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HCLTech to acquire 100% stake in German automotive services company for €251 million-thumnail

HCLTech to acquire 100% stake in German automotive services company for €251 million

HCL Tech surprises the industry by acquiring ASAP Group, a renowned German automotive engineering services provider for a staggering €251 million. This unexpected collaboration seeks to expand ASAPs cutting-edge automotive technologies on a global scale reinforcing HCLTechs dedication to Germany. With great enthusiasm, both companies eagerly look forward to offering top-notch solutions to the worldwide automotive sector.

Business

Jul 13, 2023

Chairman Anil Agarwal said, ‘Vedanta has lined up partners for its semiconductor objective’-thumnail

Chairman Anil Agarwal said, ‘Vedanta has lined up partners for its semiconductor objective’

Anil Agarwal, Chairman of Vedanta Group, is committed to manufacturing semiconductors in India and has lined up partners. He encourages investment in the industry, claiming that India has enormous potential.

Business

Jul 13, 2023

WhatsApp’s Phone Number Privacy feature is now available in Beta-thumnail

WhatsApp’s Phone Number Privacy feature is now available in Beta

WhatsApp has introduced a new feature called ‘phone number privacy’ for Android and iOS users, which allows customers to hide their phone numbers in community groups. The feature is now available to beta users and will be made available to a larger audience soon.

Business

Jul 13, 2023

IntegraGen Reports €5.6m in Incomes for H1 2023 Addressing 13% Lessening Contrasted with H1 2022 and a Money Position of €4.3m-thumnail

IntegraGen Reports €5.6m in Incomes for H1 2023 Addressing 13% Lessening Contrasted with H1 2022 and a Money Position of €4.3m

IntegraGen (FR0010908723 – ALINT), an OncoDNA Gathering organisation having some expertise in the decoding of the human genome which performs interpretable genomic dissects for scholastic and confidential research centres and

Finance

Jul 13, 2023

Nvidia Is Hoping to Put Resources into Rival Chip Producer Arm at Initial public offering: Report. Its Stock Rises-thumnail

Nvidia Is Hoping to Put Resources into Rival Chip Producer Arm at Initial public offering: Report. Its Stock Rises

Semiconductor monster Nvidia is in conversation with UK chip producer Arm to be an anchor financial backer in front of its New York posting in the not-so-distant future, as per

News

Jul 12, 2023

Indian Spacetech startups offering satellite launch services exempted from GST-thumnail

Indian Spacetech startups offering satellite launch services exempted from GST

Minister of State (MoS) for Science and Technology Jitendra Singh emphasized the pivotal role played by the private sector in India’s space economy highlighting that there are now 140 Indian space tech startups operating in India, which is a significant achievement due to the country’s liberalized space policies.

Business

Jul 12, 2023

Future Enterprises receives bids from Reliance Retail Ventures, Jindal Group, and GBTL Ltd-thumnail

Future Enterprises receives bids from Reliance Retail Ventures, Jindal Group, and GBTL Ltd

Amidst its corporate insolvency predicament, Future Enterprises has received resolution plans from Jindal (India) Ltd, Reliance Retail Ventures, and GBTL Ltd. It is worth noting that the burden of verified

Business

Jul 12, 2023

Nazara Technologies; a leading online gaming company sees the minimal impact of a 28% GST decision-thumnail

Nazara Technologies; a leading online gaming company sees the minimal impact of a 28% GST decision

With regards to the latest ruling by the GST Council mandating a taxation rate of 28% on online gaming services, Nazara Technologies—a distinguished entity renowned for its expertise in both gaming and esports—confidently states that it foresees minimal impact.

Business

Jul 12, 2023

Foxconn Is In Discussions To Build 4-5 Semiconductor Manufacturing Facilities In India: Report-thumnail

Foxconn Is In Discussions To Build 4-5 Semiconductor Manufacturing Facilities In India: Report

The government has been notified that Taiwanese technology firm Foxconn plans to establish at least four to five semiconductor manufacturing facilities in India, according to individuals with knowledge of the issue.

Business

Jul 12, 2023

KPMG will invest $2 Billion in AI and Cloud Services-thumnail

KPMG will invest $2 Billion in AI and Cloud Services

Through expanded cooperation with Microsoft, KPMG aims to invest $2 billion in artificial intelligence and cloud services across its business lines internationally over the next five years, the latest effort by a Big Four accounting firm to double down on the technologies.

Artificial Intelligence

Jul 12, 2023

Utkarsh small finance bank raises 223 crores from anchor investors; IPO opens for Public-thumnail

Utkarsh small finance bank raises 223 crores from anchor investors; IPO opens for Public

Utkarsh Small Finance Bank has successfully raised Rs 223 crore from anchor investors prior to its initial share sale.

Investment & Funding

Jul 12, 2023

Research firms predict Huawei will overcome US ban with return of 5G phones-thumnail

Research firms predict Huawei will overcome US ban with return of 5G phones

A U.S. ban on equipment sales crushed China’s Huawei Technologies’ consumer electronics sector, but the company is planning a comeback by the end of the year by entering the 5G

News

Jul 12, 2023


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