Technology

HCL Technologies has reported a net profit of Rs 3,265 crore in the September quarter, on October 14. The profit is said to have increased by 3.9%, and has surpassed Bloomberg consensus, which is estimated to be Rs 3,196.50 crore. It has also signed 14 new large deals worth $2.3 billion in the September quarter and has also retained its EBIT margin in the range of 19-21%. 

Jim Lanzone, who used to be the head of dating app Tinder has been announced as the Chief Executive Officer (CEO) of Yahoo. Reportedly, this decision came days after Apollo Global Management Inc completely acquired Verizon Media for a whopping deal of $5 billion. Besides, Apollo is planning to grow its services to offer Yahoo finance & Yahoo  Sports and is focusing on advertising & e-commerce platforms.

Indian Motorcycle, an American bike brand that recently celebrated its 100th Anniversary has launched the 2022 Indian Chief. The company is set to launch Chief Dark Horse, Indian Chief Bobber Dark Horse, and Indian Super Chief Limited models, priced up to Rs 20.75 lakh. "We have a new set of motorcycles...New customers are coming in and dealers are pretty positive," said Polaris India Pvt Ltd Country Manager Lalit Sharma.

Considering the young generation, Instagram will soon introduce a new safety feature that will require the user's birth date confirmation. The idea is to provide the right content at the right age said Instagram in a blog post. Besides, a new version of the app is being created for those under 13 years of age, also children below the age of 16 will have a private account by default.

In the replacement of XUV500, Mahindra has launched XUV700 at a starting price of Rs 11.99 lakh. It has completed all SUVs in terms of shape, size, and capabilities. The series of XUV700 provides a five and seven-seat variant with petrol and diesel-powered. The SUV also has four models namely MX, AX3, AX5, and AX7. There is a possibility of another model named AX7 (0), however, not yet been confirmed.