Software

Nayara suit against SAP over software service halt in Delhi HC next week

The Delhi High Court will next week hear Nayara Energy's lawsuit against German software company SAP's India unit suspending software services critical to its operations. Nayara had approached the Delhi High Court in September last year after SAP India Pvt Ltd suspended services citing European Union sanctions. The Court, which had denied urgent relief, is scheduled to hear the petition on March 16, people aware of the matter said. The European Union (EU) had last year imposed sanctions on Nayara for its ties to Russia and for refining Russian oil. Nayara Energy argued before the Court that its agreement is with SAP India, an Indian entity, and therefore, not subject to the EU sanctions. However, SAP India contended that its parent company is based in Germany and it cannot provide its services without their support. This, it argued, is an "extraterritorial application of law" threatening Indian energy security, as they produce a significant portion of India's petroleum. Such a mov

Apple makes changes to iOS software in face of stricter Japanese rules

The company announced a compliance plan on Wednesday for Japan's Mobile Software Competition Act, or MSCA, which was passed last year and goes into effect this week

Airbus says majority of recalled 6,000 A320-family jets now modified

But some require a longer process and Colombia's Avianca continued to halt bookings for dates until December 8

Software firm Salesforce to train 100K Indian learners in AI by June 2026

Salesforce, in partnership with SmartBridge, will train 100,000 learners across Tier-II and Tier-III cities in AI skills under the YuvaAI Bharat: GenAI Skill Catalyst programme by June 2026

IBM to cut thousands of jobs as focus shifts to software services

IBM reported a slowdown last month in its core cloud software segment, sparking concern among investors who had been banking on the company's capacity to capitalise on the demand for cloud services

OnePlus to launch Android 16-based OxygenOS 16 on Oct 16: What to expect

OnePlus will unveil OxygenOS 16 today at 8 PM IST, introducing Flow Motion animations, enhanced multitasking, deeper Gemini AI integration, and new O+ Connect features for cross-device sharing

Girish Mathrubootham retires from Freshworks to focus on Together Fund

Mathrubootham has led the company since its inception in 2010 and spearheaded its initial public offering in 2021

Ola Electric announces mass roll-out of MoveOS 5: Check new features

The MoveOS 5 upgrade will be rolled out to all S1 and Roadster X vehicles via an OTA update, offering 50+ new features including ride customisation and improved battery control

Oracle, OpenAI expand Stargate deal to build more US data centres

Oracle shares gained as much as 3.9 per cent to $227.46, a record high, following the news. The stock has jumped 36 per cent this year, fueled by investor enthusiasm in its cloud business

GenAI disrupts software ADM market, 10-15% of IT services revenue at risk

While revenue growth from AI is still marginal, the larger question is how the industry can reinvent itself when one of its largest revenue pools becomes less labour-intensive

US-based Guidewire Software planning to double India headcount in 3 yrs

The planned expansion will see India representing nearly a quarter of the company's global workforce

Today's handloom weavers? Software coders face an automation threat

As you can see, what was seen as a possible catastrophe became in India a stepping stone to its rise in global prominence, all because of the talented, large-scale workforce

Infosys sues Cognizant, claims unfair trade practices in US court fight

Infosys has escalated its legal battle against Cognizant, accusing the US-based firm of anti-competitive practices and monopolisation in the healthcare software market

Cornerstone Ventures to raise $200 million in its second fund by 2025 end

Through its second fund, the company aims to focus on companies operating in the domains including agentic AI, quantum tech, and Web3

Indian SaaS market likely to grow to $100 billion by 2035, says report

Digital-native businesses will increase their software spend from $4.6 billion in 2025 to $26 billion by 2035, as they build deeper digital capabilities

Perfios acquires debt recovery platform, second acquisition in a month

The inorganic push comes as the company plans to complete its value chain in financial offerings in the business-to-business (B2B) sector from underwriting to debt recovery

Apple updates Final Cut Pro, Logic Pro on Mac and iPad: Check what's new

Final Cut Pro 11 for Macs introduces AI-powered features for auto-generating captions and isolating subjects from the background without a green screen or manual tracking

IBM shares near record level as company shifts focus to software, AI

International Business Machines Corp. is up 26 per cent this year, beating tech giants like Apple Inc., Microsoft Corp., Amazon.com Inc. and Alphabet Inc

Technopark's software export revenue up 14% at Rs 13,255 cr in FY24

The revenue from software exports by the IT and IT enabled services companies of the Kerala government-owned Technopark has reached Rs 13,255 crore for the Financial Year (FY) 2023-24, marking a 14 per cent growth compared to last year, the IT hub authorities said on Saturday. The software export revenue of Technopark for the FY 2022-23 was Rs 11,630 crore. "The revenue from software exports by the IT/ITEs companies of Technopark has clocked Rs 13,255 crore for the Financial Year (FY) 2023-24, marking a 14 per cent growth compared to last year," Technopark said in a release. The premier IT hub of the country, which covers a total area of 768.63 acres with 12.72 million sqft built up space, houses as many as 490 companies, providing 75,000 direct jobs and two lakh plus indirect jobs. Col Sanjeev Nair (Retd), CEO, Technopark, said the stellar performance tells a growth story of the vibrant IT ecosystem in Kerala and the business vision and professionalism of the in-house companies.

Focus remains strong in delivering innovative solutions: Ramco Systems

Ramco Systems was well-positioned to capitalise on the opportunity as demand for transformation continues to grow and focus remains strong to deliver innovative solutions that drive efficiency and productivity, a top official has said. The focus of the city-based enterprise software product provider, remains strong to deliver innovative solutions that drive efficiency, productivity and competitive advantage for the clients, Chairman P R Venketrama Raja said. "Businesses worldwide are significantly increasing their technology investments. Organisations are prioritising digital transformation initiatives, recognising that their competitive edge and value creation depend on effectively leveraging technology across processes, products, services and customer experiences," Raja said. Ramco Systems was witnessing the beginning of a turnaround with several positive developments across operations. "We have been working tirelessly to strengthen our core operations to seize new growth ...