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Home  Business

Business

SAP to invest Rs 500 cr to accelerate multi-cloud strategy in India

SAP to invest Rs 500 cr to accelerate multi-cloud strategy in India

  • NALCO plans Rs 30,000 cr investment

    Besides, the company will spend over Rs 7,000 crore on the 5th stream refinery, Pottangi bauxite mines, bauxite transportation system from south block & Utkal D & E coal mines.
  • Economy likely to contract 7.7 pc in 2020-21: Govt data

    In the current fiscal, manufacturing sector is likely to see a contraction 9.4 per cent whereas growth was almost flat at 0.03 per cent in the year-ago period.
  • Digital services tax in India discriminates against US firms: USTR

    It observed that India's digital services tax (DST) is discriminatory on its face, as the law explicitly exempts Indian companies, while targeting non-Indian firms.
  • Samsung Galaxy M02s launched in India at starting price of Rs 8,999

    As part of our commitment to Digital India, Samsung is creating pioneering and affordable technology to cater to new and evolving consumer behaviours. Whether it is online education, gaming, entertainment on demand or virtual connectivity
  • Telangana gets first compressed biogas project based on poultry waste

    Compressed biogas produced in this project will be supplied to an IOCL outlet in Attapur, Hyderabad
  • SAP invests Rs 500 cr in India to boost multi-Cloud offerings

    "SAP intends to advance the vision of Atmanirbhar Bharat by leveraging an agile and scalable cloud technology that is co-developed in India and now made available in local data centres to help Indian enterprises recalibrate their businesses to run better
  • Markets bounce back after slide, realty stocks rise: Bottom Fishing

    Some losses were witnessed in the IT, FMCG and Pharma indices while Metal, Realty Banking and Auto space traded in the green.
  • Samsung unveils 2021 TV lineup with new Neo QLED TV

    Samsung's Neo QLED TV made its debut at the First Look event ahead of Consumer Electronics Show (CES) 2021, along with new models of Micro LED and Lifestyle TVs.
  • Amazon buys 11 commercial jets to expand delivery fleet

    The expanded fleet supports Amazon's growing customer base, with the aircraft joining Amazon Air's cargo network in 2021 and 2022, the company said in a statement on Wednesday.
  • Samsung Display to bolster OLED biz with new brand, logo

    The company said its OLED panels will be produced under the brand of "Samsung OLED" to better promote its products.
  • Brent crude nears $55/bbl post Saudi’s supply cut announcement

    The March contract of Brent on the Intercontinental Exchange (ICE) was at $54.70 a bbl, higher by 0.74 per cent from its previous close.
  • Microfinance sector’s loan portfolio shrinks in Q2, FY21

    "The live customer base shrunk by 7 per cent in Q2 as of Jun 2020 to nearly 5.7 crores. The active loan base also shrunk by nearly 1.5 per cent to 10.5 crore active loans," it said.
  • Indian businesses aim to tap consumers directly in 2021: Report

    The payment gateway and ecommerce platform has on-boarded more than 2 lakh small businesses from tier II and tier III cities during the lockdown period.
  • SBI raises $600mn via ‘Regulation S’ bonds

    "The bonds will be listed on SGX-ST and India INX. The issuance represented SBI's return to the international public bond markets after a gap of close to 2 years," the statement said.
  • Lava launches new Z-series customisable smartphones in India

    The Lava Z1 comes in Blue and Red colours, is priced at Rs 5,499 and will be available from Amazon.in, Lavamobiles.com and offline stores starting from January 26.
  • FRAI urges PM to recall proposed changes to tobacco laws

    FRAI members sustain their livelihood by selling goods of daily needs which are demanded by general public like biscuits, soft drinks, mineral water, cigarettes, bidi, pan etc.
  • Rupee rises 3 paise to 73.08 against US dollar in early trade

    On Wednesday, the rupee had settled at 73.11 against the American currency.
  • Sensex jumps over 250 pts in early trade; Nifty above 14,200

    Foreign portfolio investors (FPIs) were net sellers in the capital market as they offloaded shares worth Rs 483.64 crore on a net basis on Wednesday, according to provisional exchange data.
  • Realty stocks rise as Maharashtra halves premium on realty projects

    Around 12.25 pm, shares of Indiabulls Real Estate were trading on the BSE at Rs 84, higher by Rs 5.55 or 7.07 per cent from its previous close.
  • IL&FS Solar Power clears debt worth Rs 845 crore

    ISPL had undertaken construction and financing of a 100 MW AC solar power project in Bellary district, Karnataka, for Embassy Energy Private Limited (EEPL) that was commissioned in February 2018.
  • Hiring activity recovers in India by 14% in Dec 2020: Report

    The overall hiring at year-on-year level showed a decline of only 10 per cent in December, according to Naukri.com ‘JobSpeak' report.
  • LG acquires TV data analysis firm Alphonso for $80 million

    The South Korean tech firm said it spent $80 million to acquire a controlling stake of more than 50 percent in Alphonso.
  • Equity indices rise, Nifty hits fresh high

    Nifty touched a new record high of 14,256.25 points.
  • Amazon pledges $2 billion to address affordable housing crises

    "It will also help local families achieve long-term stability while building strong, inclusive communities," he said in a statement late on Wednesday.
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