AI fuels Microsoft's growth, revenue surges 17%, azure up 31%
The Business Guardian|April 27, 2024
Microsoft Corporation announced robust financial results for its third quarter ending on March 31, with revenue soaring to $61.9 billion, marking a notable 17% increase from the previous year.
AI fuels Microsoft's growth, revenue surges 17%, azure up 31%

The company’s profits reached $2.94 per share; surpassing analyst estimates of $2.83 per share on sales of $60.9 billion. The stellar performance was largely attributed to strong corporate demand for its cloud and artificial intelligence (AI) offerings.

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MPOWER Financing’s inaugural securitization achieves A ratings

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RBI, SEBI, HOME MINISTRY MEET TRAI T0 COMBAT UNSOLICITED CALLS MISUSE
The Business Guardian

RBI, SEBI, HOME MINISTRY MEET TRAI T0 COMBAT UNSOLICITED CALLS MISUSE

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The Business Guardian

Supreme Court Allows Candidates With Disabilities To Attend Interview If They Have Got Minimum Marks Prescribed For SC/ST Categories

The Supreme Court in the case In Re Recruitment of Visually Impaired In Judicial Services observed and has resumed its hearing in a suo motu matter regarding a rule in the State of Madhya Pradesh that excludes visually impaired and no-vision candidates from seeking appointment to judicial services.

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INDIA, FRANCE CONDUCT JOINT MILITARY EXERCISE 'SHAKTI' ON JUNGLE SURVIVAL
The Business Guardian

INDIA, FRANCE CONDUCT JOINT MILITARY EXERCISE 'SHAKTI' ON JUNGLE SURVIVAL

In nthe ongoing 7th edition of Joint Exercise Shakti, the Indian and French armies collaborated on drills and shared expertise in jungle survival techniques.

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May 23, 2024
SUPREME COURT POSTS PLEAS REGARDING VALIDITY OF CONSUMER PROTECTION RULES ON APPOINTMENT OF MEMBERS NEXT WEEK FOR DISPOSAL
The Business Guardian

SUPREME COURT POSTS PLEAS REGARDING VALIDITY OF CONSUMER PROTECTION RULES ON APPOINTMENT OF MEMBERS NEXT WEEK FOR DISPOSAL

The Supreme Court in the case GaneshKumar Rajeshwarrao Selukar And Ors. v. Mahendra Bhaskar Limaye And Ors. observed and has ordered that it will hear a batch of an appeals against the Supreme Court against the judgment of the Bombay High Court, the Nagpur bench which struck down Rule 6(1) of the Consumer Protection Rules, 2020, next week.

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May 23, 2024
US Embassy in London refuses to pay $18.6 mn congestion charge
The Business Guardian

US Embassy in London refuses to pay $18.6 mn congestion charge

According to CNN, the LUS embassy in London is declining to settle over USD 18.6 million in unpaid congestion charges, as reported by Transport for London (TfL), which oversees the city's transport network.

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May 23, 2024
SpiceJet demands Rs 450 cr refund from former promoter Maran
The Business Guardian

SpiceJet demands Rs 450 cr refund from former promoter Maran

Spice piceJet plans to reclaim Rs 450 crore from its former promoter Kalanithi Maran following a Delhi High Court decision last week in favor of the airline after a prolonged dispute over share transfers.

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Paytm Q4: Loss widens to Rs 549.60 cr, revenue down 2.6%
The Business Guardian

Paytm Q4: Loss widens to Rs 549.60 cr, revenue down 2.6%

Pay aytm, the digital payments firm, reported a widened consolidated loss of Rs 549.6 crore in Q4 FY24, up from Rs 168.4 crore a year ago.

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1 min  |
May 23, 2024
GOVT ALLOCATES RS 2,000 CR FOR CUSTOM Al MODEL
The Business Guardian

GOVT ALLOCATES RS 2,000 CR FOR CUSTOM Al MODEL

The government is planning to chart its own course in the field of artificial intelligence AT) by laying the groundwork for a bespoke foundational model tailored to the needs of Indian companies

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May 23, 2024
Nippon India mutual fund makes history with unique sound logo
The Business Guardian

Nippon India mutual fund makes history with unique sound logo

Nipp Tippon Life India Asset Management Limited (NAM India), the asset manager of Nippon India Mutual Fund (NIMF), has introduced its pioneering sonic identity, marking a significant milestone in India's financial sector.

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May 23, 2024