About Author
Pankaj Singh
Endowed with a post graduate degree in management and finance, Pankaj Singh has been a part of the online content domain for quite a while. Having worked previously as a U.K. insurance underwriter for two years, he now writes articles for fractovia.org and other online portals. He can be contacted at- [email protected] | https://twitter.com/PankajSingh2605
Contribution by Pankaj Singh
Samsung seeks tax incentives from Texas officials to build chip plant
Samsung, a multinational electronics company, has reportedly submitted paperwork to officials in Texas, in request of a billion dollars in tax incentives. This document has been submitted with an aim to make Austin the future hub for its new chip factory worth $17 billion. As per the documents fi... Read More
Flipkart might buy controlling interest in travel aggregator Cleartrip
Ecommerce giant Flipkart is reportedly in talks to acquire a controlling share in online travel aggregator Cleartrip, further allowing it to boost its footprint in the highly competitive marketplace. The move by Walmart-owned Flipkart is intended to take on contemporaries such as EaseMyTrip, Book... Read More
Groww likely to reach unicorn status with backing from Tiger Global
An American hedge fund, Tiger Global Management LLC, is in conversation to lead a USD 100 million funding round of millennials-focused investment app, Groww, valuing the firm at USD 1 billion. Sources close to the matter stated that Tiger Global will contribute about USD 50 million, with the remaini... Read More
Controversial Chinese semiconductor firm HSMC to dismiss all its staff
Controversial Wuhan-based semiconductor manufacturer, Wuhan HSMC (Hongxin Semiconductor Manufacturing Co), has reportedly announced that it plans to dismiss all of its staff members, in what some industry analysts are calling a possible sign of complete failure of the company’s problematic pro... Read More
AvePoint EduTech to revolutionize exam solutions using Microsoft 365
Singapore-based leading software company AvePoint Inc. has announced the worldwide launch of the first complete SaaS education management system EduTech, which will be directly integrated with Microsoft 365. Amidst the growing demand for training and accreditation services in commercial and educa... Read More
Teenage Engineering chosen by Carl Pei’s Nothing as founding partner
Teenage Engineering, a Stockholm-based music equipment design firm has recently been tapped by Nothing, an emerging consumer tech brand created by ex-OnePlus executive Carl Pei to work collaboratively on upcoming product releases. According to Pei, the design firm, which is one of the founding partn... Read More
PepsiCo introduces new hydrating line of juice beverages for youngsters
PepsiCo Inc., an American multinational food and beverage corporation, has reportedly introduced a new product line, Frutly, which is basically a hydrating juice water, specially designed for youngsters. The new entrant to PepsiCo’s juice category, comprises fruit juice, water, and electrol... Read More
Blackstone Group receives CCI nod for Piramal Glass acquisition
The Competition Commission of India (CCI) has reportedly approved Blackstone Group’s deal to acquire the global specialist in design, production, and decoration of premium glass packaging, Piramal Glass. Sources with relevant information stated that this deal will be the heftiest ever trans... Read More
Future Retail’s USD 3.4 billion deal squashed by Indian Supreme Court
According to reliable sources, India’s Supreme Court restrained the NCLT (National Company Law Tribunal) from sanctioning a deal worth USD 3.4 billion between Mumbai-based multinational conglomerate Reliance Industries Limited (RIL) and Future Retail Limited. For the record, Future Retail i... Read More
U.S.-based TigerGraph secures USD 105 million in Series C funding round
California-based leading graph analytics services provider, TigerGraph Inc., has reportedly secured USD 105 million in a Series C funding round which was led by Tiger Global Management LLC, an American investment firm. Being known as the largest funding round in the graph database and analytics i... Read More