RS Components India to Grow Online Business to 50 Percent Over Next Few Years

By Manu Sharma Global industrial component and electronic products distributor R S Components is all set to expand its online trading platform in India from the existing 30 percent to 50 percent over the next three to five years. After 24 years of operations in India, the UK-headquartered firm has announced a sum of Rs …

Boeing Announces Launch of Engineering & Technology Center in Bangalore; To Employ Hundreds of Engineers In India

Boeing has announced the formal launch of the Boeing India Engineering and Technology Center (BIETC) in Bangalore. Hundreds of local Boeing employees will work to support Boeing – including Information Technology and Data Analytics, Engineering, Research and Technology, and Test. BIETC will leverage a talented pool of employees to increase productivity and long-term competitiveness to …

RS Components Sets Up New Electronic Center in Bangalore; To Focus on IoT, Medical Electronics & Aeronautics, Automotive

RS Components, the world’s largest distributor of electronics and maintenance products today announced the opening of their innovation hub, a  new  ‘Electronic Centre’ in Bangalore. The high service level supplier of electronic components and tools plans to invest close to $ 15 million over the next two to five years at the Bangalore centre. The …

India’s Largest Telecom Company to Deliver Enterprise-Wide Compliance Management Now Runs on Simpliance Platform

In a move set to revolutionize labour law compliance administration and management in India, about 40,000 pages of complex legalese content has been catalogued into a patent-pending ERP tool – Simpliance for free public access. Quess Corp, India’s leading integrated business services provider has bought a 45% stake in Bengaluru-based Simpliance. The SAAS-based, plug-and-play software …

Cisco Reveals the Current State of Digital Transformation in Retail

National Retail Federation (NRF) Convention and Expo – Cisco – Analysts are hailing 2016 as the best year for holiday sales growth since 2005. However, this growth is not coming from the traditional brick and mortar channel. Instead, Internet shoppers saved the holiday season by setting new records for online sales during Black Friday, Cyber Monday and Bounce …

NetApp Invests Rs 1000 Crore for a 55,000 Sqft New Tech Campus in Bengaluru

NetApp, the $5.55-billion global major in storage and data management, has inaugurated its independent campus in Whitefield in Bengaluru. Set up with an investment of Rs 1,000 crore and built on 55,000 sqft of space, the new campus is a 15 acre campus and was inaugurated by the Karnataka Chief Minister Siddaramaiah along with the state Industries Minister R V …

Belfrics Brings Blockchain Technology; Unveils Bitcoin Exchange Operations in India

By Manu Sharma If you’re going through a traditional banking process then transferring cash to another bank account still remain a stressful process. But a major shift is underway among organizations and big banks who hope to make the process – cheaper, faster, and more efficient by using the “Blockchain” technology that underlies cryptocurrency Bitcoin. …

Infosys Announces Internal Carbon Price at $10.5 Per Ton of CO2

Infosys, a global leader in consulting, technology, outsourcing and next-generation services, has announced its internal carbon price at $10.5 per ton of CO2e, at an event organized by the Carbon Pricing Leadership Coalition (CPLC) in Zurich. A significant milestone for Infosys, the price will be applicable for a period of two years and will represent the …