SoftBank Group Corp’s chip technology firm Arm Ltd’s China joint venture laid off 90-95 employees last week to cope with a challenging business outlook this year, according to three sources familiar with the situation. The layoffs come as SoftBank tries…
Tag: Technology
Japanese startup Aerwins Technologies, which is selling a Star Wars-inspired $555,000 hoverbike, has received approval to list on the NASDAQ in a merger with blank-check firm Pono Capital Corp, the manufacturer said on Friday. Aerwins, which is taking orders for…
Most Asian stock markets sank on Monday as caution kicked in ahead of a Federal Reserve meeting and key economic data this week, while Chinese shares rose sharply as they resumed trade after a week-long holiday. China’s Shanghai Shenzhen CSI…
Indian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose slightly, although market holidays dulled trading volumes across most of the region. India’s BSE Sensex 30 and Nifty 50 indexes…
By Administrator_India Capital Sands MUMBAI : Taiwanese mobile phone maker Foxconn’s Indian unit Bharat FIH Ltd filed draft papers for a proposed public listing in India to raise as much as ₹5,003.8 crore on Wednesday. The proposed initial share sale aims to…
By Administrator_India Capital Sands Tech giant Google on Wednesday said it will introduce a new policy in the coming weeks that will enable those under 18 years or their parents to request for removal of their images from Google Image…
By Administrator_India Capital Sands Tata Motors is looking to increase prices of its entire range of passenger vehicles from next week as it aims to offset the steep rise in procurement cost of essential materials like steel and precious metals, as…
By Administrator_India Capital Sands WhatsApp has filed a legal complaint against the Indian government in New Delhi seeking to block new IT regulations coming into force on Wednesday that experts say would compel the California-based Facebook unit to break privacy…
By Administrator_India Capital Sands PayPal Holdings Inc is not likely to buy cryptocurrencies such as bitcoin, the payments processor’s Chief Financial Officer John Rainey told CNBC on Thursday. “We’re not going to invest corporate cash, probably, in sort of financial assets…
By Administrator_India Capital Sands Facebook India Online Services, which operates a social networking website, reported its revenues for the financial year 2019-20 at Rs 1,277 crore. This is a 43 per cent jump since the last financial year, show regulatory documents…