After Microsoft slammed Amazon's Cloud arm for challenging the US government's decision to award $10 billion Pentagon Cloud project to Satya Nadella-run enterprise, Amazon Web Services (AWS) has hit back, saying Microsoft is doing "an awful lot of posturing". ...
Only 49 to 57 percent of Indias economic activity has operated during the lockdown so far, with 143 million to 186 million inactive non-farm workers, according to a research by McKinsey and Company....
As smartphone brands face a state of uncertainty as both supply and demand has been diminished in India, the industry will bear the maximum brunt in the second quarter (April-June period), leaving the sector with at least 11-12 per cent overall decline in shipments for the entire 2020, a new report said on Thursday....
At least 30 companies, including foreign and domestic firms participated in the pre-bid meeting for the redevelopment of the New Delhi railway station via video conferencing....
Automobile makers are in for tough period at least in the short to medium term as the period of poor sales is expected to continue well into the first half of current fiscal year with only a moderate recovery thereafter. ...
The Bank of England has warned that the coronavirus pandemic will push the UK economy towards its deepest recession on record, the media reported on Thursday. ...
The unprecedented increase in excise duty on petrol and diesel by Rs 10 and Rs 13 per litre on Tuesday may not be the end of the government to exercise to fleece the two petroleum products for additional revenue this year....
The unprecedented increase in excise duty on petrol and diesel by Rs 10 and Rs 13 per litre on Tuesday may not be the end of the government's exercise to fleece the two petroleum products for additional revenue this year....
Consumers can expect to pay more for auto fuels and liquor in coming days as more and more states are expected to target these for increasing their revenue which has been severely hit by Covid-19 outbreak and subsequent lockdown....
Stock prices of major liquor stocks, including United Spirits and Radico Khaitan plunged on Tuesday after the Delhi government imposed a 70 per cent 'special corona fee' on the sale of alcohol in the city....
