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Stocks in news: IndiGo, Suzlon Energy, Patanjali Foods, PB Fintech, VedantaMarkets experienced significant volatility on Friday, with indices falling in the final hour due to heavy institutional selling. Several co...- Cyient to acquire Tao Digital in $218 million all-cash dealMid-tier engineering services provider Cyient is acquiring US-based Tao Digital Solutions for $218 million in an all-cash deal. This strate...
- Wipro bags Alpha Net client contracts in $71-million dealThe acquisition will give Wipro access to a set of key clients, customer contracts and related employees from Alpha Net Group. The deal als...
- Oracle, Salesforce announce massive layoffs in US as tech job cuts deepen. Check worst-hit departmentThe layoffs in the tech sector has continued and Oracle and Salesforce are the latest companies to announce massive layoffs in the US. Both...
- The untold story that you must know about Nvidia’s $920 million headquarters in Santa ClaraNvidia GPU-powered Santa Clara headquarters: Nvidia's Santa Clara headquarters is more than just a tech campus. The 920 million dollar deve...
- Intel cuts over 500 jobs in Oregon as part of layoff planThe Oregon job reduction will hit facilities in Aloha and Hillsboro starting on July 15, Intel said in a regulatory filing. The layoffs are...
- Apple spends half a billion dollars on California real estate in a week — is Tim Cook planning something big?Apple has acquired a major two-building office campus in Sunnyvale for an impressive $350 million, according to county records filed on Jun...
- Intel to reduce headcount; shuts down automotive chip divisionIntel is implementing workforce reductions as part of a restructuring effort, which includes the closure of its automotive chip division. T...
- Silicon Valley Bank collapse: What you need to knowU.S. authorities launched emergency measures on Sunday to shore up confidence in the banking system after the failure of Silicon Valley Ban...
- Silicon Valley Bank shut down by regulator as depositors pull cashSilicon Valley Bank had about $209 billion in total assets and about $175.4 billion in total deposits, as of Dec. 31, 2022.
- Flipkart's Nitin Seth joins tech services company Incedo as CEOSeth had put in his papers earlier this year at Flipkart where he was in charge of logistics unit Ekart besides corporate func tions like s...
- Digital solutions firm UST acquires Accrete Hitech SolutionsThe acquisition of Accerete Hitech Solutions will allow UST to offer a broad range of IT and product engineering solutions and services.
- FutureTech completes acquisition of big data firm Ellicium SolutionsFounded in 2005, FutureTech is an IT and IT-enabled services firm with a presence in the healthcare, financial and technology sectors.
- Apple's security chief accused of bribery in US gun-permit probeApple said it had conducted its own investigation and found no wrongdoing.
- AI startup Observe.AI gets $8 mn funding led by Nexus Venture PartnersThe series A round also saw participation from MGV, Liquid 2 Ventures, Hack VC and existing investors -- Emergent Ventures and Y Combinator...
- Odisha signs MoU with TiE Silicon Valley to attract investmentThe Odisha government has signed an agreement with the TiE Silicon Valley as part of its efforts to develop the state as an IT hub and attr...
- Revenue to grow double digits: Intel CEOIntel CEO Paul Otellini says the company's revenue and net income per share should see a percentage increase in the low double digits over ...
- Infosys partners with Nvidia, to set up technology centreSoftware major Infosys Technologies and Nvidia, world leader in visual technologies and inventor of Graphics Processing Unit,(GPU) announce...
- Intel CEO: `So far, so good' in Q2Intel Corp's chief executive said Tuesday that chip orders have been ``a little better than we expected'' so far in the second quarter, a s...
- Intel memory chip prices drop double projection-CEOIntel Corp Chief Executive Paul Otellini said on Wednesday the company has seen price erosion for certain memory chips in the first quarter...
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