Mobileye – Driverless Car Technology Firm Now Part of Intel Inc

US chipmaker Intel is taking a big bet on driverless cars with a $15.3bn takeover of specialist Mobileye. Intel will pay $63.54 a share in cash for the Israeli company, which develops “autonomous driving” systems. Mobileye and Intel are already working together, along with German carmaker BMW, to put 40 test vehicles on the road …

Indian Employers Expect Hiring to Remain Steady in April-June but Projects at Considerably Slower Pace

According to the ManpowerGroup Employment Outlook Survey released today by ManpowerGroup, the survey of 4,389 employers across India indicates that the hiring activity is expected to remain steady. In fact, employers in only three other countries report more optimistic second-quarter hiring plans than those in India. However, India’s Net Employment Outlook has now dipped by varying margins for five …

‘Trump Can be a Blessing for IT Cos’; They can Solve India’s Problem: Mukesh Ambani

Even as the IT industry keenly awaits the impact of protectionist measures by the Trump government in the United States, Reliance Industries Chairman Mukesh Ambani believes that his victory could be a blessing in disguise for Indian IT companies. “It has been a great journey till now (for the Indian IT industry)….Trump can actually be …

‘Technology Push to Aid Digital Economy’ – Union Budget 2017-18

Budget Reactions Anant Maheshwari, President, Microsoft India says, “The Finance Minister has presented a balanced budget, underlined by the continued push to using technology to aid a digital economy. As India strengthens its position on the global map, the need for skilled youth is crucial. The budget’s focus on extending market relevant training for the …

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. …

Ministry of Power & Swiss Government Sign MoU for Joint Building Energy Efficiency Project

Dr. Andreas Baum, Ambassador of Switzerland to India, and Raj Pal, Economic Adviser, MoP, Government of India, have inked the pact to extend the Indo-Swiss Building Energy Efficiency Project (BEEP) by five years, based on successes achieved by the project in its first phase. A Memorandum of Understanding (MoU) had been signed between the Governments …

Global Cybersecurity Predictions for 2017 and Beyond…

By Vishal Gupta, Co-Founder and CEO, Seclore The year 2016 has been an epic year for cyber security threats. Current projections published from a Cybersecurity Market Report indicate that cybercrimes will only continue grow to an enormous $6 trillion in annual losses to the world by the year 2021. Due in part to our hyper-connected world, …

Microsoft Accelerator with Wipro to Drive 13 New Startups in Dec 2016

Microsoft Accelerator, a global program built to empower startups and Wipro Limited, a leading information technology, consulting and business process services company have entered into a partnership that will provide startups with greater opportunities to innovate and grow their business. This announcement was made at the accelerator’s flagship event – Think Next 2016 that brings …