• ELECTRONICS
    Samsung Electronics to invest $9.6 billion annually in logic chips until 2030

    Samsung Electronics said on Wednesday that it would invest 11 trillion won ($9.57 billion) annually through 2030 in logic chip businesses, including its foundry business. The investment until 2030, worth 133 trillion won in total, comes as the world’s top memory chip maker strengthens non-memory semiconductor businesses such as contract chip manufacturing, known as foundry, […]

  • COUPONS
    Amazon considers buying up to 49% in Future Coupons

    Online giant Amazon is not ready to give up on Future Retail just yet. Amazon is working on a new deal structure that will enable it to own stake in Future Retail indirectly, sources close to the development have told CNBC-TV18. The revised FDI policy on e-commerce says that an entity having equity participation by […]

  • CLOTHING
    Walmart Jumps on the Clothing Subscription Bandwagon

    Walmart (NYSE:WMT) recently partnered with KIDBOX to launch a new subscription apparel service for kids. The service will offer four to five pieces of curated apparel for $48, which represents a discount of about 50% for the bundled items. Customers keep the clothing they want and return the rest, and shipping is free for both deliveries and returns. […]

  • ELECTRONICS
    Mobile phones, consumer electronics lift Reliance Retail

    KOLKATA: India’s largest retailer Reliance Retail’s cellphone and consumer electronicsretailing business crossed the $5-billion revenue mark in the year to March, underscoring the breadth of its market presence. Sales in these two categories — which account for about a third of the total — through Reliance Digital and Reliance Jio stores more than doubled to Rs […]

  • ELECTRONICS
    India Electronics and Semiconductor Association appoints Intel’s Jitendra Chaddah as its Chairman

    Industry body India Electronics and Semiconductor Association Monday said it has appointed Jitendra Chaddah as its chairman. Chaddah, Intel India senior director for operations and strategy, has over two decades of industry experience. “I feel extremely honored for taking up the position of IESA chairman at a time when the Indian electronics and semiconductor industry […]

  • ELECTRONICS
    Bharat Electronics Q4 PAT may dip 20% YoY to Rs. 446.9 cr: Prabhudas Lilladher

    Prabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Capital Goodssector. The brokerage house expects Bharat Electronics to report net profit at Rs. 446.9 crore down 20% year-on-year (down 12% quarter-on-quarter). Net Sales are expected to increase by 32.9 percent Q-o-Q) to Rs. 3,609.4 crore, according to Prabhudas Lilladher. Earnings before interest, tax, […]

  • ELECTRONICS
    Bharat Electronics Q4 PAT may dip 38.8% YoY to Rs. 342.1 cr: ICICI Direct

    ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects Bharat Electronics to report net profit at Rs. 342.1 crore down 38.8% year-on-year (down 32.6% quarter-on-quarter). Net Sales are expected to increase by 6.5 percent Y-o-Y (up 41.5 percent Q-o-Q) to Rs. 3,843.1 crore, according to ICICI Direct. […]

  • NEWS
    Stocks in the news: TCS, Infosys, Jet Airways, Prabhat Dairy, Lumax Auto, Sterlite Tech

    Results on April 12: TCS, Infosys, Alpha Hi-Tech Fuel, Ashika Credit Capital, Gangotri Textiles, GTPL Hathway, Integrated Capital Services, Infomedia Press, Minal Industries, Mold-Tek Technologies, Tinplate Company of India Cipla launches Niveoli, India’s first extrafine ICS-LABA combination HFA inhale Lumax Auto signed a joint venture agreement with Jopp Holding JmbH, Germany for manufacturing and sale of the automotive components IDBI […]

  • ELECTRONICS
    Computer Models Simplify the Synthesis of Organic Electronics

    Organic electronics could change the electronics industry  with their high cost-efficiencies and versatility compared with more commonly used inorganic electronics. For example, their flexibility could let companies print them like paper or put them into clothing to power wearable electronics. However, they have failed to gain much industry traction due to the difficulty of controlling […]

  • ALL DEALS
    Here are all the bulk deals from Friday’s session

    The BSE Sensex ended 178 points higher Friday led by gains in metal, realty and IT stocks amid positive cues from the global markets on optimism over the US-China trade talks. The 30-share Sensex index jumped 177.51 points, or 0.49 per cent, to close at 38,862.23, while the broader NSE Nifty rose 67.95 points, or 0.59 per cent, to 11,665.95. Here […]

  • ALL DEALS
    Here are all the bulk deals from Wednesday’s session

    All BSE sectoral indices finished with losses, led by oil and gas, telecom, capital goods and industrials. After swinging nearly 450 points, the 30-share BSESensex settled 179.53 points, or 0.46 per cent lower at 38,877.12. The gauge had closed above the 39,000-mark for the first time ever Tuesday. The broader NSE Nifty too pared early gains and ended […]