Press Release

The Podcast Weekender - The Forbes India Rich List, the enigma of Elon Musk, crowdsourcing disaster relief, and much more

Here's a playlist of the best podcasts covering various events over the week.

Podcast | Editor’s pick of the day - Forbes India Rich List: How much money is too much money?

What can a billion dollars get you? In this podcast, we will entertain a slightly different question – what did these billionaires do to get to be billionaires?

Facebook India appoints Hotstar CEO Ajit Mohan as its new MD

Prior to Hotstar, Mohan also served as executive VP and Senior Vice President, Corporate, at Star TV Network.

TCS iON partners with The Training Room to provide skilling platform in UK

The Training Room will make use of the TCS iON Digital Learning Hub to provide a platform for students

Capgemini rejigs top level management

Aruna Jayanthi, Anis Chenchah and Zhiwei Jiang have taken on new roles within the IT services company.

Govt permits flying commercial drones day-time from December 1, caps flying altitude at 400 feet

DGCA has put drones into 5 categories based on their weight, namely nano, micro, small, medium and large

Choice Broking launches Jiffy platform to facilitate online stock market trading

The brokerage aims to be among the top 10 brokerage houses in 3 years.

New mineral policy to set out liberal royalty structure, says joint secretary

The new policy is expected to be out in two months, said Bipul Pathak, Joint Secretary in the Ministry of Mines.

Infosys to set up software development centre in Kolkata

The first phase of the project will be completed within 15 months from the date of obtaining all statutory clearances

Cognizant reports fall in Q2 net profit, maintains full year revenue outlook

The fall in bottom line was largely because of the depreciation of the Indian rupee during the quarter and the initial funding of the Cognizant US Foundation

Tech Mahindra PAT falls to Rs 898 cr, CFO confident of 40% growth in digital revenue near term

The IT services giant reported 2.8 percent quarter-on-quarter growth in revenue at Rs 8,276 crore in rupee terms compared to Rs 8,054.5 crore in the previous quarter.

LTI Q1 revenue up 7.7% sequentially, profit goes up nearly 25%

LTI reported revenue of Rs 2155.7 crore, and net income of Rs 361.2 crore, a growth of 24.8 percent percent from the previous quarter.

LTTS Q1 revenue rises 9%, profit up 24 percent

Revenue in Q1 rose 9 percent to Rs 1152.2 crore. Net profit in the June-ended quarter was Rs Rs 197.50 crore, a sequential growth of 24 percent, and more than doubling on an annual basis.

Wipro posts 16.3% QoQ rise in June quarter net profit to Rs 2,093.8 crore

IT services revenue in dollar terms was $2.02 billion, down 1.7 percent quarter on quarter. Constant currency revenue grew 0.1 percent sequentially

Wipro announces partnership with cloud-based HR firm Alight Solutions

Bengaluru-based Wipro did not disclose the deal size.

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.

Tata Motors to supply electric vehicles for Cognizant's Hyderabad campus

A batch of ten vehicles was handed over by Tata Motors to Cognizant at an event held at the US-based firm's Hyderabad campus on July 18.

Walmart, Microsoft sign global five-year cloud services agreement

As part of the partnership, the two companies would look at cloud projects that leverage machine learning, artificial intelligence, and data platform solutions for a wide variety of applications

Dubai-based airline Emirates to discontinue ‘Hindu meal’ option

Hindu passengers will still be able to choose from a wide variety of vegetarian and non-vegetarian options

Centre announces new PPP policy to promote private investments in affordable housing

Central assistance of up to Rs 2.50 lakh per house now available for building houses on private lands.

Income Tax department asks tax practitioners to register entities separately

The Central Board of Excise and Customs (CBEC) asked all tax practitioners not to open more than one enrollment or registration case at one time.

RIL, GE form global partnership for $25 bn industrial IoT biz

Reliance Industries Limited and GE today announced the signing of a global partnership agreement in the Industrial IOT space whereby RIL and GE will work together to build out joint applications on GE‘s Predix platform.

Nuberg bags $20 million Calcium Chloride plant from TCI

Sanmar in Egypt.

Myntra Introduces 'Try and Buy' New Feature

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