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Smartphone brand Realme to hire , people in India by the end of this year Smartphone brand Realm...
KPISOFT and EdCast announce partnership to power performance and learning for South East Asia, Middl...
Nestl Health Science to acquire IM HealthScien Nestl Health Science, a unit of Swiss food major Ne...
VMware, Inc. a software company to layoff 200 employees in India VMware, Inc., an American publicly traded software company has let go of nearly 200 employees in India as part of its latest workforce rebalancing plan to align its employees to its strategic objectives. According to TOI report, earlier in this year, VMware asked 200 of […]
Wipro completes acquisition of Brazilian IT firm IVIA Serviços for $22.4 mn Wipro on Saturday said it has completed the acquisition of Brazilian IT firm IT IVIA Serviços de lnformitica Ltda. In July, Wipro announced that it had signed an agreement to acquire IVIA for $22.4 million (about Rs 169 crore). IVIA is a provider of IT solutions including system […]
Oracle lays off developers in Commerce Cloud biz- Report San Francisco: Cloud major Oracle has reportedly laid off several developers who were part of its Commercial Cloud service owing to falling market share in that business vertical. A report in The Registrar cited “sources close to the development teams in Northern Ireland and Massachusetts, US” who confirmed a number […]
Tata Sons is likely to take over Air India by end of August 2020 The Tata Group is likely to make a formal bid to take over state-run Air India after months of considering acquiring the national carrier that has been put on the block by the central government. The airline was actually formed as […]
Integration to enable remote IT support and provide enhanced security solutions Wipro Limited, a leading global information technology, consulting, and business process services company, today announced that it will join forces with Intel to enable Wipro’s LIVE Workspace™, Wipro’s digital workspace solution with the Intel vPro® platform. This joint collaboration will help customers drive business continuity by enabling […]
ABB India opens new robotics facility in Bengaluru, Karnataka, India ABB India on Friday announced the opening of a new facility in Bengaluru that would enable it to deliver robotic applications and digital solutions for a variety of industries, including automotive, food & beverage, electronics, and other upcoming sectors., the company said in a statement. […]
European Commission clears Alstom’s acquisition of Bombardier Transportation The European Commission has given its go-ahead to the acquisition of the rail business of Canadian engineering firm Bombardier by French train maker Alstom Alstom and Bombardier welcome the European Commission’s (EC) decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom. The Commission’s […]
Most staff at TCS, Infosys, HCL, and Wipro continue to work from home In wake of the pandemic, the Department of Telecommunications (DoT) has extended the relaxation in work from home (WFH) norms till 31 December 2020, The move is appreciated and welcomed by the IT industry. This is the second extension of relaxations by […]
Swiggy is laying off 350 more employees as part of ‘final realignment exercise’ Swiggy lays off 350 more employees, two months after it shed 1,100 jobs across levels nationally to mitigate the coronavirus lockdown impact. Swiggy said in a statement, “In May, we began the exercise of realigning resources to create capacity in higher potential […]
Cognizant to Acquire New Signature, a Leader in Cloud-Native Business Transformation Cognizant has announced that it has entered into an agreement to acquire New Signature, one of the world’s largest independent Microsoft public cloud transformation specialists. The transaction is expected to close in the third quarter of 2020, subject to regulatory clearance and other closing conditions. Financial […]
Bharat Petroleum offers VRS to employees ahead of privatisation State-owned Bharat Petroleum Corporation Limited (BPCL) has brought a voluntary retirement scheme for its employees ahead of the government privatizing the country’s third-biggest oil refiner and second-largest fuel retailer. “The Corporation has decided to offer a Voluntary Retirement Scheme (VRS), with a view to enable employees, […]
Hindustan Unilever Limited (HUL) shuts down Haridwar plant after many employees test positive for coronavirus Hindustan Unilever temporarily shuts down the Haridwar plant as many employees have tested positive for coronavirus. The company did not disclose the exact number but said that its employees had been diagnosed with the coronavirus. “We can confirm that several […]
