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More online gaming firms under I-T lens; Tatas may consolidate ecommerce biz under one entity

The action comes close on the heels of the GST intelligence wing issuing a similar notice earlier this month to a Bengaluru-based online gaming portal GamesKraft Technologies Pvt Ltd demanding Rs 21,000 crore in taxes, interest, and penalty.

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Cognizant will focus on digital, stay away from “uneconomic” deals

Walker’s remark during an exclusive interview comes amid reports that suggest that the Teaneck, New Jersey-based company may be slipping on the large-deals front. "There's a narrative, and there are some facts," he said.

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Fast Company shuts website after Apple News feed hacked

Apple said in a tweet that an incredibly offensive alert was sent by Fast Company, which has been hacked. Apple News has disabled their channel. The hackers posted a message on Fast Company's website before it disappeared, saying they were able to break in thanks to a password that was shared across many accounts, including an administrator.

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SEC fines Oracle over $23 million on bribery charges in India, Turkey and UAE

Oracle violated provisions of the Foreign Corrupt Practices Act (FCPA) as its subsidiaries created and used slush funds to bribe foreign officials for business purposes between 2016 and 2019.

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Apple cuts back on iPhone production amid dwindling demand

Apple has informed its suppliers about cutting back the assembly of as many as 6 million iPhone 14 variants in the year's second half.

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IT firms reach out for legal help to address moonlighting

Anshul Prakash, partner, employment labour & benefits at Khaitan & Co, said the number of companies that have reached out to them in the last two-three months runs into double digits.

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Walmart wants to on-board Indian sellers to join its marketplace in Canada

Walmart operates more than 400 stores in Canada and claims to be one of the largest online retailers and fastest growing marketplace platforms in the country.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...