ED attaches three properties of Hero Motocorp CMD & Chairman Pawan Munjal
New Delhi, Nov 10 - In a massive action against the Hero Moto Corp CMD and Chairman, Pawan Munjal, the Enforcement Directorate (ED) on Friday said that it has attached three immovable properties located in Delhi worth Rs 24.95 crore.
NASA worked with Mphasis company Blink UX to revamp user experience
Bengaluru, Nov 10 - NASA collaborated with Blink UX, an Mphasis company, to release its updated website after two years of rigorous user experience research, strategy and design.
Black Box strengthens India presence with new Center of Excellence
New Delhi, Nov 10 - Black Box Limited (formerly AGC Networks Limited), a trusted IT solutions provider announced the inauguration of its new Center of Excellence in Bengaluru.
Private promoter holding slumps to 4-yr low
New Delhi, Nov 10 - The share of private promoters in companies listed on NSE declined to a 4-year low of 41.55 per cent as on September 30, 2023, according to Primeinfobase, an initiative of Prime Database Group.
Investors should exercise caution in small & mid-cap stocks, say analysts
New Delhi, Nov 10 - The mid and small-cap rally is partly driven by retail exuberance and since the valuations in this broader market are high, investors have to exercise some caution, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Amagi acquires Tellyo’s biz to boost live sports, news broadcast
Bengaluru, Nov 10 - Cloud-based SaaS technology platform Amagi will acquire the business of Tellyo, a leading real-time live cloud remote production, clipping/editing and social sharing platform, for an undisclosed sum.
Gaming company Unity likely to layoff employees to cut costs
San Francisco, Nov 10 - Game development software company Unity has announced that it will “likely” go for layoffs as part of cost-saving measures.
Google ‘offered’ Netflix special deal to pay only 10% on Google Play
San Francisco, Nov 10 - Not just Spotify, Google also offered streaming giant Netflix a special discounted rate of 10 per cent of its in-app payments on Android so that Netflix could keep 90 per cent of the money, the media reported.
Sundar Pichai to testify in Epic Games vs Google case next week
San Francisco, Nov 10 - Alphabet and Google CEO Sundar Pichai is likely to testify in Epic Games’s lawsuit against Google in a US court next week.
ICICI Bank gets RBI nod for making ICICI Securities its wholly-owned subsidiary
Mumbai, Nov 9 - ICICI Bank said on Thursday that it has received the Reserve Bank of India’s (RBI) clearance for making ICICI Securities its wholly-owned subsidiary.
Apple, US govt reach $25 mn settlement over job bias allegations
New York, Nov 10 - Apple Inc reached an agreement with the US Department of Justice (DOJ) to resolve allegations that the tech giant illegally discriminated in hiring and recruitment against American citizens and certain non-US citizens whose permission to live in and
GMM Pfaudler declared interim dividend despite lower Q2 PAT
Chennai, Nov 9 - Glass-lined equipment major GMM Pfaudler Ltd closed the second quarter with a lower net profit of Rs 15.78 crore.
Wipro may not give hike to top performers with higher compensation: Report
New Delhi, Nov 9 - Leading technology services and consulting company Wipro might not give salary hikes to "top performers with higher compensation", media reports said on Thursday.
Hindustan Zinc partners with GreenLine for deployment of LNG-powered trucks for logistics
Debari (Rajasthan) Nov 9 -GreenLine Mobility Solutions Ltd (GreenLine), India's premier LNG-powered heavy trucking logistics company, marked a historic milestone as it officially deployed its LNG-powered trucks at Hindustan Zinc, a Vedanta Group company involved in zinc, lead and silver business.
Air India enters into intermodal interline agreement with Deutsche Bahn
New Delhi, Nov 9 - Tata owned Air India has entered an inter-modal interline agreement with WorldTicket, the exclusive distributor for Europe’s largest railway operator, Deutsche Bahn.
Immature hardware changes will badly hit Indian mobile manufacturing industry: ICEA
New Delhi, Nov 9 - The India Cellular and Electronics Association (ICEA) on Thursday said that any forced mandate to implement "immature" hardware changes will make the Indian mobile industry a “costly experimental ground” and will adversely impact the country’s mobile manufacturing efforts.
Adani Ports posts Rs 1,748cr net profit in Q2
Mumbai, Nov 9 - Adani Ports and Special Economic Zone on Thursday reported a 4.19 per cent increase in consolidated net profit to Rs 1,747.85 crore for the July-September compared to the same period of the previous year.
Business sale profit boosts Bosch’s Q2 profit to Rs.998 crore, to divest stakes in Hinduja Renewables
Chennai, Nov 9 - Automotive and consumer products maker Bosch Ltd on Thursday said it closed the second quarter of FY24 with a net profit of Rs.998.9 crore.
EV maker Lohia Auto to launch high speed scooters, new three-wheeler
Chennai, Nov 9 - Launching high speed scooters and a new passenger carrying three-wheelers, expanding dealer network are what electric two- and three-wheeler maker Lohia Auto Industries Ltd is planning, said a top company official.
Apple co-founder Steve Wozniak hospitalised after possible ‘stroke’
New Delhi, Nov 9 - Apple co-founder Steve Wozniak was hospitalized in Mexico City after reporting "feeling strange" during the delivery of a speech at an event, media reports said on Thursday.