Category: Business
The Rohatyn Group acquires Ethos Private Equity, expands into Africa
Author: Shreya Bhute

img/business/the-rohatyn-group-acquires-ethos-private-equity-expands-into-africa.jpg The Rohatyn Group (TRG), a professional global asset management company focused on offering financial solutions in developing markets and real assets, has reportedly inked an agreement ...

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Joules on the verge of collapse, puts 1,600 employments at risk
Author: Pankaj Singh

img/business/joules-on-the-verge-of-collapse-puts-1600-employments-at-risk.jpg Leicestershire-based firm Joules, which has 132 stores, revealed its intention to hire administrators after it failed to receive emergency funding. Joules reported last week that rec...

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Nvidia supplies new advanced chip for China that fits U.S. export laws
Author: Saipriya Iyer

img/business/nvidia-supplies-new-advanced-chip-for-china-that-fits-u-s-export-laws.jpg Nvidia Corp., a U.S. chip manufacturer, recently announced that it was now selling a new, high-tech chip in China that met the latest export control regulations, which are aimed at prev...

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Infosys to open office in Calgary, aims to hire 1000 people by 2024
Author: Saipriya Iyer

img/business/infosys-to-open-office-in-calgary-aims-to-hire-1000-people-by-2024.jpg Tech giant Infosys, which has operations in 50 countries, will set up its digital center in Gulf Canada Square. Over the next two years, Infosys aims to create 1,000 new jobs in Calgary...

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Government-led initiatives can address Africa's food insecurity, claims report
Author: Saipriya Iyer

img/business/government-led-initiatives-can-address-africas-food-insecurity-claims-report.jpg A new report released recently in the Rwandan capital of Kigali has urged African governments to take the lead and coordinate internal and external initiatives to address the continent&...

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Unity sticks to ironSource deal despite AppLovin’s USD 20 billion offer
Author: Shreya Bhute

img/business/unity-sticks-to-ironsource-deal-despite-applovins-usd-20-billion-offer.jpg Unity Software Inc., a popular game engine has announced that it will merge with global software company ironSource and would drop AppLovin Corporation's USD 20 billion worth propos...

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Valneva looking to capitalize on growing prevalence of Lyme disease
Author: Pankaj Singh

img/business/valneva-looking-to-capitalize-on-growing-prevalence-of-lyme-disease.png French drugmaker Valneva SE is now reportedly betting on its vaccine VLA15 for treating climate change-induced Lyme disease, as it looks to capitalize on growing prevalence of tick-born...

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Reliance Jio becomes the largest buyer of India’s USD 19 Bn 5G sale
Author: Pankaj Singh

img/business/reliance-jio-becomes-the-largest-buyer-of-indias-usd-19-bn-5g-sale.jpg Reliance Jio Infocomm Ltd., owned by billionaire industrialist Mukesh Ambani, was found to be the most aggressive participant in the government-backed 5G auction in India where several ...

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upGrad merges Harappa Education to establish Leadership in Enterprise Learning in India
Author: Pankaj Singh

img/business/upgrad-merges-harappa-education-to-establish-leadership-in-enterprise-learning-in-india.jpg Mumbai/New Delhi, July 22, 2022: upGrad, Asia’s largest integrated higher Edtech major has announced a 100% merger of Harappa Education at a value of INR 300crores (USD ...

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Foxconn teams up with NXP Semiconductors to manufacture EV platforms
Author: Pankaj Singh

img/business/foxconn-teams-up-with-nxp-semiconductors-to-manufacture-ev-platforms.jpg The iPhone assembler Foxconn has diversified into EVs and semiconductors since its partnerships with US startup Fisker Inc. and Indian behemoth Vedanta Ltd. Foxconn is also plannin...

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