HCL Technologies, Deutsche Bank enters into partnership

HCL Technologies and Deutsche Bank have entered into strategic partnership to transform the bank’s global cheque processing operations. Under the terms of the agreement, the company will build a cloud-based digital and fully scalable cheque processing platform for the bank. The new IT-platform is expected to go live in 2019. The new cloud-based IT-platform will … Read more

Wipro collaborates with Check Point Software Technologies

Wipro has partnered with Check Point Software Technologies to deliver advanced cyber security and threat prevention solutions for customers that are investing in cloud infrastructure. The company would deliver Check Point’s advanced and dynamic cloud security solution, CloudGuard IaaS. This strategic worldwide partnership will further accelerate demand for the CloudGuard comprehensive suite of cloud security … Read more

Zensar Technologies launches 3 in 1 insurance module in South Africa

Zensar Technologies has launched 3 in 1 insurance module in South Africa. It is a custom data module designed for the Insurance industry, developed leveraging Salesforce Community Cloud. The module enables a single, centralized 3 in 1 view across consumer, agent and employee data. The portal provides the unique ability to digitally handle every aspect … Read more

Sterlite Technologies bags Rs 1,512 crore MahaNet-I project

Sterlite Technologies has won Rs 1,512 crore MahaNet-I project for the implementation of BharatNet-II in Maharashtra. Maharashtra Information Technology Corporation (MahaIT), a state-led nodal agency, aims to connect approximately 13,000 gram panchayats through the MahaNet-I project. As a leading implementation partner, the company will connect 4,045 gram panchayats across eight districts of Maharashtra, impacting over … Read more

Endurance Technologies to raise funds up to Rs 750 crore

Endurance Technologies has received an approval for issuance of fresh/new equity shares through one or more public or private offerings or combination thereof as may be permitted under applicable law(s), for an amount up to Rs 750 crore. The Board of Directors of the company at its meeting held on November 03, 2018, approved the … Read more

Zensar Technologies wins People Matters L&D Award

Zensar Technologies has been awarded the People Matters L&D Award for ‘Best in Future Tech Skill Building’ during the People Matters L&D Conference 2018 hosted at Grand Hyatt, Mumbai October 23, 2018. The company was selected amongst some of the larger companies across multiple sectors. More than 300 applications were received across categories in this … Read more

HCL Technologies collaborates with Pivotal Software

HCL Technologies (HCL) has collaborated with Pivotal Software, Inc. that combines the unique strengths of two leading cloud visionaries who share a joint vision to transform the way the world builds software. As part of the collaboration, the company will use Pivotal’s software offerings and Platform Acceleration Lab (PAL). PAL is an immersive training experience … Read more

Sasken Technologies joins Enterprise Ethereum Alliance

Sasken Technologies has joined the Enterprise Ethereum Alliance (EEA), the world’s largest open source Blockchain initiative. Sasken has been working on Ethereum to develop solutions and accelerators for several industry use cases such as revenue-sharing solution for multimodal public transportation system, enhancing security of IoT edge network, and asset registry for industrial equipment. Sasken Technologies … Read more

NIIT Technologies’ AdvantageGo launches Exact Max

NIIT Technologies’ AdvantageGo, the commercial insurance and reinsurance product family from the company, has launched Exact Max, its powerful exposure management solution. For the first time ever, reinsurers can swiftly and accurately visualise their entire treaty portfolio of billions of locations in realtime and with high-resolution location data. With insight driven from AdvantageGo’s digital cloud … Read more

Sasken Technologies reports 10% fall in Q2 consolidated net profit

Sasken Technologies has reported results for second quarter ended September 30, 2018. The company has reported a rise of 10.27% in its net profit at Rs 22.01 crore for the quarter under review as compared to Rs 19.96 crore for the same quarter in the previous year. However, total income of the company decreased by … Read more

Tejas Networks bags order worth Rs 111 crore from Sterlite Technologies

Tejas Networks has received a purchase order of Rs 111 crore for Indian Navy’s country wide next generation digital communications network from Sterlite Technologies, a global data network solutions company. As a part of this order, the company will supply its state-of-the-art terabit capacity DWDM systems and high-performance Layer-3 Multi Gigabit Ethernet switches, for this pan-India network. … Read more

Solix Technologies partners with NTT DATA Services

Solix Technologies has entered into partnership with NTT DATA Services, a recognized leader in global technology services, to provide comprehensive, intelligent, data-driven finance and data management solutions. NTT DATA will offer its clients Solix Data-driven Finance solutions: the Solix Common Data Platform (CDP), Emagia Digital Order-to-Cash solutions, and the Salix Enterprise Data Management Suite (EDMS). … Read more

Dixon Technologies commences manufacturing of Mi LED TVs for Xiaomi

Dixon Technologies (India) has commenced manufacturing of Mi LED TVs for Xiaomi. The said manufacturing will take place from Dixon’s state of the Art manufacturing facility located at Tirupati in the state of Andhra Pradesh. Dixon Technologies (India) is the largest home grown design-focused and solutions company engaged in manufacturing products in the consumer durables, … Read more

Optimizing technologies for discovering cancer cell mutations

Cancer cells often have mutations in their DNA that can give scientists clues about how the cancer started or which treatment may be most effective. Finding these mutations can be difficult, but a new method may offer more complete, comprehensive results. A team of researchers has developed a new framework that can combine three existing … Read more

Alankit to invest up to Rs 6.5 crore in Verasys Technologies

Alankit has received an approval for the investments up to Rs 6.5 crore in the form of Equity Shares/Preference Shares/Warrants/Convertible warrants/Debentures etc in Verasys Technologies, a company engaged in IT/ITes. Alankit can acquire up to 55% of equity shares of Verasys Technologies. After acquisition of equity shares of Verasys Technologies exceeding 50%, the company will … Read more