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.
YouTuber Prajakta Koli announced her engagement to boyfriend Vrishank Khanal.
The writing has been on the wall for some time. Exodus of senior leadership and growth behind its peers are reasons that have prompted Thierry Delaporte, the chief executive officer (CEO) of Wipro to resign, analysts said. Delaporte, Wipro's seventh CEO, also resigned without completing his five-year term, like his predecessor Abidali Neemuchwala decided to end his tenure prematurely in 2020. Phil Fersht, HFS Research CEO and chief analyst believes the change in leadership was at least six months overdue.
Satya Nadella was drenched with a bucket of ice water on his head as part of a challenge he took to raise awareness about a neurodegenerative disease and in turn challenged Amazon CEO Jeff Bezos and Google co-founder Larry Page to do the same.
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.
Microsoft India development centre is betting big on its Hyderabad operations. In 2005-06, it is planning to file applications for 70 patents for various projects that are underway at its centre. MIDC filed for 40 patents in 2004-05.
BSNL would shortly sign memoranda of understanding with Korea Telecom and Microsoft for rolling out broadband services under the National Internet Backbone phase two project in the country, its chairman and managing director V P Sinha said.
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.
China has about 200 million XP users, 70 per cent of the entire PC market.
The external affairs minister said the SAARC is in trouble as one of its members has been supporting terrorism.
With IT giant Microsoft bidding $44.6 billion to acquire internet major Yahoo! to take on growing competition from Google in the fast-growing online advertisement market, the domestic players in this arena today said they are ready for the new challenge.
To address more than a $1-billion opportunity, IT hardware vendor HCL Infosystems has tied up with Microsoft for bundling their products and offer complete integrated solutions for small and medium businesses.
Indian Ambassador to United States S Jaishankar listened to the concerns raised by Indian Americans during his first visit West Coast. He also visited leading corporations like Boeing, Microsoft, Amazon, and Starbucks during his trip. Ritu Jha reports.
In what could be a big strategy to boost its product sales in the country by tapping the largest buyer, software major Microsoft said on Thursday that it is in discussions with the Indian government to share its source code.
Microsoft chairman and CEO Satya Nadella on Tuesday said there is a tremendous momentum in cloud adoption, as he termed cloud a "big game changer". Nadella, who is currently in India, addressed Microsoft Future Ready Leadership Summit in Mumbai on Tuesday. He is also scheduled to visit Delhi and Bengaluru this week, and will be meeting key customers, startups, developers, educators and students during his India visit.
Videsh Sanchar Nigam Ltd has entered into a collaboration with software giant Microsoft to launch ReadyAccess Business Messaging and Collaboration services for small and medium enterprise segment.
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HC restrains Nokia from selling, transferring ownership rights in India.
Microsoft, Sony and Nintendo bring new consoles and games, the PC and console market in India, estimated to be $20 million.
Pricing almost the same as Vista; cheaper for some editions.
Regulators must learn from past mistakes and act swiftly to prevent Big Tech from monopolising the AI ecosystem, argue Payal Malik and Nikita Jain.
A group of Los Angeles investors also bid $1.2 billion for the team.
rediffGURU Krishna Kumar, founder and CEO of GoMoTech, offers expert advice on how to scale up in your career and life.
Franchise is the future but Australia rule the here and now
Just last week, Altman presented OpenAI's new roadmap to enthusiastic developers at the company's inaugural conference.
The latest from the IT giant firm will offer next-generation automated tools such as mobile billing and smart supply chain management.
After startups and Big Tech, the layoff season may have begun at the $245 billion Indian information-technology (IT) industry. Bengaluru-based IT major Wipro is looking to cut hundreds of jobs, targeting mid-level employees working onsite as the company looks to improve margins, according to a media report, citing two sources. The company has said it is aligning its business and talent to the changing market environment.
Flipkart eyes another $500 mn from eBay, which seeks to merge India ops with it and exit business
Dubbed WorkMail, it will launch in Q2
While Modi was given this t-shirt by Biden, Microsoft CEO Satya Nadella, Chairman of Mahindra Group, Anand Mahindra, Apple CEO Tim Cook and External Affairs Minister S Jaishankar could be seen at the event, amongst many others.
India's exports declined by 2.83 per cent to $33.90 billion in November this year compared to $34.89 billion a year ago, government data released on Friday showed. Imports also declined to $54.48 billion in the month under consideration, as against $56.95 billion recorded in November 2022.
This year will be the one when GenAI becomes a part of the daily lives of people around the world.
In the latest deal in the rapidly-expanding online music business, MusicNet said on Thursday it will offer more than 350,000 songs to subscribers in Microsoft Corp's Windows Media format.
The top 25 global technology (tech) firms, including Apple, Microsoft, Amazon, Tencent, Samsung, Oracle, and Accenture, collectively lost over $600 billion in market capitalisation (m-cap) during the July-September quarter (third quarter, or Q3) of calendar year 2023 (CY23), reveals a recent report by GlobalData, a London-based analytics and consulting company.
The government plans to implement the single rate GST, which would subsume central excise, service tax and other local levies, from April 1, 2016
As per Mashable, Zain, who had been born with cerebral palsy, died on Monday at the age of 26.
