CHANNEL NEWS

Former State Bank of India chief Rajnish Kumar and Manipal Global Education chairman Mohandas Pai will not renew their contracts with Byju’s advisory council, further adding to the financial woes of the edtech company. Both Kumar and Pai’s contracts will end on June 30. They had joined the advisory council after investors Peak XV Partners, Prosus, and the Chan Zuckerberg …

L&T Technology Services Limited (BSE: 540115; NSE:LTTS), a prominent global engineering services company, has appointed Amit Chadha as CEO & Managing Director, effective April 1, 2021, as previously disclosed to stock exchanges on October 19, 2020. Prior to this promotion, Amit served as Deputy CEO & Whole-Time Board Member. Amit has been with LTTS since 2009 and has played a …

LTIMindtree’s former CFO Vinit Teredesai has joined Persistent Systems as their new Chief Financial Officer (CFO). Teredesai succeeds executive director Sunil Sapre, who is set to retire later this year. Prior to his role at Persistent Systems, Teredesai served as CFO at LTIMindtree, India’s sixth-largest IT services firm, and held positions at KPIT Technologies. With nearly thirty years of experience, …

Sandeep Barasia, the executive director and chief business officer of Delhivery, has resigned after over nine years with the company. His departure comes as Delhivery reported a net loss of ₹68 crore for the January-March quarter, a decline from a profit of ₹12 crore in the December quarter, but an improvement from a year-on-year net loss reduction of 57%. Barasia, …

**East Brunswick, NJ / Bengaluru, India – May 17, 2024:** Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting firm, has appointed Sanjeev Jain as Chief Operating Officer, effective immediately. Sanjeev takes over from Amit Choudhary, who is leaving to explore new opportunities. Sanjeev will report to Srinivas Pallia and remain a member of Wipro’s …

Axis Communications has unveiled the world’s inaugural explosion-proof thermometric camera, tailor-made for Zone and Division 2 hazardous environments. This innovative camera facilitates remote temperature monitoring, with the added capability of detecting temperatures within Zone and Division 1 hazardous zones. Crafted and certified to adhere to international explosion-proof standards, this release builds upon Axis’ prior launch of the first-ever explosion-proof camera …

Zscaler, a leader in cloud security, has introduced several AI-powered innovations to its Data Protection Platform, establishing it as the most comprehensive solution in the industry. These advancements include Data Security Posture Management (DSPM), Inline Email Protection, and GenAI security features, ensuring robust protection for data in motion and at rest across various channels. With the increasing threats of shadow …

Spectrum Instrumentation has introduced a new Python package called “spcm,” tailored for their range of test and measurement products. This open-source package simplifies programming for over 200 instruments with sampling rates ranging from 5 MS/s to 10 GS/s, leveraging Python’s renowned simplicity and extensive library support. The spcm package offers a high-level Object-Oriented Programming (OOP) interface specifically crafted for Spectrum …

Google has unveiled Trillium, its latest energy-efficient Cloud TPU designed to drive next-generation AI models. Trillium is already in use, powering Google’s advanced AI model Gemini 1.5 Pro. Presented at the I/O 2024 event, Trillium is the 6th generation Google Cloud TPU, tailored specifically for AI tasks, including the latest generative AI models such as Gemini 1.5 Flash, Imagen 3, …

Memory and storage solutions brand Lexar has appointed Adarsh Technologies, based in Bengaluru, as its strategic channel partner for Karnataka. This collaboration aims to strengthen Lexar’s distribution and sales network in the region, ensuring easy access to its products for consumers across Karnataka. Lexar will leverage Adarsh Technologies’ extensive retail network to make its range of products, including SSDs, USBs, …