SBI’s Q1FY21 net profit up 81%
Mumbai: The country’s biggest lender State Bank of India (SBI) on Friday reported a rise of 81 per cent in its standalone net profit on the back of Q1FY21. Accordingly, …
SBI’s Q1FY21 net profit up 81% Read MoreBusiness
Amazon aims to hire ‘many more’ people in India
San Francisco: Amazon is planning to get more sellers on board as the company focuses on digitising a lot of micro, small and medium-sized businesses in India and hiring many …
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Centre in talks with RBI for loan restructuring
New Delhi: As the economy goes through a severe slowdown, which is likely to impact businesses further, Finance Minister Nirmala Sitharaman on Friday said that the government’s focus is now …
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Cognizant headcount reduced by 10,500 employees in Q2
San Francisco: As global software major Cognizant implements a programme to improve cost structure amid Covid-19 and optimises its team, the headcount of the company reduced by 10,500 in the …
Cognizant headcount reduced by 10,500 employees in Q2 Read More
AWS hits $43bn annual run rate biz, Google Cloud reaches $3bn in Q2
New Delhi: Amazon Web Services (AWS), the Cloud arm of retail behemoth Amazon, has become a $43 billion annualized run rate business, up nearly $10 billion in run rate in …
AWS hits $43bn annual run rate biz, Google Cloud reaches $3bn in Q2 Read More
Sensex sheds initial gains to trade in red
Mumbai: The key Indian equity indices pared initial gains amid volatility to trade in the red on Friday. Decline in the Asian markets weighed on the domestic indices. Selling activity in …
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Apple confirms 2020 iPhones won’t arrive in September
Cupertino (California): Apple Chief Financial Officer Luca Maestri has confirmed that the new 2020 iPhones may not launch in September as they usually do. According to Maestri, Apple last year started …
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Diesel run ends in Delhi, now Rs 8.38/l cheaper
New Delhi: Consumers in Delhi have finally heaved a sigh of relief as the price of diesel fell by Rs 8.38 per litre on Friday. The price cut made diesel cheaper …
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Reliance Jio’s Q1 net profit surges nearly three times to Rs 2,520 cr
Mumbai: Telecom operator Reliance Jio on Thursday reported a nearly three fold rise in net profit for the April-June quarter to Rs 2,520 crore. The telecom giant recorded a 183 per …
Reliance Jio’s Q1 net profit surges nearly three times to Rs 2,520 cr Read More
Diesel in Delhi to get cheaper by Rs 8.36 per litre
New Delhi: In a major relief to fuel consumers in the national capital, the Delhi government on Thursday reduced VAT on diesel from 30 per cent to 16.75 per cent, …
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