Sponsored: Indian Cloud Data Centres will make or break Digital India
Oct 20, 2015 at 13:55 | Source:
The Prime Ministers dream of Digital India isnt supposed to be just a slogan. Digital India is a comprehensive plan designed to drive transformation and thus turn India into a connected knowledge economy offering world class services using technology...
Tech Mahindra bags Internet of Things contract from Aircel
Oct 09, 2015 at 12:36 | Source:
Telecom services provider Aircel said it has partnered with IT firm Tech Mahindra to roll out a comprehensive set of Internet-of-Things (IoT) service offerings.Tech Mahindra will provide the IoT services in association with Aeris Communications, a Si...
Uber gives an academic push to its driverless cars effort
Sep 14, 2015 at 17:29 | Source:
Earlier this year, Uber had announced a partnership with the Carnegie Mellon University (CMU) that focused on development of long-term technologies that would help make Uber safer and more reliable. As part of the partnership, Uber technology leaders...
Nasscom sees 'massive opportunity' for IT firms in small payment banks
Sep 07, 2015 at 11:42 | Source:
Industry lobby Nasscom sees a massive opportunity for the domestic tech companies in payments banks and small finance banks, but warned the industry that they need to find out innovative solutions to help these lenders ensure cost-effective delivery ...
As stocks tumble, Indian pharma, Taiwan tech lure smart money| Reuters
Sep 03, 2015 at 04:15 | Source:
SINGAPORE Asias tumbling stocks have triggered an exodus of funds from the region, but some investors say the sell-off has been indiscriminate and that certain stocks offer compelling buying opportunities. The downturn in equities has been exacerbate...
India Post says open to partnerships for payments bank
Aug 20, 2015 at 12:41 | Source:
Mumbai: Having secured RBI's nod to set up a payments bank, the Department of Posts has said it is open for partnership in this new venture and is in talks with some telecom companies."We are very excited about it. We have our own strength in te...
Payments banks important step, to expand rural banking, says Jaitley
Aug 19, 2015 at 20:35 | Source:
New Delhi: RBI granting payments bank licences is a significant step which will bring in more money into the system and spread the reach of banking to rural areas, Finance Minister Arun Jaitley said today."RBI giving payments banks licences is a...
Private sector professionals to head BoB, Canara Bank
Aug 14, 2015 at 22:56 | Source:
New Delhi: Bank of Baroda and Canara Bank today became the first state-owned banks to be headed by private sector professionals as government announced appointment of MD and CEOs of five PSU lenders.Apart from these two, Financial Services Secretary ...
Rupee fall triggers sharp rally in IT shares; BSE IT index outperforms
Aug 11, 2015 at 12:19 | Source:
China's decision to devalue its currency seemed to have paid rich dividends for shares of export-lead domestic information technology (IT) companies even as the broad market receded sharply after a sluggish opening trade.As China devalued its currenc...
India IT outsourcing firms seek booster shot from Obamacare
Jul 08, 2015 at 11:56 | Source:
India's IT outsourcing firms are betting on U.S. President Barack Obama's healthcare reform to rev up revenue growth which is slowing as the $146 billion industry's key financial and manufacturing clients spend less on software services.The United St...