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TCS becomes first Indian company to achieve USD 100 billion Market Capitalisation

20 mins ago
The increase in the TCS capital came after it reported a net profit of Rs 6925 crore, a 4.5 percent increase in its net profit in the fourth quarter (January-March).

Facebook to roll out new privacy choices

3 days ago
Social media giant Facebook has announced that it would be rolling out new privacy experiences in compliance with EU rules. The users will be asked to review and choose what to share from the political, religious, and relationship information on their profiles.

Government appoints panel to review CSR enforcement under Companies Act

Apr 12, 2018
Constitution of a 12-member panel to review the enforcement of CSR provisions under the Companies law as well as look at having a centralised scrutiny and prosecution mechanism to deal with violations.

Indian Consortium, Saudi Aramco sign MoU for Maharashtra refinery

Apr 11, 2018
An Indian consortium comprising IOCL, BPCL and HPCL has signed a Memorandum of Understanding (MoU) with Saudi Aramco, the world’s largest oil producer to jointly develop and build Ratnagiri Refinery in Maharashtra.

India replaces Vietnam to become world’s second largest mobile phone producer

Apr 2, 2018
India has replaced Vietnam to become the second-largest producer of mobile phones in the world, only after China. According to data shared by ICA, India accounted for 11 per cent of global mobile production in 2017 compared to 3 per cent in 2014.

Competition Commission of India fines Google Rs 136 crore for 'search bias'

Feb 9, 2018
The Competition Commission of India has imposed a fine worth Rs 136 crore on internet search giant Google for unfair business practices in the Indian market for online search. The ruling has come on complaints filed by Matrimony.com and Consumer Unity & Trust Society (CUTS) back in 2012.

Finance Minister launches National CSR Data Portal & Corporate Data Portal

Jan 20, 2018
The Union Minister for Finance and Corporate Affairs, Arun Jaitley has launched the National CSR Data Portal & Corporate Data Portal to enable greater transparency in corporate governance and promote accountability to the public at large.

Union Government launches Cyber Surakshit Bharat initiative

Jan 20, 2018
The Ministry of Electronics and Information Technology has launched Cyber Surakshit Bharat initiative in association with National e-Governance Division and industry partners to strengthen the cybersecurity ecosystem in India.

Five Indian tech companies feature in ‘Top 100 Global Tech Leaders List’

Jan 17, 2018
Thomson Reuters Corp has published its debut Top 100 Global Technology Leaders list, which was topped by Microsoft, followed by Intel Corp and Cisco Systems at the 2nd and 3rd position respectively. The list aims to identify the industry's top financially successful and organisationally sound organisations.

Reliance Jio plans to launch its own cryptocurrency 'JioCoin'

Jan 13, 2018
Reliance Jio also aspires to get into Internet of Things (IoT). IoT is a network of devices such as smartphones, wearable devices, home appliances and vehicles that are connected to the internet, which enables these objects to connect and exchange data.

Facebook asks new Indian users to enter names as per Aadhaar Card while signing up

Dec 28, 2017
Social Media giant Facebook started testing the use of Aadhaar by asking new Indian users to enter their names as per Aadhaar Card while signing up. The move is aimed at cutting the number of fake accounts on the social media platform.

Skill Development Ministry, Maruti Suzuki sign MoU to impart skill training to youth

Dec 19, 2017
The Skill Development Ministry has signed a Memorandum of Agreement (MoU) with Maruti Suzuki to impart training to youth and enhance their employment potential. The agreement will provide an opportunity to the youth to acquire skills related to automobile and manufacturing industry through specially designed training.

Disney to acquire 21st Century Fox assets for USD 52.4 Billion in stock

Dec 15, 2017
Prior to the acquisition, Fox will separate the Fox Broadcasting network and stations, Fox News Channel, Fox Business Network, FS1, FS2 and Big Ten Network into a newly listed company. Disney's Robert Iger will continue to serve as the Chairman and CEO of Disney through 2021.

Meredith Corporation to acquire Time Inc. for USD 2.8 billion

Nov 28, 2017
Meredith will pay USD 18.50 for per share of Time Inc. which totals at about USD 1.85 billion. However, Time Inc.'s debt will raise the total value of the deal to about USD 2.8 billion. Out of the total sum, billionaire brothers Charles and David Koch will contribute USD 650 million via their private-equity firm Koch Equity Development.

SBI launches integrated digital platform YONO

Nov 26, 2017
All the financial services product from SBI and its subsidiaries SBI Life, SBI General, SBI Mutual Fund, SBI Caps and SBI Cards will be integrated on the app. YONO will offer customised products and offers from over 60 e-commerce sites, besides a range of banking and financial services.

Facebook launches new tools for video creators

Nov 17, 2017
Facebook has announced new tools for video creators to join its platform in an attempt to take on Google-owned YouTube. The new tool will be called Facebook Creator App. It will help the community create original video, go live with exclusive features and connect with their community on the Facebook.

Paytm introduces BHIM UPI payments on its platform

Nov 8, 2017
BHIM UPI is a mobile payment mode that allows one to create a UPI address linked to a bank account and then send or receive money using it. Moreover, one can also make payments to online merchants and outlets who accept BHIM UPI as a payment mode for transactions.

Haryana government signs Rs 20,000 Cr worth MoU to set up trading hub

Nov 3, 2017
The state government Haryana on 2 November 2017 signed a memorandum of understanding (MoU) with an integrated trade facilitation services organisation - Verbind - to set up a logistics and trading hub in the state.

Anup Vikal resigns as CFO of Snapdeal

Oct 18, 2017
Anup Vikal on 17 October 2017 resigned as Snapdeal’s Chief Financial Officer (CFO) and General Counsel. Vikal is likely to join Essar Oil as its Chief Financial Officer. His resignation came two months after e-commerce dealer Sanpdeal cancelled its merger talks with online retailer Flipkart.

Leslie Thng appointed as CEO of Vistara

Oct 16, 2017
A joint venture between Tata group and Singapore Airlines, Vistara airlines began its commercial operations in January 2015. Currently, it has a fleet of 16 aircraft and has ambitious expansion plans, including flying to overseas destinations.

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