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Google promises better privacy tools, smarter AI assistant

Google promises better privacy tools, smarter AI assistant

Google announced new privacy tools on Tuesday intended to give people more control over how they’re being tracked on the go or in their own home, part of a broader effort by big tech companies to counter increasing scrutiny of their data collection practices.

The company also announced updates for its artificially intelligent voice assistant as well as a cheaper Pixel phone and a rebranding of his smart-home products.

AMUL disses consumer slowdown, says its customer base secure; MD Sodhi shares success formula

AMUL disses consumer slowdown, says its customer base secure; MD Sodhi shares success formula

Leading FMCG brand Amul is sure of its consumer growth amid reports of a slowdown in consumer staples market in the country, Amul MD R S Sodhi said on Tuesday. Attributing the success of its consumer staples growth to right pricing, Amul MD said that the key here is to price the products right, considering India is primarily a country of lower-middle-class people.

Siemens spins off struggling gas and power in smart digital shift

Siemens spins off struggling gas and power in smart digital shift

Siemens is spinning off its gas and power business, which has dragged on the German engineering firm’s performance as the rise of renewable power hits demand for gas turbines.

The new firm would be a “major player” in energy with revenues of 27 billion euros ($30 billion) and more than 80,000 employees, Siemens said on Tuesday, adding that it would now focus on its Digital Industries and Smart Infrastructure businesses.

Amazon offered jobs to Pentagon employees to get cloud contract: Lawsuit

Amazon offered jobs to Pentagon employees to get cloud contract: Lawsuit

At least two Pentagon employees were offered jobs at Amazon.com Inc. while working on the Defense Department’s $10 billion cloud contract, a lawsuit filed by Oracle Corp. alleges.

The amended complaint, made public on Tuesday, claims Deap Ubhi, a former employee at a high-level Defense Department technology unit, helped design the cloud contract in a way that was favorable to Amazon even after receiving “significant” job and bonus offers from the e-commerce giant.

Vodafone Idea slips 12%, hits new low as rights issue shares start trading

Vodafone Idea slips 12%, hits new low as rights issue shares start trading

Vodafone Idea shares hit a new low of Rs 13.65, down 12 per cent on Wednesday, declining 17 per cent in past two trading days on the BSE, on back of two-fold jump in trading volumes.

The stock of Aditya Birla Group Company fell below its previous low of 14.95 hit on April 4, 2019 in intra-day trade. A combined 135 million shares have changed hands till 11:23 am; as compared to an average 48 million shares, that were traded daily in past two weeks on the BSE and NSE.

L&T buys shares of Mindtree worth Rs 144 crore through open market

L&T buys shares of Mindtree worth Rs 144 crore through open market

Construction major L&T on Tuesday bought shares worth about Rs 143.70 crore of Mindtree through open market transactions.

According to the bulk deal data available with the NSE, the firm bought over 1.46 million shares, which is 0.89 per cent of Mindtree's share base, at an average price of Rs 979.93 a share. L&T on Monday purchased over 1.15 million shares worth around Rs 113 crore of Mindtree thorough the similar route. After these transactions, the current holding of L&T in Mindtree stands at 21.63 per cent.

How Amazon is strengthening its data storage capacity to leverage data localisation

How Amazon is strengthening its data storage capacity to leverage data localisation

Following Reserve Bank of India’s data localisation directive in January this year and government’s stringent focus on ensuring compliance with local payment data storage norms, world’s largest online retailer and Flipkart’s arch-rival in India Amazon is ensuring that it has enough data processing and storage capability in the country to remain a dominant technology player.

NHAI projects in Naxal areas: Challenges are endless for contractors

NHAI projects in Naxal areas: Challenges are endless for contractors

The Maharashtra killing of 15 specially trained policemen in a Naxal attack earlier this week may have become a "normal" occurrence for some in the left wing extremist areas, but there are some unsung heroes who have to keep the journey going.

YES Bank falls 5% as ICRA downgrades bonds rating

YES Bank falls 5% as ICRA downgrades bonds rating

Shares of YES Bank slipped 5 per cent to Rs 167 early morning trade on the BSE on Monday, after rating agency Icra downgraded the bank's tier-I and tier-II bonds and infrastructure debt on deterioration in the credit quality of large ticket borrowers.

The rating action, acccording to Icra, factored in further weakening in core equity (CET-I) capital cushion, due to voluntary provisions and consequent losses in Q4FY19.

Tata Motors may drop small diesel cars from its portfolio

Tata Motors may drop small diesel cars from its portfolio

Auto major Tata Motors may phase out small diesel cars from its portfolio as demand is expected to slow down due to upcoming BS-VI emission norms that would make such vehicles expensive, according to a senior company official.

Already, market leader Maruti Suzuki India (MSI) has stated that it would discontinue diesel models from April 1, 2020, when the BS-VI norms kick in, as it expects the increased cost would put most of the diesel cars, especially the smaller ones, out of reach of small car buyers.

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