IT sector Current Affairs - 2020

Infosys unveils Skava Commerce, a modular e-commerce platform

India’s second largest software services major Infosys has launched “Skava Commerce” a new standard for modern, mobile-first and modular e-commerce platform for retailers. The platform has been developed by Skava, a Silicon Valley-based e-commerce start-up that Infosys had acquired in June 2015 for 120 million dollars. Key Facts The Skava Commerce platform can help brick-and-mortar Read More…

India, Tunisia sign two MoUs for co-operation in handicrafts and IT sector

India and Tunisia have signed two Memorandum of Understanding (MoU) for co-operation in Information Technology (IT) and promotion of traditional handicrafts. These MoUs were signed in the presence of Vice President Mohammad Hamid Ansari and Tunisian Prime Minister Habib Essid in Tunis. Vice President Mohammad Hamid Ansari visited Tunisia on the final leg of his Read More…

Union Government clears Infosys proposal to set up IT SEZ in Bengaluru

Union Government has approved the proposal of Infosys to set up an IT/ITeS special economic zone (SEZ) in Bengaluru, Karnataka in an area spread over 4 hectares. Decision in this regard was taken by an inter-ministerial Board of Approval (BoA), headed by Commerce Secretary Rita Teaotia. Key facts BOA granted formal approval Infosys’ proposal as Read More…

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Union Cabinet apprised IT agreement signed between India and Qatar

The Union Cabinet has apprised of the Memorandum of Understanding (MoU) for promoting bilateral cooperation in the field of Information Communication Technology (ICT). Decision in this regard was taken by the Union Cabinet Meeting chaired by Prime Minister Narendra Modi in New Delhi. Key facts The MoU was signed between both countries in March, 2015 Read More…

US court slaps 940 million dollars fine on two Tata group companies

The federal grand jury in the US State of Wisconsin has slapped 940 million US dollars fine against two companies of India’s Tata group – Tata Consultancy Services (TCS) and Tata America International Corp. They were fined in a trade secret lawsuit filed against them by the US based electronics medical records vendor Epic Systems. Read More…