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Top headlines: Eco Survey 2019-20, Wipro's Abidali Neemuchwala steps down

Economic Survey for 2019-20 was tabled in Parliament on Friday and projected the country's gross domestic product (GDP) to grow between 6 - 6.5 per cent in financial 2020-21 (FY21)

Arvind Krishna named IBM CEO as company fights for cloud business spot

IBM is a late entrant to the business of cloud services, a segment now dominated by Amazon and Microsoft.

New IBM CEO Arvind Krishna described as 'brilliant, right person to lead'

Krishna said IBM has such talented people and technology that we can bring together to help our clients solve their toughest problems

IBM receives record 9,262 US patents in 2019; India 2nd-highest contributor

In 2019, IBM was granted patents across key technology areas such as artificial intelligence (AI), blockchain, cloud computing, quantum computing and security

IBM announces appointment of company veteran Sandip Patel as new India MD

Patel succeeds Karan Bajwa who has decided to pursue opportunities outside of IBM

IBM appoints Sandip Patel as MD of its India and South Asia operations

He succeeds Karan Bajwa, who is quitting the company to pursue opportunities outside of IBM

After acquisition by IBM, can Red Hat retain its distinct identity?

After acquisition by IBM, Red Hat is working to retain its innovative streak and identity while leveraging the former's size and footprint

Robotics automation firms may not hold on to their high valuations for long

For instance, intense competition from global tech giants such as Microsoft, IBM apart from IT services firms is likely to change the RPA landscape. This, in turn, will lead to dilution in valuation

Indian IT firms open up to cloud, seek to ramp up spending next year

Cloud spend is seen as the key growth driver in 2020 as large traditional enterprises like Pentagon give out multi-billion dollar contracts

Slowing spend by telcos drags IBM India earnings; FY19 net down 12%

The company's net margin stood at 8.89% in FY19, compared with 9.88% in the year-ago period

How Red Hat could open new doors for IBM in India's cloud market

Firm's CEO is pretty upbeat about the future of hybrid cloud - which allows companies to spread their data between private and public cloud providers and has been putting good money to build expertise

With AI and automation growing, 120 million workers will need retraining

Some skills take longer to develop because they are either more behavioral in nature like teamwork and communication or highly technical, such as data science capabilities

IBM offers AI platform Watson to Indian companies to keep hackers at bay

IBM's technology leverages various forms of AI, including machine-learning algorithms and deep-learning networks that get stronger and smarter over time

IBM, Tata Communications join US tech platform Hedera's governing council

All members of the Hedera governing council have equal say in approving updates to the Hedera platform codebase

IBM fired 1,00,000 older employees to look 'cool,' alleges lawsuit

Young people replaced the axed staff at IBM to look young, as is the case with several tech giants like Amazon, Microsoft, Google and Facebook, among others

IBM $34-billion bet can help it catch up with Amazon and Microsoft

IBM has tried multiple ways to stay relevant in the technology world. But it has often been outgunned by rivals like Amazon and Microsoft

IBM laying off 2,000 employees not performing 'at a competitive level'

IBM confirmed that a 'small percentage of employees' who are not performing 'at a competitive level' would be leaving the company

IBM bets on open source in telecom, prepares for global 5G deployment

IBM has deals to manage IT infrastructure of both Bharti Airtel and Vodafone Idea

IBM takes to AI-led cognitive solutions for hiring, retaining employees

What started as a pilot project in these divisions was subsequently rolled out in all of IBM's India units

IBM using artificial intelligence to create customised, emphatic chatbots

The tech giant's IBM Watson Assistant can be trained to represent a company's specific brand voice and values using that firm's customer and business data