business

Sensex crashes over 1,100 points amid global spread of coronavirus; Nifty below 11,300

Top losers in the BSE pack include Tata Steel, Tech Mahindra, Bajaj Finance, Infosys, Mahindra & Mahindra and ONGC with their stocks falling as much as 5.31 per cent. On NSE, all sub-indices were trading in red with Nifty Metal and Realty sliding as much as 4.07 per cent.

Vivo to Stop Launching Online-Exclusive Phones in India Next Year.

FACEBOOK INDIA HEAD SAYS WHATSAPP PAYMENTS COULD BE DISRUPTIVE IN THE COUNTRY.

Maruti Suzuki cuts car prices, days after govt slashes corporate tax.

Pentagon reviewing $10 bn cloud contract sought by Amazon

Pentagon to review $10 bn cloud contract that Amazon seeks to win

The Pentagon has put off awarding a 10 billion cloud computing contract sought by Amazon, saying Thursday that the process will be reviewed by the newly-appointed defense secretary.

Aman Bhutani appointed as GoDaddy's new global CEO

GoDaddy on Saturday appointed Aman Bhutani as the company’s new global CEO

GoDaddy on Saturday appointed Aman Bhutani as the company’s new global CEO since the internet names and registrations management major’s current chief Scott Wagner decided to step down citing health concerns.

VMware appoints Pradeep Nair to lead India operations

Bengaluru, Global enterprise software leader VMware on Friday announced to appoint Pradeep Nair as vice president and managing director for its India operations.

Elon Musk discussing Tesla's absence in the Indian market

TESLA is still absent from the Indian market due to high import duties: Elon Musk

Breaking silence over his India plans, Tesla CEO Elon Musk has blamed high import duties on electric cars for blocking the entry of Tesla vehicles in the country. India has taken a slew of measures to promote the use of electric cars in the country. It recently slashed Goods and Services Tax (GST) on electric vehicles to five percent from the earlier 12 percent, but it levies high duty on imported vehicles to protect domestic automakers. “I’m told import duties are extremely high (up to 100 percent), even for electric cars. This would make our cars unaffordable,” Musk said late on Thursday while responding to a tweet from an Indian follower.

Spotify with 232 million global user growth

Spotify silent on India numbers, although it hits 232 million users globally

Swedish music streaming app Spotify now has 232 million monthly active users (MAUs)globally, a 29 percent increase year-on-year (YoY), along with 108 million premium subscribers which are also 31 percent (YoY) growth.

Williams: Apple's Potential Successor to Tim Cook for CEO Role

Williams is Apple’s best bet to replace Cook as CEO and keep the company on the growth path

Apple today is nearly a $1 trillion-dollar company and despite the global slowdown, has been able to not only maintain its growth trajectory but also diversified into services, entertainment and other verticals that are bringing in more moolah than its devices segment. Considered a “colourless, unimaginable drone”, Timothy Donald Cook who joined Apple at age 37 in 1998 has successfully proved he is a better CEO than late Steve Jobs.