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Chennai to be the new face for private Data Centre hub
Chennai will soon be recognised as the most prominent private data centre hub in the South, as at least six companies committing more than Rs 12,000 crore investments between April and now, and many more projects expected to crop up soon. ...
Cyberfrauds arrested for exploiting e-commerce website to cheat buyers
The Cyber police arrested three fraudsters who tried to exploit a loophole in an e-commerce firm website to cash the payments of the online customers into their account instead of the respected company’s account. ...
Razorpay bags $100 mn in Series D funding round led by GIC and Sequoia
Razorpay has bagged an amount of $100 million in a Series D funding round led by Singapore-based GIC and existing backer Sequoia Capital at a valuation of over $1 billion....
Atmanirbhar Bharat initiative may add $160 billion by 2024 to trade earnings
With New Delhi emerging as a feasible alternative to Beijing for manufacturing and other capital-intensive industries in a global de-risking of supply chains, India can increase its earnings from overseas trade to $160 billion by 2024 with potential investments from the likes of Apple Inc. and Foxconn....
India yet to decide on participation of Chinese vendors in 5G roll out: Niti Aayog CEO, Amitabh Kant
Niti Aayog CEO, Amitabh Kant has said that India is yet to take a final call on allowing Chinese companies to participate in the 5G network rollout. He also added that security will be a “major concern” in 5G. ...
AMD announces Ryzen 5000 Series Desktop Processors, to be available from 5th November
AMD has introduced the highly anticipated Ryzen 5000 Series desktop processor lineup powered by the new “Zen 3” architecture. Offering up to 16 cores, 32 threads and 72 MB of cache in the top-of-the-line AMD Ryzen 9 5950X, AMD Ryzen 5000 series processors dominate in heavily threaded workloads and power efficiency,...
Uday Shankar to step down as Chairman, Star & Disney India
The Walt Disney Company has announced that Uday Shankar, chief executive of Star India will step down from his position by the end of 2020. ...
Flipkart obtains 140-acre land at Rs 432 crore, to develop logistic park
Flipkart has acquired 140-acre land to set up their largest fulfilling centre in Asia in Manesar in Gurgaon in a bid to scale up their fulfilment infrastructure to cater to increased demand post Covid....
Aditya Birla Group ropes in Manish Gupta as Group CIO
Aditya Birla Group has appointed Manish Gupta to the position of Group Chief Information Officer. ...
IBM to spin off its IT infrastructure and focus on the cloud business
IBM (NYSE: IBM) announced today it will accelerate its hybrid cloud growth strategy to drive digital transformations for its clients. Additionally, IBM will separate its Managed Infrastructure...