Software Financial News

21.07 / 18:29

UPS Provident Target Digital Platform Software Novopay to spin off retail biz, focus on banking software

NEW DELHI : Khosla Ventures-backed Novopay Solutions Pvt. Ltd is in the process of demerging its retail business. The company will now only house its banking software business, which was recently rebranded as ‘Trustt’, chairman Srikanth Nadhamuni said in an interview.

21.07 / 17:51

BLOCK Microsoft Software CAT Deal Activision Britain's Competition Appeal Tribunal grants adjournment on Microsoft-Activision deal

LONDON (Reuters) — Britain's Competition Appeal Tribunal granted the adjournment application which was requested jointly by the antitrust regulator, the CMA, and Microsoft (NASDAQ:MSFT), as part of the latter's plan to try to buy Activision Blizzard (NASDAQ:ATVI).

21.07 / 17:51

Provident Target FIVE Citizens Gap Strategy Software Moonshot Let's take a moonshot at AI

AI to boost productivity is vast, whether it's automating customer service interactions or accelerating drug discovery. A McKinsey report, The Economic Potential of Generative AI: The Next Productivity Frontier reveals that 63 generative AI use cases could add the equivalent of $4.4 trillion in value to the global economy, and 75% of the value would arise from the four areas: customer operations, marketing and sales, software engineering and R&D. However, the emergence of foundational models could lead to capital concentration, potentially amplifying inequalities.

21.07 / 14:21

Google Software performer track NOT Chhattisgarh: Measures to curb illegal mining not followed, says CAG report; asks government to increase monitoring

Chhattisgarh Assembly on Friday said prescribed measures to curb illegal mining activities were not complied with in the state. The CAG report on 'performance audit of mining of minor minerals with emphasis on illegal mining operations' also stated that the cases of illegal excavation, transportation and storage of minerals increased from 3,756in 2015-16 to 5,410 in 2020-21.

21.07 / 13:21

Digital Platform Mobile Software Enterprise Motorola Colgate VTEX and Nanostuffs Join Forces to Enhance Digital Commerce in India

Nanostuffs, with its impressive track record of serving 90 percent of domestic customers and achieving profitability, brings with it over a decade of expertise in building large-scale commerce platforms for enterprises. With over 300 implementations of cloud-based software and 400+ mobile apps developed, Nanostuffs is a boutique organization focused on a core rapid development model with a team of 200+ adept resources and several reusable accelerators.

21.07 / 13:07

UPS Provident Digital Software Enterprise stage Indian week ETtech Deals Digest: AI software firm o9 Solutions pushes up overall funding in Indian startups this week

o9 Solutions, with its massive raise of $116 million this week, helped correct declining startup funding values in the period from July 15 to July 21. Accordingly, late-stage startups made the bulk of funding during the week, raising a total of $193.1 million, while early-stage startups raised $20.9 million and seed stage ones received $20.7 million.

21.07 / 11:17

COST UPS Target Manufacturing Software Tesla Tesla’s surprising new route to EV domination

Elon Musk, the carmaker’s boss since 2008, has not achieved that goal. His company, a rare insurgent in an industry with formidable barriers to entry, has grown at neck-snapping speed. In the first quarter of 2023 Tesla’s Model Y mini-SUV was the world’s bestselling car.

21.07 / 10:47

NASDAQ Software SAP show Corporate earnings in focus, Fed direction remains uncertain

Stocks struggled for direction as investors processed a busy day of corporate earnings and fresh signs of strength in the US and UK economies that may support the case for further interest-rate increases.

21.07 / 09:49

Target Progressive Software Delhi University starts MBA in AI & machine learning, gets 600 applications for 60 seats

Delhi University's commerce department has recently unveiled a new Master of Business Administration (MBA) program, specifically targeting Business Analytics with an emphasis on artificial intelligence (AI) and machine learning. As per a ToI report, the launch has sparked immense interest, garnering over 600 applications for the limited 60 seats available. Yogesh Singh, the Vice-Chancellor of Delhi University, told ToI: «For our nation to progress and become developed, our per capita income needs to increase six fold from its current state.

21.07 / 09:33

UPS CEO Software SAP guidance SAP SE falls on soft cloud results, mixed guidance

SAP SE (ETR:SAPG) (NYSE:SAP) saw its shares drop over 5% in Frankfurt after the company reported mixed Q2 results and guidance.

21.07 / 07:55

Manufacturing Software SAP track Drag European shares flat as energy firms counter tech drag

(Reuters) — European shares were muted on Friday, as a slump in technology stocks following software maker SAP's downbeat forecast was offset by gains in energy companies, which tracked oil prices higher.

21.07 / 06:01

UPS Lowe's Software SENSEX show share price Share price of Mphasis jumps as Sensex drops 731.35 points

MphasiS Ltd. gained 1.85 per cent to Rs 2255.0 at 11:20AM (IST) in Friday's trade. The counter hit a high of Rs 2303.0 and low of Rs 2105.05 so far during the session.

21.07 / 05:55

COST Software voice play SaaS play Dubber in $10m raise via Unified Capital Partners

Call recording and voice intelligence software company Dubber Corp is seeking to raise $10.25 million in a deal at 14¢ a share.

21.07 / 04:55

COST Provident Software show NOT Is your AIS not showing savings account interest? Here’s what you need to do

It is important to ensure that while filing your income tax return (ITR) form, you have filled in all the vital information from your Annual Information Statement (AIS). However, it may happen that some information is missing from your AIS, or there is a mismatch between AIS and the information available to you. For instance, some taxpayers saw that their AIS is not showing information about interest earned from their savings bank account this year. If you are facing such a situation, here is what you can do.

21.07 / 04:55

UPS Waves NASDAQ Software performer foreign Foreign investors stream into Taiwan as AI stocks beckon

Taiwan stocks, with foreign inflows the biggest in years, thanks to soaring artificial intelligence and chipmaking stocks. The wave of enthusiasm, which has also helped the tech-heavy Nasdaq to its best first half in 40 years, is running hard as the market is dominated like no other by top firms all along the computer hardware and software supply chains. Net foreign buying of $12 billion over the six months to June is the biggest since the first half of 2008, and Taiwan's benchmark index performance — it is up 20% in US dollar terms this year — is the best in Asia.

21.07 / 04:55

Software QuickHeal Technologies Q1 Results: Net loss at Rs 12.8 crore

cybersecurity software company QuickHeal Technologies on Thursday reported a net loss of Rs 12.8 crore, according to a BSE filing. The company had logged a net profit of Rs 0.18 crore in the same period of the previous fiscal.

21.07 / 04:35

Provident Google Strategy Software Enterprise Inside This is how much top Google executives earn annually, leaks suggests

₹2.3 crore) in 2022, according to a leaked internal spreadsheet. This places them among the top earners in the tech industry within the United States. As per the leaked spreadsheet, accessed by Business Insider, it unveiled the pay scale for different positions within the tech giant.

21.07 / 04:19

Target Software country Infosys shares tank 9% post Q1 results. How to trade stock now?

Infosys reported lower-than-estimated June quarter results, the shares of the IT major plunged over 9% on BSE to Rs 1311.60 in Friday's early trade. Brokerages remained mixed on the stock following Q1 results. Among foreign brokerages, Jefferies recommended a 'Buy' while Nomura suggested a 'Reduce'.

21.07 / 04:19

Software Enterprise TikTok Baidu show Chinese autonomous vehicle tech raises concerns: US transportation chief

Pete Buttigieg said on Thursday his agency has national security concerns about Chinese autonomous vehicle companies in the American market after some lawmakers called for restrictions on their operations. «Whether we are talking about hardware or software, in the same way there are concerns around telecom or TikTok, there are concerns around transportation technologies,» Buttigieg said.

21.07 / 04:15

Software RPG BASF star blues dividend Dividend Stocks: Dabur India, Tech Mahindra, 40 other stocks to trade ex-dividend - July 21

Abbott India Ltd: The company has declared a special dividend of ₹145 and final dividend of ₹180. It will trade ex-dividend on July 21, 2023. Archean Chemical Industries Ltd: The company has declared a final dividend of ₹2.50.

21.07 / 03:17

Provident Target Reuters Software Discover Actor Cyber AI being used for hacking and misinfo, top Canadian cyber official says

AI) to create malicious software, draft convincing phishing emails and spread disinformation online, Canada's top cybersecurity official told Reuters, early evidence that the technological revolution sweeping Silicon Valley has also been adopted by cybercriminals. In an interview this week, Canadian Centre for Cyber Security Head Sami Khoury said that his agency had seen AI being used «in phishing emails, or crafting emails in a more focused way, in malicious code (and) in misinformation and disinformation.» Khoury did not provide details or evidence, but his assertion that cybercriminals were already using AI adds an urgent note to the chorus of concern over the use of the emerging technology by rogue actors.

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