Xiaomi on Thursday said it has partnered with contract manufacturers BYD, DBG and Radiant to strengthen its ‘Make in India’ efforts. The Chinese company has tied up with BYD and DBG for smartphones, while Radiant will help augment the company’s capacity of smart TVs in India. The DBG unit in […]
Read moreFlipkart, trade body tie up to help small businesses grow
The partnership would enable the artisans, weavers, craftsmen and small industries to showcase their products from the house of Flipkart. Flipkart, an e-commerce firm, on Thursday said it has signed a memorandum of understanding (MoU) with Tamil Nadu Micro, Small Medium Enterprises Trade and Investment Promotion Bureau to serve local […]
Read moreCoherent To Engage In Merger Talks With II-VI; Continues To Recommend Lumentum Deal
Coherent, Inc. (COHR), a provider of lasers and laser-based technology, announced Tuesday that its board of directors has planned to engage in talks with II-VI Inc. (IIVI) in response to a takeover proposal. Coherent already has agreed to be bought by Lumentum Holdings Inc. (LITE) in a deal with $100.00 […]
Read moreCover drive in pandemic times
COVID-19 has propelled the need for choosing a plan with higher sum insured The ongoing COVID-19 pandemic has certainly made us all understand the importance of buying health insurance. Moreover, even the numbers tell the same story. As per prominent global reinsurer Swiss Re’s Consumer Survey, conducted in 2020, Indian […]
Read moreVerano Closes Reverse Takeover Of Majesta Minerals, Merger With AltMed
Multistate cannabis operator Verano Holdings said it has completed the reverse takeover of Canada-based Majesta Minerals Inc. and received conditional approval for listing of the company’s subordinate voting shares on the Canadian Securities Exchange. The company added that in connection with the reverse takeover, its previously announced merger transaction with […]
Read more17 major OTT players adopt toolkit for regulation
The Internet and Mobile Association of India said it will set up an ‘IAMAI Secretariat for the Code’ to administer implementation their self-regulation code and the toolkit. Even as the government is soon expected to come out with regulations for OTT platforms, the Internet and Mobile Association of India (IAMAI) […]
Read moreBiden’s executive order on oil and gas drilling threatens ‘lifeblood’ of New Mexico economy
Oil, gas industry ‘extremely concerned’ about outright ban on drilling on federal lands The oil and gas industry is seeing big fallout following President Biden’s executive order canceling the Keystone XL pipeline. FOX Business’ Grady Trimble with more. An oil and gas employee in New Mexico warned that President Biden’s […]
Read moreEconomic Survey | PLI scheme to make India integral part of global supply chain
The Survey said the PLI scheme will ensure efficiencies, create economies of scale, enhance exports, provide a conducive manufacturing ecosystem, and make India an integral part of the global supply chain especially for the 10 sectors identified under the scheme. The ₹1.46-lakh crore PLI scheme is expected to make India […]
Read moreWorkday To Acquire Peakon For About $700 Mln In Cash – Quick Facts
Workday, Inc. (WDAY), a provider of enterprise cloud applications for finance and human resources, has agreed to acquire Peakon ApS for consideration of about $700 million in cash, subject to adjustments, the two companies said Thursday. Peakon is a Denmark-based employee success platform that converts feedback into actionable insights. The […]
Read moreSamsung reports profit jump driven by strong chip demand
“For 2021, the company expects a recovery in overall global demand but uncertainties persist over the possibility of recurring COVID-19 waves,” Samsung said in an emailed statement. Samsung Electronics Co. said on January 28 its operating profit for last quarter rose by more than 26% as it capped off a […]
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