Economy of India

Dana and Switch Mobility Partner on Electrified Commercial Vehicles

Friday, July 30, 2021 - 2:00am

James Kamsickas, Dana Chairman and CEO, said: "Light commercial vehicles and buses continue to present significant opportunities as they lead the commercial-vehicle segment's shift to fully electrified platforms.

Key Points: 
  • James Kamsickas, Dana Chairman and CEO, said: "Light commercial vehicles and buses continue to present significant opportunities as they lead the commercial-vehicle segment's shift to fully electrified platforms.
  • Dheeraj Hinduja, Chairman of Switch Mobility, added: "Dana has over a century of proven track record of leading transformative vehicle technologies.
  • Switch Mobility combines the electrical commercial vehicle operations of Ashok Leyland in India and Optare in U.K. to secure a leading global position in net zero carbon buses and light commercial vehicles.
  • Switch Mobility is a next-generation electric bus and light commercial vehicle company with the mission to enrich lives through green mobility.

LTI Wins PTC Partner Network Award for Transformation in Manufacturing Operations

Thursday, July 29, 2021 - 3:00pm

MUMBAI, India, July 29, 2021 /PRNewswire/ -- Larsen & Toubro Infotech (BSE: 540005) (NSE: LTI), a global technology consulting and digital solutions company, has been named Winner of the PTC (NASDAQ: PTC) Partner Network Awards in the category of Transformation in Manufacturing Operations.

Key Points: 
  • MUMBAI, India, July 29, 2021 /PRNewswire/ -- Larsen & Toubro Infotech (BSE: 540005) (NSE: LTI), a global technology consulting and digital solutions company, has been named Winner of the PTC (NASDAQ: PTC) Partner Network Awards in the category of Transformation in Manufacturing Operations.
  • LTI also emerged as a finalist in two additional categories of Most Impact in Digital Transformation at Scale and Trailblazer/Innovation Project.
  • Cherie Gartner, SVP of GTM Strategy and Global Head of Strategic Alliances, PTC, said,"It's an honor to congratulate LTI as the winner for PTC Partner Network Award for Transformation in Manufacturing Operations.
  • PTC and the PTC logo are trademarks or registered trademarks of PTC Inc. and/or its subsidiaries in the United States and other countries.

LTI Wins PTC Partner Network Award for Transformation in Manufacturing Operations

Thursday, July 29, 2021 - 10:00am

MUMBAI, India, July 29, 2021 /PRNewswire/ -- Larsen & Toubro Infotech (BSE: 540005) (NSE: LTI), a global technology consulting and digital solutions company, has been named Winner of the PTC (NASDAQ: PTC) Partner Network Awards in the category of Transformation in Manufacturing Operations. LTI also emerged as a finalist in two additional categories of Most Impact in Digital Transformation at Scale and Trailblazer/Innovation Project.

Key Points: 
  • MUMBAI, India, July 29, 2021 /PRNewswire/ -- Larsen & Toubro Infotech (BSE: 540005) (NSE: LTI), a global technology consulting and digital solutions company, has been named Winner of the PTC (NASDAQ: PTC) Partner Network Awards in the category of Transformation in Manufacturing Operations.
  • LTI also emerged as a finalist in two additional categories of Most Impact in Digital Transformation at Scale and Trailblazer/Innovation Project.
  • Cherie Gartner, SVP of GTM Strategy and Global Head of Strategic Alliances, PTC, said,"It's an honor to congratulate LTI as the winner for PTC Partner Network Award for Transformation in Manufacturing Operations.
  • PTC and the PTC logo are trademarks or registered trademarks of PTC Inc. and/or its subsidiaries in the United States and other countries.

HCL Technologies Names Jill Kouri as Global Chief Marketing Officer

Wednesday, July 28, 2021 - 2:27pm

HCL Technologies today announced Jill Kouris addition to the executive team as Chief Marketing Officer.

Key Points: 
  • HCL Technologies today announced Jill Kouris addition to the executive team as Chief Marketing Officer.
  • View the full release here: https://www.businesswire.com/news/home/20210728005616/en/
    As HCL continues to drive its strategy to be the digital partner of choice for global enterprises and reinforce its industry-leading ESG practices, it is imperative to strengthen our marketing leadership, said C Vijayakumar, CEO and Managing Director, HCL Technologies.
  • Kouri joins HCL Technologies most recently from JLL (NYSE: JLL), where she was Chief Marketing Officer, Americas, for seven years.
  • HCL Technologies (HCL) empowers global enterprises with technology for the next decade, today.

NASSCOM is Hosting The 6th Edition of InnoTrek Virtually

Tuesday, July 27, 2021 - 1:00pm

NEW DELHI, July 27, 2021 /PRNewswire/ -- Continuing its legacy of powering India's startup ambition to become a global powerhouse of innovation, the National Association of Software and Services Companies (NASSCOM) is hosting the 6th edition of NASSCOM InnoTrek in a virtual mode in 2021.

Key Points: 
  • NEW DELHI, July 27, 2021 /PRNewswire/ -- Continuing its legacy of powering India's startup ambition to become a global powerhouse of innovation, the National Association of Software and Services Companies (NASSCOM) is hosting the 6th edition of NASSCOM InnoTrek in a virtual mode in 2021.
  • These budding startups have developed cutting-edge, deeptech-driven business solutions and InnoTrek would give them access to critical networking, learning, and funding opportunities to boost their capabilities and become globally relevant.
  • The 6th edition of InnoTrek commences today i.e.
  • In the last five years, InnoTrek has impacted over 130 startups that were connected to over 150 global VCs, investors, and enterprises.

India Macroeconomic Environment Outlook Report 2021 - ResearchAndMarkets.com

Monday, July 26, 2021 - 12:19pm

The "India's Macroeconomic Environment Outlook, 2021" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "India's Macroeconomic Environment Outlook, 2021" report has been added to ResearchAndMarkets.com's offering.
  • The Indian economy was forecast to record an 11.3% growth in 2021-22, based on prevailing conditions in March 2021.
  • Since then, however, the economic outlook has changed with the start of the 2nd wave of COVID-19.
  • India has emerged as an alternative, and this will fuel the government's vision of boosting domestic production.

Wipro Recognized as 2021 Microsoft Modernizing Applications Partner of the Year

Friday, July 23, 2021 - 1:54pm

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has won the 2021 Microsoft Partner of the Year Award in the Modernizing Applications category.

Key Points: 
  • Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has won the 2021 Microsoft Partner of the Year Award in the Modernizing Applications category.
  • In addition, Wipro was also named as a category finalist in the 2021 AI Partner of the Year category, solidifying its reputation as an innovator in multiple sectors.
  • The Microsoft Partner of the Year Awards recognizes Microsoft partners that have developed and delivered outstanding Microsoft-based solutions during the past year.
  • I am honored to announce the winners and finalists of the 2021 Microsoft Partner of the Year Awards.

Infosys positioned as a Leader in Application Modernization and Migration Services as Enterprises shift to Cloud-native technologies for their Modernization needs

Thursday, July 22, 2021 - 7:02pm

BENGALURU, India, July 22, 2021 /PRNewswire/ -- Infosys (NSE: BSE) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has been positioned as a Leader in The Forrester Wave™: Application Modernization and Migration Services, Q3 2021 report. This announcement follows Infosys' recent recognition as a Leader in The Forrester WaveTM: Multi-Cloud Managed Service Providers, Q4 2020 report. For Infosys, the positioning in these assessments highlight its vision, and the broad spectrum of cloud capabilities delivered through Infosys Cobalt across application modernization and migration, and multi-cloud managed services.

Key Points: 
  • To learn more about Infosys Cobalt, please visit: www.infosys.com/cobalt
    To learn more about Infosys Application Modernization Services, please visit: www.infosys.com/services/application-modernization
    Infosys is a global leader in next-generation digital services and consulting.
  • With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey.
  • We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change.
  • We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight.

Infosys positioned as a Leader in Application Modernization and Migration Services as Enterprises shift to Cloud-native technologies for their Modernization needs

Thursday, July 22, 2021 - 6:57pm

To learn more about Infosys Cobalt, please visit: www.infosys.com/cobalt

Key Points: 
  • To learn more about Infosys Cobalt, please visit: www.infosys.com/cobalt
    To learn more about Infosys Application Modernization Services, please visit: www.infosys.com/services/application-modernization
    Infosys is a global leader in next-generation digital services and consulting.
  • With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey.
  • We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change.
  • We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight.

Cyient Upgrades SaaS-Based Solution to Launch CyiOPS

Tuesday, July 20, 2021 - 2:00pm

HYDERABAD, India, July 20, 2021 /PRNewswire/ --Cyient, a global engineering and digital technology solutions company, has upgraded its software-as-a-service (SaaS)-based solution and decision support platform to launch CyiOPS.

Key Points: 
  • HYDERABAD, India, July 20, 2021 /PRNewswire/ --Cyient, a global engineering and digital technology solutions company, has upgraded its software-as-a-service (SaaS)-based solution and decision support platform to launch CyiOPS.
  • The solution from Microsoft Gold Partner, Cyient, leverages Microsoft technologies to address challenges faced by the utility industry.
  • The latest enhancements in CyiOPS will offer customers a spatial view to quickly identify sites that have a current or planned outage.
  • Cyient (Estd: 1991, NSE: CYIENT) is a leading global engineering, manufacturing and digital technology solutions company.