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Vodafone Idea pumps Rs 1,000Cr in AGR dues, sees 9% surge in shares

Published Date: 2020-07-20         Author: Pankaj Singh

Indian telecom operator, Vodafone Idea Ltd. has witnessed a 9% surge in shares following the payment of Rs 1,000 crore to the Government of India as part of its statutory dues. The move comes prior to the Supreme Court hearing on the AGR (adjusted gross revenue). With the recent spending, Vodafon... Read More

Twitter accounts of famous celebrities hacked in a bitcoin scam

Published Date: 2020-07-17         Author: Pankaj Singh

Twitter account of famous personalities like Billionaires Jeff Bezos, Bill Gates, and Elon Musk have reportedly been hacked in a bitcoin scam. Accounts of celebrities including star rapper Kanye West, reality TV celebrity Kim Kardashian, former US President Barack Obama, former Vice-President Joe Bi... Read More

Facebook to roll out officially licensed music videos on its platform

Published Date: 2020-07-16         Author: Pankaj Singh

California-based social media giant Facebook has reportedly announced its plans to officially launch licensed music videos on its social networking platform in the U.S. The social media major has already told Page owners, who are connected to artists, that they will have to toggle on a new setting t... Read More

Google to invest $10bn in India to drive digital transformation

Published Date: 2020-07-15         Author: Pankaj Singh

Speaking at the annual Google India online event, CEO Sunder Pichai has announced that Google will invest $10 billion in India over the next five to seven years through the ‘Google for India Digitization fund’. According to sources familiar with the knowledge of the matter, the funds ... Read More

Sir Richard Branson to contribute £200M to stabilize Virgin Atlantic

Published Date: 2020-07-14         Author: Pankaj Singh

British business magnate Sir Richard Branson had reportedly announced that he intends to contribute a sum of £200 million as part of the £1 billion plan to stabilize Virgin Atlantic without taxpayers’ money. Sources state that he will use the funds raised by selling a £396 mi... Read More

The Electric Cycle Company announces plans to move to bigger premises

Published Date: 2020-07-13         Author: Pankaj Singh

After a successful launch of a £70,000 crowdfunding campaign to renovate its shop and workshop, the Scottish e-bike firm Electric Cycle Company has reportedly announced its plans to move to a 4000 sq. ft., carbon-neutral Edinburgh-based premise, which will be the largest e-bike shop in the UK.... Read More

Cipla launches generic version of Remdesivir at a price of ₹4,000

Published Date: 2020-07-10         Author: Pankaj Singh

Cipla Limited, the multinational pharmaceutical company, has reportedly launched a generic version of the remdesivir drug (Cipremi) at a price of ?4,000 per 100 mg vial, making it among the least priced COVID-19 treatment available across the globe. According to sources familiar with the knowledg... Read More

Revival in UK hotel bookings after COVID-19 downturn, says Premier Inn

Published Date: 2020-07-09         Author: Pankaj Singh

UK has registered a revival in hotel bookings for conventional regional tourist destinations as people have started planning summer trips to the seaside and countryside, stated Premier Inn owner. The Chief Executive of Whitbread, Alison Brittain, has stated that larger cities like London continue... Read More

Fujitsu gravitates toward 'new normal' with new office working style

Published Date: 2020-07-08         Author: Pankaj Singh

Fujitsu Limited, a Japanese multinational IT company headquartered in Tokyo, has reportedly announced that it will boost its shift to becoming a digital transformation organization with an ambitious plan to transform the working style for its employees in Japan in the light of COVID-19 pandemic. ... Read More

UK banks developing code of conduct on defaulting business loans

Published Date: 2020-07-07         Author: Saipriya Iyer

UK banks are reportedly developing a code of conduct for businesses who have defaulted on the coronavirus loans which are taxpayer-backed. According to industry estimates, around 8 out of 10 borrowers may not be able to repay the loans in full amount. UK Finance and British Business Bank were rep... Read More

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