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Software major Wipro said it had agreed to pay a civil penalty worth $5 million to the US Securities and Exchange Commission (SEC) to resolve a six-year investigation on account of embezzlement of funds by an employee. “Wipro’s decision to…
Read More Wipro To Pay $5 Mn To Close Six-Year-Old US Securities Probe
As 2016 winds down and we enter holiday mode, it's time to start thinking of the 2017 work year. Here's why you need to use your down time to put plans into place to upskill your employees and stay ahead…
IT industry's representative body, National Association of Software and Services Companies (Nasscom), is exploring hosting its first IT industry event in the United States even as the sector combats the market slowdown. "This is clearly a reaction to Trump. But,…
Read More To Combat Market Slowdown, Nasscom Plans A US IT Show
To become digital in a true sense, Indian enterprises have to work on information technology (IT), workforce and security together to solve the big jigsaw puzzle and stay ahead in the coming cashless era, a top Dell-EMC executive has emphasised.…
Read More IT, Workforce, Security Transformation To Herald True Digital Era: Dell-EMC
Ravi Bhaskaran, Twitter’s Platform Partnerships Head, South Asia, quit his position on Wednesday. According to Greyhound Research, the digital advertising market in India is currently worth around Rs 7,000 crore – 75% of which lies with Google and Facebook. Twitter,…
Read More Twitter Exodus Continues As Platform Partnerships Of South Asia Quits
Will Amazon’s newly-launched SVOD platform Prime Video spell a turf war? Over-the-top players and market analyst note that content, pricing and ease of payment will be a key strategic area for consumers to shift preferences. India’s OTT market already has…
Read More Streaming Movies Space Sizzles With Amazon’s Entry
Nokia plans to launch an incubator to engage start-ups that can develop solutions for smart cities and IoT. However, analysts believe that the going will be tough. According to Sanchit Vir Gogia, Chief Analyst and CEO at Greyhound Research, for companies like…
The global battle between Netflix and Amazon for a larger share of TV and movie viewership is all set to play out in India. Eleven months after Netflix launched its services in India, e-commerce giant Amazon has now launched its…
Read More On A Screen Near You: The Amazon Versus Netflix Battle
Satyam Bansal, Chief of Staff for Executive Chairman and co-founder of Flipkart Sachin Bansal exits Flipkart after a three year stint to join Hotstar, an online video streaming platform, as its Senior Vice President – Partnerships & Distribution, in Mumbai.…
Infosys chief executive Vishal Sikka says he would look at building the company’s artificial intelligence (AI) offerings as a standalone business, independent of the traditional services, to help build next generation applications for its customers. “It makes sense to have…
Read More Infosys Steps Up Push For AI Business, Says Vishal Sikka
After facing a poor run of its private-label initiative earlier, the country’s leading e-commerce player, Flipkart, is making a second attempt at launching them across several categories, in a major push for higher revenues. Sanchit Vir Gogia, Chief Analyst and…
Read More Flipkart Tries Its Luck With Private Labels The Second Time
Handset and electronics business, one of the sectors worst hit by demonetisation, are looking at the government for relief. “The electronics market moves from quarter to quarter. If the situation remains the same, then stocks of products will keep piling…
今年 7 月份印度政府决定放宽该国的海外直接投资（FDI）标准相关的限制，以便于特定地区的外国公司在印度国内建立运营业务，包括建立单一品牌的零售店在内。这就意味着苹果公司可以在印度国内无障碍地开设自己的零售店了。当地果粉听闻这条消息时应该是很高兴的。 今年库克曾经到访印度，不过 Greyhound Research 首席分析师 Sanchit Vir Gogia 认为：“有时候是我们过度解读库克的印度之行了。我认为他到访印度不过是想证明，从长期发展来看，他对印度很感兴趣，而短期的话他们则只是和 Reliance 等公司达成合作伙伴关系。” Source: BJweekly.com | Tech.HK.DailyEconomic.com | Feng.com | ITbear.com | Mini.eastday.com | Dongcoder.com | Zuiainvren.com | 7y7.com | ITchinairn.com | Mobile163.com | nkxyzc.com | digi163.com | m.cnbeta.com | macgg.com | myzaker.com | ITdadao.com | tech.huanqiu.com | Mt.Sohu.com | TheCover.cn | News.IPAdown.com | Diyiredian.com | News.Tongbu.com
India’s wait for its first Apple-owned store is not going to end soon. In June, the Narendra Modi government had paved the way for Apple to open direct stores in the country—almost a decade after iPhones first started selling here.…
Read More So When Is That Elusive Apple Store Coming To India?
India’s software exporters seem to be the new incumbents in the global technology outsourcing space. In the next two years, clients such as BNP Paribas, Procter & Gamble, Johnson & Johnson, Citigroup and DuPont will look at their existing contracts…
Read More Indian IT Firms Face Uphill Task For New Contracts Up For Rebid
India's large outsourcing firms may be hesitant to give a verdict on policies of President-Elect Donald Trump when he gets into office, thanks to his anti-immigration and anti-outsourcing rhetoric that helped him win elections. But Gopi Natarajan, chief executive of…
Read More Omega Healthcare Bets On Trump Presidency To Bring Growth, Offshoring
SAP has launched new technology solution for corporates, which gives analytical information to C-suite executives that can help make decisions in real time. Taking the help of Amazon’s Alexa, a voice service that helps humans interact with machines, the solution…
Read More SAP Launches Solution To Help Firms Make Real-Time Decisions
Late on the evening of November 8, 10 executives at Tata Consultancy Services got on a conference call to discuss how to ensure that their banking customers will be able to comply with Prime Minister Narendra Modi’s demonetisation announcement. “No…
India’s most valued internet company has been devalued—yet again. In one of the most drastic markdowns for Flipkart so far, one of its investors, a mutual fund managed by Morgan Stanley, slashed the Bengaluru-based e-commerce major’s value to just $5.54…
On July 12, a day after joining Facebook, Umang Bedi met Sanjiv Mehta, chairman of Hindustan Unilever (HUL). HUL is the highest spender in advertising, in India, and Facebook lives on advertising dollars. As the new managing director of the California-headquartered…
Allowing video calls on WhatsApp, which is otherwise a simple messaging app owned by Facebook, was the last big feature launched before it starts making money. Knowing the phone number and device of use is enough, says Sanchit Vir Gogia,…
While it may not be one of those typical posh offices in Manhattan’s Park Avenue, the office of Wyde.com is nonetheless upscale for a small technology business. At building No. 460, Rajesh Makhija, CEO of the $50-million software product SMB,…
Read More Wyde Pitches For The Trillion-Dollar Insurance Market
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…
Read More Tata Elxsi Plans To Drive Growth Through Acquisitions
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…
Reliance Industries is gearing up to enter the software services business and plans to take on India's IT giants, as the energy-to-telecom conglomerate taps the growing potential of the industrial internet. "If Jio is providing the connectivity and Reliance is…
Read More Reliance Plans To Take On India’s IT Giants With Its Software Biz Foray
Last week, the world’s most used instant messaging service WhatsApp added a new feature to its already popular platform. The Facebook-owned company launched a video calling facility which allows users to see others while talking. Just a few months earlier…
Hike Messenger, the Indian instant messaging app, on Thursday launched Hike Stories that allow you to upload pictures and videos, and decorate them, but which would vanish in the next 48 hours. Hike Messenger, that has features similar to Facebook…
Read More With Hike Stories, Mittal Aims To Stop Fall In Weekday Traffic
The government’s demonetisation of ₹500 and ₹1,000 currency notes has led to the meteoric rise of Paytm, India’s largest digital wallet and payment company. “When the cash is back, it will be a challenge. We will have to see how…
Read More Grocers Suffer As Wholesalers, Distributors Still Not On Paytm
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…
Read More Infosys Invests Rs 14.5 Crore In Danish Artificial Intelligence Start-up
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’…
Read More Demonetisation: How Infoscions Are Coping With Change
