Muthoot Group offers online Will generation facility under tie-up with WillJini

The Muthoot Group said its broking and wealth management division, Muthoot Securities Limited, launched iWill — a service which offers online will writing in just 30 minutes. Muthoot Securities has launched this product in association with WillJini Succession Services Private Limited. “iWill enables customers using a smart phone to make a will online in just […]

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 risk of drive-by-downloads, […]

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 server helps combined […]

Mindtree opens new Salesforce facility in Germany

IT services provider Mindtree said it launched a new salesforce facility in Munich, Germany. This salesforce centre of excellence is anchored by Magnet 360, a salesforce partner and wholly-owned subsidiary of Mindtree. Salesforce is the world’s leading pureplay cloud player and offers software such as those used for customer relationship management. “Mindtree and Magnet 360 will […]

Zensar wins Oracle deal from US catalog retailer Full Beauty

IT services provider ZenSar Technologies said it won a contract to implement Oracle Applications Release 12 to tranform the financial and procurement processes of e-commerce and catalog retailer Full Beauty Brands . FullBeauty Brands is a leading American plus-size women’s and men’s apparel and home goods company having eight proprietary brands. The key objective of […]

Cognizant cuts FY growth guidance to 8.5%-9.0% from 8.5%-9.5%

Cognizant, the low-margin, high-growth IT services company, seems to also have fallen prey to the ongoing slowness in the IT outsourcing sector. The company reported revenue growth of just 2.5% — less than that of Infosys — for the third quarter of this calendar year. Infosys had reported a growth of 3.5% in dollar terms, […]

Wipro joins the Open Banking bandwagon, releases new platform

Wipro Limited launched its offerings that use Open Banking API technological platform. Open Banking platform is a Europe-based standard that lets third party developers build applications and services that tap into a bank’s core services and infrastructure. For example, one can build a billing or ticket booking or payment service that can then ‘talk’ to […]

Yes Bank unveils Aadhaar-powered billing machine for small companies

Yes Bank has introduced a new billing machine for small businesses tying together Card & UPI payments, Aadhaar E-KYC and Aadhaar E-signing on a ready-to-use basis. This will help small and medium businesses to do their billing and accept payments and also disburse small loans completely electronically at any time to participating merchants, said the […]

Cognizant to help transform Future Group’s consumer business

Cognizant said that it has entered into a partnership with Future Group, an Indian multi-brand retailer, to transform its consumer goods business, Future Consumer Limited (FCL), into a connected enterprise. “In an era where data, insights and supply chain intelligence are crucial ingredients for turning success into market leadership, Cognizant’s technology, business process, platform and […]

L&T partners with Microsoft to set up “Green Campuses”

L&T Technology Services, the information technology company of the L&T group, said it has partnered with Microsoft Corporation to offer a solution to lower energy bills and cost of maintenance. L&T Technology Service’s Integrated Building Energy Management Systems (iBEMS) framework will be available on Microsoft’s Azure cloud platform enabling enterprises to deploy and manage energy […]

Hexaware Technologies opens new operations center in Bucharest

Hexaware Technologies Limited, a BPO and Digital services provider, said it has expanded its delivery presence in the European region by opening of its latest Global Delivery Centre in Bucharest, Romania. The Bucharest Global Delivery centre is situated in a prime location and in close proximity to several key clients within the European region, said […]

iGTB launches cloud version of its banking software

Financial service provider Intellect iGTB, formerly part of Polaris, said its banking solution has been launched on the cloud using the software-as-a-service model. Software as a Service is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. It is sometimes referred to as “on-demand software” […]

NIIT to offer embedded courses in University of Danang, Vietnam

Training provider NIIT said it tied up with the University of Danang in Central Vietnam to embed its training programs in the University. Students may undergo a four-year bachelor degree program or a three-year associate degree program in information technology. University system will continue to teach the subjects such as language, science etc. to obtain […]

NIIT acquires Bangalore-based Perceptron’s business

NIIT, an Indian multinational company in skills and talent development, said it has acquired the business of Bangalore-based start-up Perceptron Learning Solutions Pvt Ltd. Established in 2014, Perceptron focuses on developing learning platforms that combine deep analytics and semantic computing to ensure better learning outcomes. “Taking forward NIIT’s thrust on digital transformation in the EdTech […]

LatestOne.com tries the wholesale model to compete against Flipkart & Amazon

Palred Online Technology said its wholesale ecommerce platform under the LatestOne.com platform has got off to a successful start. The platform — which aims to supply equipment sourced from China and other countries directly to shops, distributors and retailers — is processing 4,000 orders per day, the company said. The wholesale operation was started about a […]

NIIT to train Chinese students in big data and analytics via new center

NIIT, an Indian multinational company in skills and talent development, launched its flagship training centre at Tongren Polytechnic College in China to develop next generation IT professionals in the field of big-data and analytics. Earlier in April 2016, NIIT entered into a strategic agreement with Guizhou province to help the provincial government build global quality […]

HDFC ERGO setups community portal for insurance information seekers

HDFC ERGO General Insurance Company launched a web enabled HDFC ERGO Community portal for the consumers and the stakeholders of general insurance sector. The website has been modeled after tech forums, and is supposed to “serve as a channel for its users to research, get advice, discuss and share their experiences and knowledge on non-life […]

Wipro to sell its cloud service via Oracle platform

Wipro Limited, an India-based information technology, consulting and business process services company, said it had joined Oracle’s Cloud Managed Service Provider (MSP) Program. Wipro’s Boundary Less Data Center offering has been integrated with Oracle’s twin cloud offerings — Infrastructure as a Service and Platform as a Service. ‘Cloud’ refers to the practice of leveraging the […]

L&T Infotech, Oracle to offer joint solutions for manufacturing and construction sector

L&T Infotech said it will develop and market solutions based on the Oracle’s Internet of Things (IoT) cloud service. The companies will work together on cloud solutions to help manufacturing, utilities and construction companies digitize business processes and improve operational efficiencies. L&T provides comprehensive Oracle solutions and applications encompassing smart sensors, connected assets, real-time visualization and […]

Reliance Jio: 15-minute SIM activation now available in most cities

Ten days after Mukesh Ambani, chairman of Reliance Jio, promised to roll out a superfast activation procedure for new SIMs within “2-4 weeks”, the facility is now available in several small towns, suggesting that the company may be running ahead of schedule on its e-KYC roll-out. The new system has been rolled out with the […]