Mindtree, a digital transformation and technology services company, has announced that it has signed an agreement to acquire the NxT Digital Business, the cloud based IoT and AI platform for Industry 4.0 of L&T Group. The NxT Digital Business, was founded as a startup with digital capabilities within L&T. NxT Digital Business leverages the Group’s […]
Tag: digital businesses
Mahindra Finance has named Amit Raje as Whole-time Director of the non-banking finance company, designated as Chief Operating Officer for Digital Business, effective April 1, 2021. He will be reporting to Vice Chairman & Managing Director at Mahindra Finance – Mr. Ramesh Iyer. Commenting on the appointment, Ramesh Iyer, Vice Chairman & Managing Director at […]
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Infosys to incentivize mid-level executives
Infosys has announced to offer incentives and hikes to over 25,000 mid-level executives – nearly a tenth of its workforce – who will acquire new digital skills. Boosted by the development, major IT companies have now been witnessing flat growth in traditional services, which account for nearly two-thirds of their revenue. Whereas, digital businesses have […]