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Avaloq's Acquisition by NEC Successfully Completed
Avaloq, a Swiss-based global leader in digital banking solutions and wealth management technology, and Japan-based NEC Corporation today announced the closing of NEC's acquisition of Avaloq. Each being a market leader in their own field, the combination of their shared vision...
COVID-19 expedites India's focus on innovation within pharma
The COVID-19 pandemic has pushed India to expedite focus on pharma research and development (R&D) to become more independent. The hope of getting indigenous COVID-19...
114 arrested in a special drive conducted by GST officials
Fake invoices of GST amounting to over ₹11,500 crore have been detected by GST officials in a near month-long nationwide drive....
Info Edge hits high records in 2020
Info Edge stock has hit a high record and has clocked in gains of >70% in 2020 itself. The stock has been the third-best gainer on the Nifty IT index....
Govt must incentivise investments in telecom infra, make spectrum affordable, says Nunzio Mirtillo
Ericsson has urged the Indian government to incentivise investments in India's telecom infrastructure sector, speed up spectrum availability and make spectrum prices affordable. Nunzio Mirtillo, Head of Market Area South East Asia, Oceania and India, at Ericsson speaks in the India Mobile Congress Virtual summit....
QRMP scheme for GST payers
Quarterly Return filing & Monthly Payment of Taxes (QRMP) scheme for small taxpayers has recently been launched by the government, under the GST system. Taxpayers with an aggregate annual turnover of up to Rs 5 crore in the preceding financial year and have filed their October GSTR-3B (sales) return by November 30, 2020, are eligible for this scheme....
Salesforce to acquire Acumen solutions to enhance the reach
Salesforce has announced to acquire Acumen Solutions. The amount of the deal was not disclosed....
Jio plans to launch low-cost 4G Android smartphone
Reliance Jio in collaboration with Google is set to launch its anticipated Android-powered entry-level phone sometime in the first quarter of 2021, according to a report. The said phone was earlier speculated to arrive as early as December....
Google Pay inks collaboration with Qwikcilver to issue real-time virtual gift cards to users
Google Pay in collaboration with Qwikcilver has launched its Spot on Google Pay’s Spot Platform, which allows merchants to create branded commercial experiences within its app. Qwikcilver launched the Woohoo virtual gift card store on Google Pay...
Foxconn hit by ransomware, $34 million ransom claimed
Foxconn has suffered a ransomware attack at a Mexican facility over the Thanksgiving weekend, where attackers stole unencrypted files before encrypting devices....