Page 20 - Shivani Shinde

WazirX plans restructuring, seeks white knight; users set to lose 43% funds

WazirX customers may get anywhere between 55-57 per cent of funds back

TCS expands partnership to transform Primark's tech operations over 5 years

TCS will help Primark adopt a more agile and product-based operating model by enabling automation through intelligent automation and DevOps technologies

UPI transactions can touch 100 bn in next 10-15 years: Dilip Asbe

He was responding to a question posed by Kunal Shah, serial entrepreneur and founder of Cred, at the Global Fintech Fest on what will bring the next millions to the UPI ecosystem

'Finternet' the future of financing systems, says Nandan Nilekani

According to Nilekani, Finternet will be user-centric, unified, which means it will cover all types of assets, with a universal infrastructure

Japanese technology firm NTT Data aims to double market growth India

Company wants all units to clock 'hyper growth', says CEO of NTT Data India

SaaS startup Finarkein announces raising $4.75 mn in pre-series A round

Company's technology allows enterprises to co-create data products on India's digital public infrastructure

PhonePe turns profitable with adjusted PAT, revenue up 74% for FY24

This is the first time the company has reported profit on consolidated numbers

20 years since listing: TCS gives 77.5% cash returns to investors

In 2004, TCS made history with the first $1 billion initial public offering (IPO) by a private-sector company in India. Tata Sons diluted 14 per cent of its equity shares

Rajesh Nambiar appointed nasscom president-designate, succeeds Ghosh

With this appointment, Nambiar also resigns from his current position at Cognizant. He was Chairman and Managing Director of Cognizant India

Chevron to set up engineering & innovation center with $1bn investment

The centre will focus on improving operational reliability, low-carbon energy solutions, and subsurface geology for carbon storage

Google Search to expand AI Overviews to six new countries including India

The feature will soon be available in Google Search in the United Kingdom, India, Japan, Indonesia, Mexico, and Brazil

Bhavish Aggarwal's Krutrim to build, launch its first AI chip by 2026

Ola Cabs renamed as Ola Consumer

IT company TCS eyes 'Prime' campus talents with Rs 9-11 L offers

Colleges to ensure that those hired in this category don't apply elsewhere

Nykaa raises stake in Dot & Key, to acquire Earth Rhythm for Rs 44.5 crore

Dot & Key's revenue for FY24 almost doubled to Rs 198.3 crore from Rs 57.7 crore in FY23

Wipro CTO Subha Tatavarti resigns to pursue opportunities outside company

Choudhary's resignation came after the Asia Pacific, India, Middle East, and Africa chief executive, Anis Chenchah, resigned. Both these leaders had joined Wipro from Capgemini

HCLTech unit to acquire French software firm Zeenea for 24 mn euros

Indian company says acquisition will strengthen data and analytics business

IT companies face 'long curve' before revenue visibility from GenAI

Peter Bendor-Samuel, CEO, Everest, a research firm, said there was a long curve before GenAI started generating money

90% women view GenAI as crucial for career growth, says Nasscom-BCG report

As GenAI is projected to dominate 33 per cent of the global AI landscape by 2027, the AI market is expected to reach $320-380 billion, growing at a CAGR of 25-35 per cent, said the report

Quality, flexibility key to winning Indian news subscriber: Study

The report also said that user preferences vary interestingly by language

US jobs data fallout: Recession fears add to IT services sector concerns

Market sources and media reports concur that today's global sell-off may trigger an early rate cut by the US Federal Reserve