Page 5 - Digital

Indian IT spending to rise 7% to reach $101.8 billion in 2022: Gartner

Indian CIOs are likely to increase spending on projects that drive innovation and modernise legacy systems, Hiring suitable workforce will also be a key priority, says research firm

TCS takes its digital workforce learning to Swiss Re, other clients

The company recently signed a deal with Swiss Re to help the latter build a more social and open digital workspace leveraging the cloud

Google for India bets on digital skilling; small biz, language focus stays

Google's India chief Sanjay Gupta said Indians are now spending 20% more time on smartphones with 2.5x more smartphone users in past 12 months compared to the previous year

Chennai-based FSS partners with Bangladesh bank for digital commerce growth

This partnership will enable FSS to provide its omni-channel acquiring platform to BRAC Bank to onboard merchants and enable digital payment acceptance across multiple touchpoints

B2B player Solv crosses Rs 1,200 cr transaction run rate with 100,000 MSMEs

The pureplay marketplace plans to triple transaction volumes on its platform in 12 months, on the back of a robust KYC-verified MSME customer base

Tech Mahindra Q2 net up 26% YoY to Rs 1,339 cr, down slightly sequentially

Firm announces two acquisition in digital space

Indian companies to raise Rs 75,000 cr via IPOs in next 6 months, says KPMG

A lot of money printed during the Trump administration is invariably finding its way to the stock markets globally and India is one of the beneficiaries, says a KPMG executive

Ananth Narayanan-led Mensa Brands invests in 10 fashion and beauty brands

Over the next three years, Mensa will acquire over 50 brands across categories including home, garden, apparel, personal care, and beauty

Indian IT's Q2 results to reflect growing digital transformation demand

Key metric to watch will be TCV wins, and attrition

DMI Alternatives raises $40 mn for investing in digital finance ecosystem

The firm's Sparkle Firm has invested $10 mn across various companies including M2P, Credgenics, Servify, Uni and Mobikwik

Eccentric Engine launches a virtual concierge for Nissan Magnite

Claims its the first such digital platform industry globally

Expect India to be one of fastest-growing markets: Salesforce India CEO

Under her leadership, the India headcount for the tech giant has doubled since the lockdown last year to 5,000 and it is expected to reach 6500 by the end of the year.

'New Economy' firms to be India's growth engine, says HSBC

The two new economic engines stand to gain from India's large, young labor force, as well as from global changes, HSBC analysts said in a report to clients.

Future Consumer focusing on Digital First model across brand activities

The company said it believes that "habits formed in current times will tend to remain in the long term as well".

Bandhan Bank to invest in digital capabilities as a part of Vision 2025

Speaking at the sixth foundation day programme of the bank, Ghosh said the bank will also leverage machine learning and artificial intelligence.

'Firms behind in digital goals, even as pandemic caused productivity loss'

The survey was conducted among business leaders across 750 enterprises globally, across 11 countries and classifies them into three distinct categories as per their digital maturity stage.

Digital deals propel IT revenues; higher salaries to dent profits in FY22

Indian IT services companies are likely to post a 9-12 per cent revenue growth in USD terms in FY22, helped by the strong demand for digital deals, a report said on Tuesday.

Tata Teleservices, Zoom partner to provide bundled communication services

Tata Teleservices will leverage Zoom's robust and secure platform to address the growing collaboration requirements of Enterprises for seamless unified communications

Digital and soft skills equally important for jobs of the future: Oracle

Says pace of skills transformation is slower than the pace of digital transformation in India, as is the case in several countries across the world

PSBs in talks for creating common digital infrastructure platform

Will set up a corporation to enable enhanced access to customers and businesses for credit offerings. This is in line with govt steps to boost digital banking and promote digital lending