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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.

Ashok Leyland hits 20-month low on growth concerns

Ashok Leyland hits 20-month low on growth concerns

Shares of Ashok Leyland continued under pressure, hitting a 20-month low of Rs 86.55 apiece, down 4.5 per cent on the BSE, on concerns of a slowdown in vehicle sales.

The market price of the country's second largest commercial vehicle (CV) manufacturer was trading at its lowest level since May 25, 2017.

Maruti Suzuki commences bookings for updated version of Baleno

Maruti Suzuki commences bookings for updated version of Baleno

The country's largest carmaker Maruti Suzuki India (MSI) Tuesday said it has commenced bookings for an updated version of its premium hatchback Baleno.

The new Baleno can be booked with an initial payment of Rs 11,000, MSI said in a statement.

Bajaj Auto launches new brand identity ‘The World’s Favourite Indian’

Bajaj Auto launches new brand identity ‘The World’s Favourite Indian’

Bajaj Auto Ltd released its new brand identity on Monday — “The World’s Favourite Indian” to announce its dramatic transition from a domestic scooter maker to a global motorcycle maker.

Commenting on company’s journey, Rajiv Bajaj, Managing Director, said, “Our international performance is validation of our strategy of focus and differentiation.

ONGC share buyback to open Jan 29, closes Feb 11

ONGC share buyback to open Jan 29, closes Feb 11

State-owned Oil and Natural Gas Corp’s (ONGC) Rs 4,022 crore share buyback programme will open on January 29 and close on February 11, the company said in its offer letter to shareholders.

ONGC’s board had on December 20 approved buyback of 25.29 crore shares for Rs 159 apiece as part of the Government plan to get cash-rich PSUs to part with their surplus.

Govt may cut customs duty on some medical devices

Govt may cut customs duty on some medical devices

The Government may consider reducing customs duty on certain medical devices in the forthcoming budget with an aim to boosting domestic manufacturing of such goods, sources said.

The move would also help promote the Government’s ambitious Make in India initiative, said the source.

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