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Refresh- DRI issues show cause notice to Samsung India over alleged customs duty evasionThe agency in the notice also asked why a penalty should not be imposed against the senior management of the company. The DRI also issued a show cause notice to PricewaterhouseCoopers Pvt Ltd (PwC) and an associate director, who was questioned during the probe.
- Infosys Q3 Results: Profit rises 13% YoY to Rs 6,586 crore; FY23 revenue guidance raised to 16-16.5%“Our revenue growth was strong in the quarter, with both digital business and core services growing,” said Salil Parekh, CEO and MD of Infosys. “As reflected in the large deals momentum, we continue to gain market share as a trusted transformation and operational partner for our clients.”
- Cognizant appoints Ravi Kumar as CEO, replaces Brian HumphriesInfosys veteran Ravi Kumar succeeds Brian Humphries as CEO of Cognizant
- Zerodha picks stake in this multibagger smallcap stockHDFC AMC (2.09%), Tata Mutual Fund (2.47%), Nippon Life India (3.95%) ICICI Prudential Life Insurance Company (3.28%), Vanguard (1.02%), Asian Development Bank (2.39%) and other foreign banks also have a stake in RBL Bank.
- TCS rolls out 100% variable pay for majority of the workforceTata Consultancy Services awarded 100% variable pay for the second quarter of FY23 as well. The average payout for Infosys during the same quarter was 65%.
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PERSONAL TECHNOLOGY
Amazon’s Alexa app gets a makeover, will be customised to suit users’ needs
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Spotify expands beyond audio content, launches video feature for podcasts
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OnePlus Nord launched with 6 cameras at Rs 24,999, to be available on August 4
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OnePlus Nord to get a Google twist with pre-installed Duo, Messages, Phone apps
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Sennheiser Momentum True Wireless 2 review: Features, audio experience make them worth the money
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HP 14s er0003TU review: Suitable for office-goers and students
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iOS 14 review: Takes privacy to a new high, has something for everyone
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Users wake up to #WhatsAppDown trend on Twitter, netizens have a field day
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Amazfit Bip S Lite will come to India on July 29, Verge Lite relaunched at Rs 4,999
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Samsung Galaxy Tab S6 Lite review: Slim tablet with the interesting S-Pen
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Sony WF-XB700 review: Water-resistant earbuds with excellent battery backup
