Ritambhara Jha

97 published stories

Ritambhara Jha is a Trainee Correspondent at Business Tabloid, covering news of various business sectors in the Indian market. She also reports industry updates and market performance of Indian start-up companies. She has a strong interest in reading books on journalism, psychology and philosophies.

Technology

Sharp to Invest About $5 Bln in Display Fab Factory, Says Times of India

Japanese electronics company Sharp said it is planning an investment of $3 billion to $5 billion to establish a display fabrication unit in India, reported the Times of India on Saturday. The proposed 1,000-acre plant will fill the need for exports and domestic production, serving as a global manufacturing hub, added the news report. The […]

Ritambhara Jha29 April 20241 min read

Finance

Swiggy Secures Shareholder Approval for $1.25 Bln IPO

Food and grocery delivery company Swiggy, on Tuesday, received approval for the initial public offering (IPO) of ₹10,414 crore ($ 1.25 billion) from its shareholders, based on the report of the Economic Times. The online food delivery aims to raise ₹3,750 Crore in fresh capital and the IPO will include an offer-for-sale (OFS) component of up […]

Ritambhara Jha26 April 20241 min read

Finance

BharatPe Launches Payment Device BharatPe One

Financial service provider BharatPe, on Tuesday, launched BharatPe One, an all-in-one payment product that integrates point of sale (POS), quick response (QR), and speaker into one device. The fintech company said this product is designed to help retailers simplify transactions by providing payment acceptance options including active and stagnant QR codes, tap-and-pay, and standard card payment alternatives across a […]

Ritambhara Jha24 April 20241 min read

Finance

Razorpay, Airtel Payments Bank Partners to Launch UPI Switch

Financial solutions company Razorpay, on Tuesday, launched Unified Payments Interface (UPI) Switch, in partnership with Airtel Payments Bank to handle up to 10,000 transactions per second (TPS) at any given time. The company said the solution is a UPI infrastructure and next-generation cloud-based innovation that is aimed to increase success rates by 4-5%, while also providing businesses with five times faster access […]

Ritambhara Jha24 April 20241 min read

Technology

Cognizant, Microsoft Partner to Expand Adoption of GenAI

Digital transformation service provider Cognizant and Microsoft expanded its partnership, on Monday, to make Microsoft’s generative artificial intelligence (GenAI) and Copilots available to its users. The firm said with this collaboration it looks to transform enterprise business operations, improve employee experiences, and accelerate cross-industry innovation. As part of the partnership, Cognizant said it purchased certain […]

Ritambhara Jha23 April 20241 min read

Leadership

Pine Labs’ Setu Appoints Anand Raisinghani as CEO

Pine Labs’ subsidiary Setu, on Monday, appointed Anand Raisinghani, former Vice president of SAP India, as its Chief Executive Officer succeeding Sahil Kini, Co-Founder of Setu, effective immediately. The newly appointed Executive chief, most recently served as Vice President and Head for professional services BFSI at SAP India for over 6 years. Prior to this, […]

Ritambhara Jha23 April 20241 min read

Banking

Airtel Payments Bank Launches NCMC

Fintech company Airtel Payments Bank, on Monday, launched National Common Mobility Cards (NCMC), eco-friendly debit and prepaid cards, in collaboration with National Payments Corporation of India (NPCI) powered by RuPay. NCMC offers a unified payment system for accessing various types of commuting services including metro, rail, parkingand bus.The bank said it offers these interoperable cards […]

Ritambhara Jha22 April 20241 min read

Technology

Infosys Acquire In-tech to Strengthen Footprint in Europe

Infosys, digital services and consulting company, on Thursday, acquired In-tech, automotive solution provider, by signing a definitive agreement to expand its footprints in Europe as well as bring innovation to the automotive industry. The Indian-based firm said this acquisition will enhance engineering research and development (R&D) capabilities. Additionally, the firm-added In-tech will bring marquee German […]

Ritambhara Jha22 April 20241 min read

Technology

ITC Infotech Acquire Blazeclan to Accelerate Clients’ Digital Transformation Drive

Global technology solution and services leader ITC Infotech signed a definitive agreement to acquire 100% shareholding of Blazeclan Technologies (Blazeclan) on Thursday, to assist clients in steering their digital transformation path. The company said the acquisition reinforces ITC Infotech’s commitment to delivering business solutions based on strong cloud capabilities. This acquisition will strengthen ITC Infotech’s […]

Ritambhara Jha19 April 20241 min read

Technology

LTIMindtree, Vodafone Collaborate to Deliver Smart IoT

LTIMindtree, a technology consulting company, collaborated with Vodafone on Thursday, to offer connected and Smart IoT (Internet of Things) solutions, powered by its Insight NXT platform (iNXT) and Vodafone’s IoT Managed Connectivity that will enable Industry X.0 and digital transformation across multiple vertical sectors. The company said the iNXT Business Unit brings technical and functional […]

Ritambhara Jha19 April 20241 min read

Technology

IBM Offers Meta’s Llama 3 Open Models on Watsonx

IBM, an IT services and consultancy company offered the availability of Meta Llama 3, the next generation of Meta’s open large language model (LLM), on its Watsonx artificial intelligence (AI) and analytics platform yesterday. Meta Llama 3 (Meta AI) is the latest build of accessible AI assistants, and an open-source LLM designed for developers, researchers, […]

Ritambhara Jha19 April 20241 min read

Technology

Infosys Joins Proximus to Revamp CSM Operations

Digital services and consulting company Infosys, on Wednesday, collaborated with Proximus a telecommunications company, on ServiceNow platform to transform its customer service management (CSM) operations. The company said it assisted Proximus in standardizing its existing procedures on the ServiceNow platform. The tech assistance company said it has replaced Proximus’ CSM operations with Infosys Cobalt, a […]

Ritambhara Jha18 April 20241 min read