IT news
TCS’ net profit rises 5% to Rs9,478 cr despite lower operating margin
11 Jul 2022
TCS continued hiring momentum during the quarter as well, taking employee strength above the 600,000 mark, even as attrition rate for a 12-month period rose to 19.7 per cent
Google agrees to pay for Wikipedia content
24 Jun 2022
While Google has become the first paying customer of Wikimedia Enterprise, Wikimedia Foundation said the new commercial arm will not change the existing arrangement for individual users
Broadcom to acquire VMware in $61bn cash-and-stock deal
27 May 2022
Following the closing of the transaction, the Broadcom Software Group will rebrand and operate as VMware, incorporating Broadcom's existing infrastructure and security software solutions as part of an expanded VMware portfolio
L&T Infotech, Mindtree merge to form a $17.7 bn tech company
09 May 2022
Larsen & Toubro Limited will hold 68.73 per cent of the merged LTI, even as the companies will continue to function independently for now
TCS Q4 net profit zooms to Rs9,926 cr, revenue at Rs50,591 cr
12 Apr 2022
TCS closed fiscal 2022 with annual revenue of Rs1,91,754 crore (more than $25 billion) for the first time - a growth of 16.8 per cent
Google to acquire cyber security leader Mandiant for $5.4 billion
09 Mar 2022
With the addition of Mandiant, a recognised leader in strategic security advisory and incident response services, Google Cloud will enhance its offerings to deliver an end-to-end security operations suite with even greater capabilities
Microsoft to invest Rs15,000 cr to set up data centre region in Hyderabad
09 Mar 2022
Microsoft data centre regions in India - across Pune, Mumbai, and Chennai – have contributed $9.5 billion revenue to the economy between 2016 and 2020 and created an estimated 1.5 million jobs, including 169,000 new skilled IT jobs, according to an IDC report
TCS announces Rs18,000-cr share buyback
07 Mar 2022
Cisco offered to take over Splunk for over $20 billion: report
07 Mar 2022
Cisco also entered into a strategic agreement with Rakuten Symphony, a convergence solutions provider for IT and telecom networks, to accelerate open RAN and Telco cloud market
Govt to support search for indigenous alternatives to mobile operating systems iOS, Android: minist
31 Jan 2022
Ericsson to acquire Vonage for $6.2 billion to expand cloud business
22 Nov 2021
The transaction builds on Ericsson’s stated intent to expand globally in wireless enterprise, offering existing customers an increased share of a market valued at $700 billion by 2030
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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