Despite delivering a record 95,200 cars in the second quarter (Q2) of 2019, Elon Musk-led electric car maker Tesla reported a net loss of $408 million for the quarter that ended June 30. ...
The Supreme Court on Wednesday issued notice to the Centre and others on a public suit seeking directions to curb illegal sand mining and for ensuring implementation of sustainable sand mining guidelines in the country. A bench headed by Justice S.A. Bobde also asked the Ministry of Environment, ...
LinkedIn, which has over 645 million members and 20 million jobs to trade for, is finally moving its entire workload to Microsoft Azure Cloud platform. Microsoft announced its $26.2 billion acquisition of LinkedIn in June 2016 and closed the deal in the same year in December....
As US government regulators act tough on tech giants over privacy violations and anti-trust activities, Amazon and Facebook spent the maximum in lobbying - around $4 million each - in the second quarter (Q2) this year. The anti-trust regulators in the US are scrutinising Facebook, Amazon, Apple ...
In its intensifying trade dispute with India, the United States Commerce Department has said that India and China are subsidising their carbon and alloy steel threaded rod exports and could face retaliatory action. The Department announced on Tuesday that its countervailing duty (CVD)...
The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note. The Sensex of the BSE opened at 37,990.25 points and touched a high of 38,102.94 points, and a low of 37,939.77 points. The Sensex is trading at 38,071.11 points up by 88.37 points or 0.23 per cent...
US equities finished with decent gains on Tuesday, boosted by a slew of better-than-expected earnings reports. The Dow Jones Industrial Average jumped 177.29 points, or 0.65 per cent, to 27,349.19. The S&P 500 advanced 20.44 points, or 0.68 per cent, to 3,005.47,...
Giving respite to the 42,000 beleagured buyers of Amrapali Group, the Supreme Court on Tuesday cancelled the real estate company's Real Estate Regulation and Development) Act registration and appointed state-run National Buildings Construction Corporation Limited (NBCC) to complete all its pending projects. ...
Goa Chief Minister Pramod Sawant on Tuesday said his government cannot give a time-frame to restart mining in Goa, which was banned by the Supreme Court in 2018 on account of irregularities in the mining lease renewal process. In a written reply to a query by BJP MLA Subhash Shirodkar about the time by ...
The average cost of data breach in India grew 7.29 per cent year-over-year to reach Rs 12.8 crore from Rs 11.9 crore last year, said a new study by IBM on Tuesday. Per capita cost per lost or stolen record reached Rs 5,019, which represents an increase of 9.76 per cent from the prior year, said the "Cost of a Data Breach"...