Business

Cipla net profit up 44 per cent in Q3

Wed, 02/08/2017 - 18:26

Mumbai, Feb 8 (IANS) Pharmaceutical major Cipla Ltd on Wednesday posted a 44 per cent increase in its consolidated net profit to Rs 374.83 crore in the quarter ended December 31, 2016, as compared to Rs 260.57 crore in the year-ago period.

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Sophos acquires Invincea for $100 mn

Wed, 02/08/2017 - 18:14

New Delhi, Feb 8 (IANS) IT security firm Sophos on Wednesday said it has acquired software company Invincea from its current shareholders for a cash consideration of $100 million with a $20 million earn-out.

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YouTube rolls out mobile live streaming feature

Wed, 02/08/2017 - 17:04

New Delhi, Feb 8 (IANS) YouTube has rolled out mobile live streaming feature to every creator with more than 10,000 subscribers to share their thoughts and lives.

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RBI maintains status quo on key lending rate (Third Lead)

Wed, 02/08/2017 - 16:16

Mumbai, Feb 8 (IANS) India's central bank on Wednesday kept key lending rates unchanged, as it shifted its monetary policy stand from accommodative to neutral citing inflationary fears and global uncertainties.

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Stratasys joins Dassault Systemes to boost additive manufacturing

Wed, 02/08/2017 - 16:14

Los Angeles, Feb 8 (IANS) The 3D printing and additive manufacturing solutions company Stratasys Ltd has announced a collaboration with global 3D printing major Dassault Systemes to provide next-generation design tools in the field of additive manufacturing.

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JustWatch can help you find where to legally watch movies

Wed, 02/08/2017 - 15:32

New Delhi, Feb 8 (IANS) With more Indian millennials aggressively migrating to video-on-demand (VOD) platforms to watch premium content, JustWatch -- a Berlin based start-up -- offers a search engine to help viewers find where to legally watch their favourite movies and television series online.

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RBI maintains status quo on key lending rate

Wed, 02/08/2017 - 15:20

Mumbai, Feb 8 (IANS) India's central bank on Wednesday kept its key lending rates unchanged, as it shifted its monetary policy stand from accommodative to neutral citing inflationary fears and global uncertainties.

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Equities tumble after RBI keeps lending rate unchanged

Wed, 02/08/2017 - 15:12

Mumbai, Feb 8 (IANS) Indian equities markets on Wednesday tumbled as the Reserve Bank of India (RBI) decided to keep its key lending rate unchanged at 6.25 per cent in its sixth and final monetary policy review for 2016-17.

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