Companies

Samsung's new chip head aims to regain Global Market Leadership

In a significant development, Samsung's newly appointed semiconductor chief, Jun Young-Hyun, has pledged to restore the company's leadership in the global chip market.

May 30, 2024

SpiceJet denies KAL Airways' Rs 1,323 cr claim; labels it 'legally baseless'

SpiceJet on Tuesday refuted the claims made by KAL Airways and Kalanithi Maran regarding seeking damages of Rs 1,323 crore and said that these assertions were not only legally untenable but also regurgitation of previously rejected claims by the Arbitral Tribunal and then the Delhi High Court.

May 28, 2024

Flipkart's grocery business soars with 1.6X YoY growth with fresh produce and fast delivery

Flipkart has recorded 1.6X year-over-year growth. This achievement underscores Flipkart's commitment to providing a premier online shopping experience across India, offering a wide selection of daily essentials at competitive prices and convenience.

May 21, 2024

Apple Swift Student Challenge: Meet the winning coders changing the world family-fueled innovations

Apple Swift Student Challenge: Meet the winning coders changing the world with family-fueled innovations

Apple's annual WWDC student program inspires the next generation of developers, creators, and entrepreneurs. Meet the Swift Student Challenge winners, who've shared their family-inspired journeys.

May 2, 2024

boAt users should keep an eye out for unsuspecting, uninitiated contacts: Experts

In the 2023 IBM Cost of a Data Breach report, the average cost of a data breach for organisations reached $4.45 million, while the average cost per record reached $165, a nominal increase from 2022, which saw the average cost per record reach $164.

Apr 9, 2024

anand mahindra, mahindra group, anand mahindra message and massage, bajaj auto md rajiv bajaj, lessons on management

Started my career on shop floor of auto plant: Anand Mahindra to Elon Musk

Mahindra Group Chairman Anand Mahindra, on Friday, revealed that he started his career on the shop floor of an auto plant, as he responded to Tesla and SpaceX CEO Elon Musk.

Mar 29, 2024

Flipkart To Roll Out Same Day Delivery In 20 Cities From February

Flipkart makes strategic leap into quick-commerce; set to fulfil instant order fulfilment [see how]

Flipkart's foray into quick-commerce and the potential acquisition of Dunzo are expected to reshape the Indian e-commerce landscape by driving competition, innovation, and changes in consumer behavior, while also influencing the broader retail and logistics sectors.

Mar 7, 2024

Apple's self-driving EV car is not coming; project canceled, layoff likely: Report

The Apple car project, at its peak, had a workforce of around 1,400 employees. Some of these employees will be reassigned to Apple's generative AI (GenAI) projects, as the company continues to explore the potential of artificial intelligence.

Feb 28, 2024

Paytm app is free to partner with other banks, not impacted by directives: RBI

New Delhi, Feb 8 (IANS) The Reserve Bank of India (RBI) has stated that Paytm app will not be impacted by the recent order issued against Paytm Payments Bank Limited (PPBL).

Feb 8, 2024

Samsung chairman Lee Jae-yong cleared in 2015 merger case [details]

Lee Jae-yong was indicted three years and five months ago on charges of involvement in market irregularities during the merger of Cheil Industries Inc. and Samsung C&T Corp.

Feb 5, 2024

Record iPhone revenue, robust growth in India highlight Apple's September quarter success

Apple's growth in India is particularly noteworthy given the overall flatness of the country's smartphone market. Apple managed to surpass the 10-million-unit mark in shipments and captured the top position in revenue for the first time in a calendar year.

Feb 2, 2024

Paytm Wallet now universally acceptable on all UPI QRs, online merchants

Paytm app will keep working beyond Feb 29: Founder & CEO Vijay Shekhar Sharma

Paytm's associate Bank recently received the Reserve Bank of India's (RBI) directions in response to which Paytm's Founder and CEO Vijay Shekhar Sharma assured users that Paytm app will continue to work beyond February 29.

Feb 2, 2024

PLI scheme to help India create a complete mobile supply chain in next 3 years: Samsung

India will establish a complete supply chain for mobile production in the next three years driven by the production-linked incentive (PLI) scheme, just like China built its global supply chain years ago, and then, the growth will truly be led by the industry, Samsung India President and CEO J.B. Park said on Thursday.

Jan 18, 2024

Inside Apple's mind-blowing Bengaluru office, an eco-conscious workplace in heart of the city

Apple's commitment to sustainability is evident in the design and operation of the new office. The new office's location near the Cubbon Park metro station provides employees with easy access to public transportation.

Jan 17, 2024

CES organiser gives thumbs-up to S.Korean firms like Samsung, Hyundai

Las Vegas, Jan 14 (IANS) More than 4,000 companies from 150 countries participated in CES 2024, an annual global event held in Las Vegas. It has served as a key platform for global companies, both big and small, to unveil innovations and contribute to the discourse on emerging technologies.

Jan 14, 2024

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