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Sensex, Nifty start on a cautious note on mixed global cues

Sensex, Nifty start on a cautious note on mixed global cues

Benchmark equity indices started on a cautious note, staging a moderate recovery in early trade Wednesday, following tepid sentiment in other Asian markets.

A stronger rupee against the dollar and easing crude prices also influenced market sentiment.

Lodha Group to buy back dollar bonds, cut debt

Lodha Group to buy back dollar bonds, cut debt

Real estate developer Lodha Group's subsidiary Lodha Developers International has announced a buyback programme for its senior dollar denominated bonds that are due in the year 2020.

For the buyback transaction, Lodha Developers International has entered into an arrangement with J P Morgan Securities PLC to commence the buyback programme for repurchasing on its behalf,

Is merging Air India and Jet Airways the way to save the sinking airlines?

Is merging Air India and Jet Airways the way to save the sinking airlines?

To have one airline limping forward on the brink of bankruptcy may be regarded as a misfortune. To have two looks like carelessness.

That’s the fundamental problem for India’s aviation industry, home to the critically ill Jet Airways India Ltd. and its state-owned rival Air India Ltd., which more or less died in 2012 but has been kept on life support thanks to ongoing infusions of taxpayer cash.

Google spends record $21.2 mn on US lobbying amid anti-trust, bias battles

Google spends record $21.2 mn on US lobbying amid anti-trust, bias battles

Alphabet Inc's Google disclosed on Tuesday that it spent a company-record $21.2 million on lobbying the United States government in 2018, topping its previous high of $18.22 million in 2012, as the search engine operator fights wide-ranging scrutiny into its practices.

Google said in a quarterly disclosure to Congress that it spent $4.9 million on lobbying activities during the fourth quarter, slightly above $4.4 million in the same period a year ago.

New tariff order by Feb 1 or full blackout: Trai to cable, DTH operators

New tariff order by Feb 1 or full blackout: Trai to cable, DTH operators

Despite repeated assertions by the Telecom Regulatory Authority of India (Trai), the implementation of the new tariff order is proceeding at a sluggish pace. Sources in the know reveal that less than 50 per cent of the consumers’ choice has been recorded across cable-digital and direct-to-home (DTH) platforms.

Wipro hits highest level since March 2000; jumps 12% in seven days

Wipro hits highest level since March 2000; jumps 12% in seven days

Shares of Wipro hit a near two-decade high of Rs 353 apiece, gaining 2 per cent on the BSE, as analysts expect the company to post better revenue growth in FY20 led by continued momentum in large deal wins, robust digital growth and continued growth in BFSI (banking, financial services and insurance) and other verticals. The stock of IT services firm was trading at its highest level since March 8, 2000.

Microsoft seeks to restrict abuse of its AI-based facial recognition tech

Microsoft seeks to restrict abuse of its AI-based facial recognition tech

Microsoft Corp. is planning to implement self-designed ethical principles for its facial recognition technology by the end of March, as it urges governments to push ahead with matching regulation in the field.

The company in December called for new legislation to govern artificial intelligence software for recognizing faces, advocating for human review and oversight of the technology in some critical cases, as a way to mitigate the risks of biased outcomes, intrusions into privacy and democratic freedoms.

Light, medium, heavy: Is Isro working on 3 reusable rocket designs at once?

Light, medium, heavy: Is Isro working on 3 reusable rocket designs at once?

The Indian Space Research Organisation (Isro) is working on at least three different designs of reusable launch vehicles at the same time.

Together with its endeavours to increase the number of objectives per mission and deploy purpose-built rockets, it seems like Isro wants to secure a competitive advantage as quickly as possible in all segments of the launch services market: light, medium and heavy.

Paytm Mall Republic Day Sale: Grab cashback on iPhones, up to 80% off on these items; check details

Paytm Mall Republic Day Sale: Grab cashback on iPhones, up to 80% off on these items; check details

Paytm Mall on Tuesday announced ‘Republic Day Sale’ which offers exciting discounts and cashback to the buyers. The attractive deals can be availed by the customers until January 26. The customers can buy laptops, sports shoes, smart TVs, headphones, home appliances and others in the sale.

Up to Rs 8,000 cashback can be availed on the purchase of iPhones using the offer, the company said in a statement.

How Microsoft CEO Satya Nadella wants technology to address key aspects in life

How Microsoft CEO Satya Nadella wants technology to address key aspects in life

Microsoft CEO Satya Nadella on Tuesday asked world leaders to ensure that technology addresses the challenges facing humanity, including access to education and healthcare. Address a press conference here as a co-chair of the World Economic Forum Annual Meeting 2019, the Indian origin business leader said computers have become embedded in the fabric of everyday life.

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