VARINDIA IT MAGAZINE

WeWork debacle portends a crisis for tech unicorns : Last week, GlobalData predicted SoftBank would turn off WeWork’s funding. Following the announcement that WeWork is taking its biggest investor to court, after SoftBank withdrew a $3bn capital injection; VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Big Data Exchange (BDx) completes acquisition of Data Center in Singapore : Big Data Exchange announced the completion of sale on a data center located in Paya Lebar, Singapore formerly owned by Telstra. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Google Pay and PhonePe secure top position in global fintech download chart : Google Pay followed by PhonePe were the most downloaded fintech app worldwide for February 2020, with 15.6 million and 6 million installs respectively. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

14 lakh SMEs to get benefited from Income Tax : With the SMEs are coming forward to congratulate the decision of the Government on taking decision of immediate tax refunds for SMEs, individuals to beat cash crunch up to Rs 5 lakh to be released for 14 lakh SMEs amid coronavirus COVID-19 lockdown. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Covid 19 pandemic: Bajaj Finance loses 350,000 customers in 10 days : The unprecedented lockdown due to pandemic has hurt the country’s largest consumer finance company in more than one way.  In a more truncated April-June 2020 quarter (anticipated being a 60-day quarter because of the lockdown versus the usual 90 days), VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

OYO asks thousands of employees to go on leave as revenue decreases by over 60% : OYO has said to its thousands of employees to go on leave or furloughs for a period of up to three months as the company plans to dodge coronavirus’ impact on the revenue and occupancy of its hotel rooms. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

COVID-19 crisis changes Internet user behaviour: +20% increase in overall data traffic : The leading carrier and data center neutral Internet Exchange operator on the Indian sub-continent, DE-CIX India, has noted a strong change in data traffic and also in Internet user behavior since before COVID-19 hit the globe VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

DALIM SOFTWARE to offer webinars to help graphic arts production departments to 'Do More With Less' : With most of us currently staying home, DALIM SOFTWARE (www.dalim.com) makers of highly efficient, scalable software solutions for the creation, production and management of print and cross-media content, is transforming DUO VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Wells Fargo to Expand Participation in the Paycheck Protection Program (PPP) : Wells Fargo & Company (NYSE: WFC) announced today that beginning immediately, in response to the actions by the Federal Reserve, it will expand its participation in the Paycheck Protection Program and offer loans to a broader set of its small business VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Shivaami Cloud Services wins award for the Diversity and Inclusion Partner of the Year 2019: Google Cloud : Shivaami Cloud Services, a premier partner of Google Cloud in India is honoured by the title of Diversity and Inclusion Partner of the Year 2019. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

India's solar energy plans to hamper : COVID-19 pandemic : In India, around 2.3GW of solar plants were expected to be commissioned from June to August 2020. However, the delivery of these projects has been impacted by the coronavirus (COVID-19) pandemic, says GlobalData. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

COVID-19 Battle: Trump says India may have to face retaliation, if turned down request for Hydroxychloroquine : US President Donald Trump warned India may have to bear the brunt of America's 'retaliation' if it does not lift hold on the export of Hydroxychloroquine, the anti-malarial drug used to treat coronavirus patients. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

ePOS sees a surge in demand among merchants associated with essential services Pine Labs app : Pine Labs, one of Asia’s leading merchant commerce platforms, today announced that it has published the ePOS by Pine Labs app on Google Play Store. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

NTT becomes a ‘business avenger’ to play in achieving un’s sustainable development goals by 2030 : NTT Ltd., a world-leading global technology services provider, has today announced that it will become a ‘Business Avenger’ to cement its commitment to achieving the targets of the 17 United Nations’ Sustainable Development Goals (Global Goals) by 2030. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

PUBG now available at 50% discount on Microsoft's Xbox Store : PlayerUnknown's Battlegrounds, also known as PUBG, is getting a massive discount on Microsoft's Xbox Store. The deal is available only for Xbox users. Also it is a limited period offer, which means users have to make the purchase as soon as possible. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

JM Financial Group has committed Rs 30 crore towards Covdi-19 relief measures under which it will give Rs 15 : JM Financial Group has committed Rs 30 crore towards Covdi-19 relief measures under which it will give Rs 15 VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Alexion to start Soliris in COVID-19 Phase II trial in next few days : Alexion Pharmaceuticals is revving up to enter the COVID-19 drug development race with Soliris (eculizumab), a drug that is already approved for other indications, a source familiar with the trial told Reynald Castañeda VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Goldman Sachs has dominated the latest mergers and acquisitions (M&A) league table of the top 20 financial advisers for the first quarter of 2020, according to GlobalData, a leading data and analytics company. : Goldman Sachs has dominated the latest mergers and acquisitions (M&A) league table of the top 20 financial advisers for the first quarter of 2020, according to GlobalData, a leading data and analytics company. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Organizations Turning to RPA to Respond to COVID-19 Pandemic : Organizations around the world are turning to automation to become faster and more agile in the face of increased demand and rapidly changing environments. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

ESDS Software is delighted to be recognized as Asia’s 15th Best Workplace To Work : Great Place to Work Institute has certified ESDS Software Solutions as Asia’s 15th Best Workplace of 2020 under its ‘Best Workplaces in Asia’ category. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE