Sebi has granted certain exemptions to Wipro from buyback norms that could pave the way for the country’s third-largest IT services firm to come out with a fresh share repurchase programme. Wipro had come out with a share buyback in November 2017. It has plans to come out with another buyback. According to the extant […]
The income tax department has released 74.90 lakh attached shares of Mindtree, paving the way for V. G. Siddhartha, the promoter of Coffee Day Enterprises, to sell his stake in the IT firm. However, in a parallel move, the tax authorities attached nearly 46.02 lakh shares held by Siddhartha in Coffee Day Enterprises over a […]
She’s Twittersphere’s newest star. Last week, Priyanka Gandhi Vadra joined Twitter and within 24 hours, racked up 160,000 followers. Of course, Priyanka’s nowhere near Prime Minister Narendra Modi’s 45-million-plus followers. But she and former Uttar Pradesh chief Mayawati, the Bahujan Samaj Party supremo who’s another Twitter newcomer, are notching up Twitter followers fast. Mayawati sent […]
NEW DELHI: Facebook-owned WhatsApp has earlier launched the WhatsApp Business for Android last year. The company is now planning to bring the same to iOS soon. According to WABetaInfo, the Twitter account which tracks the builds in WhatsApp has revealed that the company is rolling out the beta version of WhatsApp Business on iOS. The […]
The Supreme Court on Wednesday summarily dismissed two court officials for allegedly tampering with an uploaded judicial order that erroneously created an impression that industrialist Anil Ambani had been exempted from personal appearance in a contempt case. The court exercised extraordinary powers under Article 311 of the Constitution to dismiss the court masters, Manav Sharma […]
The Supreme Court on Wednesday reserved its verdict on Ericsson India’s plea seeking contempt action against Reliance Communications Ltd (RCom) chairman Anil Ambani and two others for not clearing of its Rs 550-crore dues. A bench of Justices RF Nariman and Vineet Saran said it was reserving its verdict. During the hearing, senior advocate Dushyant […]
Facebook said on Monday that it had expanded its third-party fact-checking programme in India as part of efforts to combat the spread of “fake news” on its platform ahead of the general election. It said it had added to its roster of fact-checkers entities such as the India Today Group and Factly, which will review […]
Online sales of smartphones are expected to fall sharply in the January-March quarter after restrictions on discounts, among other curbs, kicked in on February 1, leading handset companies to increase their focus on forming more tie-ups with brick-and-mortar stores. The share of online smartphone sales may drop to 26-27% in the current quarter as norms […]
Pay channels have started disappearing from the television screens of some cable subscribers despite complying with the Trai order that requires them to list what they want to watch from an a-la-carte list. In some homes, two set-top boxes subscribed to the same pack are getting different combinations of channels, reflecting the cable TV industry’s […]
The parliamentary standing committee on information technology on Monday decided to give Twitter’s head honchos, including CEO Jack Dorsey, time till February 25 to appear before it. The panel refused to engage with the micro-blogging site’s India team, which had gone to Parliament in the hope of answering the committee’s queries.
he Infosys here organised a full-day ‘Women in Technology’ event at the Infocity campus as a precursor to the celebration of the International Women’s Day on March 8. An inter-location technical road show cum contest “Mavens and Mavericks” was organised. There were 11 teams travelling from various Infosys locations to participate in the event and […]
There is a new code for the punishing work schedule that information technology companies here expect their employees to work — ‘996’. It means ‘9 am to 9 pm, six days a week’. These have been the working hours for some time now in China’s most successful IT companies.