Wipro bags five-year contract from Bangladesh’s Grameenphone


Latest News – Wipro, the country’s third largest information technology (IT) firm, said it has bagged a five-year IT infrastructure and applications managed services contract from Bangladesh’s telecom major Grameenphone.

Wipro would manage the complete IT landscape of Telenor Group-owned Grameenphone leveraging its artificial intelligence (AI) platform Wipro HOLMES. And, as part of the contract, the company would own end-to-end application development and management, infrastructure support and maintenance and back office processes for the telecom firm.

The company said it would be setting up a new delivery centre in Bangladesh.

“This engagement will leverage both our domain expertise and industry leading AI platform, Wipro HOLMES. Telenor is a strategic client for us and this engagement further strengthens our relationship with Telenor,” said Anil K Jain, senior (Read More)

Trai recommends changes in MNP rules to curb portability request rejection

Trai Chairman R S Sharma

Latest News – To curb rejection of mobile number portability requests, telecom regulator Trai on Wednesday proposed to enhance roll of MNP clearing house which will have all the details of subscribers required for completion of the process.

A unique porting code (UPC) is issued to mobile subscriber when he places request for MNP to transfer his connection on some other network but the recipient operator (RO), on whose network the subscriber wants to move, does not get to know bill outstanding, validity of UPC etc that are crucial for completing the process.

The regulator said as per analysis of MNP report from April, 2016 to March, 2017 indicates that average rejection of porting requests by telecom (Read More)

Infosys gains 3% as board to consider share buyback proposal on August 19


Latest News – Infosys was up 3% at Rs 1,010 on BSE in early morning trade after the company said its board will meet on Saturday, August 19, to consider share buyback proposal.

“The board of directors of the Company will consider a proposal for buyback of equity shares of the Company at its meeting to be held on August 19, 2017,” Infosys said in a regulatory filing.

Infosys added that it was closing its trading window with immediate effect and that the window would reopen on August 22.

The Securities and Exchange Board of (Read More)

New Nokia 8 phone to fulfil surging demand for video-streaming

Nokia 8

Latest News – HMD Global, the Finnish start-up looking to reinvigorate the Nokia phone brand, unveiled the Nokia 8 on Wednesday, hoping to cash in on rising consumer demand for high-quality audio and video features.

The Android device, due out in September, will potentially beat rivals on price but will still face fierce competition, with Apple’s highly anticipated 10th anniversary iPhone also expected next month and Samsung’s <005930.KS> Galaxy Note 8 set to hit the market next week.

With a suggested price tag of around 599 euros ($703), the Nokia 8 undercuts Apple, which typically offers a stripped down version of its latest phones for a similar price but charges hundreds of euros more for memory and key features.

The new top-of-the-line Nokia sports a dual-sight video feature which enables simultaneous (Read More)

Air India launches direct flight to Sweden, connecting Delhi and Stockholm

air india flight to Stockholm

Latest News – India’s national air carrier Air India launched its first non-stop flight, the Dreamliner B-787, to Stockholm, Sweden, from Delhi on Wednesday. With an all-female crew on board, the cockpit was under the control of Capt.Nivedita Bhasin.

The Dreamliner will fly thrice a week, every Wednesday, Friday and Sunday and leave Delhi at 14.50 hours and reach Stockholm at 18.40. The return flight will leave Stockholm at 20:40 hours and reach Delhi at 07:20 hours next day.

With an increase of passenger volume between India and Sweden by 50% in three years, the direct flight is likely to further bolster the growing relationship between India and Sweden. The flying time of passengers will be reduced by (Read More)