Technology

Larsen & Toubro Limited (NSE: LT, BSE: 500510), has entered into a definitive Share Purchase Agreement (SPA) to acquire 20.32% stake in Mindtree, a global technology services and digital transformation company.

Topcoder, a Wipro company, its on-demand, crowdsourced Quality as a Service (QaaS) offering has powered a three-fold surge in speed, a two-fold increase in the regular work volume, and five-times the risk coverage for 60 client organizations, as compared to...

The Indian market offers tremendous scope for technology-assisted solutions, and in recent years, it has been an active enabler for adopting analytics and AI-based solutions, according to a study by ResearchAndMarkets on 20 Mar 2019.

Tokyo’s NTT DATA has named Pune-based FlytBase the Open Innovation Contest 9.0 champion for developing the world’s first Internet of Drones (IoD) platform for easily deploying intelligent drones connected with cloud-based business applications.

HCL Technologies has signed a managed services agreement with Xerox (NYSE: XRX) to manage the latter’s portions of shared services globally, resulting in greater operational efficiency, automation and enhanced service levels.

China Telecom Global and Tata Communications are working together to launch a global Internet of Things (IoT) service in the Chinese market.

The adoption of drone across agriculture industry is growing with greater percentage in developing countries such as India, China, Saudi Arabia and South Africa, according to a report by ResearchAndMarkets.

Not all British companies have found it “entirely easy to operate in India” which is among the reasons for a still inconclusive Free Trade Agreement between the two countries, the UK government has admitted on 19 Mar 2019.

Morristown’s Majesco (NASDAQ: MJCO), a global leader of cloud insurance technology, has announced on 18 Mar 2019 acquisition of India-based insurance software business from its parent company, Majesco Limited.

San Francisco’s Udemy, the global marketplace for learning and teaching online with over 30 million students and 42,000 instructors worldwide, has expanded operations in India with an employee hub in Gurgaon.