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IBM expands all-flash storage offerings

IBM has announced enterprise-class, all-flash storage designed to provide small, midsized organizations and global enterprises with primary storage for cloud or cognitive applications and workloads. The company also announced today IBM’s “Flash In,” a...

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Snapdeal allots stock for deal struck in 2015

Snapdeal has allotted preference shares worth Rs 113.16 crore to its early investor Nexus Venture Partners and the company co-founders Kunal Bahl and Rohit Bansal as part of the acquisition of Uni-commerce eSolutions in...

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Tech Mahindra’s Q4 profit dips 33%, misses estimates

By Samantha Kareen Nair and Sankalp Phartiyal BANGALORE/MUMBAI – Tech Mahindra Ltd, India’s fifth-largest software service provider, posted a lower-than-expected fourth-quarter consolidated profit on Friday, weighed down by weak margins and higher cost of...