Tag Archives: IBM

HCL Tech To Buy Select IBM Products In 12,700 Crore-Rupees All-Cash Deal

The transaction, subject to regulatory reviews, is slated to close by mid-2019, HCL Technologies said. NEW DELHI: IT company HCL Technologies Friday said it will acquire select IBM software products for over Rs. 12,700 crore ($1.8 billion) in an all-cash deal. The transaction, subject to “completion of applicable regulatory reviews”, is slated to close by mid-2019, HCL Technologies said in ... Read More »

Indian startups emulate global ideas. That’s killing 90% of them: IBM study

Over 90 percent of Indian startups fail within the first five years. No surprise there as that is the global average as well. The surprise lies in the most common reason for failure of startups in India: lack of innovation, according to an IBM (NYSE: IBM) study.   “Many Indian startups lack pioneering innovation based on new technologies or unique ... Read More »

ICICI Bank Launches Appathon With Visa, NPCI, and IBM

ICICI Bank on Tuesday announced the launch of a virtual mobile app development challenge, and is calling on India’s developer community to create the next generation of banking apps on mobile. Announced in partnership with Visa and NPCI, and hosted on the IBM Bluemix platform, ‘ICICI Appathon’ offers over 50 APIs from the BFSI sector (Banking, Financial Services, and Insurance) ... Read More »