Business

Company plans to have 1,000 professionals operating in the centre in 12-18 months

The company’s revenue grew by 76 per cent at Rs 1,288 crore as against Rs 730 crore in the year-ago period.

It will infuse Rs 398 crore, which will be subject to closing adjustments. The Aditya Birla group firm expects to complete the acquisition in 30 to 45 days.

In the June and September quarter this fiscal, the airline had incurred a net loss of Rs 2,884 crore and Rs 1,194 crore, respectively.

After Kwid and Triber, Kiger is the company's third model, which would be introduced in India, followed by other markets.

The 30-share BSE index ended 535.57 points or 1.13 per cent lower at 46,874.36.

Till now, HCIL has been exporting the 'Right Hand Drive' models of the 'All New City' to South Africa since August 2020 and neighbouring countries of Nepal and Bhutan from Oct 2020.

They would be holding this position for up to three years, the lender said in a release.

Finance Minister Nirmala Sitharaman had announced that a new policy on PSU privatisation will be announced whereby a list of strategic sectors requiring presence of PSEs in public interest will be notified.

He, however, did not share details on the Covid-related loan restructuring for SBI citing the silent period ahead of the results.

The life insurer's retail new business or the individual rated new business premium in December 2019 was Rs 191 crore.

The update for Redmi 8 has the firmware version V12.0.1.0.QCNINXM while the Redmi 8A's firmware is V12.0.1.0.QCPINXM. The former weighs around 2.1GB while the latter is about 1.8GB in size, reports GizmoChina.

Apple delivered a phenomenal performance in the December quarter, returning to the top position with 90.1 million devices shipped, driven by the success of the iPhone 12 series, according to preliminary data from the IDC

While the B2B firms are more prepared than B2C, 80 per cent of organisations have a defined data retention policy, according to a joint report by Deloitte and Blancco, that provides data erasure and mobile device diagnostics software.

According to software company Pegasystems, the study surveyed over 1,000 consumers in India on their views about AI as it relates to morality, ethical behaviour and empathy.

Apple delivered a phenomenal performance in the December quarter, returning to the top position with 90.1 million devices shipped, driven by the success of the iPhone 12 series

The collaboration will extend the outreach of NMIMS executive programmes while facilitating exchange of faculty and trainers

The industry body had pegged sugar output of the country around 310 lakh tonnes in its first advance estimates for 2020-21 sugar season.

Plans to hire over 200 engineers in the city with expertise across all phases of the software development lifecycle, test automation, and ethernet & internet protocol technology

The new facility will serve as a premier hub for driving engineering and innovation, Microsoft said, adding that the new facility is Microsoft's third Development Centre in India after Bengaluru and Hyderabad.

According to the automobile manufacturer, the net profit during the quarter under review rose to Rs 1,941.4 crore from Rs 1,564.8 crore during the corresponding period of previous fiscal.

The iPhone maker is planning to release the feature to all some time this spring, The Verge reported on Thursday.

This new version, which starts shipping in March comes with an option for a more powerful powertrain that lets the car travel at least 520 miles and goes from 0 to 60 miles per hour in under two seconds.

Total jewellery demand in India for 2020 was down by 42 per cent at 315.9 tonnes as compared to 544.6 tonnes in 2019. The value of jewellery demand in 2020 was Rs 1,33,260 crores, down by 22 per cent from 2019