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According to the company Banga will take over as new President and CEO, effective from October 1.

Avinash Joshi will report to Sharad Sanghi who has been elevated to the role of Managing Director and will lead the businesses in the country.

The company plans to focus on two strategic priorities -- 5G protocols and virtualised services for the mobile industry

NEC will use Microsoft Azure as its preferred cloud platform as a result of the partnership. The companies will collaborate to migrate NEC's on-premises IT environment to Azure and to deploy Azure Virtual Desktop and other Azure services to the NEC Group's worldwide workforce of 110,000 employees.

Japan’s government has announced to pay half of the 37 billion yen ($337 million) cost of a research facility to develop this chip manufacturing technology in Japan

The Japanese technology firm NEC Corporation is setting up research and development centre in Mumbai to focus on the global expansion of its solutions.

PropTech start-up BuildSupply said that they have raised an undisclosed amount for its Pre-Series A financing round led by Gree Ventures a premier Japanese Tech Venture fund, with participation from Venture Highway

Losses for the last six months totaled about 5 trillion yen ($37 billion), and the latest red ink was the worst quarterly loss since the company's founding.

In his new role, Negi will take charge of the finance function for BharatPe and will be working towards making the company EBITDA positive by March 2023.

Under the expansion plan, the TKML is also expanding its training institution with capacity going up from 200 to 1,200 students (academic batch-wise).