Business
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Infosys shares fall nearly 15 pc post earnings announcement
New Delhi: Shares of Infosys on Monday tanked nearly 15 per cent in morning trade, wiping out Rs 73,060.65 crore from its market valuation, after the company reported lower-than-expected growth in the…
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Reliance Industries to announce Q4 results on April 21
New Delhi: Reliance Industries Limited (RIL) will announce its Q4 results on April 21. “Reliance Industries Limited has informed BSE that the meeting of the Board of Directors of the Company is…
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India-US trade rose by 8% in 2022-23, fell 1.5% with China
New Delhi: Bilateral trade between India and the US rose by almost 8 per cent to $128.55 billion in 2022-23, compared to $119.5 billion in 2021-22. The growth in bilateral trade between…
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Saudi transfers 4% Aramco shares to PIF’s Sanabil
Riyadh: Saudi Crown Prince Mohammed bin Salman on Sunday announced the completion of the transfer of 4 per cent of the total shares of Aramco from Kingdom ownership to the Saudi Arabian…
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UP RERA sends notice to M3M India for publicising project in violation of law
Noida: The Uttar Pradesh RERA on Saturday said it has issued a notice to developer M3M India for allegedly starting promotion and marketing for sale of units in a project in Noida…
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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…
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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.…
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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…
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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…
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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.…
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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.…
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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…
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Rishi Sunak’s wife set to earn huge dividend income from Infosys
Rishi Sunak’s wife, Akshata Murty, is set to earn a huge dividend income from Infosys, India’s second-largest IT firm. Murty, who is the daughter of Infosys co-founder Narayana Murthy, held 3.89 crore…
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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…
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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…
