Wipro Limited has announced that it has won the ‘2019 SUSE Global System Integrator Partner of the Year’ award in two categories – Most Innovative Solution and Most Technical Certifications. The ‘Partner of the Year’ award, given out by SUSE honors companies that employ SUSE technologies and solutions while demonstrating excellence in technology platform design…
Alstom commenced the manufacturing of metro train sets for Mumbai Metro Rail Corporation (MMRC) at its factory in SriCity, Andhra Pradesh. The ceremony was preceded by Mr. Alain Spohr – MD, Alstom India & South Asia. The first metro train will be delivered by November 2020 after testing . Alstom’s overall contract with MMRC for…
CreditAccess Grameen Limited, India’s leading NBFC-MFI has been awarded as the ‘Microfinance Organization of the Year’ at the prestigious 16th Inclusive Finance India Awards 2019 held in New Delhi. Krishnamurthy Subramanian, Chief Economic Advisor, Government of India and Surendra Rosha, Chief Executive officer, HSBC India presented the award on the inaugural day of Inclusive Finance…
Wipro Limited, a leading global information technology, consulting and business process services company, today announced that it has won the ‘2019 SUSE Global System Integrator Partner of the Year’ award in two categories – Most Innovative Solution and Most Technical Certifications. The ‘Partner of the Year’ award, given out by SUSE, the world’s largest independent…
Infosys, a world leader in next generation digital services and consulting, has been awarded the ‘Mazda Excellent Partner Award’ by Mazda Digital Innovation (MDI) & IT Division, Mazda Motor Corporation. Infosys has been working with Mazda to implement a global supply chain management solution for service part operations in after-market. This solution utilizes a risk-free…
VMware, Inc. (VMW), a leading innovator in enterprise software, today announced the appointment of Gaurav Agarwal to lead the Commercial and Government Sales business in India. Gaurav will be based in New Delhi and will lead VMware’s commercial business and Government sales across the country. Gaurav comes with over 20 years of experience in stakeholder…
Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, has announced a new partnership with Elisa Smart Factory, part of the Finnish telecommunications company Elisa, to market and deploy the latter’s industrial IoT (IIoT) and advanced analytics solutions to a wide range of manufacturers across the world. TCS works with…
Mindtree, a global technology services and digital transformation company, today announced that it has received an IDC Insights Award for Excellence in Operations for its IT infrastructure services. The award cites Mindtree’s MWatch platform, which enables the delivery of consistent and optimized infrastructure operations services through automation. The IDC Insights Awards, in its sixth year,…
Larsen & Toubro Infotech Ltd., a global technology consulting and digital solutions company has won a multiyear engagement with Swedish financial services company, Hoist Finance AB to manage its IT Operations. With presence in 11 European countries, Hoist Finance is headquartered in Sweden and is listed on Nasdaq OMX Stockholm exchange. LTI will leverage its…
Tata Power has been ranked among the top 10 companies in this year’s Indian Corporate Governance Scorecard, which is developed jointly by BSE Limited, the International Finance Corporation (IFC) and Institutional Investor Advisory Services India Limited (IiAS), with the financial support of the Government of Japan. Tata Power made it into the top 10 list…
The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal for providing additional equity support to IIFCL to the tune of Rs. 5,300 crore in financial year 2019-20 and Rs. 10,000 crore in financial year 2020-21. This will be done through regular Budgetary support and / or through issuance of recapitalization bonds.…
GenY Labs has raised seed round funding totaling approximately $700k. The round was led by BVR Mohan Reddy, Executive Chairman of Cyient and other Indian and Canadian investors. The company was co-founded by a trio of IIT alumni Ravi Jain, Giridhar Rao Apparusu and Yashwant Kumar. This funding will be used for further development of…
Reliance Strategic Business Ventures Limited (“RSBVL”), a wholly-owned subsidiary of Reliance Industries Limited (“RIL” or the “Company”) has acquired equity shares of NowFloats Technologies Pvt. Ltd. (“Nowfloats”) for a cash consideration of Rs 141,63,78,822 (Indian Rupees one hundred forty one crore sixty three lakh seventy eight thousand eight hundred twenty two only). The said investment…
Wipro Limited has been recognized as a ‘Leader’ by global research and advisory firm Forrester Research Inc. in its report, “The Forrester WaverM: Al Consultancies, Q3 2019”. The firm evaluated participating companies by researching, analyzing and scoring them on 23 different criteria across three main categories – current offering, strategy and market presence. The report…
InstantPay, inclusive and neo Banking platform, has entered into a strategic partnership with Kotak Mahindra Life Insurance Company Limited to reach out to the billion uninsured and under-banked population of India, including the urban migrant. This alliance will not only bring insurance to the first time consumers, but will also digitally empower the semi urban…