News

TCS and Vanderbilt University partner for healthcare and life sciences

NEW DELHI, INDIA: Tata Consultancy Services has announced a new partnership with Vanderbilt University Medical Center (VUMC) to drive innovation in the healthcare and life sciences fields. TCS and VUMC will drive specific research in areas including; genomics, metagenomics, systems

New payment technologies, US Elections: Top targets of cyber-criminals in 2016

MUMBAI, INDIA: Next year promises to be super interesting what with the US elections and payments technologies likely to dominate the whole of next year. No wonder, security vendors are predicting the US presidential election cyber-antics; cyber-criminals pickpocketing the wallet

Silicon Valley start-ups score over India in VC evaluation

BENGALURU, INDIA: Even as investors and supporting bodies brag about the growing confluence of the start-up industry in India, corporate venture capital arms are giving the domestic start-ups a royal miss. Instead, they are looking at Silicon Valley-based start-ups. For

Cognizant commits Rs 260 crore for Chennai flood relief

CHENNAI, INDIA: Cognizant, one of Chennai’s largest employers with more than 60,000 employees and 11 facilities will take a multi-pronged approach to support relief and longer-term rehabilitation measures in the city. In a prepared statement the company said it will

India to generate 2.7 lakh new jobs in 2016: NASSCOM

HYDERABAD. INDIA: Industry body NASSCOM is confident that India will generate 2.7 lakh new jobs in the next 12 months. BVR Mohan Reddy, Chairman, NASSCOM, affirmed that the industry will manage $20 billion worth of extra revenues in 2016—an increase

Chennai floods loss pegged at approximately Rs 25,000 crore

MUMBAI, INDIA: As the rain water subsides in Chennai, businesses are busying themselves counting the losses caused but the torrential downpour that rocked the state since last month. While the specific number will emerge at a later date, a Times

Using analytics for social good

Author :

SINGAPORE: As young, eager and ambitious students with keen interest to put their newly acquired knowledge of data analytics to good use, they are often looking for real world business problems to solve. At the same time, there are many

First Apple store in SE Asia to come up in Singapore

SINGAPORE: Apple Inc will open its first retail store in Singapore, its first ever in South East Asia, in 2016. Solar energy developer Sunseap Group said in a statement that it will provide the store with renewable energy by harnessing

Apple faces $862 million payout suit

MUMBAI, INDIA: Consumer giant Apple which created ripples globally with the launch of its latest iPhones, may have to shell-out $862.4 million toward patent infringement. Apple is alleged to have used patented technology developed by a Wisconsin university team including

How did BSE clock a median trade speed of six micro seconds?

MUMBAI, INDIA: The Bombay Stock Exchange (BSE) today disclosed that it has become the world’s fastest stock exchange clocking a median trade speed of six micro seconds. “BSE has become the fastest exchange in the world with a median response

Customer trends that defined TCS’s strong Q2 growth

MUMBAI, INDIA: The TCS result yesterday highlighted some interesting customer trends across verticals, across geographies. We list some key trends in the services, digital and platforms. Services: BFSI: Selected as strategic partner by a large mutual life-insurance company and a

Korea to boost OLED industry

SEOUL, S.KOREA: Korea has already designated OLEDs as one of the next-generation key items. The government now plans to expand tax benefits, tariff cuts and various kinds of administrative support to LG in an attempt to expand the country’s footprint

ZenithOptimedia to set up Singapore technology hub

SINGAPORE:ZenithOptimedia, a media services firm, has announced plans to set up its first regional analytics and technology hub for Asia in Singapore. Gerry Boyle, chairman of ZenithOptimedia Asia Pacific, said, “This initiative recognises the increasing importance of creating Asia-specific data

Government owes Rs 5,000 crore in contract payments to IT services companies

MUMBAI, INDIA: Industry body NASSCOM has expressed concern over the pending dues to the IT services firms, by various government organizations. According to NASSCOM, various government departments owe about Rs 5,000 crore in contract payments to IT services companies. Large

Hockey World League begins online ticket sales

RAIPUR, INDIA: Hockey India (HI) on Thursday has started the online ticket sales for the much awaited eight-nation Hero Hockey World League (HWL) final to be held from November 27 to December 6, 2015. Priced at Rs 50, 100 for

Google, Yahoo, Bing must stop pre-natal test ads

NEW DELHI, INDIA: In a bid to fight increasing menace of female infanticide, the Center has urged the Supreme Court to direct search websites to withdraw and stop advertisements determining sex tests. The initiative is a part from the Center

OnePlus and RangDe unite to empower women entrepreneurs

BENGALURU, INDIA: OnePlus, a fast growing global technology start-up, and RangDe.org, India’s first Internet-based peer-to-peer micro-lending organization have announced the Power of One initiative to empower women entrepreneurs on the occasion of the Joy of Giving Week. The campaign leverages

Man befriends minor on Facebook, rapes her at party

MUMBAI, INDIA: The Mumbai police recently arrested three men on charges of raping a minor. The three accused have been identified as Kaustubh Chavan (21), Deepali Ahire (25), and Mandar (30). According to the police, Chavan befriended the victim on

Wipro accused of sexism; dragged to court

MUMBAI, INDIA: Wipro, one of the top 5 IT services companies in India, also known for ethical best practices, is defending accusations of predatory sexism in a London court. A 39-year-old former female employee, Shreya Ukil has accused Wirpo of

SEBI nod for Infibeam’s Rs 450 crore IPO

NEW DELHI, INDIA: The Securities and Exchange Board of India (SEBI) has approved online shopping portal Infibeam’s proposal to raise Rs 450 crore through an initial public offer (IPO). This makes the Gujarat headquartered Infibeam, the first company in the