San Francisco, Jan 22 (IANS) IBM has announced to sell healthcare data and analytics assets from the company (currently part of the IBM Watson Health business) to Francisco Partners, a leading global investment firm. Although financial terms of the transaction were
Amaravati, Jan 22 (IANS) The Andhra Pradesh Cabinet on Friday approved an agreement with IndiGo Airlines to operate flights from Kadapa and Kurnool airports. The airline will operate four services a week starting from March 27, Information and Public Relations Minister
New Delhi, Jan 22 (IANS) The Central government has made QR codes mandatory on drug manufacturing ingredients packages and the new rule will be applicable from January 1, 2023. It has been made mandatory to put QR codes on Active Pharmaceutical
New Delhi, Jan 22 (IANS) Telecom service provider Vodafone Idea’s net losses widened year-on-year to Rs 7,230 crore during the Q3FY22. In the same quarter last fiscal, it was Rs 4,532 crore. In Q2FY22, it was Rs 7,132 crore. Revenue from
Mumbai, Jan 21 (IANS) Reliance Industries Ltd (RIL) on Friday reported a year-on-year rise of 37.9 per cent in its consolidated net profit for the quarter ended December 31, 2021, at Rs 20,539 crore. In a regulatory filing, the company reported
New Delhi, Jan 21 (IANS) IDBI Bank on Friday reported a rise of 53 per cent in its net profit for Q3FY22 on a year-on-year basis, at Rs 578 crore as against Rs 378 crore reported for Q3FY21. Besides, the bank’s
San Francisco, Jan 21 (IANS) Chip-maker Intel on Friday said it will invest more than $20 billion to build two new factories int US for advanced chipmaking, as the world grapples with semiconductor shortage. The initial phase of the project in
Chennai, Jan 21 (IANS) Private life insurer HDFC Life Insurance Company Ltd on Friday said it closed the nine month period ended December 31, 2021 with a lower net profit of about Rs 850 crore on an increased premium income of
New Delhi, Jan 21 (IANS) Indian startups raised a record $24.1 billion in 2021, a two-fold increase over pre-Covid levels, while $6 billion were raised via public markets with 11 startup IPOs, a new Nasscom report said on Friday. The Indian
Hyderabad, Jan 21 (IANS) The University of Hyderabad (UoH), has tied up with Tata Consultancy Services (TCS) for collaboration in research and innovation on next-generation communications technologies, semiconductor engineering, and heterogeneous computing architectures. TCS and UoH entered into a strategic alliance
New Delhi, Jan 21 (IANS) Essar Capital Ltd, the investment manager of Essar Global Fund Ltd, announced the appointment of Anil Kumar Chaudhary as Chief Executive Officer for the Metals & Mining business. He will be the member of the Executive
New Delhi, Jan 21 (IANS) Reliance Jio’s Estonia unit, Jio Estonia OU, on Thursday partnered with the University of Oulu in Finland to explore 6G and beyond opportunities for the world. 6G builds on top of 5G and extends digitisation through
New Delhi, Jan 21 (IANS) National carrier Air India will commence normal operations to US from Friday, the airline said. On Tuesday, the national carrier said that it will not be able to operate a number of US-bound flights due to
Mumbai, Jan 21 (IANS) Reliance Industrial Infrastructure Ltd (RIIL) on Thursday reported a rise of 2.2 per cent in its standalone net profit for the third quarter (Q3) of 2021-22 financial year on a year-on-year basis. The company’s net profit during
New Delhi, Jan 20 (IANS) India’s B2B business is expected to rise by 10.3 per cent in 2022, global payments company American Express said. A study conducted by American Express India and Invest India in partnership with the Centre for Business
New Delhi, Jan 20 (IANS) Airline major IndiGo on Wednesday urged the Centre to reduce central excise on jet fuel to 5 per cent from 11 per cent in the Union Budget FY23, to be tabled in the Parliament on February
Chennai, Jan 20 (IANS) Non-life insurer ICICI Lombard General Insurance Company Ltd closed the nine month period, ended December 31, 2021, with a net profit of Rs 958.50 crore, said a top company official. The net profit was down from about
New Delhi, Jan 19 (IANS) Reliance Jio Infocomm on Wednesday announced that it has paid Rs 30,791 crore to the Department of Telecom towards prepayment of the entire deferred liabilities related to spectrums acquired before March 2021. Reliance Jio Infocomm is
New Delhi, Jan 19 (IANS) The National Company Law Appellate Tribunal (NCLAT) has approved the Resolution Plan submitted by ArcelorMittal for the corporate insolvency resolution process of Odisha Slurry Pipeline Infrastructure Limited. Giving a major relief to the world’s leading steel
San Francisco, Jan 19 (IANS) In the biggest deal ever in the world of gaming, Microsoft on Tuesday announced to acquire Activision Blizzard, the maker of popular games like Call of Duty (CoD) and Warcraft, for a whopping $68.7 billion. When
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