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14 lakh SMEs to get benefited from Income Tax
With the SMEs are coming forward to congratulate the decision of the Government on taking decision of immediate tax refunds for SMEs, individuals to beat cash crunch up to Rs 5 lakh to be released for 14 lakh SMEs amid coronavirus COVID-19 lockdown....
Twitter CEO donates 28% of wealth to fight against COVID-19 pandemic
While everyone is doing their bit to fight against pandemic, Twitter Inc Chief Executive Officer Jack Dorsey pledged $1 billion of his stake in Square Inc, the payments processor that he co-founded and heads, to help fund relief efforts related to the coronavirus pandemic....
BigBasket gains $60 Mn from Alibaba and others
BigBasket has raised $50-60 million in a bridge round led by Alibaba and other existing investors, according to four people familiar with the matter. This comes after the Bengaluru-based firm has been looking to raise fresh capital for about 8-10 months but was not able to do so. ...
Data of 600,000 users now sold on the dark web
The data of more than 600,000 Email.it users is currently being sold on the dark web, as per a news report. ...
Huawei brings 65-Inch OLED Smart TV with 14 under display speakers
Huawei is set to reveal its latest smart TV in its home market of China today, alongside the P40 series of smartphones. A news report has suggested the name, as well as some of the expected features and specifications of the new TV, which is likely to be a big-screen premium option. ...
Alexion to start Soliris in COVID-19 Phase II trial in next few days
Alexion Pharmaceuticals is revving up to enter the COVID-19 drug development race with Soliris (eculizumab), a drug that is already approved for other indications, a source familiar with the trial told Reynald Castañeda, Pharma Writer for the Investigative News team at GlobalData, a leading data and analytics company. ...
AR based Donation lenses by Snapchat to support COVID-19 response efforts by WHO
Snapchat introduces new Augmented Reality (AR) donation lenses in India for Snapchatters who want to support COVID-19 response efforts. Snap Inc. has taken a proactive approach to ensure Snapchatters have access to credible, fact-based information on their platform. ...
Biocon MD says India should have drive-through COVID-19 tests like UAE
Biotechnology industry veteran Kiran Mazumdar-Shaw in the backdrop of the global coronavirus outbreak says, India should step up research on communicable diseases and get into vaccine production in a big way. The Chairman and Managing Director of Biocon also urged the government to rope in the private sector to boost diagnostic capacity to deal with the COVID-19 cases....
New IBM CEO, Arvind Krishna calls for culture shift
IBM’s new Indian origin Chief Executive, Arvind Krishna has asked all his employees to build up an entrepreneurial mindset. He has taken over the position at a very crucial stage where technology spend has come to a standstill due to disruption in daily life across countries due to the spread of Covid-19. ...
Once lockdown ends, smartphone brands may flood market with devices: Analysts
According to analysts, smartphone brands, grappling with plunging sales, are likely to flood the market with new devices, aggressive pricing and channel incentives, in the hope of capitalizing on likely pent up demand after the Covid-19 induced restrictions wind down. ...