BUSINESS
Will be tough for governments to agree on a common crypto framework, says Binance CTO Rohit Wad
As people become more educated, they will want some of these assets and will ask their governments to allow them to use it in a safe and regulated manner, says Binance CTO Rohit Wad
BUSINESS
Global banking crisis adds to woes of IT firms, slowdown expected in near term
The next six months are going to be tough, with a slowdown in deals and decision-making delays but 2024 should see strong growth as many BFS firms cannot afford to keep delaying IT projects, experts said.
BUSINESS
TCS is a steady business, new CEO K Krithivasan will see a smooth transition, say industry experts
Analysts also praised former CEO Rajesh Gopinathan for building a consistent business through the pandemic and amid macro-economic challenges. Though not extraordinary, growth has been in line with industry trends.
BUSINESS
Who is K Krithivasan? The newly-appointed CEO of TCS
Krithivasan has been with company for over 34 years having joined in 1989. In his ongoing tenure, he has held various leadership roles in delivery, customer relationship management, large program management and sales.
BUSINESS
Crypto trading volume jumps 53% between Dec 2022-Feb 2023 on Indian exchanges
Industry players, however, are not convinced of the bear market ending anytime soon.
BUSINESS
NTT expects short-term margin pressure as competition grows in India data centre business
The Japanese company, however, says there will be consolidation in the sector in the long term
BUSINESS
Mohit Joshi’s appointment as Tech Mahindra CEO will bring BFSI and healthcare expertise: Industry experts
The company has to shed its over-reliance on the telecom and enterprise businesses, and capture large cost takeout deals, said analysts.
BUSINESS
Meet Mohit Joshi, the next CEO and MD of Tech Mahindra
The CEO role is not exactly new for Mohit Joshi, who was once appointed as the CEO of Infosys Mexico in 2007 and was instrumental in setting up the IT services behemoth’s first subsidiary in Latin America.
BUSINESS
Top crypto tokens crash 5-9% on Indian exchanges after Silicon Valley Bank crisis
This is the second shock for the crypto industry globally in less than a week, following the closure of Silvergate Bank which held funds of several global exchanges.
BUSINESS
HCLTech Engineering and R&D head Sukamal Banerjee quits
During his 26-year tenure with the company, Banerjee has been instrumental in establishing HCL's market leadership in the engineering outsourcing business, as well as in establishing some of the company's Top 5 accounts and large-scale partnership agreements.
BUSINESS
NTT to launch six data centres in next three months: India MD Sharad Sanghi
Nearly 70% of the capacity in these data centres has already been booked, said NTT India MD Sharad Sanghi. The company eyes $1 billion in revenue from India.
BUSINESS
We are on the path to becoming a $15-billion company: Fractal AI CEO Srikanth Velamakanni
In an interview with Moneycontrol, Velamakanni shed light on increasing investor interest in and growth prospects of artificial intelligence (AI) startups globally.
BUSINESS
Our strategy is customer-focused, won’t be impacted by succession: Tech Mahindra’s CP Gurnani
Gurnani has identified product and platform business and co-creating with customers as key growth areas, among its new business strategies.
BUSINESS
Product and platform business is Tech Mahindra’s next big growth opportunity
Tech Mahindra's CEO and MD CP Gurnani expects the business to touch $1 billion in revenue in less than three years. Going forward, product and platform business will be a key differentiator for the company.
BUSINESS
Decisions delayed but clients not asking for price cuts: Tech Mahindra CEO CP Gurnani
Tech Mahindra CEO and Managing Director CP Gurnani also said that digital innovation and business transformation remain a "big conversation" and area of interest among its clients.
BUSINESS
True benefits of generative AI will depend on its enterprise use cases, says Nasscom chairman Krishnan Ramanujam
Many Nasscom member companies are hard at work, looking for use cases where the generative AI technology can be beneficial, says Krishnan Ramanujam
BUSINESS
Parliamentary panel has approved data protection bill, says Ashwini Vaishnaw
The draft digital data protection bill was published in November 2022 for extensive public consultation
BUSINESS
Generative AI like ChatGPT is changing the landscape of software: Hotmail co-founder Sabeer Bhatia
Sabeer Bhatia expects that AI assistants like ChatGPT and Bard will bring to software the same transformation that robotics brought to manufacturing.
BUSINESS
Crypto exchange BitBNS admits to funds getting compromised in 2022, clarifies on alleged hack of $7.5 million
This comes hours after an independent crypto scam researcher, ZachXBT, tweeted that the cryptocurrency exchange was covering up a $7.5 million hack under the guise of system maintenance.
BUSINESS
Is rehab tech the next startup opportunity?
BUSINESS
We are heading towards a creative economy and India is unprepared for that: Hotmail co-founder Sabeer Bhatia
Speaking at the NASSCOM Technology and Leadership Summit 2023, Sabeer Bhatia said that 90 percent of business ideas coming out of India are copycat ideas.
BUSINESS
Coinbase to delist Binance USD stablecoin citing regulatory concerns
Coinbase will stop listing BUSD from March 13, coming two weeks after Paxos Trust decided to stop minting the stablecoin.
BUSINESS
Angry creditors file affidavit to block Vauld's third moratorium extension
Creditors alleged lack of transparency and failed attempt at coming up with a restructuring scheme in the affidavit accessed by Moneycontrol.
BUSINESS
SIDBI is seeing 2.8-3.2X initial returns on Fund of Funds for Startups scheme, will wait till 2025 to plan next corpus: CMD S Ramann
In an interview with Moneycontrol, Ramann said that the scheme which allocates capital to alternative investment funds (AIFs) investing in startups, has about 14 unicorns in its portfolio and many more soonicorns.
