Archives
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ELECTRONICS September 22, 2017 Toshiba Prepares to Formalise Chip Unit Sale to Bain Capital, Rejected Suitor Steps Up Legal Action
By: Loknath DasJapan’s Toshiba is expected to formalise the sale of its prized memory chip unit on Thursday to a group led by US private equity firm Bain Capital, even as jilted suitor and joint venture partner Western Digital took fresh legal action. The embattled conglomerate said on Wednesday it had agreed to the sale, but the formal signing of the […]
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ALL DEALS November 12, 2016 Incorporate A Business: Choosing A Legal Entity
By: sristy SahaIncorporate A Business About the LLC (Limited Liability Company) The LLC is a popular choice with small business owners and solo entrepreneurs when it comes time to incorporate a business, because it does not have as many formalities and “red tape” requirements as a C Corporation or S Corporation. The filing requirements are easier, and […]
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NEWS March 21, 2016 Apple Said to Have Hired a Corporate Security Officer Amid Legal Battle With the US
By: sristy SahaApple Inc, amid a pitched battle with the US government over law enforcement’s desire to crack into iPhones, has hired a new security executive to oversee its corporate digital defences, people familiar with the matter said. Apple appointed George Stathakopoulos, formerly vice president of information security at Amazonand before that Microsoft Corp’s general manager of […]
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NEWS March 11, 2016 E-commerce firms expand their legal teams
By: sristy SahaWeb grocer Grofers, delivery firm Roadrunnr and ride hailing firm Ola are among those putting together legal teams, while Paytm is expanding its existing legal team given the growth in its business. Grofers has millions in its warchest but cannot spend any of it to sell baby foods at a discount as laws prohibit it. […]
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NEWS March 11, 2016 Will online pharmacies work in India, and are they even legal?
By: sristy SahaZigy co-founder Hemant Bhardwaj hired three law firms just to ascertain if the business of online pharmacies was legal. Photo: Hemant Mishra/Mint New Delhi: It’s a $18 billion market set to grow to $55 billion by 2020 and it’s finally beginning to get the kind of attention from investors and entrepreneurs those numbers warrant—despite uncertainty […]