Marc Llistosella, whose arrangement as the following overseeing chief and CEO of Tata Motors was reported a month prior, won’t be taking up the work, the automaker said on Friday, in a proclamation that overwhelmed the business. It isn’t promptly evident whether Llistosella pulled out or Tata Motors pulled out its offer. The Mumbai-based organization, […]
Category Archives: Business
According to a regulatory filing, PAG, better known as Pacific Alliance Group, has invested Rs 2,366 crore in Edelweiss Wealth Management to acquire a majority stake in the business. For the nine months ending December 31, 2020, Edelweiss Wealth Management announced revenues of Rs 800 crore and profit after tax of Rs 180 crore. In […]
On Monday, the US Supreme Court declined to hear a Facebook appeal that would have thrown out a $15 billion lawsuit over, if the company illegally tracked users a decade ago. The nation’s highest court has denied Facebook’s request to review a California federal court’s decision to allow the lawsuit accusing the company of violating […]
On Tuesday, Nintendo Co Ltd announced that it’s working with Pokemon Go app developer Niantic to make augmented reality (AR) titles, with a Pikmin themed app launching this year. The collaboration could resurrect Nintendo’s stalled mobile ambitions after the corporate struggled to breed the recognition of Pokemon Go, which became a social phenomenon as gamers […]
The finance ministry has asked the Securities and Exchange Board of India (SEBI) to take the necessary steps to address the problems that caused the recent outage at the National Stock Exchange. The National Stock Exchange of India Limited (NSE) decided to halt trading at 11:40 a.m. on February 24, 2021, due to technical issues, […]
The Indian government has suggested that WhatsApp allocate alpha-numeric hash to every message sent through its platform as a solution to alleviate the problem of tracking in the messaging app. The hash can go with the message and in the event of something illegal, the originator of the message can be traced without violating the […]
LG Electronics, a South Korean electronics giant, may soon close its mobile communication business after preliminary plans for sale fell through. LG’s talks with two potential buyers – Volkswagen AG of Germany and Vingroup JSC of Vietnam – about selling the smartphone business fell through. According to South Korea’s DongA Ilbo, LG is now more […]
After a year of remote work due to the pandemic, Microsoft announced on Monday that it would reopen its headquarters offices next week and introduce a “hybrid workplace” that would bring back more employees from around the world. This is the first formal reopening plan announced by the Big Tech firm, which had kept most […]
Warner Music has inked a deal with Tencent in China to help it break into the rapidly expanding Asian market. The partnership with the Chinese tech giant would help make Dua Lipa and Ed Sheeran “impossible to ignore,” according to the US record label. In addition, the two companies have formed a record label to […]
Asia-Pacific medical robotics market is projected to grow at a significant CAGR of around 14.8% during the forecast period (2020-2026). The market for medical robotics in Asia-Pacific is projected to grow at a high rate during the forecast period, backed by the technologically advanced healthcare infrastructure of the country, backed by the rising spending of the […]