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IT & ITeS Industry India News & Recent Update | IBEF

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Indian IT companies contributed US$ 57.2 billion to US GDP in 2017, says top official Indian IT companies contributed US$ 57.2 billion to the GDP of the US in 2017 employing more than 175,000 workers in the US....

IBEF August 02, 2019

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....

IBEF July 18, 2019

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....

IBEF July 18, 2019

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)....

IBEF July 15, 2019

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 Next Generation Artificial Intelligence (AI) and automation solutions....

Livemint June 24, 2019
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