Billionaire and Mahindra Group chairman Anand Mahindra along with top Silicon Valley investors Naval Ravikant and Balaji Srinivasan are backing space tech start-up Agnikul as part of a new funding round. Chennai-based Agnikul said, on Thursday, that it has raised $11 million in Series A funding round led by Mayfield India. It is the largest funding round for a private Indian space technology company in the country. Existing investors pi Ventures, Speciale Invest and Artha Venture Fund also invested in this round.
As part of the three-year programme, Microsoft will support select institutions with infrastructure, curriculum and content, access to cloud and Artificial Intelligence (AI) services as well as developer support, the company said in a statement.
'Banking is a business of trust.'
To land a job in a competitive field, graduates must go beyond the obvious and prepare extensively, adbises Vijay Gupta, director-global human resources, Rahi Sytems, a global IT services and solutions company.
The Gujarat chief minister tells business leaders he will focus on poverty removal, jobs while pushing growth.
The two parties did not share the deal size but said MavenHive's two founders and 40-odd team members have joined the Bansal-owned firm. MavenHive was started by Bhavin Javia and Anandha Krishnan in 2012.
From virtual yoga to empathy, the pandemic has prompted the e-commerce giant to double down on building innovations focused on improving remote work culture especially employee well-being, both mental and physical.
Payment aggregators should have a minimum net worth of Rs 100 crore and if they don't manage to arrange that money within one year of putting out final guidelines, they should stop doing their business, says central bank's draft paper.
Here's everything you wanted to know about studying in the United States of America.
To launch technology infrastructure on Nov 18.
'We look forward to providing great customer experiences in India.'
The e-commerce sector is also fraught with redundant taxation laws that need immediate overhaul
There are several pitfalls of following this strategy and it can ruin the long-term prospects of your investment portfolio.
The case may drag for a few years, experts say, as CAIT and DVM have said they will appeal against the interim relief granted to Amazon.
The two sides held discussions on enhancing investment in technology, renewable energy and food security.
To begin with, there would be the immediate integration of various technology stacks. This would create more business for global consulting and IT services entities such as KPMG, PwC, EY, Accenture and IBM, among others. Indian service providers - Infosys, Tata Consultancy Services (TCS), and Wipro, for instance - would also cash in.
With internet protocol migration, larger bandwidth and higher throughput, the new network will allow NSE to consolidate their technology infrastructure, thereby reducing IT costs and transaction cost for the end-investor.
IT sector provides direct employment to 2.5 million people and has created eight million indirect jobs.
Telecom service provider Reliance Communications is close to awarding a contract for implementation of mobile number portability (MNP) integration across its network to eight global telecom companies. The deal is estimated to be worth Rs 700-800 crore. The eight are Tekelec, HP, Intec, Huawei, ZTE, Ericsson, Lucent and Radio Telecom.
Technology infrastructure solves many problems, but it cannot build roads or bridges and provide clean water. However, such activities are essential for human progress, and their creation provides jobs, says R Gopalakrishnan.
Global financial services giant Citigroup Inc on Tuesday sold its 100 per cent subsidiary Citi Technology Services Ltd to Wipro for $127 million. CTS is an India-based captive provider of information technology services and solutions to Citi entities worldwide.
Wipro will be implementing the core banking solution for Paytm.
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
Tamil Nadu, Telangana, Maharashtra, West Bengal and Gujarat are alarmed by the rising use of the app in smaller towns and hinterland, where it is increasingly being used for spreading hate messages and child pornography.
The company has set an internal target of 6-18 months to set up the data centre. The plan is part of the $1 billion ByteDance has recently committed to the Indian market over the next three years.
What measures does it need to take to surge ahead as the biggest outsourcing hub despite the odds?
We must work in the direction of an innovation and technology driven economy which could boost up creation of jobs and open advanced and newer avenues of employment within the country.
Indian Navy will soon test fire a long-range surface-to-air missile, jointly developed by India and Israel, aiming to enhance its capabilities against incoming missiles, aircraft and drones.
Sensing potential in the remote infrastructure outsourcing market, Wipro Technologies is investing heavily in the business and will soon open a centralised global command centre in Bangalore.
HCL Technologies' infrastructure management subsidiary, HCL Comnet, on Wednesday inaugurated a new facility
Experts say the recent Rs 14,000-crore PNB fraud could have been avoided had there been an integration of PNB's CBS with its SWIFT system
LiveBridge Inc, a global customer interaction services company, has opened an 800-seat call centre near Delhi to expand its international presence.
Maharashtra government will focus on biotechnology and building a brand image for the state, even as it is planning to increase the information technology infrastructure to bridge the digital divide.
The State Bank of India and its seven associate banks, have awarded a $ 29 million contract to Datacraft to implement the second phase of its nation-wide corporate network, Datacraft announced on Wednesday.
Computer emergency response teams will be strengthened with ethical hackers who will respond to cyberattacks.
Centre meets target of 18,000 villages but household metering remains a challenge
This business could also be aided by new outsourcing opportunities in IMS from Germany, France and northern Europe
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