Software Financial News
20.12 / 03:35
markets
Digital
security
Strategy
Software
Experts
Canada: Justin Trudeau to shuffle his Cabinet Friday amid resignation calls and rising discontent
Justin Trudeau will shuffle his Cabinet Friday. The prime minister's office confirmed late Thursday that Trudeau will participate in the swearing-in ceremony and chair a meeting with his new Cabinet later Friday. Trudeau is facing rising discontent over his leadership, and the abrupt departure of his finance minister on Monday could be something he can't recover from.
20.12 / 03:35
markets
Digital
CEO
Software
Death
Experts
Courts
Luigi Mangione, accused in UnitedHealthcare CEO killing, faces federal charge that's eligible for death penalty
UnitedHealthcare's CEO was whisked back to New York by plane and helicopter Thursday to face new federal charges of stalking and murder, which could bring the death penalty if he's convicted. Luigi Mangione was held without bail following a Manhattan federal court appearance, capping a whirlwind day that began in Pennsylvania, where he was arrested last week in the Dec. 4 attack on Brian Thompson. The 26-year-old Ivy League graduate had been expected to be arraigned Thursday on a state murder indictment in a killing that at once rattled the business community and galvanized some health insurance critics, but the federal charges preempted that appearance. The cases will now proceed on parallel tracks, prosecutors said, with the state charges expected to go to trial first.
20.12 / 03:35
markets
Digital
Strategy
Software
ICE
Experts
country
US deports highest numbers of illegal immigrants since 2014, aided by more flights
US Immigration and Customs Enforcement deported more than 270,000 people to 192 countries, including India, over a recent 12-month period, the highest annual tally in a decade, according to a report released Thursday that illustrates some of the financial and operational challenges that President-elect Donald Trump will face to carry out his pledge of mass deportations. ICE, the main government agency responsible for removing people in the country illegally, had 271,484 deportations in its fiscal year ended Sept 30, nearly double from 142,580 in the same period a year earlier. It was ICE's highest deportation count since 2014, when it removed 315,943 people. The highest it reached during Trump's first term in the White House was 267,258 in 2019. Increased deportation flights, including on weekends, and streamlined travel procedures for people sent to Guatemala, Honduras and El Salvador fuelled the increase, ICE said. The agency had its first large flight to China in six years and also had planes stop in Albania, Angola, Egypt, Georgia, Ghana, Guinea, India, Mauritania, Romania, Senegal, Tajikistan and Uzbekistan.
20.12 / 03:22
markets
Software
Experts
show
social
Department
International
Sitharaman applauds Mumbai airport customs for seizing smuggled gold worth Rs 1.48 Crore
Nirmala Sitharaman lauded the customs officials of Mumbai's Chhatrapati Shivaji Maharaj International (CSMI) Airport for their vigilance and successful seizure of over 2 kg of smuggled gold worth Rs 1.48 crore. In a social media post, the minister wrote, «Appreciate @mumbaicus3 for showing diligence. Well done,» acknowledging the team's efforts. The Customs Department at the Mumbai airport intercepted two cases of gold smuggling during December 18-19, 2024. The officials confiscated a total of 2.073 kg of 24-karat gold, which had been smuggled in innovative ways.
20.12 / 02:21
markets
Waters
Software
Experts
PAM
isolate
Chennai weather today: Moderate rain predicted in the southern city
Partly cloudy skies will dominate the day, with early morning hours seeing haze or mist in some areas, potentially affecting visibility, as per the forecast by the Met department. This weather is being influenced by a well-marked low-pressure area over the Southwest Bay of Bengal, which is likely to move northwestwards towards the North Tamil Nadu and South Andhra Pradesh coasts over the next 12 hours.
20.12 / 02:21
markets
Reuters
Software
NVIDIA
DELL
reports
Department
US prompts Nvidia probe into how chips ended up in China: reports
US Department of Commerce has recently asked Nvidia to look into how the company's products ended up in China over the past year, The Information reported on Thursday, citing a person close to the department. The chip giant has asked big distributors such as Super Micro Computer and Dell Technologies to conduct spot checks of their customers in Southeast Asia, the report said. Nvidia's artificial intelligence chips are embedded in server products made by Super Micro and Dell. The Information reported that five different people involved in smuggling Nvidia chips said they have managed so far to evade detection during recent inspections by Super Micro.
20.12 / 02:21
markets
Reuters
Digital
Software
economy
Experts
PAM
China leaves rates unchanged, weak yuan limits easing
WHY IT'S IMPORTANT Persistent deflationary pressure and tepid credit demand call for more stimulus to aid the broad economy, but narrowing interest margin on the back of fast falling yields and a weakening yuan limit the scope for immediate monetary easing.
20.12 / 02:21
markets
UPS
Software
Remark
Experts
PAM
FIR against Rahul Gandhi is diversionary tactic in response to his protest against Home Minister: KC Venugopal
FIR against Rahul Gandhi is a diversionary tactic in response to his staunch protest against Home Minister Amit Shah's remarks on B R Ambedkar. In a post on X, KC Venugopal shared, «The FIR against Rahul Gandhi is nothing but a diversionary tactic in response to his staunch protest against the Home Minister. A case against him for defending Babasaheb's legacy is a badge of honour. In any case, Rahul Gandhi is already facing 26 FIRs due to the BJP's political vendetta and this latest FIR will not stop him or the Congress from standing up against the casteist RSS-BJP regime. At the same time, why has the Delhi Police not acted on the FIRs filed by women MPs of INC against the BJP leaders who physically assaulted them?» Delhi Police on Thursday registered an FIR against Rahul Gandhi, who is also Leader of Opposition in Lok Sabha, in connection with a scuffle in Parliament with BJP and Congress filing cross-complaints against each other.
20.12 / 00:51
Provident
Strategy
Software
Experts
Cycling
Interviews
TCS to increase fresher hiring further in FY26, says CHRO Milind Lakkad
Tata Consultancy Services (TCS) plans to increase the number of fresher hirings from engineering campuses in 2025-26 from the current fiscal’s commitment of 40,000 amid higher growth prospects, its chief human resources officer Milind Lakkad told ET. India’s largest IT services giant is on track to onboard its committed 40,000 freshers from colleges along with training across multiple technologies including the latest artificial intelligence (AI) and generative AI or GenAI tools in FY25 ending March 2025, said Lakkad who is also an executive vice president at TCS. “I expect that number to go up a bit more (in FY26),” Lakkad told ET in an interview. He said the firm’s planning cycle for FY26 starts now.
20.12 / 00:51
markets
UPS
Strategy
Software
show
country
Year in Review: Venture investments show marginal pick up in 2024 at $10.9 billion as big innovative themes remain missing
Local startups raised $10.9 billion this calendar until December 13, slightly more than $9.6 billion raised during the same period of 2023, data from Venture Intelligence show. The number of deals closed so far this year fell to 809 from 829 a year back.
20.12 / 00:51
markets
Digital
security
Strategy
Software
Experts
Investor First: Sebi clamps down on mis-selling in New Fund Offers
New Fund Offers (NFOs), a system where a fund house sells units of a new scheme. What are the proposals cleared by Sebi? The capital markets regulator said that a new fund offer (NFO) of a mutual fund scheme must invest the money it raised within 30 days from the end of the scheme launch period. It also said in the event of a switch from an existing scheme into an NFO, distributors will get the lower commissions of the two schemes.
20.12 / 00:51
Strategy
Software
Research
students
Experts
H-1B rejig to have mixed impact on Indian IT, students
Indian IT companies. Among the positive moves, the Dept of Homeland & Security (DHS) extended F1 visa validity for students seeking jobs on OPT by one year which will significantly ease the burden, immigration consultants and policy experts said. “We are supportive of foreign nationals transitioning from a student visa to an H-1B wherein they will be able to extend their postgraduation work permit to a year after they’ve filed their H-1B petition to prevent gaps in employment,” said Shivendra Singh, vice president — global trade development at India’s apex technology body Nasscom.
20.12 / 00:51
markets
Strategy
Software
Sustainability
President
Experts
reports
India’s GCCs soar to 1,700, set to hit 2,200 by 2029: New Nasscom president
“As per our estimates, the 1,700 centres in total have grown in size by 25%, meaning they are individually expanding while new ones are also being added. That is why you’re seeing so much activity and hiring,” said Nambiar. Formerly the CMD of Cognizant India, he took over as Nasscom’s president in November. Nambiar emphasised that the growth of GCCs doesn’t signify a loss for the IT sector. Instead, both sectors are closely intertwined, creating a win-win situation for India. To further accelerate the growth of the sector—which has hired more people than IT services firms—Nasscom is working with various government arms to address key concerns facing GCCs, such as safe harbor provisions and advance pricing agreements. He added that the era of requesting tax incentives or sops is over; the focus now is on resolving these structural concerns.
19.12 / 20:01
Software
film
Actor
War
show
Features
Warfare: Check out release window, trailer, plot and cast
Alex Garland returns with Warfare, his upcoming film set during the U.S. invasion of Iraq. The story, centered on Navy SEALs, portrays the harsh realities of warfare through the experiences of soldiers on the ground.
19.12 / 20:01
markets
Strategy
Software
Netflix
social
reports
Sweet Magnolias Season 4 release date and episode titles revealed; will there be a season 5?
Fans can expect the complete season to drop on February 6, 2025, as mentioned in a report by What’s On Netflix. Here’s everything we know about Sweet Magnolias Season 4 and what could lie ahead in Sweet Magnolias Season 5.
19.12 / 20:01
UPS
Software
Netflix
film
Warner Bros
audience
reports
Enola Holmes Season 3: When will the young detective return of Netflix? Latest Update
Following the success of the first two films, Netflix is officially moving ahead with Enola Holmes 3, which promises more twists, mystery, and darker undertones, as mentioned in a report by What’s On Netflix. Here's everything we know about the highly anticipated sequel so far.
19.12 / 20:01
markets
Platform
Software
Sustainability
audience
innovations
reports
Pocket FM listeners streamed over 100 billion minutes globally
global streaming and more than 45 million transactions in 2024, according to insights from its "Pocket FM Playback 2024" report. The report underscores the global appeal of storytelling and immersive audio experiences over the past year. The platform captivated a broad demographic, with 54% of listeners being Gen Z, 37% Millennials, and 5% Gen X. Gender distribution was nearly even, with 53% male and 47% female users. The integration of AI-enabled audio series expanded the platform's content library by 36 times, while human-narrated series saw a twofold increase.
19.12 / 20:01
markets
Strategy
Software
Celebrity
PAM
gatherings
Why Do We Celebrate Xmas Day? A Historical Perspective
The selection of the date of December 25 is believed to be nine months after the Annunciation which actually celebrates the conception of Jesus Christ on the date of March 25 which coincides with the spring equinox. The Early Christians initially focused on Easter as their main celebration; though however, as Christianity spread more and more, Christmas gained significant prominence. Near about by the sixth century, it was started being celebrated in numerous regions which including Jerusalem and Constantinople while it evolved into a significant holiday that combined religious observance with local customs and traditions.
19.12 / 20:01
Digital
Google
Software
Bill
Experts
information
reports
Centre proposes bill to ban unregulated lending
unregulated lending and slap a fine of ₹1 crore on offenders along with imprisonment of 10 years. The move follows action against several digital loan apps for unregulated lending over the past two years and complaints about their unfair lending and predatory recovery practices. A draft bill — Banning of Unregulated Lending Activities (Draft) Bill — was put out by the finance ministry for comments, which can be submitted till February 2025.
19.12 / 20:01
Booking
Software
economy
awards
concert
travelers
Destinations
Travelling for concerts surged 44% this year indicating an experience-led economy: Paytm
One97 Communications Limited (OCL), which owns Paytm. The company said these trends showcase how Paytm users travelled through the year. Throughout the year, Mumbai and Dubai emerged as the most-searched destinations, reflecting a shared love for bustling city life and luxurious escapes. A passion for affordable travel was evident among younger generations, as 36% of bus bookings came from travellers under 25.
19.12 / 18:39
UPS
Provident
Booking
security
Software
Parke
information
Accenture ushers in holiday season with $1.2 billion in Gen AI orders
Subscribe to enjoy similar stories. Accenture Plc, the world’s largest software services company, secured $1.2 billion in generative AI (Gen AI) bookings in the quarter-ended November 2024, bringing its total orders in the segment to $4.2 billion since September 2023. This is its highest Gen AI bookings in any quarter, signalling that clients are increasing spending on the new technology.
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