IndiQube raises Rs100 cr

Bangalore based IndiQube, a smart workspace solutions provider has raised Rs 100 crore.

Praising the success, co-founder and chairman of firm Rishi Das said, “IndiQube embarked on this fabulous journey in 2015 with amazing like-minded people who believed in us. We are now very excited to have WestBridge Cros-sover Fund, one of the leading PE investors in India, partner with us to help build out this vision for work spaces of the future.’’

Indian consumers less aware of online frauds

Indian consumers are digitally driven but are less aware about online frauds when compared to their counterparts in APAC countries like Singapore and Hong Kong, says a recent Experian’s Digital Consumer Insights report.

The risk for online fraud is escalating as both brands and consumers are looking for easier ways to buy and sell products online, observes the study,

Supermassive blackhole spotted destroying star

For the first time, astronomers have directly imaged the formation and expansion of a fast-moving jet of material ejected when a supermassive black hole ripped apart a star that wandered too close to the cosmic monster.

The scientists tracked the event with radio and infrared telescopes, including the National Science Foundation's Very Long Baseline Array (VLBA), in a pair of colliding galaxies called Arp 299, nearly 150 million light-years from Earth.

US, Canada bound students have to take maternity, mental illness, drug addiction cover

Students who are keen on studying in the US and Canada have to buy travel insurance policies that will include maternity and baby cover and riders covering mental illnesses and alcoholic disorders.

Usually, travel insurance is taken to protect a person travelling abroad from untoward incidents, including loss of baggage, travel documents and medical emergency. Universities and embassies in the US, Canada and some of the European countries mandatorily require travel insurance for foreign students.

Monsoon washes away Nipah woes, boosts Kerala tourism

After a month-long lull, tourism in Kerala is all set to warm up with monsoon washing away the woes brought in by the Nipah virus. Nipah indeed played a dampener and tourism, the state’s biggest revenue earner, was an immediate casualty. Most of the tour/travel/leisure bookings were cancelled, but things have become normal in the last 15 days with monsoon holidays kicking in, say travel agents.

BSDU to emerge as largest skill development university

UGC-recorgnised Bhartiya Skill Development University (BSDU), one of the handful of skill development universities in the country, founded by Switzerland-based Indian scientist Rajendra Joshi (who is credited for the invention of Tecfidera-BG 12), a medicine against multiple sclerosis (MS), is in the process of shelling out nearly Rs 600 crore over the next four years to emerge as the largest skill development university in the country with 36 different schools and a student base of 10,000.

Cognizant elevates CEO Francisco to vice-chairman’s post

Leading tech-firm Cognizant’s CEO Francisco D'Souza has been appointed as  vice-chairman of the company with holding the current portfolio as well, the Board of Directors announced its decision on Wednesday.

Francisco had assumed the CEO role 10 year ago and under his direction the company grown multiple times. In December 31, 2007,  Cognizant had a head count of  55,400 people and its annual revenue was $2.136 billion then. As of March 31, it has 261,400 employees and revenues over $15 billion.

IT skilling firm edWisor plans to hire 150 in six months

Technology skilling start-up edWisor plans to hire 150 persons in next three-six months. The company is also looking to open an office in Bangalore.

Founded by Ramandeep Arora and Aditya Kumar, edWisor has developed an innovative combination of Hrtech & Edtech as a business model to solve skill shortages for the technology sector while making youth employable.