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SBI reports 41% net profit of Rs 9,113.5 crore in Q4

For the quarter ending March 2022 (Q4FY22), State Bank of India has reported a 41 percent year-on-year rise in net profit at Rs 9,113.5 crore, which was below Street's estimate of Rs 9,927.6 crore....

TEC conducts international webinar on “CYBERSECURITY for M2M/IoT”

The technical arm of Department of Telecommunications (DoT), Telecommunication Engineering Centre (TEC) along with Delegation of the European Union to India including Project InDiCo and SESEI organised a webinar on CYBERSECURITY for M2M/IoT. It was inaugurated by Nizamul Haq, Member (Services) Digital Communication Commission (DCC), Government of India along with Tonnie De Koster, Advisor, DG-CONNECT, European Commission, R.R. Mittar, DDG and Head, TEC and Sushil Kumar, DDG (IoT), TEC....

Red Hat unveils Red Hat Enterprise Linux 9 to drive innovation across open hybrid cloud

Red Hat has introduced Red Hat Enterprise Linux 9, the Linux operating system designed to drive more consistent innovation across the open hybrid cloud, from bare-metal servers to cloud providers and the farthest edge of enterprise networks. Red Hat Enterprise Linux 9 is designed to drive enterprise transformation in parallel with evolving market forces and customer demands in an automated and distributed IT world. The platform will be generally available in the coming weeks....

Motorola unveils edge 30 in India with Snapdragon 778G+ chip

Motorola has launched the edge 30 in India. The phone is a more affordable version of the Motorola edge 30 Pro that launched earlier this year with the Snapdragon 8 Gen 1 chipset. The edge 30 is the country’s first phone powered by the Qualcomm Snapdragon 778G+ 5G chipset. ...

Delhi govt to launch New Film Policy

The Delhi government is launching a new film policy, which will give producers subsidies and discounts on hospitality services. Deputy Chief Minister Manish Sisodia had said that the maximum subsidy amount will be Rs 3 crore. ...

Investors’ wealth collapses Rs 18.74 lakh crore in five trading sessions

Equity investors have become poorer by more than Rs 18.74 lakh crore as the market continued to remain bearish for the fifth session on the trot on Thursday. The 30-share BSE Sensex tumbled 1,158.08 points or 2.14 per cent to end below the 53,000-level at 52,930.31 points on Thursday....

Govt warns app cabs taking users for ride

The consumer affairs ministry warned of strict action against online cab aggregators if they fail to address rising consumer complaints and put an end to unfair trade practices such as levying inconsistent cancellation charges, insurance and Covid-19 charges for every ride without explicit consent of customers....

Tata Sons Chairman lists five megatrends for future

In his virtual address at the Confederation of Indian Industries session on future businesses, Tata Sons Chief N Chandrasekaran listed the focus on artificial intelligence and supply chain rebalancing among five megatrends for the period to come....

Google, Meta asked to remove online child pornography under EC rules

Google, Meta and other online service providers will be required to find and remove online child pornography under proposed European Commission (EC) rules. Companies that fail to comply with the rules will face fines up to 6 percent of their annual income or global turnover, which will be set by EU countries. ...

Due to Ola electric scooter accident 65-year-old severely injured

A Jodhpur man has flagged a software bug in Ola electric scooters after his father suffered a severe head injury in an accident. Pallav Maheshwari wrote that a software bug in Ola electric is causing its scooters to go in reverse mode at full speed....