LG Electronics Inc. of South Korea reported on Monday that it would close its loss-making mobile division, making it the first major smartphone maker to leave the market entirely. Because of the LG’s decision to exit, Apple Inc. and Samsung Electronics will be able to take over its 10% market share in North America, where […]
Category Archives: Business
Hero Electric, the nation’s leading two-road electrics company, intends to train more than 20,000 roadside mechanics across the country in the next three years, to address any problem that its customers may face as part of its plans to build trust in buyers that opt for green mobility. To alleviate the anxiety problems of the […]
Members of the Monetary Policy Committee (MPC), who will unveil the new policy on April 7, will have to walk a tightrope in order to keep inflation under control and boost growth. In its previous meeting on February 5, the MPC kept the repo rate at 4% and the reverse repo rate at 3.3%. “At […]
Absolute levy owed by power dispersion organizations to control makers rose almost 17% to Rs 1,02,684 crore in February this year, reflecting industrious pressure in the area. Appropriation organizations (discoms) owed an aggregate of Rs 87,888 crore to control age firms in February 2020, as per entryway PRAA (Payment Ratification And Analysis in Power obtainment […]
Godrej to fuel up its GTM mission with expanding its sales footprint Godrej Consumer Goods (GCPL) is on a go-to-market (GTM) mission, to extend its total sales footprint to 1.5 million direct penetration channels from 1.2 million in 2-3 years, as well as to increase indirect coverage to 7 million from 6 million. Sunil Kataria, […]
In 2020, Google had announced that the next version of Gmail will come up with the ‘Chat’ messaging and Group Rooms along with the existing Meet video calling integration. As promised, Google is now integrating Chat Messaging and group rooms with its Gmail. It is already available for enterprise users, but now Google is rolling […]
The global economy is projected to grow at its fastest pace in more than a half-century this year, but inequalities and vulnerabilities could prevent it from hitting pre-pandemic levels anytime soon. Following President Joe Biden’s victory over “America First”, Former the charge into this week’s semi-annual virtual meeting of the International Monetary Fund, pouring trillions […]
According to news reports, public sector banks could face a bill of Rs 1,800-2,000 crore as a result of a recent Supreme Court’s decision which mentions about waiving compound interest on all loan accounts, that choose a moratorium period between March and August 2020. The ruling only applies to loans of more than Rs 2 […]
A new combat drone prototype by Russia named as S-70 Okhotnik, will be capable of attacking both, the ground and the air targets, and is expected to enter the Russian Military service by the year 2024. The drone escorts will drop the bomb even if the Pilot picks the targets in the combat flight of […]
The European cell counting market is projected to grow at a significant CAGR during the forecast period (2020-2026). The market is mainly driven due to the growing demand for cell-based technology activities for drug discovery and clinical research applications in the region. Moreover, one of the major factors contributing to the growing cell-based research is […]