Strong deal pipeline will translate into revenues: HCL Tech CEO C Vijaykumar

Sees cost optimisation opportunities balancing out the lack of discretionary projects in the tech services market.

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Lending platform Yubi valued at $1.5-billion in secondary sale by investors

The company has also held talks with prospective shareholders for a primary fund infusion.

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Wipro’s Q1 net profit up 12% to Rs 2,870 crore, misses estimates

India’s fourth-largest software company expects revenue in the ongoing fiscal quarter to be between a sequential fall of 2% and a growth of 1% in constant currency, or without forex fluctuations.

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UPI comes to France. Soon, spend in rupee at Eiffel Tower

India’s Unified Payments Interface (UPI) will be adopted by France, according to the announcement made by Indian Prime Minister during his visit to France. UPI will enable Indian tourists to pay in rupees at the Eiffel Tower. The National Payments Corporation Of India (NPCI) is in talks with other countries, including the USA, Europe, and West Asia, to extend UPI services.

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Twitter changes policy on DMs, users to receive messages in ‘request inbox’ from verified non-followers

The microblogging site said that starting July 14, users will get messages only from accounts they follow in their primary inbox, while messages from verified users they don't follow will go to a secondary ‘request inbox’.

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US FTC asks appeals court to pause Microsoft's Activision deal: report

A US appeals court on the West Coast opened a docket on Thursday on the FTC's effort to overturn its loss, but no docket entries requesting a stay were visible in mid-afternoon.

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US House Republicans interrogate FTC's Lina Khan over regulation of Big Tech

Republicans charged that Lina Khan is "harassing" Twitter since its acquisition by Elon Musk, arbitrarily suing large tech companies and declining to recuse herself from certain cases. In April, the committee subpoenaed Khan after an investigation by the panel that concluded the agency went after Musk for political reasons.

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