VARINDIA IT MAGAZINE

According to a parliamentary panel’s report, State-run electronics firm ITI Ltd will have order booking worth of Rs10,000 crore by end of this month. “The total order booking of ITI will be about Rs 10,000 crore by March 31, 2018. ITI will achieve this target in the year 2018-19,” the report of standing committee on information technology said. The state-run firm has recently bagged an Rs 840 crore order for smart meters, while Rs 8, 000 crore worth orders are expected from ASCON project phase IV. ITI being L1 in many tenders would also get orders of about Rs700-800 crore before March 2018, the report said. The department of telecommunication (DoT) shared with the committee that during 2016-17, Palakkad unit of ITI earned maximum profit and Rae Bareli unit was under maximum loss.... Read More

According to the latest reports, Avaya India has moved the National Company Law Tribunal (NCLT) against Reliance Communications (Rcom) to recover Rs.7.5 crore.  “Rcom has not paid dues for call centre services from January to September 2017,” said Avaya legal counsel Abhishek Adke. The tribunal has asked Rcom to file its response in the next ten days. The matter is listed for March 23.... Read More

Ness Digital Engineering, a portfolio company of The Rohatyn Group (TRG), has executed a definitive agreement to acquire Linium, LLC, a digital business, engineering, experience and transformation consultancy. “This acquisition will further extend our capabilities in digital operations and business process management and automation,” said Paul Lombardo, Ness Digital Engineering CEO. He further added, “Organizations are under tremendous pressure to be more agile and efficient in their operations, and Linium is highly regarded for its expertise in strategic business process consulting and helping clients use technologies to transform business processes. We share a similar philosophy for how we work with clients: understand their business needs first, then our collaborative, experienced teams apply modern systems design that ensures execution is successful on day one and can evolve as business needs change.” Read More

In line with repositioning itself as The Digital Performance Company, Riverbed Technology has launched the Riverbed Digital Performance Platform and unveiled a new brand identity, accelerating the company’s strategy to deliver solutions to maximize digital performance and fuelling new growth opportunities in a $30 billion+ market. The announcements are the result of a multi-year strategy from Riverbed to lead in the area of digital performance, which included several strategic acquisitions, organic development of digital performance and cloud-based features and functionality, and integration across multiple solutions. “Digital business is now mainstream and digital performance defines business success. Riverbed has also evolved significantly the last few years, with entirely new offerings that have enabled us to deliver a modern IT architecture for today’s digital enterprise,” said Subbu Iyer, SVP & Chief Marketing Officer, Riverbed. “The result of these efforts is the ne