Tech Observer Desk
Canon looks to consolidate India biz, appoints Manabu Yamazaki as new President & CEO for India ops
Yamazaki, a known corporate administrator, will be overseeing the strategic operations of Canon India and is tasked to strengthen the existing core businesses and bolster growth
Top techie Pooraan Jaiswal joins Entero Healthcare as the Chief Information Officer
A PhD holder from Marymount University, Virginia, USA, Jaiswal has a Bachelor's degree in Mathematics from Mumbai University and Masters in Technology from Manipal University
Top cybersecurity expert Agnidipta Sarkar joins Biocon as Group CISO
In this new role, Sarkar will be leading the cybersecurity and risk management domains at the biopharmaceutical company
RIL looks to ride NUE to foray into global digital payment biz
Planning new strides in the digital payment segment, Reliance Industries’ proposed New Umbrella Entity (NUE) for payments services, in a consortium with Infibeam Avenue, Google and Facebook has set its eyes on global launch.
Fintech startup StashFin raises $40 million in Series B extension equity financing
Singapore-based neo-banking startup StashFin has announced the completion of Series B Extension equity financing of $40 million from a clutch of global investors.
Hitachi to acquire digital engineering firm GlobalLogic for $9.6 billion
According to company estimates the acquisition is one of the biggest in the product engineering services space
Lenovo names Amar Babu as business head for Asia Pacific region
Babu succeeds Ken Wong, who will be elevated as President, Lenovo Solutions and Services Group to capitalize on the Group’s service-led transformation growth opportunities
Oracle rolls out free Cloud migration services
The company in the latest announcement said that the new services will be offered to all existing and new Oracle Cloud customers worldwide at no additional cost
Indian technology services sector to breach $350 billion mark by 2025: McKinsey
A Nasscom report jointly released by McKinsey & Company Knowledge Partners - also noted that technology-driven companies are leading the path to a faster recovery globally
Centre clears Rs 10,900 crore PLI scheme for food processing sector
The Union government has recently announced 13 PLI schemes following an economic lull due to the Covid-19 pandemic outbreak