Indian IT eyes $300 billion revenue by 2020/ Diebold Launches World's First Intelligent-Powered ATM

Indian IT eyes $300 billion revenue by 2020 Targetting $300 billion revenue from IT sector by 2020, the industry representative body Nasscom on Monday announced expansion of its focus to include internet, mobile technology and cloud computing. Currently revenue from software and ser..more Diebold Launches World First Intelligent-Powered ATM Diebold, Incorporated (NYSE: DBD) today announced the launch of the world’s first intelligent-powered automated teller machine (ATM), the Diebold 429. This machine is specifically designed to meet the increasing demand for a robust self-service..more Seagate to launch wireless storage devices in India Seagate, a US-based hard disk supplier, said it will launch its latest wireless storage solutions, which provides automatic backup, remote access from outside a home network among other niche features, for the Indian market by April. more

Amazon CTO: Indian companies more tech savvy than peers

As chief technology officer of the $61-billion Amazon.com, 54-year-old Werner Vogels is responsible for driving technology services at the online retail company. In India, Amazon expects to work more closely with emerging ventures across the internet..more

There is no need to worry about Dell’s big deal

Michael Dell roiled Wall Street by announcing last month that he and the private-equity firm Silver Lake Partners would be taking his eponymous home-computer maker private. The deal raised many questions — most important, whether Dell, by far t..more