Shares of technology giant Infosys saw a decline of up to 2% on Friday, April 19, following the company’s announcement of missing revenue estimates and providing a softer guidance for the financial year 2025.
The US-listed shares of Infosys managed to recover slightly, trading 1% down at the opening after experiencing an 8% drop in pre-market trading on Thursday.
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Read moreIndia’s Vishal Mega Mart is planning a $1 billion initial public offering that would value the budget supermarket chain at up to $5 billion with some of the proceeds earmarked to add stores, two people with direct knowledge of the plan said. Switzerland’s Partners Group and India’s Kedaara Capital, which together have a majority stake in Vishal Mega Mart, will each sell shares…
Read moreThroughout his new memoir, Nicholas Kristof escapes plane crashes, dodges warlords and debates whether to let his family know he’s in danger in the moment or later. He also, not for nothing, survives and thrives as a globe-trotting newspaper writer during a period in which the shape-shifting economics of journalism have left that kind of career vanishingly rare. “Kristof has kept the tradit…
Read moreSingapore Airlines Ltd. has introduced tighter cabin restrictions when aircraft hit turbulence after one passenger died and scores were injured on a flight from London earlier this week.
The airline said Friday it’s taking a “more cautious approach” to managing turbulence after Flight SQ321 suddenly lost altitude on Tuesday and was forced to make an emergency landing in Bangkok. O…
Read moreThe tech industry is currently embroiled in a heated debate over the future of AI: should powerful systems be open-source and freely accessible, or closed and tightly monitored for dangers?
On Tuesday, Meta CEO Mark Zuckerberg fired a salvo into this ongoing battle, publishing not just a new series of powerful AI models, but also a manifesto forcefully advocating for the open-source appro…
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