Intel has unveiled 40 of its new chips belonging to the Skylake or 6th Generation family. While there many advancements all over, for the price-sensitive customers, the launch gives special reasons to celebrate. FOR DESKTOPS First, the Skylake processors bring 4K UHD display support at a silicon price of just $64 (Rs 4,200). This was […]
The TCS-CMC merger achieved a crucial milestone with the Bombay High Court approving the merger. The court approval virtually completes the legal formalities involved in the deal. CMC has around 11,000 employees, while TCS has over 3 lakh. CMC’s results are already consolidated in TCS’ numbers as it is a subsidiary. CMC shareholders will get […]
More companies gave double digit increments in the first six months of this year compared to the number that had expected to give such increments six months back, according to Naukri Hiring Outlook survey. At an overall level, 68% recruiters gave increments more than 10% in 2015. “The percentage of recruiters who actually doled out […]
Qyk, the fastest growing hyper-local professional services startup in India announced a $1 mn pre-series A investment led by growx ventures, an early stage investment firm. Existing seed investors – Tracxn Labs, Powai Lake Ventures, and Sahil Barua — co-founder, Delhivery — also participated in this round. Qyk’s app offers professionals such as event planners, […]
HCL Technologies, a leading global IT services provider, today announced that it has been appointed as the strategic IT partner to SAI Global. The contract is expected to save SAI Global around $27 million, HCL said. It would imply that the contract is worth a few million dollars, though HCL did not reveal the financial […]
Online seller Flipkart said it has crossed 150 mln (15 cr) product listings on its website and said that 75% of its traffic is now coming via mobile. We have “witnessed a 150% growth in the number of products sold as compared to 2014. From introducing new categories/products to innovative last mile delivery options, the […]
In the tussle with neighboring state Telengana over attracting investments, Andhra Chief Minister Chandrababu Naidu has managed to win a small battle with the decision of Xiaomi to establish its first manufacturing plant in India at Vishakapatnam. Though an official announcement about Xiaomi’s India manufacturing has not been made yet, the company leaves very little […]
Sonata Software said that it has agreed to acquire US-based enterprise mobile specialist Halosys. Based in Santa Clara, California, Halosys is an innovator in providing technology platform and solutions that help enterprises implement mobile solutions for their business. “Halosys provides a single Unified Enterprise Mobile Enablement platform that enables businesses build, secure, manage and deploy […]
Great Online Homes Festival (GOHF), co-organized by Magicbricks, Google and Group M, generated property sales worth Rs 300 cr and more than 500 bookings, organizers said. A total 9 million page views and 4000 coupons were generated, Magicbricks said. Speaking on the occasion, Mr Sudhir Pai – CEO, Magicbricks, said, “The successful conclusion of GOHF […]
NIIT has launched its remote or e-learning service in China, with support for Mandarin. China is one of NIIT’s biggest markets, and Cloud Campus is a solution that enables remote learning. The solution enables students to learn from the best teachers irrespective of their geographical location. They can also get hands-on practice through lab exercises […]
All the mobile web traffic sacrificed by Flipkart seems to be paying off, at least in terms of getting users to install the company’s app. According to Nielsen’s latest survey based on real-time mobile data across 8,000 handsets in the country, Flipkart’s mobile app is present on 35% of all phones checked and was the […]
Tata Consultancy Services said Bank of Bhutan has selected TCS BaNCS for its Core Banking Solution. Bank of Bhutan is the largest commercial bank in the Kingdom of Bhutan with a network of 46 branches, including extension branches, 62 ATMs, a state-of-the-art mobile banking solution and a dedicated Contact Center and is the official bank […]
Open source software has become a critical driver for innovation at leading companies and public-sector organizations around the world, according to a new research report produced by Oxford Economics in partnership with Wipro Limited. The report, The Open Source Era, also shows that open source software is essential to the use of other cutting-edge technologies […]
CouponDunia, which specializes in issuing discount coupons for online retailers, has ventured into the offline space with newspaper coupons. The physical coupons can be redeemed for instant discounts on grocery, homecare and personal care purchases at local supermarkets, it said. “The first edition runs Saturday, July 25, 2015 in mainline newspapers across Mumbai, Delhi and […]
Tech Mahindra Ltd said it will partner with Ontario-based local distribution company, Niagara-on-the-Lake Hydro, San Diego Gas & Electric (SDG&E), SAP Canada and Nissan Canada for developing an Intelligent Electric Vehicle Charging System (IEVCS). This project is sponsored by Canada’s Ministry of Energy and funded in part through the Ontario Smart Grid Fund initiative. Tech […]
A surprisingly weak revenue growth number from Wipro has served as a grim reminder that the problems facing Indian IT have not been overcome, and that this may turn out to be another painful season of quarterly results from Indian IT companies. Wipro first-quarter IT Services revenue grew just 0.2% in constant currency. Indian IT […]
Wipro first-quarter IT Services revenue disappointed with a sequential growth of just 0.2% in constant currency. YoY, constant currency growth was 8.1%. In dollar terms, IT Services Segment Revenue was $1,794.1 million, a sequential increase of 1.1%. The performance is all the more jarring due to a spectacular performance by Infosys just days ago. Infosys […]
The acquisition of Singapore-based Global Services Engineering Asia from Pratt & Whitney (P&W) will strengthens the Indian IT provider’s aftermarket capabilities in the aerospace segment, analysts said. Global Services has been catering to P&W’s MRO (maintenance, repair and overhaul) requirements in the region. Global Services currently has a revenue base of USD10-12mn with EBITDA margin […]
YES BANK, India’s 5th largest private sector Bank, has introduced a service using which any user owning any type of mobile phone with any operator can make mobile payments from anywhere, anytime without internet connectivity in a completely secure manner. For ‘YES PAYMENTS’, the bank has entered into a strategic partnership with TAISYS Technologies. Once […]
Reliance Communications has deployed new Cloud Xchange nodes in Delhi, Mumbai, Chennai, Bangalore and Hyderabad. Cloud Xchange is the company’s cloud computing-cum-delivery solution. It helps in sophisticated delivery and implementation of cloud-computing based solutions, including content delivery. In some ways, it is like Amazon Web Services. At present, Akamai Technologies is a big player in network […]
