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Amazon acquires Perpule for Rs 108 cr
Amazon Technologies has acquired Bengaluru-based retail tech start-up Perpule for about Rs 107.6 crore. The acquisition will allow Amazon to offer Perpule's 'UltraPoS' and other new technology products to its kirana partners. ...
InMobi may come up with an IPO in the US
As per news source, the global mobile-advertising services provider, InMobi Pte is considering a listing in the US by the end of this year. The size of the offering could be $1 billion, valuing InMobi at $12 billion to $15 billion, the source said. ...
Gig economy able to serve upto 90 million jobs in India
The gig economy can serve up to 90 million jobs in the non-farm sectors in India with a potential to add 1.25 percent to the GDP over the "long term". ...
ITI inks partnership with Thalamus Irwine to jointly bid for health projects
ITI Ltd stock is surging after it announced joint bid from it and domestic AI firm Thalamus Irwine for health projects....
Over Half of CIOs Plan to Increase Full-Time Employees in IT to Accelerate Digital Initiatives in 2021
Fifty-five percent of CIOs plan to increase their total number of full-time employees (FTEs) in IT across the course of 2021, according to a recent survey* from Gartner, Inc....
Lenovo names Amar Babu to head Asia Pacific Business
Lenovo has appointed Amar Babu to lead the company’s business in the overall Asia Pacific region, including Japan, Korea, Taiwan, Hong Kong, ASEAN, Australia, New Zealand...
Linksys announces Strategic Alliance with Fortinet
Linksys and Fortinet have announced a strategic alliance with the intent to further secure and optimize the performance and management of home networks in today’s work from home environment....
Nomura marks $2 billion loss at US unit
Nomura Holdings has flagged a possible $2 billion loss at a U.S. subsidiary, prompting Japan’s biggest brokerage and investment bank to shelve a hefty bond issuance and sending its stock tumbling...
McKinsey claims companies 'prone to self-delusion' when using cloud
According to Gartner, worldwide expenditures on public cloud services will balloon to $362.2 billion in 2022 from $257.5 billion last year - a 41% increase, according to estimates by...
India emerges as the fastest growing country in the world by open source contribution
GitHub has announced new programs for developers, students and startups in India at the GitHub Satellite India virtual event, kicking off today...