TCS expands outsourcing deal with US Airline JetBlue

Tata Consultancy Services said it will expand its three-year engagement with US Airline JetBlue to include several new projects. The initial contract covered areas such developing new platforms, quality assurance and infrastructure services. Under a new deal, TCS will now provide new services to improve data analytics and operational agility, and to develop innovative tools […]

L&T Infotech sets up Coupa Center of Excellence

Larsen & Toubro Infotech said it will establish a Center of Excellence in partnership with Coupa, a cloud-based spend management and procurement software platform. The center will develop spend management solutions to help companies control and regulate all forms of expenditure and streamline the procurement process, the company said. “This partnership will add to the […]

Singtel buys stake in Bharti Airtel from Temasek

Singtel today entered into conditional share purchase agreements with Singapore’s sovereign investment firm Temasek to acquire 7.39% of Bharti Telecom — the holding company of Bharti Airtel — and 21% of Intouch Holdings — which holds stake in Thailands’ biggest mobile operator — for a total consideration of S$2.47 billion. Intouch is the biggest shareholder […]

Munger becomes first fully electrified district in Bihar

Munger in South Bihar has become the first fully electrified district in the state. A total of 27 districts are being electrified under “Deen Dayal Upadhyay Rural Electrification Scheme.” “The deadline for completion i.e. 20 August 2016 was extremely challenging, yet the company was able to complete the task well before deadline,” said Ashoka Buildcon, […]

Middle East Under Operation Ghoul Cyber Attacks, finds Kaspersky Lab

New waves of Cyber attacks called Operation Ghoul that started on the 8th and the 27th of June 2016 threatens the Middle East region, Kaspersky Lab said. “The attackers try to lure targets through spear phishing emails that include compressed executables. In the majority of cases, CEOs, COOs, managers, supervisors and engineers recieve the email […]

DBS taps Siri-like artificial intelligence to ease banking pains

Customers of DBS, one of the leading banks in Asia, will soon be able to carry out their banking operations by via text chat. Customers will be able to use natural text messaging to converse with DBS from their favourite mobile messaging app, manage their money across accounts, track expenses and even make payments in the process, […]

Aksh Optifibre to complete acquisition of Unitape within 15-20 days

Aksh Optifibre Ltd. will complete the acquisition of Unitape Mandovi Pvt. Ltd.Composites within 15-20 days, the company said. It said it decided to buy Unitape as it was engaged in the business of manufacturing fibre re-inforced plastic (FRP) rods. Aksh said FRP rods was also its own main line of business. Unitape has a production […]

Tree house says new share swap ratio to savage Zee Learn deal

Tree House Education & Accessories Ltd today said they are changing share swap ratio with Zee Learn Ltd to salvage the merger deal and ensure consolidation of business. “Board of directors shared that in order to move the merger ahead in the right direction and salvage the deal with ZLL, the management of THEAL had to re-work […]

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