Ebix acquires Yatra for an enterprise value of US$ 337.8 million

Ebix Inc. acquired Yatra Online Inc., for an enterprise value of US$ 337.8 million in an all-stock transaction.

Profit jumps 12.6 per cent to Rs 2,388 crore in Q1 results: Wipro

IT services major Wipro reported a 12.6 per cent year-on-year increase in Q1 profit to Rs 2,388 crore (US$ 331.9 million), boosted by strong demand from its key financial clients.

Unicorn India Ventures launches Rs 400 crore tech-focused fund

Unicorn India Venture aims to invest Rs 400 crore (US$ 55.6 million) in B2B technology start-ups, including SaaS, artificial intelligence (AI), machine learning, and internet of things (IoT).

Infosys announces strategic partnership with Toyota Material Handling Europe

New Delhi: Infosys has announced a strategic alliance with Toyota Material Handling Europe (TMHE) to help TMHE in its digital transformation journey by driving innovation through N...

From Accenture to IBM, IT hiring set to gain pace with 25,000 openings

Bengaluru: Major software services companies in India, Tata Consultancy Services (TCS), IBM, Accenture, and others are expected to come up with 25,000 recruitment opportunities in ...

NTPC to expedite training of executives using machine learning, AI

New Delhi: India’s public sector major, NTPC Ltd is expediting the training of mid-level executives using machine learning and artificial intelligence (AI) and also restructu...

Postman raises $50 mn from CRV, Nexus Venture Partners

New Delhi: Application programming interface collaboration platform Postman has raised Rs 348 crore (US$ 50 million) from CRV General Partner and Nexus Venture Partners for the exp...

Hexaware acquires US-based Mobiquity in $182 million cash deal

Mumbai: Navi Mumbai-based IT services company Hexaware Technologies Ltd has acquired US-based digital services company Mobiquity for US$ 182 million in an all cash deal.