Telecom

WhatsApp limits text forwards to 5 in fight against ‘misinformation’

WhatsApp will now globally limit message ‘forwards’ to five chats at a time, a practice it had introduced in India in July last year to crack down on the spread of rumours and fake news through its platform. In an update to its blog on Monday, WhatsApp said the move will help keep “WhatsApp focused

IT

Wipro drops after declaring Q3 result

Wipro lost 2.51% to Rs 337.50 at 11:26 IST on BSE after company declared its Q3 result after market hours on Friday, 18 January 2019. Meanwhile, the S&P BSE Sensex was up 218.99 points, or 0.6% to 36,605.60 On the BSE, 4.03 lakh shares were traded in the counter so far compared with average daily

BPO

IT industry seeks clarity on tax provisions for BPO/KPO services, quashing of angel tax

IT industry body Nasscom has urged the government to clarify tax provisions that treat BPO-KPO services as intermediaries under GST rules, and scrap angel tax levied on investments in startups. Expressing concerns over rising instances of revenue authorities treating IT-enabled services, including BPOs and KPOs, as ‘intermediary services’, Nasscom Senior Director and Public Policy Head

Broadcasting

Anil Ambani-promoted Reliance Big Ent’s FY18 net loss widens to Rs 606.2 cr

Anil Ambani-promoted Reliance Big Entertainment Pvt. Ltd. (RBEPL) has widened its FY18 net loss to Rs 606.2 crore compared to Rs 553.8 crore in FY17. The profit before interest lease depreciation and tax (PBILDT) has jumped to Rs 28.89 crore from Rs 12.76 crore. The company’s total operating income jumped to Rs 265.9 crore as

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