Page 8 - Tech Firms

Big tech firms commit to additional support for India's fight against Covid

Amazon's business in Europe has committed $2.5 mn to support people in India impacted by the Covid-19 crisis, by purchasing and transporting medical supplies

Tech firms, startups gearing up to vaccinate employees after May 1

Healthcare platform PharmEasy says 5 million individuals and 1,200 companies have already made a "soft commitment" to vaccinate themselves and their families

Wipro signs deal to acquire global tech company Capco for $1.45 bn

The acquisition will make Wipro one of the largest end-to-end global consulting, technology and transformation service providers to BFSI

Biden admin removes stumbling block to global deal on digital tax

On Friday, Yellen said at a meeting of G-20 finance ministers that the US "is no longer advocating for safe harbour implementation", a US Treasury official told the Financial Times

Honeywell eyes 10% revenue contribution from its SME brand Impact in 2 yrs

Technology firm Honeywell on Wednesday announced setting up of a new segment under brand name Impact

CEOs of top tech firms hail tax norms for digital economy in Budget 2021

They say coming in the wake of Covid-19 pandemic, the Budget looks to strengthen many important pillars for economic recovery and future growth

M-cap of top 7 global tech stocks surged 61% last year, shows data

Apple alone commands a market cap of over $2.2 trillion, which is more than GDP of several countries, such as Brazil, Italy, Canada, and Russia

Facebook criticises Apple as it welcomes Europe's new technology rules

The new laws announced Tuesday - known as the Digital Markets Act (DMA) and the Digital Services Act (DSA) - are designed to keep the tech giants in check

Making some unique investments, focused on long run in India: Facebook

Facebook is hosting 'Fuel for India 2020', which will see its chief Mark Zuckerberg and Reliance Industries Chairman and Managing Director Mukesh Ambani engage in a conversation

Tech giants risk EU fines up to 10% of turnover if norms violated: Report

The proposed rules, to be announced by EU digital chief Thierry Breton and EU antitrust czar Margrethe Vestager on Tuesday, are likely to affect Amazon.com, Apple , Facebook and Alphabet unit Google

Time for tech solutions designed in India, but deployed for world: PM Modi

PM Narendra Modi said it is time for tech solutions that are designed in India but deployed for the world, and the country is uniquely positioned to leap ahead in the information era

Tech, healthcare firms seen to be attractive IPO investments going ahead

With markets flush with liquidity, the number of companies going public in the quest for funds were on the rise globally, during July-Sept quarter, and investor interest has been adequately responsive

The art of staying innovative

Book review of Always Day One

India's top agri-technology companies welcome government's Farm Bills

The bills are aimed at helping smallholder farmers get a better price for their produce and invest in technology to improve their farm productivity

At $200-billion market capitalisation, Reliance Industries isn't like FAANG

Morgan Stanley analysed how the Mukesh Ambani-led firm stacked up against eight global firms when they crossed the $200-billion milestone

Street signs: Route Mobile IPO, brokers eye tech improvement, and more

Last week, low-cost brokerage 5paisa.com appointed former Flipkart chief technology officer Ravi Garikipati on its board as an independent director

SoftBank unmasked as 'Nasdaq whale' that stoked tech rally: Report

Softbank has been snapping up options in tech stocks over the past month in huge amounts, contributing to the largest trading volumes in contracts linked to individual firms in nearly 10 years

No global offers, but highest domestic pay up 35% in IIM-A's PGPX placement

Attracts domestic maximum earning potential (MEP) of Rs 81 lakh as against Rs 60 lakh last year

Tech firms offer carbon tracking software to meet oil-investor demands

Top investors, including BlackRock, have put climate change on their agendas, encouraging energy producers to evaluate programs to help track emissions and report on results

FDI inflows on the rise, great time to invest in India: PM to IBM CEO

In a virtual interaction with Krishna, the prime minister noted that while the world is witnessing a slowdown, FDI inflow in India is increasing