As a result of a crackdown at home and the strain in other main markets, Chinese tech giants are expanding in Singapore, but they may struggle to find talent. Tencent, the messaging and gaming behemoth, is building a centre, and ByteDance, the owner of TikTok, is on a hiring spree after establishing a regional headquarters, […]
Category Archives: Business
Oil marketing companies (OMCs) on Monday, proceeded on the delay mode and ruled against amending petroleum and diesel costs in the wake of cutting its retail rates a week ago on Tuesday. As needs be, siphon costs of petroleum and diesel stayed at earlier days level of Rs 90.56 and Rs 80.87 a litre individually, […]
Under new CEO Anish Shah, Mahindra & Mahindra Ltd., the Indian sports utility vehicle manufacturer, best known for its tractors and farm machinery, is betting on electric cars and digital services to revive its fortunes. Shah, 51, has a difficult job ahead of him. The $19 billion company’s SUV market share had fallen to 13% […]
In the minds of some Wall Street investors, Moderna Inc. and Novavax Inc. shares have run their course and are prime candidates for bets that they will fall this year, in a JPMorgan Chase & Co. survey of 80 hedge fund and specialist investors searching for biotech stocks, to short in 2021, the two vaccine […]
The king of the SUV is the Creta, but the SUV is fairly sought after by other cabins. The most recent rival of Safari is the MG Hector Plus, whereas it is the MG Hector for the Harrier. This competition is based on the size and presence of SUVs. The March 2021 sales data are […]
LG Electronics Inc. of South Korea announced plans to wind down its loss-making mobile division, making it the first big Smartphone brand to exit the market entirely. The decision to exit means that its 10% market share in North America, where it is the third most popular brand, will be devoured by Smartphone behemoths Apple […]
The Indian government has amended the Insolvency and Bankruptcy Code (IBC) through an Ordinance to provide for a so-called pre-pack resolution scheme for micro, small, and medium enterprises, amid growing perceptions that India’s three-year-old insolvency resolution system has been less than effective in saving businesses and assisting lenders in recovering their assets (MSMEs). Following global […]
The US Department of Labour has sought public comment in the next 60 days on determining the employment rates for various immigrant and non-immigrant workers, including those on H-1B visas, the most sought-after work visa among Indian professionals. The H-1B visa is a non-immigrant visa that allows the US companies to hire foreign workers for […]
Byju’s, the Indian edutech behemoth with a userbase of over 80 million students, revealed on Monday, that it had concluded a strategic merger with brick-and-mortar educational institution chain Aakash Educational Services. The deal would allow the Bengaluru-based business to incorporate Aakash’s test-prep experience to its content and technology capabilities, enabling it to further improve its […]
Google is shutting down its dedicated Google Wi-Fi app for managing its routers and moving that functionality over to the Google Home app, in order to help users, control and manage all their connected products at one place. Google has been working on this change since 2019, when it launched the Nest Wi-Fi routers, which […]