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Sierra Space valued at $8 billion as investors double down on defense, space techSierra Space has secured $550 million in new funding, boosting its valuation to $8 billion. The capital will expand production and develop ...
AI firm Budy bags $4.2 million in funding round led by RTP GlobalThe funds will be used to accelerate the training and development of the artificial intelligence (AI) skills of the company founded by robo...
Logistics startup Locus raises $50 million, valuation hits $300 millionLocus, a SaaS-based logistics startup, will use the funding from investors GIC, Qualcomm Ventures, Tiger Global and Falcon Edge to fuel its...
Rapper Akon all set to build $6 bn city inspired by 'Wakanda' in Senegal to welcome AfricansHe said the city would be built using renewable materials of African origin.
Telangana government launches India’s first social innovation centre"There are a large number of problems to be solved in rural areas and people who are familiar with them should be in the best position to s...
ONGC Videsh loses bid for two oil blocks in MexicoONGC Videsh Ltd, the overseas arm of state-owned explorer Oil and Natural Gas Corp (ONGC), has lost out on its bid for two oil blocks in Me...
Matrix, Snapdeal founders back hiring startup 'Belong'The recruitment startup gains insights into whether professionals are passively open to new opportunities by analyzing their presence acros...
ONGC Videsh qualified along with Chevron, Exxon for Mexico bid roundONGC Videsh Ltd is among the 19 companies and seven groups to have pre-qualified to bid for Mexico's maiden offshore oil blocks auction.
TiE in Silicon Valley rolls out Billion Dollar Babies to help Indian startupsThe Silicon Valley chapter of TiE is launching an initiative to mentor Indian startups that have the potential to hit a billion dollars in ...
Hitachi plans to use Prizm payment for financial services in Indonesia, PhilippinesHitachi, which is planning to more than triple its revenues in India to Rs 20,000 crore by fiscal 2015 from Rs 6,700 crore now, will also l...
Hitachi aims to make India base for construction equipment business"We would strengthen the partnership with the local India partners and as a part of that, human resource pool of the India would be utilise...
- Startups on overdrive to induct non-executive directors
Many startups and SMEs are now tapping into a rich pool of foot loose former entrepreneurs, retired MDs and VPs to scale up their businesse...
- Japanese cos are eyeing Indian IT for acquisition
A shortage of skilled manpower and increasing cost pressures are driving the Japanese IT majors to explore cheaper offshore buys in India.
- Hitachi acquires California-based Sierra Atlantic
Hitachi Consulting, a global IT strategies and solutions provider, has acquired Sierra Atlantic, a California -based offshore enterprise ap...
- IT firms on rehiring spree to cut CTC
The old adage that opportunity doesn’t knock twice, is out of the IT industry’s lexicon. Companies in India have started rehiring employees...
- IT’s right time to rehire staff
The old adage that opportunity doesn’t knock twice is out of the IT industry’s lexicon. Companies in India have started rehiring employees ...
- Sierra Atlantic acquires ArrAy
Sierra Atlantic, IT applications and outsourced product development provider, has acquired ArrAy Inc, a Boston-based software engineering s...
- IT's time to work from home
Ravi was working in a Pune-based IT company as a senior team leader when his wife was transferred to Mumbai.
- 'IT's' time to work from home
IT companies are now increasingly open to the idea of working from home and flexi-timing for employees.
- Why TCS prefers 'partner' over 'wife'
IT cos are changing HR policies to face the challenges thrown by their global acquisitions.