Browsing Category

Business

Business & economy, industries, companies, technologies and MNCs – News

About Ten News Automobile & Aviation Breaking Coronavirus Education Features Films & Entertainment

IT stocks index jumps 5% as Infosys, TCS power market gains

Jan 12, 2024

New Delhi, Jan 12 (IANS) IT stocks are the top gainers on BSE after Infosys and TCS announced their quarterly results.BSE IT Index is up almost 5 per cent on Friday, by far the biggest gainer amongst all sectors.Among the stocks, Infosys is up 7.6 per cent, Sonata Software is up 7 per cent, Datamatics is up 6 per cent, Coforge is up 5 per cent,…

Edtech company Simplilearn rejigs top leadership with 2 appointments

Jan 12, 2024

Bengaluru, Jan 12 (IANS) Digital upskilling platform Simplilearn on Friday appointed Mark Moran as Chief Marketing Officer (CMO) and Veerasundar V as Chief Financial Officer (CFO), in a bid to expand its future growth.Moran earlier served…

Business

Ruby Mills updates on pending litigations & disputes

Jan 12, 2024

New Delhi, Jan 12 (IANS) Ruby Mills has made a disclosure on January 5 regarding the company petition filed by Shreem Corporation Pvt. Ltd., (through its Resolution Professional), formerly known as Rajput Retail Limited (RRL) against the…

Business

Infosys surges 7% to power Sensex gains of more than 600 points

Jan 12, 2024

New Delhi, Jan 12 (IANS) Infosys shares jumped by 7 per cent on Friday propelling Sensex gains of more than 600 points.Infosys shares surged after its results with the major IT companies also moving up.Tech Mahindra is up more than 4 per…

Business

BlackRock reduces Byju’s valuation to mere $1 billion

Jan 12, 2024

New Delhi, Jan 12 (IANS) US-based investment firm BlackRock has once again cut the value of its holding in Byju's, reducing the edtech major's valuation to a mere $1 billion from $22 billion in early 2022. BlackRock, which owns less than 1…

Business

US aviation watchdog to probe Boeing’s quality control

Jan 12, 2024

Washington, Jan 12 (IANS) The US Federal Aviation Administration (FAA) has formally notified Boeing in a letter that it is conducting an investigation into the American aircraft maker's quality control after the January 5 Alaska Airlines…

Business

OpenAI-backed 1X raises $100 mn to build next-gen humanoid robots

Jan 12, 2024

San Francisco, Jan 12 (IANS) Norwegian robotics startup 1X Technologies, backed by OpenAI, has raised $100 million in its series B funding round led by EQT Ventures.As part of the round, 1X also facilitated a significant secondary…

Business

Discord laying off 170 employees due to ‘over-hiring’

Jan 12, 2024

New Delhi, Jan 12 (IANS) Popular teenage chat platform Discord is laying off 17 per cent of its workforce, or about 170 employees, across various departments. In an internal memo obtained by the Verge, Discord CEO Jason Citron blamed…

Business

Amazon-owned Audible lays off over 100 employees

Jan 12, 2024

San Francisco, Jan 12 (IANS) Amazon-owned audiobook and podcast division Audible is laying off 5 per cent of its staff, more than 100 employees, as part of overall job cuts at the e-commerce giant.After laying off hundreds of employees at…

Business

SAP elevates Kulmeet Bawa to global role for its business technology platform

Jan 12, 2024

New Delhi, Jan 12 (IANS) Cloud software major SAP on Friday announced to elevate Kulmeet Bawa, President and Managing Director for the Indian Subcontinent, to a global role as the Chief Revenue Officer, SAP Business Technology Platform (SAP…

Previous 1 … 196 197 198 199 200 … 913 Next