reuters

Reuters

This counterclaim follows Cognizant’s own lawsuit against Infosys in August 2022, accusing it of stealing trade secrets tied to its TriZetto healthcare software.

Infosys accuses Cognizant CEO Ravi Kumar of stalling key project for rival's gain

by Reuters |Jan 11, 2025

Infosys claims that Kumar, a former senior executive at the company, obstructed Helix’s development by withholding resources during his tenure at Infosys while negotiating his move to Cognizant.

Gautam Adani set up Adani Group in 1988, beginning with commodities trading.

Arrest warrants issued in US for Gautam Adani & others over bribery charges

by Reuters |Nov 21, 2024

The Adani Group, in a statement, said that the allegations were "baseless and denied", adding that it would seek "all possible legal recourse".

Oil prices rise on US storm, fears of Israel-Iran conflict

Oil prices rise on US storm, fears of Israel-Iran conflict

by Reuters |Oct 10, 2024

The world's largest oil producer and consumer has been hit by a second major storm, Hurricane Milton, which made landfall on Florida's west coast, spawning tornadoes and threatening surges of seawater...

Apple accused by US labour board of illegal workplace rules

Apple accused by US labour board of imposing illegal workplace rules

by Reuters |Oct 2, 2024

The complaint accuses Apple of "interfering with, restraining, and coercing employees in the exercise of" their rights under federal labor law.

The CCI investigation report comes at a time when Apple is facing increased antitrust scrutiny in other regions.

Apple pins hopes on AI for iPhone upgrades as China sales falter

by Reuters |Aug 1, 2024

Analysts expect a strong upgrade cycle for the iPhone 16 series, likely to be launched in September

Many companies across the tech, media, finance and retail industries made significant cuts to staff in 2023 as well.

Layoffs pile up in US, Canada as companies uncertain of economy

by Reuters |Aug 9, 2024

Amazon's job cuts include less than 5% of employees at Buy with Prime unit, 5% at audiobook and podcast division Audible, several hundred in streaming and studio operations, 35% at streaming unit Twi...

Cyclone Remal hits India and Bangladesh (PC: Reuters)

Cyclone Remal makes landfall: Millions without power as strong winds, heavy rain pounds India, Bangladesh

by Reuters |May 27, 2024

Cyclone Remal landfall: The landfall process began around 9 pm local time in India on Sunday and continued for about five hours, the regional meteorological office in Kolkata said.

The Fed has kept its benchmark policy rate steady in a 5.25% to 5.5% range since July, while investors have pushed back rate cut expectations until the fall.

US Fed's Powell: Expect inflation to fall, though not as confident as before; next move unlikely to be a rate hike

by Reuters |May 14, 2024

US Federal Reserve Chair Jerome Powell spoke shortly after new data showed producer prices in April rose more quickly than expected, a possible sign of pressure building on the prices charged to consu...

Deepfakes of Bollywood stars spark worries of AI meddling in India election

by Reuters |Apr 22, 2024

In a 30-second video that shows Aamir Khan and another 41-second clip of Ranveer Singh, the two Bollywood actors purportedly say Modi failed to keep campaign promises and failed to address critical ec...

Tesla recently cut the US monthly subscription price for the feature from $199, while giving every Tesla customer a month's free subscription to the software. Photo: Reuters

Falling sales: Tesla cuts price of full self-driving software by a third to $8,000 in US

by Reuters |Apr 21, 2024

Musk is betting on the technology to become cash cow for the world's most valuable automaker. But he has for years failed to achieve the goal of self-driving capability, with the technology under grow...