Technology

Zen Technologies shares rally after order book update

Zen Technologies shares rally after order book update. New Delhi: Shares of Zen Technologies. NSE 19.97 % zoomed over 17 per cent on Tuesday to scale a new 52-week high after the company provided an update on its order book.

According to the regulatory filing, the order book of the company stood at Rs 402.6 crore on September 1, 2021 as against Rs 191.6 crore on June 30, 2021. The Hyderabad-based defence equipment maker bagged orders worth Rs 211 crore during July-August 2021 period.

Shares of Zen Technologies soared 17 per cent to Rs 113.70 before trading at Rs 110.20 at 11 am. BSE Sensex was trading 20.55 points, or 0.04 per cent, higher at 57,572.94 at the same time. The scrip settled at Rs 97.10 on Tuesday.

Windows 11 will begin rolling out in a phased manner beginning October 5. This means that you may not immediately see an update notification on the same day, but should receive it on your device soon after. The update will also only come to eligible users. You can check for your device’s update to Windows 11 post-October 5 by heading to Settings > Windows Update and select Check for updates.
Windows 11 minimum requirements

A few months back, Microsoft revealed some of the key requirements for running Windows 11 on a PC. It will need a processor that has two or more cores and a clock speed of 1GHz or higher. It will also need to have RAM of 4GB or more, and at least 64GB storage. The PC will also need a TPM security version of TPM 2.0 and SecureBootCapable support.

The company later also announced additional changes to its PC eligibility. The latest blog post of the company suggests that the new additions to the compatible CPU list include Intel Core X-series and Xeon W-series. The list now also includes Intel Core 7820HQ CPUs, but only selected devices running this CPU are compatible. The devices that shipped with modern drivers based on Declarative, Componentised, Hardware Support Apps (DCH) design principles such as the Surface Studio 2 are supported.

Microsoft also confirmed that there are no new additions for AMD CPUs. The company asserted that it has carefully analysed AMD Zen processors in partnership with AMD. Users will soon be able to use Microsoft’s PC Health Check app to find out whether their PC is compatible with Windows 11.

Chinese ride-hailing giant Didi Global Inc has set up a union for its staff while e-commerce powerhouse JD.com has also established one – landmark moves in the country’s tech sector where organised labour is extremely rare.

Regulators in China have come down hard on its biggest technology firms this year, criticising them for policies that exploit workers and infringe on consumer rights in addition to unleashing a slew of anti-trust probes and fines.

The government is also encouraging companies to implement initiatives to share wealth as part of a recent “common prosperity” drive laid out by President Xi Jinping to ease inequality in the world’s second-largest economy.

Didi’s union, announced on an internal forum last month, will be initially managed by employees at its Beijing headquarters and will be guided by the government-backed All China Federation of Trade Unions (ACTFU), said two people familiar with matter. They were not authorised to speak to media and declined to be identified.

JD.com established a trade union this week, a newspaper affiliated with the Beijing Federation of Trade Unions said, publishing pictures of the ceremony which was attended by a number of government officials.

JD.com confirmed the news, saying that some of its local units had created unions in past years and the new union – set up at the group level – aimed to coordinate planning and resources.

Didi did not immediately respond to a request for comment.

Didi has been criticised by state media for not paying its drivers fairly and it said in April it would set up a drivers committee to improve income stability and transparency over wages. It is also the subject of an investigation launched by several Chinese regulators on the heels of its $4.4 billion U.S. stock market listing.

Didi and JD.com are believed to be the biggest tech firms to date to have established company-wide unions, though authorities in the county of Shishou in China’s Hubei province said in June that local subsidiaries of Meituan and Alibaba’s Ele.me had established unions.

Meituan and Alibaba did not immediately respond to requests for comment.

The two food delivery firms have come under fire in local media for their treatment of delivery workers, most of whom are not covered by basic social and medical insurance.

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In July, the ACFTU and seven other top Chinese government bodies published guidance about safeguarding the rights of gig economy workers and suggested unions could play a role in helping negotiate with firms.

All unions in China are required to register with the ACFTU and have largely been confined to sectors such as manufacturing and transport.

The ACFTU’s track record in negotiating better terms for workers has, however, often been criticised.

Aidan Chau, a researcher at the Hong Kong-based China Labour Bulletin, said the country’s unions have rarely directly challenged how companies treat their workers, instead focusing on matters such as alleviating employee grievances and promoting work safety.

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