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Home  Business

Business

STPI to add 12 new centres of excellence across India

STPI to add 12 new centres of excellence across India

  • Indian Public Cloud market to reach $9.5 billio by 2025

    For the second half of 2020, the Indian public cloud services market totalled $1.9 billion, according to according to IDC's ‘Worldwide Semiannual Public Cloud Services Tracker'.
  • Dorsey’s firm Square to invest $5M for solar-powered Bitcoin mining

    The facility will be a proof-of-concept for a 100 per cent renewable energy Bitcoin mine at scale, with the economics of the build-out -- including operational costs and ROI -- made open to the public.
  • Meet the new, unstoppable Indian tech honchos on world map

    The latest to join the elite tech CEOs' club is Rajesh Nambiar, currently the Chairman and Managing Director of Cognizant India, who has replaced Malcolm Frank, Executive Vice President and President, Digital Business
  • Good Health to recruit 150 people in Hyderabad

    The company this week has raised $5.2 million (about Rs 38 crore) from Khosla Ventures, Quiet Capital, W Health Ventures, Weekend Fund among other angels, said its CEO Samarth Sindhi
  • OpenText sees growth in cloud business

    Company’s Hyderabad centre builds capabilities in code development, data analytics, artificial intelligence and other core areas
  • Hyderabad-based NCL Industries rebrands doors division

    Originally started in 2019, NCLdoor is made with bison panel to withstand moisture, fire, termites and other elements that affect the overall life of a door.
  • BoB board approves setting off Rs 11,048 cr losses against share premium account

    For fiscal year 2020-21, the bank reported a net profit of Rs 828.95 crore, up 52 per cent from Rs 546.18 crore a year ago.
  • Suraksha Group seeks more time to submit final bid for Jaypee Infratech

    The company said it is also evaluating on possibility of improving the resolution plan as regards the lenders.
  • Paytm loss narrows to Rs 1,704 cr in FY21

    The total revenue of the company declined about 10 per cent to Rs 3,186 crore in 2020-21 compared to Rs 3,540.77 crore in the previous year.
  • IndusInd Bank to raise climate financing to 3.5 pc in two years

    The bank has also committed to reducing its specific carbon emission by 50 per cent over the next four years, it said in a release.
  • PNB to pick stake in NARCL; plans to transfer Rs 8,000 cr worth NPA

    All the bigger banks are contributing but the stake of each will be less than 10 per cent, he explained.
  • Brazilian health regulator approves Covaxin, Sputnik V import

    Anvisa also approved a proposal to import Russia’s Sputnik V vaccine.
  • TITA launches environment reconnect initiative for techies

    Many just have  access to mobile, television, laptop and other digital devices, which in turn is taking a toll on the health and wellbeing of people.
  • REC subsidiary RECPDCL hands over 2 SPVs to Power Grid

    REC Limited is a Navratna NBFC focusing on Power Sector Financing and Development across India.
  • NHPC signs E-Mobility pact with Convergence Energy Services

    NHPC will have the biggest EVs fleet amongst Central Public Sector Enterprises (CPSEs) in India.
  • Hotel occupancy rates to take a hit for 2-3 months more: ICRA

    According to ICRA, the recent expansion is a welcome move and is expected to benefit larger hospitality companies.
  • 3 Indians among winners of Dassault Systemes’ 3D Design Challenge

    While Ayush Agrawal won for creating a 3D working model of a paddle boat, Atharva Dingore 3D-designed a cannon and Kiran Nikwade a car.
  • Petrol, diesel price rise goes for a pause again

    Across the country as well petrol and diesel prices remained static on Saturday but the retail prices varied depending on the level of local taxes in different states.
  • Personal loan growth boosted credit outflow in April: HDFC Securities

    Accordingly, the personal loan segment witnessed further improvement in growth at 12.6 per cent YoY, after hitting a 10-year low of 9.1 per cent YoY in January.
  • Apple employees seek flexible approach for return to office

    In an email sent to employees earlier this week, Apple CEO Tim Cook said that most workers will be asked to come in to the office on Mondays, Tuesdays and Thursdays, with the option of working remotely on Wednesdays and Fridays.
  • Enterprise SSD prices to rise over 10% in Q3, Samsung to gain

    Contract prices of enterprise SSDs for the July-September period are expected to go up 10-15 percent from the previous quarter, according to the latest report from market researcher TrendForce
  • Indian govt’s schizophrenia led to Covid ravages: Amartya Sen

    Sen said India could not play on its strengths because of a poor response to the crisis due to confusion in the government.
  • Spruce up your kids’ space

    If adding graphics to the wall seems too permanent, you can hang some cool posters featuring comic art or real life icons.
  • No change in RBI’s view on cryptocurrencies: Shaktikanta Das

    The RBI had first come out with a circular on the issue in 2018, cautioning people about investing in cryptocurrencies, which do not have any sovereign character.
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