• ELECTRONICS
    New magnet has nearly massless charge carriers

    Advances in modern electronics has demanded the requisite hardware, transistors, to be smaller in each new iteration. Recent progress in nanotechnology has reduced the size of silicon transistors down to the order of 10 nanometers. However, for such small transistors, other physical effects set in, which limit their functionality. For example, the power consumption and […]

  • M&S profits dive by nearly two-thirds as clothing sales slide

    M&S clothing and homewares sales fell by 5.9% in the first quarter. Photograph: Suzanne Plunkett/Reuters Marks & Spencer has reported a 64% drop in annual profits to £176.4m as weak clothing sales were compounded by more than £400m of restructuring costs relating to the new chief executive’s turnaround plan. Chief executive Steve Rowe insisted the […]

  • ALL DEALS
    Amazon Pumping Nearly $1.5 Billion Into US Air Freight Hub

    Online retail colossus Amazon on Tuesday said it will strengthen its distribution muscle, and create US jobs, by building its first air freight hub, an investment of nearly $1.5 billion. A hub for the company’s growing fleet of Prime Air cargo planes will be built at an airport in northern Kentucky, adding more than 2,000 […]

  • NEWS
    Mandhana Industries Plunges Nearly 40% In Two Trading Sessions

    Shares of Mandhana Industries, which has an exclusive licence agreement with Salman Khan’s non-governmental organisation called Being Human, plunged 20 per cent today to their 52-week low. Mumbai-based Mandhana Industries has the global licence to distribute and market Being Human clothing and merchandise. The stock was locked down in lower circuit, with no buyers on […]

  • NEWS
    Careers360 sells nearly 10% to MeritTrac

    Established in 2009, Career360 raised capital from five angel investors for expanding its business in 2014. New Delhi: Education service provider Careers360 on Monday sold around 10% stake to education assessment firm MeritTrac to raise an undisclosed amount. “We are growing in a good pace and the fresh money will be utilized to grow further—in […]