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Wednesday 11 August 2021

Company Updates 11.8.21

GAIL awarded for making highest procurement among CPSEs through GeM portal

GAIL (India) Limited was today awarded by Government e Marketplace (GeM) for making the highest procurement of Rs 1,033 crore among Central Public Sector Enterprises through the GeM portal in 2020-21.

Accepting the award, GAIL Chairman and Managing Director Shri Manoj Jain said GAIL was continuously striving to increase its procurement through GeM. He also thanked GeM for accepting GAil's suggestion to facilitate procurement of critical items like linepipes through its portal for the first time.

Government e Marketplace facilitates online procurement of common use Goods & Services required by various Government Departments, organisations, PSUs. 

GAIL Director (Finance) Shri A K Tiwari was also present on the occasion. The award was presented by Shri P K Singh, CEO of GeM. 

In the current financial year, GAIL has made procurement of Rs 526 crore through the GeM portal till July 2021. 

Wipro partners with IP Infusion to Drive Disaggregated Network Solutions and Foster Innovation

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced a partnership with IP Infusion, a leader in disaggregated network solutions, to jointly develop offerings that enable faster innovation in IP and optical networks.

Disaggregation involves transitioning network constructs from proprietary/monolithic hardware and software to an ecosystem of decoupled and open components. These are then integrated to realize any network function like a complete switching and routing device. This process helps accelerate innovation, reduce overheads and simplify network management across 5G networks. Through this partnership, Wipro and IP Infusion will empower original design manufacturers (ODMs), original equipment manufacturers (OEMs), and communication service providers (CSPs) to operate more effectively while reducing CapEx and OpEx. These joint solutions will also help customers enhance their network programmability and automation, enabling them to advance their hyper automation journey and shorten their timeto-market goals.

The joint solution offerings include Distributed Cell Site Gateways (DCSG), Fronthaul Gateway (FHGW), Provider Edge Routers (PE), Open Optical and packet transport, OpenSoftHaul and Data Center network solutions.

“Some of the key technology enablers of next generation 5G infrastructure are softwaredefined networking (SDN) / network functions virtualization (NFV), cloud native virtual network functions (VNFs), disaggregation and Artificial Intelligence/Machine Learning (AI/ML) driven network automation. We are excited to partner with IP Infusion and integrate these technologies and offer end-to-end solutions to our clients including complete technology lifecycle management,” said T V Sriram, Vice President and Global Head – Comms & Tech, iDEAS, Wipro Limited. “Wipro has also made strategic investments in hardware design capabilities, test labs and merchant silicon-based software solutions in this space.”

“Disaggregated networking requires a robust ecosystem, including expert system integrators to expand the scope and implementation of disaggregated network solutions,” said Atsushi Ogata, President and CEO, IP Infusion. “Wipro has a long history of mobile operator engagement and implementation expertise. Combining Wipro’s experience with IP Infusion’s validated disaggregation solutions will enable telecom and data communication operators to accelerate their pace of innovation, maintain Open Compute Project (OCP) compliance, and reduce overall CapEx and OpEx.”

his partnership will create market-ready network disaggregation solutions based on IP Infusion’s industry-leading network operating system protocol stacks and Wipro’s merchant silicon-based, OCP-compliant hardware design. Wipro will provide both system integration network design and implementation and testing capabilities, to service providers based on the disaggregated networking solutions jointly developed by Wipro and IP Infusion.

THOMAS COOK

With Festive Travel witnessing strong demand from the Gujarat Market, Thomas Cook & SOTC launch Diwali Mahotsav – Holiday Sale

Special Offers:

• Buy 1 Get 1 Free – Companion Free!
• Gujarati Specials: Gujarati tour manager, all meals, Gujarati snacks, special Diwali celebration night
• Discount of upto Rs 50,000 per family on International Holidays
• Discount of upto Rs 20,000 per family on India Holidays 

New Report from TCS Shines Spotlight on Digital Innovations that Can Catalyze Lasting Solutions for Global Social Issues

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, announced findings from a new report that explores how technology and digital innovation are key drivers in overcoming some of the world’s most pressing problems. The report titled ‘Technology as a Catalyst for Empowering Communities’ is the culminating release from Digital Empowers, a three-year initiative launched in partnership with the US Chamber of Commerce Foundation in 2018.

The findings in Technology as a Catalyst for Empowering Communities show that using technology, humancentered design, and cross-sector partnerships can help accelerate social impact for communities around the world.

The report explores how technology can transform outcomes across nine social issues: Education; the Future of Work; Healthcare; Sustainability and Disaster Response; Food Security; Diversity, Equity, and Inclusion; the Covid-19 Pandemic, the Digital Divide, and Mental Health. Each theme was explored over the threeyear collaboration between TCS and the US Chamber Foundation through in-person and virtual events, research, and conversations with corporate leaders, subject matter experts, nonprofit leaders, and government representatives. The report examines the leading changemakers in each issue area and the technologies powering the solutions to address it.

“Digital technologies are driving transformation of industries, and can leapfrog innovation for purposeful social impact,” said Balaji Ganapathy, Chief Social Responsibility Officer, TCS. “Digital Empowers is an unparalleled platform to explore the intersection of digital and social issues. Technology as a Catalyst for Empowering Communities should serve as a blueprint to drive innovative solutions to the world’s most pressing problems.” 

“Our world is facing unprecedented challenges that require bold ideas and innovative solutions,” said Marc DeCourcey, Senior Vice President, U.S. Chamber Foundation. “We hope this report serves as a helpful resource and a powerful reminder that with the help of technology and partnerships, we can not only overcome our challenges, but also drive meaningful change in society – now and for generations to come.” 

Key learnings from the report include:

• The Future of Work: It is imperative that youth, women, and underserved communities have access to the skills and education required to compete for in-demand technology jobs.

• Healthcare: To demonstrate value, traditional healthcare systems must evolve, adapting digital solutions for better care of all patients.

• Education: Foundational STEM education is more important now than it has ever been if we are to ensure that students are ready for the future of work.

• The Digital Divide: Solutions to bridge the digital divide are vital to overcome systemic inequities already setting global populations on starkly different paths. 

Digital Empowers is aimed at accelerating innovation for social impact. The overall goal of Digital Empowers is to raise awareness about technology trends and societal issues, explore the art of the possible, and foster cross-sector partnerships. Since inception, Digital Empowers has engaged with over 2,500 experts to create Page 2 of 3 and expand the knowledge base, explore technology solutions that have exponential impact on the most pressing problems – all of which have cross-sections and applications around the world, and to create an ecosystem of vital cross-sector partnerships leading to collaborative social impact solutions. The program has also opened doors for social entrepreneurs and changemakers to ideate and collaborate with business and technology leaders to bring novel social impact innovations to the community.

Key partnerships over the course of the Digital Empowers initiative included Bread for the City, Comcast NBCUniversal, Duke Energy, Impact Hub NY Metro and Accra, the Government of Canada, Johnson and Johnson, Land ‘o’ Lakes, ManpowerGroup, Medtronic, MIT Solve, New Profit, Talkspace, The Pantry, Vanguard, Whirlpool, UPS, Year Up, and Zions Bancshares.

Technology as a Catalyst for Empowering Communities is available to download for free at: https://on.tcs.com/CatalystReport