Xiaomi looks to monetise internet services in India

The Chinese firm wants to generate revenue and profit from streaming of movies and videos, music among others.

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Accenture has good news for the whole of IT

Last week, Accenture raised its revenue growth forecast to a range of 6.5-8.5% from 6.0-8.0% for the year ahead.

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Mindtree wants a common minimum programme

Mindtree board has appointed a panel of independent directors, led by Apurva Purohit, to review L&T’s open offer .

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Centre for Accountability and Systemic Change doubts effectiveness of EC’s voluntary code of ethics

The CASC’s contention is over the absence of the names in the final code document uploaded on the ECI website.

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Tata Communication extends deadline for demerger of surplus land

Last year , the NCLT had approved a scheme which will clear the way to de-merge surplus land of nearly 773 acres from Tata Comm into HPIL.

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L&T announces new strategic initiative L&T-Nxt

The company said it is ideally placed to capitalise on these huge emerging opportunities

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WhatsApp yet to comply with data localisation norms: RBI

This is the first time the central bank has made an official statement on WhatsApp’s payments business and compliance with data localisation.

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Cognizant president may steer L&T’s IT services business

Mehta will serve as an adviser to Cognizant's new CEO Brian Humphries till May 1, announced earlier as part of his exit plan.

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SAP to house data of Indian users locally

SAP plans to have an open ecosystem, allowing multiple cloud service providers, as customers demand different cloud storage systems.

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Bigo Live: A Chinese app captures Indian imagination with lascivious content

Parent Bigo Technology is registered in Singapore and it is owned by Nasdaqlisted Chinese company YY Inc.

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Infosys to buy ABN AMRO's mortgage service unit

These deals will expand Infosys’ business in key growth regions of Japan and South East Asia as well as in the banking space in continental Europe.

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Ericsson raises investments in artificial intelligence, to ramp up hiring

The company is hiring engineers globally for its AI accelerators, including 150 engineers in Bengaluru.

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Mindtree board evaluating 'several options' to stave off L&T bid, says Executive Chairman Krishnakumar Natarajan

Asserting that "independence" of Mindtree is important, Natarajan, one of the company's promoters who had opposed L&T offer, said there is nothing about individuals.

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Wipro joins hands with IIT Kharagpur for research on 5G, AI

Research outcomes from this partnership would be used by Wipro to develop solutions for its customers, across industry verticals,

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Malware attacks rose 53% in India in 2018: SonicWall

Ransomware attacks were up in every geography except India and the UK, showed the findings based on an analysis 3.9 trillion malicious events in over 215 countries.

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Not a lost battle yet: With peace offer, Mindtree co-founder hopes to turn the tide

Mindtree is prepared for not just one eventuality but a set of eventualities, Natarajan said.

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Meet Tuhin Banik - Guy Who's Changing the Digital Marketing Landscape Using Artificial Intelligence

Most of us are aware of the fact that the usage of internet is rapidly increasing with each passing day. Approx 3.2 billion people are using the internet so...

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Infor CEO Charles Phillips outlines growth strategy for India market

“The company will be expanding the capacity of its Center of Excellence in Hyderabad to 3000 and open a new office by November", Infor CEO told.

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L&T ‘unfairly doubted’ for alleged role in Cognizant bribery case: Subrahmanyan

CEO SN Subrahmanyan says there’s no evidence of the involvement of Larsen & Toubro or its executives.

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AI tools help tech firms find the right hand for the job

Cognizant employs more than 281,000 people globally, and nearly two-thirds of them in India.

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Vivo fastest growing brand with over 60% growth in volume, value: GfK

The company in a press release on Wednesday said that Vivo registered growth at a time when the industry grew at a mere 16.8% and 14.2% by value and volume respectively.

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Batting for privacy: WhatsApp may oppose demand to trace messages

The company feels disclosing message origin will violate privacy and free speech rights.

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Adobe, Microsoft to take on Salesforce's marketing software, with LinkedIn as a weapon

Adobe and Microsoft hope to make it easier for users of Adobe's marketing software to find and target teams of potential customers for business goods on LinkedIn.

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Facebook launches tools to boost election engagement

Starting next week, voters in India, would be able to watch 20-second videos of candidates contesting from their respective constituencies.

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Will launch 5G phone in India when market is ready: Vivo

Samsung is gearing up to release the world's first 5G smartphone in the first week of April for the South Korean market.

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Netflix pilots $4 mobile plan in India to woo users

California-based Netflix currently offers three monthly plans in India, ranging from 500 rupees to 800 rupees.

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Sonata Software makes strategic investment in Silicon Valley AI firm

The platform leverages advanced AI and ML capabilities to deliver actionable field-level recommendations.

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Nutanix sets up second customer support centre in India

The new center takes the total number of Customer Support Centres of Excellence to ten, five of which are based in Asia.

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Time Mindtree, L&T top brass sat and talked real business

The only logical way forward for Mindtree founders is to sit together and agree on a common framework to operate .

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EY says IT budget of banking & fin services sector under the thumb

BFSI, which has been the largest business vertical for many companies, is now seeing declining discretionary spends in the US.

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Krishnakumar Natarajan can stay on as Mindtree chairman: AM Naik

Even as Mindtree founders continue to resist deal, L&T chairman says his company is open for talks with the promoters to clarify all their concerns.

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Indians look ready to shell out more for smartphones

The market will also see rising demand from users who are now buying their second or third smartphones.

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India sees 130% growth in data in two years: Dell EMC data protection Index

The total amount of data managed by Indian firms grew from 2.79 PB in 2016 to 6.43PB in 2018.

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OPPO's first 5G smartphone gets 5G CE certificate

The Chinese handset maker OPPO on Monday announced that its first 5G smartphone has successfully passed 5G CE tests conducted by Sporton International Inc -- a global inspection services authority.

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Mindtree’s board likely to seek meeting with Larsen & Toubro

Mindtree’s independent directors have voiced their concerns about the board not having a “collective and informed stand” on what is seen as a hostile takeover attempt by L&T.

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After pyaar, Larsen & Toubro advices Mindtree to dial down the hostility

Let L&T have a seat, then we’ll work out how Mindtree can work independently, says R Shankar Raman.

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Tata Consultancy Services’ $420 million trade secrets case moves to higher court

Epic Systems had filed the lawsuit alleging the firm had stolen its intellectual property and was awarded the amount in 2017

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L&T should define independence: Chairman Krishnakumar Natarajan

L&T is expected to release detailed public statement tomorrow to explain logic behind its bid.

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Khalnayak nahi, naik hoon main: L&T boss defends Mindtree takeover move

L&T has done much more for its employees than Mindtree for theirs. So it is ridiculous to state otherwise AM Naik said.

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Facebook, Google face steeper privacy fines under Australia plan

Australia’s government will introduce measures to increase fines for breaches, strengthen disclosure policies and embolden its privacy regulator.

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Should social media live-streaming be banned?

The 28-year-old Australian who sprayed bullets on innocent people who were praying at mosques in New Zealand on March 15 decided to broadcast his act on Facebook.

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Digital tools looking like democracy's nemesis

A prime example of the use of big data to influence voters is the Brexit referendum.

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Bet bait: PUBG tops video game wagers in India; transactions made using Paytm, Google Pay

Indian video gamers are betting on Mini Militia, Teenpatti, Dream11, Clash Royale but it’s Tencent’s PUBG that’s at the top of the list.

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Social media code of ethics unlikely to tame fake news, say analysts

Companies such as Facebook, Google, Twitter, WhatsApp and ShareChat agreed on Wednesday to adhere to a code of ethics ahead of the general elections.

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Social media executives may face penalty, jail under upcoming rules

The new guidelines are seen as the solution as multiple discussions with WhatsApp have not yielded results, the official said.

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Google Pay joins digital gold rush, set to launch Gold as investment plan soon

Google Pay users can now start investing through the app as the technology firm prepares to launch ‘Gold’ as an investment plan on its platform

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HMD Global plans to export handsets from India

Nokia in amongst the top three feature phone makers in the country with around 8.5-9% share, while in smartphones it has around 3-3.5% share.

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The two sides of the Mindtree story, decoded down to the last detail

A hostile takeover may be legit, but what of the ethics part? This big face-off will provide many answers.

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Cognizant sued by US client over implementation issues

Crawford’s suit against Cognizant is related to an enterprise resource planning (ERP) project that initially began in 2014 and was plagued by problems that peaked in 2018.

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Mindtree set to reconvene board meeting on Mar 26

L&T will share details of its open offer to IT firm’s shareholders on the same day.

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