Page 160 - Companies

Samsung takes over Intel as top chipmaker by revenue in Q3: Report

Samsung Electronics took over the top spot in the global semiconductor market by revenue in the third quarter on the back of strong memory chip sales, a new report revealed on Tuesday.

Bizongo valuation at $600 mn, raises $110 mn in funding led by Tiger Global

The company will deploy the fresh funds in ramping up its business and tech teams to develop a suite of digital services for both sides of the marketplace

IPO-bound OYO defies pandemic, set to meet investors' expectations

IPO-bound Oravel Stays Ltd, or OYO, amid pandemic revamped its operations and business strategies to not only stay afloat but also emerge stronger.

SafeStorage plans foray into Delhi, Gurgaon, Kolkata and Bhubaneswar

At present, the company is present in five cities -- Bengaluru, Hyderabad, Chennai, Mumbai and Pune -- with a storage space of around 850,000 square feet in over 30 warehouses

CARS24 raised $400 mn in new funding round, now valued at $3.3 bn

India's CARS24 said it had raised $400 million in a funding round that saw participation of asset manager Alpha Wave Global, valuing the used-car retailing platform at $3.3 billion.

Foxconn staff protest as 159 hospitalised after food poisoning

Foxconn has reportedly 5,000-7,000 workers in the unit

Businesspersons and several brands embrace the season of hope

This Christmas and New Year, the gifts include time, fitness, upskilling lessons, curated hampers and experiences

Twin Health expands its operations in India; appoints Prabh Singh as CEO

Twin Health, makers of the Whole-Body Digital Twin™ technology, today announced the appointment of Prabh Singh as the CEO for its India operations

Over 500,000 complaints registered against e-commerce firms in Apr-Nov

A total of 5,12,919 complaints pertaining to e-commerce have been registered in the National Consumer Helpline (NCH) from April 2019 to November 2021

upGrad ties up Clark University to offer master's degree in various courses

Edtech major upGrad on Friday said it has partnered with Clark University in the USA to offer a master's degree in Data Analytics, Information Technology and Project Management.

Rapid Holdings 2 offloads India Infra Trust's shares worth Rs 173 crore

On the BSE, it sold 1.72 crore units at an average price of Rs 101

CMS Info Systems sets IPO price band at Rs 205-216/share, to open on Dec 21

Cash management company CMS Info Systems has fixed a price band of Rs 205-216 a share for its Rs 1,100-crore initial public offering (IPO).

McDonald's settles lawsuit with ex-CEO over alleged lies about affairs

McDonald's sued Easterbrook in August 2020, nine months after reaching a severance deal, claiming he never gave directors a complete picture of his relationships with employees

Car sharing platform Zoomcar announces launch of vehicle host programme

India currently possesses one of the lowest private car utilisation rates in the world, said the company

Google's Area 120 unveils Qaya to create web storefronts for creatorS

With an aim to allow creators to easily set up new web storefronts for their audiences, tech giant Google's Area 120 has come up with a new service called Qaya

Health-tech startup Pristyn Care raises $96 million in Series E round

Health-tech startup Pristyn Care on Wednesday said it has raised USD 96 million (around Rs 730 crore) in Series E round.

Maini Precision Products files papers with Sebi to raise funds via IPO

Maini Precision Products has filed preliminary documents with capital markets regulator Sebi to raise up to Rs 900 crore through an initial share-sale.

Italy's insurer Generali to return up to $7 bn to investors under new plan

Italy's top insurer Generali on Wednesday pledged to return up to 6.1 billion euros ($7 billion) in dividends and buybacks to shareholders

Skoda Auto Volkswagen India announces resignation of MD Gurpratap Boparai

Auto maker Skoda Auto Volkswagen India on Wednesday said its Managing Director Gurpratap Boparai has resigned from the company with effect from January 1, 2022. Christian Cahn von Seelen will take interim charge of the VW Group's Indian operations from January 1, 2022, in his capacity as Chairman of Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL), the automaker said in a statement. The successor to Boparai will be announced shortly, it added. It is with deep regret that we accept the resignation of Gurpratap. I would like to thank him for leading the group's India operations through a complex merger, and for his outstanding role in ensuring that the Group's important INDIA 2.0 project was on schedule with only minimal disruptions, despite the challenges that arose from the pandemic," Skoda Auto Chairman Thomas Schaefer noted. The seamless execution of the merger and the success of the products launched under the project is a testimony to his leadership and deep understanding of all

Ex-Netflix executive gets 2.5 years in prison for accepting tech bribes

A former Netflix executive was sentenced Tuesday to 2 and 1/2 years in federal prison for taking bribes and kickbacks from tech companies to approve lucrative contracts with the streaming giant.