New York, Aug 2 (IANS) Set to become America’s first $1-trillion company, Apple’s shares surged 5.9 per cent in the wake of a strong 2018 fiscal third quarter earnings report, pushing the tech giant’s market…
New Delhi, Aug 2 (IANS) Data storage and management company NetApp on Thursday introduced a new Artificial Intelligence (AI) architecture that is powered by US-based chip designer Nvidia’s solutions. The NetApp “ONTAP AI” proven architecture,…
Bengaluru, Aug 2 (IANS) Indian online food ordering and delivery platform Swiggy on Thursday confirmed it has acquired Mumbai-based on-demand delivery platform Scootsy in an all-cash deal which is likely to be to the tune…
San Francisco, Aug 2 (IANS) Buoyed by the increased production of Model 3 cars, electric car maker Tesla has reported a revenue of $4 billion in the second quarter of 2018, with $2.2 billion in…
San Francisco, Aug 2 (IANS) Facebook’s Chief Security Officer Alex Stamos, who was a key figure in the fight against the spread of fake news and misinformation, on Thursday officially announced to quit and join…
New Delhi, Aug 2 (IANS) Reliance Retail’s JioPhone emerged as a clear leader in the Indian mobile handset market with 27 per cent share in the second quarter of 2018, a new report said on…
Mumbai, Aug 2 (IANS) The key Indian equity market indices on Thursday opened flat following a muted trend in Asian markets. The Sensitive Index (Sensex) of the BSE, which had closed at 37,521.62 points on…
Washington, Aug 2 (IANS) US President Donald Trump has escalated his trade war with China, ordering his administration to consider more than doubling proposed tariffs on $200 billion worth of Chinese goods to 25 per…
Islamabad, Aug (IANS) The Pakistan Bureau of Statistics (PBS) has said that the Consumer Price Index-based inflation rate in Pakistan has surged to a four-year high in the month of July 2018. The PBS, which…
Washington, Aug 2 (IANS) President Donald Trump is weighing the idea of increasing from 10 percent to 25 percent the tariffs imposed on some $200 billion of Chinese products, mainly consumer goods, the Office of…
New York, Aug 2 (IANS) Apple shares surged more than 5 per cent Wednesday in the wake of a strong 2018 fiscal third quarter earnings report, pushing the tech giant’s market capitalization close to a…
Washington, Aug 2 (IANS) The US Federal Reserve on Wednesday left key interest rates unchanged amid concerns about trade tensions between the United States and its trading partners. The Fed decided to maintain the target…
Mumbai, Aug 2 (IANS) The Multi Commodity Exchange of India Ltd (MCX) on Wednesday said it has received the recognition from market regulator SEBI to launch operations of its subsidiary, Multi Commodity Exchange Clearing Corporation…
New Delhi, Aug 1 (IANS) The government has constituted a sub-committee for the formation of a special purpose vehicle (SPV) for manufacturing regional transport aircraft (RTA) in India, Parliament was told on Wednesday. Union Minister…
New Delhi, Aug 1 (IANS) The Lok Sabha on Wednesday passed the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts (Amend) Bill that seeks to bring down the specified value of commercial…
Mumbai, Aug 1 (IANS) ICICI Bank on Wednesday said that the RBI has approved the appointment of Sandeep Bakhshi as its Chief Operating Officer (COO) effective from July 31. “We wish to inform you that…
New Delhi, Aug 1 (IANS) The government has no plans to sell-off its entire stake in Air India, Parliament was told on Wednesday. Minister of State for Civil Aviation Jayant Sinha informed the Rajya Sabha…
Mumbai, Aug 1 (IANS) Stock exchange major BSE on Wednesday said that its subsidiary BSE Investments Ltd (BSEIL) has acquired a 24 per cent stake in CDSL Commodity Repository Ltd (CCRL). According to BSE, CCRL…
New Delhi, Aug 1 (IANS) Automobile major Maruti Suzuki India on Wednesday said that it will increase prices across various models in August 2018 due to the rise in commodity cost. “There has been an…
New Delhi, Aug 1 (IANS) The Union Cabinet on Wednesday approved a policy framework for hydrocarbons’ exploration, permitting private companies to exploit unconventional hydrocarbons, including shale gas and coal bed methane (CBM), from their existing…