Software Financial News

13.07 / 08:40
markets UPS Strategy Software pandemic reports US new-vehicle sales barely rose in the second quarter as buyers balked at still-high prices
U.S. new-vehicle sales rose only slightly in the second quarter, despite larger discounts and slightly lower prices
13.07 / 08:25
security Software show audience rock information International TV personality Carlos Watson testifies in his trial over collapse of startup Ozy Media
Former TV host Carlos Watson has taken the witness stand in the criminal trial surrounding the collapse of his Ozy Media
13.07 / 08:20
markets Citi Manufacturing Software Metro performer country Alstom promoting 'Make in India' initiative globally: CEO Henri Poupart-Lafarge
Mint, Alstom chief executive Henri Poupart-Lafarge detailed the company's plans to scale up domestic operations and promote the 'Make in India' initiative globally. This will soon include exporting electric locomotives made at its joint venture facility in Madhepura, Bihar. The goal is to boost both domestic and export revenues in India to over 1 billion euros (approx ₹xxx crore).
13.07 / 08:14
Target Software DiRT War track donates Ukraine brings AI weapons to front lines
To demonstrate it, Oleksii Babenko, 25, Vyriy's chief executive, hopped on his motorcycle and rode down a dirt path. Behind him, a drone followed, as a colleague tracked the movements from a briefcase-size computer. Until recently, a human would have piloted the quadcopter. No longer. Instead, after the drone locked onto its target — Mr. Babenko — it flew itself, guided by software that used the machine's camera to track him.
13.07 / 08:04
Provident Software FLEX Infinity cover Features Samsung Galaxy Z Fold 6, Z Flip 6 launched in India at Unpacked 2024 event: Check price and specifications
Galaxy Z Fold 6 and Z Flip 6 are powered by the custom Snapdragon 8 Gen 3 Mobile Platform, designed specifically for Samsung. This chipset, combined with 12GB of RAM, promises superior performance and efficiency.
13.07 / 08:02
security Software WhatsApp Omni Trade Sensex falls! These stocks are down 5% or more on BSE
On the BSE, Raymond(down 36.24 per cent), Diggi Multitrade(down 13.09 per cent), Labelkraft Tech(down 10.29 per cent), Omni Axs Software (down 9.97 per cent) and Kiran Syntex(down 9.37 per cent) were among the stocks that plunged over 5 per cent during the session.
13.07 / 07:52
markets Provident Digital Manufacturing Platform Software Trade These 5 fundamentally strong stocks are near their 52-week lows. Should you buy?
fair value of a stock, many believe that price history should be given the highest importance. This view operates on the premise that whatever you know is already known to the market and has been factored into the price. However, it would be incorrect to assume that the price correctly reflects every development in a company.
13.07 / 06:08
UPS FIVE Action Software show reports HCL Tech net profit up 6.8% QoQ at Rs 4,257 crore; surpasses estimates
HCLTech, India's third largest software exporter, reported a 6.8% sequential growth in net profit at ₹4,257 crore, beating ET's analyst poll estimates of ₹3,745 crore. A fatter bottom-line came largely on the back of a spike in non-core income in the June quarter otherwise marked by sluggish demand. Revenues and margins declined sequentially. The company's EBIT came at ₹4,795 crore, down 4.4% QoQ & up 7.5% YoY.
13.07 / 05:07
markets UPS Digital Manufacturing Mobile Software country India to be deep tech powerhouse and big part of Siemens' game plan
Siemens AG aims to more than double the share of software and digital services in sales to 20%, and India will play a key role in this strategy, chief executive officer Roland Busch told ET in an interview. The German conglomerate has become the world's largest industrial software company, pivoting from legacy industrials and manufacturing. «India was traditionally known for offshoring software and engineering products… the company is now looking at more of deep technology and development of core products,» Busch said. «We believe that the DNA of Siemens is technology, and this is where the value of Siemens sits.» This part of the business is relatively small but growing rapidly, the CEO said. «We are currently sitting on₹6.5 billion of software and digital business revenues out of a total ₹75 billion for the group. So there's still a way to go, but this part grows faster,» said Busch.
13.07 / 04:51
UPS Target Software Research performer reports HCL Tech revenue slips in Q1, retains weak FY25 projection
TCS too received a big boost from a $1.83-billion network project that it is executing for Bharat Sanchar Nigam Limited (BSNL). A senior equity analyst at a Mumbai-based brokerage firm said the company’s performance was “better than expectations." “There is a clear environment of weakness in the industry, and recovery has not panned out as yet. On overall terms, HCL’s business has strong foundations, and we saw its resilience clearly in the last fiscal.
13.07 / 03:55
UPS CEO Airlines Software Trade performer rights Southwest Air adopts 'poison pill' as activist investor Elliott takes significant stake in company
Southwest Airlines has adopted a ‘poison pill’ following activist investor Elliott Investment Management taking a significant stake in the company
13.07 / 03:47
Provident Google CEO Analysis Software SpaceX band Want a satellite picture of your backyard? Bengaluru start-up offers you a chance
Pixxel plans to unveil an online software suite to browse through images of earth captured by its satellites and also order customised pictures. In an interaction with PTI editors, Pixxel Space Chief Executive Officer and co-founder Awais Ahmed said the start-up's earth observation studio ' Aurora' was part of efforts to make space-based data accessible to the common person for a small fee. Pixxel's earth observation studio is expected to go live later this year and make the hyperspectral images of the earth taken by its satellites and data analysis accessible to everyone.
13.07 / 03:43
Digital Software Bitcoin Department rights US Sen. Cynthia Lummis: Bitcoin Reserve Can Keep Dollar Strong
United States Senator Cynthia Lummis (R-WY) says maintaining Bitcoin in reserve could support the strength of the U.S. dollar.
13.07 / 03:13
Software Photos reports testing Videos Updates Samsung Galaxy S24 Ultra to get key camera enhancements in upcoming software update: Report
August update is set to improve several camera functionalities. These improvements include enhancements in white balance, HDR optimization, and the reduction of image and video overprocessing.
13.07 / 03:12
UPS Entertainment Software performer Features rights Lenovo Legion Go review: A bold leap into handheld PC gaming, but is it a smooth landing?
SpecificationDetailsPulling the Legion Go from its box, you're immediately struck by its size. This isn't any pocket-sized plaything. It's a hefty handheld, measuring about 11.8 x 5.15 x 1.61 inches and weighing in at around 840 grams.
13.07 / 03:03
markets UPS FIVE Software show reports HCLTech Q1 net profit up 6.8% at Rs 4,257 crore; beats estimates
HCLTech, India’s third largest software exporter, reported a 6.8% sequential growth in net profit at Rs 4,257 crore, beating ET’s analyst poll estimates of Rs 3,745 crore. A fatter bottom-line came largely on the back of a spike in non-core income in the June quarter otherwise marked by sluggish demand. Revenues and margins declined sequentially. The company’s EBIT came at Rs. 4,795 crore, down 4.4% QoQ & up 7.5% YoY.
13.07 / 01:30
UPS Software students AMD performer reports Features Best laptops for graphic designers: Bring your designs to life with top 8 options
What buyers are saying on Amazon:Customers rave about the MacBook Air's efficiency, beautiful display, and seamless integration with other Apple devices. Some users have found it powerful enough to handle demanding design software like Flutter, Android Studio, and Figma.Why choose this product:If you're a graphic designer who values portability, a stunning display, and a seamless Apple ecosystem experience, the 2022 MacBook Air with M2 chip is a top contender.
13.07 / 01:11
Airlines Software Boeing Justice cover Department Courts Boeing accepts a plea deal to avoid a criminal trial over 737 Max crashes, Justice Department says
The Justice Department says Boeing has agreed to plead guilty to a criminal fraud charge stemming from two deadly crashes of 737 Max jetliners
13.07 / 01:03
Digital Aviat Platform Airlines Software Bill travelers Air India selects IBS Software's iCargo platform to support expansion of its cargo operations
travel industry to digitally transform its expanding air cargo operations. According to an IBS Software statement here on Tuesday, Air India has chosen IBS Software's iCargo solution to support its growth plan and commitment to the airline's ongoing digital transformation. «IBS Software's fully integrated iCargo solution will enable Air India to digitise end-to-end cargo management, allowing seamless integration of numerous cargo operations, from sales to billing within a single, integrated platform. This will empower Air India to streamline processes and enhance decision-making capabilities,» it said. This partnership comes at a time when Air India has embarked on a significant digital transformation of its core businesses across passenger services, fleet, and cargo operations.
13.07 / 00:27
COST UPS Platform Airlines Software Food show The hard lessons of lifetime subscriptions
A lifetime subscription sounds like a great deal. It isn’t always. One-time payments with forever benefits are attractive to consumers looking to escape the sea of endless subscriptions, from streaming services to food delivery.
13.07 / 00:17
Provident Google Platform Software WhatsApp Bill Broadcasters move NCLAT against Google fees on apps
IBDF), a body of television broadcasters and OTT platforms, Friday sought relief from the National Company Law Appellate Tribunal (NCLAT) against an interim order by the antitrust regulator that had refused to restrain Google from imposing service fees on app developers. The Competition Commission of India (CCI) had in March refused to grant the applicant and some others interim relief from Google's app payment policies until it reached a final verdict. The IBDF's counsel has now urged the NCLAT to stop Google from collecting fees on the transactions of apps listed on the Google Play Store, including for paid app downloads and in-app purchases.

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