Las Vegas, Aug 28: VMware, the leading enterprise software provider, has announced that it will acquire CloudHealth Technologies, a company which has over 3,000 global customers on its Cloud operations platform.Making the announcement on the opening day of the annual VMWorld 2018 conference here on Monday, company CEO Pat Gelsinger said that CloudHealth would...
Bengaluru, Aug 28: Computer chip manufacturer NVIDIA on Tuesday collaborated with NITI Aayog as its Deep learning technology partner to support the government think-tank's MoveHack which is a global mobility hackathon to crowdsource solutions aimed at the future of mobility in India.The growth of the Indian economy, along with rapid urbanisation, make innovations in...
San Francisco, Aug 28: In a major boost to the development and deployment of self-driving vehicles, Japanese multinational automotive maker Toyota has announced that it was investing $500 million in ride-hailing giant Uber.The funding from the Japanese car making giant, which values Uber at more than $70 billion, would see the two companies work...
New Delhi, Aug 28: When it comes to IT transformation, 17 per cent of organisations in India have achieved the fully Transformed status -- a much higher percentage than was observed in other Asian countries researched (4 per cent), a Dell EMC study said on Tuesday.Respondents at the transformed companies in India were 8.5...
New Delhi, Aug 27: In an effort to tap potential medal hopes for the 2024 Paris Olympics, Union Steel Minister Chaudhary Birender Singh launched a corporate sports policy here on Monday.The sports policy is aimed at providing a framework for Central Public Sector Enterprises (CPSE) under the steel ministry for their sports promotion besides...
Mumbai, Aug 27: A major deadline in the process of resolving the country's most pressing corporate and banking problem of NPAs, or bad loans, is ending on Monday with the RBI having set a six-month time frame for finalising resolution plans for around 70 large stressed accounts worth over Rs 3.8 lakh crore.In a...
Mumbai, Aug 27: Reliance Communications (RCOM) has completed the sale of its fiber and related infrastructure assets, worth Rs 3,000 crore, to Reliance Jio Infocomm Limited (RJIO).According to the company, the transaction covers fiber assets of over 178,000 km across India. With the successful completion of the fiber monetisation transaction, 178,000 km of fiber stand...
New Delhi/Dehradun, Aug 27: Budget passenger carrier SpiceJet on Monday successfully operated India's first test flight partially powered by bio-fuel.A concoction of bio-fuel mixed with aviation turbine fuel (ATF) powered a SpiceJet's Q400 flight which was flew on Monday. The flight took off from Dehradun to Delhi. It was received by Cabinet ministers and airline...
Mumbai, Aug 27: The key Indian equity indices -- SP BSE Sensex and the NSE Nifty50 -- crossed the psychological marks of 36,700 points and 11,700 points for the first time on Monday before closing the day's trade just below the landmark levels.Supported by firm global cues, the Sensex and the Nifty 50 touched...
