Photo: CNBC TV
E-commerce firm Flipkart is eyeing for an initial public offerings in the US and Singapore as early as 2021. The offering could value the firm up to $50 billion (roughly Rs. 3,68,512 crores), sources familiar with the company's plans told Reuters. Reportedly, Flipkart's current market value stands at $25 billion. However, the Bengaluru-based firm has not responded on the information being surfaced yet.
Weeks after Microsoft layoffs caused resentment; the Satya Nadella-led tech giant is reportedly not planning to give any salary hike(s) this year. As per a report, Microsoft Corp is reducing its budget for bonuses and stock awards this year. The… read-more
TAGS: Microsoft, Tech giant, salary hike, Economic Conditions, Satya Nadella
KT Rama Rao, the Information Technology and Urban Development Minister of Telangana welcomed Foxconn International to Telangana. KT Rama Rao in the presence of the Foxconn CEO and other officials conducted the groundbreaking ceremony of the… read-more
TAGS: Regional News, KT Rama Rao, Development News, Foxconn International, Growth
Telangana IT Minister KT Rama Rao extended congratulations to the team T-Hub in the Telugu State, after it secured a national award. In a tweet, KTR said, "Happy & Proud that @THubHyd has… read-more
TAGS: national award, KTR, Telangana News, T-Hub, Twitter Post
The London Stock Groups announced to establish an excellence technology center in Hyderabad, Telangana. The BRS Minister of Information Technology KT Rama Rao and London Stock Groups official signed a memorandum of understanding in this regard.… read-more
TAGS: London Stock, business, KT Rama Rao, telangana government, MoU
A scientist working for the Defence Research and Development Organisation (DRDO) here has been arrested by the Maharashtra Anti-Terrorism Squad (ATS) for providing confidential information to a Pakistani agent, confirmed officials. The scientist… read-more
TAGS: DRDO, arrested, Maharashtra Anti Squad, Pakistan(40), HONEYTRAP
The Union government blocked 14 mobile messenger applications which were reportedly being used by terrorists in Jammu and Kashmir to receive messages from Pakistan. The banned messenger apps include Crypviser, Enigma, Safeswiss, Wickrme,… read-more
TAGS: Messenger App, Indian government, Blocked App, Technology Applications, National Security
