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Home  Business

Business

SK Telecom to conduct spinoff in November for future chip tech

SK Telecom to conduct spinoff in November for future chip tech

  • Rupee rises 3 paise to 72.94 against US dollar in early trade

    At the interbank foreign exchange, the domestic unit opened at 72.96 against the dollar, then inched higher to 72.94, registering a gain of 3 paise over its previous close.
  • Sensex rises over 150 pts in early trade; Nifty tests 15,700

    The 30-share BSE index was trading 160.07 points or 0.31 per cent higher at 52,101.71 in initial deals.
  • Primero Skills to triple healthcare training capacity

    It aims to train at least 10,000 people across India within the next one year, including Hyderabad.
  • Triangle Farms to set up more hydroponics farms

    Currently, it is operating in about 32 acre with a greenhouse facility with a retractable roof system spanning 18 acre.
  • A platform for budding filmmakers

    The filmtech platform not just provides a platform for filmmakers to showcase their films but also helps in monetising the content being showcased.
  • Finance Ministry releases third instalment of revenue deficit grant of Rs 9,871 cr

    The grants are released as per the recommendations of the Finance Commission in monthly instalments to meet the gap in Revenue Accounts of states post devolution.
  • Govt gives nine-month extension to LIC Chairman M R Kumar

    In her Budget Speech 2021, Finance Minister Nirmala Sitharaman said the Initial Public Offer (IPO) of LIC would be floated in 2021-22.
  • Expect system to stabilise this week: Infosys on I-T portal glitch

    Infosys was in 2019 awarded a contract to develop the next-generation income tax filing system to reduce processing time for returns from 63 days to one day and expedite refunds.
  • OYO, Airbnb, Yatra, EaseMyTrip join hands to form industry body

    A statement from the newly-formed body noted that the Covid-19 crisis presents a unique opportunity to collaborate on reviving the industry and only progress upwards from here on.
  • SucSeed invests in anti-money laundering startup IntelleWings

    IntelleWings’ EYE is an AML (Anti-Money Laundering) 360 software, which takes care of all AML needs.
  • Zenoti raises $80 million, valuation touches $1.5 billion

    Zenoti powered more than 12,000 businesses in over 50 countries and is a leading software for salon and spa businesses.
  • India loses 5-7% of GDP due to corrosion: International Zinc Association       

    The association also stressed upon the need for immediate and appropriate measures by authorities to control further damage.        
  • RBI money printing should be last option, govt can consider Covid bonds: Subbarao

    Subbarao said instead of borrowing in the market, the government could raise a part of its borrowing requirements by issuing Covid bonds to the public.
  • Canon India unveils new line up of photo printers

    The new PIXMA G570, PIXMA G670, PIXMA PRO-200 and imagePROGRAF PRO-300 are priced at Rs 18,789, Rs 24,801, Rs 41,401 and Rs 59,621, respectively, and will be available from June.
  • Telangana govt recommends Uniken’s platform to secure State mobile apps

    State government departments and agencies which are using mobile applications for service delivery can benefit greatly from this technology, says Jayesh Ranjan
  • Govt hikes paddy MSP by Rs 72/quintal to Rs 1,940 for 2021-22 crop year

    The decision taken by the Cabinet headed by Prime Minister Narendra Modi will help farmers take a call on which kharif (summer) crop to grow.
  • CBI carries out searches in Yes Bank case

    The case has been registered on a complaint, dated May 27, 2021, from Chief Vigilance Officer of the Bank Ashish Vinod Joshi.
  • Gold declines Rs 92, silver tumbles Rs 414

    In the international market, gold was trading marginally higher at USD 1,893 per ounce and silver was flat at USD 27.65 per ounce.
  • Banking stocks power markets to rise; global cues positive

    Accordingly, India's benchmark indices had a gap-up opening and continued to maintain their gains.
  • Rockwell collaborates with Dr Reddy’s for Sputnik V vaccine

    In addition to storage, Rockwell will provide end-to-end logistics and after sales service support for the vaccine freezers across India
  • ISB inks pact with University of Sydney Business School

    Joint initiatives being planned include a dual master’s degree, which would be delivered at both the institutions, executive education programmes, as well doctoral student mobility
  • Rupee slips 13 paise to 73.02 against US dollar in early trade

    At the interbank foreign exchange, the domestic unit opened at 72.90 against the dollar, then slipped 13 paise to 73.02 against the American currency.
  • Samsung develops 8nm RF chip process technology

    Samsung said its 8nm foundry will deliver 5G single-chip RF solutions supporting sub-6-gigahertz to millimeter wave spectrum.
  • Power consumption grows 12.6 pc in first week of June

    According to experts, the recovery in power consumption and demand was slow in the first week of June due to the low base of last year.
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