Auto industry exploring collaborations with Australian firms

Last Updated: Monday, August 10, 2015, 22:18

A delegation representing the industry is on a visit to Sydney and Melbourne from August 10 to 14, to know about the local automotive technology and research, the Australian Trade Commission said in a statement.

Fino PayTech ties up with Yatra.Com

Last Updated: Monday, August 10, 2015, 18:26

The tie-up will help those customers who do not have access to internet connection. They can book travel tickets online by going to Fino Money, the retail outlet of Fino PayTech or through a Fino authorised agent, a company press release said.

Foxconn may pick up stake in Mukta Arts

Last Updated: Sunday, August 9, 2015, 14:15

The world's largest contract manufacturer of electronic gadgets Foxconn Technology may pick up a stake either in listed Mukta Arts or one of its arms, as the Taiwanese firm seeks to branch out beyond its established forte of hardware products.

More R&D needed for self-sufficiency in power technologies'

Last Updated: Saturday, August 8, 2015, 19:27

To achieve economic growth, India needs to strengthen research and development capabilities to become self-sufficient and bring down dependency on other countries for technology, NITI Aayog member V K Saraswat has said.

India, US resolve 35 transfer pricing disputes in IT sector

Last Updated: Thursday, August 6, 2015, 18:03

The Revenue Department Thursday said 35 transfer pricing disputes between India and the US in different segments of Information Technology (IT) have been resolved and another 100 are likely to be settled in the next three months.

Cognizant Q2 net profit rises to $420.1 mn; revenue at $3.09 bn

Last Updated: Wednesday, August 5, 2015, 17:24

IT services provider Cognizant Technology Solutions Corp reported quarterly revenue and profit above analysts` expectations, helped by higher spending by clients in North America, especially in the healthcare and financial sectors.

Bill Gates to invest $1 bn of own money in clean energy

Last Updated: Tuesday, August 4, 2015, 23:21

The philanthropist Bill Gates is investing USD 1 billion of his own money in clean energy technology over the next five years as he believes that many breakthroughs will take place during the period that will help solve climate change.

ICANN posts proposal to end US oversight of Internet

Last Updated: Monday, August 3, 2015, 23:48

The overseers of the Internet on Monday published a keenly anticipated proposal to step out from under US oversight.

Banks should ensure better compliance to prevent data theft

Last Updated: Monday, August 3, 2015, 22:26

With growing dependence on Information Technology, RBI Deputy Governor H R Khan has said there is need to ensure better compliance with regulations to prevent data theft and check financial fraud.

Intex aims to double turnover to $1.5 bn

Last Updated: Monday, August 3, 2015, 16:00

The company, which is into the business of mobile phones, consumer durables and IT products, had a turnover of $600 million (Rs 4,000 crore) during 2014-15.

Alibaba Group to invest $1.0 bn in cloud computing

Last Updated: Wednesday, July 29, 2015, 15:41

Chinese e-commerce giant Alibaba will invest $1.0 billion in its cloud computing arm to expand its international presence, the company said Wednesday, as it looks outside its core business and beyond traditional markets.

AirAsia India and Air Costa ties up with SITA

Last Updated: Tuesday, July 28, 2015, 19:15

World's leading specialist in air transport communications and information technology SITA would provide its aircraft communications and flight tracking technology to domestic carriers AirAsia India and Air Costa.