Business news

Will Ashok Vemuri be the next Infosys CEO?

Vemuri has previously served Infosys, as the global head of manufacturing and the Americas at Infosys.

Nov 3, 2017

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SBI lowers lending rate: Here's what it means if you have a home loan

SBI has slashed lending rates by 5 bps across maturities for the first time in 10 months. If you are paying a fixed rate loan, you may want to move to an MCLR-linked loan.

Nov 3, 2017

Apple doubled its revenues from India, says CEO Tim Cook

It's not just iPhone sales that have increased in India, the company is also witnessing greater demand for other products such as iPads and Macs.

Nov 3, 2017

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30,000 telecom employees likely to face layoffs in next 12 months

Profiles like data entry, telecalling and ground sales with annual salaries ranging from Rs 1.2 lakh to Rs 2.8 lakh will become obsolete.

Nov 3, 2017

1,000 new start-ups joined in 2017, B2B and advanced tech start-ups pushing the ecosystem forward: Nasscom

With 40 percent of the start-ups in the B2B segment, its share in the overall tech start-up funding is over 30 percent.

Nov 2, 2017

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More bleak days likely as major IT firms trim workforce by over 4,000

Brands like Infosys, Cognizant, Wipro and Tech Mahindra have seen quite a decline in their headcount in the last six months and are not too keen on campus placements either.

Nov 2, 2017

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The five craziest bids for Amazons new HQ

Amazon has received 238 proposals from cities to set-up its second headquarters location. Here are some of the most creative bids Amazon received.

Nov 2, 2017

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Airtel to scale down 3G service, will shift focus on 4G business

The rapid increase in the number of people using 4G devices is also a reason behind such a shift.

Nov 2, 2017

Dr Reddy's, Sun Pharma and 3 other Indian generic drugmakers sued over US price-fixing conspiracy

The five Indian drugmakers include -- Dr Reddy's Laboratories, Sun Pharmaceuticals, Emcure Pharmaceuticals, Zydus Cadila Pharmaceuticals and Glenmark Pharmaceuticals.

Nov 2, 2017

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Facebook, Google and Twitter have circulated some of the most outrageous fake news

Since Donald Trumps 2016 presidential election campaign trail, fake news has been thrust into the spotlight. Tech companies such as Facebook, Google and Twitter have come under scrutiny for failing to stop the circulation of fake news. On 31 October, representatives from these three tech companies are testifying on Capitol Hill for the Russian-tie investigation for the 2016 Presidential Election Campaign.

Nov 2, 2017