Cyient Q1 net profit up 9.7%

Vignesh Ananthraj

Hyderabad-based engineering, manufacturing and data analytics technology solutions company Cyient reported a 9.7% increase in ....

18 July, 2019

Droom launches Eco Lab to leverage frontier technologies for marketplace

Tanmay Tiwary

Gurugram-based Droom Technology Private Limited, which runs a marketplace for new and used vehicles, has launched Eco Lab, an ....

18 July, 2019
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Facebook, T-Hub shortlist 10 AI-focused startups for accelerator programme

Om Athavale

Social media behemoth Facebook Inc and the Telangana government-backed startup facilitator T-Hub announced the second edition ....

18 July, 2019

Sachin Bansal in talks to buy Essel MF; Netflix to offer mobile-only subscription for Indian users

Tanmay Tiwary

Flipkart co-founder Sachin Bansal is planning a fintech foray. Netflix is planning a mobile-only service for India. Yoga startup ....

18 July, 2019

More maturity needed within enterprises about AI in India: Huma Abidi, Intel Corp

Anirban Ghoshal

Chip maker Intel Corporation is lining up a major push for its AI (artificial intelligence) enabled chips in India buoyed by the ....

18 July, 2019

Infosys subsidiary EdgeVerve launches cloud-based RPA solution

Anand J

Bengaluru-based information technology  major Infosys' cloud-based products subsidiary EdgeVerve announced the launch ....

18 July, 2019
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Wipro Q1 profit up 12.5% on digital push

Anirban Ghoshal

Bengaluru-based IT services provider Wipro reported a 12.58% rise in net profit for its first quarter ended June 30, 2019, buoyed ....

17 July, 2019

Mindtree Q1 profits decline more than 40%, revenues clock 11% growth

Vignesh Ananthraj

Bengaluru-based software services firm Mindtree Ltd reported a more than 40% drop in net profits for the quarter ended June 30, ....

17 July, 2019

Druva buys Silicon Valley startup CloudLanes to boost IP-based capabilities

Om Athavale

Sunnyvale, California headquartered cloud data protection firm Druva Inc on Tuesday announced the acquisition of CloudLanes Inc, ....

17 July, 2019

8 lakh Indian engineers trained in emerging technologies: Nasscom

Anirban Ghoshal

National Association of Software and Services Companies (Nasscom), the software services industry lobby, said today that it had ....

17 July, 2019
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Sequoia-backed data analytics startup Near raises $100 mn

Vijayakumar Pitchiah

Singapore-based data analytics startup Near has raised $100 million (Rs 688.39 crore at current exchange rates) from  London-based ....

17 July, 2019

L&T Infotech to acquire AI&ML firm Lymbyc Solutions for Rs 38 crore

Anirban Ghoshal

Just after closing a hostile takeover of mid-tier IT services firm Mindtree, engineering conglomerate Larsen & Toubro (L&T), ....

17 July, 2019

Wipro chairman Premji sees accelerated investments in digital, cloud & cybersecurity

Anand J

Wipro chairman Azim Premji said the Bengaluru-based information technology services major was making significant investments  in ....

17 July, 2019

geniSIGHTS, Canada trade body NRICH sign deal for AI solutions

Tanmay Tiwary

Chennai-based analytics company geniSIGHTS has signed a deal with the Canadian trade body NRICH Group to provide artificial intelligence ....

16 July, 2019

Infosys steadies ship on back-to-basics strategy, focus on digital projects

Vignesh Ananthraj & Anand J

The shares of Bengaluru-based Infosys Ltd hit an all-time high of Rs 787 and maintained gains today after the company reported ....

16 July, 2019

Future Group’s tech division partners MoEngage to drive consumer engagement

Om Athavale

Tathastu, the artificial intelligence (AI) and machine learning platform of Kishore Biyani-led Future Group, has picked San Francisco-based ....

16 July, 2019

Former Cisco executive to lead India ops of data analytics platform Qlik

Om Athavale

Ankur Goel has been appointed as the managing director for India by the data analytics platform Qlik Technologies, the company ....

16 July, 2019

Organisations to triple number of Al/ML projects in 3 years: Gartner

Om Athavale

Organisations working with artificial intelligence (AI) or machine learning (ML) have four projects related to AI/ML in place, ....

16 July, 2019

Aishwarya Rai, Techstars back environmental intelligence startup Ambee

Vijayakumar Pitchiah

Bengaluru-based environmental intelligence startup Ambee has raised funds from popular film actor Aishwarya Rai and US-based seed ....

16 July, 2019

Tata Communications adds Microsoft Azure WAN to its cloud platform

Anand J

Mumbai-based Tata Communications, the digital infrastructure arm of Tata Sons, is deepening its existing partnership with Microsoft ....

16 July, 2019

Evalueserve picks Trend Micro for security solutions

Om Athavale

Switzerland-based Evalueserve, a knowledge process outsourcing (KPO) company with operations in India, China, Chile and Romania, ....

15 July, 2019