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Indian economy will contradict by 3.2% in 2020: World Bank reports

Amid global pandemic and ongoing lockdown, India's economy will shrink by 3.2 per cent in the current fiscal, the World Bank said as it joined a chorus of international agencies that are forecasting a contraction in growth rate due to the coronavirus lockdown halting economic activity....

BSNL expands its 200Mbps 1500GB FTTH plan to Tamil Nadu

The state-owned telco, Bharat Sanchar Nigam Limited (BSNL) has expanded its current plan of 1500GB FTTH to new cities in Tamil Nadu. In the beginning of this year it was introduced in Chennai and Telangana circles. The 1500GB Fiber-to-the-Home (FTTH) plan...

British Petroleum to lay off 10,000 employees worldwide

The coronavirus pandemic has caused its severe impact on the oil market making oil giant British Petroleum decide to lay off 10,000 employees from its workforce globally by the end of the year. ...

Cash withdrawal using smartphone at ATMs to be launched in India soon

AGS Transact Technologies has announced to successfully develop and test a touch less ATM solution in light of the Covid-19 pandemic. The contactless solution is currently under demo at interested banks. It enables a customer to...

AstraZeneca confirms COVID-19 vaccine to be out by September

If the ongoing trials prove successful, British pharma giant AstraZeneca shall begin rolling out up to two-billion doses of a coronavirus vaccine in September, it’s CEO said....

Satya Nadella donates $1.5M for racial equality

On the news of the George Floyd case, racism has popped up its head now and is making an impact and news in certain parts of the world. And on the other hand, COVID-19 is still grabbing attention. ...

Wipro joins hand with IBM to help clients accelerate their cloud journeys

Wipro announced a collaboration with IBM to assist Wipro customers embarking on a seamless and secure hybrid cloud journey. Through this alliance Wipro will develop hybrid cloud offerings to help businesses migrate, manage and transform mission-critical workloads and applications, with security across public or private cloud and on-premises IT environments....

Accenture announces completion of Gekko acquisition

Accenture has announced the completion of French Amazon Web Services (AWS) cloud services company – Gekko. ...

South Korea seeks arrest warrant for Samsung heir in succession probe

Samsung Group heir Jay Y. Lee is facing an arrest warrant in the investigation of a controversial 2015 merger and alleged accounting fraud in a suspected bid to aid his succession plans, South Korean prosecutors reported. ...

MHA government gives green signal to inter district travel in MMR

The Maharashtra government allowed inter-district movement of people within Mumbai Metropolitan Region (MMR) encompassing Mumbai city, Mumbai suburban, Thane, Palghar and a part of Raigad district....