Oct 21, 2015 - HCL acquires Volvo's tech business for $138 million : Wins IT deal worth $2 billion over the next five years

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Advt: Get qualified leads for your business TradeBriefs introduces automated mobile number verification, progressive qualification and other API-based verification. Save time and money! IT firms like Accenture, TCS spending millions to train workforce to meet Global Standards IT firms are spending ever larger sums of money as they enter a skilling arms race to keep pace with the increasing demand for digital services. HCL acquires Volvo's tech business for $138 million : Wins IT deal worth $2 billion over the next five years HCL said it has signed a letter on intent with the Volvo Group for undertaking its infrastructure and operation services 109-year old Hamdard aims to revamp its biz Brand extensions of Rooh Afza expected in ready-to-drink category Hyperlocal startups like Grofers, Pepper-Tap, TinyOwl reduce use of petty cash via prepaid cards Grofers, RoadRunnr and others have started using cards from a Bengaluru-based startup, Happay, which offers prepaid expense management solutions. How Indian companies are misusing public trusts to launder their CSR spending Public trusts are a favoured route to launder money because they are not adequately governed or monitored. The 30 most powerful women in mobile advertising : a list LinkedInVox's Lindsay Nelson is on our list.Men tend to dominate the mobile advertising world.So each year we ask readers and companies to nominate who they India adds 5.21 lakh jobs in a year Employment in eight sectors including IT/BPO, automobiles, gems & jewellery and textile rose ... 'Every single time a transaction failed, it changed me as an entrepreneur': Interview with Freecharge founder Kunal Shah The startup ecosystem in India has grown at a phenomenal rate as compared to few years back. ‘Startup’ is the word of 21st century. … LinkedIn India's MD Nishant Rao to join Freshdesk as its COO Rao currently serves as the chairman of IAMAI and is also on the Advisory Board for the National Committee on Skill Development, CII. Bollywood actor Deepika Padukone launches her own fashion private label brand called "All About You" on fashion app Myntra Bollywood actor Deepika Padukone has launched her own fashion private label brand called "All About You" on fashion app Myntra. Localbanya is 'temporarily' out of business "The company is also trying to change the model of sourcing merchandise from large retailers or cash-and-carry players to consumer goods companies directly." Smartphones put power to deal currencies into retail traders' hands "We are seeing a big number of clients who are not only mobile first, but mobile only," said Ivan Ashminov, Trade 212's co-founder. UPA policy on FDI in multi-brand retail retained; BJP says won't approve any proposals BJP categorically declared that Narendra Modi-led BJP government at the Centre will not approve any FDI in multi-retail trade proposals during its tenure. Mission Indradhanush at risk? RBI puts Indian Overseas Bank on watch due to poor finances The government might appear to have taken giant strides by its own yardstick, but going by the enormity of the situation they are just baby steps. India Inc may have to file monthly returns for business-to-business deals Foreign mobile app providers which have to register and take up an office to operate in India, will be able to file returns from outside the country. Steel crisis grows as Tata confirms 1200 Jobs cuts Tata jobs to go in Scunthorpe and Scotland; one in six UK steelworkers face redundancy IT firms like Accenture, TCS spending millions to train workforce to meet increasing demand for digital services IT firms are spending ever larger sums of money as they enter a skilling arms race to keep pace with the increasing demand for digital services. Kerala High Court quashes commercial tax department's order imposing more than Rs 49 crore penalty on Flipkart, Myntra Kerala High Court today held as illegal the commercial tax department's order imposing more than Rs 49 crore penalty on online traders Flipkart and Myntra. The phone is your wallet too Mobile wallets are an exciting innovation. But the technology is still in its infancy; cost and security concerns remain Railways ministry changing processes to speed up project execution The railways ministry has a capex target of Rs 1 lakh crore for the financial year The Economics of Using Uber in India : Deepak Shenoy by Deepak Shenoy, Capital Mind I’ve been taking a lot of Ubers and Olas to work. More Uber than Ola [1], and I get phenomenal conversations because I can speak in Kannada, which is apparently a rare thing in Bangalore, looking at the number of drivers who seem to be delighted. The economic The critical barrier to global connectivity that Facebook and Zuckerberg forgot A lack of regular energy might be the bigger hurdle to staying connected in Africa Online tech education startup AcadGild set to announce first round of external funding AcadGild, the online technology education start-up founded by Vinod Dham – popularly k Google reduces price of 'Google for Work' : Escalates attack on Microsoft If they dump Microsoft, Google will give them free use of a package of its competing software that normally costs $5 or $10 per user each month. Attune Technologies Secures $10M Funding from Qualcomm and Norwest VP Attune Technologies has secured an amount of $10 million in Series B funding from Qualcomm Ventures, and Norwest Venture Partners. Vicco chairman Gajanan Pendharkar passes away Those in their 40s have indelible childhood memories of the 'Vicco turmeric ayurvedic cream' jingle telecast before the popular television series 'Yeh Jo Hai Zindagi' in 1985. Mumbai-based craft beer maker White Owl Brewery raises Rs 10 crore It aims to expand its products to numerous restaurants and bars in Mumbai. Foreign banks like HSBC, Citibank hire investigators in India to probe black money trail Sources said these internal investigators at banks would also scrutinise and report on current account holders with large bank balance. Big sale days: How e-tailers keep staff motivated Top marketplaces such as Flipkart, Snapdeal, Amazon and Paytm are all giving short-term dividend perks to their staff. Indian IT bigwig Infosys and Chinese ICT solutions provider Huawei to jointly launch smart stadium solutions Infosys, country's second-largest software services firm, and Chinese ICT solutions provider Huawei have partnered to launch a smart stadium solution. FirstHandle to invest Rs 30 crore in the next one year on expansion; to start operations in Mumbai and Bengaluru in the next couple of weeks The startup will start operations in Mumbai and Bengaluru in the next couple of weeks, said its cofounder and CEO Gaurav Sinha. Exclusive: The story of Sam Pitroda and Indian telecom revolution Sam Pitroda today flayed the Narendra Modi government for snatching away all the credit for the digital revolution started by Rajiv Gandhi. Black Monday looked like 1929 again Monday, 19 October 1987, is the day better known as Black Monday, when the stock market plunged 508 points in a single session Indian airlines' balance-sheets to remain stressed in near term: ICRA Rating agency also says the industry is expected to continue to have significant funding requirements until the airlines are able to cut their debt Global HR management system requires hard push on vendors Find out how Abbott Laboratories implemented Workday's global HR management system and went live around the world in one day. Meru Cabs ties up with Taxis G7 to enable cab services for Indian travelers in several global cities through the French company's eCab mobile app Meru Cabs has tied up with Taxis G7 to enable cab services for Indian travelers in several global cities through the French company's eCab mobile app. Hyderabad duo brews a health drink It all started with an innocent entry to a beer-making competition! The experience gained in the brewery sparked off a bright idea that got the duo of Arjun R. Krishna (25) and Damini Mahajan (24) a funding of Rs. 50 l Call drops: Telcos seek clarity on compensating subscribers Experts have raised concerns over the implementation of telecom regulator Trai's new rules regarding the compensation to consumers for call drops Snapdeal to continue with festival sales every Monday till Diwali Snapdeal will continue its festive sales every Monday till Diwali in a bid to grow business by seven times sequentially this season over the preceding period. Meet the woman who busted myths Her first love was economics when the subject was not much of a rage in the country, and there were not many job offers associated with it. Bangalore-based hyperlocal delivery startup Opinio raises $7 million in Series A funding led by e-commerce logistics firm Delhivery Bangalore-based hyperlocal delivery startup Opinio has raised $7 million in Series A funding led by e-commerce logistics firm Delhivery. Fast food rivals expand, hitting Yum sales in India India accounts for only about one percent of Yum's global sales, but Asia's third-largest economy is a key growth market for companies like Yum, which are betting on an emerging middle class and its appetite for fast food. 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