Business
-
V-Guard to acquire Sunflame Enterprises for Rs 660 crore
Kochi: Kochi-based V-Guard Industries (V-Guard) on Saturday announced the signing of definitive agreements for acquiring 100 per cent stake in Sunflame Enterprises Private Ltd. (SEPL) for Rs 660 crore. The all-cash deal…
-
FTX CEO secretly gave $27 mn to crypto news site The Block, its CEO
San Francisco: Sam Bankman-Fried (SBF), former CEO of now bankrupt crypto exchange FTX, gave $27 million in a series of undisclosed loans to Michael McCaffrey, CEO of crypto news website The Block,…
-
PM to inaugurate 1st phase of Mumbai-Nagpur Super Expressway on Sunday
Nagpur: Prime Minister Narendra Modi will inaugurate the Phase-I of the Mumbai-Nagpur Samruddhi Mahamarg (Super Communication Expressway) and take a tour of the new thoroughfare on Sunday, officials said here on Saturday.…
-
Microsoft acquires firm developing high-speed cables
San Francisco: Microsoft has announced that it has acquired Lumenisity Limited, a leader in next-generation hollow core fibre (HCF) solutions. Lumenisity’s innovative and HCF product can allow fast, reliable and secure networking…
-
Elon Musk could lose world’s richest person title
London: Tesla has lost nearly half its market value since its founder, Elon Musk, bid for Twitter in April, reducing his net worth by about $70 billion and putting his title as…
-
Instant grocery delivery app Getir acquires rival Gorillas for $1.2 bn
London: Quick grocery delivery platform Getir has announced that it is acquiring its German rival platform Gorillas in a deal that has been reported to be around $1.2 billion. The Financial Times…
-
Cricketer Shikhar Dhawan announces 75 million dollar Global Investment Sports Tech Fund
Abu Dhabi: India opener Shikhar Dhawan on Friday announced that he would be launching a new 75 million dollars Global Investment Tech Fund to focus on innovation across the sports spectrum. The…
-
Noise launches affordable smartwatch with Bluetooth calling
New Delhi: Homegrown brand Noise on Friday launched a new affordable smartwatch with Bluetooth calling and a premium 1.85-inch display, to expand its Tru Sync portfolio of smartwatches. Noise ColorFit Loop is…
-
Apple spent nearly $100 bn on product innovation in last 5 years
New Delhi: Apple spent close to $100 billion on research and development over the last five years to stay on the top in the innovation race in the technology sector, a new…
-
Low-code software platform Airtable lays off over 250 employees
San Francisco: Airtable, a low-code platform for building collaborative apps, has laid off more than 250 employees or 20 per cent of its workforce across business development, engineering and other teams. TechCrunch…
-
Ashneer takes a dig at media as BharatPe sues him, family for Rs 88.6 cr fraud
New Delhi: Ashneer Grover took a dig at the media saying that how long are they going to sell the same story about him, after the Delhi High Court issued notice and…
-
Sitharaman to present statement on demands for grants for current fiscal in LS
New Delhi: Union Finance Minister Nirmala Sitharaman will present a statement in the Lok Sabha on Friday showing first batch of supplementary demands for grants for the current fiscal. She will also…
-
Over 2.15 lakh UDAN flights operated under RCS
New Delhi: A total of 453 routes have commenced, operationalising 70 airports, including two water aerodromes and nine heliports, under the government’s regional connectivity scheme (RCS). The Ministry of Civil Aviation launched…
-
Pentagon awards $9 bn Cloud project to Amazon, Microsoft, Google, Oracle
San Francisco: Ending the bitter Cloud war, the Pentagon has awarded its multi-billion dollar Cloud-computing contract to all the major players — Amazon, Google, Microsoft and Oracle – that can reach up…
-
Samsung becomes presenting partner of Qualcomm’s esports league
San Francisco: Qualcomm has announced that Samsung Electronics will be the official smartphone partner of its Snapdragon Pro Series in 2023, one of the largest multi-title mobile esports leagues. Snapdragon Pro Series’…
