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HCL Tech to modernize, transform Tenneco's tech landscape


HCL Technologies announced an agreement with Tenneco Inc. for a multi-year, integrated application development, modernization, and operations services contract.
As part of this engagement, HCL will help Tenneco enhance their IT simplification, modernization and transformation journey while helping to reduce technical complexities and support the global IT application portfolio.
HCL Technologies application modernization approach will be part of the initial acceleration of Tenneco s application rationalization and modernization initiative. Tenneco Inc. is a leading Fortune 500 global tier-1 automotive supplier and manufacturer.
The announcement was made after market hours yesterday, 31 March 2021. Shares of HCL Technologies fell 1.29% to settle at Rs 983.45 yesterday.
HCL Technologies is a leading global technology company. HCL offers its services and products through three business units: IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Pr ....

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Sensex up 213 points intraday - The Hindu BusinessLine


Sensex up 213 points intraday
March 16, 2021
Nifty 50 rises 52 points; IT stocks steal the show
Benchmark indices were trading in the green during the afternoon trade on Tuesday amid positive global cues.
At 1pm, Sensex was at 50,607.75, up 212.67 points or 0.42 per cent. It opened at 50,608.42 as against the previous close of 50,395.08. It hit an intraday high of 50,857.98 and an intraday low of 50,448.98.
Asian Paints, HCL Tech, TCS, Dr Reddy and Bharti Airtel were the top gainers on the BSE Sensex, while IndusInd Bank, Mahindra & Mahindra, NTPC, Bajaj Finserv and Axis Bank were the top laggards.
Nifty 50 was at 14,981.40, up 51.90 or 0.35 per cent. It opened at 14,996.10 as against the previous close of 14,929.50. It hit an intraday high of 15,051.60 and an intraday low of 14,939.45. ....

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Wipro: Did Wipro overpay for Capco? Here's the answer to the USD1.5 billion question.


Wipro employees at the company headquarters in Bengaluru on July 17, 2019.
Synopsis
Wipro has spent the last few years strengthening its banking-and-financial-services business. But the performance in the BFSI space has been patchy for most IT firms. With the pandemic expediting digital transformation across sectors, Wipro wants to assume a greater role and grab a bigger share of the pie. Can Capco help it achieve that?
It’s the same story that plays out these days when it comes to digital-transformation programmes of businesses across the world. Broadly, the theme goes like this: The plot: A global company draws up its strategy road map for the adoption of digital technology to transform its business, and scouts for partners that can help it achieve the goal. The cast: The company (client) and its potential solution providers (a technology firm, an ....

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5G network deployment can start in 3 months but infra not ready in India: Experts

AI: Driving reliable, stable IT operations - The Hindu BusinessLine


Understanding the underlying datasets and adoption of appropriate AI/ML models are crucial
An article that appeared in early 2020 talked about how AI was expected to be the new catalyst for software development.
The article stated that AI-powered software development tool providers had raised more than $700 million in just 12 months. And this was before Covid-19 compelled enterprises to under-take rapid digital transformation.
Of course, this move forward has been accompanied by an accelerated growth in AI adoption as well.
According to the Digital Acceleration report, AI has catapulted to become one of the biggest drivers of technology investment for global enterprises. ....

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