Mumbai (Maharashtra) [India], Aug 21 (ANI): An appeals court in the United States has held that punitive damages of 280 million dollars against Tata Consultancy Services (TCS) in a trade secret lawsuit filed by American medical software company Epic Systems were excessive.
Pune (Maharashtra) [India], Aug 18 (ANI): Birlasoft, part of the 2.4 billion dollars C K Birla Group, on Tuesday announced a global strategic alliance with Microsoft and said it has plans to scale its cloud business to 100 million dollars (about Rs 748 crore).
Washington [US], August 11 (ANI): A study outlines a strategy that could save years of drug discovery research and millions of dollars in drug development by repurposing existing treatments designed for other diseases such as cancer. The study demonstrated that the parasites that cause malar
New Delhi [India], Aug 7 (ANI): Gold-backed exchange-traded funds (ETFs) and similar products recorded their eighth consecutive month of positive flows, adding 166 tonnes in July -- equivalent to 9.7 billion dollars or 4 per cent of assets under management (AUMs), the World Gold Council has
Manila [The Philippines], Aug 3 (ANI): Global remittances will fall by 108.6 billion dollars if the Covid-19 economic impact persists throughout the year, the Asian Development Bank (ADB) said on Monday.
Texas [USA], Aug 3 (ANI): 7-Eleven Inc has entered into an agreement to acquire Speedway, a leading convenience store chain, from Marathon Petroleum Corp for 21 billion dollars in cash.
New York [USA], Aug 1 (ANI): Apple has surpassed oil giant Saudi Aramco to become the world's most valuable publicly traded company with a market valuation of 1.84 trillion dollars.
Mumbai (Maharashtra) [India], July 31 (ANI): Reliance Power and JERA Co Inc, which are developing a new gas-fired power generation project in Bangladesh, have signed a loan agreement for full financing totalling 642 million dollars with a group of banks that includes the Japan Bank for Inter
Islamabad [Pakistan], July 29 (ANI): Tania Aidrus, special assistant to the prime minister (SAPM) on Digital Pakistan, has submitted her resignation following Pakistan government releasing a list of top 20 aides admitting to owning movable and immovable assets worth millions of dollars abroa
New Delhi [India], July 29 (ANI): IBM Security on Wednesday announced the results of a global study examining the financial impact of data breaches, showing that these incidents cost companies 3.86 million dollars per breach on average and that compromised employee accounts were the most exp
Washington DC [USA], July 27 (ANI): Amid the growing Chinese movement in the South China Sea, Vietnam has agreed to pay around a billion dollars to two international companies after cancelling their drill operations following pressure from Beijing, The Diplomat reported.
Mumbai (Maharashtra) [India], July 25 (ANI): Fitch Ratings has downgraded Future Retail's long-term issuer default rating and the rating on its 500 million dollars 5.6 per cent senior secured notes due in 2025 to C from CCC-plus with the recovery rating remaining at RR4.