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LIC IPO: shares slid 6% on debut day, raises concern
In a fresh setback to their market debut on Tuesday, Life Insurance Corp of India’s (LIC) shares slid six percent, raising far less for the government than initially envisioned. ...
Since 2014 presale, $1.6 billion worth Ethereum crypto wallets missing
Since its "presale" in 2014, the owners of Ethereum have lost their crypto wallets containing 532,426 Ethereum with a current market value of $1.6 billion. ...
Nelco and Telesat conduct LEO satellite demonstrations in India
Nelco and Telesat have successfully conducted their first in-orbit demonstration of high-speed broadband connectivity in India with Telesat's Phase 1 Low Earth Orbit (LEO) satellite, marking yet another milestone for bringing next-generation satellite communication technologies to the country....
Cloud based digital solutions will enhance agility, empower hybrid workspaces, and facilitate IP led innovation
Microsoft’s Future Ready Industry week, ITES edition brought together industry luminaries from across India’s dynamic ITES sector to share perspectives driving India’s digital transformation in the sector. Industry leaders from leading organizations like Tech Mahindra,...
Royce Thomas joins as President and Chief Business Officer of CtrlS
Royce Thomas, an industry veteran and a senior leader from the global data center, cloud technology and telecommunications industries has joined CtrlS as President and Chief Business Officer...
Syniverse joins hand with Twilio to unlock the power of communications technology
Syniverse and Twilio announced that the companies have closed on their previously announced strategic partnership. Twilio has invested $750 million for common equity in Syniverse, and the two companies have expanded their strategic and commercial partnership. Twilio is now a significant minority owner of Syniverse with Carlyle maintaining its majority stake....
Google collaborates with Samsung to help Android developers sync fitness data between apps
IT majors, Google and Samsung have collaborated to provide an opportunity to developers to sync users' health and fitness data between Android apps and their devices....
Capgemini to acquire Chappuis Halder & Cie to expand its consulting expertise in Financial Services
Capgemini has entered into a share purchase agreement (SPA) to acquire Chappuis Halder & Cie (Chappuis Halder), a global strategy and management consulting firm specializing in the financial services industry. ...
Google to remove abandoned apps from Play Store
Tech giant Google is preparing to exclude nearly 900,000 apps, which have been abandoned or not been updated from the Play Store. Google has some 869,000 abandoned apps or apps that have not been updated in two years....
Sindhu Gangadharan, MD, SAP Labs India appointed to Siemens India’s Board of Directors
Sindhu Gangadharan, SVP & MD, SAP Labs India and Head, SAP User Enablement has been appointed to Siemens India Board of Directors as an Independent Director. With this appointment, Sindhu brings decades of experience in technology and corporate leadership to help Siemens accelerate its growth in the region....