digital transformation News

BSNL and NRL Forge Historic Alliance to Pioneer India's First 5G CNPN in Refineries

BSNL and NRL have signed an MoU to launch India's first 5G CNPN in the refinery sector, aiming to revolutionize industrial operations with cutting-edge technology and indigenous in...

McDonald's Announces $100 Million Investment for Cutting-Edge Tech Hub in Hyderabad

McDonald's plans a $100 million investment in a new global tech centre in Hyderabad, aiming to hire 2,000 tech professionals by 2027, as part of its strategy to enhance global busi...

Empowering Tamil Nadu's MSMEs: A Blueprint for Inclusive Growth and Global Dominance

Tamil Nadu's MSME sector is a cornerstone of India's economy, contributing significantly to GDP and employment. With innovative policies, global outreach, and a focus on technology...

Ergo Commits €130 Million to GenAI Innovation, Spotlighting India as a Tech Powerhouse

German insurer Ergo is investing over €130 million in generative AI infrastructure, with India playing a key role in its global tech transformation. The investment aims to develop ...

UIDAI's Bold Steps to Combat Aadhaar Fraud: Enhancing Security with AI and Biometric Checks

UIDAI is implementing advanced security measures, including AI and biometric checks, to combat Aadhaar fraud. The authority is enhancing verification processes and digitalizing app...

Oracle Commits $2B to Boost AI and Cloud Services in Germany: A Strategic Move

Oracle announces a $2 billion investment in AI and cloud infrastructure in Germany, aiming to expand its Oracle Cloud Infrastructure and AI services to support public and private s...

HDFC Bank Launches Revolutionary GenAI Platform to Transform Digital Banking Experience

HDFC Bank introduces a groundbreaking GenAI platform, moving from experimentation to structured deployment with over 15 lighthouse programmes aimed at enhancing operations, product...

Digital Transformation in Tax Administration Sparks Unprecedented Surge in Refunds

Over the last decade, digital advancements in tax administration have led to a significant increase in income tax refunds and a decrease in processing time, from 93 days to 17. Thi...

Cindy Rose Steps into Leadership at WPP: A New Era for Advertising and PR Giant

WPP PLC appoints Cindy Rose, former Microsoft executive, as new CEO, signaling a strong focus on digital transformation and AI in advertising and PR. Rose's leadership is expected ...

Linda Yaccarino Announces Departure as X CEO After Transformative Two-Year Leadership

Linda Yaccarino steps down as CEO of X after two transformative years under Elon Musk's leadership, having played a pivotal role in the company's rebranding and strategic shift tow...

Capgemini Strengthens AI Capabilities with $3.3 Billion Acquisition of Outsourcing Giant WNS

Capgemini acquires WNS for $3.3 billion to boost its AI capabilities, marking a significant expansion in India and reinforcing its position in digital business process services. Th...

Vietnamese Leader's Viral Livestream Sells 54 Tons of Lychees in Just 6 Hours, Revolutionizing Local Agriculture

A Vietnamese provincial leader's livestream sold 54 tons of lychees in six hours, showcasing digital innovation's role in agriculture and empowering local farmers to reach global m...

KIC Unveils Bold New Vision on Its 20th Anniversary: A Leap Towards Future National Wealth

The Korea Investment Corporation (KIC) marks its 20th anniversary with a new vision to enhance national wealth and future value, outlining strategic initiatives and receiving globa...

Cisco Accelerates Middle East's AI Revolution with Strategic Partnerships and Billion-Dollar Investments

Cisco Systems, Inc. is making significant strides in the Middle East's AI sector through strategic partnerships with AIP, Humain, G42, and Qatar's Ministry of Interior, aiming to u...

LTIMindtree Secures Groundbreaking $450 Million Deal with Global Agribusiness Giant

LTIMindtree has signed its largest ever contract, a $450 million deal with a global agribusiness company, to provide AI-driven IT services, marking a pivotal shift towards an AI-dr...

LG CNS Achieves 'AA' Credit Rating: A Testament to Its Digital Transformation Leadership

Korea Ratings upgrades LG CNS's credit rating to 'AA/Stable', citing its industry leadership, financial growth, and strategic initiatives in digital transformation and technology a...

India's Path to an $8 Trillion Economy by 2035: Overcoming Four Critical Challenges

India aims to become an $8 trillion economy by 2035 but faces four major hurdles: income disparity, low formalisation, limited market access, and low productivity. Digital transfor...

India's BankTech Sector Set to Skyrocket: $1 Billion Investment Forecast by 2027

India's BankTech sector is poised for significant growth, with investments expected to reach USD 1 billion by 2027, driven by digital transformation and emerging technologies like ...

EPFO Revolutionizes PF Withdrawals: UPI and ATM Access Coming by May-End

The EPFO is introducing UPI and ATM options for PF withdrawals by May-end, aiming to reduce processing times and expand withdrawal purposes, including housing and education, as par...

AWS and Fitch Group Deepen Partnership with AI Innovations for Digital Transformation

AWS and Fitch Group have entered a multi-year collaboration focusing on digital transformation through generative AI, aiming to enhance developer productivity and modernize legacy ...

AWS and Fitch Group Forge Ahead with Groundbreaking AI Technology Partnership

Amazon Web Services (AWS) and Fitch Group have entered into a multi-year partnership to enhance digital transformation using generative AI. The collaboration focuses on improving d...

Wipro Announces Strategic Realignment of Global Business Lines to Enhance AI and Cloud Services

Wipro realigns its global business lines to focus on AI, cloud, and digital transformation, enhancing client service capabilities with consulting-led and AI-powered solutions. Lead...

Digital Transformation Leads to Workforce Reductions in Banking Sector

Banks are increasingly adopting automation and AI, leading to workforce reductions. This shift towards digitalization is reshaping the banking sector, with a focus on enhancing eff...

Infinite Uptime Secures $35M in Funding to Revolutionize Industrial IoT and Predictive Maintenance

Infinite Uptime, an IoT platform for predictive maintenance in industrial machinery, raised $35 million in funding. The investment will help accelerate its global service portfolio...

Amitava Mukherjee Takes Helm as Full-Time CMD of NMDC Ltd: A New Era Begins

Amitava Mukherjee officially becomes the full-time CMD of NMDC Ltd, marking a new era for the company. Under his leadership, NMDC has achieved record-breaking output and turnover, ...

Korea Securities Depository Leads the Charge in Token Securities and Treasury Bond Market Revolution

Korea Securities Depository (KSD) announces plans to revolutionize the financial market with token securities and treasury bonds, aiming for digital transformation and inclusion in...

10 Visionary Leaders Transforming the World: Stories of Empowerment and Innovation

Explore the inspiring stories of ten visionary leaders who are transforming the world through empowerment, innovation, and dedication. From spiritual guidance and education to digi...

India's AI Investment Skyrockets: Set to Outpace Digital Tech Growth by 2.2x, Eyeing $115 Billion Economic Boom by 2027

India's investment in AI technologies is set to grow 2.2 times faster than digital tech spending, aiming for a $115 billion economic impact by 2027, despite facing challenges like ...

Nyrika Holkar Leads Godrej's Ambitious Rs 1,200 Crore Digital Transformation Journey

Godrej Enterprises Group, under Nyrika Holkar's leadership, embarks on a Rs 1,200 crore digital transformation journey to enhance customer insights and competitiveness in a volatil...

CNN Embraces Digital Future: Launches Streaming Service and Announces Workforce Transformation

CNN announces a major shift towards digital and streaming services, cutting 200 traditional TV roles and investing in data scientists and product engineers to adapt to declining ca...

LG CNS's Public Subscription Breakthrough: Over 21 Trillion Won Deposits Signal Strong Investor Confidence

LG CNS's public subscription attracted over 21 trillion won in deposits, showcasing strong investor confidence. The company, specializing in IT services and digital transformation,...

HCLTech Expands Global Reach with New 5000-Seat Delivery Center in Hyderabad

HCLTech expands its global delivery capabilities with a new 5000-seat center in Hyderabad, offering advanced cloud, AI, and digital transformation solutions to global clients acros...