microsoft

 

Microsoft builds digital solution for CBSE to prevent paper leaks

Aug 13 2018

The Central Board of Secondary Education (CBSE), which came under heavy criticism this year following the leak of class 10 mathematics paper and class 12 economics paper, has forged a partnership with tech giant Microsoft to prevent such leaks in the future.

Nadella nets $36 mn after selling 30% of his Microsoft stock

Aug 11 2018

Satya Nadella netted $35.9 million after selling around 30 per cent of his common shares in the company, the media reported.

Microsoft to stop hosting Gab if anti-Semitic posts stay

Aug 10 2018

Gab, a US-based social network of choice for the far right, is facing suspension of hosting services from Microsoft over two anti-Semitic posts, the media reported.

Tech stocks drive Nasdaq higher; Dow, S&P flat

Aug 09 2018

The Dow and the S&P 500 were little changed, while the Nasdaq was firmly higher, propped up by the high-flying technology trio of Apple, Amazon and Microsoft.

Oracle Corp files protest over Pentagon cloud computing contract

Aug 08 2018

Oracle Corp (ORCL.N) filed a protest with the U.S. Department of Defense over its plans to award a cloud computing contract that could be worth up to $10 billion to a single company instead of allowing for multiple winners.

Surface line of products witnessing strong demand in India: Microsoft

Aug 07 2018

Tech giant Microsoft today said it expects its 'Surface' line of premium computing devices to be among the growth drivers for the company in India.

Microsoft Surface Book 2 and Surface Laptop now in India

Aug 07 2018

Aiming to empower enterprises and consumers to achieve more with its Windows devices, Microsoft on Tuesday added new entrants to its Surface family in India.

India panel wants localization of cloud storage data in possible blow to big tech firms

Aug 04 2018

A panel working on the Indian govt’s cloud computing policy wants data generated in India to be stored within the country, according to its draft report seen by Reuters, a proposal that could deal a blow to global technology giants such as Amazon and Microsoft who offer such services.

Challenges to AI adoption may pose risk to business: Microsoft

Aug 04 2018

In a message to investors, Microsoft has said that the challenges to adoption of Artificial Intelligence (AI)-based solutions by customers as well as changes to trade policy or agreements as a result of populism, protectionism or economic nationalism may pose a risk to its businesses.

Microsoft's 'Surface Go' is now shipping

Aug 03 2018

Microsoft's recently launched portable and affordable surface tablet "Surface Go" is now shipping.

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Global Markets

 

Stocks In News

 

BHARTI AIRTEL

Aircel moves SC to make Airtel clear dues

Alleges that the co withholding Rs453 Cr of bank guarantees paid on its behalf

Bank guarantees have lapsed and Aircel wants Airtel to pay the money

Alleged that Airtel is trying to usurp the sum

Aircel says without the money it may get liquidated

ET reports

MAX INDIA

Bain joins KKR in race for Max Healthcare stake

PE firms look to buy 47% stake from Life Healthcare for $450-540 Mn

ET reports

NAVNEET EDUCATION

To decide on buy back of shares on Aug. 20

JET AIRWAYS CLARIFIES

Co planning $400 Mn stake sale is speculative in nature

Jet Auditor BSR may quit if issues are not resolved is factually incorrect

Have been pro-actively working on multiple revenue enhancements

Evaluating various funding options to meet liquidity requirements on priority

Relationship with Etihad Airways very strong

No delays in discharging any loan obligations to any of the lenders

Default status in tabular statement only due to technical errors, rectified now

Clarifies that reports of stake sale are purely speculative

Also Clarifies that rumors of auditor quitting if issues not solved are factually incorrect

Seeks lenders help in bid to avoid default

Airline wants waiver of loan covenant on existing debt facility of $185mn

Co has to repay or refinance at least $500mn of existing debt to avoid default

Told lenders it won’t be able to meet min $50mn profit condition for FY19

Consortium of lenders yet to decide on Jet’s request

Airline’s total debt was Rs 9430 Cr as on 31st March 18

Mint reports

NSE TO JET AIRWAYS

Have noticed a difference in your responses dated August 9 & 10

Clarify whether mgmt extension from audit committee as per Aug 10 response

Or did Audit Committee not recommend results to board as per Aug 9 response?

In Aug 10 response, details of "Certain Matters Not Closed" not provided

Provide exact reasons for which audit committee has not approved results

Again ask you to give us date when board meet to consider results will be held

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