The department found that Microsoft India's Gurgoan unit carried out marketing activities for its India operations and not for the Singapore unit as it had claimed in its reply to a show cause notice served by the department earlier. Microsoft officials, however, said they have not received any official communication from the tax department in this regard.
The US market has been a standout performer this year, with the benchmark Standard and Poor's 500 (or simply the S&P 500) gaining over 16 per cent during the first half of calendar year 2023 (CY23) in what was its best first-half show since 2019. By comparison, India's National Stock Exchange Nifty 500 has gained 6.4 per cent. On the surface, it appears that the US markets have done exceedingly well. However, a deeper analysis reveals the gains in the domestic market to be more well-spread.
Internet's second most popular search engine Yahoo! has said it was open to selling itself to Microsoft, but the software giant's chief executive Steven A Ballmer and his deal makers were not keen to negotiate and ultimately withdrew their proposal. Microsoft had offered to buy Yahoo, second only to Google, for $31 a share, or $44.6 billion, in February, but the search engine felt it was worth more.
Microsoft India employees have developed a technology that would help the hearing and speech impaired to communicate with others.
Three students of a Mumbai institute won the award for a software solution for the healthcare industry to empower doctors and surgeons to diagnose and treat patients more efficiently.
The potted history of the browser wars indicates how much the online space has altered in the last 25 years. Chrome's dominance, says Devangshu Datta, is unlikely to last forever.
India's first $1 trillion company by market capitalisation (mcap) is achievable by 2032 and HDFC Bank and Reliance Industries (RIL) are seen as lead contenders, ICICI Securities said in a note on Monday. To achieve this, the shares of both the firms will have to appreciate at least 20 per cent annually for the next decade. ICICI Securities believes this is possible if India's gross domestic product (GDP) growth accelerates to 9 per cent per annum and corporate profitability cycle peaks. "Our calculations suggest that India's first $1 trillion mcap stock could emerge by 2032.
Justice Suresh Kait set aside the trial court order for initiating criminal proceedings against the website.
NIIT on Wednesday joined hands with Microsoft to launch an IT skills enrichment programme for faculty as well as students of engineering colleges and IT educational institutions.
Microsoft Corp, which plans to invest $400 million in India, is considering sharing the closely guarded source code of its Windows platform with its Indian clients, a company official said on Monday.
Computer giant Microsoft has signed a $170-million, five-year contract with India's HCL for outsourcing work for its online business productivity suite.
If Hewlett-Packard, the world's biggest PC maker, were to install Google's operating system on netbooks, Microsoft Windows could face strong competition
Technology companies continue to be the most valued brands globally, with the top five most valued companies from the technology sector, according to Brand Finance 2024. Samsung has entered the top five most valued brands globally. Apple secured the first position after falling to the second spot in 2023.
IT Minister Dayanidhi Maran on Monday took a dig at software major Microsoft saying the poor computer adoption in India was due to the 'high priced' software, while the MNC claimed that it has already reduced the price of one of its entry level opera
Can the launch of smartphones under its own brand name by Finnish company HMD Global - despite having a licence to use the Nokia brand which it bought from Microsoft - help it regain its once dominant position in the mobile phone sweepstakes in India, where it was once routed? In 2009, Nokia was the country's largest MNC with revenues of $4 billion and a market share touching 80 per cent in 2010. After this, its fortunes fell. Although it had been the first global player to set up an assembly plant, not only to assemble phones for the local market but for exports, it had to shut down operations in 2014.
One year has passed since his startling declaration, but there are no apparent signs that Gates is ready to step away, said The New York Times.
In the US, Zoho gets close to 80 per cent of its revenue from small companies, while the remaining comes from large ones.
The external affairs minister said the SAARC is in trouble as one of its members has been supporting terrorism.
An intenet phone; it comes with 2.8-inch display and 2MP camera.
Microsoft is developing a tablet personal computer Courier, a move that could put the software major in competition with the planned tablet from Apple.
Software giant Microsoft has topped a list of the world's best multinational companies to work for, where all the top-ten positions have been bagged by American firms.
The Delhi High Court on Monday refused to provide relief to Microsoft India on a duty demand of Rs 260 crore (Rs 2.6 billion) by the government for alleged violation of service tax norms.
YouTuber Prajakta Koli announced her engagement to boyfriend Vrishank Khanal.
The service tax department had issued notice to Microsoft India in September 2008 demanding Rs 400 crore (Rs 4 billion), which consisted of a duty demand of Rs 255 crore and interest on the amount for three years, over an alleged tax evasion for services provided by the company to its sister concern in Singapore.
Hopes to win over tablet users and placate PC customers alienated by the new operating system.
Regulators must learn from past mistakes and act swiftly to prevent Big Tech from monopolising the AI ecosystem, argue Payal Malik and Nikita Jain.
US tech giant Microsoft is working on next generation technology that will enable 'no-touch' phones, tablets and television sets that can be operated from afar, without the need to swipe them.
