Indian EV makers hail industry-wide GST rate cut
Electric vehicle (EV) manufacturers on Friday hailed the GST Council's decision that EVs with or without battery pack will now be taxed at 5 per cent.
Telecom gear firm Parallel Wireless lays off 500, including in India
Telecom gear provider Parallel Wireless has laid off at least 500 employees in India, Israel, the UK and the US.
Top Apple corporate attorney pleads guilty to insider trading
Gene Levoff, a top corporate secretary and director of corporate law at Apple, has admitted engaging in an insider trading scheme that spanned five...
Instagram confirms it is working to turn video posts into Reels
Meta-owned photo-sharing platform Instagram has confirmed that it is testing a change that turns video posts into Reels.
Meta warns employees of 'tough second half' in internal memo
Meta, formerly Facebook, has warned employees to expect a tough second half of the year as the tech giant continues to weather challenges related to...
Hyundai to create new US affiliate after $10.5 bn investment pledge
Hyundai Motor Group said on Thursday it is setting up a new investment affiliate in the US, in a follow-up to its pledge to invest $10.5 billion in...
Lenskart takes majority stake in Japanese eyewear firm Owndays for...
Omnichannel eyewear unicorn Lenskart on Thursday announced it has taken a majority stake in Japanese eyewear brand Owndays in a deal that is...
Public Cloud revenues up 26% to reach $126 bn in Q1 2022
Public Cloud services and infrastructure market Revenues reached $126 Billion in Q1 2022, a 26 per cent jump from Q1 2021, according to a new report.
