Key Business News

To drive IT transformation, Metro Bank selects Wipro as strategic partner

BENGALURU: On Thursday, Wipro Limited announced that Metro Bank, a large UK-based retail and commercial bank, has awarded a multi-year contract to deliver and transform testing and environment management services. Wipro said in a statement that it will leverage its digital and quality engineering capabilities to drive transformation through automation, service virtualisation and DevSecOps enablement, […]

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The New Trend in Social Media Marketing has been created by CGI-Created Virtual Influencers

It’s tougher than ever for brands to stand out from the crowd, with more than 1 billion people using social media all over the world. One of the most noteworthy changes in marketing in the last decade is hence, the rise of the influencer. So, instead of the typical approach to influencers, some creative marketers

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Tesla Stock Reaches an All-Time High resulting in Elon Musk Surpassing Warren Buffett\’s Net Worth

Tesla stock continues to hit record highs. Warren Buffett, in the meantime, donated almost $3 billion of Berkshire Hathaway stock, making his riches shrink further. Elon Musk\’s wealth has officially surpassed that of Warren Buffett as on Friday, as per the Bloomberg Billionaires Index, powered by Tesla\’s skyrocketing stock price and a hefty donation from

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Sources: Google\’s $2.1 billion Fitbit deal faces EU antitrust probe

People familiar with the matter said on Thursday that Google\’s $2.1 billion bid for fitness tracker maker Fitbit will face a full-scale EU antitrust investigation next week. To help it target ads in an effort to address EU antitrust concerns, Alphabet Inc unit Google this month offered not to use Fitbit\’s health data. The introductory

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Saudi Aramco surpassed by Apple to become world’s most valuable company

The company’s strong earnings report to become the world’s most valuable publicly traded company was ridden by Apple, exceeding the state oil giant Saudi Aramco at Friday’s market close. A market valuation of $1.84 trillion was given to Apple, after its shares closed up 10.47% Friday. The most valuable publicly listed company since its market

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RS Prasad: Smartphones, components worth Rs 11.5 lakh crores to be produced in India in next 5 years

Ravi Shankar Prasad, Union Minister for Electronics and IT said, on Saturday that, under the Production-Linked Incentive (PLI) Scheme, mobile phones and components worth Rs 11.5 lakh crores will be produced in India in the next five years. While speaking for a press conference, Prasad said, “Under the Production-Linked Incentive Scheme, around 22 companies have

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Report: Indian smartphone market set to recover by 40% in 2nd half

According to a new report, the Indian smartphone market is now showing reassuring signs of stimulation that sets it on a potential course for market recovery for over 40 per cent in the second half this year, after going through disruptions in supply chain and curtailed domestic production. The mobile market will improve in mid-Q3,

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A distinct tale of two economic giants on the opposite sides of the Atlantic

Before the Corona Virus global outbreak, a conventional state of play prevailed in the enormous economies on the opposite sides of the Atlantic. Europe which is full of older people, and rife with bickering over policy appeared to be stagnant. The United States, governed by innovation and risk-taking, seemed ready to grow faster. But that

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3 Lessons to learn from Successful European Entrepreneurs in the U.S.

How can one make it in entrepreneurship despite all the hurdles of severe immigration laws, the language barrier and other challenges? United States, a land of opportunities, has always been a centre of attraction for entrepreneurs. It takes sleepless nights and endless working hours for these ambitious start-up founders from around the world just to

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