Short covering buoys equity markets

Fri, 05/27/2016 - 14:30

Mumbai, May 27 (IANS) Short covering, along with healthy quarterly results and an appreciation in rupee's value, buoyed the Indian equity markets on Friday.


Do not drag RBI governor into unnecessary controversies: India Inc

Fri, 05/27/2016 - 14:24

New Delhi, May 27 (IANS) The RBI governor should not be dragged into unnecessary controversies, a top industry organisation said here on Friday, stressing that the central bank has played a pivotal role in bringing about macroeconomic stability for India.


HCL felicitated at artificial intelligence summit in London

Fri, 05/27/2016 - 14:06

Noida, May 27 (IANS) Leading global IT services company HCL Technologies has been named winner of the 'Best Innovation in Natural Language Processing (NLP)' award at the AIconics Awards during the "AI Summit" in London recently.


Advertising watchdog raps Patanjali ad claims

Fri, 05/27/2016 - 13:58

Mumbai, May 27 (IANS) The Advertising Standards Council of India (ASCI) has rapped yoga guru Baba Ramdev's Patanjali Ayurved Ltd. for "false and misleading" advertisements that also "denigrate" rival products.


LinkedIn notifies data breach, alerts 400 mn members to stay safe

Fri, 05/27/2016 - 13:50

New York, May 27 (IANS) Hit by a massive data breach that put nearly 167 million users' passwords and personal information in the hands of hackers four years back, the popular career-oriented platform LinkedIn has finally came out with an explanation and steps it has taken to protect users.


Maruti Suzuki to recall 77,380 cars

Fri, 05/27/2016 - 13:26

New Delhi, May 27 (IANS) India's largest car maker Maruti Suzuki on Friday announced the recall of 77,380 cars - Baleno and DZire models - to upgrade the airbag controller software and for replacing faulty fuel filters.


New method to reveal why your loan file was rejected

Fri, 05/27/2016 - 13:04

New York, May 27 (IANS) A new method developed by two Indian-origin engineers can provide important insights into how exactly a machine-learning algorithm comes to a decision to either accept or reject your loan application - something that usually remains a mystery.


Study impact of low oil prices on Kerala: Immigration expert

Fri, 05/27/2016 - 12:36

Thiruvananthapuram, May 27 (IANS) The new Kerala government should immediately commission a study on the impact of depressed oil prices on the remittances from the state's diaspora around the world, an expert has said.


Facebook most preferred among US citizens to get news: Survey

Fri, 05/27/2016 - 11:36

New York, May 27 (IANS) Nearly 62 percent Americans get news from various social media platforms like Reddit, Facebook and Twitter and social networking giant Facebook is leading the pack, according to a new survey.


Microsoft, Facebook to build 6,600 km subsea cable for faster internet

Fri, 05/27/2016 - 10:36

San Francisco, May 27 (IANS) Microsoft and Facebook have joined hands to build a new, state-of-the-art subsea cable across the Atlantic Ocean that will help meet the growing customer demand for high speed, reliable connections for cloud and online services for Microsoft, Facebook and their customers.