Electronic Financial News
21.02 / 22:17
CEO
President
electronic
2020
Agilent names Padraig McDonnell as next CEO
(Reuters) — Agilent Technologies (NYSE:A) on Wednesday named Padraig McDonnell as its next chief executive officer, effective May 1, succeeding Mike McMullen.
21.02 / 16:07
markets
UPS
Target
Manufacturing
Gartner
performer
electronic
Wipro wins deal to design Intel’s latest chips
Wipro Ltd on Wednesday disclosed a new deal with US chipmaker, Intel Foundry. The deal with the chip development division of Intel will further see Wipro engineers work on Intel’s latest ‘18A’ chip node that will be used in cutting-edge consumer electronics devices next year onward. Though Wipro did not disclose the exact size of the deal, two senior industry consultants said under conditions of anonymity that the deal with Intel Foundry is expected to be one of Wipro’s largest deal signings in the past three years.
21.02 / 06:49
Provident
CEO
President
electronic
reports
Schools
Meta chief Mark Zuckerberg to visit South Korea
Mark Zuckerberg is planning to visit South Korea and is scheduling key meetings during his trip, Meta said in a statement on Wednesday without elaborating. Zuckerberg is expected to meet Samsung Electronics chairman Jay Y Lee as early as later this month to discuss AI chip supply and other generative AI issues, South Korean newspaper Seoul Economic Daily reported earlier on Wednesday, citing unnamed sources with knowledge of the matter.
21.02 / 05:09
markets
NVIDIA
track
electronic
reports
testing
Asian chipmaking stocks on edge before Nvidia Q4 earnings test
Investing.com-- Most major Asian chipmaking stocks moved in a flat-to-low range on Wednesday, tracking overnight declines in NVIDIA Corporation (NASDAQ:NVDA) as markets awaited more cues on an AI-driven boom from the chipmaker’s fourth-quarter earnings.
21.02 / 04:13
Provident
FIVE
Booking
Fastenal
electronic
information
reports
Board exam 2024: ICSE Class 10 exams begins today; here's the list of important instructions you need to know
ICSE Class 10 Board exam will begin at 11 am-1 pm. In addition to the time Indicated on the Timetable for writing the paper, 15 minutes time is given for reading the question paper. The question paper may be distributed to candidates at 10:45 a.m.
21.02 / 03:29
Williams
CEO
Apple
Election
President
electronic
Schools
Foxconn founder Terry Gou makes first high-profile appearance in months
Terry Gou, the billionaire founder of major Apple supplier Foxconn, made his first high-profile appearance in months on Tuesday at the firm's 50th birthday, following the ending of his bid for Taiwan's presidency late last year. Gou, who stepped down as Foxconn chief in 2019 and resigned as a board member last September, remains the company's largest shareholder and is still reverentially referred to by company executives as «the Founder».
21.02 / 03:29
markets
UPS
Reuters
JPMorgan
electronic
Interviews
Japan's Mizuho aims to remain a top 10 global investment bank
Mizuho Financial Group aims to stay in the top 10 of the global investment bank league table, its investment banking chief told Reuters, after it became the first Japanese bank to enter the table's upper echelons in more than a decade. Mizuho ranked 10th in LSEG's investment banking league table last year, benefiting from a lead underwriting role in chip designer Arm's initial public offering and the purchase of U.S. mergers-and-acquisitions (M&A) advisory Greenhill.
21.02 / 01:33
Williams
CEO
Apple
Election
President
electronic
Profiles
Foxconn founder Terry Gou makes first high profile appearance in months
TAIPEI (Reuters) — Terry Gou, the billionaire founder of major Apple (NASDAQ:AAPL) supplier Foxconn, made his first high profile appearance in months on Tuesday at the firm's 50th birthday, following the ending of his bid for Taiwan's presidency late last year.
21.02 / 00:31
economy
Trade
show
electronic
Japan exports blow past expectations in Jan, imports tumble
Investing.com-- Japanese exports grew much more than expected in January, boosted by improved overseas demand for automobiles and electronics, although sluggish domestic demand saw a bigger-than-expected fall in imports.
20.02 / 14:53
Digital
WhatsApp
Trade
country
electronic
Videos
WTO meet: India to oppose no customs duty policy on ecomm transmissions
India will not support further continuation of prohibition of imposing customs duties on electronic transmissions at the World Trade Organization (WTO), meeting in Abu Dhabi next week, an official said Tuesday, as besides loss of revenue for developing countries, it also constrains their policy space. New Delhi is of the view that e-commerce needs to be looked at from a development dimension and not from the “eyes of big tech companies”.
20.02 / 08:32
markets
CEO
Action
electronic
innovations
Schools
Startups, entrepreneurs should comply with laws irrespective of size: MoS IT Rajeev Chandrasekhar
Entrepreneurs and companies should comply with the rules and laws, irrespective of their size, scale and growth momentum, minister of state for electronics and technology Rajeev Chandrasekhar said on Monday. “I have seen entrepreneurs beginning to trespass because the momentum of entrepreneurship takes them beyond what the regulators have allowed them to do at that particular point in time… even if you are a hard-charging, successful, innovative entrepreneur, you cannot live in denial of the reality that there are rules and laws that have to be complied with, and that applies to big companies, small companies, startups, legacy,” he said at the Mumbai Tech Week.
20.02 / 01:07
markets
Enterprise
Trade
electronic
hospital
International
Dividend stocks: SAIL, Coal India, Apollo Hospitals, MSTC among 14 stocks to trade ex-dividend today
Dividend stocks: Shares of Steel Authority of India Ltd (SAIL), Coal India Ltd, Apollo Hospitals Enterprise Ltd, MSTC Ltd, Power Finance Corporation Ltd, Aurobindo Pharma Ltd, Hindustan Aeronautics Ltd, Centum Electronics Ltd, Amrutanjan Health Care Ltd, Hikal Ltd, Majestic Auto Ltd, Precision Wires India Ltd, Refex Industries Limited, TCI Express Ltd, and Choice International Ltd will be in focus when the stock market opens on February 20 (Tuesday). The Board of Directors of these companies have declared interim dividend and bonus issue for their eligible shareholders. The record date by the 15 companies to ascertain the eligibility of shareholders for their respective issues have been fixed on February 20.
19.02 / 09:37
UPS
Strategy
War
electronic
reports
Defence stocks to benefit from ₹84,560-cr contract from defence ministry, says Nuvama; picks BEL, HAL, Data Patterns
₹84,560 crore. In its report, brokerage house Nuvama Institutional Equities stated that the Ministry of Defence had taken a tactical move based on lessons learned.
19.02 / 08:07
markets
UPS
security
NVIDIA
Trade
electronic
South Korean shares hit 20-month high on chip boost, policy optimism
South Korean shares rose more than 1% on Monday to their highest level since May 2022, as chipmakers jumped and foreign buying continued on optimism around the government's corporate reform plan. ** The benchmark KOSPI closed up 31.50 points, or 1.19%, at 2,680.26 — its highest level since May 31, 2022.
19.02 / 00:49
UPS
Platform
Strategy
Food
beautiful
electronic
Zomato plans for Blinkit to deliver more via ecommerce
Zomato could find itself up against ecommerce marketplaces like Amazon and Flipkart as it explores adding brands across a gamut of new categories to its 10-minute delivery platform, Blinkit. This major push into the fast-growing direct-to-consumer (D2C) space would entail the Gurgaon-based firm building its own supply chain to directly source branded products and manage stock, multiple people aware of the plans told ET. It would deliver these through Blinkit. Zomato, which is scaling up its quick commerce operations, has “had conversations with individual brand owners for various categories to stock up inventory. This is being seen as a potential long-term growth driver,” one of the persons said.
18.02 / 13:29
CEO
Action
country
electronic
reports
compliance
regulatory
RBI action on Paytm Payments Bank: Regulatory compliance cannot be ‘optional’, says Rajeev Chandrasekhar
PTI. The issue of Paytm Payments Bank is a case where a hard-charging and aggressive entrepreneur has failed to realise the need for regulatory compliance, and that no company can get away if it is non-compliant with the law, said minister of state for electronics and IT Rajeev Chandrasekhar, as per the PTI report. He also said that the RBI’s regulatory action on Paytm Payments Bank has drawn the attention of fintech firms to the importance of complying with the laws.
18.02 / 12:47
UPS
FIVE
Manufacturing
Mobile
Apple
country
electronic
Two full-blown multi-billion dollar semiconductor plants going to come up in India: MoS IT
India very soon entailing multi-billion dollar investment besides several chip assembly and packaging units, Minister of Electronics and IT Rajeev Chandrasekhar said. In an interview with PTI, the minister confirmed that the two projects include a USD 8 billion proposal submitted by Israel-based Tower Semiconductors and the other from Tata Group. «I am happy to share this with you and you are probably the first one I'm sharing this with. In the near term, two full-blown fabs are going to come up in India. These are going to be multi-billion-dollar fabs in the 65, 40 and 28-nanometer technology and there are going to be a host of other packaging proposals that we are evaluating,» Chandrasekhar said. He was responding to a question on USD 8 billion investment proposal submitted by Tower Semiconductors and the status of India's semiconductor roadmap.
18.02 / 07:07
Digital
Action
economy
electronic
consequences
Interviews
politician
compliance
RBI action on Paytm Payments Bank has drawn fintechs' attention to compliance of laws: Chandrasekhar
Paytm Payments Bank has drawn the attention of fintech firms to the importance of complying with laws, Union Minister Rajeev Chandrasekhar has said. The minister stressed that regulatory compliance cannot be «optional» for companies, rather it is an aspect every entrepreneur must pay full attention to. In an interview to PTI, Chandrasekhar — the minister of state for electronics and IT — said the issue of Paytm Payments Bank is a case where a hard-charging and aggressive entrepreneur has failed to realise the need for regulatory compliance, and that no company can get away if it is non-compliant with law. Any company, be it from India or abroad, big or small, has to abide by the law of the land, the Minister asserted amid the unfolding Paytm Payments Bank Ltd (PPBL) crisis.
17.02 / 08:11
Citi
Mobile
Trade
electronic
Investigations
International
Hong Kong customs arrests 7 in a $1.8 billion money laundering case linked to transnational crime
Hong Kong customs officials have arrested seven people linked to the territory's largest money laundering case on record, involving about $1.8 billion
17.02 / 07:11
markets
Booking
Align
Metro
Research
Experts
electronic
Indian stock market: BEL to HAL — Why defence stocks will be in focus on Monday?
Indian stock market: Following the Defense Acquisition Council’s (DAC) meeting held on Friday to disburse the ₹80,000 crore order, defence stocks in India are expected to remain in focus on Monday. According to stock market experts, defence companies with strong CAPEX are expected to come under the radar of Dalal Street bulls as some value buying is expected for to defence segment when the Indian stock market reopens on Monday. Speaking on the impact of the DAC meeting outcome on the Indian stock market, Amit Goel, Co-Founder and Chief Global Strategist at Pace 360 said, "The recent military order of 80,000 crores signifies a significant YoY increase in military spending.
16.02 / 19:41
Cooper
security
Trade
country
electronic
rights
Pharmaceuticals
Govt Plans to designate rare earth, pharma & IT as critical sectors
rare earth minerals, electronics and pharmaceuticals as critical sectors to secure them against any future supply chain disruption. The move comes ahead of the Supply Chain Resilience Agreement of the 14-member Indo-Pacific Economic Framework (IPEF) entering into force next week. As per the agreement, the member countries have to identify critical sectors and key goods for cooperation upto 120 days after the date of the entry into force. The agreement will enter into force on February 24, 2024.
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