Wipro to launch 5G edge services solutions
IT Major Wipro announced to launch a 5G edge services solutions suite built on IBM technology that will enable seamless deployment of infrastructure in...
Flipkart acquires parent Walmart’s wholesale business
E-Commerce giant Flipkart said it had acquired parent Walmart Inc's local cash-and-carry business, as the firm strengthens its wholesale offerings to compete better with...
Roshni Nadar Malhotra to succeed Shiv Nadar as chairman on HCL
In a major development, IT major HCL Technologies said Shiv Nadar is stepping down as chairman of the company. His daughter Roshni Nadar Malhotra...
Maruti Suzuki to recall Baleno and WagonR models over faulty parts
In a major move, Maruti Suzuki India Limited announced to voluntarily undertake a recall for WagonR (1 Litre) manufactured between November 15th 2018 and...
Wipro Q1 Results: Net profit flat at Rs 2,390 crore
Wipro Ltd on Tuesday reported its consolidated net profit for the June quarter was flat at Rs 2,390 crore as against Rs 2,388 crore...
Qualcomm to invest Rs 730 cr in Jio Platform
In a major development, US-based Qualcomm Inc is all set to invest Rs 730 crore in Jio Platforms for a 0.15 percent stake. It...
Intel Corp to invest Rs 1,894.5 cr in Jio Platforms
Reliance Jio is all set for another big investment. Intel Corp will invest Rs 1,894.5 crore in Jio Platforms in exchange for a 0.39...
Vodafone Idea posts Rs 73,878 cr loss in last quarter
In a major development, Vodafone Idea, the country's third largest telecom operator, reported a staggering Rs 73,878 crore of net loss in fiscal ended...
Sunil Mittal bids for OneWeb satellite
In a major development, Indian telecommunications tycoon Sunil Mittal has submitted a bid for OneWeb, the bankrupt satellite firm whose investors include SoftBank Group...
GAIL posts 168 pc growth in Q4
Amidst Coronacrisis, state-owned natural gas distributor GAIL India reported a 168.9 per cent year-on-year growth in standalone profit for the quarter ended March 2020....