IBM has allegedly closed its research and development (R&D) activities in China, joining a growing list of large tech corporations reducing their mainland presence due to geopolitical concerns. According to a Chinese magazine, IBM's...
Bharat Heavy Electricals Limited (BHEL) has signed a contract with Adani Power Limited (APL) and its subsidiary Mahan Energen Limited (MEL) for the development of three Supercritical Thermal Power projects for over Rs 11000 crore (excluding GST)....
According to reports, Uber is bringing back Uber Black in India in order to promote premium experiences. The ride-hailing platform will launch the service in the coming weeks, beginning with a few neighborhoods in Mumbai. Uber's operations in...
Cognizant TriZetto, a software supplier, sued Indian IT firm Infosys in Texas federal court on Friday, alleging Infosys of stealing trade secrets for its healthcare insurance program. Cognizant said in the complaint that Infosys improperly took...
Could your firm withstand a huge setback? With today's fast developments in markets and technology, many organizations are asking this issue. It boils down to this: Is your business future-proof? While future-proofing a business may sound...
After eight years in command, Nestle CEO Mark Schneider resigned from the Swiss food conglomerate. According to the corporation, Mark Schneider "has decided to relinquish his roles as CEO and member of the Board of Directors," and...
Adani Power said on Thursday that the NCLT Hyderabad bench has authorized its bid to acquire Lanco Amarkantak Power Ltd (LAPL) for an upfront payment of Rs 4,101 crore. LAPL is now undertaking the Corporate Insolvency Resolution Process...
According to persons familiar with the situation, billionaire Gautam Adani intends to recruit a chief executive officer and select auditors from a premier international company for his family offices in order to increase the level of transparency...
Tech Mahindra and Google Cloud established a strategic agreement to increase the use of generative AI (GenAI) across multiple Mahindra & Mahindra (M&M) organizations, with the goal of advancing digital transformation. This agreement is a...
In an effort to provide investors a more accurate picture of the contributions of artificial intelligence, Microsoft reorganized how it discloses results for its business divisions on Wednesday. Specifically, certain search and news advertising...
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