20K & beyond: Sensex, Nifty hit new highs; mid- and small-caps tumbleThe Nifty Midcap 150 index dropped 3% and Nifty Small-cap 250 fell 3.9%, Nifty Microcap 250 declined 5.2% on Tuesday - their biggest single...
13 Sep, 2023, 05.25 AM IST
US preparing more restrictions on China, might block access to cloud computing: reportThe new rule, if adopted, would likely require US cloud-service providers such as Amazon and Microsoft to seek US government permission bef...
04 Jul, 2023, 11.05 AM IST
Social media app Parler buys cloud-services providerAs part of the overhaul, Parler said it has created a new parent company, Parlement Technologies Inc, and the new firm has completed a fund...
16 Sep, 2022, 05.12 PM IST
Wipro CEO says allocated a third of total workforce on cloud dealsWipro employs more than 80,000 cloud professionals, and more than 10,000 of our colleagues are now certified by leading cloud-service provi...
29 Nov, 2021, 06.58 PM IST
Amazon future CEO Andy Jassy to accelerate India push amid protests“Small and medium businesses are the engine and lifeblood of economies,” Andy Jassy says at the Amazon Smbhav Summit, amid an Asmbhav Summi...
15 Apr, 2021, 09.08 PM IST
Snowflake CEO becomes one of the best-paid tech executives, collects $108 mn salary every monthFrank Slootman’s pay includes more than 13.7 million options with a strike price of $8.88.
09 Dec, 2020, 05.39 PM IST
Trai backs forming cloud service providers for light touch regulation“The first industry body may be set up by DoT as a non-profit body under the Societies Registration Act, 1860 in a three-step process,” the...
14 Sep, 2020, 09.25 PM IST
Cognizant Q1 results: Profit falls 17% YoY to $367 million, firm expects sluggish Q2 due to Covid, ransomwareCompany will see a ransomware impact of $50-70M in the second quarter
08 May, 2020, 06.01 PM IST
Abidali Neemuchwala's on a digital missionNeemuchwala has championed the digital strategy for the Bengaluru-headquartered IT services exporter through many key acquisitions.
07 Jun, 2019, 07.02 AM IST
As cloud stalls, bell tolls for tech boomWestern Digital, a maker of memory chips, neatly listed everything that is suddenly wrong with the technology industry when it gave a disap...
29 Oct, 2018, 11.04 AM IST
Netmagic bets on hybrid multi-cloud solutionsSuch a combined solution currently garners nearly 10% of the company’s revenue and is part of the multi-cloud hybrid IT services segment.
11 May, 2018, 10.59 AM IST
Google Cloud joins Amazon, IBM in serving blockchain clientsThe blockchain is a distributed ledger where multiple companies -- such as banks -- can record transactions securely.
23 Sep, 2016, 11.26 AM IST
Infibeam gets Sebi approval to raise Rs 450 crore via IPOInfibeam is set to become the first ecommerce company in the country to be listed with Sebi giving its nod to the Gujarat-based firm to rai...
06 Oct, 2015, 04.30 PM IST
Microsoft bets big on cloud-services in India, launches K-12 productMicrosoft India Chairman said Edu-Cloud is expected to benefit 10 lakh teachers and 60 lakh students in over 1,500 institutes over the next...
05 May, 2015, 08.58 PM IST
- Persistent System hits 52-week high on strong Q2 results
At 11:30 am, Persistent System was trading 8.1 per cent higher at Rs 461.80. It has hit a low of Rs 441.90.
19 Oct, 2012, 11.58 AM IST
- Persistent Systems Q2 profit up 38%; buys Doyenz cloud service
The company's revenue during the period grew 37.2 per cent to Rs 326.86 crore from Rs 238.17 crore in the year-ago period.
18 Oct, 2012, 06.44 PM IST
- Nexus Venture, Kae Capital invest $2.1 million in CloudByte
Nexus Venture Partners and early stage fund Kae Capital have together put in $2.1 million in Bangalore-based CloudByte.
26 Jun, 2012, 12.40 PM IST