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Walmart to expand its India R&D centre

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Walmart, the world’s largest retailer, said on Tuesday it would have 200 research and development (R&D) engineers at the @WalmartLabs centre in Bangalore. In November last year, the company had announced plans to set up an R&D centre in Bangalore, responsible for creating the next generation products and platforms for Walmart’s e-Commerce business globally.

The company has since then build a team of about 20 people in Bangalore. It aims to add another 180 people by the end of 2012, according to senior officials of the company. They also said resources located in Bangalore would work in core R&D works, including new platform developments, analytics, big data and system integration. This is in line with the company’s strategy to provide the customers ‘anytime, anywhere’ access to its products through mobile devices, internet or at physical stores.

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TCS chief Chandrasekaran takes over as Nasscom Chairman

TCS chief N Chandrasekaran today took over as Nasscom Chairman for 2012-2013, the software industry body.

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