IT companies target growth from AWS Google and Azure units within cloud practice
Most large IT service providers including Wipro, HCL Technologies and Tech Mahindra, which have signed on a number of partnerships with cloud partners in the past few quarters, are now doubling down on revenue from specific practices in their cloud units.
Date: 2020-11-16
indiatimes.com
Credit card requests cross pre-Covid levels in October (2020-11-27) | According to RBI data there were 59 crore credit cards outstanding as of September 2020 up from 58 crore in March In April the number of outstanding credit cards had dipped to 57 crore as they were not getting replaced because of the lockdown |
Zeotap gets $18.5 million funding from SignalFire’s Breakout Fund (2020-11-17) | The latest investment was made from SignalFires Breakout Fund for growth-stage companies and is an addition to the $42 million announced earlier this year bringing the total Series C round to $605 million a statement said |
Fidelity, D1 Capital likely to invest $100 million in Zomato (2020-11-10) | Zomato confirmed it has also raised about $145 million from Baillie Gifford and new investors Mirae Asset-Naver Asia Growth Fund US hedge fund Luxor Capital and private equity firm Bow Wave Capital and Steadview Capital |
India’s IT and business services market to reach $13 billion by December 2020: IDC (2020-11-25) | Of the IT and business services market the IT services market contributed 774% in H1 2020 growing 59% y-o-y as compared to 93% growth in the year-ago period |
Facebook CEO says he is ‘excited’ that WhatsApp has received nod for India launch (2020-11-06) | WhatsApp said it is working with banks such as ICICI Bank HDFC Bank Axis Bank the State Bank of India and Jio Payments Bank for the services |
‘5G holds huge promise for India; collaboration, identifying suitable use cases key’ (2020-11-26) | The explosion of disruptive technologies has transformed the way people interact socialise and businesses operate SK Gupta Secretary Telecom Regulatory Authority of India TRAI said ‘5G holds huge promise for India; collaboration, identifying suitable use cases key’ |
Twitter to relaunch public verification process, seeks feedback (2020-11-24) | Twitter said it will revamp how people can identify themselves on the microblogging platform starting with verification and asking the public to share feedback on a draft of its new verification policy it said in a blog post on Tuesday |
Facebook moderators press for pandemic safety protections (2020-11-19) | Facebook should guarantee better conditions or allow the workers to continue their jobs from home content moderators said in the open letter |
DaMENSCH raises Rs 50 crore led by Matrix Partners, Saama Capital, others (2020-11-19) | DaMENSCH sells through its own website and other major e-commerce retailers such as Amazon Flipkart and Myntra |
Apple sued in EU over iPhones that wear out too quickly (2020-12-03) | Apple last month agreed to pay $113 million to settle a case with multiple US regulators while customers are seeking approval from a US court for a class-action settlement that could be worth as much as $500 million |