Tech Mahindra said the Target Group’s proprietary platform automates complex and critical processing, servicing and administration of loans, investments and insurance.
The group held its first CIO forum in March with about 30 CEOs, 50 CIOs and CTOs and digital evangelists from different group companies.
TCS CEO N Chandrasekaran's pay rises 20% in FY16 to Rs 25.6 crore, 459 times company's median remuneration
Chandrasekaran's compensation rose 20% in FY16, the co’s report showed. The median salary increase for TCS’ 353,843 employees was 9.2% in the same year.
The RBI had initially received 41 applications to start a payment bank in February 2015 and issued 11 final in-principle licences in August.
The strategy is to ensure that companies are prepared to innovate and that the process goes beyond just having the initial ideas.
One of the applications, called Radius, is an Uber like program built for a healthcare company that provides services at home.
The platform is targeted at large retailers and food manufacturers. And more such platforms are being created.
General Electric is betting big on digital technologies and the internet-of-things as it begins its transformation to a digital industrial company.
Google-Apps-For-Work, as its enterprise products are called, are already being used by companies such as Hero Motors, Welspun and JSW Steel.
In an interaction, William Ruh, who heads the industrial giant's digital business told ET that he aims to earn $6 billion in revenues from IoT
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