Taking on SpaceX, Amazon to invest $10 bln in satellite broadband plan
The project will also benefit wireless carriers deploying 5G and other wireless service to new regions – The Hindu – Industry
Month: July 2020
Nokia posts surprise Q2 profit rise ahead of CEO change
Nokia is lagging behind its rivals China’s Huawei and Sweden’s Ericsson in 5G network sales. – The Hindu – Industry
Facebook smashes revenue estimates amid pandemic, forecasts ad growth
Facebook said in April it was seeing signs of stability for sales in the first three weeks of the quarter after a plunge in March. – The Hindu – … Read More
Apple delivers blowout earnings but new iPhones face delays amid COVID-19
Other major tech companies Amazon.com Inc and Facebook Inc also posted results that topped Wall Street targets, sending their shares up. – The Hindu – Industry
Opinion: Reliance Makeover Is Being Carefully Watched
From entertainment, education and healthcare to 5G for self-driving cars, Jio hopes to collect tiny sums from roughly 400 million subscribers of its core wireless service. – NDTV Profit … Read More
Torrent Pharma Surges 10% After Profit Rises 49% In June Quarter
Torrent Pharma’s revenue from US operations declined 1 per cent to Rs 373 crore while constant currency sales came in at $47 million. – NDTV Profit – Latest
Diesel Becomes Cheaper Than Petrol In Delhi After VAT Cut
The prices of petrol and diesel are broadly determined by crude oil and forex rates. However, the retail rates vary from state to state due to local taxes. – … Read More
Trending stocks: YES Bank shares up nearly 1%
Shares of YES Bank Ltd. traded 0.42 per cent up in trade at 10:02AM on Friday. – Stocks-Markets-Economic Times
Trending stocks: IndusInd Bank shares gain over 1%
Shares of IndusInd Bank Ltd. traded 1.1 per cent up in trade at 09:59AM on Friday. – Stocks-Markets-Economic Times
Trending stocks: SBI shares gain over 2% in early trade
Shares of State Bank of India traded 2.22 per cent up in trade at 09:53AM on Friday. – Stocks-Markets-Economic Times