Wednesday, 11 March 2020

Coronavirus impact on economy to be like 2008 financial crisis: Former Infosys CFO Balakrishnan

"It's (now) exactly like 2008 when everything got shut down over a period of time but again recovery then was in a V-shape because central banks and all got in and stabilised," Balakrishnan said. "Now, central banks are helpless; interest rates are almost zero in most parts of the world...I think the pain is going to be similar to what we saw in 2008 and we don't know how long this is going to last."

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Facebook announces call for applications from non-profit organisations for its CSR grant

This is a part of the Corporate Social responsibility mandate by the Government, where Facebook will work in collaboration with N/Core. The social media giant said Facebook Pragati will award four grants of up to Rs 50 lakh for each non-profit to scale their work.

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Tuesday, 10 March 2020

Accenture biggest acquirer of companies in past 30 months

Accenture was the top acquirer of companies in the last 30 months. It outdid itself in 2019, making a total of 24 deals - a 50% increase from 2018, showed data from Hampleton Partners' IT and business services M&A market report.

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Mindtree partners with Realogy to enhance digital transformation

As directed by Realogy, Mindtree will introduce digitally enabled technologies in areas such as application development, managed services, infrastructure support, and testing services for Realogy. Mindtree will also leverage Digital Pumpkin, an interactive space where multidisciplinary teams can ideate and create meaningful digital business solutions to support business innovation ideas.

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IBM roll out advanced AI tool that can read idioms

IBM said this advanced version of natural language processing (NLP) for its Project Debater would have the capability to understand challenging aspects of conversational English helping organisations to get greater clarity and more insights from their data.

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Infosys writes off its investment in US company Waterline Data Science

Waterline, founded in 2013, offers data discovery and data governance software. It provides data scientists and business analysts a self-service data catalog to help discover and understand data.

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Covid-19 impact: Karnataka may curb IT staff's foreign travel

K'taka ​​health minister says he will ask companies not to send staff overseas unless it’s an emergency.

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HPBOSE 10th Result 2022 LIVE Updates: Himachal Board HP 10th result today at 11, check details here

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