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Home  Business

Business

Facebook spent Rs 171 cr on Zuckerberg’s security in 2020

Facebook spent Rs 171 cr on Zuckerberg’s security in 2020

  • Australia suspends Apple-Epic case as battle shifts to US

    According to Gizmodo Australia, Apple had asked for a permanent stay of the case in Australia, arguing that the US and Australia cases were very similar.
  • LG, SK reach last-minute settlement in US battery dispute

    The US International Trade Commission (ITC) in February sided with LG in a trade secret case and issued a 10-year import ban on SK, while temporarily allowing shipments of battery components for Ford
  • WheelTug to improve airline efficiency

    Company’s technology to help transform the aviation sector through dependable departures and better aircraft utilization
  • Centre may revisit bank recapitalization plan for PSBs

    The Budget allocated Rs 20,000 crore towards the recapitalization of PSBs to help them consolidate their financial capacity.
  • India needs to grow faster to make up for contraction: IMF

    The IMF deputy chief economist, Petya Koeva Brooks also made a strong case for an additional economic stimulus to address the impact of the pandemic on the country's economy.
  • ‘Economic activity consolidated in a steady zone in March 2021’ says PHDCCI

    PHD Chamber had projected more than 1 percent growth rate of GDP in Q4 FY 2020-21.
  • South Indian Bank’s Q4 total deposits dip

    Current account and savings account (CASA) deposits were up by 18 percent to Rs 24,590 crore as of March 2021.
  • Toll road revenues to grow: ICRA

    Accordingly, this growth will be achieved on a low base following an estimated de-growth of 5-7 percent in FY21.
  • E-commerce to accelerate auto sector growth

    India's automobile market is estimated to grow more than '2.3X' from $222 billion currently to $512 billion by 2026.
  • Ambuja Cement to expand capacity

    At present, it has a cement capacity of 29.65 million tonnes with five integrated manufacturing plants and eight grinding units across the country.
  • Govt approves Rs 726 cr highway projects in Madhya Pradesh

    These projects are for building 291 km of highways in the state.
  • Google Pixel 5a 5G to launch in US, Japan later this year

    According to two sources familiar with the matter, Android Central came to believe that the Google Pixel 5a 5G was cancelled in its entirety.
  • Mutual fund assets gain 41 pc at Rs 2.09 lakh crore in FY21: Crisil

    Crisil said the open-ended debt fund category saw net outflows of Rs 52,528 crore this March, the highest net outflow seen since Rs 1.95 lakh crore in March 2020.
  • Apple likely to use 120Hz ProMotion display in ‘iPhone 13’ lineup

    Citing "industry sources," supply chain monitor DigiTimes claims that Samsung and LG are converting iPhone-only production lines to LTPO tech production.
  • Pharmaceutical market rebounds in March at 10.3 pc: Ind-Ra

    The growth was attributed to acute therapy products primarily in anti-infective, gastro and vitamin segments.
  • IMF, World Bank urged to ensure timely delivery of Covid vaccines across nations 

    The panel noted that the COVID-19 pandemic has caused unprecedented public health, economic and social crisis, threatening the lives and livelihoods of millions.
  • Vivo X60 Pro+ revitalises mobile photography among flagships

    The smartphone brand, the third largest in India after Xiaomi and Samsung with 18 per cent market share in 2020 (according to the IDC), has now brought its flagship X60 series with three devices to India
  • India’s OEMs accelerating shift towards EVs: HDFC Securities

    Based on analysis, the report said that terminal growth assumptions for PV OEMs will be at risk.
  • JioMart activity scaling up

    The report notes that the current infrastructure can support $8-11 billion in annual gross merchandise value (GMV).
  • E-comm to accelerate India’s auto sector growth: Report

    Accordingly, India's automobile market is estimated to grow more than '2.3X' from $222 billion currently to $512 billion by 2026.
  • Samsung launches new campaign to empower Indian students

    The company said that offers are now available on Galaxy Tab S6 Lite, Galaxy Tab A7, Galaxy Tab S7 and Galaxy Tab S7+.
  • Mini-lockdown casts cloud over MFI collections

    The all-India average collection efficiency was 90-94 per cent in December 2020.
  • IFC proposes to invest $100 mn in Hero Fincorp’s secured debt

    The company will also deploy three times its loan amount, through its own resources and other sources of funding, towards the same target beneficiaries over the next three years, IFC added.
  • Petrol, diesel prices remain unchanged

    Across the country as well the petrol and diesel price remain static on Saturday but its retail levels varied depending on the level of local levies on respective states.
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