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IBM, NASSCOM Foundation to train 2,500 students in new-age technologies

IBM, NASSCOM Foundation to train 2,500 students in new-age technologies

Fri, Sep 06, 2019

The "New-collar Employability Skills Programme" will engage students through an on-campus approach in a 204 hour-long blended training model at colleages in Karnataka, Haryana and the NCR.

IBM seals deal to buy Red Hat for $34 billion deal to boost cloud business

IBM seals deal to buy Red Hat for $34 billion deal to boost cloud business

Wed, Jul 10, 2019

IBM Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc, as it looks to ramp up its cloud computing business.

Vodafone Idea, IBM sign $800m IT deal for engagement in telecom, cloud and AI segments

Vodafone Idea, IBM sign $800m IT deal for engagement in telecom, cloud and AI segments

Fri, May 03, 2019

The collaboration will provide Vodafone Idea with a hybrid cloud-based digital platform to enable more intimate engagement with its subscribers.

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IBM quarterly revenue misses on weak mainframe computer business

IBM quarterly revenue misses on weak mainframe computer business

Wed, Apr 17, 2019

International Business Machines Corp reported a bigger-than-expected drop in first-quarter revenue on Tuesday, hurt by tapering demand for its mainframe computers and a stronger dollar, sending its shares down about 3 percent.

How IBM plans to secure India against cyber criminals

How IBM plans to secure India against cyber criminals

Mon, Apr 15, 2019

As chorus in India grows to safeguard key defence installations and organisations from nation-state cyber criminals, IBM with its enterprise-grade security solutions is ready to partner the government on cyber-proofing sensitive data on Cloud.

Skill gaps impeding Indians' prospects in tech jobs: IBM chief Ginni Rometty

Skill gaps impeding Indians' prospects in tech jobs: IBM chief Ginni Rometty

Wed, Mar 13, 2019

In remarks that come amid similar concerns voiced by other tech leaders domestically, Rometty, the chairman, president and chief executive of IBM, said this is a global problem and not just limited to Indian shores.

IBM to train over 1 million female students in India in 3 years

IBM to train over 1 million female students in India in 3 years

Mon, Mar 11, 2019

IT company IBM Monday said it will collaborate with with Central and state governments to upskill around one million female students in science technology, engineering and maths fields over a period of three years.

Proud moment for India! TCS in world's most valued IT brand in top 5 list, Wipro, HCL, Infosys in top 10: Check full list

Tue, Jan 29, 2019

Indian IT services giant, Tata Consultancy Services (TCS) failed to bag the crown but did turn third most valuable IT services company in the world in 2018-19. The first in the list is Accenture followed by IBM, according to a report by Brand Finance.

India's first Public Credit Registry: RBI shortlists TCS, Wipro, IBM, Capgemini, three others; Here's what they will do

India's first Public Credit Registry: RBI shortlists TCS, Wipro, IBM, Capgemini, three others; Here's what they will do

Sun, Dec 23, 2018

"Consequent to the publication of expression of interest (EOI) on October 27, 2018, the Reserve Bank had received responses from several vendors for implementation of end-end solution for PCR," the central bank has said.

Indian IT firm HCL Tech to acquire select IBM software products for USD 1.8 billion

Indian IT firm HCL Tech to acquire select IBM software products for USD 1.8 billion

Fri, Dec 07, 2018

Indian IT company HCL Technologies Friday said it will acquire select IBM software products for USD 1.8 billion (over Rs 12,700 crore) in an all-cash deal.

IBM wins $83 million from Groupon in internet patent fight

IBM wins $83 million from Groupon in internet patent fight

Sat, Jul 28, 2018

"IBM invests nearly $6 billion annually in research and development, producing innovations for society," IBM spokesman Douglas Shelton said in a statement. "We rely on our patents to protect our innovations. We are pleased by the jury`s verdict."

IBM unveils next-gen servers designed for AI era

IBM unveils next-gen servers designed for AI era

Sat, Jun 09, 2018

Tech giant IBM has unveiled its next-generation servers incorporating its newly designed POWER9 processor for handling compute-intensive Artificial Intelligence (AI) workloads

IBM announces new hiring in France as CEOs meet Macron

IBM announces new hiring in France as CEOs meet Macron

Wed, May 23, 2018

IBM announced new recruitment in France before a meeting between President Emmanuel Macron and the bosses of IBM and Microsoft.

Did you just buy a fake product? Check for counterfeit stuff soon; here is how

Did you just buy a fake product? Check for counterfeit stuff soon; here is how

Tue, Mar 20, 2018

The IBM scientists are working on an approach that uses plankton, which are natural, biological sensors of aquatic health. The technology would be helpful in situations like oil spills and runoff from land-based pollution sources, and to predict threats such as red tides, IBM said. The IBM researchers have already developed a post-quantum encryption method, which is submitted to the US government, called lattice cryptography.

I-T busts refund fraud, claims nexus between employees of top companies, CA

I-T busts refund fraud, claims nexus between employees of top companies, CA

Thu, Jan 25, 2018

The Income Tax Department today claimed to have busted a racket of extracting fraudulent tax refunds by employees of bellwether companies like IBM, Vodafone and Infosys in alleged connivance with a Chartered Accountant (CA) in Bengaluru, the IT capital of the country.

Microsoft tops Thomson Reuters top 100 global tech leaders list

Wed, Jan 17, 2018

Thomson Reuters Corp on Wednesday published its debut "Top 100 Global Technology Leaders" list with Microsoft Corp in the no. 1 spot, followed by chipmaker Intel Corp and network gear maker Cisco Systems Inc .

Top Indian IT cos like TCS, Infosys, others will lead in digital business, says recruitment firm Head Hunters India

Top Indian IT cos like TCS, Infosys, others will lead in digital business, says recruitment firm Head Hunters India

Sun, May 28, 2017

Executive search firm Head Hunters India Founder and MD Kris Lakshmikanth told PTI that he firmly believes top companies including TCS and Infosys to lead India in the digital business further adding that these companies have clearly understood the dramatic change and the challenges of going digital more than two years back.

Here are key highlights of Warren Buffett's address to Berkshire Hathaway's AGM

Here are key highlights of Warren Buffett's address to Berkshire Hathaway's AGM

Sun, May 07, 2017

Berkshire Hathaway co-founder and CEO Warren Buffett while addressing the company's Annual General Meeting on Saturday healthcare, trade, stock buybacks, investment in Apple and IBM, among others.

Warren Buffett assails Wells Fargo, defends 3G at wide-ranging meeting

Warren Buffett assails Wells Fargo, defends 3G at wide-ranging meeting

Sun, May 07, 2017

Berkshire Hathaway chairman Warren Buffett on Saturday during a meeting criticised Wells Fargo & Co for failing to stop employees from signing up customers for bogus accounts even after learning it was happening, causing a scandal.

Will US Prez Donald Trump's new executive order hamper costs, biz of Indian IT firms?

Will US Prez Donald Trump's new executive order hamper costs, biz of Indian IT firms?

Wed, Apr 19, 2017

The US president Donald Trump ordered a review of the US visa programme for bringing high-skilled foreign workers into the country which is likely to have impact on businesses of Indian IT firms.

Lloyds looks to move 1,900 staff to IBM to cut costs

Lloyds looks to move 1,900 staff to IBM to cut costs

Mon, Mar 13, 2017

Chief Executive Officer Antonio Horta-Osório is looking to shed thousands of jobs to streamline the business, support dividend payments and boost the share price as the government prepares to sell down its remaining stake in the bank this year.

CBI case a 'shock'; will hit Air India hard, says Lohani

CBI case a 'shock'; will hit Air India hard, says Lohani

Sat, Jan 14, 2017

Ashwani Lohani said, "Air India that has been a victim of gross indecision in recent years and only lately had started to come out of its slumber will also take a hit, I am absolutely certain, as an outcome of the unfortunate turn that this case has now taken."

Mistry does U-turn on Corus, TCS as Tata veterans trash claims

Mistry does U-turn on Corus, TCS as Tata veterans trash claims

Thu, Nov 24, 2016

Springing to the defence of Ratan Tata, two retired group veterans - FC Kohli and B Muthuraman - on Wednesday rubbished as "frivolous and incorrect" Cyrus Mistry's charges that the patriarch wanted to sell TCS and his ego had inflated Corus acquisition cost, leading to the ousted group chairman p

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