INDIAN NEWS & TIMES

Monday, January 30, 2023

Bosch is releasing an Integrated Asset Performance Management (IAPM) solution running on Amazon Web Services (AWS) to create a Unified Digital Enterprise in the APJ region Bangalore, India, January 30, 2023 – Bosch Global Software Technologies (BGSW), formerly known as Robert Bosch Engineering and Business Solutions (RBEI), announced the availability of an Integrated Asset Performance Management (IAPM) solution running on Amazon Web Services (AWS). Bosch Digital Twin – IAPM (Integrated […]

Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a ‘Born Digital. Born Agile’, Mindful IT Company today announced signing of definitive agreements to acquire 100% of SMI – a Madurai headquartered, profitable, IT services company through a combination of upfront and deferred equity consideration totaling ₹ 111 crores. With 400+ offshore-based employees, SMI has an annual run rate in revenues of circa US$ 9 Million. SMI provides product engineering services to its US customers around Enterprise Applications & Integrations, […]

“The constant innovative reforms and technological advancements have provided an impetus to the growth of the FinTech industry in India. With the annual budget just around the corner, it is expected that the government will prioritize the needs of the FinTech players and implement policies to add to their growth trajectory. It can be expected that the government will bring in reforms to strengthen the partnerships between FinTech institutions and […]

Tech Mahindra , a leading provider of digital transformation, consulting, and business re-engineering services and solutions, and Microsoft, have announced a strategic collaboration to enable cloud-powered 5G core network modernization for telecom operators globally. The 5G core network transformation will help telecom operators to develop 5G core use cases and meet their customers’ growing technological (Augmented Reality (AR), Virtual Reality (VR), IoT (Internet of Things), and edge computing) requirements. It will further […]

Samsung Electronics Co., Ltd. today shared its vision for a calmer connected world through cutting-edge technologies that enhance the lives of users by providing smarter and more intuitive experiences. Speaking at a press conference at CES® 2023, Samsung and its key partners came together to outline details about how they plan to build a better-connected world while contributing to a more sustainable future. Jong-Hee (JH) Han, Vice Chairman, CEO and […]

AscentHR recently acquired Curio Technologies, a leisure technology solutions company based in Bangalore. Curio is a fully integrated travel & expense automation solution with complete travel fulfilment and management services included. It integrates T&E requirements, from budgeting, policy enforcement, and online travel booking, to automated expense processing and reimbursement.   Mr Prabhakar Sourirajulu, Vice President of Growth Initiatives commented on the acquisition, “The Curio acquisition is a consious step towards our aspiration for horizontal […]

HP India today unveiled a new range of Smart Tank printers designed for the everyday printing needs of home users, micro and small businesses. In today’s hybrid world, home and small businesses in India are embracing technology for their digital transformation and they are looking for affordable, easy-to-use, and smart printing solutions. To support emerging entrepreneurs and businesses, HP Smart Tank delivers an enhanced user experience with an intuitive and […]

Oben Electric, a Bengaluru-based electric motorcycle start-up has raised USD 4 Mn as part of its Pre-Series A round of funding. It was led by US India EV Angels LLC, followed by Dholakia Ventures and existing investor We Founder Circle. “We are happy to share that we are now heading towards our next milestone in our ongoing EV journey, whilst moving towards meeting the larger vision. These funds will be […]

The SV Narasaiah Auditorium at ‘The Department of Instrumentation and Applied Physics’, IISc Bangalore, instituted by Hind High Vacuum (HHV), the leading vacuum technology company, in the name of its Founder and Chairman, the Late Shri SV Narasaiah was inaugurated recently by Prof. Govindan Rangarajan, Director – IISc. Also, as a part of the program, Prof. G.U Kulkarni, President – Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) delivered the […]

 LTIMindtree, a global technology consulting and digital solutions company, has further expanded its Hyderabad operations by setting up a new, state-of-the art digital experience centre in the city. This new, 100,000 sq. ft. centre will have the capacity to accommodate more than 1,000 professionals. Designed as a modern agile workplace to provide a superior, collaborative working experience, the centre will drive cutting-edge research and innovation in leveraging the power of digital […]

Polygon, the developer of the leading platform for Ethereum scaling and blockchain development, today announced “Web3” Made in India Tour,” a month-long initiative that aims to educate, inspire and support the Web3 ecosystem in India. The tour will feature 8 events in total spread across the country culminating with the inaugural Polygon Connect event in Bangalore on Dec 1, 2022. Polygon Connect is a global initiative that unites every part […]

According to a recent global survey commissioned by Mastercard, consumers in India are among the most willing in the Asia Pacific region to embrace emerging digital payment methods, with 93 percent likely to have done so within the last year. More than 50 percent of these digital transactions were done via QR codes or digital money transfer apps. Cash came third with a 51 percent adoption rate, while other conventional […]

Instamojo, a leading ecommerce platform for independent businesses and D2C brands, recorded more than 8000 D2C businesses on the platform who integrated logistics applications over the past six months, to support last mile delivery. Additionally, the platform also on-boarded more than 2,25,000 sellers who set up their independent online stores. With the upcoming festive season approaching, and given the consumer demand during this time, the platform is expecting a growth of 80%. The portal also witnessed around 4000 […]

Sonata Software, a global IT services and technology solutions company that enables platform based digital transformation initiatives for enterprises, has once again been named a member of the prestigious Inner Circle for Microsoft Business Applications, for 2022/2023. Membership in this elite group is based on all round performance -that rank Sonata in the top echelon of the Microsoft’s Business Applications global network of partners. Inner Circle members have performed to […]

Cigniti Technologies, the world’s leading AI and IP-led Digital Assurance and Digital Engineering services company, launched a NICU/SNCU facility at the Mother and Child Health Center, Nalgonda district, Hyderabad today. The facility was launched as part of the company’s CSR efforts undertaken in the field of Healthcare to create a long-term impact by equipping government hospitals with better infrastructure. The facility was inaugurated by Mr. C V Subramanyam, Chairman and […]

The expansion of Doceree’s engineering team is thus, aimed at creating a talent pool that specialises in Adtech, CDP & Machine Learning (ML) and has the capability to enable Doceree’s envisioned transformation in the healthcare industry through specialized products and proprietary technologies. Doceree has applied for a patent for its proprietary identity-resolution technology, ESPYIANTM, that enables targeted messaging to physicians. The company will be applying for more patents for its […]

Absstem Technologies, a fast-growing manufacturer of medical and industrial gas generators in India, has launched a new business–Absstem Industrial Solutions Pvt. Limited– that will be purely dedicated to the industrial application of oxygen and nitrogen. The new segment plans to delve into other gasses shortly and is aimed at catering to the gas needs of industries. The company has invested Rs 30 million in the new business, which would create […]

Pioneering mobile threat defence (MTD) start-up, Protectt.ai announced the appointment of BFSI industry veteran and popular digital transformation stalwart, Sunita Handa, as the company’s Principal Advisor to lead the Strategy initiatives of the fast-growing firm. Sunita comes with over three decades of rich experience in heading technology-led initiatives in varied assignments at State Bank of India’s (SBI) business and IT verticals in India and abroad. Her accomplishments include multiple breakthroughs in the […]

India’s largest Digital Agri Platform, today has announced the recent addition of three senior leaders to further strengthen the company’s operations and align the organization best for the next phase of growth. Joining BigHaat’s C-Suite are Vishaal S. Wadhwani as Chief Finance Officer, Richa Hukumchand as Head – of Data Sciences and Analytics, and Indronil Ghosh as Head – of Supply Chain Management. “We are excited to welcome the three proven, highly talented leaders to BigHaat”, said Sateesh […]

IBM (NYSE: IBM) and the All England Lawn Tennis Club today unveil new ways for Wimbledon fans around the world to experience The Championships digitally, powered by artificial intelligence (AI) running on IBM Cloud and hybrid cloud technologies. Co-created by the All England Club and IBM for Wimbledon.com and the Wimbledon app, the new features join a comprehensive suite of digital fan experiences – including the award-winning[1]IBM Power Index with Watson, IBM Match […]