Walmart-owned e-commerce major Flipkart has entered into a strategic and commercial partnership with the Adani Group to enhance its supply chain infrastructure and set up its third data centre in the country. The online retailer…
Reliance Industries to invest up to $50 million…
Energy-to-telecom major Reliance Industries on Thursday said that it will invest up to $ 50 million (Rs 371 crore) in Breakthrough Energy Ventures II LP (BEV). The Group is spearheaded by Microsoft Founder Bill Gates.…
Industry-specific cloud platforms must transcend IT elements to…
By Subram NatarajanGiven the circumstances around the Covid-19 pandemic, the adoption of cloud technology by different enterprises is visibly accelerating. This trend is driven by the need to become increasingly digital, thereby positioning organisations to…
Will remain at the helm of Infosys as…
Infosys co-founder and chairman Nandan Nilekani said on Wednesday that he would remain at the helm of the IT services provider for “as long as required to complete my jobâ€. He, however, added that the…
TikTok hasn’t heard from the Trump administration in…
The logos of the Chinese video portal TikTok and the US software and hardware manufacturer Oracle Corporation can be seen on a smartphone and screen on September 14, 2020 in Berlin, Germany.Thomas Trutschel | Photothek…
Here’s the internal memo sent to employees as…
File photo: Jason Kilar, then-CEO of Hulu LLC.Kimimasa Mayama | Bloomberg | Getty ImagesAT&T's WarnerMedia began layoffs Tuesday as the company formerly known as Time Warner restructures around streaming video.The job cuts are part of…
Citymall raises $3 million in funding led by…
Citymall, a social e-commerce startup, has raised $ 3 million in funding led by Elevation Capital, along with participation from Waterbridge Ventures, and Arun Tadanki's private syndicate on LetsVenture. Founded in 2019 by Angad Kikla…
Rajeev Misra steps down from SoftBank group board…
SoftBank group said four of its internal directors, including Vision Fund CEO Rajeev Misra are stepping down from the board to make way for external members and better its corporate governance. India-born Misra has been…
Nektar.ai raises $2.15 million in seed funding led…
Singapore-based business-to-business sales productivity startup Nektar.ai has raised $ 2.15 million in seed funding led by Nexus Venture Partners, along with participation from Insignia Venture Partners, Arka Venture Labs, Better Capital and Vietnam Investments Group.…