Brokers cannot misuse clients’ securities: Ajay Tyagi, Sebi chairman
Tyagi’s comments come in the wake of the regulator's recent crackdown on Karvy Stock Broking.
Samsung India to hire over 1,200 engineering graduates for R&D
Samsung will hire students from multiple streams including computer science, e...
72% Indian enterprises wrong about Cloud security: Study
Among the companies surveyed in India, nearly half of them operate with more than 10...
Microsoft beats Amazon to win $10 billion Pentagon Cloud contract
The US government has awarded the $10 billion Cloud contract for Pentagon to Microsoft. Known as the JEDI, the Cloud contract will provide enterprise level, commercial IaaS and PaaS to support Department of Defence business and mission operations.
Amazon may be watching your cloud cam footage
An Amazon team also transcribes and annotates commands recorded in customers’ homes by the company’s Alexa digital assistant, Bloomberg reported in April.
Midsize IT sees big digital deals as focus shifts to core
“To do a digital transformation, it is not sufficient to transform only the front-end, you need to reach back and transform the core,” said R Srikrishna, CEO, Hexaware Technologies, adding companies no longer had a choice. Earlier this year, Hexaware acquired digital marketing firm Mobiquity to strengthen its digital offerings.
Trai seeks views on framework to regulate cloud service providers
The Trai recommendation came following a reference from the government under the National Digital Communications Policy 2018 which envisages the country becoming a global hub for cloud computing service.
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.
HCL Tech sets up dedicated unit for Google Cloud, to have 5,000-strong team
This will be the largest dedicated team from an IT services provider for Google Cloud, top execs said. HCL will set up three Google Cloud-specific labs, one each in Dallas, London and Noida. HCL will work on pilots for clients and enable their shift to Google’s cloud platform. Google and HCL Technologies will jointly market the solutions to clients
ET Awards: Want 30% pie beyond food delivery, says Swiggy
Swiggy & rival Zomato were burning $30-40 million monthly on discounts, the latter is looking ahead now.
Direct EC to fix mismatch before declaring results: PIL
The PIL claimed that research showed discrepancies in EC’s voter turnout data and votes counted. The discrepancies ranged between 1% to 10% and amounted to 7,39,104 votes. The petition claimed that it wasn’t questioning the results but wanted EC to evolve a protocol and handle such situations in a transparent way.
Sebi plans to spend Rs 500 crore on IT projects in 5 years: Ajay Tyagi
On challenges, Tyagi said there are broader challenges, including compliance requirements.
Infosys opens innovation centre in Dusseldorf, Germany
The innovation hub of Infosys would serve as a link between businesses and the leading educational establishments in Germany in a move to bridge the STEM (science technology engineering and mathematics) talent gap in the region. Infosys said there would be strategic partnerships with regional academic institutions such as Hochschule Dusseldorf and WHU.
Vodafone Idea, Nokia come together to help startups with cloud solutions
Some of the key benefits include, seamless connectivity and performance enhancement to clouds such as IaaS and SaaS.
This bank stock has room to rise 50% but for the cloud of bad loans
Analysts said the bank has material exposure to troubled HFCs and telecom companies.
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