The RBI on April 6 directed all payments service providers to make sure "that the entire data relating to payment systems operated by them are stored in a system only in India."
It was not immediately known how many jobs the proposed new plants would eventually create.
Digital, cloud, engineering services, and cybersecurity will drive Wipro's growth. 'Based on approval from the board, we have decided to step up our investments significantly in these four big bets,' Premji said in his last address as executive chairman.
Its revenue from operations grew 2.5 per cent to Rs 13,977.7 crore
The proposed policy is increasingly becoming an item of negotiation, as the US pushes hard to change India's stance.
The brand integration not only marks the completion of the largest telecom merger in the world, but will also set the company on its future journey to offer strong digital experiences to 1 billion Indians on its 4G network.
Both are facing growing pressure from new rivals selling cheaper services.
Globally, the focus has moved back to India, especially in terms of telecom assets. Vodafone Idea, with some 300 million customers, continues to be attractive with shares available at a low price.
The combination will enable enterprises to move to a 100 per cent virtualised environment with management, orchestration and hypervisor integration, Infosys said.
"Critical data which has to be resided in India is an important component that needs to be clarified, as this will be arguably uncovered on an ad hoc basis as we move forward."
While most banks in India store all this data on Indian servers in their core banking systems, the current directive addresses new-age payment and fintech companies operating in the space
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
What makes Nagaraj's achievement significant is the fact that there have been only about 80 Intel Fellows globally in the 50 years of the company's operation.
Companies push out warnings to PCs infected with Bamital.
Pitroda, who pioneered the telecom revolution in India, added that government will open four large data centres to enable the flow of information up to the panchayat level.
IBM Global Services has bagged a Rs 56 crore (Rs 560 million) contract from IDBI Ltd to consolidate the latter's IT infrastructure, including building and providing service support for a state-of-the-art data centre and disaster recovery site.\n\n
While most of these payment players continue to run Indian data through the global processes of data analytics and fraud detection, the industry seems divided over whether the regulator would allow this to continue.
Though global IT services spending is likely to cross the $1-trillion mark to reach $1.031 trillion, growth rate will slow to 3.8% in 2019, compared to 6.7% last year according to reports
The three terror incidents that took place in Patna, Bangalore and Bodh Gaya this year have been solved, Union Home Minister Sushilkumar Shinde said on Thursday as he made it clear that government will deal with terrorism with an "iron fist".
All five major segments of IT spending are expected to grow in 2013.
The investment arm of US-headquartered chip-maker Intel Corporation expects India to add around 300 million internet users over the next five years.
According to a report by the National Bomb Data Centre, a total of 337 blasts of various kinds were reported last year, an increase from 268 in 2015.
Hackers attempted to break into different websites of Andhra Pradesh Government departments on Monday even as a security audit was being conducted at the State Data Centre maintained by Wipro.
The Intel Capital India Technology Fund, with a corpus of 250,000, was established in 2005-06 in India through which tech VC has invested a lot in data centre technology, telecom and infrastructure, apart from e-commerce.
The PM said that the Union Budget will accelerate the economic growth, financially empower every citizen and strengthen the foundation of the economy in the new decade.
Global software giant Microsoft intends to tap the growing cloud computing market here. Sanket Akerkar, managing director of Microsoft India, says he's seeing an uptick in its adoption by enterprises, to become competitive.
The product they are discussing, called Insiemi, would be designed to work in high-end computer centres that use "software-defined networking."
In a surprise departure from norms, investigators of the National Security Guard post-blast study team were not allowed to gather vital data of the terror-struck and burnt Israeli embassy SUV citing "diplomatic reasons".
RJio is targeting the existing base of high-value customers.
It had reorganised its India business by carving out public sector undertaking and government businesses. Besides the company had also split its India and West Asia businesses.
India has consistently asked China to open up its market for IT and pharmaceuticals.
The scope of the project covers end-to-end IT infrastructure services, which will be provided from TCS' global delivery centres in the Netherlands, Hungary and India, TCS said in a statement.
The Income Tax (I-T) Department has embarked on a plan to create a national data centre to facilitate a management information systems-based, real-time analysis of data for quick and effective decision making.
Unique Identification Authority of India said the alleged data breach took place on a website that does not belong to it.
Wipro will be implementing the core banking solution for Paytm.
Enterprise data management will be a USD 105 bn business by 2020.
Software export major TCS said it has bagged a contract from the state of Karnataka for establishing and managing a proposed State Data Centre (SDC).
Experts say the new guideline is likely to hurt foreign players more, especially card companies such as Visa, MasterCard and American Express who process and store credit card transaction data outside of India.
UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group's Reliance Communications and Reliance Telecom, which are in the National Company Law Tribunal (NCLT). Last year it was the highest bidder for taking over Aircel's assets for an upfront payment of Rs 150 crore. Surajeet Das Gupta and Dev Chatterjee dig deeper to find out more about this little known company.
Just like in a 007 film, WikiLeaks founder Julian Assange has kept thousands of secret US diplomatic files at a former Swedish Cold War nuclear bunker that houses dozens of powerful computer servers used as storage by many companies.
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