Reserve Bank of India (RBI) governor Shaktikanta Das on Friday announced a 75 basis points cut in its benchmark Repo Rate to deal with the impact of deadly coronavirus outbbreak on the economy.
Chinese phone maker Vivo is one of the biggest smartphone makers in the country, and it has managed to become so because of its strategy to focus on the offline market of the country. And now, in a bid to consolidate its position in the offline market, the company has announced that it will not be launching any more online exclusives in India in the coming year, reports IANS.
Facebook India’s vice president and managing director Ajit Mohan believes that the launch of WhatsApp Payments in the country would be the “biggest disruptor movement and lead to financial inclusion.”
Days after the government cut corporate tax rate, Maruti Suzuki, the country’s biggest car-maker announced a reduction in prices. Maruti Suzuki has reduced the price of select models by ₹5,000 (on ex-showroom price), effective from today. The price cut will be applicable on all variants of Alto 800, Alto K10, Swift Diesel, Celerio, Baleno Diesel, Ignis, Dzire Diesel, Tour S Diesel, Vitara Brezza and S-Cross, Maruti Suzuki said.
The Pentagon has put off awarding a 10 billion cloud computing contract sought by Amazon, saying Thursday that the process will be reviewed by the newly-appointed defense secretary.
GoDaddy on Saturday appointed Aman Bhutani as the company’s new global CEO since the internet names and registrations management major’s current chief Scott Wagner decided to step down citing health concerns.
Bengaluru, Global enterprise software leader VMware on Friday announced to appoint Pradeep Nair as vice president and managing director for its India operations.
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