Industry News

Netflix, which entered India in January, has launched a marketing campaign. The platform's first-ever digital brand film for India titled Commitment features standup comedian Abish Mathew, who proposes to his lady love over a dinner date. Surprised and ecstatic, the girlfriend accepts the proposal when she peeks into ring box to find Mathew's Netflix Id and password."/>
Netflix India rolls out its first digital brand film [Mint, New Delhi]
Alphabet Inc.' s revenue growth in the second quarter, as it has for years now. Revenue at Alphabet--Google's parent firm, formed in 2015-- rose 21% to $21.5 billion in April-June from a year ago. Advertising revenue reached $19.14 billion, a 19% year-on-year increase."/>
Google continues to ride high on advertising in June quarter [Mint, New Delhi]
Ashok Leyland Ltd, resigned from the board of directors with effect from 28 July, the company said in a BSE filing on Friday. Seshasayee is also the non-executive chairman of Infosys Ltd and chairman of Indusind Bank Ltd.. Last year, the board of Infosys named Seshasayee, who was an independent director at the Bengaluru-based software services firm, as non-executive chairman, replacing K.V."/>
BRIEF: R. Seshasayee resigns from Ashok Leyland board [Mint, New Delhi]
Genpact, and Singapore-based angel investor Evan Lim. Existing investors Hemant Kaul, former chief executive officer, Allianz General Insurance, and Ram Kumar Kakani, professor, XLRI, also participated in the round."/>
Medinfi raises $200,000 from Genpact, others [Mint, New Delhi]
Lexmark on Friday reported a second-quarter a net loss of $35.4 million, or a loss of 56 cents per diluted share, slightly worse than the same quarter of 2015.. Year-to-date, the business software and printing company reported a loss of $74.8 million, or net loss of $1.19 per share, compared to a $14.5 million loss, or a 24 cents a share loss, in the same six months of 2015.. Earnings adjusted for interest, taxes, depreciation and amortization were $114 million or..."/>
Lexmark posts second quarter loss of $35.4 million [Lexington Herald-Leader]
The Seattle Times Patrick Marshall column [The Seattle Times]
Cheesecake Factory and take home a free lasagna compliments of Carrabba's!"/>
Freebie Friday: Free beers, chicken wings, lasagna, popcorn and more! [Sun Sentinel]
NetSuite, the California software company that gained a local presence with last year's $200 million acquisition of Bronto Software, is itself being acquired by Oracle for $9.3 billion. The deal announced Thursday is being viewed as a way for Oracle to boost its cloud-based services. Oracle's cloud division accounted for less than 10 percent of overall sales in its latest quarter."/>
Corporate parent of Durham's Bronto Software is acquired by Oracle for $9.3 billion [The News & Observer (Raleigh, N.C.)]
Baker Hughes. The latest build brought the total number of rigs active in the region to 172, all of which targeted oil. Nationally, the oil and gas rig count increased by one to 463."/>
BRIEF: Permian Basin gains four rigs [Odessa American, Texas]

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