Microsoft posts $21.9 billion in net income, bets big on AI
Microsoft has posted a revenue of $61.9 billion in its third quarter (Q3) — up 17 per cent — with $21.9 billion in net income...
Tag : Corporate News
Credit card data of 17K ICICI Bank users exposed; bank blocks cards, assures compensation
After credit card data of at least 17,000 new ICICI Bank customers was exposed and reached "wrong users", the bank said on Thursday that it...
Hackers attacked Indian firms on average 2,444 times per week in last 6 months: Report
Hackers have attacked Indian organisations on average 2,444 times per week in the last six months, compared to 1,151 attacks per organisation globally,......
L&T Technology Services logs Rs 1,304 crore in net profit in FY24
Technology Services Ltd on Thursday reported a net profit of Rs 1,304 crore in FY24, an 8 per cent growth, with revenue of Rs 9,647...
Google opens applications for this year’s Startups Accelerator programme in India
Google on Thursday said that it has opened applications for this year's 'Startups Accelerator: AI First' programme in India. The programme will provide......
Adani Group’s ACC Limited logs highest-ever annualised PAT at Rs 2,337 crore in FY24
ACC Limited, a subsidiary of Ambuja Cements, on Thursday announced lifetime high annualised profit after tax (PAT) at Rs 2,337 crore in FY24, up a...
Nestle India’s net profit up 27 pc in Q4; to form a JV with Dr Reddy’s Laboratories
The board of directors of Nestle India has approved the execution of a definitive agreement to form a joint venture with Dr. Reddy’s Laboratories for...
BMW’s another all-electric car launched in India
Luxury car maker BMW on Thursday launched another all-electric car, BMW i5 M60 xDrive, in India at an ex-showroom price of Rs 1,19,50,000. The new...
ICEA shares blueprint for India to become a global leader in chip value chain
As India embarks on its ambitious semiconductor journey, providing strategic support for chip design firms, bridging the skill gap, enhancing funding m......
Dell launches new Alienware gaming laptop in India
Dell Technologies on Thursday launched a new gaming laptop -- Alienware x16 R2, in India, powered by the latest Intel Core Ultra processor. The new...
Will make India our global export hub: Hyundai Motor chief
(IANS) The chief of Hyundai Motor Group recently visited India and laid out a vision to bolster its operations there to utilise the country as...
IBM acquires cloud software provider HashiCorp for $6.4 billion
IT major IBM has acquired multi-cloud infrastructure automation company HashiCorp for $35 per share in cash, or an enterprise value of $6.4 billion. Ha......
Axis Bank clocks net profit of Rs 7,130 crore for Jan-March quarter
Bank on Wednesday reported a net profit of Rs 7,130 crore for the January-March quarter of 2023-24 compared to a loss of Rs 5,762 crore...
Qualcomm expands Snapdragon portfolio with new platform to power AI PCs
Chip-maker Qualcomm on Wednesday expanded its Snapdragon X Series portfolio with a new platform to deliver better performance, longer battery life and......
RBI issues red alert on illegal entities in forex market
Reserve Bank of India (RBI) on Wednesday issued an alert against unauthorised entities offering foreign exchange (forex) trading facilities to Indian r......
Musk’s X takes on YouTube, to launch dedicated TV app for videos soon
Taking on Google-owned YouTube, X social media platform will soon launch a dedicated TV app for users to upload high-quality videos, its CEO Linda Yacc......
India takes leading role in calling for multilateral bank reforms
(IANS) As the Global South grapples with the ossified structure of the main multilateral development banks (MDBs), India has taken a leading role in ca......
India showcasing innovative technologies at World Energy Congress
India is showcasing its innovative technologies and power generation practices at the 26th World Energy Congress, being held in the Netherlands from Ap......
Tata Elxsi logs 13 pc revenue growth, announces 700 pc dividend for FY24
IT major Tata Elxsi on Tuesday declared its fourth quarter results, with 13 per cent revenue growth at Rs 3,552.1 crore and profit before tax...
RBI lists 6 factors powering India’s take-off to become world’s 3rd largest economy
India’s recent growth performance has surprised many, triggering a flurry of upgrades from financial institutions such as the IMF, the RBI bulletin rel......