Category: Corporate

Wipro announces financial results under IFRS; hired 18,000 people in Q4

Wipro Limited has announced its financial results under International Financial Reporting Standards (IFRS) for the Quarter and Year ended March 31, 2021. The firm reported ₹619.4 billion ($8.5 billion) gross revenue, an increase of 1.5% YoY, for the year ended March 31, 2021. “We have robust hiring plans for freshers and lateral hiring. We have…

Algorand and BridgeTower Capital Announce Strategic Partnership

BridgeTower Capital, a global private equity firm, focusing on traditional private equity investments and blockchain and DeFi markets, has announced a partnership with Algorand. Algorand, the creator of the pure proof-of-stake foundational blockchain, is a blockchain technology company accelerating the convergence of decentralized and traditional finance. BridgeTower will use Algorand’s technology as the underlying blockchain…

Grazitti Interactive Shares Special Bonus with All Employees

Global provider of digital services and SaaS products, Grazitti Interactive has announced a special one-time bonus for all its India employees who have spent a year in the organization as a token of appreciation for their work and commitment during the COVID-19 pandemic. The bonus, equivalent to an employees’ two-week pay, is independent of the…

Mindtree reports revenue growth of 5.2% q-o-q in USD; to hire over 1,800 people

Mindtree, a global technology services and digital transformation company, has announced its consolidated results for the fourth quarter ended March 31, 2021, as approved by its board of directors. “We are proud to deliver another strong quarter, driven by significant traction in our client portfolio globally, leading to revenue growth of 5.2%, EBITDA of 21.9%,…

Cloudalize Announces New Strategic Partnership With Boston Limited

Cloudalize, provider of NVIDIA-powered cloud platform solutions has announced a strategic partnership with Boston Limited to provide an in-house private cloud offering: Private GPU Cloud. Powered by NVIDIA’s graphics-processing unit (GPU) technology, this deployment model delivers Cloudalize’s full-stack cloud to any data centre location of choice. “This partnership brings together the expertise of Boston Limited…

Scalefusion Enters into A Strategic Partnership with VS One World

ProMobi Technologies has announced that Scalefusion, its mobile device management solution has joined hands with VS One World, a value-added distributor for HP. With this partnership, VS One World will be a Distributor of Scalefusion MDM, where Scalefusion Mobile Device Management Solution will be integrated as a bundled solution to VS One World’s end customers.…

Dollar General to Hire Up to 20,000 New Employees through National Hiring Events

Dollar General is planning to hire up to 20,000 new employees this spring and will host in-person and virtual hiring events from April 19 through April 23 to support ongoing efforts across store, distribution, transportation and corporate operations. “As a rapidly-growing company, we are proud to provide individuals with opportunities to start or advance their…

UK firm Babcock cuts 1,000 jobs worldwide

Babcock International Group PLC, a UK based defence engineering firm, is laying off 1,000 employees worldwide. The step is undertaken to reduce its overall operating cost base. A statement made by the Group said, “We are changing our operating model to create a business that is more efficient and effective. We are reducing layers of…

Infosys to hire over 25,000 freshers in FY22

Infosys, a provider of next-generation digital and consulting services, is aiming to hire over 25,000 freshers in the ongoing financial year. The company is also planning to give out salary hikes from the month of July. The attrition rate at the end of the March quarter was reported at 15.2 per cent despite a pay…

Cloudalize Announces New Strategic Partnership With Boston Limited

Cloudalize, provider of NVIDIA-powered cloud platform solutions has announced a strategic partnership with Boston Limited to provide an in-house private cloud offering: Private GPU Cloud. Powered by NVIDIA’s graphics-processing unit (GPU) technology, this deployment model delivers Cloudalize’s full-stack cloud to any data centre location of choice. “This partnership brings together the expertise of Boston Limited…

Openreach selects STL as a strategic partner to help build its new UK Full Fibre network

STL, an integrator of digital networks, has announced a strategic collaboration with Openreach, the UK based digital network business. Openreach has chosen STL as a key partner to provide optical cable solutions for its new, ultra-fast, ultra-reliable ‘Full Fibre’ broadband network. Under the partnership, STL will be responsible for delivering millions of kilometres of optical…

Simplilearn Collaborates With KPMG In India To Offer Global PG Programs

Simplilearn, an Online Bootcamp for digital economy skills training, has announced a collaboration with KPMG in India to offer postgraduate programs in the field of digital business transformation & process excellence, starting with PG Program in Lean Six Sigma. “The exponential rate at which technology is advancing is disrupting organizations and jobs globally. Businesses, across…

CIMCON Lighting partners with UST to Scale Its Smart Lighting Controls and Smart City Platforms

CIMCON Lighting Inc., (CIMCON) the global provider of smart city technologies, has announced a strategic partnership with UST, a digital transformation solutions company, to build and accelerate the time to market of CIMCON’s smart lighting controls and smart city platforms. Under the multi-year agreement, UST’s Semiconductor business vertical and UST BlueConch Technologies, its product engineering…

Bharat Petroleum Collaborates with Accenture to Digitally Transform Its Sales and Distribution Network

Bharat Petroleum Corporation Ltd. (BPCL) and Accenture are collaborating to transform India’s oil and gas company by digitally reimagining its extensive sales and distribution network. Accenture will use its capabilities in data, artificial intelligence (AI) and cloud technologies to build, design and implement a digital platform, called IRIS. “This platform will integrate real-time data from…

Accops Partners with Teradici® to Deliver Remote Access to Graphics Workstations

Accops Systems, an India-based global provider of integrated work-from-anywhere solutions, has teamed up with Teradici®, the creator of PCoIP® technology and Cloud Access Software (CAS), to enable professionals working with graphics-intensive applications to have remote access to graphics workstations. “Accops’ Turbo feature is designed to deliver wire-speed encryption and tunnelling of the traffic. Teradici CAS…