AMD Completes Acquisition of Silo AI
AMD has announced the completion of its acquisition of Silo AI, the largest private AI lab in Europe. The all-cash transaction valued…
Author: Editorial Bureau
Manufacturers Rely on Observability to Drive Security, AI, and IoT Adoption
New Relic has published its State of Observability for Industrials, Materials, and Manufacturing report, which offers insights and analysis on the adoption…
Everyday AI and Digital Employee Experience will be Mainstream within two years
Everyday AI and digital employee experience (DEX) are projected to reach mainstream adoption in less than two years according to the…
OMRON Transformed & Consolidated Its Expense Management Processes With SAP Concur
OMRON is a leading automation company with its core competencies in ‘Sensing Control + Think’ technology, and is engaged in…
Kyndryl Opens New Security Operations Centre in Bengaluru
Kyndryl has announced it has launched a Security Operations Centre (SOC) in Bengaluru, India that offers comprehensive support and advanced protection capabilities…
Ozonetel Appoints Shalil Gupta as MD
CXi platform Ozonetel has announced the appointment of Shalil Gupta as its new Managing Director (Global Growth). In this role, Gupta will…
ManageEngine And ACPL to Boost the Digital Security and Performance of Indian Businesses
ManageEngine, the enterprise IT management division of Zoho Corporation, has announced that it has joined forces with ACPL Systems Pvt.…
UiPath Recognized as a Leader in Gartner Magic Quadrant for RPA
UiPath recently announced it has been positioned by Gartner as a Leader in the 2024 Gartner Magic Quadrant for Robotic Process Automation research…
Fortinet Report Highlights Cybersecurity Skills Shortage in India
Fortinet has released its 2024 Global Cybersecurity Skills Gap Report, which highlights ongoing challenges related to the cybersecurity skills shortage impacting…
Rashi Peripherals’ Q1 Net Profit Jumps 16.95% To ₹550.37 Cr
Rashi Peripherals Limited, one of the leading national distribution partners for global technology brands in India, reported 16.95% rise in the net profit at ₹550.37 million for the first quarter ended June 30, 2024. The company’s total income rose 42.13% QoQ to ₹42,745.02 million; while EBITDA stood at ₹905.83 million, up 8.23% QoQ. Key Consolidated Financials: Operational Updates: o CRISIL Ratings assigned CRISIL A+/Positive and CRISIL A1 ratings to the company’s long-term and Short-term bank loan facilities amounting to ₹17,000 million o Won orders for NMDC Data Center and Tamil Nadu Education project o Rolled out 40 city Channel Business Forum (CBF) roadshow beyond 50 branches of RP Tech o Commenced the first Embedded Application Lab in Bangalore Commenting on the performance, Kapal Pansari, Managing Director, Rashi Peripherals Limited said,…