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Quadrant Televentures reports standalone net loss of Rs 201.21 crore in the March 2021 quarter

Read more about Quadrant Televentures reports standalone net loss of Rs 201.21 crore in the March 2021 quarter on Business Standard. Sales rise 6.32% to Rs 114.79 crore ....

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Tata Comm records PAT of Rs 299 cr in Q4

Tata Communications reported a consolidated net profit of Rs 299.20 crore in Q4 FY21 compared with net loss of Rs 275.02 crore in Q4 FY20.
Net sales declined 7.4% year-on-year (YoY) to Rs 4,073.25 crore during the quarter, which was largely due to degrowth in voice business and data business.
Data revenue in the fourth quarter was at Rs 3,515 crore, down by 2.2% YoY. This reduction is primarily due to longer deal conversion and execution cycle due to COVID-19 and moderation of UCC (unsolicited commercial communication) traffic.
EBITDA increased by 16.8% to Rs 1,015 crore while EBITDA margin improved by 520 bps to 24.9% in Q4 FY21 over Q4 FY20. ....

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Tata Comm, BIX collaborate for OTN network for Bahrain

Read more about Tata Comm, BIX collaborate for OTN network for Bahrain on Business Standard. Tata Communications and Bahrain Internet Exchange (BIX) have extended their partnership to offer high speed internet connectivity with very low latency for customers in Bahrain. ....

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LG partners major telecom operator in home-country to develop AI services

LG Electronics said on Tuesday that it plans to develop cross-platform artificial intelligence (AI)-powered services with KT Corp, South Korea s major telecom operator, to expand use of its human-like algorithm.
A day after announcing to wind up its mobile business, LG sais it plans to commercialise services that support AI platforms from both companies after developing a joint interface.
The two companies recently verified compatibility between LG s ThinQ and KT s GiGA Genie AI platforms.
The South Korean tech giant tested its smart mirror to find out whether its smart home solutions can work with KT s AI platform that provides radio, music and other digital services, reports Yonhap news agency. ....

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Information Technology stocks edge higher

Information Technology stocks were trading in green, with the S&P BSE IT Sector index increasing 536.04 points or 2% at 27305.81 at 09:49 IST.
Among the components of the S&P BSE IT Sector index, NIIT Ltd (up 16.81%), Happiest Minds Technologies Ltd (up 8.36%),3i Infotech Ltd (up 4.99%),Brightcom Group Ltd (up 4.91%),Tanla Platforms Ltd (up 4.24%), were the top gainers. Among the other gainers were Nucleus Software Exports Ltd (up 3.95%), Newgen Software Technologies Ltd (up 3.65%), Route Mobile Ltd (up 3.64%), Firstsource Solutions Ltd (up 2.75%), and Infosys Ltd (up 2.7%).
On the other hand, Majesco Ltd (down 2.89%), Indiamart Intermesh Ltd (down 2.48%), and Cerebra Integrated Technologies Ltd (down 2.27%) turned lower. ....

Infosys Ltd , Tanla Platforms Ltd , Firstsource Solutions Ltd , Indiamart Intermesh Ltd , Majesco Ltd , Route Mobile Ltd , Happiest Minds Technologies Ltd , Infotech Ltd , Brightcom Group Ltd , Information Technology , Newgen Software Technologies Ltd , Nucleus Software Exports Ltd , Cerebra Integrated Technologies Ltd , Capital Market , Bse Sensex , Nifty 50 , Bombay Stock Exchange , Corporate Financial Services Nec , Call Center Services , Aircraft Parts Manufacturing , Integrated Telecommunications Services Nec , Computer Hardware , இண்பொசயிச் லிமிடெட் , முதல் ஆதாரம் தீர்வுகள் லிமிடெட் , பாதை கைபேசி லிமிடெட் , மகிழ்ச்சியான மனங்கள் தொழில்நுட்பங்கள் லிமிடெட் ,