Everyone wants a piece of enterprise tech companies
While corporate software may sound painfully boring, advancements in cloud computing and machine learning mean enterprise companies can give employees creative outlets. Investors liken the new opportunities to those once sparked for consumer startups by the advent of smartphones.
Apps push Cisco’s data centre business forward
After the banking, financial sector and insurance (BFSI) space, the public sector is the faste...
Telcos ask finance ministry to clarify on import duty for routers
Increasing basic customs duties on tech products such as routers listed und...
Vexing questions over personal data protection bill hang over tech firms
Clarity on technical challenges of localisation, stipulated in the Data Protection Bill,is still missing.
Cisco looks to make hay as data bill may bring in deals from government, banks
The $52 billion tech leader has been focusing on software-led revenue growth and subscription-based deals across global markets. After the RBI mandated last year that data of all payment banks should to be stored in servers locally.
SoftBank Vision Fund’s Praveen Akkiraju is stepping down
SoftBank has raised roughly $2 billion for its second Vision Fund so it can start making new investments, people familiar with the matter said last month. Akkiraju’s departure follows the resignation of London-based Vision Fund partner David Thevenon.
Cybersecurity startup Lucideus raises $7 million
The startup, founded in 2012 and based in Palo Alto, is backed by John Chambers, the former chairman and CEO of networking gear maker Cisco.
Market Movers: What changed for D-Street while you were sleeping
The index formed a bearish candle on the daily chart, with an advance-decline ratio that was skewed in favour of the bears.
Telcos to defer 5G rollout for 5 years as prices too high
Exorbitant prices, insufficient spectrum and newer bands’ unavailability are about to mar India's 5G plans.
WWT to ramp up India presence
The $11 billion company has increased its headcount to 60 from 20 people a year ago and would continue to invest in its local operations, Matt Horner, SVP, Global Enterprise Sales, WWT said. The new centre will provide application development and testing services to other companies.
Average stipend offered for summer internship at IIM Indore up 12%
Female students on an average have received 24% higher stipend than their male counterparts in the summer internship placements, officials said. The highest stipend offered was Rs 4 lakh, the same as the previous year. IIM Indore has the biggest batch strength of 589 students in the class of 2021, including 258, or 44%, girls.
Cisco puts end to employee ratings
Cisco will now ask managers how they intend to invest in their teams, develop staff skills. The technology conglomerate is turning around the traditional model of performance management — where a manager rates an employee — to ask managers how they intend to invest in their team. The step will focus on how team leaders can help employees develop their skills.
Cloud data management company Rubrik opens R&D centre in Bengaluru
“With the new R&D center, Rubrik is proving it’s unique dual development center strategy and strengthening strategic business and trade ties between the US and India,” said John Chambers, Board Advisor of Rubrik.
5G will change how telcos in India earn revenue: Cisco
"In the 5G era, telcos will earn 70 per cent of their net revenue from enterprises," Sanjay Kaul, Head of Asia Pacific and Japan, Service Provider Business, Cisco.
Cisco joins hands DGT to facilitate digital learning
Cisco has signed a pact with Directorate General of Training (DGT) to facilitate digital learning for six National Skill Training Institutes (NSTI).
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