News

Russia`s Sberbank establishes major IT unit in Bengaluru Sberbank's branch in India has received permission from the Reserve Bank of India (RBI) to establish an IT unit here. The new IT office will house Sberbank's in-house Data Processing Center, official release stated on Friday. Bengaluru is India's third biggest city and the country's leading scientific and industrial center, specializing, amongst other things, in aerospace, engineering and electronics industries and development of IT products. While Sberbank's Indi...
Russia`s Sberbank establishes major IT unit in Bengaluru
Russia`s Sberbank establishes major IT unit in Bengaluru
Source: IANS
21/07/2023 2:18:57 PM
Axis AMC Acumen Note - Does Indus Valley need to fear Silicon Valley   I hope this email finds you well. I am reaching out to you regarding an important and timely topic that has caught the attention. In light of recent bank collapses in the West, we have mentioned the potential implications for the Indian banking system. Please find attached for your reference is the note on “Does Indus Valley need to fear Silicon Valley”   The financial world has been grappling with the fallout from the collapse of a few banks in the West....
Axis AMC Acumen Note - Does Indus Valley need to fear Silicon Valley
Axis AMC Acumen Note - Does Indus Valley need to fear Silicon Valley
Source: PR Agency
20/05/2023 11:29:34 AM
Jyotiraditya Scindia launches non-stop flight between Mumbai and San Francisco Civil Aviation Minister Jyotiraditya Scindia on Thursday launched first-ever non-stop flight between Mumbai and San Francisco. Air India will operate the flight three times a week on Tuesdays, Thursdays, and Saturdays with the newly-inducted Boeing 777-200LR aircraft. This will take Air India's India-US frequency to 40 non-stop flights per week. Presently, Air India operates non-stop flights from Mumbai to Newark, from Delhi to New York, Newark, Washington DC, San Francisco, and Chi...
Jyotiraditya Scindia launches non-stop flight between Mumbai and San Francisco
Jyotiraditya Scindia launches non-stop flight between Mumbai and San Francisco
Source: IANS
16/12/2022 10:18:00 AM
Indian firms must create own models to avoid massive layoffs: Zoho's Sridhar Vembu  As Meta, Twitter and the rest of the Big Tech companies sack thousands of employees which has hit India too, Sridhar Vembu who is CEO and Co-founder of Zoho Corporation said on Monday that we need to create our own value system which is not imported or borrowed from the Silicon Valley in the US. According to Vembu, who has built a billion-dollar product company in India, told IANS that Silicon Valley has always faced big booms and huge busts in the past and this is the first time it ...
Indian firms must create own models to avoid massive layoffs: Zoho's Sridhar Vembu
Indian firms must create own models to avoid massive layoffs: Zoho's Sridhar Vembu
Source: IANS
14/11/2022 10:53:18 AM
Automation Anywhere raises $200 mn to help firms build digital workforce  Robotic process automation (RPA) leader Automation Anywhere on Monday said it has secured $200 million in financing from Silicon Valley Bank, SVB Capital, and Hercules Capital and this will further help companies build a digital workforce. According to Gartner, automation could result in a $15 trillion benefit to the global economy by 2030. In 2022, Automation Anywhere cloud customers have run an estimated 50 million automations, with leading companies deploying thousands of bots ...
Automation Anywhere raises $200 mn to help firms build digital workforce
Automation Anywhere raises $200 mn to help firms build digital workforce
Source: IANS
4/10/2022 9:20:32 AM
Crypto exchange FTX denies it is acquiring Robinhood Global crypto exchange FTX has clarified that it is not in active talks to acquire Silicon Valley-based online trading app Robinhood, the media reported on Tuesday. A TechCrunch report said that FTX is "excited" about Robinhood's business prospects but is not talking about acquiring the platform. "We are excited about Robinhood's business prospects and potential ways we could partner with them, and I have always been impressed by the business that Vlad and his tea...
Crypto exchange FTX denies it is acquiring Robinhood
Crypto exchange FTX denies it is acquiring Robinhood
Source: IANS
28/06/2022 10:19:49 AM
Adani Group to set up hyper-scale data centre near Kolkata Adani Enterprises will be setting up a hyper-scale data centre at Bengal Silicon Valley in the New Town area in the northern outskirts of Kolkata, according to the West Bengal Commerce and Industries Minister Partha Chatterjee. "We have already allotted 51.75 acres of land for that purpose at Bengal Silicon Valley. The land is being allotted on the basis of a 99-year lease," he told media persons at the Assembly premises here on Monday. However, Chatterjee declined to comment ...
Adani Group to set up hyper-scale data centre near Kolkata
Adani Group to set up hyper-scale data centre near Kolkata
Source: IANS
7/06/2022 8:38:11 AM
Startup cradle: Home of unicorns looks beyond Silicon Valley tag Bengaluru continues to hold and cherish the 'Silicon Valley' tag despite infrastructure challenges, soaring land prices. It continues to be the home for 'unicorns' and 'soonicorns'. The Karnataka capital is successfully facing competition from states like Uttar Pradesh and Telangana and is now looking beyond being a tech hub to also taking strides in the manufacturing arena. Along with the software industry, Bengaluru has also established itself as an ideal destinat...
Startup cradle: Home of unicorns looks beyond Silicon Valley tag
Startup cradle: Home of unicorns looks beyond Silicon Valley tag
Source: IANS
12/12/2021 12:07:22 PM
Angel Broking appoints Silicon Valley Techie Narayan Gangadhar as its new CEO Mumbai: Taking its Fintech First ambitions a notch higher, FinTech brokerage firm Angel Broking has appointed Silicon Valley veteran Narayan Gangadhar as its new CEO. Narayanhas more than two decades of global experience leading technology businesses at top tier Silicon Valley companies, such as Google, Microsoft, Amazon and Uber. He brings a lot of operating experience leading highly disruptive businesses by driving innovation in product, technology, capability building and processes auto...
Angel Broking appoints Silicon Valley Techie Narayan Gangadhar as its new CEO
Angel Broking appoints Silicon Valley Techie Narayan Gangadhar as its new CEO
Source: PR Agency
23/04/2021 6:14:37 PM