xBlogs

He said that this may change substantially if the case is substantially varied, but if it sticks to as currently pleaded, Hodge said the defence could make adjustments to accommodate working arrangements so as to avoid either creating difficulty for the applicants' legal team or pushing the trial back. … [Read more...] about COVID-19 lockdowns putting robo-debt class action timetable at risk

NTT has introduced its private cloud offerings to enterprise customers in Singapore and Hong Kong, extending the service portfolio beyond Europe and the US where it already is available. The launch is aimed at tapping digital transformation efforts that are sweeping through the region.  … [Read more...] about NTT introduces private cloud services in Singapore, Hong Kong

Cybersecurity firm Avast said on Wednesday it expected full-year organic revenue to grow at the upper end of its forecast after a strong first half, underpinned by the work-from-home trend. The company - a pioneer of the freemium model of giving away its basic software and selling additional capabilities- added 640,000 paying customers in the period. Shares in Avast, which joined the FTSE 100 index in June and touched an all-time high of 604.5 pence last month, were trading 5% lower in early deals at 569 pence. Chief Executive Ondrej Vlcek said Avast performed strongly in the half, aided by increased demand for its anti-virus, privacy and performance software driven by people working from home during the COVID-19 pandemic. "We are especially pleased by the increase in new customers," he said. "We now have over 13 million paying customers on the desktop platform." Vlcek said the company now expected its organic revenue to grow at the upper end of its previously stated … [Read more...] about Avast nudges up full-year outlook after work-from-home boost

NEW DELHI: Smartphone maker Xiaomi’s Redmi brand is gearing up for the launch of its new gaming laptop. The company has confirmed that it will launch its latest Redmi G gaming laptop in China on August 14. This is the second laptop of the company to launch this year as Redmi has already launched the RedmiBook 16 powered by Ryzen 4000 series processors in May. The all-new Redmi G gaming laptop is said to be powered by Intel Core i5-10200H or it could be an i5-10300H processor. The company claims that the laptop will offer best in class performance and will come with proper heat dissipation. The company also shared a teaser image of the upcoming laptop which confirms that the gaming laptop will come in Black colour. The image also confirms that the device will feature a 15-inch display surrounded by minimal bezels on all three sides. The webcam is placed below the display along with the Redmi branding. The right side of the laptop houses a USB port, 3.5mm audio jack, and huge … [Read more...] about Redmi G gaming laptop to launch on August 14

MasterCard has moved the Delhi High Court seeking a stay on payment of equalisation levy on digital transactions on grounds that it would lead to double taxation. Singapore-based MasterCard Asia Pacific Ltd. said that according to an Authority of Advance Ruling (AAR) order of June 2018 in favour of the income tax department, the company had a permanent establishment in India and was therefore paying income tax in line with the order. The Delhi AAR had ruled that MasterCard had fixed place, service and dependent agent permanent establishments in India under Article 5 of the India-Singapore Double Tax Avoidance Agreement in respect of services while using a global network and infrastructure to process card payment transactions for customers in India. The company has challenged the AAR’s ruling and the matter is pending. “Since the tax is already being paid, equalisation levy cannot be sought as it would lead to double taxation,” a lawyer representing the company … [Read more...] about MasterCard moves Delhi HC seeking a stay on payment of equalisation levy on digital transactions