The Telecom battle between Airtel and Reliance Jio become more intense as Bharti Airtel acquires Tikona’s 4G spectrum
Mar23

The Telecom battle between Airtel and Reliance Jio become more intense as Bharti Airtel acquires Tikona’s 4G spectrum

On Thursday, Bharti Airtel signed the agreement with Tikona Digital Networks to acquire the Tikona’s 4G business for a price of 1600 crores. This deal also includes the acquisition of Tikona’s Broadband Wireless Access (BWA) spectrum and 350 sites in five telecom circles. The latest move of Airtel would further intensify the battle between Reliance Jio and Airtel. After this agreement, Airtel will now have 30 MHz in 2300...

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Amit Agarwal stated that Amazon wants to become everything for everyone
Mar22

Amit Agarwal stated that Amazon wants to become everything for everyone

The Times of India stated that the World e-commerce giant Amazon would continue to focus on every geographical segment of the Indian online retail market. Amit Agarwal, Amazon’s India head said that the main aim of the firm is to become everything fo everyone. The statement comes in few days after the home-grown rival Flipkart said that they would focus on country’s vast hinterland and smaller cities as it is the future...

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Sensex today ends lower; banking, pharma face pressure
Mar21

Sensex today ends lower; banking, pharma face pressure

Sensex today stayed in the state of weakness for the second consecutive day due to pressure by banking and pharma stocks. Data’s shows that domestic investors are net sellers on Monday proved to be a dampener. According to traders, the market is in a stage of consolidation after the increasing scaling record followed by BJP’s mammoth win in Uttar Pradesh and Uttarakhand and the development of government in Manipur and Goa....

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Cognizant likely to lay off more than 6000 employees on this year
Mar20

Cognizant likely to lay off more than 6000 employees on this year

From the reports of Times of India, the Cognizant Technology Solutions are likely to lay off at least 6,000 employees on this year. The US-based IT company which has the Primary workforce in India is liable to cut down the number of the employee by 2.3%. The Cognizant spokesperson stated that the move is a company’s regular appraisal cycle and the underperformer peoples are likely to be fired. He also said that “As part of...

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The legal challenge to Trump’s travel ban has been skipped by the Apple, Google, Facebook
Mar16

The legal challenge to Trump’s travel ban has been skipped by the Apple, Google, Facebook

Apple Inc, Google Inc, and Facebook Inc are among the 60 major technology companies backed away from the legal fight against the U.S President’s Donald Trump’s controversial travel ban. They decided not to put their weight behind the seeking of the Lawsuit to block the second version of Trump’s executive order. Last Tuesday, a legal brief was filed in the federal court of Hawaii on behalf of Silicon Valley Companies...

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