Economy of India

Infosys to Establish U.S. Education Center in Indianapolis

Retrieved on: 
Thursday, April 26, 2018
Economy of India, BSE SENSEX, CNX Nifty, Infosys, San Francisco International Airport, Business, California

ft. of development to transform the 70.5-acre site at the old Indianapolis airport terminal into its U.S. Education Center.

Key Points: 
  • ft. of development to transform the 70.5-acre site at the old Indianapolis airport terminal into its U.S. Education Center.
  • Infosys will break ground on this initial phase before the end of 2018 and anticipates its completion by the end of 2020.
  • The initial phase will comprise of a training center and will accommodate a 250-person residential facility.
  • Infosys' vision for the finished site includes regeneration of the area to feature walkways, green spaces and recreational facilities.

Cyient Acquires Semiconductor Firm AnSem N.V.

Retrieved on: 
Thursday, April 26, 2018
Supply chain management, CNX Nifty, Cyient, Outsourcing, Economy of India, Electronic design, Mixed-signal integrated circuit, Business, Integrated circuit

Headquartered in Leuven, Belgium, AnSem has been certified as an ISO 9001:2015 company with a strong focus on solving complex challenges.

Key Points: 
  • Headquartered in Leuven, Belgium, AnSem has been certified as an ISO 9001:2015 company with a strong focus on solving complex challenges.
  • "AnSem's leading-edge, custom mixed-signal analog integrated circuit (IC) capability allows Cyient to offer turnkey ICs, starting from concept circuit to final production.
  • "We are delighted with the acquisition of AnSem by Cyient.
  • Cyient (Estd: 1991, NSE: CYIENT) provides engineering, manufacturing, geospatial, networks, and operations management services to global industry leaders.

Tata Consultancy Services and Toronto School Board Help Equip Students for Jobs of the Future

Retrieved on: 
Wednesday, April 25, 2018
Information technology in India, BSE SENSEX, CNX Nifty, Tata Consultancy Services, Science and technology in India, TCS, Economy of India, Surya Kant

TCS' goIT program helps to inspire students to learn new technology skills essential to modernizing and transforming every single industry.

Key Points: 
  • TCS' goIT program helps to inspire students to learn new technology skills essential to modernizing and transforming every single industry.
  • "TCS has proven to be a dedicated partner and we are thrilled to continue working with them to help prepare our students for the jobs of the future."
  • "As a top global IT services company operating in Canada, Tata Consultancy Services sees STEM education as vital to the community and our future operations," said Soumen Roy, Head of TCS in Canada.
  • Tata Consultancy Services is an IT services , consulting and business solutions organization that partners with many of the world's largest businesses in their transformation journeys.

TCS Recognized as a Leader in Canadian Security Services by IDC MarketScape

Retrieved on: 
Monday, April 23, 2018
Information technology in India, BSE SENSEX, CNX Nifty, Tata Consultancy Services, TCS, Science and technology in India, Economy of India

TORONTO and MUMBAI, India, April 23, 2018 /PRNewswire/ -- Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been named a Leader in the IDC MarketScape for Canadian Security Services1.

Key Points: 
  • TORONTO and MUMBAI, India, April 23, 2018 /PRNewswire/ -- Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been named a Leader in the IDC MarketScape for Canadian Security Services1.
  • Canadian companies are responding by strengthening their cyber vigilance protocols and processes," said Satish Thiagarajan, Global Head, Cyber Security Practice, TCS.
  • "TCS' leadership positioning in this report is a reflection of our capabilities and futuristic approach in helping them to significantly strengthen their cyber security."
  • 1 IDC MarketScape: Canadian Security Services 2018 Vendor Assessment, Doc #CA43005218, March 2018.

TCS Recognized as a 'Winner' in Enterprise Artificial Intelligence Services 2018, Worldwide Blueprint by HfS

Retrieved on: 
Monday, April 23, 2018
Information technology in India, Science and technology in India, BSE SENSEX, CNX Nifty, Tata Consultancy Services, Economy of India, TCS, Tata Research Development and Design Centre

NEW YORKand MUMBAI, India, April 23, 2018 /PRNewswire/ --Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been positioned in the 'Winner's Circle' in HfS Research's "Enterprise Artificial Intelligence(AI) services 2018 Blueprint"1.

Key Points: 
  • NEW YORKand MUMBAI, India, April 23, 2018 /PRNewswire/ --Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been positioned in the 'Winner's Circle' in HfS Research's "Enterprise Artificial Intelligence(AI) services 2018 Blueprint"1.
  • TCS has pioneered the Machine First Delivery Modelthat leverages automation, robotics and artificial intelligence to help enterprises achieve their business outcomes faster, with reduced risk.
  • TCS works closely with enterprises to help them move up the automation maturity curve in a controlled, predictable and planned manner.
  • TCS' enterprise wide intelligent automation framework covers Application Services Automation, Intelligent Process Automation and Intelligent IT Operations.

Cyient Reports Fourth Quarter And Annual Results For FY 2018

Retrieved on: 
Thursday, April 19, 2018
Economy of India, Supply chain management, CNX Nifty, Cyient, Outsourcing, Business, Hyderabad

HYDERABAD, India, April 19, 2018 /PRNewswire/ --Cyient (Estd: 1991, NSE: CYIENT), a global provider of engineering, manufacturing, geospatial, networks, and operations management services to global industry leaders, today reporteditsconsolidatedfinancialresults for the fourth quarter (Q4) of FY 2018 ending March 31, 2018 along with the annual results.

Key Points: 
  • HYDERABAD, India, April 19, 2018 /PRNewswire/ --Cyient (Estd: 1991, NSE: CYIENT), a global provider of engineering, manufacturing, geospatial, networks, and operations management services to global industry leaders, today reporteditsconsolidatedfinancialresults for the fourth quarter (Q4) of FY 2018 ending March 31, 2018 along with the annual results.
  • Commenting on the results, Mr. Krishna Bodanapu, MD & CEO, said, "Q4 FY18 performance was in line with our expectations.
  • This quarter we were awarded with 'Boeing Supplier of the Year' Award for the fourth time in six years and 'Rail & Road Transport Award' and 'Best Railway Signalling Design Company 2018' for the second consecutive year.
  • This quarter we won the 'Rail & Road Transport Award (earlier Land Transport Award) and 'Best Railway Signalling Design Company 2018'.

Mindtree Reports Strong Fourth Quarter and Year End Results

Retrieved on: 
Wednesday, April 18, 2018
Economy of India, Supply chain management, BSE SENSEX, Mindtree, Outsourcing, Information technology in India, Agile, Ideation, Digital transformation, Benchmark

"We ended the year on a strong note, and seeing that momentum creating a healthy start to our new fiscal year.

Key Points: 
  • "We ended the year on a strong note, and seeing that momentum creating a healthy start to our new fiscal year.
  • It's especially heartening that our client satisfaction ratings reached an all-time high, setting the benchmark in our industry," said Rostow Ravanan, CEO & Managing Director, Mindtree.
  • Mindtree [NSE: MINDTREE] delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition.
  • 'Born digital', Mindtree takes an agile, collaborative approach to creating customized solutions across the digital value chain.

Mindtree Reports Strong Fourth Quarter and Year End Results

Retrieved on: 
Wednesday, April 18, 2018
Economy of India, Supply chain management, BSE SENSEX, Mindtree, Outsourcing, Information technology in India, Benchmark, Digital transformation

"We ended the year on a strong note, and seeing that momentum creating a healthy start to our new fiscal year.

Key Points: 
  • "We ended the year on a strong note, and seeing that momentum creating a healthy start to our new fiscal year.
  • It's especially heartening that our client satisfaction ratings reached an all-time high, setting the benchmark in our industry," said Rostow Ravanan, CEO & Managing Director, Mindtree.
  • "Our enduring strategic investments in expertise for Domain, Digital and Run are clearly recognized by the market.
  • Mindtree [NSE: MINDTREE] delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition.

System Biosciences Announces New Non-Exclusive License of ExoQuick® Technology to QIAGEN

Retrieved on: 
Wednesday, March 28, 2018
RNA, Medical software, Qiagen, Exosome, Biology, State Bank of India, Economy of India

System Biosciences (SBI), a leading provider of exosome research tools and services, announced today that QIAGEN, a leading global provider of Sample to Insights solutions for molecular diagnostics and life sciences, has signed a non-exclusive, worldwide license for SBI's patented ExoQuick® technology for research use.

Key Points: 
  • QIAGEN intends to use the ExoQuick technology in precipitation-based miRCURY products complementing its leading portfolio of spin column-based exoEasy and exoRNeasy product lines.
  • "QIAGEN's license demonstrates the value of ExoQuick technology for high-throughput, scalable isolation of exosomes from a range of biofluid samples," said Jake Lesnik, Vice President of Commercial Development at SBI.
  • "The license agreement also demonstrates SBIs commitment to protecting its proprietary ExoQuick technology, which is used by thousands of researchers globally for fast and efficient exosome isolation."
  • About System Biosciences (SBI)
    System Biosciences, a Palo Alto, CA-based life science research reagents company, is a global leader in providing exosome research technology, with an extensive portfolio of exosome research tools and services.