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Sun, 21 May 2017

Saudi Tech Fund Becomes World’s Largest

Private equity fund in Saudi Arabia has become the world'd largest fund as it raises over $93 billion to invest in technology sectors such...

IFCI Approves Stake Sale in Tourism Finance Corporation

IFCI board has given its approval to sell the company’s entire 26.09 per cent stake in Tourism Finance Corporation of India Ltd (TFCI). TFCI has been...

Google Launches Neural Machine Translation

Search engine Google launched a new neural machine translation technology between English and nine widely used Indian languages — Hindi, Bengali, Marathi, Tamil, Telugu,...

Yahoo Introduces ‘Captain’ Bot for Messenger

Yahoo has announced the launch of ‘Captain’ bot for Facebook Messenger. Making use of machine-learning capabilities, it helps members of a group to manage activities...

Oracle Starts Cloud Computing Service for India

Oracle, the technology company that offers cloud applications, platform services, and engineered systems, sees a huge opportunity to serve smart city and other digital...

Pipavav Shipyard in News

Reliance Defence and Engineering Limited (formerly known as Pipavav Shipyard Limited & Pipavav Defence and Offshore Engineering Company Limited) is an Indian shipbuilding and...

European Union Fined Facebook

European Union has fined Facebook one hundred and twenty two million dollars for giving misleading information. European Union’s competition watchdog said that Facebook had said...

Facebook Starts Express Wi-Fi Services in India

Facebook started its Express Wi-Fi internet services in India, which are already available at 700 hotspots across Uttarakhand, Gujarat, Rajasthan and Meghalaya. Express Wi-Fi has...

‘Enterprise Ethereum Alliance’ in News

Wipro Limited has joined the Enterprise Ethereum Alliance (EEA) as a founding member. The Enterprise Ethereum Alliance connects Fortune 500 enterprises, startups, academics, and technology...

Indian Companies Allowed to Merge with Companies Abroad

The Centre has allowed Indian companies to merger with companies abroad. However, such outbound mergers will be allowed only with the prior approval of...

Amazon Gets RBI approval for E-Wallet

Amazon India has received the RBI’s approval for an e-wallet. The licence has been issued to Amazon Online Distribution Services on March 22, and...

IFFCO Buys Stake in Gramin Health Care

IFFCO has bought a 26 per cent stake in start-up firm Gramin Health Care (GHC). The Gurgaon-based company GHC aims to provide timely medical advice and...

Karnataka Bank and SBI Jointly Launch Credit Card

Karnataka Bank and SBI Card have launched co-branded credit cards for the customers of Karnataka Bank. Through this alliance Karnataka Bank and SBI Card will...

Anil Agarwal Buys Stake in ‘Anglo American’ Corp

Indian billionaire Anil Agarwal has become the second largest shareholder in Anglo American after acquiring 11.44 per cent of the British mining group. The Volcan...