Business
-
HDFC Bank logs 19 pc growth in net profit, proposes Rs 19 dividend
Chennai: Private sector HDFC Bank Ltd on Saturday said it had closed FY23 with a 19.3 per cent increase in net profit and the Board has proposed a dividend of Rs 19…
-
Sega to acquire Angry Birds creator for $1 bn: Report
San Francisco: Rovio Entertainment, the creator of the iconic Angry Birds mobile game franchise, may be acquired for $1 billion by Sega, the Japanese video game and entertainment company, the media reported.…
-
Samsung cuts pay hike to average 4.1%, freezes raises for board members
Seoul: Samsung Electronics’s management and its workers have agreed to an average 4.1 per cent pay raise for the year, while effectively freezing raises for its board members due to poor performance…
-
Zoom acquires employee communications platform Workvivo
New Delhi: Video-based communications app Zoom has announced it is acquiring Irish employee communications platform Workvivo for an undisclosed sum. Founded in 2017, Workvivo provides a feature-rich employee experience platform, combining advanced…
-
Apple shipped $7.5 bn worth iPhones, iPads in India in FY23
New Delhi: Amid the local manufacturing push and an upcoming widespread retail store strategy, Apple shipped $7.5 billion worth iPhones and iPads in India in FY22-23, data accessed by IANS has shown.…
-
Centre makes U-turn on Vizag Steel Plant, employees intensify protest
Visakhapatnam: In another U-turn on the disinvestment process of Rashtriya Ispat Nigam Ltd (RINL), the corporate entity of Visakhapatnam Steel Plant, the Centre on Friday said that the process is in progress.…
-
Just 11.3% women use payment apps on smartphones in India: Report
New Delhi: Despite a 50 per cent rise in the Indian users’ time spent over smartphones in the last year and the participation of women in the workforce rising consistently, only 11.3…
-
Infosys posts Rs 24,108 crore net, recommends dividend of Rs 17.50
Bengaluru: Software major Infosys Ltd on Thursday said it had closed FY23 with a higher net profit of Rs 24,108 crore. The company said it had earned a revenue of Rs 146,767…
-
Twitter users face issues with replying to Tweets on web
New Delhi: Several Twitter users have encountered problems with replying to Tweets on the web, however, the micro-blogging platform later acknowledged the issue and said “things should be working normally now”. A…
-
Vivo India to ship over 1 mn smartphones in 2023
New Delhi: Vivo India on Thursday said that the company will export more than one million ‘Made in India’ smartphones in 2023. In its second edition of India Impact Report, the company…
-
Rupee gains 1 paise to close at 82.11 against US dollar
New Delhi: The rupee consolidated in a narrow range and settled for the day 1 paise higher at 82.11 against the US dollar on Wednesday, as participants remained on the sidelines ahead…
-
Truecaller Live Caller ID now available for premium subscribers on iPhones
New Delhi: Leading caller identification app Truecaller on Wednesday said its Live Caller ID is now available for premium subscribers on iPhones globally, including in India, for the first time. The service…
-
Global EV battery market to grow fivefold to $616 bn in 2035
Seoul: The global electric vehicle (EV) battery market is forecast to post rapid growth to $616 billion in 2035, a market tracker said on Wednesday, with the China-based production likely to sharply…
-
Homegrown VC firm BoldCap unveils $25 mn early stage fund
New Delhi: Homegrown VC firm BoldCap on Wednesday announced its second fund with a fresh capital of $25 million, to be invested in 15-20 early-stage startups over the next 24-36 months. Chennai-based…