Oil refining and fuel marketing companies Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) will this week consider issuing bonus shares to their shareholders. In separate filings to the stock exchanges, the two firms said their boards will meet on May 9 to consider and approve the issuance of bonus shares.
Open FlipMicrosoft was hit with a Spanish startup group's complaint about its cloud practices to the Spanish antitrust regulator on Tuesday, the latest grievance over its fast-growing cloud computing services and which followed a trade group's EU complaint. The U.S. tech giant ranks second in the cloud computing sector, behind market leader Amazon but is expected to close the gap rapidly.
Open FlipEuropean telecom equipment vendors Ericsson and Nokia are seeking to secure 4G and 5G business from Vodafone Idea, not only in circles where they provide services but also where 4G technology has been deployed by Chinese companies Huawei and ZTE, executives and analysts said.The European companies, however, will face competition from US vendor Mavenir and South Korea’s Samsung.
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