Archives
-
NEWS 
July 19, 2017 Decision on Western Digital’s Bid to Block Toshiba Memory Unit Sale Postponed
A US judge did not reach a decision Friday in Western Digital’s bid to temporarily block Toshiba from selling its flash memory business in an $18 billion deal but proposed requiring Toshiba to give Western Digital two weeks’ notice before closing. Toshiba is scrambling to sell its flash memory unit to cover losses from its nuclear reactor business. In late June, […]
-
ELECTRONICS 
October 11, 2016 China’s $100 Billion Chip Supremacy Bid Deemed Unrealistic
HIGHLIGHTS China wants to become premier supplier of semiconductors to the planet Part of a broader effort to wean itself off foreign technology China currently makes just 15 percent of the semiconductors it consumes China faces an uphill battle in its push to become the global leader in computer chips because of a lack of […]
-
ALL DEALS 
March 25, 2016 Narendra Modi risks middle-class backlash in bid to spur lending
A backlash already prompted Narendra Modi to backtrack on a budget proposal to tax the provident funds of 37 million employees, a sign of his reluctance to stick with difficult political decisions ahead of a slew of state elections. Photo: Reuters New Delhi: Prime Minister Narendra Modi risks a political backlash among the middle class […]
-
ALL DEALS 
March 1, 2016 Foodpanda changes India strategy in revival bid
Foodpanda, which until now has been driven by technology developed at its headquarters in Berlin, has also started to build its products locally. Photo: Ramesh Pathania/Mint New Delhi/Mumbai: Online food ordering company Foodpanda is revisiting its India strategy by outsourcing delivery and is also looking to start its own kitchen, a comparatively higher-margin business, as […]
