Sensex, Nifty surge over 2% on value buying

Mumbai (IANS): The Sensex on Monday spurted over 700 points to scale the 34,000-mark, as investors boosted purchases after a string of declines had taken the barometer indices to a 7-month low last week.

The NSE's Nifty closed slightly…

IBM to acquire Red Hat for $34 bn

San Francisco (IANS): Sending a strong signal towards dominating the emerging $1 trillion Hybrid Cloud market, tech major IBM has announced to acquire Open Source Solutions leader Red Hat for a massive $34 billion.

The acquisition, IBM's…

Petrol, diesel prices continue to fall as global crude rates ease

New Delhi (IANS): State-run oil marketing companies continued to cut the prices of key domestic transport fuels -- petrol and diesel -- well into the second week on Sunday on lower global crude oil prices.

According to the Indian Oil Corp data,…

Telcos told to be ready with new KYC process by Nov 5

New Delhi (IANS): The Department of Telecommunications (DoT) has asked telecom operators to be ready with an alternate verification process for approval from the department by November 5, as it ordered the operators to stop using Aadhaar e-KYC for…

Microsoft acquires GitHub for $7.5 billion

San Francisco (IANS): Microsoft has closed its $7.5 billion acquisition of GitHub, a leading software development platform which brings more than 31 million developers to create, collaborate, share and build on each other's work.

Nat Friedman,…

Google sacks dozens over sexual harassment

San Francisco (IANS) Google has sacked 48 people including 13 senior managers over sexual harassment claims since 2016.

In a letter to employees on Thursday, Chief Executive Sundar Pichai said the tech giant was taking a "hard…

High levies on telecom contradict PM's Digital India vision: Bharti Airtel Chairman

New Delhi (IANS) The high rate of GST and spectrum prices in the telecom sector go against Prime Minister Narendra Modi's vision of a digitally-empowered India, Bharti Airtel Chairman Sunil Bharti Mittal said here on Thursday.
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$4.3bn funds raised by Indian start-ups in 9 months: Nasscom

Bengaluru (IANS) Depicting growth in Indian start-up industry, a total of $4.3-billion (Rs 31,476-crore) was raised by the start-ups over a span of 9 months from January to September, IT industry apex body Nasscom said on Thursday.
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Ericsson teams up with BSNL to bring 5G to India

New Delhi (IANS): In line with the "Digital India" programme, Swedish communication services giant Ericsson on Wednesday signed a Memorandum of Understanding (MoU) with public sector telecom operator Bharat Sanchar Nigam Limited (BSNL) to…

Sensex rises 187 points on global cues, lower crude prices

Mumbai (IANS): India's benchmark Sensex bucked a 4-day losing streak on Wednesday, taking cues from global peers and as international crude oil prices retreated, boosting investor sentiment.

"A recovery in the global markets has worked…