TCS Signs MoU with TRIL
Tata Consultancy Services (TCS) signed a Memorandum of Understanding (MoU) with
Tata Realty and Infrastructure (TRIL), to develop properties on land owned/to be
owned by the company. The MoU covers eight properties located at Pune,
Thiruvananthapuram, Kochi, Ahmedabad, Hyderabad, Kolkata, Nagpur, and Mangalore.
Wipro-Egenera Tie-up
Wipro Infotech, the India, Middle East and Asia Pacific IT Business segment of
Wipro, and Egenera, the data center virtualization company, announced that they
have entered into a distribution agreement. Under the terms of the agreement,
Wipro Infotech will resell the full suite of Egenera products and emerging IT
sales opportunities for the company within India.
NEA Invests in Novatium
New Enterprise Associates (NEA) has announced an investment in Novatium
Solutions, a company committed to making affordable and pervasive computing a
reality in India. Headquartered in Chennai and promoted by well-established IT
industry stalwarts, Novatium Solutions has launched a first-of-its-kind
computing service with a vision to reach 50 mn homes in the next five years.
Experian and Visa Ally
Experian and Visa have announced an alliance to create unique risk management
products for financial institutions. The alliance intends to deliver a series of
jointly developed risk management products designed to help financial
institutions reduce credit and fraud risk losses. The first product developed
collaboratively is BankruptcyPredict.