Equinix sees higher growth in India. The company announced $86 million in funds to expand operations in Mumbai. Equinix will focus more on organic growth. Data centre operator Equinix confirmed that its growth in India is significantly higher than the global average. “An elevated growth rate in India is quite likely over the coming years as we expand into new markets and continue to invest in them,” Charles J Meyers, chief executive officer, of Equinix told “India is a fast-growing market for us and one we think will be a…
Read MoreDay: August 12, 2022
TCS wins digital transformation deal from Five Star Bank
TCS has won the deal with Five Star Bank,a consumer and commercial lending institution serving central and western New York. Five Star Bank will receive AI/ML-driven insights on individual customers that help managers to analyze the performance. The use of AI models helps bank to identify customers who are likely to default or pay off their loans early. Tata Consultancy Services has won the deal with Five Star Bank, a subsidiary of Financial Institutions Inc, to help it in determining lending risks and providing personalized customer experiences. TCS said it…
Read MoreKrafton says will cooperate with Indian govt to resolve BGMI ban
Krafton, the developer of Battlegrounds Mobile India (BGMI), said on Thursday that it is working closely with Indian authorities following the ban on its most popular Battle Royale game, which has over 100 million users in the country. During the company’s quarterly earnings call, Kraft CFO Bae Dong-geun stated that the company respects and understands the Indian government’s concerns. “We have been directly running the service based on stringent data security standards and monitoring. We will closely cooperate with the authorities to find ways for the users in India to…
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