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Home appliance maker Electrolux cuts up to 4,000 jobs due to losses-thumnail

Home appliance maker Electrolux cuts up to 4,000 jobs due to losses

Swedish home appliance maker Electrolux announced on Friday that it would lay off up to 4,000 jobs as the group suffered heavy losses in the third quarter as part of

Industry

Oct 28, 2022

The UGC has issued an urgent notice regarding online Ph.D. programmes. Look here.-thumnail

The UGC has issued an urgent notice regarding online Ph.D. programmes. Look here.

Online Ph.D. programmes are offered by EdTech companies in collaboration with unrecognized foreign educational institutions. The UGC warns students and the general public not to be misled by advertisements for

Industry

Oct 28, 2022

<strong>Prime Minister to lay foundation for C-295 aircraft manufacturing unit in Vadodara.</strong>-thumnail

Prime Minister to lay foundation for C-295 aircraft manufacturing unit in Vadodara.

The Ministry of Defence (MoD) on Thursday announced it had, for the first time, entrusted a private firm — Tata Advanced Systems (TASL) — to manufacture an entire aircraft for

Industry

Oct 28, 2022

<strong>Cybersecurity platform BluSapphire Cyber Systems raises $9.2 Mn in series A funding.</strong>-thumnail

Cybersecurity platform BluSapphire Cyber Systems raises $9.2 Mn in series A funding.

Description-: BluSapphire, a Gartner Cool Vendor, is a hyper-growth cybersecurity SaaS platform. Started by Kiran Vangaveti, 25 years experienced cyber professional and ex-CISO of hedge fund titan Tudor Investments, the

News

Oct 27, 2022

<strong>Medanta hospitals parent company’s IPO to open for subscription on November 3.</strong>-thumnail

Medanta hospitals parent company’s IPO to open for subscription on November 3.

Description-: Trehan, who founded Medanta in 2004, holds a 35 percent stake in Global Health, the draft papers filed by the company show. Global Health is among the largest private

News

Oct 27, 2022

<strong>Google increases workspace Individual’s storage limit to 1TB; adds more features.</strong>-thumnail

Google increases workspace Individual’s storage limit to 1TB; adds more features.

Description-: Every account will be automatically upgraded from their existing 15 GB of storage to 1 TB as the company roll this out, said Google in a blog post. With

News

Oct 27, 2022

<strong>Udaan raises $120 Mn in convertible notes and debt amidst funding winter.</strong>-thumnail

Udaan raises $120 Mn in convertible notes and debt amidst funding winter.

Description-: Udaan now has a network of over 3 million registered users and about 30,000 sellers across over 11,00 cities in the country. The platform has over 3 million retailers,

News

Oct 27, 2022

<strong>Byju’s parent company, Think & Learn takes Rs. 300 crore loan wholly-owned subsidiary Aakash.</strong>-thumnail

Byju’s parent company, Think & Learn takes Rs. 300 crore loan wholly-owned subsidiary Aakash.

Description-: The development comes when Byju’s seeks to reduce costs and improve its operating revenue. The company announced that they aim to achieve profitability by 2023. Earlier, the edtech company

News

Oct 27, 2022

<strong>Shiprocket joins ONDC as the first inter-city logistics provider.</strong>-thumnail

Shiprocket joins ONDC as the first inter-city logistics provider.

Description-: Shiprocket is the first inter-city logistics provider to plug into the ONDC network, enabling sellers from all segments to ship products to cities and towns across India. Shiprocket, a

News

Oct 27, 2022

The date of the Medanta Hospital Chain IPO has been announced; the offering will begin next week. Details are provided within.-thumnail

The date of the Medanta Hospital Chain IPO has been announced; the offering will begin next week. Details are provided within.

The Global Health IPO consists of a new issue of 500 crore equity shares and an OFS of up to 5.08 crore shares. Global Health Limited’s three-day initial public offering

Industry

Oct 27, 2022

Tata Steel receives its first green metal customer-thumnail

Tata Steel receives its first green metal customer

Tata Steel has signed a contract with American automaker Ford to supply “Jeremias green steel” to its IJmuiden plant in the Netherlands after the facility was converted to hydrogen-based steel

News

Oct 27, 2022

JSW Steel USA collaborates with Intesa Sanpaolo and Banco BPM to raise $182 million-thumnail

JSW Steel USA collaborates with Intesa Sanpaolo and Banco BPM to raise $182 million

JSW Steel USA, together with two Italian banking institutions, Intesa Sanpaolo and Banco BPM, has secured long-term funding of $182 million (£149.2 billion) for a project to modernize a plate

Industry

Oct 27, 2022


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