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 […]

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 Gallagher offers new version of loan origination platform

Financial software provider Wipro Gallagher, a unit of Wipro Ltd, launched the latest version of its loan origination software, NetOxygen. The new version offers more control to lenders and better streamlining, the Indian company said. Version 6.0 also offers a web-based dashboard, designed to provide updates on the loan status. The new version also aims […]

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 […]

TCS expands platform deal with UK insurer Phoenix Group

Tata Consultancy Services (TCS) said it will deploy an enhanced policy management solution for Phoenix Group, Europe’s largest life and pensions consolidator and a TCS client of 12 years. The move will not only give more advanced features for Phoenix Group, but also increase the number of Phoenix policies managed using TCS’s BaNCS platform to 5.5 […]

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. […]

How WhatsApp can easily fix the Fake News problem

WhatsApp, India’s largest communication platform used by an estimated 65% of the country’s online population, has come under scrutiny for providing a conduit to distribute ‘fake news’ after multiple cases of lynchings came to light. While the company has urged ‘society and companies’ to help tackle the menace, the messaging application has some more to […]

Reliance Jio offers ‘play along’ features for TV broadcasters in India

Reliance Jio Infocomm Ltd said it has tied up with Israel-based Screenz to offer interactivity and ‘play along’ features for television programs in India. With the help of the offering, television channels can keep their viewers engaged on a realtime basis using smartphone apps. Jio has already deployed the concept for the quiz show Kaun […]

Ramco wins HR software deal for 3,000 employees of Ranhill Holdings Berhad

Ramco Systems said it won a deal to provide HR software to manage over 3,000 employees of Malaysia-based Ranhill Holdings Berhad in five entities. Financial details were not revealed. The Indian company said it “beat local and international vendors to secure the deal.” Ranhill Holdings is a Malaysian conglomerate with interest in the environment and […]

Infosys launches inter-bank blockchain network

Infosys said it launched Finacle Trade Connect, a network-based system of distributed record keeping for banks based on the block chain technology. A blockchain-based record is open to all participants and all participants have a copy of all the data. Moreover, all transactions are recorded on a real-time basis on every copy of data. In […]

Ramco Systems wins multi-million dollar ERP deal from Philippines

Cloud-based software vendor Ramco Systems’ said it won a multi-million dollar order from Philippines-based logistics and money transfer company LBC Express, a year after getting its first order from the company. The first order was to deploy a cloud-based HR management system, while the latest order is in the nature of ERP deployment to manage […]

Google Assistant launches support for third-party apps in India

Google has activated support for third-party apps in its Google Assistant product in India. Before this, it was not possible for third-party apps to be launched or accessed via Google Assistant in India. Google Assistant is the company’s artificial intelligence-based mobile phone search and assistance app similar to Siri from Apple. To enable the new […]

Google’s AWS rival cloud services come to India

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, the closest location was Singapore. Google offers various services, such as virtual servers, […]

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

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 14 countries on a unified platform. It will cover 8500+ employees across Asia […]

Paypal to invest in and support five more Indian start-ups

Online payment company PayPal has selected five startups – Finbox, Neoeyed, Paymatrix, Scalend and Tybo – for inclusion into its incubator program in Chennai. The program offers startups technology counsel and mentorship, infrastructure support and networking opportunities with both investors and customers. In addition to these, PayPal will also be picking up a stake in […]

Wipro to develop on Red Hat’s OpenShift container platform

IT services company Wipro Ltd said it would collaborate with commercial Linux maker Red Hat to set up what it called a “cloud application factory” to offer developers a platform to modernize cloud applications. “Wipro’s cloud application factory will have a dedicated services team that can help drive the strategy, design, and delivery of next […]

TCS to create apps on Siemen’s IoT platform MindSphere

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 between a smart electricity meter at the customer’s home and a billing computer […]

Tata Elxsi signs up top-5 global automaker for driverless car design

Tata Elxsi, the Tata Group’s design and technology services company, said one of the top five carmakers in the world has licensed its driverless car software for use as part of its research and development in this direction. Further details of the deal were not disclosed. “We are delighted with this latest win for AUTONOMAI […]

Reliance Jio Prime registrations run into server hassles

Reliance Jio’s much anticipated ‘Prime Recharge’ has created consternation on day 1 as the company faced an unexpected rush of users eager to seize the offer. Many users are facing problems activating the offer and have taken to social media with their complaints. The offer, which needs to be availed before the end of this month, […]