As part of this partnership, Wipro said in a statement it will leverage its digital and quality engineering capabilities to drive transformation through automation, service virtualisation and DevSecOps enablement
Monthly Archives: July 2020
Apple reports unexpected earnings amid COVID-19, market shrugs off iPhone delays
Apple Chief Financial Officer Luca Maestri also confirmed supply chain rumblings that the new lineup of iPhones, usually released in late September, would face delays of a few weeks
‘Coronavirus vaccine progressing well, got good data,’ says AstraZeneca
AstraZeneca has already reached deals with countries to make more than 2 billion doses of its COVID-19 vaccine, developed in partnership with the University of Oxford, and says it could be approved by the end of this year
SBI share price gains nearly 3% ahead of Q1 earnings
SBI share hit intra day high of Rs 191.55, a rise of 2.68% on BSE
Huawei tops Samsung as biggest smartphone seller despite US govt sanctions
Huawei still faces U.S. government sanctions restricting its international business, but it has come to dominate its domestic Chinese market, said Canalys, which estimated that the company’s shipments in China rose 8 per cent in the April-June period
Amazon takes on Tesla; to invest $10 billion in satellite broadband plan
The announcement follows the Federal Communications Commission’s approval of the plan, called “Project Kuiper”, for the constellation of low-Earth orbit (LEO) satellites that will compete with the Starlink network being built out by Elon Musk’s SpaceX
Competition watchdog approves Adani Power’s 49% stake buy in Odisha Power Generation Corp
In June, Adani Power announced acquiring US-based The AES Corporation’s 49 per cent stake in OPGC for USD 135 million (around Rs 1,019 crore)
Karur Vysya Bank Q1 net profit shoots up 45% to Rs 105.5 crore as bad loans slump
The private bank bank had posted a net profit of Rs 72.92 crore in the corresponding quarter of previous fiscal year ended March 2020
Reliance Q1 results: O2C business revenue plunges 33% to Rs 25,192 crore; topline from oil & gas dips 45%
O2C business, which is set to be split as a separate division, saw revenue declining by 33 per cent YoY to Rs 25,192 crore, due to lower price realisations with disruptions in local and regional markets amid the COVID-19 outbreak
IndiGo blames COVID-19 and government for poor Q1 performance
IndiGo has daily cash burn of Rs 30 crore on the fixed costs side with variable costs on top of it. Low capacities are unable to cover the airline’s higher costs. If persists, the airline might have to take some harsh decisions