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Bloomberg

Bloomberg

Page 214 - Bloomberg/reuters

Infosys coded tax network in India, it got a Rs 32,400 cr GST notice

Infosys said Wednesday it has paid all that it is legally required to - and even investors don't believe that India's second-largest software exporter needs to provide for the alleged liability

Infosys coded tax network in India, it got a Rs 32,400 cr GST notice
Updated On : 05 Aug 2024 | 9:43 AM IST

India Inc braces for share buyback rush ahead of changes to tax rules

At least 11 firms, including Indus Towers Ltd., have or are set to approve share buybacks shortly after the new regime was proposed in the budget on July 23

India Inc braces for share buyback rush ahead of changes to tax rules
Updated On : 05 Aug 2024 | 8:56 AM IST

Rupee expected to decline further as policy shift comes into focus

The currency tested successive lows in recent days amid outflows from local stocks following a hike in equity taxes

Rupee expected to decline further as policy shift comes into focus
Updated On : 05 Aug 2024 | 8:23 AM IST

Israel braces for Iran attack as US urges Gaza cease-fire as tensions rise

Netanyahu said the problem is that Hamas keeps changing its demands. Others say Israel has done the same, making a deal harder

Israel braces for Iran attack as US urges Gaza cease-fire as tensions rise
Updated On : 05 Aug 2024 | 7:28 AM IST

US election: Harris meets with possible running mates as her decision nears

To be sure, Harris also spoke with other contenders, just not in person, the people said

US election: Harris meets with possible running mates as her decision nears
Updated On : 05 Aug 2024 | 7:17 AM IST

Elon Musk's Neuralink device implanted successfully in second patient

Musk provided few details about the surgery, which had to be postponed after the patient originally scheduled for the second procedure had to withdraw in June due to an unspecified medical condition

Elon Musk's Neuralink device implanted successfully in second patient
Updated On : 05 Aug 2024 | 7:09 AM IST

Israel-Hamas war: UAE shows diplomatic sway with Gaza as tensions escalate

Since the start of the conflict almost ten months ago, aid efforts by the UAE in El-Arish and the Palestinian territory have cost the UAE around $700 million

Israel-Hamas war: UAE shows diplomatic sway with Gaza as tensions escalate
Updated On : 05 Aug 2024 | 6:27 AM IST

Big Tech's AI promises become a 'show me' story for investors: Report

Results from Microsoft Corp., Meta Platforms Inc., Amazon.com Inc. and Apple Inc. this week signaled that biggest companies in world are still heavily investing in artificial intelligence

Big Tech's AI promises become a 'show me' story for investors: Report
Updated On : 03 Aug 2024 | 7:28 PM IST

World's richest lose $134 billion in stock slump, led by Amazon's Bezos

His wealth also derives from space-exploration company Blue Origin and the Washington Post

World's richest lose $134 billion in stock slump, led by Amazon's Bezos
Updated On : 03 Aug 2024 | 12:31 PM IST

Nicolas Maduro accuses Venezuela opposition of planning armed attack

The US has said it's clear the opposition won the most votes, a position shared by several countries

Nicolas Maduro accuses Venezuela opposition of planning armed attack
Updated On : 03 Aug 2024 | 8:12 AM IST

Venezuela election dispute traps travellers trying to leave country

The lack of options is stranding Venezuelans who live abroad but returned to vote in the July 28 election

Venezuela election dispute traps travellers trying to leave country
Updated On : 03 Aug 2024 | 7:58 AM IST

Meta offering Hollywood stars millions of dollars for AI voice projects

The company is talking with Judi Dench, Awkwafina and Keegan-Michael Key, said the people, who asked not to be identified because the project is confidential

Meta offering Hollywood stars millions of dollars for AI voice projects
Updated On : 03 Aug 2024 | 7:48 AM IST

Byju's US lenders seek to block payment to BCCI, want their money first

Earlier this week, a judge in Delaware, where the main legal action against Byju's is taking place, ordered Ravindran to pay $10,000 a day until he helps locate the $533 million

Byju's US lenders seek to block payment to BCCI, want their money first
Updated On : 03 Aug 2024 | 7:20 AM IST

JPMorgan to closely monitor Indian bond liquidity after investor curbs

The South Asian nation surprised investors by imposing restrictions on sales of new securities with those tenors this week, just a month after it was included in JPMorgan's flagship gauge

JPMorgan to closely monitor Indian bond liquidity after investor curbs
Updated On : 03 Aug 2024 | 12:28 AM IST

Amazon's shares slide after AI spending plans disappoints investors

The company projected operating income for the current quarter ending in September will be $11.5 billion to $15 billion. Analysts, on average, were looking for $15.7 billion

Amazon's shares slide after AI spending plans disappoints investors
Updated On : 02 Aug 2024 | 11:06 PM IST

Joe Biden tells Netanyahu to accept cease-fire in 'very direct' call

Iran and Hezbollah have vowed revenge against Israel, with Tehran ordering its security forces to assess options for attacking the Jewish state

Joe Biden tells Netanyahu to accept cease-fire in 'very direct' call
Updated On : 02 Aug 2024 | 10:42 PM IST

Nike bets on Olympics marketing spending to revive slumping sales

It's all hands on deck after Nike's shares had their worst day on record in June, when management told investors revenue is expected to decline this fiscal year

Nike bets on Olympics marketing spending to revive slumping sales
Updated On : 02 Aug 2024 | 10:07 AM IST

China's plan to introduce digital ID system stokes fears of govt overreach

Some legal experts and users in the world's largest internet market have openly doubted the efforts' stated goal of protecting privacy

China's plan to introduce digital ID system stokes fears of govt overreach
Updated On : 02 Aug 2024 | 8:33 AM IST

Samsung chips boss Young-hyun warns of vicious cycle unless changes made

The executive's communique reflects frustration over Samsung's missteps in the hot new market of supplying memory chips for Nvidia Corp

Samsung chips boss Young-hyun warns of vicious cycle unless changes made
Updated On : 01 Aug 2024 | 10:53 PM IST

Meta reports better-than-expected sales in Q2, shares jump by 10%

Meta has been using AI to improve the way its advertisers can find interested users, adding efficiency to its most lucrative business

Meta reports better-than-expected sales in Q2, shares jump by 10%
Updated On : 01 Aug 2024 | 10:38 PM IST