Software Financial News

25.07 / 20:01

Booking Manufacturing Platform Mobile Software Align electronic Mahindra & Mahindra restructures sourcing unit to ensure faster supply

strategic sourcing unit (SSU) to ensure faster supplies of parts to its automobile and tractor businesses with a heightened focus on electrical, electronic components and software, the company said in an internal circular to its employees. «The re-organisation will help the firm streamline the sourcing function and service each of the business units better,» said a person privy to the restructuring declining to be identified.

25.07 / 19:13

Aware Mobile Software Highways cover GPS-based tolling plan faces privacy concerns, delays

NEW DELHI : The government’s plan to implement a GPS-based tolling system on highways to ensure smooth payments and vehicle movement on national highways has triggered privacy concerns, delaying its launch. Officials at the ministry of road transport and highways (MoRTH) are discussing ways to tackle privacy concerns surrounding the proposed tolling system and are seeking legal advice on potential amendments to existing legislation, including the Motor Vehicles Act, to enable technology-based tolling, two people aware of the development said.

25.07 / 19:11

COST UPS Software Enterprise track Some insurers gave fake bills when quizzed on ITC: Probe

GST) evasion by up to 30 insurers has found that in certain cases, the companies submitted hurriedly made invoices to contest charges of wrongful input tax credit claims by the authorities, sources in the know told ET. «In the case of a major insurance firm summoned during the course of the probe, the executives tried to submit fake e-way bills raised by its vendors to claim the input tax credit,» said an official privy to the development. «When confronted with the audit findings, the company agreed to pay at least half the GST demand.» GST E-way bill is a document used to tracking goods in transit, and datasets are triangulated with costing entries in the enterprise software systems to establish the authenticity of input credit claims.

25.07 / 18:47

Target Mobile Software HSBC Take-Two Threat Take-Two's GTA 6 a 'likely winner' - EA's FIFA break-up a potential long-term threat, says HSBC

HSBC initiated Take-Two Interactive Software (NASDAQ:TTWO) with a Buy rating and $170 price target and Electronic Arts (NASDAQ:EA) with a Hold rating and $128 price target in a note to clients Tuesday.

25.07 / 14:19

Blockchain Software Browser Web3 cybersecurity startup Zyber 365 raises $100 million in funding from SRAM & MRAM Group

Web3 cybersecurity startup Zyber 365 said on Tuesday that it has raised $100 million at a $1.2 billion valuation from UK-based SRAM & MRAM Group. The company, founded in May this year, is headquartered in London with an operational base in India. Zyber 365 plans to make India the hub of its operations, it said in a statement.

25.07 / 12:47

Twitter Platform Software LinkedIn social Meet two Zomato delivery boys. One just cleared Tamil Nadu Public Service Commission exam. Another is a techie

Zomato has cleared the Tamil Nadu Public Service Commission Exam. «Drop a like for Vignesh, who just cleared Tamil Nadu Public Service Commission Exam while working as a Zomato delivery partner,» the company posted on its Twitter handle, while also sharing Vignesh's photo with his parents. Since being posted about 24 hours ago, it was been viewed over 1 lakh times.

25.07 / 12:47

Platform coinbase Adobe Software Deal Adobe's $20-billion Figma deal faces full-scale EU antitrust probe

Adobe's $20 billion bid for cloud-based designer platform Figma will face a full-scale EU antitrust investigation following EU regulators' preliminary review, people familiar with the matter said on Monday. The move underscores antitrust watchdogs' wariness of tech deals where bigger companies may acquire rival start-ups to shut them down.

25.07 / 09:37

Amazon Microsoft Software TCS Shell electronic NIT Rourkela sees highest number of job offers; 24 graduates receive package over ₹50 lakh per annum

Hindustan Times. About Twenty four graduates received an annual package of more than ₹50 lakh of which eight graduates of them received package of ₹52.89 lakh per annum, the institute informed.

25.07 / 09:29

Provident Target Booking Strategy Software stage stake IFM’s private equity unit closes in on stake in Tally Group

IFM Investors’ growth private equity team has found a new target it likes in the utilities-focused software business Tally Group.

25.07 / 08:27

UPS MET Career Software show Inside From First Republic to Turkey's 1st female central bank head, Erkan has come a long way in her career

real estate lender called Greystone alongside its founder. Her resignation after a few months late last year opened the door to her role shepherding an economy an ocean away. ‘Best Student’ Erkan has now returned to where her ascent began.

25.07 / 07:57

CEO Platform Racing Software Enterprise Sonata Software joins AI race, launches Harmoni.AI

artificial intelligence (AI). In a statement, the company says that generative AI represents one of the latest advancements in artificial intelligence. By leveraging vast training datasets and neural network technology, AI models are capable of generating original, human-like content.

25.07 / 07:25

Blockchain Provident Digital Platform Software Pool Enterprise INX to Tokenize and List Casper Labs Equity on Regulated ATS Platform

Accordint to Blockchain.News, INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF), a US-regulated broker-dealer, ATS, and transfer agent, announced on July 19, 2023, that it will tokenize and list the equity of Casper Labs, a leading enterprise blockchain software provider.

25.07 / 06:37

Software Celebrity show star audience Infosys founder Narayana Murthy shares insights on humility and fame, sparks discussion on celebrity etiquette

Infosys founder Narayana Murthy discusses the importance of humility and public interaction, using a recent encounter with Bollywood star Kareena Kapoor as an example. During a discussion at IIT-Kanpur, Murthy expressed his surprise at Kapoor's lack of acknowledgment towards her fans when they approached her during a flight from London to India. While the billionaire businessman believed in reciprocating affection from admirers, his wife Sudha Murty defended Kapoor, attributing her behavior to the fatigue of constant stardom.

25.07 / 05:49

Provident Apple Software Apple releases iOS 16.6 for iPhone users. Here are key things to know about the latest iOS update

iPhone users, along with corresponding updates for other devices. The latest software release features "important bug fixes and security updates," as stated in the release notes. All users can now access the new software updates starting today.

24.07 / 21:33

Software NXP Whirlpool pop Stocks making the biggest moves after hours: NXP Semiconductors, Whirlpool and more

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24.07 / 17:37

UPS Provident Lowe's Digital Platform Software stake Mukul Agrawal slashes holding in Newgen Software. Picks up stake in this multibagger

Newgen Software Technologies to 1.14% or 800,000 shares in the quarter ending June. The investor also picked up 1.34% stake amounting to 11,26,765 equity shares in Zen Technologies during the reported quarter. Shareholding trend of individual investors reflects in the ‘Shareholding Pattern’ of BSE listed companies on reaching 1% stake or above in the company.

24.07 / 17:21

Provident MET Google Merit Software Comcast Google owes $338.7 million in Chromecast patent case, US jury says

By Blake Brittain

24.07 / 15:59

Waves Amazon Aware CEO Action Software Future Salesforce CEO shares his predictions for AI and the future of work

Salesforce founder Marc Benioff is among the few tech pioneers who is also still CEO at a groundbreaking company born in the 1990s

24.07 / 15:35

Provident Target FIVE CEO Software record high Becton Dickinson shares hit record high after Alaris Infusion System fully cleared by FDA

Shares of Becton Dickinson (NYSE:BDX) climbed after its updated Alaris Infusion System received 510(k) clearance from the U.S. Food and Drug Administration, allowing it to return to full commercial operations. Alaris was previously restricted in the U.S. except for under medical necessity, and the change is seen as a positive catalyst for shares.

24.07 / 15:09

Citi Software Parke AT&T country AST SpaceMobile opens R&D facility in Hyderabad

AST SpaceMobile, the Texas- headquartered company on Monday announced the opening of a new research and development (R&D) services hub and space technology development centre in Hyderabad. The company is building a space-based cellular broadband network accessible directly by standard mobile phones. The state-of-the-art facility will focus on next-generation hardware, software, space-related technologies and operations, AST SpaceMobile said in a release.

24.07 / 13:45

UPS Provident CEO Software SoftBank SoftBank forms JV to build AI-powered warehouses with Symbotic

(Reuters) -SoftBank Group is forming a joint venture with supply-chain services provider Symbotic to build AI-powered warehouses that will be majority owned by the Japanese technology investor, the companies said on Monday.

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