IT | Business Upturn

Is ‘It: Welcome to Derry’ returning for season 2? Everything we know so far

Aman Shukla — Mon, 27 Oct 2025 11:30:19 +0000

The creepy fog rolling through Derry, Maine, just thickened. It: Welcome to Derry dropped its first episode on HBO and Max on October 26, 2025, and folks can’t stop talking. This Stephen King prequel digs into the town’s bloody past, set 27 years before the 2017 It movie. Pennywise is back, kids are screaming, and everyone’s asking the same thing: does Season 2 stand a chance? Here’s everythnig we know so far.

Is ‘It: Welcome to Derry’ Season 2 Happening?

Word on the street says HBO already said yes to Season 2. Insider Daniel Richtman leaked in August 2025 that cameras could roll by March 2026. No official press release yet, but the plan’s been floating around longer than Pennywise in the sewers.

Andy and Barbara pitched a three-season saga from day one. Season 1 teases the surface; the finale supposedly cracks open a door to the past. If ratings stay solid—and early buzz says they will—expect the announcement right after the December 14 closer. Derry’s curse runs deep, and HBO knows a cash cow when it smells blood.

‘It: Welcome to Derry’ Season 2 Potential Plot

Buckle up—the timeline’s going backward. Season 2 lands in 1935, smack in the Great Depression. Bank robbers from the Bradley gang stumble into town, broke and cornered. Guess who’s waiting? That’s right: the entity wearing Pennywise’s face.

Andy Muschietti told TV Insider the focus shifts to Neibolt Street’s creepy old house. Who built it? Why’s it rotting from the inside out? Think gritty gangster vibes mixed with cosmic horror. These outlaws aren’t just dodging cops—they’re dodging something that eats fear for breakfast.

Barbara calls the whole show an “iceberg.” Season 1’s the tip; 2 and 3 drag viewers underwater. A potential Season 3 would hit 1908, covering the Kitchener Ironworks explosion and a deadly Easter egg hunt straight from the novel. Every 27 years, the cycle spins. Movie fans get new chills; book nerds get Easter eggs galore.

Cybersecurity budgets increase in 2024

Eesha Chakraborty — Wed, 21 Feb 2024 17:21:03 +0000

The year 2024 is shaping up to be a pivotal one for cybersecurity spending, with a significant portion of organizations allocating more resources to bolster their defenses against an ever-evolving threat landscape. A recent survey conducted by Infosecurity Europe revealed that a staggering 69% of IT decision-makers anticipate an increase in their cybersecurity budgets, highlighting the growing awareness of online vulnerabilities and the need for proactive measures.

This surge in investment is driven by a confluence of factors. The escalating frequency and sophistication of cyberattacks, coupled with the increasing reliance on cloud-based infrastructure and the ever-growing volume of sensitive data, necessitate a robust security posture. Organizations are acutely aware of the potential financial and reputational damage that data breaches can inflict, prompting them to prioritize cybersecurity as a critical business imperative.

The survey delves deeper into specific areas of investment, revealing that cloud security and incident response are at the forefront of priorities. Nearly half (47%) of respondents plan to allocate between 1-20% of their additional budget to these crucial domains. Cloud environments present unique security challenges, requiring specialized tools and expertise to safeguard sensitive information. Similarly, incident response capabilities are essential for minimizing the impact of breaches and ensuring a swift recovery.

Beyond cloud and incident response, the survey identifies several other areas attracting significant investment. Managed Security Service Providers (MSSPs) and antivirus solutions remain popular choices, with 46% of respondents considering allocating 1-20% of their additional budget to them. These solutions offer a cost-effective way to access specialized security expertise and tools, particularly for resource-constrained organizations.

Investing in human capital is equally important. The survey highlights that 45% of respondents plan to dedicate 1-20% of their increased budget to identity security management, while 44% prioritize education and training. Empowering employees with the knowledge and skills to recognize and combat cyber threats is a critical line of defense. Additionally, 43% of respondents value managed detection and patching, underscoring the importance of proactive threat identification and vulnerability remediation.

Interestingly, the survey also identifies areas where investment is less prevalent. Email security and threat exposure management, while important, seem to be lower on the priority list, with only 40% of respondents intending to allocate 1-20% of their additional budget to them. This could be attributed to the increasing adoption of MSSPs, which often handle these areas as part of their service offerings.

However, the report cautions against complacency. While the overall trend points towards increased cybersecurity spending, it’s not universal. A concerning 15% of respondents reported a decrease in their budgets, highlighting the diverse economic realities faced by organizations. Additionally, the research warns of potential cost increases in areas like licensing and professional services, which could put pressure on budgets.

To navigate these challenges, Infosecurity Europe 2024 offers a valuable platform for knowledge sharing and collaboration. The event will feature a panel discussion focused on maximizing cybersecurity budgets during turbulent times, providing CISOs and cybersecurity professionals with insights on articulating the value of security investments and securing budget allocations. Attendees can also explore strategies for optimizing spending, such as conducting system audits, maximizing existing resources, and investing in personnel development.

In conclusion, the Infosecurity Europe survey paints a picture of an evolving cybersecurity landscape where organizations are increasingly recognizing the importance of robust defenses. While cloud security, incident response, and managed services are attracting significant investment, other crucial areas like education and training merit continued attention. As the threat landscape continues to evolve, effective communication, budget justification, and a focus on both technology and human capital will be key to building resilient cybersecurity postures.

“There will be a transition period for new norms relating to the import of tablets and laptops, which will be notified soon” : said the deputy IT minister

Dixita Hazarika — Fri, 04 Aug 2023 15:24:38 +0000

On Friday, the deputy IT minister made an announcement about there being a transition period for new norms relating to the import of tablets and laptops, which will be notified soon. It is also expected that the government is likely to give more time to companies to apply for licences to import laptops and other devices, extending stipulated timelines of import restrictions.

According to sources, one of the reasons behind the decision to restrict import of laptops was security concerns.

RajeevChandrasekhar, the Minister of State for Electronics and Information Technology tweeted and said that the obiective behind the move was to “ensure trusted hardware and systems, reduce import dependence and increase domestic mfg of this category of products”.

A portal has been prepared by DGFT, and companies/ traders can apply online for getting a license. It is expected that DGFT will issue a license within 3/4 days if details are filled in properly. Goods/consignments in transit will be allowed without an import license.

On Friday, a senior government official said that the import curbs imposed on laptops and computers would help bridge India’s trade deficit with China and promote domestic manufacturing.

The official also added that the move would also help electronic companies to start manufacturing these devices in India rather than only assembling them.

The Commerce and Industry Ministry official said,”The intent behind this is to promote

Make in India and to attract investments

within the country so that more and more companies can come to India and produce here. We want the iPhone model to be replicated in the laptop and PC (personal computer) segment.”

When asked if the decision would increase prices in the local markets, the official said that there is an access capacity in India because of the imports, particularly from China, so there would not be any price rise.

Prior to the 3rd August’s notification of Directorate General of Foreign Trade regulations allowed companies to import laptops freely.

Drillmec to set up Global manufacturing hub

United News of India (UNI) — Mon, 31 Jan 2022 10:02:41 +0000

Hyderabad, Jan 31 (UNI) Global leader in Oil-drilling rigs manufacturing, Drillmec SpA, a subsidiary company of Megha Engineering & Infrastructures Limited (MEIL) group, has entered into a Memorandum of Understanding (MoU) with the Department of Industries & Commerce, Government of Telangana, here on Monday for establishing of its Global Manufacturing hub here with an investment of USD 200 million. The MoU was signed by Telangana Principal Secretary of Industries & Commerce and Information Technology Jayesh Ranjan and Drillec SpA CEO Simone Trevisani in the presence of State Industries Minister K T Rama Rao and Drillmec International CEO Uma Maheshwar Reddy at a function held here. Italy-based Drillmec SpA, a global multisector conglomerate based in Hyderabad, which is proposing to invest for the global hub to come up in 150 acres, include Manufacturing, Research and Development, and a Centre of Excellence to impart cutting-edge training to people. The facility will generate employment to 2,500 people. Speaking on the occasion, Mr Trevisani, said, “We are interested in future investment in the Hydrogen fuel project in India. The Hyderabad manufacturing hub will focus on rig manufacturing and ancillaries. This facility also sets up the R&D and training centre of excellence. We have already three manufacturing facilities in Italy, USA (Houston), and Belarus. After considering many offers from various countries, we choose Telangana, India, as it has a progressive industrial policy and investor-friendly, he added. Delivering close to 600 drilling rigs and it has developed many innovative designs and acquired patents globally, Drillmec, the company, which was incorporated under the laws of Italy having its registered office at Podenzano PC in Italy, was acquired by MEIL group in 2020. Drillmec SpA and Department of Industries & Commerce, Government of Telangana, will float a Special Purpose Vehicle (SPV) for the setting up of an equipment manufacturing unit. Mr Rama Rao said, ” We feel proud and welcome Drillmec establishes its manufacturing unit in Hyderabad. He said the State government is committed to making the most industrial progressive state in India and added that we will hand over the land and fiscal incentives as soon as possible. We are happy to get employment opportunities for the younger generation to in the state. We requested Drillmec to bring entire drilling rig ecosystems to Telangana, the Minister added. Mr Maheshwar Reddy said, “This MoU is the first step towards creating a global manufacturing hub in Hyderabad. It will definitely meet the demands of the worldwide market. We have already had an order book $1bn,” he added. UNI KNR CS1327

(This story and headline has not been edited by Business Upturn staff and is published from a syndicated feed.)

Wipro reports a standalone net profit of ₹2,969 crore in Q3

Keertiman Upadhyay — Wed, 12 Jan 2022 10:47:00 +0000

On Wednesday, January 12, IT giant Wipro reported its financial results for Q3FY22 i.e. December quarter. The net profit for the quarter was Rs 2,969 crore.

The standalone net profit for Q3 has a fall of 8.67% as compared to the net profit of the September quarter. The companies revenue from operations rose to Rs 20,313 crore compared to the revenue of Rs 15,670 crore last period. The board has declared an interim dividend of Rs 1/share.

“Wipro has delivered a fifth consecutive quarter of strong performance, both on revenues, and margins. Order bookings have been strong too, and we have added seven new customers in the more than $100 mn revenue league, in the last 12 months,” said MD, Thierry Delaporte. Regarding the outlook for Q4, the company stated that it is expecting revenue to be in the range of $2,692 million to $2,745 million.

“Our strategy and improved execution continue to serve us well, and we are confident of building on this momentum. We are also excited to have completed the acquisitions of Edgile and LeanSwift Solutions in the quarter, both of which will add to our capabilities significantly,” MD further added. On the NSE, Wipro shares were trading in red. The scrip closed at Rs 691/share with a fall of 0.45%.

Sensex jump by 210 points, IT and FMCG stocks ahead in race

Sneha Sengupta — Tue, 17 Aug 2021 12:28:23 +0000

The Indian equity bench indices highly vacillated between gains and losses but ended in green despite losses in the Asian market, on Tuesday.

Nevertheless, of the sudden COVID situation, the investors are still bewildered regarding the lookout of how the domestic and global macroeconomic data will turn out to be.

At the last bell, the BSE S&P Sensex was at a peak by 210 points or 0.38 per cent at 55,792 whereas the Nifty pitched a little higher tone by 52 points or 0.31 per cent to 16,615.

The sectoral indices were combined with Nifty IT increasing by around 2.3 per cent, FMCG by 1.4 per cent and pharma by about 0.5 per cent. However, the Nifty of PSU bank was at a decreasing pace by 1.8 per cent, realty by 0.7 per cent and finance service by 0.3 per cent.

Amongst the stocks, Wipro raced ahead by 3.3 per cent to Rs 634.25 per share whereas Tech Mahindra was the top gainer by 3.5 per cent and Tata Consultancy services had 2.1 per cent and Infosys maintained its stance by 1.9 per cent.

Tata Consultancy products rose by 3.8 per cent, Hindustan Unilever Limited jumped by 2.4 per cent, Bajaj Auto by 1.5 per cent and Hero Motocorp by 1.2 per cent. The top gainers were JSW Steel, Adani Ports, Tata Motors, Coal India, IndusInd Bank and Bharti Airtel.

What are the new IT rules of India? How does it impacts Twitter and other networks?

Adarsh Chaturvedi — Mon, 21 Jun 2021 17:43:31 +0000

The information technology (IT) rules 2021 were released by the Ministry of Electronics in February. The government on 26 May issued a fresh notice to all social media intermediaries seeking details on the status of compliance with the new rules that came into effect on that day. Now we will let you know the new IT rules 2021.

1. The False-use of Social Media

The rule came out to ensure the safety and sovereignty of cyberspace and personal data. Social media is rapidly becoming a crucial part of an individual’s life. Whereas Whatsapp has a 340 million user base, Facebook has 290 million, Twitter has 17 million, Youtube has 265 million and Instagram has a 120 million user base. The teach-giants has no other options to ignore the spread of fake news, rampant abuse of the platforms to share morphed images of women, deep fakes and other contents that threaten the dignity of women and pose a threat to security. However, the Supreme Court in 2018, in the Tehseen Poonawalla v/s Union of India case, directed the government to curb and stop the dissemination of explosive messages and videos on various social media platforms which tend to incite mob violence and lynching of any kind. The new rules are thus following the previous Supreme Court observations. According to the rule, intermediaries are mandated to remove or disable contents that are against the safety and dignity of individuals within 24 hours of receiving complaints. As per the government, knowing the “first originator of information” of messages that cause violence, riots, terrorism, rape or threat to national security fall under reasonable exceptions to the Right to Privacy – which is not absolute as per the Constitution.

2. Technological obstruction concerning traceability

Social media like Whatsapp have expressed apprehension about the provisions in the new rules which require them to identify traceability when required to do so by authorities. On the other side, the government has stated that traceability would only be required in matters of very serious offences that threaten the sovereignty and integrity of India. Ahead in the future, it could also be implemented without breaking the end-to-end encryption. The ways to trace the origin of a message can be supplying metadata like the phone number of the sender, the time of sending a message, the device it was sent from and its location. WhatsApp’s new privacy policy has a provision of sharing metadata of its users with its parent company, Facebook, for personalised ads. Recently, the union government has sent a notice to WhatsApp for the withdrawal of its new privacy policy which caused a lot of controversies since the new policy came.

3. The free speech debate

Twitter had concerns about free speech over the new IT guidelines and stated that it would strive to comply with the law but if guided by principles of transparency and freedom of expression under the rule of law. If the new rules aren’t complied with, the intermediary status of the companies will be removed to avoid liability for the content that their users publish and could invite sanction or even punishment under the law. The government insists that the rules are neither arbitrary nor sudden since the draft rules were put up for public comments and several individuals, industrial associations and organizations had responded.

4. The Way Forward

As the basic tenet of democracy is Freedom of Speech and Expression, no freedom is absolute or completely unrestricted. The imperative of striking the right balance between fundamental rights and ascertaining the reasonableness of a restriction has been a constant effort since the adoption of the Constitution. The present debate between private, tech giants who own a substantial amount of Big Data, governments desirous of imposing reasonable restrictions and users worried about issues relating to data privacy and constraints on freedom of speech and expression that is likely to get more difficult before optimum solutions can be arrived at. The new rule seeks to address the concerns of the citizens without infringing on their privacy and personal liberties while maintaining digital sovereignty at the same time.

Follow these steps to file online ITR complaint in just few minutes!

Nitin Anand — Thu, 01 Apr 2021 11:10:24 +0000

The Income Tax Department released circular stating that it has issued Income Tax Return (ITR) for all the taxpayers. The refunds totaling over Rs 2,13,823 crore to over 2.24 crore taxpayers between April 1st, 2020 and March 22nd, 2021.

In a tweet on March 24, Income Tax Department said, “CBDT issues refunds of over Rs. 2,13,823 crore to more than 2.24 crore taxpayers between 1st April,2020 to 22nd March,2021. Income tax refunds of Rs. 79,483 crore have been issued in 2,21,92,812 cases & corporate tax refunds of Rs. 1,34,340crore have been issued in 2,22,188 cases”.

CBDT issues refunds of over Rs. 2,13,823 crore to more than 2.24 crore taxpayers between 1st April,2020 to 22nd March,2021. Income tax refunds of Rs. 79,483 crore have been issued in 2,21,92,812 cases & corporate tax refunds of Rs. 1,34,340crore have been issued in 2,22,188 cases

— Income Tax India (@IncomeTaxIndia) March 24, 2021

Some taxpayers are still waiting for IT refunds. If you haven’t received your refund because of a discrepancy in your ITR, the first thing you should do is check your e-mail for any notification from the IT department regarding the refund.

You can also check this by logging into your account on the income tax department’s e-filing portal. The income tax refund, if eligible, is one of the things that every taxpayer who files income tax returns on a regular basis looks forward to.

However, tax refunds are not always received on time and maybe delayed for a variety of reasons. You should probably check the status of your refund online and figure out why it took so long.

How to Check the Status of Income Tax Refund?

Step 1: Visit the income tax e-filing portal Step

2: Log in with user ID, password, and date of birth/date of incorporation

Step 3: Click on the ‘My Account’ tab

Step 4: Select the ‘Refund/Demand Status’ option.

The status of your returns will be displayed, along with details such as the assessment year, payment method, and, if applicable, the reason for refund failure.

How to file a complaint on Income Tax Refund online directly?

Step 1: Log in at direct link – https://www1.incometaxindiaefiling.gov.in/e-FilingGS/Services/ORM.html

Step 2: Enter your name, PAN details, Assessment Year, etc.

Step 3: Write your query in the description box

Step 4: You can select the social media type and enter the ID

Step 5: Enter CAPTCHA

Step 6: Click on the ‘Submit’ button Your ITR refund grievance will get registered online.

Tech Mahindra reports 14.3% surge in Q3 net profit

Sarthak Yadav — Fri, 29 Jan 2021 19:28:12 +0000

Tech Mahindra on Friday, reported a14.3% jump in its December quarter, net profit stands at Rs 1,309.8 crore driven largely by improving profit margins while the revenues remained stable.

The IT service exporter had registered the net profit at Rs 1,145.9 crore in the year ago period and Rs 1,064 crore in the preceding September quarter.

Its overall revenues came at Rs 9,647 crore as against Rs 9,654 crore in the year ago period and Rs 9,371 crore in the September quarter.

Tech Mahindra’s profit margins expanded by 1.70% to at the operating level to 15.9%, which helped the bottomline.

Manoj Bhat Chief financial officer said, that a bulk of the expansion on the margins front is attributable to higher offshoring and also to higher utilisation, which touched an all time high of 87%, as reported by PTI.

It also witnessed a massive reduction in its overall headcount at 1.21 lakh, down by over 9,000 people when compared with the year ago period and over 2,500 in comparison to period three months ago.

C P Gurnani chief executive and managing director said, a bulk of the impact came in the business process outsourcing segment, where automation has resulted in lower requirements for talent even as revenues grow.

The company will be giving out salary hikes for the fiscal in a staggered way and the lowest rung of the employees eligible for the increment will start receiving their offers by end of March, Gurnani further added.

Gurnani said the company has set up four different task forces within to take care of the future requirements, which include one for the workforce, a grouping for transformation and one for engaging with customers in the absence of physical meetings, Gurnani said.

He said the company will be hiring engineering graduates and also hundreds of business administration post-graduates in the near term.

Tech Mahindra closed the quarter with a net total contract value of USD 455 million on new deals, and sees the 5G telecom networks rollout as a big opportunity.

The future quarters of the company will be more robust, Bhat said the company will be able to keep the margins in the targeted level of over 15% in FY22.

The company scrip closed 2.13% down at Rs 961.65 a piece on the BSE on Friday, as against 1.26% correction on the benchmark.

Wipro completes its Rs 9,500 crore share buyback programme

Sarthak Yadav — Sun, 17 Jan 2021 09:59:07 +0000

Wipro, the IT giant, announced on Saturday that it has completed the ₹9,500-crore share buyback programme. The programme was initiated on December 29, 2020 and closed on January 11, 2021.

The buyback resulted in Wipro founder chairman and the Czar of Indian IT industry Azim Premji Entities tendering 22.89 crore shares worth about Rs 9,156 crore during the process, a regulatory filing reported.

The report further declared, “(A total of) 23.75 crore equity shares were bought back under the buyback at a price of Rs 400 per equity share…The total amount utilized in the buyback is Rs 9,500 crore.”

As reported by Moneycontrol, Azim Premji Trust tendered 19.87 crore shares, Mr Azim Hasham Premji Partner Representing Hasham Traders tendered 1 crore shares and Azim Premji Philanthropic Initiatives tendered 51.82 lakh shares, the filing said. Mr Azim Hasham Premji Partner Representing Zash Traders and Mr Azim Hasham Premji Partner Representing Prazim Traders tendered 75 lakh shares each, it added.

The current status of the enterprise post buyback is that the promoters hold 73.04% stake in the company, while the remaining 26.96 percent stake is held by foreign investors, financial institutions and others.

Wipro reported 21% rise in consolidated net profit at ₹2,968 crore for the quarter ending 31 December, 2020, It was ₹2,456 crore in the year-ago period. Total revenue rose marginally to ₹15,670 crore in Q3FY21. Wipro expects a sequential growth of 1.5% to 3.5%. The interim dividend declared by Wipro was Rs.1 per share.

Earlier in January, Tata Consultancy Services (TCS), Wipro’s biggest competitor also completed ₹16,000-crore buyback offer, under which over 5.33 crore equity shares were bought back at a price of ₹3,000 apiece.

Special Unit created in IT department to probe undisclosed foreign assets

Devanshu Singla — Mon, 11 Jan 2021 06:52:07 +0000

The Government has set up a special unit in the countrywide investigation wings of the Income Tax department for probing cases of undisclosed assets held by Indians abroad and possession of black money in foreign shores.

The Foreign Asset Investigation Units (FAIUs) have been created in all the 14 investigation directorates of the tax department located in various cities of the country, whose primary function is to undertake raids and seizures, and develop intelligence to check tax evasion done by various methods.

A total of 69 existing posts in the tax department were diverted by the Central Board of Direct Taxes (CBDT) in November last for the creation of this unit after approval from Union Finance Minister Nirmala Sitharaman, a senior officer told PTI. The CBDT frames policy for the Income Tax department.

The FAIUs have been created to bring focus on cases of undisclosed assets held abroad by Indians and black money stashed abroad.

The taxman now has huge data coming in from various international and domestic sources to check possible illegal foreign assets holding of an individual and hence, a dedicated wing was required to analyse this information and sift through this mountain of data, the official told PTI.

Cases of Indian entities named in global tax document leaks like the Panama Papers will also be probed by FAIUs.

The FAIUs will be under the authority of the jurisdictional director general of income tax (investigation) rank officer and its work will be directly monitored by the CBDT.

Confident of getting back to double digit growth, says TCS Chief

Devanshu Singla — Mon, 11 Jan 2021 05:53:29 +0000

Largest Indian software exporter Tata Consultancy Services (TCS) reported a strong set of numbers in a seasonally weak quarter for the industry. TCS posted a 5.4 per cent growth in revenue at Rs 42,015 crore year-on-year (YoY) in the third quarter of FY21. The YoY growth in the constant currency terms, which was in the negative territory over the past two quarters, also recovered standing at 0.4 per cent in the third quarter of FY21.

The company’s operating margin expanded by 40 basis points standing at 26.6 per cent, compared to 26.2 per cent in the previous quarter, despite implementing wage hikes and after consistently missing the 26-28 per cent aspirational band for many quarters.

Rajesh Gopinathan, CEO and MD, TCS told reporters that the company has grown with higher profitability in a quarter where it had also rolled out increments, Times Now reported. The cash conversion also stood at an all-time high at 137.4 per cent with cash from operations coming at $1.62 billion.

“The highlight of the quarter has been a broad-based growth across the segments and from customer acquisition and deal flow,” said Gopinathan. On a YoY basis banking and financial services, technology services verticals turned positive in constant currency growth at 2.4 per cent each, while life sciences further grew by 100 bps, at 18.2 per cent in the quarter.

“With the performance of this quarter on constant currency revenue terms growth, we have achieved the year-on-year parity that we spoke of and we have done that in Q3 on target,” added Gopinathan.

Gopinathan said, “We are now confident about the year ahead, we are very confident we should be able to get back to our aspirational double-digit growth.” in the FY21 & FY22 as well.

The company announced an interim dividend of Rs 6 per share for which the record date is 16th January and the payment date is 3rd February.

Infosys leads the race to bag a multi year $1.3 bn Daimler deal

Shalmali Bhagwat — Mon, 23 Nov 2020 12:29:55 +0000

Infosys’ shares jumped up by 4 per cent to Rs 1,144 on the BSE in intra-day trade on Monday. The latest boost is in lieu with a report that the company has gained speed and emerged as a front runner in a multi-year, $1.3 billion deal from Daimler. The deal involves shifting 500-600 Daimler employees to the information technology (IT) firm and revolves around infrastructure management services, networks, and data centres, The Times of India reported.

Daimler AG, more popularly known as Mercedes-Benz, or simply as Daimler, is a German multinational automotive corporation, headquartered in Stuttgart, Baden-Württemberg. It is one of the world’s leading car and truck manufacturers.

Times of India was successful in contacting Daimler’s spokesperson for Digitalisation and IT for Mercedes-Benz Cars & Vans, Dora Constantinita, said, “In the area of IT, we will continue to focus our internal IT competencies on software development, thereby strengthening Daimler in the digital competition. At the same time we will be able to benefit from the scaling effects and innovative performance of global IT companies in the areas of data centres, networks and workplace IT.”

Constantina further added,” For these reasons we are currently investigating whether we can partially transfer these areas to an external partner. After evaluating different offers of potential candidates, we now down-selected these possible partners and proceed for negotiations with an exclusive partner for the areas, data centres, networks and workplace IT. A deal has not been made yet.”

At the same time, Infosys and ATP on Friday declared the renewal of their partnership for a further three years. The agreement will maintain Infosys continuance as Global Technology Services Partner and Digital Innovation Partner of ATP, through 2023.

Last quarter witnessed the largest deal value of over $3 bn for Infosys and the management have stated that the deal pipeline is further strengthened now. In the recent analyst con call, management reported on the same, elaborating that the IT major has four clear growth drivers in place Digital, large deals, focus on account expansion and new accounts. There is a focused and detailed plan to work with existing clients and forging deeper bonds along with attention to undertake new operations with new clients that is being tracked internally.

Top 10 best ranking IT universities in the world

News Desk — Wed, 12 Aug 2020 10:50:56 +0000

People say dream big as the sky is the limit. Well, in terms of pursuing good quality education, the world is the limit. Gaining knowledge while pursuing courses a key to a successful career. So, here is a list of best IT universities in the world for the IT geeks.

Massachusetts Institute of Technology (MIT), US

The university is regarded for its academic reputation, employer reputation, and research impact. The institution’s mission is to advance knowledge in science, technology, and areas of scholarship.

Stanford University, US

The college is home to Yahoo, Google, Hewlett- Packard, and many more cutting- edge tech companies. It is one of the largest university campuses in the United States.

Harvard University, US

It is the oldest higher education institution in the United States. It is widely regarded in terms of its influence, reputation, and academics.

University of Oxford, UK

It is the highest-ranked university in the UK. It is the best in terms of reputations among academics and graduate employers.

California Institute of Technology (Caltech), US

It is one of the best universities in the world that holds good faculty and student ratio.

ETH Zurich (Swiss Federal Institute of Technology), Switzerland

It is the highest-ranked institution in Europe. Its best in the research impact study field.

University of Cambridge, UK

It is one of the best universities in the world, well known for its academic and employer reputations.

University College London (UCL), UK

It has a highly impressive record for London University and a highly ranked institution in UK capital, London.

Imperial College London, UK

It has a good academic reputation and also holds an extremely healthy ration of students to faculty.

University of Chicago, US

It has a high reputation with academics and extremely strong performance in Chicago.