Auto-debit payment bounces have gone up for the second consecutive month in May, emphasising the stress building up due to a halt in economic activities as authorities lock down various parts of the country to stop the spread of the virus in the second wave. According to the National Automated Clearing House (NACH) data, in May, of the 85.7 million transactions initiated, 35.91 per cent, or 30.8 million transactions, failed.
It currently has invested in 35 locations, some of which border on a luxury level format and are large at 2,500 square feet.
It has 18.9 per cent share of the market, down from 22.6 per cent for the third quarter of 2018 while Xiaomi has 27.1 per cent share.
Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.
Whenever you think of Microsoft, the only name that crosses one's mind is Bill Gates. But the tech behemoth was co-founded in 1975 by Gates and Paul Allen.
Canada and Mexico emerge as preferred destinations to service clients in the US; east Europe and Nordic nations are favoured alternatives
India's top IT companies have shown a hiatus between their performance on the bourses in the pandemic period and earnings growth. The combined market cap of the top five IT companies - Tata Consultancy Services, Infosys, Wipro, HCL Technologies, and Tech Mahindra - is up 87 per cent since the end of March 2020. In comparison, the benchmark BSE Sensex is up 68 per cent during the period. So the industry beat the broader market by a big margin in the last one year.
Indian companies seem to be trailing behind. They will have to catch up by reskilling the workforce and ramping up investments.
Founded in 1964, and based in the Boston suburb of Framingham, Bose Corporation is known for making radios and noise-cancelling headphones.
US-based retailer Walmart is setting up a research centre in India to develop technologies and solutions for its global e-commerce business.
A user just needs to download any app floated by such fraudsters and apply for instant loans. These apps are mainly concentrated on Google Play considering the reach and popularity of Android systems.
The 250,000 citizens of Songdo, a business district which borders the Yellow Sea in Incheon, a free economic zone in South Korea, are seeing hectic activity. Every nook and corner is being wired. The idea is to have everything connected -- buildings, cars and even energy grids.
Mozilla showcased a smartphone prototype costing as little as $25 at the Mobile World Congress in Barcelona in February, targeting developing countries including India and China.
Nokia is one of the leading telecom equipment manufacturing companies in India
There is some hope for these companies, with Finance Minister Arun Jaitley saying there was a need for legislative backing for private companies that were using Aadhaar. Adding that a careful reading of the judgment is required, Jaitley said this could be "temporary".
Bharti Global is planning to put up more satellites and has set a stiff deadline to launch commercial Internet services by October in the UK, Alaska, northern Russia and northern Europe.
Software employees can opt for company-run programmes, online courses, boot camps to upgrade skills.
The company hires postgraduate and PhD students from A+ grade institutes to be part of its research team.
In Hyderabad, it plans to hire in the areas of finance accounting, transaction processing and technology, among others
The polar satellite launch vehicle-C42 launch vehicle carrying the two satellites blasted off from the first launchpad at the Satish Dhawan Space Centre at 10.08 pm.
'It is important that students not focus on the remuneration that the job fetches in the first year, but look at the next 5 year journey with that job role.'
Co-founders of India's latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales. Cars24 now enjoys more than 90 per cent market share among all other similar online transaction platforms. Dhruv Munjal traces the birth of this used-cars platform.
Two Americans, Diana Jue and Jackie Stenson, are living their dreams in India's rural heartlands...
The Indian Institute of Technology, Kharagpur will sign an agreement with the prestigious Technion Israel Institute of Technology this week on exchange and collaboration in research projects
Cybersecurity is a great opportunity for you to start your career.
'One out of three phones sold in India is a Xiaomi phone.'
Is it a boon or a curse?
The RBI has shelved its plan for polymer notes more than a decade after it invited interest from global manufacturers for one billion pieces of Rs 10 denomination polymer banknotes, reveals Tamal Bandyopadhyay.
80% of incremental enterprise investment to be in digital technologies by 2020.
The Institute of Management Technology, Ghaziabad opens admissions to its PhD course for 2008.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Alibaba's pervasive economic and social influence in China is seen as a threat to the authority of the Chinese Communist party, notes Shyam Saran.
The group issued a profit warning last year as it was hit by the slump in oil prices.
Modi govt to enhance its 2015 spend on technology, says Gartner.
'If the government doesn't subsidise, it would be a huge setback in the fight against COVID-19'
The IT services company is building underlying tech for connected cars
Based on advanced speech processing techniques, the technology was initially developed for a leading call centre in India to help improve the capabilities of their agents, an IBM statement said.
Amid the protests against leading e-commerce firms, Flipkart and Amazon, shipments through the online route in fact witnessed a double-digit growth every quarter.