In an interview with the Times of India, Amit Phadnis, president engineering and India site leader of Cisco, discussed the progress the company's Globalization Center in Bangalore has made. Excerpts from the interaction: On the extent of innovation taking place at Cisco's R&D center in Bangalore Phadnis: We have developed...
Cisco Inaugurates 2nd Global Delivery Center in India
San Jose, CA-based Cisco Inc., launched its second Global Delivery Center in Pune, 91 miles east of Mumbai, making India the only country in the world where the company will have two global delivery centers, reports the Times of India. The Pune center builds on the success of the Global Delivery Center at Bangalore which...
JPMorgan Expands Footprint in India
New York-based JPMorgan Chase & Co. will open three branches in India, even as global competitors HSBC and UBS are scaling back to cut costs and bolster capital. JPMorgan is witnessing an increasing level of cross-border activity among its clients as they capture more business driven by India's economic growth, Madhav...
J.C. Penney Sets Up Technology Center in India
Dallas based J.C. Penney is opening an IT office in Bangalore, India, as it restructures that critical department. The 130,000 square feet technology center will focus on analytics, innovation and reporting capabilities, Joey Thomas, a spokesman for Penney, said. The company is hiring full-time IT engineers and analytics professionals for the new...
Polycom Sets Up Third R&D Center in India
San Jose, California-based Polycom, (recently acquired by Canada-based telecom service provider Mitel Networks) has opened its third R&D facility in India. The move will make India the largest R&D center for the company since it already has two research facilities in Bangalore and Hyderabad, reports Economic Times. Inaugurated by Michael...
Oracle to Catalyze India’s Startup Ecosystem
Oracle has launched a global-first accelerator program in Bangalore to incubate startups. The announcement closely follows CEO Safra Catz’s of a $400 million investment to expand the Bangalore technology center. Called the Oracle Startup Cloud Accelerator, the program will incubate 5-6 early-stage technology startups building innovative solutions through a six-month...