Page 8 - Tech Top News Today

States including Maharashtra, Karnataka, Tamil Nadu, Delhi and Haryana, which have restricted activities to halt the spread of Covid-19, have allowed online retailers to ship only essential items

Well soon meet in your inbox. Please wait... Infosys EVP & HR head Richard Lobo said its second compensation review cycle for the year is under way. It had given increments effective January, after having put them on hold for most of the last fiscal. It is doing another review based on last year’s performance, and the salary hike based on this will be effective July. Both compensation reviews are applicable to employees across levels. The two increments together will be 10-14%, in an otherwis...

Well soon meet in your inbox. Please wait... The company will use the capital raised to consolidate its products in India’s video streaming market and expand into international markets. And to further build capabilities to position itself as a leader in the edge Artificial Intelligence space across industries. Founded by Gopichand Katragadda, Ganesh Suryanarayanan and Aditi Olemann in January 2019, Myelin Foundry aims to transform human experiences and industry outcomes, by building AI algori...

Seven Islands Inc., backed by billionaire James Murdoch’s investment company Lupa Systems LLC, and a former Walt Disney Co. executive filed to raise about $300 million listing a blank-check company in the U.S.

Synopsis Since joining VMware in 2003, Raghuram has helped steer the company’s strategic direction and its technology evolution throughout VMware’s rich history ETtech Raghu Raghuram (Picture: VMware) Cloud and virtualisation software company VMware has named India-born company veteran Rangarajan (Raghu) Raghuram as its next CEO from June. The development may have triggered the exit of his India-born colleague Sanjay Poonen, who said he was quitting after seven years at the Dell-owned compa...

Synopsis This was revealed in a regulatory filing on Wednesday by SoftBank, which owns around 20% stake in One97 Communications, the parent entity of Paytm ETtech Digital payments platform Paytm is likely to get about 7% stake in Japan’s PayPay, two years after the Noida-based company was given a call option to convert its holding into shares. This was revealed in a regulatory filing on Wednesday by SoftBank, which owns around 20% stake in One97 Communications, the parent entity of Paytm. Pay...

ETtech Illustration: Rahul Awasthi Indian banks enforced “informal restrictions” on cryptocurrency trading after concerns surfaced around money laundering at Indian crypto exchanges, the Dogecoin frenzy among investors and following an aggressive marketing push through repeated TV ads during the Indian Premier League (IPL), multiple industry sources said. Since early this month, leading banks – notably private sector lenders ICICI Bank and IndusInd Bank – have asked payment gateway par...

SpaceX to be paid in Dogecoin for lunar payload SECTIONS Last Updated: May 09, 2021, 11:16 PM IST Share Synopsis This is the first transaction in which Doge, a token founded in 2013 as a joke, will be used for something beyond tipping and raising small amounts of money ETtech (File Photo) SpaceX SN15 starship prototype liftoffs from the companys starship facility in Boca Chica, Texas, U.S. May 5, 2021. REUTERS/Gene Blevins SpaceX will carry a commercial payload to the moon on its Falcon 9 rocke...

Well soon meet in your inbox. Please wait... BharatPe supports the credit requirements of its merchant partners. Having facilitated disbursals of over Rs 1,600 crore to more than 2 lakh merchants since the launch of the lending vertical, BharatPe aims to disburse Rs 14,000 crore in business loans by March 2023. "We are committed to bridge the credit gap for SMEs (small and medium enterprises) and small merchants in the country,” Suhail Sameer, group president at BharatPe, said Monday. “We h...

Well soon meet in your inbox. Please wait... On May 7, a notification issued by chief secretary P Ravi Kumar had permitted “delivery of all items through e-commerce and home delivery.” It was unclear what led to the revised notification on Sunday. When contacted, Karnataka government officials said they were unaware of the reason for the change, hours before the lockdown took effect on Monday morning. Sources told ET that chief minister BS Yediyurappa had received calls from senior leaders ...