ians News

RBI on Stoic, as Dhanlaxmi and LVB fiasco simmers

RBI on Stoic, as Dhanlaxmi and LVB fiasco simmers

Chennai: Suspense continues over the next course of action at the Kerala-based Dhanlaxmi bank, a day after the shareholders voted out Managing Director (MD) and CEO Sunil Gurbaxani at the annual general meeting (AGM) on September 30, said industry officials."The bank has communicated the matter to t...

Readmore

Motorola Razr 5G to go on sale in US from Oct 2

Motorola Razr 5G to go on sale in US from Oct 2

San Francisco: Motorola has confirmed that its recently launched foldable smartphone 'Motorola Razr 5G' will be available for purchase in the US from October 2.At AT&T, customers trading in an eligible device can get a Razr 5G for up to $700 less than its original $1,399 price by porting their n...

Readmore

Microsoft Outlook email outage hits users worldwide

Microsoft Outlook email outage hits users worldwide

New Delhi: In the second major service outage hitting Microsoft in less than a week, Outlook online users worldwide on Thursday reported facing problems accessing the service.Microsoft has confirmed the outage after its initial investigation indicated that its India-based users were the primarily im...

Readmore

Pichai commits $1 billion to help publishers create quality news

Pichai commits $1 billion to help publishers create quality news

San Francisco: Alphabet and Google CEO Sundar Pichai on Thursday announced its biggest $1 billion investment for the future of news in partnerships with news publishers that would pay them to create and curate high-quality content for quality online news experience.Pichai launched Google News Showca...

Readmore

Delhivery to create 15K festive season jobs, eyes 100% growth

Delhivery to create 15K festive season jobs, eyes 100% growth

New Delhi: Aiming to create 15,000 seasonal jobs, leading supply chain services provider Delhivery said on Wednesday it is geared up to ship 65 million to 75 million packages in the upcoming festive season -- almost a 100 per cent growth over the last year.The seasonal job openings span over last mi...

Readmore

Airtel launches cybersecurity services for businesses

Airtel launches cybersecurity services for businesses

New Delhi: Bharti Airtel on Wednesday announced the launch of Airtel Secure, a suite of advanced cybersecurity solutions for business customers.As part of Airtel Secure, the company also launched its Security Intelligence Centre in the National Capital Region. This facility will offer its tracking s...

Readmore

India's artificial intelligence spending grows at over 30%: IDC

India's artificial intelligence spending grows at over 30%: IDC

New Delhi: India's Artificial Intelligence spending will grow from $300.7 million in 2019 to $880.5 million in 2023 at a compound annual growth rate (CAGR) of 30.8 per cent, said an International Data Corporation (IDC) report on Wednesday.As per IDC's 2020 Covid-19 Impact Survey, half of India enter...

Readmore

No GST on winning horse derby: Maha clarification

No GST on winning horse derby: Maha clarification

The winner of a horse race or any game of chance will not penalised by way of extra taxes as GST levy with the Appellate Authority of Advance Ruling, Maharashtra ruling that winner of a game is not rendering any service or making any supply and the prize money is outcome of an event where results ar...

Readmore

Revealed: Asian Paints is not just a paint manufacturer anymore

Revealed: Asian Paints is not just a paint manufacturer anymore

New Delhi: Does the popular phrase - 'Har Ghar Kuch Kehta hai' even require a cue?Asian Paints the darling of investors and a leading brand across India has been a pillar of hope in these Covid times.It was the glaring epitome of what great corporate leaders do during tought times - improve morale. ...

Readmore

LVB! What RBI can do of this nearly hundred year old troubled bank?

LVB! What RBI can do of this nearly hundred year old troubled bank?

Chennai: The Reserve Bank of India (RBI) should take a prompt and correct action of merging the 93-year-old Lakshmi Vilas Bank (LVB) with a nationalised bank, a top leader of one of the largest bank unions said."There are a number of corporate vultures that are circling the small-old generation priv...

Readmore