Business – Page 356 – Asian News from UK

Pramod Mittal: Britain’s biggest bankrupt

Steel tycoon Pramod Mittal has gone down into depths of unprecedented financial liabilities after a financial deal guaranteed by him collapsed. Pramod, who spent 50 million pounds on his daughter’s wedding in

October 23, 2020

Business·UK News

Cognizant takes over Industrial IoT player Bright Wolf

Information technology company Cognizant on Thursday announced to acquire Bright Wolf, a technology services provider specialising in custom Industrial Internet of Things (IIoT) solutions, for an undisclosed sum. With the close of

October 22, 2020

Business·Tech LITE

Dr Reddy’s Labs hit by cyber attack as ‘Sputnik’ trials begin

One of Indias largest pharma companies, Dr Reddys Laboratories has been hit by a cyber-attack and has isolated its data services. Dr Reddy’s said in a statement, “In the wake of a

October 22, 2020

Business·India News·Tech LITE

OPEC production cuts to go beyond December

Oil cartel OPEC may decide on extending the existing level of production cuts beyond December to keep the crude price stable next year. The chances are high as the extended run of

October 22, 2020

Business·Economy

Global IT Spending Will Jump To $3.8 Tn In 2021: Gartner

Worldwide IT spending is projected to reach $3.8 trillion in 2021, an increase of four per cent from this year, according to a forecast by Gartner on Wednesday. IT spending in 2020

October 22, 2020

Business

Khadi launches footwear range, eyes global market

Eyeing on the Rs 50,000 crore footwear market in India, Khadi Village Industries Corporation (KVIC) on Wednesday launched a range of footwear for men and women made of Khadi fabric and said

October 21, 2020

Business

Kia Sonet gets over 50K bookings

Kia Motors India on Wednesday said its recently-launched compact sports utility vehicle (SUV) Sonet has got 50,000 bookings. In a statement, Kia Motors India – a wholly owned subsidiary of Kia Motors

October 21, 2020

Business·Motoring

By 2025, 87 million jobs will give way for machines: WEF

Displacement of around 87 million jobs is expected in the coming years due to shift from human labour to machines, a report by World Economic Forum (WEF) has said. The ‘Future of

October 21, 2020

Business·Tech LITE

FDI inflows to India witness 13% growth

FDI inflows into India have increased by 13 per cent during April to August 2020 on a year-on-year basis, official data showed on Tuesday. According to the Ministry of Commerce and Industry,

October 21, 2020

Business

Snapchat registers 52% growth in revenues

Snapchat saw its daily active user base jump to touch 249 million, from 238 million in last quarter, as the company registered a 52 per cent increase in revenue at $679 million

October 21, 2020

Business

Business - Page 356