LiveIntel Plans to Build $4.6 Billion Chip Plant in Poland
American tech giant Intel announced on Friday that it would invest $4.6 billion (18.7 billion Polish zloty) to build a new semiconductor chip assembly and...
Category : BUSINESS
Micron Tech to Invest $1 Billion in Chip Packaging Plant, Nears Agreement with India
To further diversify its geographic footprint, Micron Technology Inc. plans to set up a semiconductor packaging factory in India. According to people who know the...
Akasa Air Plans to Raise up to $100 Million in Fresh Equity, Jhunjhunwala Family’s Stake to Get Diluted
According to a news report, India’s newest airline, Akasa Air, plans to raise $75-100 million by offering fresh shares to expand its business. To raise...
ED Arrested Deccan Chronicle Promoters and Auditor Over Rs 9,805 Crore Bank Fraud
The Enforcement Directorate (ED) has arrested promoters and former directors of Deccan Chronicle Holdings Ltd (DCHL), T Venkattram Reddy and PK Iyer, and the company’s...
Vodafone and CK Hutchison Announce £15 Billion Merger Between UK Businesses
On Wednesday, Vodafone and Three UK mobile network’s parent Company CK Hutchison announced the £15 billion ($19 billion) merger between the UK businesses of the...
Endefo to Invest Rs 200 Crore in the Indian Wearables Segment, Aims to Capture 10% Market Share
Dubai-based consumer electronics brand Endefo announced that it aims to secure a 10% market share in the wearables segment within three years and is planning...
Judge Orders Binance and SEC to Settle over Asset Freeze
A federal US judge instructed the Securities and Exchange Commission (SEC) and Crypto giant Binance to agree to allow the company to maintain essential operations...
Microsoft-Activision Merger Temporarily Blocked Over FTC’s Concerns
A US federal judge issued an order on Tuesday, temporarily blocking Microsoft’s acquisition of the video game company Activision Blizzard for $68.7 billion, to give...
Zydus Lifesciences Gets USFDA Approval for Smoking Addiction Treating Drug
Ahmedabad-headquartered pharmaceutical company Zydus Lifesciences announced on Tuesday that it has received approval for manufacturing and marketing a generic version of Varenicline tablets from the...
Board of Punjab & Sind Bank Plans to Raise Rs 750 Crore, Through Bonds
As per a regulatory filing by Punjab & Sind Bank on June 12, the Board of the state-owned lender approved its plan to raise Rs...