TCS, Infosys Fall Over Cognizant's Weak Guidance
IT stocks fell steeply on Tuesday after New Jersey-based Cognizant Technology Solutions' December quarter earnings announcement overnight.
Microsoft Surface Pro 4 price slashed by $100
Software giant Microsoft has cut $100 off every model in the Surface Pro 4 range, with the exception of the Intel Core i7 version with 16GB of RAM and 1TB of storage, which is still priced at $2,699.
Zomato breaks even in 6 markets including India; plans to raise $200 mn
Beating other food technology firms on the road to profitability, online restaurant search and food-ordering company Zomato has operationally broken even in India, and is on track to make a profit as early as June next year.
Welder's son bags Rs 1.2 crore Microsoft job
In a tale of triumph against adversities, a final-year student of Indian Institute of Technology (IIT) Kharagpur, who is the son of a welder in Bihar, has bagged a job with US-based Microsoft with an annual starting...
Jet crew grounded for Sonu Nigam's mid-air concert
Five air hostesses of Jet Airways have been grounded for allowing playback singer Sonu Nigam to sing from the plane's address system. The in-flight concert took place during a chartered flight from Jodhpur to Mumbai on...
TCS rated world's most powerful brand in IT Services
India's top multinational IT Company Tata Consultancy Services has emerged as the world's most powerful brand in Information Technology Services by a leading global brand valuation firm, the company said on Wednesday.
Yahoo to cut 1,700 jobs; shareholders want CEO sacked too
Search engine giant Yahoo is planning to announce that it will explore "strategic alternatives" for its ailing internet business, which could include a sale, and laying off about 1,700 employees, perhaps including...
Flipkart to Offer Exchange Deals on Mobiles, TVs, and More Each Month
e-Commerce giant Flipkart has announced the launch of 'Big Exchange Days.' It is a new monthly exchange programme for the TVs, laptops, smartphone, tablets, washing machine and refrigerator category.
Google Holding Company Alphabet Beats Apple to Become Most Valuable Company
Google holding company Alphabet Inc. is now the most valuable company in the world being worth $553 billion compared to Apple's $538 billion.
Raghuram Rajan takes a U-turn, says never doubted new GDP numbers
There is importance attached to every word a central banker says, not just in India but in every country. Therefore, a day after stating that "there are problems with the way we count GDP," Reserve Bank of India (RBI)...
Samsung Expects Tough 2016 as Smartphone Troubles Widen
Consumer electronics giant Samsung on Thursday reported a bigger-than-expected decline in fourth quarter earnings as its smartphone and semiconductor businesses suffer amid weakening global demand for consumer electronics.
US workers sue Disney, Cognizant, HCL over jobs lost to H-1B visa abuse
Washington DC: Even after Leo Perrero was laid off a year ago from his tech job at Walt Disney World in Orlando, Florida - and spent his final months training a temporary immigrant from India to do his work - he still hoped to find a new position in the company.
Oprah announces she lost 26 pounds; Weight Watchers gains
The shares of Weight Watchers International Inc jumped as much as 20 percent after investor and spokeswoman Oprah Winfrey tweeted saying that she has lost 26 pounds using the program. "I lost 26 pounds, and I have eaten...
China's richest man to invest $10bn in Haryana
Following Chief Minister Manohar Lal Khattar's trip to attract investors, China is all set to invest in Harayana to develop a USD 10 billion industrial park and smart cities in the state. The chief minister had a meeting...
Overseas capital slow down India start-up chase, PM Modi's fund may fall short
After investing billions of dollars into internet start-ups in the last two years, global investors are cutting their investments as dreams of huge online sales are clouded by soaring valuations and still-distant profits.
What are Powerball winning numbers for January 16?
The January 16 Powerball drawing for $40 million happened at 10:59 pm Eastern and the winning numbers posted on websites across the world as soon as the numbers were drawn.
Powerball Jackpot: Tennessee couple picks up $528.8M check
A couple, who on Friday revealed that they are in possession of one of the three winning Powerball jackpot tickets, was presented their share of the nearly $1.6 billion prize at Tennessee lottery headquarters.
$1.6 Billion Powerball Jackpot: What we know about the 3 winners
The mystery winners of the world-record $1.6 billion Powerball jackpot have suddenly become famous around the planet.
At least 3 winning tickets sold for $1.5 billion Powerball jackpot
A winning ticket for Wednesday night's world record $1.5 billion Powerball jackpot was retailed in suburban Los Angeles, another in Florida and a third in Tennessee, California lottery officials said.
Infosys Beats Q3 Street Estimates, Shares Jump 5%
IT major Infosys on Thursday thwarted Street estimates for the third straight quarter, leading to over 5 per cent jump in its shares. Infosys - India's second biggest outsourcer posted higher-than-expected...
Powerball jackpot at $1.5 billion fuels ticket-buying frenzy
The Wednesday night's Powerball appeared set to eclipse an estimated $1.5 billion bounty, prompting the players to go on a ticket-buying frenzy in pursuit of the princely payout.
Flipkart's other Bansal takes charge
On Monday, Flipkart announced Binny as its new chief executive officer (CEO), replacing his long-time friend and business partner Sachin Bansal, who has taken the role of executive chairman of the company.
$1.3 billion US Powerball jackpot to be world lottery record
Powerball's jackpot is now at $1.3 billion and it is expected that it would increase by Wednesday's draw.
Birla Corp could buy cement business of Anil Ambani in Rs 5,000 crore deal
Birla Corp has emerged as the leader to acquire Anil Ambani's cement business, a wholly-owned arm of flagship Reliance Infrastructure, after a competitive sale process that also witnessed rival offers from leading private equity buyout funds.
Gold worth Rs 1 cr, hidden under plane seat, seized at Hyderabad
Over 3kg of gold, hidden under a seat in an aircraft and apparently meant for smuggling, was apprehended by the customs officials at the Rajiv Gandhi International Airport in Hyderabad.
Winning Powerball numbers drawn for $900-million jackpot
The winning numbers in Saturday's record-setting Powerball drawing are: 32, 16, 19, 57, 34 and 13 is the Powerball number.
Apple cuts iPhone production amid fears of slowing demand
Tech giant Apple's share price plummeted amid reports production of the latest iPhone is set to be cut by 30 percent. The Cupertino-based firm is planning to reduce its iPhone production by around a third amid fears of...
Goldman Sachs Invests $66 Million in Hotel Firm Samhi
Goldman Sachs has financed $66 million for a significant minority stake in Indian hotel investment and development firm Samhi Hotels, said a statement released by company on Tuesday.
Oyo Rooms Founder Enters Forbes List of Achievers Under 30
Founder and CEO of Oyo Rooms, Ritesh Agarwal, is among the 45 Indians or Indian-origin people who have made it to Forbes' annual list of achievers under the age of 30.
TCS, Cognizant in race for Dell's Perot Systems
Tata Consultancy Services Ltd is now participating in the bidding process for Perot Systems, an IT management business of Dell Inc, according to people familiar with the matter.
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