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Google ordered to pay Sonos $32.5 million in a smart-speaker patent case by US Jury

A San Francisco federal jury ruled on Friday that Google, a subsidiary of Alphabet Inc., had to pay $32.5 million in penalties for violating one of Sonos Inc.’s patents in its cordless audio products. The lawsuit is part of a much larger intellectual property battle betw...
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Sun Pharma makes an offer to buy Taro’s remaining stock

In the latest move taken by the pharmaceutical brand, Sun Pharma on May 27, has offered to acquire the shares it doesn’t already own in Taro Pharmaceutical Industries, in which it is a majority shareholder, for USD 38 apiece. Currently, Sun Pharma owns a 78.48 percent of sta...
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Go First Airlines cancels flight operations till May 30

Cash-Strapped Go First Airlines extends the cancellation of the flight operation till May 30. The official announcement for the same was made by the airline on Saturday through its official Twitter account mentioning, “Due to operational reasons, Go First flights until 30th ...
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India witnessing ‘Snowball Effect,’ set for exponential growth: WEF President Borge Brende

World Economic Forum (WEF) President Borge Brende observed that India would achieve the strongest growth among the major countries this year, and the nation’s economy is currently experiencing the “famous snowball effect,” which will boost further investment ...
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Meta India layoffs: Top executives, including CMO, and legal director, asked to leave

The third wave of job layoffs by Facebook’s parent company Meta has affected 6,000 workers worldwide and had an effect on a number of staff members in India, including top officials and senior executives.  The director of marketing for India, Avinash Pant, the direc...

PM Modi meets Australian CEOs and other prominent public figures

The Indian industry should cooperate more with the Australian one in sectors like technology, skilling, and clean energy, Prime Minister Narendra M...

Adani Enterprises: You won’t believe how much shares have gained today

Shares of Gujarat-based Adani Group companies continue to increase on Tuesday, with Adani Enterprises rising over 19%, nearly four months after a c...

Banks gear up as the exchange process for Rs 2000 notes starts today

According to the guidelines issued by the Reserve Bank of India, the currency note of Rs 2000 can be exchanged at any nearest branch. Banks will ha...

TCS-led consortium bags APO worth Rs 15,000 cr from BSNL

The speculation that has been there in the market from months has come to an end after the announcement of the deal that Tata Consultancy Services ...

Why is Sep 30 deadline for Rs 2000 exchange? Clarifies RBI Governor

While addressing the media on Monday, Shaktikanta Das, the governor of the Reserve Bank of India (RBI) announced that the withdrawal of Rs 2000 ban...

No TCS on overseas spending of up to Rs 7 lakh: Finance Minister

As per sources, the government on Friday announced that they will not be charging tax on overseas spending of up to Rs 7 lakh in a year using debit...

RBI withdraws ₹2000 note from circulation; exchange facility available till Sept 30

The Reserve Bank of India has decided to stop printing bank notes with the denomination of ₹2000, however they are still apparently considered le...

SC dismisses Tata Motors’ plea, faces setback in Mumbai electric bus tender

In a significant setback to Tata Motors, the Supreme Court delivered the ruling on May 19, dismissing the company’s plea challenging its disquali...

SC’s clean chit to Adani Group: Prime facie no violation

The Adani Group has received the clean chit from the Supreme Court-appointed team of experts looking into the consequences of the Hindenburg claims...

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