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VMware, Inc. a software company to layoff employees in India VMware, Inc., an American publicly ...
Wipro completes acquisition of Brazilian IT firm IVIA Servios for . mn Wipronbspon Saturday s...
Oracle lays off developers in Commerce Cloud biz- Report San Francisco Cloud major Oracle has repor...
Tata Sons is likely to take over Air India by end of August 2020 The Tata Group is likely to make a formal bid to take over state-run Air India after months of considering acquiring the national carrier that has been put on the block by the central government. The airline was actually formed as […]
Integration to enable remote IT support and provide enhanced security solutions Wipro Limited, a leading global information technology, consulting, and business process services company, today announced that it will join forces with Intel to enable Wipro’s LIVE Workspace™, Wipro’s digital workspace solution with the Intel vPro® platform. This joint collaboration will help customers drive business continuity by enabling […]
ABB India opens new robotics facility in Bengaluru, Karnataka, India ABB India on Friday announced the opening of a new facility in Bengaluru that would enable it to deliver robotic applications and digital solutions for a variety of industries, including automotive, food & beverage, electronics, and other upcoming sectors., the company said in a statement. […]
European Commission clears Alstom’s acquisition of Bombardier Transportation The European Commission has given its go-ahead to the acquisition of the rail business of Canadian engineering firm Bombardier by French train maker Alstom Alstom and Bombardier welcome the European Commission’s (EC) decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom. The Commission’s […]
Most staff at TCS, Infosys, HCL, and Wipro continue to work from home In wake of the pandemic, the Department of Telecommunications (DoT) has extended the relaxation in work from home (WFH) norms till 31 December 2020, The move is appreciated and welcomed by the IT industry. This is the second extension of relaxations by […]
Swiggy is laying off 350 more employees as part of ‘final realignment exercise’ Swiggy lays off 350 more employees, two months after it shed 1,100 jobs across levels nationally to mitigate the coronavirus lockdown impact. Swiggy said in a statement, “In May, we began the exercise of realigning resources to create capacity in higher potential […]
Cognizant to Acquire New Signature, a Leader in Cloud-Native Business Transformation Cognizant has announced that it has entered into an agreement to acquire New Signature, one of the world’s largest independent Microsoft public cloud transformation specialists. The transaction is expected to close in the third quarter of 2020, subject to regulatory clearance and other closing conditions. Financial […]
Bharat Petroleum offers VRS to employees ahead of privatisation State-owned Bharat Petroleum Corporation Limited (BPCL) has brought a voluntary retirement scheme for its employees ahead of the government privatizing the country’s third-biggest oil refiner and second-largest fuel retailer. “The Corporation has decided to offer a Voluntary Retirement Scheme (VRS), with a view to enable employees, […]
Hindustan Unilever Limited (HUL) shuts down Haridwar plant after many employees test positive for coronavirus Hindustan Unilever temporarily shuts down the Haridwar plant as many employees have tested positive for coronavirus. The company did not disclose the exact number but said that its employees had been diagnosed with the coronavirus. “We can confirm that several […]
Several board members of engineering and construction giant Larsen & Toubro took voluntarily steep pay cuts in their salary in FY20 due to the COVID-19 Pandemic and its adverse impact on business. L&T Chairman A M Naik took a 24 percent pay cut. L&T CEO and MD SN Subrahmanyan took a pay cut of 43.91 percent L&T CFO […]
Great time to invest in India: PM Modi tells IBM CEO Arvind Krishna This is a great time to invest in India and the country is welcoming investments in the tech sector, Prime Minister Narendra Modi told IBM CEO Arvind Krishna on Monday. In a virtual interaction with Krishna, the prime minister noted that while […]
EY, IBM expand global alliance to help organizations accelerate their digital transformation EY and IBM has announced an enhanced, global multi-year alliance designed to help organizations accelerate digital transformation and improve client outcomes, including leveraging the hybrid cloud capabilities of Red Hat OpenShift, as well as IBM Watson, IBM Blockchain and IBM’s 5G and edge technologies. “Together, IBM and EY […]
