Feb 1, 2018 - Merit-based system to replace visa lottery, no family-based chain migration, build the wall: Trump

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Oil & Gas industry seeks extension of incentives and rationalisation of duties in Budget 2018
The oil and gas industry has sought further extension of incentives given for exploration and production (E&P) blocks till 2022, and demanded inclusion of crude oil, natural gas, petrol and diesel under GST regime as exclusion restricts oil marketing companies to take benefit of input credit. They have also asked for an infrastructure status for the industry. Read More

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Indian tech companies up global market share, IBM hit mostly

Among the Indian heritage companies, Cognizant grew its share the most in the past five years, from 6.3% to 8.5%.

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Today's TradeBriefs Cartoon

Nasscom does away with annual industry guidance

Nasscom President Debjani Ghosh said that the sector has grown 9.2 per cent in 2018-19, against a forecast of 7-9 per cent

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HCL Tech wins 5-year IT infrastructure deal from EDF Luminus

HCL Technologies has won a 5-year IT infrastructure and application services contract from EDF Luminus, the second largest electricity producer and energy supplier in Belgium. Financial details of the IT infrastructure deal with the Belgium-based energy giant were not disclosed. Infosys, Wipro, Accenture, IBM, TCS, Cognizant, among others, look for similar IT deals. Bruno Brusselmans is …

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Indian cos, including TCS, Wipro, sign 15 pacts to invest in Saudi Arabia

Tata Consultancy Services (TCS), Wipro, Carnival Cinemas and Glenmark were among the Indian companies that signed 15 agreements on Wednesday to invest in Saudi Arabia.

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A new Indian government company will sell space technology to private players

The total weight of the payload that will be carried by the SSLV on its maiden flight will be near about 500 kg. The two satellites would weight about 120 kg each, there will be adaptors and others that would weigh about 300 kg.

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IBM Watson's next mission is to tiptoe into HR, and hire the right person

India could emerge as the third-largest market in the Asia-Pacific (APAC) region for IBM’s artificial intelligence (AI)-powered workforce automation solution, launched in November last year. The Armonk-based software services giant expects large-sized and mid-sized enterprises from sectors such as banking, insurance and manufacturing to be among the first adopters of the solution.

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DPIIT begins work on ranking states/ UTs on start-up initiatives

The Commerce and Industry Ministry on Wednesday said it has started the exercise to rank states and union territories for 2019, based on initiatives taken for start-ups.The exercise aims to evaluate m

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Google fails to disclose microphone in Nest Secure

Earlier this month, Google said Nest Secure would be getting an update and users could now enable its virtual assistant technology Google Assistant on Nest Guard

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For Indian start-ups, Ireland can be ‘gateway to Europe’

Ireland, known for hosting multinationals such as Google, Intel and Apple as well as Indian IT majors like TCS, Wipro, and Infosys, is now looking to be the gateway to Europe for smaller Indian compan

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Tech Mahindra, Rakuten open world-class 5G Lab in Tokyo

This lab is a joint showcase of what strategic partnerships between two companies can do across national borders to achieve not only an innovative technology platform but also a modern workspace where the best and brightest minds can work and play.

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Microsoft releases ‘Age of Intelligence’ white paper on India’s readiness of AI

Microsoft's white paper outlines challenges and opportunities with respect to AI.It says India is digitally ready for a comprehensive AI framework aligned to industries' long-term strategy

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Influencers manipulating social media, Indian IT Act silent

The rise in popularity of social media platforms actually opened up a relatively new advertising economy driven by "influencer marketing"

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‘IT export sector clocks $137 billion revenue’

Interestingly, the industry sectors have also expanded beyond IT services and together are almost half the industry revenues in 2018-19.

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Technology giants have no business in banking: Kotak

Mumbai, Feb 20 (PTI) Banker Uday Kotak opined that technology majors like Google and Facebook should not be allowed to become banks as they don't like to be regulated.

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Leo Capital's Rajul Garg on early-stage funding in India, startup valuations and more

Leo Capital, a venture capital firm focussed on early-stage technology investments, has built a portfolio of 10 companies since its launch in 2017. The firm typically invests between $300,000 and $1.5 million at the seed and pre-Series A stages. Its portfolio includes startups such as diabetes management app BeatO, women’s community platform Sheroes and ed-tech startup Edureka.

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Rakuten slashes mobile network costs with cloud tech

Reliability questions remain as Japan's new carrier readies service

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