Meta’s VR Oculus Business Said to Be Probed by US States

Multiple states have begun investigating potential violations in how Facebook, now known as Meta Platforms, runs its virtual-reality Oculus business, according to three sources familiar with the matter. Two of the sources said the US Federal Trade Commission was also involved in the antitrust investigation. Meta did not immediately respond to a request for comment. […]

Government Puts Curbs On Export Of Enoxaparin

Government has imposed curbs on export of Enoxaparin with immediate effect New Delhi: The government on Monday imposed curbs on export of Enoxaparin, used to treat or prevent certain types of blood clot, with immediate effect. It has also put restrictions on exports of intra-venous immunoglobulin. Immunoglobulin is a component of blood’s plasma.  Exporters of […]

WhatsApp Business Users Getting Search Filters in Beta

WhatsApp Business is testing an update that allows users to filter their searches and easily find messages that are sent by people in their contacts list and others. The advanced search filters would also help businesses look at all unread messages on the app in one go. In addition to the new business-focussed change, WhatsApp […]

BlackBerry Pulls Life Support for Once-Indispensable Business Smartphones

BlackBerry is pulling the plug on service for its once ubiquitous business smartphones, which were toted by executives, politicians, and legions of fans in the early 2000s. The move marks the end of an era as the phones, which sported a tiny QWERTY physical keyboard, pioneered push email and the BBM instant messaging service. Former US President […]

Maruti Suzuki Sales Dropped 4% To 1,53,1499 Units In December 2021

The country’s largest carmaker Maruti Suzuki India (MSI) on Saturday reported a four per cent fall in the total wholesales to 1,53,149 units in December 2021. The company had sold 1,60,226 units in December 2020, MSI said in a statement. In December 2021, the domestic sales slipped 13 per cent to 1,30,869 units last month […]

Tata Motors Passenger Vehicle Sales Rose 50% To 35,299 Units In December

Tata Motors reported a 50 per cent jump in total passenger vehicle sales to 35,299 units in December 2021. The company had sold a total of 23,545 units in the same month a year ago, according to a regulatory filing by Tata Motors to the stock exchanges today. In the October-December quarter, the company said […]

SK Hynix Completes First Phase of $9-Billion Intel NAND Business Buy

South Korea’s SK Hynix said it had completed the first phase of its acquisition of Intel’s NAND flash memory chip business, after it received regulatory nods from eight countries including China. In exchange, SK Hynix will pay $7 billion (roughly Rs. 52213.07 crore) out of the deal’s total $9 billion (roughly Rs. 67131.09 crore) price […]

Samsung Announces Organisational Changes In India Business

Samsung has made organisational changes in its India business New Delhi: South Korean consumer electronics major Samsung on Wednesday announced top level organisational changes in India with an aim to generate more synergies amongst its various businesses. The company has appointed CH Choi as the new Division Leader for the Consumer Electronics business while Jinsock […]

At 74.70, Rupee Hits One-Month High Against US Dollar, Logs 9th Straight Gain

Rupee Vs Dollar Today: The rupee settled at 74.70 against the dollar Continuing its winning streak for the ninth straight session, the rupee gained 34 paise to settle at a one-month high of 74.70 against the US dollar on Tuesday, December 28, tracking positive domestic equities and a weaker dollar in the overseas market. At the interbank foreign […]

New-Age Tech Firms Mop-Up Rs 1.2 Lakh Crore Through IPOs In 2021: Report

New-age technology brands like Paytm, Zomato, Nykaa and Policybazaar, led a record Rs 1.2 lakh crore mop-up through initial public offerings (IPOs) in India during 2021 even as the stock market key indices leaped to new highs shrugging off COVID concerns. The Indian primary market was buzzing throughout the year. 63 companies collectively raised Rs […]

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