Las Vegas, The Asia-Pacific region has huge potential to write the next growth story for Amazon Web Services (AWS), with India playing a key role in Cloud adoption among both enterprises and the governments, CEO Andy Jassy has stressed. After delivering his marathon three-hour keynote address at the AWS “ReInvent[Read More…]
business
Wipro arm to sell Schreder lighting products in India
Bengaluru, The Consumer Care and Lighting business of Wipro Enterprises will offer Belgian lighting manufacturer Schreder’s smart lighting solutions in India, the company said on Wednesday. “As part of the agreement, Wipro Lighting will market Schreder’s lighting products and solutions in India,” said the city-based Wipro czar Azim Premji-owned company[Read More…]
ChitFundScam: CBI arrests Saroj Patra, director of Adarsh Group of Companies for duping investors
CBI arrests Saroj Patra, director of Adarsh Group of Companies for duping investors for as many as Rs 12 Crore. He has been arrested from Cuttack’s district of Nemalo. More details are awaited at this moment.
Sensex, Nifty marginally up, banking stocks in red
Mumbai, The key equity indices were marginally higher during the afternoon session of trade on Tuesday over profit booking, but banking stocks traded lower. Domestic bourses also took cues from the firm Asian markets. Buying was witnessed in energy and IT stocks. At 2.23 p.m., the S&P BSE Sensex traded[Read More…]
Profit booking subdues indices, banking stocks down
Mumbai, Profit booking during the morning trade session subdued both key indices — Sensex and Nifty — on Tuesday. However, positive Asian markets aided the domestic indices to pare some of the losses. Buying was witnessed in IT, healthcare and TECK (technology, entertainment and media) counters while metal scrips came[Read More…]
General Motors to close plants, cut staff by 15%
Washington: General Motors on Monday announced the closure of seven of its factories around the world as part of a restructuring plan. The automaker said in a statement that it will close two assembly plants in the US and one in Canada, along with two others in as-yet-unidentified countries. The[Read More…]
Dell hosting women entrepreneur network meet in Bengaluru
Bengaluru: Global computer maker Dell Technologies is hosting for the first time in India its Dell Women’s Entrepreneur Network (DWEN) meeting in this tech hub on Tuesday to focus on women funding women, said the US-based firm on Monday. “The event brings innovators, investors and influencers who dedicate to build[Read More…]
HEG to buyback 3.41% equity shares worth Rs 750 cr
Mumbai: Graphite electrodes manufacturer HEG’s board has approved a buyback of 3.41 per cent of the company’s equity shares worth Rs 750 crore. The firm has set the buyback price at Rs 5,500 per equity share. “The buyback is proposed to be made from the shareholders of the company on[Read More…]
Microsoft leaps over Apple, became the world’s most valuable company
After spending almost 8 years below Apple Inc. The software giant has finally surpassed its arch-rival in terms of market capital. Apple, which became the first US company to cross the $1 trillion mark has now been overtaken by Microsoft for the number one spot. Microsoft, which has recently acquired[Read More…]
Microsoft surpasses Apple to become most valuable US company
San Francisco: Microsoft has become the most valuable US company with $753.3 billion in market capitalisation, riding past Apple for the first time since 2010 when it came close to the Cupertino-based tech giant. Apple, which became the first $1-trillion US company in August, came down to $746.8 billion on[Read More…]
