CHANNEL NEWS

PFRDA is seeking bids for a system integrator role in the development and maintenance of PFRDA-TRACE, a comprehensive platform for regulatory and supervisory compliance reports by intermediaries. The national pension system regulator aims to enhance technology infrastructure through this project, with the bid submission deadline set for March 11, 2024. PFRDA-TRACE will not only facilitate the submission of reports but …

UGRO Capital, a prominent DataTech NBFC specializing in MSME lending, has achieved a significant milestone by securing approximately INR 2,500 million through Non-Convertible Debentures (NCDs) from the esteemed Asian Development Bank (ADB). This investment reflects ADB’s firm dedication to promoting inclusive, resilient, and sustainable prosperity by supporting small businesses at the grassroots level. In December 2023, UGRO Capital had previously …

Venture capital firm Capria is actively promoting AI adoption within its portfolio companies to enhance efficiencies and expand market reach. Will Poole, Managing Partner at Capria, emphasizes that startups neglecting AI integration risk falling behind competitors who leverage this technology early on. The firm, with over 350 startups in its portfolio across various regions, is closely collaborating with these companies …

Kyndryl, the world’s largest technology infrastructure services provider (NYSE: KD), has unveiled two new security edge services in collaboration with Cisco, aimed at enhancing customer security controls and addressing cyber incidents proactively. The first, Kyndryl Consult Security Services Edge (SSE) with Cisco Secure Access, offers a unified approach for consulting and implementing an SSE architecture using Cisco’s technology. The second, …

Samsung, the world’s largest memory chip manufacturer, has established a new research laboratory in the United States dedicated to advancing the development of next-generation three-dimensional (3D) DRAM, as reported by industry sources on Sunday. The lab operates under Device Solutions America (DSA) in Silicon Valley, overseeing Samsung’s semiconductor production in the US. Its primary objective is to create an enhanced …

Generative AI (GenAI) is projected to generate up to $100 billion in annual healthcare savings in Asia/Pacific excluding Japan (APEJ) by 2025, contributing to a potential 10% time release for clinicians. An IDC report indicates that by the end of 2027, 60% of healthcare organizations in the region will double their GenAI investments, driven by the demand for hyper-personalized patient …

DNIF HYPERCLOUD has launched advanced threat detection and analysis features, marking the initial application updates for 2024. Aimed at empowering security professionals, the updates focus on enhancing collaboration, streamlining analysis, and improving incident response. In response to the rising risk of cyber-attacks, particularly evident in the recent e-Nagarpalika portal breach in Madhya Pradesh, DNIF HYPERCLOUD introduces key features: Advanced Dashboard …

Atlassian Corporation (NASDAQ: TEAM) has appointed Shamik Sharma as Head of Engineering, Commerce, and Enterprise Agility, reinforcing its India leadership team. In this role, Shamik, who brings nearly three decades of experience, will report directly to Atlassian’s CTO, Rajeev Rajan. His extensive background includes co-founding Cure.fit/Cult.sport, serving as CTO and CPO at Myntra, and holding leadership positions at companies like …

Mumbai, January 30, 2024 – Blue Star Limited, a prominent player in the air conditioning and refrigeration industry, experienced a significant uptick in demand for its room air conditioners and commercial refrigeration products during the festive season. This heightened demand was not only confined to the consumer segment but also extended to the commercial and industrial sectors, particularly evident in the …

Microsoft Teams is gradually recovering from an outage that disrupted access to the messaging platform. On Friday, services began returning for some users, with about 1,600 reported incidents at 05:20 p.m. ET, down from over 14,000 earlier, according to Downdetector.com. Microsoft acknowledged a networking issue affecting part of the Teams service and initiated a failover, though immediate relief was not …