NEW YORK: Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion including debt.
Microsoft will pay $56.00 per share.
Microsoft’s acquisition of Nuance comes after the companies formed a partnership in 2019.
The transaction is expected to close this year.
NEW DELHI: Income tax returns went up nearly 6% to 5.9 crore on Sunday, the last date for filing for fiscal year 2019-20 for all categories, other than companies or those with tax audit. By August 31, 2019, which was the last date for all categories including individuals for the fiscal year 2018-19, 5.6 crore […]
NEW DELHI/CHENNAI: India’s biggest gas marketing firm GAIL expects the share of spot and short-term liquefied natural gas (LNG) contracts in the nation’s gas consumption to rise after a slump in spot prices has made long-term deals less attractive. “Presently one third of the market is (made up of) spot contracts and two thirds are […]
NEW DELHI: Alcohol makers pitched for allowing online sales of spirits and crowd management at liquor shops as stores at several places in the country were ordered to put up the shutters on Monday with thousands of anxious tipplers breaking social distancing protocol. As India entered the third phase of lockdown and some restriction were […]
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