VARINDIA IT MAGAZINE

NASSCOM Foundation, in collaboration with Mphasis and Genpact, has announced the launch of the eighth edition of the NASSCOM Social Innovation Forum – a “Tech for Good” platform that aims to drive technology-led innovation to create sustained social impact. The annual awards, as a part of the Forum, identify, select, honour and support innovative solutions and projects that use Information & Communication Technology (ICT) to address gaps in the key developmental areas and foster inclusive growth. Riding on the last year’s success, where the programme received interest from over a thousand innovators, NASSCOM Social Innovation Forum (NSIF) hopes to see robust participation this year as well, from a wide array of social innovators, including NGOs, Social Enterprises, For-profit Enterprises, Individuals... Read more

Infor has entered into an agreement to acquire GT Nexus for $675 million. The deal is expected to close within 45 days, pending regulatory approval. “Together, Infor and GT Nexus will provide customers with unprecedented visibility into their supply chains to manage production and monitor goods in transit and at rest,” said Charles Phillips, CEO of Infor. “In a complex, high velocity supply chain, all partners need to know what was ordered, when it was built, where it is in transit, if the order has changed, and has it cleared customs. Specialization and speed are moving the future of manufacturing into the commerce cloud.” “Infor is a great home for GT Nexus, and we are excited to join forces with a company with a strong manufacturing, retail, and supply chain pedigree,” said Sean Feeney, CEO, GT Nexus... See more  

Sophos intends to maintain the growth momentum it has achieved after its recent IPO announcement. The company won applause from the UK government, investors as well as customers for this public listing, which is the biggest ever of its kind for a UK software company. Earlier this month, Sophos had announced plans to raise $125 million by selling about 35 per cent of its shares priced at 225 pence per share in a public offering on the London Stock Exchange that would set its valuation at about $1.6 billion. The company now wants to ride on its IPO success with clear growth plans for the future. Kris Hagerman, Chief Executive, Sophos, says, “Sophos has plans to innovate and expand each core product. We are also looking forward to address next-generation threats by focussing on integration and information sharing between endpoint and network technologies.” Read more

Alphabet, a new holding company of Google, is going to create a new dimension in the era of digital world. During the last three years, Google has developed so many emerging technologies which are going to have much importance in the coming days. It is just realignment of the new operating structure to increase the management scale and focus on its consolidated businesses and opportunities. Larry Page, Co-Founder, Google, said, “Our company is operating well today, but we think we can make it cleaner and more accountable. So we are creating a new company called, Alphabet. I am really excited to be running Alphabet as CEO with the help from my capable partner, Sergey, as President.” Read more

eInfochips has announced that Arrow Electronics will offer the Eragon600 Development Kit, System-on-Module, and Design Services for companies to design products and systems based on the Qualcomm Snapdragon 600 processor. The Snapdragon 600 processor is a product of Qualcomm Technologies. Engineers can shorten development time, reduce design risk and add performance scalability to their designs using the Eragon600 Development Kit and SoM. Eragon600 is a key enabler for OEMs working on technologies for multimedia, digital signage, robotics, infotainment, drones, automotive, video conferencing, medical, camera, biometrics, smart homes, industrial and building automation. This collaboration extends the availability of the Eragon600 with Arrow’s global presence and eInfochips global engineering services. The solution will accelerate commercial deployment time, and provide extended design support for companies across the world with direct presence from Arrow and eInfochips... Read more

Larsen & Toubro has announced the appointment of Sanjay Jalona as the Chief Executive Officer & Managing Director of its wholly-owned subsidiary L&T Infotech, with a mandate to lead the company in its next phase of growth. He has also been inducted as a Director on the board of L&T Infotech. Prior to joining L&T Infotech, Jalona was with Infosys as Executive Vice- President and Global Head of High-Tech Manufacturing & Engineering Services. “Sanjay brings vast experience and deep understanding of changes in the industry that is very valuable to L&T Infotech,” said A. M. Naik, Group Executive Chairman, Larsen & Toubro. “Our clients are seeking smarter and more intelligent solutions. We believe that Sanjay has the ability to solve these challenges and the experience to take L&T Infotech to the next level.” During his 15 years at Infosys, Jalona had held senior leadership positions across USA, Europe and India. His track record includes achieving ...

Quikr has announced that Bollywood actor Ranveer Singh and South Indian superstar Suriya have been chosen as the official brand ambassadors of the online classifieds platform. Having risen to the top of their field, the talented actors were selected by Quikr as they represent the aspirations of modern India. This move is aligned with Quikr’s new brand positioning of “Aasan hai badalna” which reflects the changing aspirations of the youth in modern India. Ranveer and Suriya will be seen in Quikr’s upcoming advertising campaigns which are due to be launched later this month. Commenting on the occasion, Pranay Chulet, Founder & CEO, Quikr, said, “Quikr is a young, and energetic brand that constantly seeks to delight its users. Ranveer is an innovative, self-made star who stands out from the crowd. These qualities resonate with us and our journey towards market leadership. With his enormous talent and massive popularity, Ranveer’s association with Quikr will give our platform more...

Sony India has taken yet another step in redefining the imaging industry with the launch of its new flagship full-frame mirrorless camera – the Alpha7R II. This stunning interchangeable lens camera features the world’s first back-illuminated full-frame Exmor R CMOS sensor, which realizes high-resolution (approximately 42.4 effective megapixels), high-sensitivity (expandable up to ISO 102400) and high-speed AF response up to 40 per cent faster than the original Alpha7R, thanks to 399 focal plane phase detection AF points. The company continues to deliver game-changing imaging products that are changing the way of imaging. The camera also includes a 5-axis image stabilization system borrowed from the acclaimed Alpha7 II model, and has the ability to shoot and record 4K videos in multiple formats including Super 35mm (without pixel binning) and full-frame format, a world’s first for digital cameras.  Additionally, it has a newly refined XGA OLED Tru-Finder with the world’s highes...

Infogain has announced that ChrysCapital has invested US$63M in the company.  This infusion of capital will enable Infogain to broaden its solution offerings, pursue strategic acquisitions, explore new geographies and accelerate the expansion of its employee base.  ChrysCapital is a highly reputed private equity firm managing assets of US$2.5 billion. The firm has been amongst the most prolific investors in the IT services space with investments in companies such as HCL Technologies, LiquidHub, KPIT Technologies, Cyient, Mphasis and Spectramind. “The partnership with ChrysCapital signifies a major milestone in Infogain’s business lifecycle,” said Kapil Nanda, CEO, Infogain.  He continued, “ChrysCapital’s support will help our firm to grow organically and through strategic acquisitions.  Additionally, we will leverage opportunities to further diversify into next-generation service offerings such as the customer experience, cloud services and end-to-end retail solut...

In association with the Telangana Government, MAIT has announced the hosting of IT Asia 2015 in Hyderabad from 25th to 27th September, 2015 at the Hitex Exhibition Centre. IT Asia 2015 is one of the India’s leading platforms, providing end-to-end solutions to the technology fraternity and one-to-one interaction opportunities with the key business associates. Here is a resolute exhibition showcasing brand new innovations and technologies to help electronics and ICT community link and network along with. It will offer plenty of networking, sales and marketing opportunities for the domestic and international ICT players and the investor community,  ... Read more

Videocon Telecom has announced the third season of its highly successful youth engagement programme “Young Manch”. This unique and popular talent hunt programme which is now commencing its season 3 will cover over 210 colleges/institutes across 45 cities in Punjab, Haryana, Gujarat, Madhya Pradesh and Chhattisgarh. To get a better connect with the youth, Videocon Telecom has roped in Miss India 2015 Aditi Arya as the youth icon for Young Manch. Aditi is also a Research Analyst with Ernst & Young and has been awarded Young Leader’s scholarship by the Indian School of Business (ISB). She is also the youth ambassador for the state ... Read more

Paladion has announced its debut OWASP workshop at AppSecUSA 2015. Scheduled to be held from 22nd to 25th September at the Hyatt Regency in San Francisco, AppSecUSA 2015 will also feature several other industry stalwarts conducting workshops on various topics relating to app development, deployment, security, design and maintenance. Titled “Securely Designing and Developing with Popular MVC Frameworks”, the two-day workshop will take place on September 22nd & 23rd and will be conducted by Paladion’s Muhammed Noushad K. The workshop will focus on imparting knowledge on secure design principles and highlighting the most common problems in custom MVC designs while using standard frameworks such as Struts, Hibernate and Spring... Read more