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HCL Techs business in America is rosy, but uncertainty among customers in Europe can cause problems

Shares of HCL Technologies traded at Rs 916, down 0.2 percent from the previous close of BSE. The stock fell after two consecutive days of earnings af

Shares of HCL Technologies traded at Rs 916, down 0.2 percent from the previous close of BSE. The stock fell after two consecutive days of earnings after the company announced it was selected as a digital transformation partner for the NY Giants, New York Jets and MetLife Stadium in New Jersey. A lower operating margin indicates a lower profitability of a company. HCL Tech is Indias third largest information technology company after TCS and Infosys. For the AprilJune quarter, HCL reported sales growth of 22.5% from Europe compared to the corresponding period a year ago. Due to the surge in fuel prices, inflation in Europe reached 9.1% in August, forcing many small businesses to go out of business. Read More..

B2B Tech News | 2 years ago          

WebEngage Unites Businesses for EngagementCentric Digital Transformation at EngageMint at Gurugram

WebEngages EngageMint Enterprise Gurugram was the firstofitskind conference by WebEngage for legacy businesses. It was attended by senior executives f

WebEngages EngageMint Enterprise Gurugram was the firstofitskind conference by WebEngage for legacy businesses. It was attended by senior executives from some of the leading brands such as Unilever, ICICI Securities, DBS Bank, Duroflex, India Today, The Postcard Hotel, Shoppers Stop, Fabindia, Health & Glow among others. The keynotes touched upon building a 360degree customer view through contextualized data and cuttingedge analytics, and service excellence as a moat. EngageMint Enterprise saw over 250 attendees gathering to listen to 15 speakers. Rajat Tangri, Head of Performance Marketing & Automation Fabindia and Atul Shinde, Sr.Marketing Manager Shoppers Stop led a panel on digital transformation and retention in the retail industry. Read More..

B2B Tech News | 2 years ago          

European markets fell sharply as global shares retreated. Stokes 600 drops 1.9%

Early in the afternoon, the panEuropean Stoxx 600 was down 0.6% after partially recovering from earlier losses of nearly 2%. After an extremely turbul

Early in the afternoon, the panEuropean Stoxx 600 was down 0.6% after partially recovering from earlier losses of nearly 2%. After an extremely turbulent night for markets in the AsiaPacific, there was negative trading in Europe. After the S&P 500 hit a new 2022 low, several important indexes in the area fell by more than 2%. The Bank of Englands announcement that it would suspend its sale of U.K. gilts the following week and temporarily buy longdated bonds for two weeks in order to quell the market chaos caused by the new British governments alleged "minibudget" was the days major financial news in Europe. Read More..

B2B Tech News | 2 years ago          

An Emerging Leader in Digital Engineering Services, Solvd Inc., Has a Majority Stake Acquired by Siguler Guff

Solvd secured a majority stake in Siguler Guff & Company, LP, a global, multistrategy private markets investment firm with extensive experience in the

Solvd secured a majority stake in Siguler Guff & Company, LP, a global, multistrategy private markets investment firm with extensive experience in the digital product development industry. Solvd serves Fortune 500 clients in several highgrowth industries, including FinTech, Retail, Media & Entertainment, Software, and Health & Wellness. The company will also seek to further support its management team by adding sales and engineering professionals in the United States. Solvd is a global technology consulting and software development company with more than 600 engineers in eight countries in Latin America, North America and Europe. Solvd has developed a core competency in software QA consulting and test automation and its solutions have been extended to include custom application development, DevOps, AR/VR development, among others. The company has also developed a rich intellectual property library that includes Zebrunner, an innovative proprietary quality management platform. Read More..

B2B Tech News | 2 years ago          

As an excise discount expires, Australian drivers might see a petrol price increase of up to 24% per litre

The Albanese government has resisted pressure to extend the halving of the fuel tax, which expires at midnight Wednesday, by six months. The policy, i

The Albanese government has resisted pressure to extend the halving of the fuel tax, which expires at midnight Wednesday, by six months. The policy, inherited from the Morrison government, cost the budget $ 3 billion. The Australian Competition and Consumer Commission has warned petrol stations that they will be looking for outlets to pass the increase on to customers. The Albanian government has resisted pressure to extend the halving of the fuel tax, which expires at midnight Wednesday, by six months. The policy, inherited from the Morrison government, cost the budget $ 3 billion. Motorists group NRMA said recent increases at the Bowser showed companies had raised prices far beyond what was warranted by global market conditions. Read More..

B2B Tech News | 2 years ago          

Chinese yuan Exchange rate plunges to record lows versus the US currency

The Chinese currency, the yuan, fell to an alltime low against the dollar on Wednesday as the US dollar continued to strengthen. Many investors see th

The Chinese currency, the yuan, fell to an alltime low against the dollar on Wednesday as the US dollar continued to strengthen. Many investors see the dollar as a safe place to put their money in times of trouble and it has helped drive up its value against other currencies, including the pound. The fall in the yuans value can actually be helpful for exporters within China because it will make their goods cheaper and so increase demand. The fall of the yuan led to the weakness of other currencies in the regions developed economies, including the Australian and Singapore dollar. A weaker currency could also lead to investors withdrawing their money from the country and uncertainty in the financial markets. Chinas central bank has tried to slow the decline of the yuan by making it more expensive to bet against the currency. Read More..

B2B Tech News | 2 years ago          

Recovery after buying Japanese stocks

Based on the closing price, the Nikkei 225 rose 140.32 points 0.53% to 26,571.87. The Tokyo Stock Exchange Topix index closed at 1,873.01, up 8.73 poi

Based on the closing price, the Nikkei 225 rose 140.32 points 0.53% to 26,571.87. The Tokyo Stock Exchange Topix index closed at 1,873.01, up 8.73 points, or 0.47 percent, on the day. Shares in airlines and retailers rose on hopes that inbound tourism will recover as the Japanese government plans to raise the maximum daily entry limit, now set at 50,000, next month. Japan Airlines rose 0.8 percent and ANA Holdings rose 1.2 percent. Toyota Motor, Honda, and Nissan rose 12 percent as Finance Minister Sunichi Suzuki warned against speculative moves in the currency market and the Bank of Japan took another unplanned action to curb interest rate hikes. Read More..

B2B Tech News | 2 years ago          

To increase mobile payments in Latin America, Bango collaborates with Movistar Mexico.

Bango PLC has partnered with Telefónica subsidiary Movistar Mexico to streamline mobile payments with direct billing through the mobile operator. Onc

Bango PLC has partnered with Telefónica subsidiary Movistar Mexico to streamline mobile payments with direct billing through the mobile operator. Once the Bango platform is integrated, Movistar will offer its customers in Mexico the possibility of purchasing digital services such as applications, games and content. Paul Larbey, CEO of Bango added This partnership with Movistar expands our presence in Mexico.Paul Larbey, CEO of Bango added This partnership with Movistar expands our presence in Mexico. Read More..

B2B Tech News | 2 years ago          



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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