LiveIBM Partners with New Japanese Chipmaker Rapidus to Make Advanced Chips
On Tuesday, IBM said it was working with Rapidus, a newly formed chipmaker backed by the Japanese government, to help it make its most advanced...
Category : BUSINESS
Huawei and Oppo Signs Global Patent Cross-Licensing Agreement
Chinese smartphone maker Huawei and BBK Electronics’ Chinese manufacturer Oppo have signed a global patent cross-licensing agreement, including essential cellular patents such as 5G. As...
Paytm’s Loan Volume Jumps 150% in October-November
One 97 Communications Ltd, the operator of Paytm, India’s largest digital payments provider, saw loan volumes rise 150% in October-November from a year earlier. The...
TVS Motor Subsidiary to Acquire EV-Related Technology and Assets in Germany
TVS Motor Company, through its wholly-owned subsidiary TVS Motor (Singapore) Pte Limited, has signed an agreement to acquire EV-related technology and assets in Germany. “TVS...
HGS to Acquire TekLink International for $58.8 Million
On Thursday, Business process management firm Hinduja Global Solutions (HGS) said it would acquire a 100% stake in TekLink International for $58.8 million (Rs 483...
Macrotech Developers’ Promoters Plan to Raise Rs 3,500 Crore Through Share Sale
According to media reports, real estate firm Macrotech Developers promoters are planning to raise around Rs 3,500 crore by selling shares to institutional investors. Mumbai-based...
Bank of Maharashtra Raises Rs 348 Crore Through Bonds
On Wednesday, the state-owned Bank of Maharashtra (BoM) said it had raised Rs 348 crore through bonds to fund business growth. The bank raised funds...
HDFC AMC Shares Rise as Promoter abrdn Plans to Sell Full 10.2% Stake
HDFC Asset Management (AMC) said one of its promoters, abrdn Investment Management, plans to sell its entire 10.21% stake in the mutual fund company. In...
Karnataka Approves Investment Proposals Worth Over Rs 2,000 Crore
The Karnataka government has approved 59 investment proposals worth Rs 2,627.88 crore, promising to create 9,764 jobs. The proposals were approved at the 136th State...
Hinduja Tech Acquires Drive System Design to Expand eMobility Services
Hinduja Tech, part of the diversified conglomerate Hinduja Group, has acquired Drive System Design for an undisclosed amount to expand its e-mobility services from development...