Technology

Infrastructure Group Larsen and Toubro has made an open offer for 5.13 crore shares or 31% Bengaluru-based Mindtree, a global technology consulting and services company, helping Global 2000 corporations marry scale with agility to achieve competitive advantage.

The government should allow a minimum of 51% Foreign Direct Investment (FDI) in defence sector without any riders to linkages with ‘modern technology,’ so as to enable international defence companies to exercise adequate control over joint venture companies, intellectual property...

Wipro Limited has announced the appointment of Rishad Premji as Chief Strategy Officer and Member of the Board, taking over as the Executive Chairman of the company Azim Premji, who retires on 30 July 2019.

The Competition Commission of India (Commission or CCI) has approved the acquisition of electrical and automation (EA) business of Larsen & Toubro Limited (L&T) by Schneider Electric India Private Limited and MacRitchie Investments Pte. Ltd.

Wipro Limited has signed a definitive agreement to acquire Milford, Ohio-based International TechneGroup Incorporated (ITI), a global digital engineering and manufacturing solutions company.

India’s Asian Paints has successfully transformed its procurement planning by implementing o9 Solutions’ cloud-based, artificial intelligence platform.

Syncsort, the global leader in Big Iron to Big Data software in Pearl River, New York, is expanding its geographic presence with the opening of offices in Pune and Bengaluru with research, development and support teams.

Vice President M. Venkaiah Naidu has called upon scientists and researchers to address pressing issues such as climate change, global warming and extreme weather events so that the world was better prepared to tackle adverse situations.

ACI Worldwide is making a strategic investment in Mumbai-based Mindgate Solutions, India’s leading digital payments company as well as the country’s market leader in processing UPI (Unified Payments Interface) transactions.

While the final report on cryptocurrency would soon be submitted to the Union Finance Minister, there is no report yet from expert committee on economic capital framework (ECF), finance secretary Subhash Chandra Garg said at an ASSOCHAM event.