The Indian video games industry will be valued at over $2 billion by 2023, according to GlobalData. Such a lucrative opportunity is the biggest motivation for tech companies to acquire or invest in gaming studios, said Guha.
TCS will refresh existing facilities and systems (including hardware), build new solutions for the issuance of e-passports and improve the citizen experience with solutions like biometrics, chatbots and auto-response among others as they go through the passport application process.
In April 2020, Meta's Facebook invested $5.7 billion in Reliance's Jio Platforms, aiming to allow WhatsApp to offer payments services to millions of small businesses. The deal helped billionaire Mukesh Ambani's Reliance slash its heavy debt load.
L&T Infotech opened its first centre in Kolkata on Friday, and said it is planning to hire 4,000-5,000 employees in the next two-three years in the eastern region.
On Sunday evening, the company posted on professional networking site LinkedIn, saying it has taken the call to layoff a portion of its staff after exploring multiple options.
CHINA-CONSUMPTION-China's JD.com posts slowest growth ever in '618' shopping event
According to crypto news tracker Decrypt, from February 2018 to at least February 2019, Musk publicly maintained via Twitter that he owned no cryptocurrency aside from 0.25 BTC.