WORLD
Indian-origin techie develops app that enables home speakers to read sign language
The app uses a camera to read sign language. Once it registers the instruction by the user, it transmits a voice command to a home speaker through a laptop. When Echo responds, the app registers it and consequently types it out for the user.
TECHNOLOGY
Suzuki Motorcycle India launches Burgman Street 125 maxi-scooter for Rs 68,000
The new Suzuki is based on the Access 125, using the same engine, but weighing about 8 kg more. To account for that, Suzuki has tuned the engine slightly differently to produce 8.7 PS of power and 10.2 Nm of peak torque.
BUSINESS
WNS Q1 profit rises 34% to $22 million helped by automation
Net revenue in the June-ended quarter was USD 196.0 million, up by 11.8 percent since the previous year, while profit grew 34.1 percent to USD $22.4 million.
BUSINESS
So what if the US has FAANG stocks? India has HRITHIK companies
India’s answer to Facebook, Apple, Amazon, Netflix and Google is its own set of top performers.
BUSINESS
Apple executives quit amid reshuffle in Siri team
Tom Gruber was one of the co-founders of the voice assistant, while Prakash was the former CEO of search engine Topsy who joined Apple in 2013 after Topsy was taken over by the company.
BUSINESS
Jubilant Food Q1 PAT seen up 98.6% YoY to Rs. 60 cr: HDFC
Net Sales are expected to increase by 20 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 810 crore, according to HDFC.
BUSINESS
Wipro Q1: Client insolvency issues, future roadmap to be on Street's radar
Wipro, which is struggling with client-specific issues, posted IT services revenue of Rs 13,412 crore in the quarter ended March and Rs 1,800 crore in consolidated net profit.
BUSINESS
Yes Bank may have flouted securities law in tiff with UBS: Report
A May 21 UBS research report on eight Indian banks for its clients claimed that Yes Bank had the highest credit exposure to the troubled power sector.
BUSINESS
Emami Q1 PAT seen up 97.2% YoY to Rs. 70 cr: HDFC
Net Sales are expected to increase by 17.2 percent Y-o-Y (up 0.4 percent Q-o-Q) to Rs. 620 crore, according to HDFC.
BUSINESS
Colgate Q1 PAT seen up 18.4% YoY to Rs. 160 cr: HDFC
Net Sales are expected to increase by 10 percent Y-o-Y (down 1.5 percent Q-o-Q) to Rs. 1,080 crore, according to HDFC.
BUSINESS
Bajaj Finserv Q1 net profit up 41% YoY at Rs 826 crore
The total income grew by 16 percent to Rs 8,771 crore in Q1
WORLD
Billionaire Marc Lasry says bitcoin's price may reach upto $40,000
He has extremely high hopes from blockchain and cryptocurrencies, especially bitcoin.
BUSINESS
Marico Q1 PAT seen up 5.8% YoY to Rs. 250 cr: HDFC
Net Sales are expected to increase by 16.7 percent Y-o-Y (up 32.6 percent Q-o-Q) to Rs. 1,960 crore, according to HDFC.
BUSINESS
Britannia Q1 PAT seen up 23.8% YoY to Rs. 270 cr: HDFC
Net Sales are expected to increase by 13.5 percent Y-o-Y to Rs. 2,540 crore, according to HDFC.
WORLD
US Fed Chairman says cryptocurrencies are not real currency as they hold no intrinsic value
Jerome criticised the extreme volatility of the crypto market and said that it presents severe risks to the investors.
BUSINESS
Dabur Q1 PAT seen up 23.1% YoY to Rs. 330 cr: HDFC
Net Sales are expected to increase by 13.5 percent Y-o-Y (down 0.1 percent Q-o-Q) to Rs. 2,030 crore, according to HDFC.
ENTERTAINMENT
After Maharashtra, Telangana asks multiplexes in Hyderabad to sell food items at MRP
During a meeting on Tuesday, the controller of State Legal Metrology department Akun Sabharwal directed multiplex theatres to this effect.
BUSINESS
GCPL Q1 PAT seen up 30.4% YoY to Rs. 300 cr: HDFC
Net Sales are expected to increase by 12.5 percent Y-o-Y (down 2 percent Q-o-Q) to Rs. 2,440 crore, according to HDFC.
BUSINESS
ITC Q1 PAT seen up 11.3% YoY to Rs. 2,850 cr: HDFC
Net Sales are expected to increase by 8.2 percent Y-o-Y (down 0.4 percent Q-o-Q) to Rs. 10,770 crore, according to HDFC.
POLITICS
Nine letters in 45 days: Siddaramaiah bombards successor with complaints, requests
In a span of 45 days, Siddaramaiah has written as many as nine letters to the Kumaraswamy mainly on issues pertaining to his new constituency, Badami.
BUSINESS
Markets@Moneycontrol: Indices end flat after dull day of trade
Sectoral indices have closed mix, with cuts seen in pharmaceuticals, infrastructure, and information technology names.
BUSINESS
Indian developers may hoard Chinese solar cells, modules before imposition of safeguard tariff
The move to impose this safeguard tariff will raise costs for solar project developers by at least 12 percent
WORLD
We're at war with China, says Donald Trump's former adviser Steve Bannon
Bannon is in the midst of producing political ads in cities, citing the accomplishments of the Trump administration.
WORLD
News in Pics: Your daily dose of pictures from around the world
Moneycontrol brings to you select pictures that are making headlines across the globe
