IT news

European Commission hits Google with $1.7 bn antitrust fine

European Commission hits Google with $1.7 bn antitrust fine

20 Mar 2019

The latest fine on Google, for allegedly forcing customers of its AdSense business to sign contracts barring rival search engines, takes total EU fine on Google over the last three years to $9.3 billion

Mindtree board rejects L&T’s Rs10,733-cr hostile bid

Mindtree board rejects L&T’s Rs10,733-cr hostile bid

19 Mar 2019

The board of Mindtree said they saw no strategic advantage in the transaction and believed that it would be “value destructive for all shareholders,” but said it would deliberate over the L&T proposal tomorrow

Co-founder Bagchi returns to save Mindtree from L&T’s takeover bid

Co-founder Bagchi returns to save Mindtree from L&T’s takeover bid

18 Mar 2019

Larsen & Toubro is reported to be now offering as much as Rs7,000 crore for a 20.4 per cent stake in Mindtree, currently held by its largest shareholder V G Siddharth, against its earlier offer of about Rs3,000 crore

Premji pledges another 34% of his Wipro shares to philanthropy

Premji pledges another 34% of his Wipro shares to philanthropy

14 Mar 2019

Wipro chairman Azim Premji, who is also chairman of the Azim Premji Foundation, has now 67 per cent of his beneficial ownership in Wipro Ltd pledged irrevocably to charity

India to insist on local presence for foreign online retailers

India to insist on local presence for foreign online retailers

25 Feb 2019

Policy loopholes have helped e-com entities from China to grab a major share of the smartphone and fashion businesses in India, with Tier-II and Tier-III cities accounting for 30 per cent of their fashion sales

India to insist on local presence for foreign online retailers

India to insist on local presence for foreign online retailers

25 Feb 2019

Policy loopholes have helped e-com entities from China to grab a major share of the smartphone and fashion businesses in India, with Tier-II and Tier-III cities accounting for 30 per cent of their fashion sales

Tech Mahindra to buy back 20.5 million shares for Rs1,956 cr

22 Feb 2019

Future is digital, says Nasscom

Future is digital, says Nasscom

21 Feb 2019

Exports from the IT-BPO sector crossed $137 billion, marginally above the Nasscom guidance of 7-9 per cent, while sector revenues crossed $180 billion on the back of a 30 per cent jump in digital revenues to $33 billion in 2018-19

Angel Tax leaves start-up TravelKhana with zero bank balance: report

11 Feb 2019

Angel Tax leaves start-up TravelKhana with zero bank balance: report

11 Feb 2019

Twitter CEO, officials refuses to appear before Parliament panel: report

11 Feb 2019

Bosch launches Rs20-cr artificial intelligence centre at IIT Madras

06 Feb 2019

Millions of SBI account details leaked: report

31 Jan 2019

EC to lodge FIR on self-proclaimed EVM hacker

22 Jan 2019

Wipro Q3 net up 32% at Rs2,544 cr; announces bonus issue

18 Jan 2019

Flipkart founder Sachin Bansal invests Rs150 cr in Ola

15 Jan 2019

Infosys offers Rs10,000-cr buyback and dividend after profit fall

Infosys offers Rs10,000-cr buyback and dividend after profit fall

11 Jan 2019

Infosys reported a 29.62 per cent drop in consolidated net profit to Rs3,610 crore for the December quarter against a Rs5,129-crore net profit in the corresponding quarter last year

TCS Q3 net vaults 24.1% to Rs8,105 crore

TCS Q3 net vaults 24.1% to Rs8,105 crore

10 Jan 2019

TCS said its income from operations during the quarter grew 20.8 per cent to Rs37,338 crore while revenue from the BFSI segment surged 23 per cent

US satellite service start-up offers minority stake to Russia: report

02 Jan 2019

Paytm Payments Bank resumes customer acquisition after RBI nod

02 Jan 2019

Govt says MHA order on computer surveillance is only a restatement

21 Dec 2018

lndia Post ventures into e-commerce, net banking

17 Dec 2018

US House grills Sundar Pichai on `idiot’-Trump link in Google search

US House grills Sundar Pichai on `idiot’-Trump link in Google search

13 Dec 2018

The questioning by the House Judiciary Committee came after Trump’s multiple tweets accusing Google’s search engine of promoting negative news articles about him, implying political bias as well

HCL to acquire seven IBM software products for $1.8 billion

HCL to acquire seven IBM software products for $1.8 billion

07 Dec 2018

HCL Tech said the deal that includes seven software products represents a total addressable market of more than $50 billion

WhatsApp seeks RBI nod to expand payment service to all users

04 Dec 2018

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