Archives
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ELECTRONICS April 24, 2019 Samsung Electronics to invest $9.6 billion annually in logic chips until 2030
By: Loknath DasSamsung 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, […]
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HOME & GARDEN November 6, 2017 Making your Diwali shopping list? Here are five home décor pieces to invest in
By: Loknath DasDiwali brings with it reasons to indulge the shopaholic in you. But as you begin your festive shopping this season, look for more than just playful cushions, and temporary decor accessories. Instead splurge on items that will last longer than just a season. Gorgeous chandeliers, intricate mirrors, vintage coffee tables are great investments. Here are […]
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ALL DEALS November 28, 2016 Samsung to Invest More Than $1 Billion to Boost US Chip Production
By: sristy SahaSamsung to Invest More Than $1 Billion to Boost US Chip Production Samsung Electronics Co Ltd said on Tuesday it planned to invest more than $1 billion by the end of June 2017 to boost production of system chips at its Austin, Texas, facilities in the United States to meet growing demand. The South Korean […]
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NEWS October 4, 2016 LG Says to Invest in Robot Technology
By: sristy SahaLG Says to Invest in Robot Technology South Korea’s LG Electronics Inc said on Sunday it will aggressively invest in robots, seeking to capitalise on advancing artificial intelligence that may eventually lead to sophisticated machines performing everyday human tasks. LG, in a statement, said its appliances division is preparing the firm’s entry into the robotics […]
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ELECTRONICS September 24, 2016 LG Says to Invest in Robot Technology
By: sristy SahaSouth Korea’s LG Electronics Inc said on Sunday it will aggressively invest in robots, seeking to capitalise on advancing artificial intelligence that may eventually lead to sophisticated machines performing everyday human tasks. LG, in a statement, said its appliances division is preparing the firm’s entry into the robotics industry with the aim to develop products […]
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NEWS March 30, 2016 Apoorva Patni plans to invest Rs100 crore in healthcare sector
By: sristy SahaApoorva Patni, son of Patni Computers co-founder Ashok Patni, plans to deploy nearly Rs.100 crore in the healthcare sector through his fund Currae Healthtech Fund. Patni, who has invested about Rs.10 crore in seven healthcare technology start-ups since 2015, plans to expand the fund’s portfolios to 20 companies with an expected investment of about Rs.100 […]
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NEWS March 11, 2016 Uber partners Invest India to mentor entrepreneurs
By: sristy SahaUber Technologies Inc., valued at $50 billion, is the world’s most highly valued start-up. Photo: Reuters Bengaluru: Uber, a ride-hailing service provider, Wednesday said it has partnered with Invest India, India’s official agency dedicated to investment promotion and facilitation, to mentor entrepreneurs over the next 12 months. Uber said it would host a series of […]
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ALL DEALS March 11, 2016 Baidu says in talks to invest in Indian e-commerce start-ups
By: sristy SahaPhoto: Bloomberg Beijing: Baidu Inc. is in talks to invest in Indian e-commerce start-ups, including Zomato, BookMyShow and BigBasket, a spokesperson for China’s top online search provider said on Wednesday. “The Indian market represents an enormous opportunity for us to connect more people with services, and we plan to put more resources there in the […]
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NEWS March 11, 2016 Amrita University’s incubation centre to invest $120,000 in four start-ups
By: sristy SahaAccording to the Amrita University’s incubation centre, it has so far mentored 181 start-up ideas, built 31 products, filed for five patents and trained 6,700 students, and incurred zero loss from its investments. Chennai: Four start-ups have won seed funding worth a total of $120,000 (Rs.80 lakh) from Amrita Technology Business Incubator (TBI), supported by […]
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ALL DEALS March 9, 2016 Unilazer Ventures, Peyush Bansal & Phanindra Sama invest in DailyObjects
By: sristy SahaWhile three exclusive outlets will be set at the airports of Mumbai, Delhi and Bangalore, the rest would include shop-in- shop kiosks that will be launched across Delhi and NCR. Ronnie Screwvala’s venture capital firm Unilazer Ventures, Lenskart founder Peyush Bansal and redBus founder Phanindra Sama have invested Rs.9 crore in online gadget accessory store […]
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NEWS March 9, 2016 InMobi, TaxiforSure founders invest in Wooplr
By: sristy SahaThe new funds will be utilized for geographical expansion. Currently, Wooplr has one office in Bengaluru and plans to set up offices in Delhi and Mumbai shortly. New Delhi: Wooplr Technologies Pvt. Ltd, which owns and operates fashion discovery app Wooplr, on Monday said it has raised an undisclosed amount from Naveen Tewari, Abhay Singhal […]