IBM
TMT
IBM acquires Bengaluru-based SaaS firm
US-based IT major IBM Tuesday announced acquisition of Prescinto Technologies, a solar energy software-as-a-service analytics and monitoring platform. The Bengaluru-headquartered ......
TMT
IBM inks deal with Saudi to train AI system in Arabic, to unveil new models
International Business Machines on Tuesday said that it will release a family of artificial intelligence models as open-source software, and ......
TMT
Ex-Arka Venture Labs exec sets up B2B fund for SaaS cos
Radhesh Kanumury, a former Managing Partner of Arka Venture Labs, has announced launch of his new early-stage (business-to-business) B2B Indian ......
Finance
Top MNCs in India: Who earns the most profit, who pays the most tax?
An economic slowdown and the coronavirus pandemic that sapped demand for high-priced products while shifting consumer focus towards essential items ......
Finance
Russian, Korean firms top MNCs by revenue in India but Chinese growing the fastest
A Russian and a South Korean company are at the top of the list of 20 biggest multinational corporations in ......
People
IBM names IIT-Kanpur alumnus Arvind Krishna new CEO
International Business Machines Corp Chief Executive Officer Ginni Rometty will hand over the reins to the head of the company's ......
Finance
New Indian law to protect foreign investors to exclude tax demands
New legislation will improve protection for foreign investors in India by offering relief from possible policy changes but will uphold ......
General
True North-backed BORN gets takeover interest; Mahindra Lifespace looks for partners
BORN Group Inc., a marketing and media solutions agency backed by private equity funds True North Capital and Neeraj Bhargava’s ......
General
Flashback 2018: From FMCG to tech, big-ticket M&As spread across sectors
The total value of mergers and acquisitions in India hit a record high this year, buoyed by big-ticket transactions including ......
TMT
HCL to acquire IBM software assets for $1.8 bn in biggest Indian IT deal
Armonk-headquartered tech giant IBM on Friday said that it was selling off select software businesses to Noida-headquartered IT services firm HCL ......
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