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Home  Business

Business

Apple delays office reopening, gives each worker $1,000 bonus

Apple delays office reopening, gives each worker $1,000 bonus

  • IPO-bound Ola raises $500 million, to accelerate future mobility

    According to the company, the proposed loan issuance received a staggering response from investors with interest and commitment of approximately $1.5 billion.
  • US-based Bourntec Solutions appoints Phani Pattamatta as India COO

    Hyderabad: Bourntec Solutions, a US-based IT management, technology advisory & strategy consulting company with offices in Dubai, Hyderabad, Kochi and Bhubaneswar, has appointed Phani Pattamatta as chief operating officer for Bourntec India. An alumnus of XLRI, Phani Pattamatta has most recently served as the executive director (ED) at The IndUS Entrepreneurs (TiE), a go-to network […]
  • Hyderabad firm launches screen protection solution Flashgard

    Hyderabad: Hyderabad-based Flash Solutions launched Flashgard, a technology-enabled screen protection solution that can provide protection to every electronic display device. It will help safeguard devices from all kinds of risks and damages. The product range includes screen protection, antimicrobial films, canvas for back panels, and anti-microbial sprays. It is an on-site technology for instant front […]
  • Micron India aligned with global R&D strategy: MD

    Hyderabad: Micron India is actively involved in several design and R&D programmes in the semiconductor space, in line with the US-headquartered Micron Technology’s global R&D strategy and goals, providing design and product engineering functions for next-generation memory and high-value storage solutions. The company identifies core problems that industries face across verticals and provides them the […]
  • Hyderabad-based Aragen Life Sciences acquires Intox

    Hyderabad: Hyderabad-based Aragen Life Sciences, a research, development, and manufacturing solutions provider (CRO/CDMO) signed a definitive agreement to acquire Pune-based Intox.  This acquisition will expand Aragen’s end-to-end integrated discovery and development platform for the pharmaceuticals, biotechnology, animal health, and agrochemicals industries. It will also enable Aragen to conduct safety assessment studies from a Good Laboratory […]
  • Prestige group, Awfis to set up co-working centre in Hyderabad

    New Delhi: Realty firm Prestige Group and co-working operator Awfis have expanded their partnership and will set up six more centres, comprising 3 lakh square feet, across major cities with an investment of about Rs 70 crore to meet rising demand of flexible workspace. In February, the two companies had announced setting up of six […]
  • Hyderabad-based Practically secures $5 million

    Hyderabad: Practically, an experiential learning app designed to make learning immersive for students of classes 6-12, secured a strategic investment of $5 million (about Rs 38 crore). The investment comes from NB Ventures (UAE), Earlsfield Capital (UK), Almoe Group of Companies (UAE) and Ncubate Capital (part of The SAR Group) in the run-up to raising […]
  • WhatsApp launches pilot to enable financial inclusion across 500 villages in K’taka, Maha

    The announcement was made at Fuel For India 2021 - Meta's annual event in India. WhatsApp India Head Abhijit Bose said the pilot aims to effect a behavioral transformation to digital payments at the grassroots.
  • Google to stop salaries and eventually fire unvaccinated employees

    Google gave its employees time till December 3 to upload proof of vaccination or receive approval for a medical or religious exemption.
  • Sensex drops over 200 pts in early trade; Nifty slips below 17,300

    The 30-share index slumped 212.65 points or 0.37 per cent to 57,904.44 in the opening trade. Similarly, the Nifty fell 67.55 points or 0.39 per cent to 17,257.35.
  • Meet Luxury fashion house Chanel’s new Indian-origin CEO Leena Nair

    "I am so inspired by what Chanel stands for. It is a company that believes in the freedom of creation, in cultivating human potential and in acting to have a positive impact in the world," Nair tweeted.
  • Granules appoints former Dr Reddy’s CFO as independent director

    Hyderabad: Hyderabad-based Granules India, a vertically integrated pharmaceutical company, appointed Dr Saumen Chakraborty as non-executive independent director on the Board of the company with immediate effect. Dr Chakraborty retired as the president and chief financial officer of Dr Reddy’s in November 2020 and continued to advise the company for the next one year. Commenting on […]
  • Mentorship programme for high school students launched at ISB  

    Hyderabad: I-Venture @ ISB in partnership with Atal Innovation Mission (AIM), NITI Aayog has launched the Atal Catalysts @ ISB, a mentorship programme that aims to scale, improve, and potentially take to market the digital ventures of Atal Tinkering Labs (ATL) Tinkerpreneur’s top 100 high-school student teams.    Atal Catalysts @ ISB is one-of -its […]
  • Larsen & Toubro Infotech sets up new delivery centre in Hyderabad

    Hyderabad: Larsen & Toubro Infotech (LTI), a technology consulting and digital solutions company, expanded its Hyderabad operations by setting up a new delivery centre in the city. The 1,10,000 sq ft state-of-the-art centre is designed and equipped to house over 3,000 employees and will support the company’s global operations. The centre will focus on delivering digital, data, and cloud […]
  • Hyderabad startup Enmovil raises Rs 10 crore

    Hyderabad: Enmovil Solutions, a Hyderabad-based logistics tech startup, raised Rs 10 crore in Pre-Series A funding led by Anicut Angel Fund. The company also saw participation from KCT Group, Blackbird Investments and RB Investments in this round. The new infusion of capital will be utilised to boost the company’s innovation journey to deliver first in […]
  • Airtel, Capgemini to collaborate on 5G-based solutions for enterprises

    Hyderabad: Bharti Airtel and Capgemini will collaborate on bringing 5G-based enterprise grade solutions to the India market. They will bring together their experience in connectivity and 5G solutioning, and System Integration (SI) capabilities, to co-innovate a range of India-focused use cases. As part of this collaboration, Capgemini’s 5G Lab, situated within its Mumbai campus, and […]
  • Hero Electric joins Log 9 Materials for 15-minute EV charging

    New Delhi: Hero Electric on Tuesday announced a partnership with Bengaluru-based battery technology startup Log 9 Materials, to offer its battery packs for the entire range of EVs. The integration of Log 9’s ‘RapidX’ batteries can fully charge Hero Electric 2W within 15 minutes. Log 9 has tested its RapidX batteries through a series of […]
  • Sensex slumps over 350 pts in early trade; Nifty drops below 17,300

    Mumbai: Equity benchmark Sensex tumbled over 350 points in early trade on Tuesday, tracking losses in index majors Infosys, Reliance Industries and HDFC twins amid a negative trend in global markets. The 30-share index slumped 356.6 points or 0.61 per cent to 57,926.82 in the opening trade. Similarly, the Nifty fell 98.35 points or 0.57 […]
  • Recon Technologies aims to clock Rs 250 crore top line in FY23

    Hyderabad: Hyderabad-based Recon Technologies, which provides repair and maintenance of mechanical components pertaining to earth moving machinery, process plant equipment and railways, is seeing a good run rate in its top line and is aiming to clock Rs 250 crore in FY23. The company is looking to strengthen its presence in roads and other infrastructure […]
  • Public Sector Banks to go on strike on Dec 16, 17 against privatisation

    Hyderabad: Public Sector Banks (PSBs) will go on strike on December 16 and 17 protesting against the Union government’s move to privatise PSBs. The United Forum of Bank Unions (UFBU), an umbrella organisation of nine employee unions and associations in the banking industry, has given the call for the two-day strike. UFBU is opposed to […]
  • 90+ My Tuition App to hire more than 3,000 people in FY23

    Mumbai: Edtech start-up 90+ My Tuition App on Monday announced that it will hire more than 3,000 employees across the country by the first quarter of 2022-23, to support its growth and expansion plans within India. The company, after the launch of the 13 State Education Boards and CBSE curriculum on its app, has seen […]
  • NephroPlus raises $24 million from IIFL AMC, existing investors

    Hyderabad: Hyderabad-based NephroPlus has closed Series E round of funding of $24 million (over Rs 180 crore) to pursue growth opportunities across India and select International markets. The current round led by IIFL Asset Management (IIFL AMC) along with investment from existing investors InvestCorp and Bessemer Venture Partners (BVP) comes on the heels of a […]
  • Galaxy S22 Ultra spotted on company’s official website ahead of launch

    A Samsung smartphone with a model number SM-S908U has been spotted with a support page on the company's official website in China.
  • Tesla hit with another sexual harassment lawsuit in US

    According to a report in Business Insider, Erica Cloud, an assembly line worker at Tesla's Fremont, California-based factory, filed the lawsuit.
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