Australia’s share market has had its best week since July 3 as the first busy week of a COVID-hit earnings season failed to dampen investor confidence.…
Co-founder and head of Digital India Foundation Arvind Gupta said the country is poised to achieve self-reliance in defence and tech sectors over the next four to five years.
He said India needs to embrace a global outlook and entrepreneurs must resolve challenges facing the country and sell solutions to the world.
“The Covid-19 pandemic has created an opportunity for the globe to not just look at incremental changes but transformative ones. A self-reliant, agile India will be able to transform its digital ecosystem,” he said in conversation with Karthikeyan Natarajan, President and COO of a leading engineering and technology solutions company Cyient.
The online conversation took place on the eve of India’s 74th Independence Day to discuss insights from Digital India initiative and key learnings for modern enterprises in becoming self-reliant.
Gupta, a leading innovation evangelist and former CEO of myGov India, said India’s digital economy is poised for a big lift. “The next big innovation for the world will come from India and the frugal nature of Indian entrepreneurship is something the whole world wants to emulate.”
Digital is the new-age economy worldwide
In July, Wipro announced that it had signed an agreement to acquire IVIA for $22.4 million (about Rs 169 crore).
IVIA is a provider of IT solutions including system development, maintenance, consulting and project management services to clients in Brazil.
In July, Wipro had said IVIA’s local talent and long-standing relationships, combined with its own global expertise, will help expand its geographical footprint in Brazil.
The acquisition will also help Wipro set up delivery centres in the northeast of Brazil leveraging IVIA’s workforce, it had noted.
IVIA was privately held and had around 722 employees (as of December 2019). It had reported a net revenue of $13.5 million for the year ended December 31, 2019, according to Wipro’s July filing.
Major tourist sites in Rio de Janeiro, including the iconic Christ the Redeemer statue overlooking the Brazilian city, reopened to the public on Saturday after being closed for five months due to the coronavirus pandemic.
“The reopening of the Christ (monument) symbolizes the reopening of Brazil to tourism,” Environment Minister Ricardo Salles said at a ceremony at the base of the statue.
Visitors will be required to wear masks and maintain social distancing, and will not be allowed to lie on the ground — as many do in attempting to get the best angle for photos at the feet of the huge Art Deco statue with its arms outstretched.
Located atop 710-meter-high (2,300-feet) Corcovado hill in the center of Rio in Tijuca national park, the monument offers a spectacular panoramic view of the city and its environs.
Since social-distancing measures forced its closure in March, Christ the Redeemer has continued to function as a religious sanctuary, offering public masses and holding vigils to honor healthcare workers and victims of the pandemic.
Also reopening to the public on Saturday were the Pao de Acucar cable car, which offers its own panoramic view of the city, the AquaRio aquarium and the gigantic