STAMFORD, Conn., January 21, 2025: Worldwide IT spending is expected to total $5.61 trillion in 2025, an increase of 9.8% from 2024, according to the latest forecast by Gartner, Inc. “While budgets for CIOs are increasing, a significant portion will merely offset price increases within their recurrent spending,” said John-David Lovelock, Distinguished VP Analyst at […] The post Gartner Forecasts Worldwide IT Spending to Grow…
Novus Hi-Tech Launches Game-Changing DGMS-Compliant Safety Solutions on Eicher’s Industry-Leading Mining Trucks at Bharat Mobility Global Expo 2025
New Delhi, India 21 January 2025: Novus Hi-Tech, a global leader in Driver Monitoring Systems (DMS), In-Cabin Sensing, and Advanced Driver Assistance Systems (ADAS), in association with Eicher Trucks and Buses- a division of VE Commercial Vehicles Limited (VECV), unveiled its latest DGMS-compliant safety solutions for mines, designed for mining trucks. These cutting-edge systems, unveiled […] The post Novus Hi-Tech Launches Game-Changing DGMS-Compliant Safety Solutions…
Venus Remedies Secures Eu Gmp Renewal From Infarmed, Strengthens European Market Presence
Mumbai, 21st January 2025: Venus Remedies Limited (NSE: VENUSREM, BSE: 526953), a premier player in the global pharmaceutical industry, has announced the successful renewal of its European Good Manufacturing Practices (EU-GMP) certification by Infarmed, the National Authority of Medicines and Health Products in Portugal. This renewal, applicable to the company’s state-of-the-art manufacturing facility for Cephalosporin, […] The post Venus Remedies Secures Eu Gmp Renewal From…
Seagate Introduces Hard Drive Capacities of Up to 36TB, Extending Its HAMR-Based Mozaic 3+ Technology Platform
New Delhi, India, January 21, 2025: Seagate Technology Holdings plc (NASDAQ: STX), an innovator of mass capacity data storage, today announced shipments of Exos M hard drive samples to select customers in industry-leading capacities up to 36 terabytes (TB). Based on Mozaic 3+, the company’s breakthrough heat-assisted magnetic recording (HAMR) technology platform, Exos M delivers […] The post Seagate Introduces Hard Drive Capacities of Up…
FM Logistic Teams Up with Adrenalin Max to Transform Workforce Management
21th January, 2025, New Delhi: FM Logistic, a global leader in the logistics sector, has embarked on a HR digital transformation journey by adopting Adrenalin Max HRMS platform. The Human Resource Management System is strengthening the logistic leader’s HR operations and elevating workforce management. This strategic shift aligns with the company’s people-first philosophy, addressing critical challenges in managing its vast, dispersed, and predominantly blue-collar workforce.…
Hexaware Joins AWS for Cloud Solutions
Mumbai, January 21st, 2025 – Hexaware Technologies, an IT solutions and services provider, announced today that it has entered into a collaboration with Amazon Web Services (AWS), with plans to strengthen its offerings in migration and modernization, data and AI, and generative artificial intelligence (AI)-powered customer experience solutions. Through this collaboration, Hexaware will help empower its customers to innovate and capitalize on real-time insights from…
Param Renewable Energy Receives Prestigious Great Place to Work Certification and International Safety Award
New Delhi/Ahmedabad, 21 January 2025: Param Renewable Energy, one of India’s largest third-party Operations and Maintenance (O&M) service providers in the renewable energy sector, backed by Gensol Group founders Anmol and Puneet Singh Jaggi, has achieved dual global recognition for its outstanding work culture and commitment to safety. The company has received the prestigious Great Place to Work® (GPTW) certification for the second year in…
IOB Registers ₹874 Crore Net Profit, a 20.89% Increase, with Strong Q3FY25 Performance
Profitability (Year-on-Year) (Comparison: Q3FY25 vs. Q3FY24) Net Profit: Increased by 20.89%, rising to ₹874 crore from ₹723 crore. Operating Profit: Grew by 27.30%, reaching ₹2,266 crore compared to ₹1,780 crore. Total Income: Improved by 13.07% to ₹8,409 crore from ₹7,437 crore. Interest Income: Increased by 15.16% to ₹7,112 crore from ₹6,176 crore. Net-Interest Income: Grew by 16.30% to ₹2,789 crore from ₹2,398 crore. Return on Assets (ROA): Improved to 0.93% from 0.86%. Return on Equity (ROE): Increased to 17.86% from 17.70%. Asset Quality (Comparison: 31.12.2024 vs. 30.09.2024 and 31.12.2023) Gross NPA Ratio:…
IDBI Bank Reports Financial Results for Q3 and Nine Months Ended December 31, 2024
Mumbai, January 21, 2025: The Board of Directors of IDBI Bank Ltd. met in Mumbai today and approved the financial results for the Quarter and Nine month Ended December 31, 2024. Operating Performance for Q3 of FY 2025 Net Profit improved by 31% in Q3 of FY 2025 to ₹1,908 crore as against net profit of ₹1,458 crore in Q3 of FY 2024. Operating profit improved…
SastaSundar onboards Kapture CX to redefine its customer support processes
India, 21 January 2025: SastaSundar, a listed healthtech entity in India, owned by SastaSundar HealthBuddy Limited acts as a bridge between users and independent Licensed Chemists to enable users to place their enquiry/indent. Recognised as a one-stop destination for all healthcare and wellness needs, the platform has onboarded Kapture CX to adopt a more integrated […] The post SastaSundar onboards Kapture CX to redefine its…