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Syndicate Bank MD charts out plans to improve growth

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Syndicate Bank MD Mrutyunjay Mahapatra, one of the six SBI deputy MDs chosen by the Centre to head nationalized banks, has drawn up a multi-pronged plan to improve advances, clean up bad loans and grow fee income. The government has decided to tap SBI with the object of bringing some of the best practices of the country’s largest bank into smaller nationalized banks. To improve Syndicate Bank’s tier I capital adequacy ratio well over the 6.7% prescribed by the regulator, on January 7 Syndicate Bank’s committee of directors will meet to approve raising Rs 500 crore by issuing equity shares to eligible staff members under an Employee Stock Purchase Scheme. This capital-raising exercise comes on the back of the government investing Rs 2,460 crore in two tranches. After a career in SBI, Mahapatra has taken charge in September 2018. According to him the business plan is to build even as they are repairing. The uniqueness is that while the government mandate is to refer loans...

eScan launches Free Mobile Security for iPhones and iPads

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eScan has recently announced worldwide release of eScan Mobile Security for iPhones and iPads. Since the number of iPhone and iPad users has crossed 700 million worldwide (till the beginning of 2015), eScan has come up with this product for the benefit of these users of iPhones and iPads. eScan Mobile Security for iPhones and iPads will help the users locate their devices once lost or stolen. This software has several Anti-Theft, Backup and Restoration features that will help in enhancing the security of iOS devices. This eScan product can be downloaded directly from the iPhone and iPad App Store free of cost... Read more

L&T Infotech appoints Sanjay Jalona as CEO & MD

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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 ...

Deb Deep Sengupta becomes SAP’s new MD for Indian Subcontinent

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SAP has appointed Deb Deep Sengupta as the new Managing Director for SAP Indian Subcontinent to drive its growth strategy and operations in India, Bangladesh and Sri Lanka. Based in New Delhi, Deb Deep Sengupta reports to Adaire Fox-Martin, President of SAP Asia- Pacific Japan. Adaire Fox-Martin, President of SAP Asia-Pacific Japan, said, “We are confident that Deb Deep’s track record of customer engagements and deep knowledge of the industry will propel SAP India to continued success, as we increasingly deliver simplicity to our customers to address the complexities of hyper connectivity.” Deb brings more than two decades of wide-ranging IT industry and management experience to the role, with a track record of increasing market share, winning key customers and leading effective teams. Deb Deep was most recently the Chief Operating Officer for SAP Indian Subcontinent where he provides leadership and direction to SAP’s multifunctional sales and operations organizations in India, ...

UdayaBhaskar Rao Abburu elevated as MD of IRAM TECHNOLOGIES

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IRAM Technologies, Bangalore-based IoT start-up, had a change in Management. UdayaBhaskar Rao Abburu, Co-Founder and currently working as COO, has been elevated to become Managing Director with effect from 13th May, 2015. In a recent board meeting, members have accepted Syam Madanapalli, Co-Founder’s resignation for the post of Managing Director. Syam held the position of Managing Director since the inception of IRAM in 2009. He decided to dedicate his full time to promote IoT in India. “I am very much delighted to take up the role of Managing Director of IRAM. I believe that IoT is the emerging technology for the next five years. Many start-ups are working on various products and solutions over the past two years in this domain. But I am proud to say that IRAM is the only revenue-making company in the IoT domain. We are expanding our product portfolio and our team in the coming months. We are targeting on Smart City solutions for India and other emerging markets and designing s...

Avaya’s SDN FX helps business to enable in Unified Access and IoT

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Avaya has announced an addition to the company’s SDN Fx architecture to help bring businesses one step closer to enabling Unified Access and the Internet of Things – minus the disruption found in many major technology transitions. This launch will enable Avaya to uniquely positioned to accommodate Government’s Digital India initiative. The sense of digitization and “Smart City” initiatives is driving Avaya for its new line of next-generation, premium stackable Ethernet switches, the ERS 5900 series, optimized for Avaya Fabric Connect, allows companies to support new and emerging technologies as well as existing ones. “Avaya has a significant role in the Digital India initiative, SDN Fx is our core technology that delivers effortless networking infrastructure. The clock is ticking for businesses that want a competitive edge through greater network agility. By some estimates, it is expected that nearly 25 billion devices will be connected to the network in just four short years. Tha...

Konica Minolta buys printing business of Monotech Systems

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Konica Minolta has announced its acquisition of the Production Printing business of Monotech Systems Limited. The acquisition will come into effect from June 1, 2015. MSL is currently a distributor for Konica Minolta in India. With offices all across India, Monotech Systems Limited has a large customer base. Upon completion of the acquisition, Konica Minolta will operate out of 40 locations providing direct sales and service support to its customers. Under the agreement, all Konica Minolta customers with Monotech Systems will be transferred to it and the staff serving to production printing division of Monotech Systems will also be transferred to Konica Minolta. The other three distributors HCL Infosystems Limited, KMI Business Technologies Private Limited and TechNova Imaging Systems Limited will continue to be our valued business associates and operate, as earlier. Yuji Nakata, MD, Konica Minolta India, said, “We thank our customers for their unstinted support to our brand. ...

Sandeep Arya, MD, Amtrak Technologies

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Sandeep Arya MD, Amtrak Technologies The channel fraternity is the face of a corporate, and also an extended family. We are working towards all the uniqueness, newness, and competitive technology for the channel.

Jagdish Mahapatra, MD, India and SAARC McAfee

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Jagdish Mahapatra MD, India and SAARC McAfee   It’s critical for security vendors such as McAfee and channel partners to collaborate and invest in deepening the domain expertise levels for a swift and proactive alignment with customer needs.......... See More

LG extends Its Product Portfolio with G Pro 2

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   LG  has added another innovation to its mobile lineup for 2014, with the introduction of  LG G Pro 2  for the Indian market. It comes packed with an exciting 5.9-inch full HD IPS Display that give the user a brilliant visual experience on an expansive screen with genuine colours and intricate details. The wide display offers the ultimate entertainment experience, allows for convenient typing and brings out gaming graphics wonderfully. “We launched the G Pro last year in the Indian market and received an exceptionally favourable response from consumers. Following the success of the G Pro, we are launching the new G Pro 2, with enhanced features, based on the feedback of our consumers. The year 2014 is going to be an exciting year, as LG plans to bring out a string of innovative devices, which will capture the imagination of users. By the year end, we intend to take on 10% share of the Indian smartphone market,” said...

Cyberoam is now a Sophos Company

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Cyberoam Technologies Private Limited , the spinoff from Elitecore Technologies Pvt. Ltd. and funded by the Carlyle Group, has made an official statement that it has been acquired by  Sophos . Originating from Ahmedabad, India,  Cyberoam has consistently grown faster  than the market and gained cost leadership and operational efficiency advantages in the global network security market. “Cyberoam is a fine example that not all successful technology product innovation happens in Silicon Valley. It can happen anywhere, with the right drive and vision. We have been successful in building Cyberoam into a global IT product company that displays great product strength, team strength and unique innovation capabilities,” said  Hemal Patel, MD & CEO, Cyberoam Technologies . Cyberoam Technologies has more than 550 employees working across its worldwide offices with R&D and Global Support Management Centr...

Sonia Nagpal joins Su-Kam as GM – Global Business

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Su-Kam Power Systems  has announced appointment of  Sonia Nagpal as General Manager  of its Global Business. In her new role, Sonia will be responsible for the company’s businesses in the overseas markets and for devising the sales & marketing strategy for export business of the company. She will also be responsible for spearheading global expansion of the brand in more than 70 countries. Prior to joining Su-Kam, she was running her own start-up venture – i360 Staffing and Training – from 2008 to the present date. Before starting her own venture, she was working as Country Partner Alliance Manager with HP (‘96-’10) wherein she handled partners, customers and alliance partners of the likes of Oracle/ Telecom ISVs. Kunwer Sachdev, MD, Su-Kam , said, “We are delighted to have Nagpal on board. Her diverse background and extensive experience will support the dynamics of our business. I am happy to induct her into ...

Indian enterprises once again moving to BB 10

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   BlackBerry(NASDAQ:BBRY; TSX:BB)  has announced the growing adoption of  BlackBerry 10  and  BlackBerry Enterprise Service 10 (BES10) by Indian enterprises across a range of sectors. BlackBerry has a strong market position in India where the Company has seen more than 1,000 Indian enterprises adopting or testing BES10 since its launch in January 2013. “The enterprise market continues to grow in India and holds immense untapped potential for BlackBerry, especially in sectors like retail, insurance, banking, healthcare, construction and professional services. BES10 offers a single, unified management console to manage iOS, Android and BlackBerry smartphones,” said  Sunil Lalvani, Managing Director for India, BlackBerry. The rising number of organizations embracing BES10 in India as part of their mobile strategy showcases the enterprise commitment to the BlackBerry solution, which is recognized as the gold ...

Dell joins hands with Ingram Micro for distribution

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Intending to boost distribution of its commercial s desktop and notebook, Dell(NASDAQ:DELL)  has announced its partnership with  Ingram Micro . This will enable Dell’s end-customers to have immediate access to Dell’s products without any wait period.  The partnership is planned on a national distribution framework to touch a wider Customer and Partner base in the Indian market. Dell-Ingram partnership targets larger business opportunities for both the entities and at the same time also giving benefits to its end-customers and partners. Under this deal, both the companies will work in partnership on overall go-to-market activities, marketing and sales of these products. Ajay Kaul, Director & General Manager, Global Commercial Channel, Dell India , said, “ This partnership reflects the commitment to our channel strategy, keeping customers at the epicenter, as it enables customers to buy Dell’s fast selling and...

eScan wins Microsoft Certification

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   As per a latest update,  eScan  has announced that its antivirus solutions have achieved certification from  Microsoft for Windows 8 (and Windows 8.1) operating system  and will ensure secured computing environment to its users against evolving cyber threats. The latest range of eScan security solutions is tailor-made in accordance with the IT security needs of the customers.  eScan's user-friendly security solutions can be easily installed on PCs, laptops, etc with Windows 8.x OS and will ensure required protection from growing cyber threats. It also enhances the user's privacy, security to their important data, as well as their digital life.  Govind Rammurthy, MD & CEO, eScan , said, "We are happy to be certified by Microsoft for Windows 8. eScan's latest Security Solutions are completely compatible with the latest generation of Windows Operating Systems and hence will ensure safe computing en...

eScan bags Microsoft Gold Partner Status in Security Solutions

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   eScan  has announced that it has achieved the  Microsoft  Gold Partnership status in security solutions and has received the Microsoft Gold Certified Partner status through their active execution, domain expertise and strategic role in the industry of security solutions. Govind Rammurthy, MD & CEO, eScan , said, It is an honour to continue being the Microsoft Gold Partner and be associated with world's largest vendor, Microsoft. This shows that we are committed towards delivering the highest quality of security solutions and services. It is also a reflection of the dedication of our entire team which ensures that we meet and exceed the requirements of each competency. eScan as a Gold Certified Partner will receive a valuable set of benefits including training and technical support, which will help eScan to continue to provide products and services that satisfy the need of its clients. eScan's Gold Partner st...

Socomec launches New Series of UPS Systems for Businesses

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   SOCOMEC Innovative Power solutions  has announced the launch of its New ITYS I single phase UPS system ranging from 1000 to 3000 VA designed to ensure continuous power supply for Business IT and Industrial applications. The permanent regulation of output voltage and frequency make  ITYS I compatible with all IT and industrial applications , operating environments and when used in conjunction with a generator set. ITYS I designed to provide wide tolerance on input voltage limits the number of switchovers to battery mode that prolongs the battery life. The operator can adjust the charging current according to different configurations of battery. Powerful battery charger models guarantee constant and reliable operation using external high- capacity battery to overcome long outages. The microprocessor control system present in these UPS system optimizes functionality and reliability of these products.All ranges have a ...

Croma enters into strategic partnership with Groupon India

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Croma has announced an exclusive partnership with Groupon India. As part of this partnership, a co-branded microsite gadgets.groupon.co.in will feature the best deals in town on gadgets, including mobile phones, tablets, laptops, iPads and cameras. Ajit Joshi, MD & CEO, Infiniti Retail, said, "We are very pleased with the association and to celebrate the occasion, we are launching special promotional offers for the Croma Groupon customers. This partnership reiterates our commitment of delivering nothing less than the best. This collaboration will help us to widen our horizons to reach customers who are looking for attractive deals on gadgets without compromising on the quality. It blends perfectly with our corporate philosophy and we are looking forward to a successful journey ahead." Ankur Warikoo, CEO, Groupon India, said, "We are excited to sign an exclusive partnership with one of the largest and most credible br...

A10 Networks appoints iValue as National VAD

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   iValue InfoSolutions  has been appointed as national VAD by  A10 Network's  Networking & Security Solutions. A10's flagship AX Series are Application Delivery Controllers (ADCs) that allow customers to deliver a positive end user experience for applications, respond to business needs quickly and ensure efficient data center operations chose iValue as it focusses on  Data, Network and Application management areas. iValue has teams across 10 locations for key accounts, including vertical, solution and channel programmes.  Sunil Pillai, Co-Founder & MD, iValue InfoSolutions, said, "We see a huge demand for Application Delivery, performance and security across all customer sizes and segments. I look forward to working with select partners closely along with the A10 team to maximize compelling business opportunities through this partnership." Hayato Koeda, President & CEO for A10 Networks KK,...

Asus strengthens its presence in Karnataka

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   ASUS Technology has planned to further escalate its presence in Karnataka with the launch of 2nd exclusive retail store in Belgaum. The outlet will feature the entire range of Notebooks and Netbooks that have been launched in India till date.    “Belgaum is an important educational hub and has the biggest university of Karnataka... more