Top losers in the BSE pack include Tata Steel, Tech Mahindra, Bajaj Finance, Infosys, Mahindra & Mahindra and ONGC with their stocks falling as much as 5.31 per cent. On NSE, all sub-indices were trading in red with Nifty Metal and Realty sliding as much as 4.07 per cent.
The Pentagon has put off awarding a 10 billion cloud computing contract sought by Amazon, saying Thursday that the process will be reviewed by the newly-appointed defense secretary.
GoDaddy on Saturday appointed Aman Bhutani as the company’s new global CEO since the internet names and registrations management major’s current chief Scott Wagner decided to step down citing health concerns.
Bengaluru, Global enterprise software leader VMware on Friday announced to appoint Pradeep Nair as vice president and managing director for its India operations.
Breaking silence over his India plans, Tesla CEO Elon Musk has blamed high import duties on electric cars for blocking the entry of Tesla vehicles in the country. India has taken a slew of measures to promote the use of electric cars in the country. It recently slashed Goods and Services Tax (GST) on electric vehicles to five percent from the earlier 12 percent, but it levies high duty on imported vehicles to protect domestic automakers. “I’m told import duties are extremely high (up to 100 percent), even for electric cars. This would make our cars unaffordable,” Musk said late on Thursday while responding to a tweet from an Indian follower.
Swedish music streaming app Spotify now has 232 million monthly active users (MAUs)globally, a 29 percent increase year-on-year (YoY), along with 108 million premium subscribers which are also 31 percent (YoY) growth.
Apple today is nearly a $1 trillion-dollar company and despite the global slowdown, has been able to not only maintain its growth trajectory but also diversified into services, entertainment and other verticals that are bringing in more moolah than its devices segment. Considered a “colourless, unimaginable drone”, Timothy Donald Cook who joined Apple at age 37 in 1998 has successfully proved he is a better CEO than late Steve Jobs.
MSDE, Google Cloud, and CCSU launch AI-enabled university pilot in India
IIT Madras hosts international conference on water, food, and waste systems
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Google launches new AI initiatives to transform learning in India
UIDAI rolls out new Aadhaar app for privacy-first age verification
Eruditus partners with seven global universities to set up India campuses
UIDAI rolls out new Aadhaar app for privacy-first age verification
SC puts 2026 UGC equity rules on hold, flags ‘vague’ caste bias definition
‘Oh s***’: Crew’s final words before Ajit Pawar’s jet went down in Baramati
Rupee sinks to record low near ₹92 per dollar despite strong growth signals
Two mid-day meal cooks die as wage hike protest escalates in Chhattisgarh
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