Business
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Hyundai sells 1.88 mn vehicles in first 6 months, Q2 profit jumps 56%
Seoul: Hyundai Motor said on Thursday that its second-quarter net profit jumped 56 per cent from a year earlier on improved product mix and a weak won. Net profit for the three…
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Microsoft Teams faces major outage, Twitterati react
New Delhi: Tech giant Microsoft on Thursday confirmed that its Teams app was facing a major outage that affected thousands of users as they were unable to access the app, and several…
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Retail inflation for farm, rural workers rise in June
New Delhi: Retail inflation for farm workers and rural labourers rose to 6.43 percent and 6.76 percent, respectively, in June due to higher prices of certain food items. In June last year,…
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Sensex, Nifty spurt over 1 pc as windfall tax cut, FII inflows lift mood
Mumbai: Benchmark BSE Sensex rallied over 1 percent while Nifty closed above the 16,500 mark on Wednesday after sharp gains in IT, oil & gas and metal shares amid positive global market…
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Wipro records gross revenue of Rs 215.3 billion in Q1
Bengaluru: Leading technology services and consulting company, Wipro, on Wednesday announced it registered a gross revenue of Rs 215.3 billion ($2.7 billion), an increase of 17.9 per cent YoY, in Q1. In…
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Maruti Suzuki India’s mid-sized SUV Grand Vitara for global markets
New Delhi: India’s largest car maker Maruti Suzuki India Ltd will make for the world its newly ‘hatched’ mid-sized hybrid – petrol, battery- sport utility vehicle Grand Vitara, said a top official.…
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Reliance Industries shares climb over 4 pc; ONGC jumps 7 pc
New Delhi: Shares of firms related to oil exploration and refineries were in heavy demand on Wednesday, with Reliance Industries and ONGC rallying after the government slashed windfall tax on petrol, diesel,…
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Amazon, FB, Google suppress competition, favour their products: US govt panel
Washington: New internal documents released by the US House Judiciary Committee have revealed how Amazon, Facebook and Google favoured their own products and abused their dominance to suppress competition from their rivals.…
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Google plans to test AR glasses in public from next month
San Francisco: With an aim to help users, tech giant Google has announced that it is planning to test augmented reality (AR) glasses in public beginning next month. The company said that…
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95% of new digital workloads to be deployed on Cloud by 2025: Nadella
New Delhi: Nearly 95 per cent of all new digital workloads will be deployed on the Cloud by 2025, Microsoft’s Executive Chairman CEO Satya Nadella has said. Addressing the company’s annual conference…
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Samsung to drop Galaxy S22 FE to increase S22 Ultra’s production
Seoul: South Korean tech giant Samsung has cancelled the development of the Galaxy S22 FE. However, the series has not been discontinued, media reports say. Samsung has abandoned the Galaxy S22 FE…
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UK heatwave shuts Google Cloud, Oracle data centre servers
London: The record-breaking heat in the UK has led to cooling-related outages at the Google Cloud and Oracle servers, leaving the customers flummoxed as they never experience such outages. Google Cloud said…
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Hyundai, Rolls-Royce tie up for air mobility with electric propulsion
Chennai: South Korea’s automotive major Hyundai Motor Group and Rolls-Royce have teamed up to bring out an all electric propulsion and hydrogen fuel cell technology-powered air mobility. According to Hyundai, the partnership…