News

On Monday, payment service provider Razorpay announced it has raised $160M driven by Sequoia Capital and GIC at valuation of $3B. Razorpay became a unicorn in October last year has...

Flipkart announced the decision to acquire travel tech firm Cleartrip, an online platform for booking flight tickets, hotel packages. Today, In a statement, Walmart-owned e-commerce firm Flipkart said that the...

Pine Labs announced that the company has acquired Southeast Asian consumer fintech startup Fave for $45 million.  Fave provides a platform for offline merchants to connect and retain customers by using gift cards...

In 2020, due to COVID-19 outbreak, businesses faced difficulties maintaining their workflow, operations, cash flow. Companies minimized, held, or delayed the spending. Despite these, semiconductor revenue generated hyper-scalelion in 2020,...

ArcelorMittal has selected Global IT firm Infosys to accelerate its digital transformation journey. As per the contract, Infosys will deliver next-generation application and business process management (BPM) services to ArcelorMittal...

Digitization and technology led solutions helping companies to continue the workflow during a pandemic outbreak. According to the latest Gartner forecast, Worldwide IT spending is forecasted to reach $4.1 trillion...

IT Business consulting firm Wipro announced the appointment of Subha Tatavarti as Chief Technology Officer (CTO). Unitd State based Subha Tatavarti has worked at PayPal for a decade before joining...

Global IT firm Wipro announced the acquisition of 'Ampion' an Australian cyber security, DevOps, and quality engineering services provider, for $117 million. The acquisition is supposed to conclude in the...

The server market in India saw a year-over-year (YoY) decline of 11.2% in terms of revenue to reach $266.1 million in the Q4 of 2020 (Oct-Dec) versus $299.6 million in...

In a survey conducted by Gartner, Inc, fifty-five percent of CIOs plan to increase their total number of full-time employees (FTEs) in IT across the course of 2021. They will...