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SC Soft partners with Mastercard for automatic fare collection & payment solutions

Aurionpro Solutions announced that its subsidiary, SC Soft has entered into a strategic alliance with Mastercard to provide services in the areas of contactless ticketing for transit operators and system integrators, enabling digital fare media adaptation and implementation globally. The alliance will provide improved cashless and non-contact payment options to passengers for buying tickets for their travel, easing operations for service providers. Powered by Capital Market - Live News (This ...
Aurionpro Solutions Capital Market Credit Cards Cashless Society Iso Standards Ubiquitous Computing

Google Lens can now translate text from screenshots on Android 11 devices

Google Lens can now automatically translate texts in screenshots for devices running Android 11 or above. According to 9To5Google, users can now take a screenshot of a foreign language and let Google Lens do the translation without any intermediate step. The exciting new feature is available on the Google Lens Screenshot UI for devices running Android 11+. The translate button will become visible on the screenshot and a click on it will detect and translate the required text quickly. Google...
Google Lens Google Lens Screenshot Google Translate Google Assistant Google Photos Play Store

Microsoft Teams now has 145 mn daily active users globally: Satya Nadella

Driven by online work and learning amid the ongoing pandemic, Microsoft Teams now have 145 million daily active users globally, almost double the number a year ago, CEO Satya Nadella informed. The number of organisations with more than 1,000 users integrating their third party and line of business applications with Teams has increased nearly three times year-over-year. "In markets where employees have returned to the workplace including Australia, China, New Zealand, South Korea and Taiwan, ...
New Zealand South Korea Satya Nadella Microsoft Teams Power Platform Satya Nadella

Russia fines Apple $12 million for alleged abuse of dominance in app market

By Alexander Marrow MOSCOW (Reuters) - Russia said it had fined Apple $12 million for alleged abuse of its dominance in the mobile applications market, in the latest dispute between Moscow and a Western technology firm. The Federal Antimonopoly Service (FAS) said on Tuesday that U.S. tech giant Apples distribution of apps through its iOS operating system gave its own products a competitive advantage. Apple said it "respectfully disagreed" with the FAS ruling and that it would appeal it. Wes...
David Clarke Anton Gorelkin Alexander Smith Anton Kolodyazhnyy Kaspersky Lab Alexander Marrow

Britannia Ind skids after Q4 PAT slips 3% YoY to Rs 360 cr

Britannia Industries fell 1.17% to Rs 3,498.45 after the companys net profit fell 3.3% to Rs 360.07 crore on 8.2% rise in net sales to Rs 3,038.13 crore in Q4 FY21 over Q4 FY20. The FMCG company reported a consolidated revenue growth of 13% Y-o-Y (year-on-year) for the year to Rs 12,883 crore. Consolidated operating profit jumped 39% to Rs 2,311 crore in FY21 over FY20. Consolidated operating profit margin recorded an increase of 340 bps in FY21 from FY20. The return on capital employed stood a...
Varun Berry Britannia Industries Online Dealer Management System Integrated Vendor Management Capital Market Essar Group

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Hope Biden asks Pfizer to allow India develop its vaccines: US Congressman

With millions of lives at stake amid a rapid spread of COVID-19, Indian-American Congressman Ro Khanna said he hoped President Joe Biden would call the Pfizer CEO to let India produce its vaccine at least for six months or a year. Khanna, who represents Silicon Valley in the US House of Representatives, has been an ardent supporter of the move by India and South Africa at the World Trade Organization (WTO) for Trade-Related Aspects of Intellectual Property Rights (TRIPS) waiver of COVID-19 va...
South Africa United States White House District Of Columbia Katherine Tai Bill Gates

Blackstone chief Schwarzman commits $5 mn to India in pandemic aid

The Wall Street-headquartered alternative investment management giant Blackstone, which has over USD 20 billion in live-investments in the country, on Wednesday announced a USD 5-million (close to Rs 40 crore) aid to help India to fight the raging coronavirus pandemic. The announcement by Stephen A Schwarzman, the founder and chairman of the fund, comes on the heels of close to 40 major American companies committing millions of dollars to help the country fight the pandemic which has been top...
New York United States Satya Nadella Sundar Pichai Stephena Schwarzman Sun Microsystem

Mindtree partners with Duck Creek

To improve customer experience for UPC Insurance customersMindtree has partnered with Duck Creek to improve customer experience for UPC Insurance customers through the implementation of SaaS-based core systems. This includes policy, billing, claims, data insights, and insurance technology solutions as well as the consolidation of multiple applications on a single integrated platform, made possible with Duck Creek OnDemand, the providers SaaS solution for the property and casualty (P&C) insura...
Duck Creek Duck Creek Ondemand Capital Market Upc Insurance Service Companies Financial Services

Google, Microsoft's CEOs pledge support in India's fight against Covid-19

Google CEO Sundar Pichai and his Microsoft counterpart Satya Nadella have assured help to India as the country grapples with a ravaging coronavirus crisis that has put enormous pressure on its hospitals due to a shortage of beds, oxygen and medical supplies. India logged a record of 3,52,991 new coronavirus infections in a day on Monday, taking its total tally of COVID-19 cases to 1,73,13,163. The death toll increased to 1,95,123 with a record 2,812 daily new fatalities, according to the Union...
West Bengal Saudi Arabia United States Ar Riya Kingdom Of Saudi Arabia Satya Nadella

Mindtree gains on partnering Duck Creek to improve customer experience for UPC Insurance

Mindtree rose 1.86% to Rs 2056.20 after the company said that it has partnered with Duck Creek to improve customer experience for UPC Insurance customers through the implementation of SaaS-based core systems. This includes policy, billing, claims, data insights, and insurance technology solutions as well as the consolidation of multiple applications on a single integrated platform, made possible with Duck Creek OnDemand, the providers SaaS solution for the property and casualty (P&C) insurance ...
Venu Lambu Duck Creek Duck Creek Ondemand Global Markets Capital Market Service Companies

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