IT stocks nosedived on Friday after Britain voted to exit European Union leading to over 10 per cent slump in the British pound against the dollar. The IT sub-index on Bombay Stock Exchange plunged as much as 4 per cent. The pound collapsed to a 31-year low and went into a freefall on Friday after Britain voted to leave the ... Read More »
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Alphabet, Facebook Seen Acquiring More as Startup Valuations Sag
David Drummond has a simple explanation for why Alphabet Inc., one of the more acquisitive technology companies, has been sitting on its hands for more than a year. “Have you seen the valuations?” Drummond, the corporate development chief for Google’s parent company, said in an interview after the Alphabet annual shareholder meeting June 8. That’s about to change as stratospheric ... Read More »
Dow Ends 0.14% Higher As Tech Shares Gain; Brexit Fear Ebbs
U.S. stocks rose on Tuesday, led by gains in technology shares as Federal Reserve Chair Janet Yellen was optimistic about the economy and played down the risk of a recession, while concern over the upcoming British referendum remained subdued. Yellen, however, warned that the British vote on Thursday on whether to stay in the European Union, alongside a U.S. hiring ... Read More »
Twitter Wants You to Use Snapchat-Like Stickers as Visual Hashtags
HIGHLIGHTS Unlike Snapchat’s stickers, Twitter’s stickers will be searchable The stickers will also act as hashtags across the website Stickers won’t be counted as characters in the tweet limit Twitter will have stickers soon, just like Snapchat, so that you can add cute little symbolic expressions of your feelings to your photos. The stickers will be searchable, like a “visual ... Read More »
Zee Learn Appoints Debshankar Mukhopadhyay As CEO
Mumbai: Essel Group’s education arm Zee Learn has appointed Debshankar Mukhopadhyay as Chief Executive Officer. Mukhopadhyay has over 20 years of experience in educational and financial sector across South Asia. Prior to joining Zee Learn, he was the Head of Educational Sales – Financial Services and Insurance at Manipal Global Education Services, a statement by the company said on Wednesday. ... Read More »
Smriti Irani Shifted In Move Seen As Strong Action From BJP Chief Amit Shah
Smriti Irani has been moved to Textiles Ministry in PM Narendra Modi’s big cabinet reshuffle. (File Photo) NEW DELHI: HIGHLIGHTS Smriti Irani removed as head of Human Resources Development Ms Irani, 40, had controversial tenure marked with campus unrest Talk of Ms Irani as BJP’s choice for UP Chief Minister Smriti Irani appears to have missed the mark – by ... Read More »
Bad News for Sony Mobile Fans as Company Will Reportedly ‘Defocus’ on India
HIGHLIGHTS Sony Mobile expects less growth in markets such as China and India Sony to focus in East Asia (including Japan), Europe and the Middle East The company will focus in the high value-added segment Sony Mobile at a recent investor meet has reportedly confirmed that it will focus less on select markets like China, India, and the US where ... Read More »
Uber Now at just Rs. 6 per Kilometre in Delhi, Catches as much as Ola Micro
HIGHLIGHTS UberGo cabs are now available for Rs. 6 in keeping with kilometre. in advance, the rate become Rs. 8 in line with kilometre. you could also ebook an Ola Micro for the equal rate. The price wars maintain in India, as Uber Delhi reduce its charge to just Rs. 6 consistent with kilometre,similar to Ola Micro, which is still ... Read More »
Indo Tech Transformers Rallies 20% As q4 net Surges 10 instances
shares of Indo Tech Transformers had been locked in higher circuit of 20 per cent at Rs 224.70 after theorganization mentioned strong set of March zone numbers. Chennai primarily based transformer manufacturer, Indo Tech Transformers these days said that itsinternet earnings surged almost 10 times to Rs 10.11 crore from Rs 1.35 crore for the duration of theidentical quarter remaining ... Read More »
Dow Ends 0.forty four% decrease As Tech shares Weigh
Wall avenue stumbled for a 3rd immediately session on Monday as tech stalwarts Microsoft and Apple dragged on indexes and traders braced for main economic and political events inside the usa and Europe. Microsoft fell 2.7 percentage after announcing it might purchase on line networking corporation LinkedIn for $26.2 billion in its biggest-ever deal. LinkedIn stocks jumped forty six.6 percentage. ... Read More »