Category: Technology
sap: SAP to double India investment in five years: CEO Christian Klein
[ad_1] India is “a winner” and “a bright spot” in a world that is in turmoil according to Christian Klein, the chief executive officer of SAP SE. The German software giant aims to double its investments in India over the next five years. It is also helping large global corporations move parts of their businesses ...
hcl tech: Cloud computing, virtualization of telco network, fibre rollout to solve call drop issue: HCL Tech official
[ad_1] Cloud computing-based telecom network with virtualization of its various elements and rollout of optical fibre network closer to the homes will be able to help solve call drop problem in India, a senior HCL Technologies officer said here. While speaking with PTI at the Mobile World Congress, HCL Tech Chief Technology Officer Kalyan Kumar ...
Razorpay India: Razorpay FY22 net profit up 19% to Rs 7.37 crore
[ad_1] Razorpay’s India entity’s net profit increased 19% to Rs 7.37 crore in the fiscal year ended March 31, 2022 (FY22), company filings sourced from business intelligence platform Tofler showed. Its net profit in FY21 was Rs 6.18 crore. Razorpay Software Pvt Ltd’s standalone revenue grew to Rs 1,485.6 crore in FY22, from Rs 844.6 ...
Faasos parent Rebel Foods to run 150 Wendy’s restaurants; India on course to becoming 5G leader
[ad_1] Homegrown cloud-kitchen operator Rebel Foods has acquired the master franchise rights for global fast food chain Wendy’s in India to scale up the latter’s restaurant stores in the country. We have this and more in today’s ETtech Top 5 Also in this letter: ■ Musk looking for researchers to rival OpenAI■ Infographic Insight: Google ...
twitter stock awards: Twitter employees to receive “very significant” performance-based stock awards: Elon Musk
[ad_1] There may be some good news for Twitter employees even as the staff reels under continued layoffs at the microblogging site since Elon Musk took over the company last year. According to a report in The Verge, a US-based tech publication, Musk emailed employees – who have not been axed— that they will be ...
Tesla: Tesla, Elon Musk sued by shareholders over self-driving safety claims
[ad_1] Tesla Inc and its Chief Executive Elon Musk were sued on Monday by shareholders who accused them of overstating the effectiveness and safety of their electric vehicles’ Autopilot and Full Self-Driving technologies. In a proposed class action filed in San Francisco federal court, shareholders said Tesla defrauded them over four years with false and ...
Wipro Global Business Lines: Wipro announces four new business lines to align with clients’ needs
[ad_1] Wipro, today announced four strategic global business lines to better align to clients’ business needs and focus on emerging opportunities in high-growth segments of the market. Under the new model, Wipro has created four GBLs organized around cloud, enterprise technology and business transformation, engineering, and consulting, according to the exchange filing. The changes will ...
Canada Tiktok: Canada blocks TikTok from government devices citing security risks
[ad_1] Canada on Monday blocked the Chinese-owned social media app TikTok from government-issued devices, saying it presents an “unacceptable” level of risk to privacy and security. Canada also moved to block federal employees from downloading the application in the future, the Treasury Board of Canada Secretariat said in a statement. TikTok’s data collection methods provide ...
Utkarsh Classes: PhysicsWallah, Utkarsh Classes form JV; firms to jointly foray into new test-prep categories
[ad_1] Edtech unicorn PhysicsWallah has formed a joint venture with Jodhpur-based Utkarsh Classes to leverage each other’s core competencies and jointly foray into new exam categories. Utkarsh Classes mainly provides offline and online learning courses for government exams, and has ventured into various exams categories like defence, NEET-JEE, CLAT, CUET, online tuitions for students of ...
ghost kitchens news: Food tech platform Ghost Kitchens acquires Speak Burgers brand
[ad_1] Food tech platform Ghost Kitchens India has acquired television host and chef Vicky Ratnani’s gourmet cloud kitchen Speak Burgers, a strategic acquisition the company said would help it gain a new customer segment with high spending power. Karan Tanna, founder and chief executive of Ghost Kitchens said in a statement: “With our presence in ...