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WAVE OF DIGITALISATION
Mumbai leads with 53% data center share as India’s total capacity crosses 1.5 GWMumbai has reinforced its position as India’s top data centre hub, accounting for 53% of the country’s total operational capacity of about ...- Digitalisation will drive the next growth wave for MSMEs: MeitY SecretaryS Krishnan, Secretary of MeitY, says digitalisation is essential for MSMEs’ growth. Therefore, collaboration between MeitY and MSMEs is the...
- Spain's Indra sees revenues, profitability soaring on European defence spendingIndra, a Spanish defense and technology company, anticipates a rise in European defense spending, particularly on high-tech solutions, whic...
- Talent challenges ahead: It's back to basics for companies in 2023 after year of the big quitFrom rushing to hold on to the critical talent and devising ways to stem attrition in 2022, companies will focus on growing and building th...
- Recession could drive further demand for digitalisation, says Druva CEO Jaspreet SinghDruva had raised $147 million in April 2021 at a valuation of more than $2 billion, and is likely to go in for a public offering soon.
- May take India more than a decade to 'overcome losses' caused by Covid: RBI ReportThe Indian economy could take more than a decade to “overcome the losses” caused by Covid 19 disruptions, the latest report on currency and...
- Indian CEOs expect rebound by February-March from the third wave impactLarger markets such as Mumbai and Delhi have been able to deal with the third wave, without putting too much pressure on the healthcare inf...
- L&T's heavy engineering arm dispatches mega tubular reactors to petrochemical complex overseasThe reactors were manufactured at L&T's heavy engineering complex located at Hazira near Surat. These highly complex reactors are crucial e...
- FMCG cos see customers pantry loading as COVID-19 cases spike; say ready with stocksCompanies such as Parle Products, Dabur India and ITC, which are already facing inflationary pressures on inputs, are keeping extra stock o...
- Sourcewiz gets $3 million seed funding from Blume Ventures, Alpha WaveSourcewiz, a SaaS platform that digitalises operations for exporters, will use the funding from Blume Ventures and Alpha Wave Incubation to...
- Toyota Kirloskar domestic sales surge over two-fold to 12,772 units in August"We are witnessing a steady growth after the second wave and the trend continues in August as well," the company said.
- TeamLease Services posts PAT of Rs 19.64 cr in Q4Revenue from operations increased 1 per cent to Rs 1,340.52 crore.
- DRL, Cipla’s healthy outlook offsets Q4 slip, will help retain investor interestFor DRL, the US business failed to generate growth compared to the previous year partly due to high base effect as well as price erosion. I...
- Fresh wave of COVID-19 may pull down growth below double digit: Ex finance secretaryAs per the RBI estimates, economic growth expected to be 26.2 per cent in Q1, 8.3 per cent in Q2, 5.4 per cent in Q3 and 6.2 per cent in Q4...
- View: Working space, the final frontierThe consensus is that the post-Covid-19 era is leading to another disruption, which will likely change human behaviour and norms. This cris...
- Siemens 'Ingenuity Tour' to be in Coimbatore for four daysThe tour is targeted at various industry verticals and demonstrates the competitive advantage that can be gained by adopting innovative tec...
- TCS hikes stake to 66% in Japanese JV with $32.6 mn investmentThe current governance of operations and management will remain unchanged by the share acquisition, the company said.
- NIIT Tech orders up with new strategy: CEOUnder the new people strategy, NIIT has also shifted its ‘centre of gravity’ away from India with most of the leadership based in the US.
- Got insurance queries? Alexa is at your serviceBajaj Allianz General Insurance is the first insurer in the country to integrate its chatbot Boing with Amazon's cloud-based voice service.
- Vedanta rejigs Cairn top deck to push $1 billion investment plansSudhir Mathur, who was the acting chief executive and chief financial officer, will now be the CEO of Cairn Oil & Gas.
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