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CrowdStrike Faces Class Action Lawsuit Over Outage, Shareholders Allege Fraud

Shareholders claim the company misrepresented the robustness of its software testing

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Infosys Disputes Rs 32,403 Cr GST Demand, Maintains Dues Paid

Karnataka State GST authorities had issued a pre-show cause notice for the payment of GST related to expenses incurred by its overseas branch offices

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Sonata Software Sees Mixed Profit Trends In Q1 FY25

The company’s profit after tax (PAT) experienced a decline, standing at Rs 105.6 crore, a QoQ de-growth of 4.3 per cent

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Microsoft Stock Spirals As AI Business Performs Worse-than-forecasted

Microsoft's stock falls by 6 per cent following disappointing AI sales performance, investors question the sustainability of AI-driven growth

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Intel Plans Major Layoffs Amid Financial Struggles, Emphasises On Reorganisation

With PC demand decreasing and semiconductor industry rivalry rising, Intel intends to make large layoffs in an effort to save costs and improve operations

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Vivo's Greater Noida Facility To Boost Production, Aims To Produce 120 Million Units Annually

New plant in Greater Noida to expand local manufacturing presence and job creation in India and will replace the older facility

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Birlasoft Sees Revenue Dip In Q1; Management Flags Challenging Market Conditions

In rupee terms, revenue amounted to Rs 1,327.4 crore, a decrease of 2.6 per cent from the March quarter

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$55 Bn Lost As Indians Spend 15 Bn Hours On Hold

India's customer service fails to deliver as billions of hours are lost waiting to connect on phone call

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