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Business - Page 344

Amazon Steps in Delivery Ring

Sending a strong signal to Zomato and Swiggy who have been severely hit by Covid-19, ecommerce giant Amazon with deep pockets has entered the vast online food delivery market in India, with
May 22, 2020

US Stocks take a Hit

US stocks dropped on Tuesday, dragged by a noticeable pullback in the energy sector. The Dow Jones Industrial Average decreased 390.51 points, or 1.59 percent, to 24,206.86. The S&P 500 fell 30.97
May 20, 2020

Businesses Adopt Microsoft Teams

The nationwide lockdown has made CEOs and CXOs, who were earlier against video calling, comfortable with Microsoft Teams in not just conferencing with customers but also doing actual collaborations and integrating business
May 20, 2020

Uber to Fire 3,000 more Employees

Ride-hailing app Uber has announced to lay off nearly 3,000 more employees in the second round, along with closing or consolidating some 45 offices globally. Last week, Uber fired nearly 3,700 employees
May 19, 2020

Malware Targets Banks

Cybersecurity researchers on Monday warned of a Trojan malware campaign which is targeting India’s co-operative banks using COVID-19 as a bait. Seqrite, the enterprise arm of IT security firm Quick Heal Technologies,
May 18, 2020

US Stocks Slide

US stocks gave up earlier gains to end lower on Tuesday as the market was pressured by considerable losses in major tech shares. The Dow Jones Industrial Average fell 32.23 points, or
April 29, 2020

Infosys Takes Dip in Net

Global software major Infosys reported Rs 4,321 crore consolidated net profit for the fourth quarter (Q4) of fiscal 2019-20, registering 3.1 per cent sequential decline from Rs 4,457 crore a quarter ago
April 21, 2020
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