Ankita | Pixr8 News

3May By AnkitaNo Comments

News

Wipro Unveiled its New Brand Identity, Launched New Logo

Bangalore, Karnataka, India- Wipro Limited, a leading global information technology, consulting and business process services company, today unveiled its new brand identity. The new brand identity signifies a higher level of engagement and brand permission that helps clients leverage Wipro’s expertise to address their business requirements and drive future opportunities in this digital era. The new brand identity marks Wipro’s emergence as a trusted digital transformation partner to clients, delivering at global scale with increasingly localized capabilities, and leveraging hyper-automation, robotics, cloud, analytics, cognitive and emerging technologies. This new brand identity also mirrors two key attributes cited by clients as unique to Wipro’s brand: the integrated perspective that W...

Infosys to Hire 10,000 American Workers Over the Next Two Years

2May By AnkitaNo Comments

News, USA

Infosys to Hire 10,000 American Workers Over the Next Two Years

Infosys, a global leader in consulting, technology and next-generation services, today announced that it plans to hire 10,000 American workers over the next two years. As part of this initiative, Infosys will open four new Technology and Innovation Hubs across the country focusing on cutting-edge technology areas, including artificial intelligence, machine learning, user experience, emerging digital technologies, cloud, and big data. These four hubs will not only have technology and innovation focus areas, but will closely serve clients in key industries such as financial services, manufacturing, healthcare, retail, energy and more. The first hub, which will open in Indiana in August 2017, is expected to create 2,000 jobs by 2021 for American workers and will help boost Indiana's eco...

Leading Jewellery Chain Kalyan Jewellers Acquired Online Jewellery Firm

26Apr By AnkitaNo Comments

ACQUISITION

Leading Jewellery Chain Kalyan Jewellers Acquired Online Jewellery Firm

Leading jewellery chain Kalyan Jewellers today acquired the online jewellery firm Candere to augment its presence in the growing online jewellery segment for an undisclosed sum. Kalyan will acquire the equity held by Singularity Strategic, the family office of Brijesh Chandwani and Subram Kapoor and as part of the deal the Thrissur-based company will complete a phased acquisition of the equity held by founder promoter Rupesh Jain, apart from investing more into the firm. The additional investment is primarily to expand Canderes geographical presence into the growing West Asian market including the UAE, Kuwait and Qatar. This is Kalyan first strategic move of its kind as it continues to pursue aggressive growth plans, both organically and inorganically. Rajesh Kalyanaraman, exec...

PwC India Launch Analytics Platform PwC Insights

26Apr By AnkitaNo Comments

News

PwC India Launch Analytics Platform PwC Insights

PwC India today announced launch of PwC Insights as a Service (PIAS), an advanced analytics platform that drives business outcomes. The platform comes preloaded with data automation and management tools, industry and domain-specific machine learning and cognitive algorithms that will help enterprises and government departments to improve business outcomes. Over the next year, 30 such solutions will be rolled out in the market on a pay-as-you-go engagement model, PwC said in a statement. "With Insights as a Service, we are addressing our clients needs of building next-gen analytics capabilities, with minimal investments in technology and talent," said Raman Bhushan, Partner, Advanced Analytics and Data Science, PwC India.

Mobikwik & Freecharge Initiated Merger Talks

25Apr By AnkitaNo Comments

BUSINESS

Mobikwik & Freecharge Initiated Merger Talks

As per the report, India's two leading e-wallet company MobiKwik & Freecharge looking to merge in an all-stock deal. According to speculation, behind this deal a chinese investor who is willing to pump Rs USD 200 million into this deal. The talks between Freecharge and MobiKwik are on their initial stages. Sequoia Capital is the major investor in both startups. Jason Kothari, the CEO of Freecharge is in talks with various investors in the US and China. PayPal had earlier shown interest in investing into Freecharge, but the deal did not materialise. PayU, Flipkart and Paytm is rumoured to be interested in FreeCharge. Freecharge is a part of online shopping platform Snapdeal, which has also been in merger talks with e-tailer Flipkart. MobiKwik, which has opened 13 new offices...

Another Woman Alleges Sexual Harassment By Tech Investor Mahesh Murthy

24Apr By AnkitaNo Comments

News

Another Woman Alleges Sexual Harassment By Tech Investor Mahesh Murthy

Woman author Rashmi Bansal has accused venture investor Mahesh Murthy of sexual harassment 13 years ago, which he has denied as "absolute and complete lies". The author, who made the allegations ahead of her book launch, said she has not filed a police complaint against the sexual advances that Murthy allegedly made in a cafe in 2004. "This story dates back to 2004. In one of my meetings with that person (Mahesh Murthy) at Mocha Cafe in Mumbai, he kicked off a conversation about his open marriage. "He was sitting across opposite and then got up and sat closer to me. He leaned forward and touched me inappropriately," Bansal told Pixr8. However, Murthy has denied all these charges. "Not only has she suddenly come up with claims about a period more than 13 years ago, the claims t...

Uber Moves Bombay HC For Rs 12 Crore Damage Case

22Apr By AnkitaNo Comments

News

Uber Moves Bombay HC For Rs 12 Crore Damage Case

App-based car service provider Uber India has approached the Bombay High Court seeking Rs 12 crore in damages from taxi owners and drivers associations for harming its reputation and livelihood of drivers by protesting against the company. In its suit, Uber India Systems Pvt Ltd also sought an injunction restraining the defendants from stopping Uber drivers to work, alleging that they were being "verbally abused, physically assaulted and threatened". The suit names Sangharsh Tourist Chalak Malak Sangh, an association of taxi owners and drivers, Action Committee of Maharashtra against Ola and Uber, Mumbai Vikas Foundation, All Drivers Welfare Association and Maharashtra Tourist Permit Union. "The defendants are deliberately, unlawfully and wrongfully resorting to violence and intim...

21Apr By AnkitaNo Comments

FUNDING

Quora Raises $85 Million Funding For Ad Business

Quora has raised a fresh round of $85 million dollars funding. The funding will use to promote more Q&A activities for People and generate ads through it. About a year ago Quora began introducing advertising as a way of making money. The round values the company at roughly $1.8 billion, according to a company spokesperson (who said that the valuation had roughly doubled from its previous valuation of $900 million). Quora launched privately in 2009 but and quickly drew buzz in the tech community in part because it was started by two well-respected early Facebook employees. The website opened to the public in 2010, serving as something of a high-end message board where people can ask questions and get solid answers. The site currently serves 190 million unique visitors a mont...

21Apr By AnkitaNo Comments

News

Flipkart Tightens Return Policy Rules

India's leading e-commerce platform Flipkart tightened its return policy rules on its platform. The e-commerce giant latest move won't offer refunds on a multitude of products like mobile accessories, personal care appliances, computer and camera accessories, office equipment, apart from high-cost items such as mobile phones, large appliances and furniture. "If a defect is determined within the 10-day period following delivery/installation, a replacement of the same model will be provided at no additional cost but if no defect is confirmed, the issue is not diagnosed within 10 days of delivery, a troubleshooting step cannot be performed, or if one replacement has already been provided, you will be directed to a brand service centre to resolve any subsequent issues", states company po...

Indian Narcotics Control Bureau Busted an Illegal Internet Pharmacy Startup

20Apr By AnkitaNo Comments

News

Indian Narcotics Control Bureau Busted an Illegal Internet Pharmacy Startup

The Narcotics Control Bureau of India today said it has arrested two persons involved in an illegal internet pharmacy business and has seized psychotropic drugs worth lakhs of rupees from them. The NCB teams of Andhra Pradesh, Karnataka and Telangana raided on April 18 night a "clandestine and unregistered" call centre at Thanisandra that used to sell psychotropic substances and other prescription drugs through the internet to thge US, Australia and various European countries. During the search, a large quantity of psychotropic substances like Alprazolam, Amphetamine, Diazepam, Clonazepam, Lorazepam among others were seized, NCB said in a statement. It said two persons, Salim Pasha and Mohammed Suhail Ahmed, were arrested under the Narcotic Drugs and Psychotropic Substances (NDPS)...

Myntra Acquires Bengaluru Based Logistics Startup InLogg

20Apr By AnkitaNo Comments

ACQUISITION

Myntra Acquires Bengaluru Based Logistics Startup InLogg

Fashion e-tailer Myntra today said it has acquired Bengaluru-based InLogg for an undisclosed amount, a move that will further strengthen the supply chain capabilities of the Flipkart-owned company. Founded in 2015, InLogg offers a technology platform that provides end-to-end logistics solutions for the e-commerce sector. "As part of the acquisition, the team at InLogg has been inducted into Myntra, making it an acquihire that will further strengthen and expand Myntras supply chain capabilities," Myntra said in a statement. "With an 80 per cent year-on-year growth, we are on a strong trajectory... The Inlogg acquihire with the platform and capabilities will help us scale while delivering great customer experience in Tier II, III and IV cities," Myntra Chief Strategy and Planning Of...

Matrix Cellular Launches App, Enters Into E-commerce Space

20Apr By AnkitaNo Comments

News

Matrix Cellular Launches App, Enters Into E-commerce Space

International mobile sim seller Matrix Cellular today launched an app for international travellers to help them book movie tickets, restaurants and taxi, among other things. Matrix Travel Companion App is now available for free on Android and Apple iOS platform, Bollywood actress and Matrix Cellular Independent Director Gul Panag said. She said the app has been incubated by Matrix Cellular but its business will operate independently from sim service business of Matrix. "Though we will like existing Matrix users to use this app but it is not mandatory for them to download it. It is free for everyone across the globe," Panag said. She said the company has partnered with Zomato, Uber to provide services in which they specialise while Matrix on its own has worked on tie-up with ven...