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Hiranandani Group opens giant data centre in Mumbai

Hiranandnani’s new venture is well-timed, but it will face heavy competition from both international majors and domestic peers like Adani Group. Illustration: Dominic Xavier/Rediff.com......

TikTok goes completely offline in India

The ban in India would hit Chinese internet companies that were making headway in the world's fastest-growing mobile market. Short video sharing app TikTok went offline in the country on Tuesday......

Covid-19 crisis: $30-billion headache for IT companies

According to outsourcing advisors and experts, while almost half of the deals are likely to see delay, the others are expected to be renewed at a lower price as enterprises ask for discounts in......

Top 3 IT firms lose $31 bn in a fortnight

Stock market crash: TCS sheds $21 billion in market capitalisation, Infosys $7 billion and Wipro around $3 billion. Illustration: Uttam Ghosh/Rediff.com Top three IT services firms of the country......

How insurance brokers losing the game to technology

The Ola Money and Uber tie-ups demonstrate how insurance companies, including even government-run ones, are forging partnerships with every possible service company to offer products. Illustration:......
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Worldwide IT spending is projected to reach $3.8 trillion in 2021, an increase of four per cent from this year, according to a forecast by Gartner... ...

https://www.daijiworld.com/news/newsDisplay.aspx?newsID=763226
Gartner

Zadie Smith’s ‘Intimations’: Novels, banana bread and moments of certainty ...

https://www.thehindubusinessline.com/info-tech/india-data-center-infra-spend-set-to-decline-14-in-2020-gartner/article32791676.ece
MFs raise holding in IT stocks. Should you buy?

Domestic fund managers increased their allocations to technology stocks to a four-and-a-half year high of 10.5% of total portfolio in July 2020... ...

https://economictimes.indiatimes.com/mf/analysis/mutual-funds-raise-holding-in-it-firms-should-you-buy-too/articleshow/77647380.cms
Gartner

2020 04:47:55 PM San Francisco, Aug 10 (IANS): Amazon retained the top position in the worldwide infrastructure as a service (IaaS) market which... ...

https://www.daijiworld.com/news/newsDisplay.aspx?newsID=739458
Gartner

Banks may have to increase provisions on security receipts held against NPAs sold to ARCs ...

https://www.thehindubusinessline.com/info-tech/overall-it-spending-may-dip-8-globally-in-2020-gartner/article32279072.ece

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