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Asian Age Companies News
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Just in Twitter considers charging users for special content, in revenue push
The globally popular social media platform announced the potential new Super Follows service at its annual investor meeting San Francisco: Twitter said Thursday it plans to offer a subscription service in which users would pay for special content from high-profile accounts, part of an economic model to diversify its revenue. The globally popular social media platform...
- 4 days ago
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Business IT sector continues to see sequential growth in hiring in January: Report
Bengaluru and Hyderabad are the highest paying cities for IT jobs in India for the salary bracket of Rs 25 lakhs or more Mumbai: India's IT sector is experiencing a sequential growth in hiring since the lockdown in 2020, witnessing 39 per cent growth in job postings in January compared to the previous month, according to a report. IT sector was followed by BPO (10...
- 6 days ago
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Just in Job prospects look up for freshers: Survey
Information technology, telecommunications, e-commerce and technology start-ups seem to be the leaders in terms of hiring intent CHENNAI: Job prospects of freshers have started brightening up. Around 15 per cent companies, especially those in the technology space, have indicated plans to hire freshers, which is up from 6 per cent and 9 per cent during the pandemic. During the lock-down and unlock...
- 2 weeks ago
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Just in Amazon to make Fire TV sticks in India
India is poised to become a majorplayer in the global supply chain in the electronics and IT products industry CHENNAI: Amazon will be manufacturing its devices in India, starting with streaming device Fire TV sticks. The US e-commerce giant will engage a Foxconn subsidiary as contract manufacturer for making the device in Chennai. Amazon has not, however, given any investment details of the venture. The...
- 2 weeks ago
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Just in Amazon moves Supreme Court in Future-Reliance deal dispute
Justice Midha had directed FRL and other parties to maintain status quo till pronouncement of the reserved order New Delhi, Feb 11 (PTI) E-commerce major Amazon has moved the Supreme Court in a bid to block Future group's Rs 24,713-crore deal with Reliance, according to sources. The development comes after a recent Delhi High Court's ruling that stayed a previous order on...
- 3 weeks ago
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Business SC orders disbursal of Rs 9K cr to unitholders of Franklin Templeton's 6 MF schemes
The bench granted liberty to the litigating parties to approach the court in case of any difficulty in the disbursal of money New Delhi: The Supreme Court Tuesday ordered that Rs 9,122 crore be disbursed within three weeks to the unitholders of Franklin Templeton's six mutual fund schemes which are proposed to be wound up. A bench of Justices S A Nazeer and...
- 4 weeks ago
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Business Delhi HC asks Future Group to keep status quo on Reliance deal
Justice J. R. Midha said the court was satisfied that an immediate interim order was required to be passed to protect the rights of Amazon Chennai: In a major relief for Amazon, the Delhi High Court on Tuesday asked Future Retail Ltd (FRL) to maintain status quo with respect to its Rs 24,713- crore deal with Reliance Retail till the pronouncement of its reserved order. Justice J. R....
- 4 weeks ago
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Headlines Jeff Bezos, Amazon's founder, will step down as CEO
Bezos, who is the company's biggest shareholder, will still have broad influence over Amazon New York: Jeff Bezos, who founded Amazon as an online bookstore and built it into a shopping and entertainment behemoth, will step down later this year as CEO, a role he's had for nearly 30 years, to become executive chairman, the company announced Tuesday. Bezos, 57, will be replaced in the...
- 4 weeks ago
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Headlines RBI appoints external firm to audit HDFC Bank's IT infra in view of service outages
Last month, HDFC Bank had submitted a detailed plan of action to the RBI to address repeated service disruption issues due to outage New Delhi: HDFC Bank on Tuesday said the Reserve Bank of India (RBI) has appointed an external IT firm for carrying out a special audit of its IT infrastructure in the aftermath of repeated service outages at the country's...
- 4 weeks ago
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Just in Chinese smartphone brands expanded India market share in 2020 - report
Chinese brands commanded 75 percent of India's smartphone market last year, up from 71 percent in 2019 Bengaluru: Chinese smartphone brands increased their market share in India in 2020, a year marked by deadly border clashes between the Asian neighbours and backlash against Chinese firms in India, research firm Counterpoint said on Wednesday. Chinese brands commanded...
- a month ago
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