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Oil rig count continues downward trend in US
Houston, Feb 20: The oil rig count continued its downward trend in the United States this week with only 413 still operating, a leading oil field service company said.
The number of oil rigs in the country this week fell by 26, and the…
The curious case of ‘Freedom 251’: 5 crore registrations, 25 lakh sets promised
New Delhi, Feb 20: While the world kept asking questions and Indians remained puzzled, the Noida-based startup, promising a Rs.251 (less than $4) "Make in India" smartphone, on Friday claimed to have received nearly five crore registrations…
Infosys hires new chief executive for consulting
Bengaluru, Feb 19: Global software major Infosys Ltd. on Friday hired Michael Pesch as the new chief executive of its consulting business from April 1.
"As chief executive of Infosys Consulting Holding AG, Pesch will be responsible for…
Cochin International Airport’s 3rd terminal to open next week
Kochi, Feb 19: The third terminal at the Cochin International Airport here will be opened next Friday by Chief Minister Oommen Chandy, an official said.
"The brand new terminal is built in a record time of two years over an area of 15…
L&T wins overseas orders of Rs.1,404 crore
Mumbai, Feb 19: Engineering and construction conglomerate Larsen & Toubro (L&T) on Friday said it has won orders worth Rs.1,404 crore across different business verticals.
"L&T Construction wins orders valued Rs.1,404 crore,"…
Facebook to launch ads in Messenger?
New York, Feb 19: A leaked document from Facebook has revealed that the social networking giant may launch ads within Messenger in the second quarter of 2016.
The document, obtained by the tech website Tech Crunch, read: "Businesses will…
Malaysia to suspend recruitment of foreign workers
Kuala Lumpur, Feb 19: Malaysia will suspend the hiring of foreign workers, Deputy Prime Minister Ahmad Zahid Hamidi announced on Friday, a day after the government announced an agreement to recruit thousands of Bangladeshis.
Hamidi said…
HSBC offers customers voice, fingerprint ID system
London, Feb 19: HSBC bank is set to launch voice recognition and fingerprint ID security services in Britain in an effort towards introducing biometric banking, the media reported on Friday.
The bank said its internet banking customers…
SBI raises Rs.3,000 crore through bond issue
Chennai, Feb 19: India's largest mortgage lender State Bank of India (SBI) on Friday said it has raised Rs.3,000 crore through issue of bonds on a private placement basis.
In a regulatory filing in BSE, the bank said it had raised a sum…
Bad run continues for ‘Freedom 251’, website down again on second day
New Delhi, Feb 19: A day after promising to restore its online pre-order services for the Indian masses to book the world's cheapest "Make in India" smartphone, the "Freedom 251" website continued its poor run on Friday as people faced…