Corporate

Infosys hits carbon target 30 yrs early

Infosys hits carbon target 30 yrs early Infosys hits carbon target 30 yrs early – 30 years before the 2050 timeline set by the Paris Agreement, Infosys Ltd Wednesday said it’s achieved carbon-neutral status meeting its own target set nine years ago. In recent years, the Bengaluru-based IT services company has reduced its per capita […]

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Cashfree in talks to raise $25 Mn at around $150 Mn valuation

Cashfree in talks to raise $25 Mn at around $150 Mn valuation Cashfree in talks to raise $25 Mn at around $150 Mn valuation – Payment gateway startup Cashfree is during advanced talks to boost $20-25 million in a fresh round from new and existing backers, said two persons conscious of the matter. This would […]

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Reliance says India will fully shift to renewable energy in few decades

Reliance says India will fully shift to renewable energy in few decades Reliance says India will fully shift to renewable energy in few decades – India will fully move faraway from fossil fuels to renewable energy within the next few decades, the chairman of Reliance Industries, operator of the world’s biggest refining complex, said on […]

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RBI announces portfolios of deputy governors

RBI announces portfolios of deputy governors MUMBAI: RBI announces portfolios of deputy governors – Some portfolios were reallocated by the Reserve Bank of India (RBI) on Monday as of deputy governors, with the department of regulation entrusted to the newly-appointed M Rajeshwar Rao. Rao was executive of the Federal Reserve Bank before being elevated to the […]

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OLX India lays off 250 employees as it shifts focus to a few verticals

OLX India lays off 250 employees as it shifts focus to a few verticals OLX India lays off 250 employees as it shifts focus to a few verticals – Online consumer to consumer marketplace OLX India has abandoning off 250 of its employees because it looks to primarily specializing in two of its verticals as […]

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TCS iON opens National Qualifier Test to corporates for job opportunities

TCS iON opens National Qualifier Test to corporates for job opportunities TCS iON opens National Qualifier Test to corporates for job opportunities – National Qualifier Test (NQT) will now be a standard gateway test as per TCS iON, a strategic unit of Tata Consultancy Services said that this test would be common for several participating […]

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Nelco, Telesat collaborate to bring LEO satellite network to India

Nelco, Telesat collaborate to bring LEO satellite network to India Nelco, Telesat collaborate to bring LEO satellite network to India – Tata group company Nelco has entered into a pact with global satellite operator Telesat to bring LEO satellite network to India, consistent with a press release. Nelco and Telesat will collaborate on terrestrial facilities, […]

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Samsung grants scholarships to 517 IIT, NIT students in India

Samsung grants scholarships to 517 IIT, NIT students in India Gurugram: Samsung grants scholarships to 517 IIT, NIT students in India – Samsung India on Monday announced that it’s provided scholarships to 517 students at the Indian Institute of Technology (IIT) and National Institute of Technology (NIT), as a part of its ‘Samsung Star Scholar […]

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HCL Tech to buy Australian IT firm DWS

HCL Tech to buy Australian IT firm DWS BENGALURU: HCL Tech to buy Australian IT firm DWS – HCL Technologies is acquiring Australian IT firm DWS for $115 million (about Rs 850 crore) to expand its presence in Australia and New Zealand. As the organization said in a regulatory filing that the entire equity value […]

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Coal India output may fall below 600 MT in FY21 on sluggish demand

Coal India output may fall below 600 MT in FY21 on sluggish demand: Analysts Coal India output may fall below 600 MT in FY21 on sluggish demand: Analysts – State-run Coal India Ltd may witness de-growth in production during the present fiscal as its output is probably going to fall below 600 million tonnes amid […]

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