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Apple Is Losing Out Race To Amazon And Google

Fundamentally a hardware-aimed company, Apple is lagging behind in the AI (Artificial Intelligence) race with Amazon and Google leading ahead while accepting the collaborative and open-source approach in the up-and-coming field of AI, claimed the local media. As per professor

Indian IT Companies’ Credit Profile To Be Steady In Spite Of Pressure

The credit report of IT services companies in India is anticipated to stay steady in spite of stress on income margins and growth, Icra, the rating agency, claimed to the media. “In spite of pressures on margins and growth over

RCom Crumbling Amalgamation Plan With Aircel is a Step Back

Aborting the plan from Reliance Communications to amalgamate with Aircel is step back for the Anil Ambani-controlled company since it was vital to slash debt, claimed Moody’s Investors Service this week to the media. Aircel and RCom in September last

Paytm Gives Rs 620 Crore Back to Parent Company

Paytm E-commerce gave Rs 620 Crore to One97 Communications, its parent company, for the transmission of assets of its online platform, as per a filings. The Alibaba-supported firm, which operates Paytm Mall, the online retail platform, posted Rs 7.3 Crore

Jio Rate Climb Optimistic For Telecom Industry

The latest elevation in tariffs from Reliance Jio will ramp up its ARPU (average revenue per user) by almost 20% and is an optimistic sign for the telecom industry that is witnessing speedy consolidation, claims a report from Philip Capital.

2018 May Be A Better Year For Indian IT

With the economy of the U.S. doing great, Indian IT firms can look forward to an improved year in 2018 owing to the rising demand from clients and tech investment, as per senior industry sources. Noting that the biggest market

Tamil Nadu Hikes Theatre Ticket Prices By 25 Per Cent; To Cost Rs. 160

The Government of Tamil Nadu today issued commands to increase theatre tickets cost by 25%. The command comes in opposition to the backdrop of the film business bodies not showing or releasing any latest movies to object the implementation of

Shanghai, Beijing Shut down Bitcoin Exchanges

Banking controllers in Shanghai and Beijing have ordered domestic crypto currency exchanges to be concluded, state media posted this week, in the recent blow to the once prosperous market of China for virtual money. A Beijing-located watchdog needed all interactions

BYD Forecasts Ambitious China Transfer to Electric Cars By 2030

BYD Co. Ltd., the Chinese automaker, anticipates that the shift of the country to NEV (cleaner new-energy vehicles) to complete in merely over a period of 10 Years, an antagonistic time frame that might defy conventional car producers in the