said it will create applications on MindSphere, the cloud-based, open IoT operating system from Siemens. IoT stands for ‘Internet of Things’ and refers to connectivity between two machines over the Internet, with zero human interface. Examples include a connection…