Mumbai, April 29 (SocialNews.XYZ) The end-user spending on Public Cloud services in India will reach $4.4 billion in 2021, growing 31.4 per cent as compared to last year, a Gartner report said on Thursday. For…
San Francisco, April 29 (SocialNews.XYZ) Facebook now has 2.85 monthly active users (MAUs), an increase of 10 per cent (year-over-year) while its daily active user base has reached 1.88 billion on average, an increase of…
Mumbai, April 29 (SocialNews.XYZ) The BSE Sensex pared major gains after crossing the 50,000-mark during the initial trade. Around 10.18 a.m., it was trading at 49,868.74, higher by 134.9 points or 0.27 per cent from…
Chennai, April 29 (SocialNews.XYZ) International Finance Corporation (IFC) part of the World Bank group is planning an equity investment up to $15 million in Seabright IV, L.P (the “Fund”, operating as Prime Venture Partners). The…
New Delhi, April 29 (SocialNews.XYZ) After delivering strong March quarter results, Apple has said that the company is very pleased with its growth story in India, as iPhone sales, along with iPads and Macs, continue…
Seoul, April 29 (SocialNews.XYZ) Samsung Electronics on Thursday expected its semiconductor business to rebound in the current quarter following mediocre performance, although its mobile unit is projected to suffer a profit decline after spearheading its…
Cupertino (California), April 29 (SocialNews.XYZ) Apple has posted a record revenue of $89.6 billion for its March quarter which is up 54 per cent (year-on-year), delivering strong double-digit growth in each of its product categories,…
Washington, April 29 (SocialNews.XYZ) US Federal Reserve Chairman Jerome Powell said on Wednesday that “it is not time yet” to start talking about tapering the central bank’s asset purchase program despite a strengthening economic recovery….
Washington, April 29 (SocialNews.XYZ) The US Federal Reserve on Wednesday kept its benchmark interest rates unchanged at the record-low level of near zero, as economic recovery gathers momentum on Covid-19 vaccination progress and strong fiscal…
New Delhi, April 28 (SocialNews.XYZ) SpiceXpress, the air cargo arm of SpiceJet, has airlifted 1,000 oxygen concentrators from Hong Kong to Delhi. According to the company, these oxygen concentrators, a medical device that concentrates oxygen…
Mumbai, April 28 (SocialNews.XYZ) US Fed’s monetary policy decision along with domestic monthly F&O expiry will drive India’s key equity indices on Thursday. On Wednesday, both the indices rallied higher. Besides, broader markets too gained…
New Delhi, April 28 (SocialNews.XYZ) Rating agency ICRA on Wednesday cautioned that the continuing resurgence in Covid-19 cases, along with proliferation of localised restrictions, could dampen the pace of recovery for the Indian corporate sector….
San Francisco, April 28 (SocialNews.XYZ) Based on the company’s ability to attract, develop and retain talent, Microsoft-owned professional networking platform LinkedIn on Wednesday named Amazon as the most desirable workplace in the US for 2021….
Mumbai, April 28 (SocialNews.XYZ) Zomato’s draft red herring prospectus for an initial public offering (IPO) reveals the salary of its top executives. It shows that its MD & CEO, Deepinder Goyal, draws a basic salary…
Chandigarh, April 28 (SocialNews.XYZ) Hyundai Motor India Foundation (HMIF), the philanthropic arm of Hyundai Motor India, on Wednesday announced to offer infrastructural assistance of Rs 20 crore to the states most affected by the Covid-19…
New Delhi, April 28 (SocialNews.XYZ) The country’s largest oil and gas explorer ONGC on Wednesday said it will expand its upstream activity in the country by acquiring much larger acreage through the Open Acreage Licensing…
New Delhi, April 28 (SocialNews.XYZ) Maruti Suzuki India has announced the closure of its factories in Haryana to make oxygen available for medical requirements. In a statement, the company said that as part of the…
Mumbai, April 28 (SocialNews.XYZ) The Reserve Bank of India constituted committee on Asset Reconstruction Companies (ARCs) has invited ARCs, market participants and other stakeholders to share their views and suggestions on the issue of working…
New Delhi, April 28 (SocialNews.XYZ) Health and safety are at the core of all important consumption led decisions with the Covid-19 pandemic extending its grip across the globe, according to the latest wave of 30-day…
Shenzhen, April 28 (SocialNews.XYZ) Hit hard by various US sanctions, Chinese conglomerate Huawei on Wednesday reported 16.5 per cent decline in sales for the first quarter of 2021, due in part to selling the Honor…