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Home  Business

Business

Ola to set up new tech centre in Pune, hire 1,000 engineers: Sources

Ola to set up new tech centre in Pune, hire 1,000 engineers: Sources

  • Microsoft fixes 2 critical bugs in Windows, Visual Studio

    The new security patches arrived after the tech giant issued ‘October 2020 Patch Tuesday' that fixes 87 vulnerabilities.
  • Oracle founder donated $250K to Republican Graham before TikTok deal

    According to a report in The Verge on Saturday, US Federal Election Commission documents show that Ellison made the $250,000 donation on September 14.
  • Gold imports down 57% to USD 6.8 bn in H1 FY21

    Silver imports during April-September 2020 too dipped 63.4 per cent to USD 733.57 million (about Rs 5,543 crore).
  • OnePlus co-founder Carl Pei confirms he has quit

    After nearly 7 years at OnePlus, I've made the difficult decision to say goodbye. I grew up spending tremendous amounts of time on the internet, building products and communities.
  • Suguna Foods rationalising operations to achieve pre-Covid revenues

    To create a differentiation, the company plans to focus on processed chicken and value-added vitamin D fortified eggs. Though processed chicken segment is miniscule at present, it will prove to be a segment with growth prospects in the coming years
  • Riding on 5G, Apple may see 15% iPhone growth next fiscal year

    "While we believe it will take carriers years to build a compelling 5G infrastructure, Apple is ready today with a lineup of phones that should enjoy a three-year upgrade cycle, compared to a typical one-year duration," wrote Gene Munster
  • Gems, jewellery exports may dip 20-25 pc: GJEPC

    “We expect the exports to witness a decline of 20 25 per cent in 2020-21, compared with last year. With demand improving gradually, we should be at our 2019-20 levels next year. Growth will come back only maybe by 2021-22,”
  • Tata Motors ties up with HDFC Bank for financing of passenger vehicles

    The schemes will be available till the end of November 2020 and can be redeemed on the entire new BS-VI range of cars and SUVs along with the company's EV range, Tata Motors said in a statement.
  • Zydus Cadila gets USFDA nod for generic drugs

    The company has received final approval from the US Food and Drug Administration (USFDA) for the medication in 300 mg strength, Zydus Cadila said in a statement
  • HDFC Bank Q2 net profit rises 16%

    On asset front, gross non-performing assets (NPAs) of the bank fell to 1.08 per cent of the gross advances as on September 30, 2020, as against 1.38 per cent a year earlier. In absolute value, gross NPAs or bad loans reduced
  • Apparel exports on path of V-shaped recovery: AEPC

    Apparel Export Promotion Council (AEPC) Chairman A Sakthivel said apparel exports rose for the first time this fiscal in September and the steep recovery from 90 per cent fall in April
  • Indicators point to economic recovery: Report

    It estimated that the economy is likely to contract by 13.5 per cent in the second quarter (July-September), and the contraction in FY21 (April 2020 to March 2021) is likely to be around 9.5 per cent unless the government
  • Franklin Templeton MF’s six shut schemes generate Rs 8,302 crores

    Franklin Templeton MF shut six debt mutual fund schemes on April 23, citing redemption pressures and lack of liquidity in the bond market. 
  • Govt hopeful BPCL strategic sale to sail through without further extensions

    BPCL disinvestment has received interest from several large global oil and gas companies and a few Indian entities as well.
  • Google Pixel 4a: Sublime camera, seamless app experience

    Google was not able to sell the Pixel 4 and 4 XL devices in India due to its eSoli Radar chip' on the front, which utilised the 60GHz frequency band banned for commercial use in India.
  • Dr Reddy’s, RDIF receive approval to conduct clinical trial for Sputnik V vaccine

    This will be a multi-centre and randomised controlled study, which will include safety and immunogenicity study, Dr Reddy’s said in a statement.
  • iPhone 11, SE 2020 gone in a jiffy during India festive sale

    iPhone SE 2020 was another Apple product that was sold faster on ecommerce platforms like Flipkart during the ‘Big Billion Day' sale.
  • US stocks end mixed after retail sales data

    The moves came after data showed US retail sales rose more than expected last month.
  • Hyderabad dominates in new residential launches

    New supply more than doubles in the third quarter when compared to the previous quarter
  • Audi launches SUV Q2, eyes first-time luxury car buyers

    Audi India on Friday launched its luxury entry-level SUV Q2 in India priced between Rs 34.99 lakh and Rs 48.89 lakh (ex-showroom) deliveries of which will start by the first week of November
  • Govt issues notices to e-commerce firms

    The notices have been issued by the Department of Consumer Affairs, Ministry of Consumer Affairs, Food and Public Distribution
  • Hyderabad: Luxury car business catches up to pre-Covid levels

    Our company has surpassed last year’s numbers and for August and September months, sales were more than what we had witnessed last year, said Jatin Ahuja, founder and managing director, Big Boy Toyz
  • Milagrow keen to set up robot unit in Hyderabad

    The company, which started in 2011, has been making floor, window and swimming pool cleaning robots
  • Forex reserves rise by $5.867 bn to lifetime high

    During the reporting week, the increase in forex kitty was on account of rise in foreign currency assets (FCA), a major component of the overall reserves
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