Tata Elxsi Plans To Drive Growth Through Acquisitions

Engineering and industrial design services provider Tata Elxsi, a Tata Group company, plans to buy smaller companies in areas such automotive, media and healthcare, helping it grow business faster. The over Rs1,000 crore company has built capabilities to provide niche…

Salesforce Plans To Add 5 Lakh Jobs In Four Years

With increasing digitisation in India, cloud computing technology provider Salesforce along with its partners plan to add 5 lakh jobs by 2020. New digital technologies can monitor and analyse how equipment runs at a customer site, service providers can offer…

Infosys Invests Rs 14.5 Crore In Danish Artificial Intelligence Start-up

Bangalore-based Infosys on Friday announced that it has invested Rs 14.5 crore (DKK 14,920,000) in a Danish-based artificial intelligence start-up UNSILO. The investment is done through Infosys innovation fund. “Directionally this is a brilliant investment given the fact a lot…

Demonetisation: How Infoscions Are Coping With Change

When Vishal Sikka took over as the first non-founder CEO of Infosys, amongst the half-a-dozen initiatives he undertook there was one that went unnoticed. Employee identification cards were tweaked and a new technology-enabled facility was incorporated into the ‘dog tag’…

Wipro Begins Monetising From Its Intra-preneurship Projects

India's third largest IT firm Wipro has begun offering solutions to customers from entrepreneurial projects of its employees in segments such as corporate treasury and software defined infrastructure. "I will not be surprised if monetization has already happened in Wipro…

Leading With Digital – Why This Transformation Matters For Traditional Orgs and Its CXOs

In today’s time, while leading with Digital is evident, who owns this transformation still remains a bone of contention. This journey needs to be co-owned by those who will be impacted first – the CXOs. Having said that, the starting point…

SoftBank Group Writes Down $555 Million In Ola, Snapdeal Investments

Japan’s SoftBank Group Corp. has written down as much as 58.1 billion yen ($555 million) in two of its biggest investments in India, cab-hailing firm Ola (ANI Technologies Pvt. Ltd) and e-commerce marketplace Snapdeal (Jasper Infotech Pvt. Ltd), the company…

How It Made Itself Indian: The Amazing Rise Of Amazon In The Country

“This is just the beginning… we are building the most customer-centric company based on a large selection, low prices and fast delivery,” says Amit Agarwal, head of Amazon India. “E-commerce is so fast you cannot afford to make too many…

Times Internet Chases $1 Bn In Revenue By 2022

Times Internet Ltd (TIL), the digital business arm of the country’s largest media company Bennett Coleman and Co. Ltd (BCCL), has set an ambitious target of achieving $1 billion in revenue in five years or by March 2022. The company…

Ankur Warikoo Working On A New Script For Nearbuy

An old lady runs through the narrow corridors of a slum, chasing two thieves, who had apparently robbed her bag. Twenty seconds into the chase, the old lady grabs them and hits them on to the ground. The video ends…

FirstCry Acquires BabyOye; Raises $34 Mn

Online baby products retailer FirstCry has agreed to acquire auto-to-software conglomerate Mahindra & Mahindra Ltd’s baby-care business BabyOye in a cash-and-stock deal that will help it consolidate its presence in the growing segment through an omni-channel strategy. Sanchit Vir Gogia,…