Federal services provider CSRA partners with Google Cloud

Mar 22 2018

CSRA Inc, the target of rival bids from General Dynamics and CACI International Inc, said on Thursday it had partnered with Alphabet Inc’s Google Cloud.

Tech giants express concern over Singapore plan to fight fake news

Mar 22 2018

Tech giants expressed concern about a possible Singapore plan to bring in a new law to tackle the threat of fake news, saying sufficient rules are already in place.

Slack Technologies builds engineering team to combat outages

Mar 22 2018

Slack Technologies is building a safety engineering team that will develop methods to help reduce the disruptions that have been more frequent on Slack’s service.

Apple nearly doubles self-driving fleet in California

Mar 21 2018

Apple has expanded its self-driving car programme rapidly and now has 45 autonomous vehicles registered with California's Department of Motor Vehicles.

China smartphone makers join hands on apps, pose threat to WeChat

Mar 21 2018

China’s biggest smartphone makers are collaborating to promote download-free “fast apps”, likely to threaten Tencent’ grip on mobile traffic with WeChat app.

EU to unveil plan to tax turnover of big US tech firms

Mar 21 2018

European Commission will propose rules designed to make digital companies pay their fair share of tax and set to hit U.S. tech giants such as Google and Facebook.

Google to let users shop through Search, Assistant

Mar 20 2018

Google announced the launch of "Shopping Actions" that gives users an option to shop products on its virtual assistant.

Micromax invests in AI based startup One Labs

Mar 19 2018

Micromax said it has invested in a consumer technology and AI based startup 'One Labs', which has developed chat bot like Apple's Siri and Google Assistant.

Twitter was likely to ban cryptocurrency ads: Report

Mar 19 2018

After Facebook and Google, Twitter was now likely to ban cryptocurrency, token sales and Initial Coin Offerings (ICO) advertisements on its platform.

Precautions must while sharing Aadhaar number online: UIDAI

Mar 17 2018

The UIDAI asked people to take "due precautions" while sharing their personal information such as Aadhaar on the internet for availing any service.

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Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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