VTEX, the global enterprise digital commerce platform, announced its strategic partnership with Nanostuffs, a leading software company specializing in innovative technological solutions. The partnership between VTEX and Nanostuffs brings together two industry leaders aiming to improve the digital commerce landscape in India by offering business solutions to modernize their stack and reduce maintenance costs with…
Category: Press Release
TCS recognized as a Leader in Healthcare Provider Digital Services by Everest Group
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•Tata Consultancy Services (TCS) has been recognized as a Leader in the Everest Group PEAK Matrix for Healthcare Provider Digital Services. According to the report, TCS has a strong portfolio of industry-specific proprietary IPs, spanning digital enrollment, health and wellness, and claims denial analytics, which enables clients to access use cases across the provider value…
SAP Advances Vision of Business AI with Investments in Aleph Alpha, Anthropic and Cohere to Complement $1+ Billion AI Commitment from Sapphire Ventures
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•SAP SE announced the next step in its commitment to deliver Business AI that’s relevant, reliable and responsible, making strategic investments in three leading generative AI companies. The investments in Aleph Alpha GmbH, Anthropic PBC and Cohere reinforce SAP’s open ecosystem approach to AI, leveraging the best technology to embed AI across the SAP portfolio. They…
KPMG and Microsoft Enter Landmark Agreement to Put AI at the Forefront of Professional Services
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•KPMG and Microsoft have announced a significant expansion of their global relationship that will reshape professional services across a number of business-critical areas including workforce modernization, safe and secure development, and use of Artificial Intelligence (AI) solutions for clients, industries and society more broadly. The industry-leading collaboration between the two global organizations includes a KPMG…
Wipro launches Wipro ai360, commits to investing $1 bn in AI over the next three years
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•Wipro Limited, a technology services and consulting company, announced the launch of Wipro ai360, a comprehensive, AI-first innovation ecosystem that builds on Wipro’s decade-long investments in artificial intelligence (AI) with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients. Along with the launch of Wipro ai360, the…
TCS Bets Big on Azure Open AI: Plans to Train 25,000 Engineers; Launches New Generative AI Offering for Clients
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•Tata Consultancy Services (TCS) has deepened its partnership with Microsoft by announcing plans to significantly scale its Azure Open AI expertise, and launching its new Generative AI Enterprise Adoption offering on Microsoft Cloud to help customers jumpstart their generative AI journey to power their growth and transformation. With over 50,000 AI-trained associates, and the collective…
Board of Directors of IDFC FIRST Bank approves amalgamation of IDFC Ltd with IDFC FIRST Bank
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•The Board of Directors of IDFC FIRST Bank Limited (IDFC FIRST Bank) at its meeting held today, July 03, 2023, have approved the Scheme of Amalgamation of IDFC Limited with IDFC FIRST Bank. The Share Exchange Ratio for the amalgamation of IDFC Limited with IDFC FIRST Bank shall be 155 equity shares of face value…
India and Northern France Strengthen Bilateral Cooperation
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•With France and India steadily strengthening their ties in recent years, both governments have actively supported numerous initiatives to boost trade, investment, and joint projects between the two nations. As a symbol of Franco-Indian cooperation, Indian Prime Minister Narendra Modi will be the guest of honour of President Emmanuel Macron on this year’s National Day…
TVS Motor Company announces association with Zomato to accelerate last mile green deliveries
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•TVS Motor Company, a manufacturer of two-wheelers and three wheelers globally, announced a strategic association with the food ordering and delivery platform, Zomato. This association is in line with TVS Motor’s commitment towards its green and sustainable mobility solutions. It further strengthens the company’s electrification journey across diverse mobility segments and aligns with Zomato’s efforts…
AstraZeneca announces $400 mn investment in reforestation and biodiversity in support of climate action and human health
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•AstraZeneca has announced a $400 million investment in its global AZ Forest programme, raising its commitment to plant 200 million trees by 2030 and ensure their long-term survival. This includes new or expanded projects in Brazil, India, Vietnam, Ghana and Rwanda that will contribute to the Company’s climate action, restore nature, promote biodiversity and build…
L&T Technology Services and BSNL Join Hands to Enable Private 5G Network Deployments for Enterprises
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•L&T Technology Services, a global pure play engineering services company, announced that it has entered into a strategic partnership with Bharat Sanchar Nigam Limited (BSNL) to drive and enable global enterprises in their private 5G network deployments. BSNL and LTTS plan to co-innovate and jointly bring to market private 5G connectivity solutions to accelerate digital…
Hero MotoCorp partners with NWWA and Indian Navy to support in community development initiatives
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•In keeping with its commitment to further the cause of inclusive learning and education, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has partnered with the Navy Welfare and Wellness Association (NWWA) to support their community development initiatives. As per an MoU signed today between Hero MotoCorp and the NWWA, the Company will…
HCLTech Earns Intel’s 2023 EPIC Distinguished Supplier Award
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•HCLTech, a global technology company, is proud to announce that it has earned Intel’s EPIC Distinguished Supplier Award. Through its dedication to Excellence, Partnership, Inclusion, and Continuous (EPIC) quality improvement, HCLTech has achieved a level of performance that consistently exceeds Intel’s expectations. “As one of only 22 Distinguished Supplier Award recipients across the Intel global supply chain, HCLTech stands out among suppliers…
Accenture and AWS Extend Generative AI Capabilities to Accelerate Adoption and Value
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•Accenture announced an extension of their strategic collaboration with Amazon Web Services (AWS) to help clients leverage the value of large language models (LLMs) and generative AI for faster business transformation, utilizing the most comprehensive and broadly adopted cloud. With a 15-year relationship, and as part of its existing strategic collaboration, Accenture and AWS—through the Accenture AWS…
Cisco and Social Alpha Unveil Krishi Mangal Second Cohort to Accelerate Innovations for Small and Marginal Farmers
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•Following the successful conclusion of the first edition of Krishi Mangal – a scale-up accelerator program to support Agritech enterprises working on solutions for smallholder farmers, Cisco and Social Alpha have selected the cohort of start-ups for its second edition. Initiated in 2021, the first edition of Krishi Mangal successfully impacted more than 17,000 farmers and led to the creation of 200+ jobs, facilitated 500+ micro-entrepreneurs and onboarded…