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TCS starts FY19 on a strong note; stock may open higher on July 11

BUSINESS

TCS starts FY19 on a strong note; stock may open higher on July 11

In the March quarter, TCS reported a net profit of Rs 6,904 crore, while revenues stood at Rs 32,075 crore.

Google co-founder Sergy Brin announces he mines cryptocurrency Ethereum

TECHNOLOGY

Google co-founder Sergy Brin announces he mines cryptocurrency Ethereum

Brin's admiration for cryptocurrencies comes even as Google, in March, announced a ban on cryptocurrency related advertising.

BJP’s Cyber Yoddhas vs Congress’ Rajeev ke Sipahi: Cyber war awaits in Madhya Pradesh

POLITICS

BJP’s Cyber Yoddhas vs Congress’ Rajeev ke Sipahi: Cyber war awaits in Madhya Pradesh

BJP is working on organising workshops to educate its ‘cyber warriors’ while Congress is preparing to discredit all of BJP’s achievements in the past 15 years.

Podcast | Pick of the day - GST rules may get easier a year after rollout

BUSINESS

Podcast | Pick of the day - GST rules may get easier a year after rollout

In a move that may have a retrospective fallout, the amendments propose to clarify that transitional credit cannot be claimed for cesses levied in a pre-GST era.

The Pirate Bay using visitors’ computers to mine Monero

TECHNOLOGY

The Pirate Bay using visitors’ computers to mine Monero

Cryptominers based on browsers use a code embedded in a web page to force a computer device to solve complex mathematical problems which in turn, help mine cryptocurrency.

Microsoft’s new Surface Go tablet features 10-inch screen, starts at $399

BUSINESS

Microsoft’s new Surface Go tablet features 10-inch screen, starts at $399

It is available for pre-order from July 10 and will start shipping in August.

Axis Bank names 3 candidates as potential successors to Shikha Sharma

BUSINESS

Axis Bank names 3 candidates as potential successors to Shikha Sharma

The three names have been recommended in order of preference for approval by the RBI, a release by bank said.

Chrome bug enables fake tech support messages asking for bank details

WORLD

Chrome bug enables fake tech support messages asking for bank details

The bug first was first flagged by MalwareBytes in February, after which it was fixed in a subsequent update; but it has resurfaced now

Dubai to get world's largest vertical farm, to feed flyers

WORLD

Dubai to get world's largest vertical farm, to feed flyers

The farm harvest of 6,000 pounds of greens per day will be used to by Emirates Flight Catering for in-flight meals.

TCS starts FY19 on a strong note; stock likely to open higher on Wednesday

BUSINESS

TCS starts FY19 on a strong note; stock likely to open higher on Wednesday

Operating margin for the quarter is 25 percent marginally lower than the 25.4 percent it posted in the previous quarter.

Over a million computers hacked to mine USD 2m worth of cryptocurrency

WORLD

Over a million computers hacked to mine USD 2m worth of cryptocurrency

Hackers mined over $2 million worth of cryptocurrencies over a span of two years. An internet plug-in was created by the hackers which resulted in mining from over a million infected computers in China.

US lawmakers ask Apple, Google to reveal details of data collection practices

TECHNOLOGY

US lawmakers ask Apple, Google to reveal details of data collection practices

According to reports, Google and Apple have been asked to elaborate about ‘how they handle user data’.

Ease of doing business ranking for states: Andhra tops again - see how other states fared

BUSINESS

Ease of doing business ranking for states: Andhra tops again - see how other states fared

Department of Industrial Policy and Promotion functioning under the ministry of commerce and industry released ease of doing business ranking 2018. Andhra Pradesh and Telangana eclipsed others to sit at the top

Scientists discover world’s oldest colour — bright pink

WORLD

Scientists discover world’s oldest colour — bright pink

The scientists discovered the molecules which were bright pink in colour after crushing and analysing the billion-year-old rocks.

Ease of doing business state rankings: Andhra, Telangana, Haryana ranked as top three states to do business in India

BUSINESS

Ease of doing business state rankings: Andhra, Telangana, Haryana ranked as top three states to do business in India

The rankings, jointly prepared by the World Bank and DIPP, serve as a check-list of sorts for evaluating states on a 340-point Business Reform Action Plan, between the period of July, 2016 and July, 2018.

EU may force Google to not make Search and Chrome default apps on Android

TECHNOLOGY

EU may force Google to not make Search and Chrome default apps on Android

Google could now face a record penalty from the EU regulators for forcing its search and browsing tools on Android-equipped smartphone makers, according to reports.

TCS Q1 earnings beat estimates; 10 key takeaways from June quarter

BUSINESS

TCS Q1 earnings beat estimates; 10 key takeaways from June quarter

The stock closed down 0.56 percent at Rs 1,877 ahead of its earnings announced later in the day today, but during the quarter ended June, it had surged nearly 30 percent to Rs 1,847.20.

Walmart may be looking to acquire Indian tech startups after Flipkart

BUSINESS

Walmart may be looking to acquire Indian tech startups after Flipkart

Walmart is looking for Indian tech startups to work with for its technology unit, Walmart Labs, although unlike the Flipkart merger, these deals will be smaller in size.

US woman charged for trying to sell drugs before her court hearing

WORLD

US woman charged for trying to sell drugs before her court hearing

While waiting for the judge to appear, Fields used the opportunity to allegedly ask at least three people if they wanted to buy methamphetamine from her.

New residential launches up nearly 50% in second quarter of 2018

REAL-ESTATE

New residential launches up nearly 50% in second quarter of 2018

NCR, MMR, Chennai, Bengaluru, Pune, Kolkata and Hyderabad witness new unit launches of around 50,100 units

Govt employees testing positive in dope tests to be treated, not sacked: CM Amarinder Singh

INDIA

Govt employees testing positive in dope tests to be treated, not sacked: CM Amarinder Singh

The chief minister also said that their identities will not be revealed.

Podcast | An evening walk down Dalal Street: Good News! Sensex just 200 points away from record highs

BUSINESS

Podcast | An evening walk down Dalal Street: Good News! Sensex just 200 points away from record highs

The S&P BSE Sensex closed 304 points higher at 36,239.62 while the Nifty50 rose 94 points up at 10,947 on Tuesday.

Starbucks to phase out single-use plastic straws in all stores by 2020

WORLD

Starbucks to phase out single-use plastic straws in all stores by 2020

The company plans to offer cups which have lids shaped like a sipper and will offer non-plastic straws to those who need them.

France deploys armed undercover agents on trains to prevent terrorist attacks

WORLD

France deploys armed undercover agents on trains to prevent terrorist attacks

The counterterrorism operation, codenamed ‘Train Marshal’ is being launched this week with discrete members of an elite police tactical unit travelling on French trains to prevent terror attacks.

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