Page 57 - Data Science For News Today

Over the next three years the ride-hailing firm expects gross bookings growth in the mid to high teens percentage and adjusted core profit growth in the high 30s to 40%. Free cash flow as a percentage of adjusted earnings before interest, taxes, depreciation and amortization is expected to be 90% or higher annually, the company said.

Vodafone Idea (Vi) has become the first Indian telecom operator to partner with Google for offering rich communication service (RCS) messaging to enterprise customers in India, with bigger telco rivals Reliance Jio and Bharti Airtel expected to join the bandwagon soon, industry executives said.

The consumer protection agency filed the long-awaited antitrust lawsuit against Amazon on September 26, accusing the online retailer of operating an illegal monopoly, in part by fighting efforts by sellers on its online marketplace to offer products more cheaply on other platforms.

BAT was fined 6 million euros and Amazon 1 million euros for failing to provide sufficient information to consumers about the nicotine content and corresponding health risks from use of the Glo Hyper X2 and Glo Hyper Air products, AGCMs statement said.

Many entrepreneurs prioritise raising funds as their first step, when it should actually be fifth on their list of priorities, the executive chairman and cofounder of edtech firm UpGrad said at an event in Gurgaon.

The San Francisco-based company expects revenue between $2.03 and $2.07 billion, compared with the average LSEG estimate of $2.03 billion.

Earlier this month, Reuters had reported the Enforcement Directorate had started a probe into One 97 Communications, also known as Paytm, on suspicion of violation of foreign exchange rules. The firm had denied allegations of forex violations.

Greg Varallo, the shareholders attorney, said the two sides will agree to a stay if they can reach a deal on an appeal bond.

A Reuters investigation late last year found that Musks rocket company disregarded worker-safety regulations and standard practices at its facilities nationwide. Through interviews and government records, the news organisation documented at least 600 previously unreported injuries of SpaceX workers since 2014.

Tiktok said the individual local language "election centres" build on work it first started in 2021, which accelerated last year when Greece, the Netherlands, Poland, Slovakia and Spain went to the polls.