India’s stock market bulls charge ahead as Nifty hits record highs

The Indian stock markets opened on a positive note, with indices maintaining their upward momentum, signalling a bullish trend. Bulls have taken firm control, and despite potential challenges, the NSE Nifty’s momentum remains strong. The BSE Sensex opened 294.06 points higher at 69,584.29, while the Nifty opened 78.95 points up at 20,934.65. Among the Nifty companies, 33 witnessed advances, while 17 faced declines.

Data Safeguard Inc. hires Wipro exec of Indian origin as Chief Growth Officer

Data Safeguard Inc., a global award-winning leader in data privacy solutions has hired a top corporate executive of Indian origin as its Chief Growth Officer. The new CGO will help define and drive the overall growth strategy of the company in marketing, alliances, partner ecosystems, investor and analyst relationships across the globe while aligning with market and customer needs.

India emerges as a major player in global markets, says MSCI Emerging Markets Index

As a result of India’s investment-led growth trajectory, several experts have produced an upbeat appraisal of the economy, resulting in the rapid rise of a $5 trillion GDP. The impressive performance of the Indian equity market isn’t seen as an isolated incident, but rather as the start of a long-rising trend. In addition, China’s weight in the MSCI Emerging Markets Index has decreased by 7 percentage points, compared to an increase of 5 percentage points for India.

Wipro to acquire Brazilian IT services provider

IANS Indian software major Wipro Tuesday said it has signed an agreement to acquire IVIA Servicos de Informatica Ltda, a specialized IT Services provider to financial services, retail and manufacturing sectors in Brazil, for an undisclosed sum. Founded in 1996, IVIA provides IT solutions including system development, maintenance, consulting and project management services to clients […]

Wipro unveils new AI software for global enterprises

IANS-   IT major Wipro on Tuesday unveiled three Artificial Intelligence (AI) starter solutions using Intel Xeon chip to help global energy, utilities, and healthcare enterprises adopt the new software. “We will leverage Intel’s AI technology to maximize the performance of our AI solutions when running on its Xeon scalable processors,” said the city-based software […]

The Disruptive Potential of Blockchain in Media and Entertainment

Damodar Sahu   Blockchain is currently one of the most widely discussed and hyped technologies. Many readers are familiar with Blockchain as the underlying enabling technology developed for Bitcoin, a cryptocurrency. Klaus Schwab, founder and executive chairman of the World Economic Forum, provides this summary in his book on the Fourth Industrial Revolution. “In essence, […]