Electronic Financial News
13.09 / 04:07
COST
UPS
Digital
Manufacturing
track
electronic
TSMC
Taiwan's TSMC prizes Japan's chips skills amid Arizona factory problems
TSMC, which is making an unprecedented push into chip manufacturing overseas, is taking an increasingly optimistic view of Japan as a production base, two industry sources said, as problems persist at its new factory in Arizona. TSMC, the world's largest contract chipmaker, is frustrated in Arizona, the sources said, where it has struggled to recruit workers for the gruelling chipmaking trade and faced pushback from unions on efforts to bring in workers from Taiwan.
13.09 / 02:55
UPS
Provident
Digital
Apple
Software
Instagram
electronic
Can you find deleted iMessages on iPhone? Here’s what you can do
iPhone. Many people believe that once a message is deleted, it's gone for good. However, iCloud can hold a backlog of these deleted messages, providing a clever workaround for those who need to retrieve them.
13.09 / 00:31
UPS
NIFTY
SENSEX
performer
electronic
bail
Mind
Investors with risk on their mind bail out of favourites
Shares of defence firms, Public Sector Undertakings (PSUs) and firms deriving business from Railways-the darlings on Dalal Street in the recent run-up- tumbled on Tuesday as investors dumped them with risk aversion gripping the stock market. Analysts said concerns that many of these stocks were overbought following recent gains weighed on investor sentiment. Among defence stocks Bharat Electronics, Hindustan Aeronautics, Bharat Dynamics, and Garden Reach Shipbuilders & Engineers declined 3 -9%.
12.09 / 19:39
Reuters
Digital
Mobile
Apple
Remark
electronic
iPhone 12
France halts iPhone 12 sales over increased radiation levels
Apple is expected to respond within two weeks", he said to Reuters. "If they fail to do so, I am prepared to order a recall of all iPhones 12 in circulation. The rule is the same for everyone, including the digital giants," the minister added.
12.09 / 19:15
UPS
Provident
Aware
Samsung
electronic
Samsung weighs setting up 5G gear production hub in India
NEW DELHI : Samsung Electronics Co. Ltd is evaluating making India a hub for making 5G equipment as it weighs alternatives to China for expanding production, three people aware of the development said. The South Korean conglomerate is considering India alongside Vietnam for its plans.
12.09 / 10:59
Provident
CEO
Fighting
Software
electronic
Power
Cyber
Tata Power Delhi Distribution ties with US-based Utiltyx to ensure cyber security, seamless power supply
Tata Power Delhi Distribution on Tuesday announced its strategic partnership with Utiltyx, the Indian arm of the US-based cyber security and data analytics software company. The partnership aims to enhance the company's preparedness against future threats and challenges related to cyber security, a company statement said. The association is aimed at augmenting IED (Intelligent Electronic Device) visibility, adding strengths to the capabilities of Tata Power-DDL to fight cyber threats and providing credible & real-time analytics for its distribution grid, thereby preparing the power distribution infrastructure for future threats and growth, the statement said. This assumes significance in view of threats of trojan malware on India's power supply system especially from some of the neighbouring nations.
12.09 / 09:03
Lowe's
SENSEX
show
electronic
BEL shares drop 6.56% as Sensex rises
Bharat Electronics Ltd. traded 6.56 per cent down at Rs 135.25 at 02:04PM (IST) on Tuesday, even as BSE benchmark Sensex gained 68.79 points to 67195.87.
12.09 / 07:45
FIVE
electronic
hearing
Centre
SC rejects Centre's request to defer hearing on Sedition law challenge
sedition law challenge case since Bharatiya Nyaya Sanhita is under consideration by a standing committee, according to Bar and Bench reports. During the hearing, CJI DY Chandrachud led-bench clarified that the new law will have no impact on the constitutional validity of Section 124A IPC since penal laws have only prospective effect and no retrospective effect, the report said. The top court directed the matter of reconsideration of Kedarnath Nath Singh's judgment to be listed before a bench of at least five judges, the Bar and Bench report added.
12.09 / 06:15
VISA
CEO
country
electronic
International
Essential checklist: Top 5 must-haves for international students
Outlined below are the top 5 indispensable items that every student must have when embarking on a journey abroad for studies:1. Medicines: Ensure you carry an ample supply of medications you've been consistently using. Especially for prescribed medications, it's advisable to have a substantial stock.
12.09 / 04:53
Manufacturing
electronic
Fundamental Radar: Why Kaynes Tech can see strong earnings growth, Narendra Solanki explains
MUMBAI — Kaynes Technology is one of India’s leading end-to-end and IoT solutions-enabled integrated electronics manufacturers. The company’s business includes OEM- Box build, OEM-Printed Circuit Board Assemblies (PCBAs), and ODM services.
12.09 / 04:43
UPS
Manufacturing
Platform
Entertainment
country
electronic
cricket
Top 5 Stocks to Benefit from the Upcoming Cricket World Cup 2023
upcoming Cricket World Cup 2023 has been building up for some time. Fans across India are hoping that ‘conservative’ India can lift the trophy after 12 years on home soil. India triumphed over Sri Lanka in the 2011 Cricket World Cup.
12.09 / 03:57
Provident
Apple
AirPods
performer
cover
audience
electronic
iPhone 15
pricing
Features
Apple's 'Wonderlust' event: New features, pricing, and iPhone 15 series highlights
Apple is planning a major event for September 12, 2023, at its Cupertino, California headquarters. The 'Wonderlust' event is set to launch a slew of new items with improved functionality and pricing. This event will undoubtedly showcase the highly anticipated iPhone 15 series, the Apple Watch Series 9, and an updated AirPods Pro.
12.09 / 03:07
Provident
Lowe's
Manufacturing
Gap
country
electronic
Why little Chinese investments despite India being top investment opportunity destination
India is the top destination for Chinese companies, but it falls to 11th place in the overall rank as the most attractive destination when other factors are considered. In an Economist Intelligence Unit (EIU) report published this month, which indexes 80 investment destinations based on their appeal to Chinese investors, Singapore emerged the number one most attractive destination for Chinese companies to invest in. The China Going Global Investment Index uses a robust and quantitative approach to rank countries based on their attractiveness for Chinese outward direct investment (ODI). It is aimed at assisting Chinese firms narrow down the list of potential investment destinations, and also focus the minds of recipient governments on the issues that matter for Chinese investors. A total of 200 indicators were used to create the 2023 edition of the index.
12.09 / 02:21
COST
UPS
Apple
electronic
lawmakers
California lawmakers approve the nation’s most sweeping emissions disclosure rules for big business
California lawmakers have approved legislation requiring major companies to disclose a sweeping range of greenhouse gas emissions
12.09 / 01:13
IPO
Platform
country
electronic
KKR
Reliance Retail Ventures gets Rs 2,000 crore from KKR
KKR is investing another ₹2,069.5 crore through an affiliate in Reliance Retail Ventures (RRVL), holding company for the retail businesses of Reliance Industries (RIL). KKR's follow-on investment will translate into an additional equity stake of 0.25% in RRVL, according to a press release issued on Monday, which added that this takes the private equity giant's holding to 1.42%. This round of fundraising has increased RRVL's valuation to around ₹8.36 lakh crore, from ₹8.28 lakh crore, when Qatar Investment Authority invested ₹8,278 crore less than three weeks ago. RIL said this puts Reliance Retail Ventures on the list of the country's top four companies by equity value. ET on August 25 reported that Reliance Industries is likely to sell a fresh round of 8-10% in RRVL to fund expansion, retire debt and prepare for the unit's initial public offering, which would take total stake sold to 19-21%.Global interest The stake sale is crucial because at the current valuation, RRVL's IPO size will be too large for the current liquidity to absorb. At a recent annual general meeting, Reliance Industries chairman and managing director Mukesh Ambani said several global investors had shown keen interest in the conglomerate's retail business. The latest investment by KKR comes primarily from its Asian Fund IV. In 2020, KKR invested Rs 5,550 crore in Reliance Retail Ventures.
12.09 / 01:05
Citi
Digital
Manufacturing
Gap
Mobile
electronic
Karnataka poised towards attracting global technology firms: state IT minister Priyank Kharge
“We have catered to the Bengaluru ecosystem, the Indian tech ecosystem and now we want to cater to the global ecosystem with our skills, innovation and research offerings, apart from (creating) the Electronics System Design and Manufacturing (ESDM) ecosystem itself,” he told ET.
11.09 / 22:05
Man
SPY
Actor
country
electronic
foreign
Foreign student arrested in Norway on suspicion of espionage including electronic eavesdropping
A 25-year-old foreign student has been arrested in Norway on suspicion of espionage including illegal eavesdropping through various technical devices
11.09 / 19:35
UPS
Provident
Manufacturing
awards
BABA
electronic
EVgo receives first shipment of Build America, Buy America fast chargers
EV fast charging company, EVgo Inc (NASDAQ:EVGO) announced Monday that it received the first shipment of 350kW fast chargers from Delta Electronics. Chargers that are manufactured according to Build America, Buy America Act (BABA) standards.
11.09 / 18:45
Digital
Platform
performer
electronic
KKR
stake
KKR to invest ₹2,069 cr in Reliance Retail, raise stake to 1.42%
₹2,069 crore through an affiliate. In 2020, KKR had invested ₹5,550 crore for the first time in the retail business, spanning grocery, consumer electronics, apparel, footwear, online commerce, and jewellery. For this transaction, RRVL had a pre-money equity value of ₹8.361 trillion, which makes it among the top four companies by equity value in India, said Reliance Industries Ltd (RIL) in a filing to exchanges on Monday.
11.09 / 14:55
UPS
Provident
Amazon
Discover
electronic
Power
Power Up Your Life: Discover the Best UPS Inverters in India
If you are looking for something similar, we suggest you go through this article where we share some of the best UPS inverters in India, which are easily available on Amazon. We have ensured to share complete detailed information about these mentioned products so that you can easily compare them with one another to find the one that is perfect for you. We have also shared a purchase link to help you place your order.
11.09 / 14:55
Digital
Platform
performer
electronic
KKR
stake
KKR to invest Rs 2,070 crore in Reliance Retail, raise stake to 1.42%
KKR, will invest Rs 2,069.50 crore in Reliance Retail Ventures Ltd, thereby raising its stake to 1.42% from 1.17% in the retail behemoth. The follow-on investment by KKR values the retail subsidiary of Reliance Industries at Rs 8.36 lakh crore (approximately $101 billion), which is the double the valuation it got during the fundraising in 2020. “This investment values RRVL at a pre-money equity value of Rs 8.361 lakh crore, which makes it among the top four companies by equity value in the country,” RIL said in a release. In 2020, KKR had invested Rs 5,550 crore in Reliance Retail for a 1.17% stake. Three years ago, the retail behemoth had raised Rs 47,265 crore from various global investors, including KKR, at a pre-money equity value of Rs 4.21 lakh crore. “Throughout our investment period in Reliance Retail, we have been impressed by the company’s vision and extensive work to empower retailers across India through digitalization, as well as by its resilience and performance in spite of the pandemic and other disruptions,” said Joe Bae, Co-CEO, KKR. Reliance Retail operates India's largest retail business with an integrated omni-channel network of over 18,500 stores and digital commerce platforms across grocery, consumer electronics, fashion & lifestyle, and pharma consumption baskets. “We look forward to continued engagement with KKR and to benefit from their global platform, industry knowledge and operational expertise, in our journey towards driving transformation of the Indian retail sector,” said Isha Mukesh Ambani, director, Reliance Retail. The investment by KKR follows Qatari sovereign wealth fund Qatar Investment Authority’s $1 billion investment in Reliance Retail for a nearly 1% stake.
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