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, […]
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 […]
Tech-based firm Yango, on Monday, launched Yango Drive, a new digital car rental platform in Dubai which aims a convenient and eco-conscious car rental experience for riders as well as it aims to reshape the car rental industry. The firm said the application is a comprehensive car rental marketplace where selected car rental companies from […]
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 […]
Software development, Salesforce, along with its peer Informatica, on Sunday, backed off their potential agreement of acquisition due to mutual differences in terms and conditions, based on the report of Wall Street Journal. The firm has not released any official statement specifying the reason behind the breakdown of negotiations. Based on the report of Reuters, […]
The tech giant Microsoft launched an AI application, VASA-1, which is capable of generating lifelike talking faces of virtual characters using just still images or pictures. The firm said the newly introduced VASA-1 aims to create moving pictures with lip movements which synchronize with the audio and also capture facial nuances as well as head […]
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 […]
ACWA Power, a leading developer and operator of renewable energy projects, on Thursday, signed a pact to partner with the International Renewable Energy Agency (IRENA) for the improvement of the global transition towards clean energy. ACWA and IRENA will focus on developing key areas like green hydrogen, solar power, smart grids, and the water-energy nexus. […]
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 […]
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, […]
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 […]
Cloud solutions provider Oracle Corp, on Wednesday, revealed the company will invest over $8 billion to feed the growing demand for cloud computing and artificial intelligence (AI) endeavours in Japan over the next decade. This substantial commitment underscores Oracle’s dedication to bolstering Japan’s digital transformation, said the company. The tech firm also said the investment […]
E-commerce giant Amazon, on Wednesday, said it will launch numerous small third-party Just Walk Out stores in 2024 than before, doubling the number of third-party outlets with technology this year. Dash Carts will soon be available at all Amazon Fresh stores in the United States and specific third-party outlets too, said the company and added, […]
Construction company Ambuja Cements, on Wednesday, said it achieved a significant milestone in its growth trajectory under the Adani portfolio with an additional investment of ₹8,339 crore ($998.3 million) in the warrants program. The construction firm said the company’s promoter raised its overall investment to ₹20,000 crore, which resulted in a 3.6% increase in Adani’s […]
Amazon-owned Amazon Music, on Wednesday, launched a new feature called Maestro, an AI playlist generator, which is currently rolling out in beta to a small number of customers in the US region on all tiers of Amazon Music. The tech giant said it looks to make the playlist generation process easier and fun with chatbot […]
