About Author

Saipriya Iyer

Saipriya Iyer

Saipriya Iyer presently works as a content developer for fractovia.org. Having dabbled with the domain of content creation for nearly half a decade, she now boasts of an enviable portfolio, holding substantial experience in penning down pieces related to technology, finance, and a wide spectrum of other industry verticals. A qualified computer engineering graduate from the University of Pune, Saipriya can often be found leveraging her knowledge of software technology and electronics in her write-ups. She can be contacted at- [email protected] | https://twitter.com/saipriya_i

Contribution by Saipriya Iyer

Huawei lays off staffs in India amid calls to boycott Chinese products

Published Date: 2020-07-28         Author: Saipriya Iyer

Huawei Technologies Co., a telecommunications equipment company, has reportedly reduced its revenue target for 2020 in India by over 50%. Additionally, the multinational technology company is laying off more than half the capacity of its employees in the country. The decision has been made amid t... Read More

UK banks developing code of conduct on defaulting business loans

Published Date: 2020-07-07         Author: Saipriya Iyer

UK banks are reportedly developing a code of conduct for businesses who have defaulted on the coronavirus loans which are taxpayer-backed. According to industry estimates, around 8 out of 10 borrowers may not be able to repay the loans in full amount. UK Finance and British Business Bank were rep... Read More

Discord gaming app to become a general-purpose communications platform

Published Date: 2020-07-02         Author: Saipriya Iyer

Discord application, which was originally launched with a focus on video games, has reportedly announced that it is planning to emerge into a more general-purpose communications platform. Jason Citron, the Founder and CEO of Discord, has stated that the company’s original branding did not s... Read More

Amazon to offer 20,000 temporary or seasonal employment opportunities

Published Date: 2020-06-29         Author: Saipriya Iyer

Amazon has recently stated that it will offer nearly 20,000 temporary or seasonal employment opportunities in its CS (customer service) organization. This will enable the company to offer a seamless shopping experience for users in India and across the globe. These temporary job opportunities wer... Read More

Singtel & StarHub choose Ericsson & Nokia as 5G network providers

Published Date: 2020-06-26         Author: Saipriya Iyer

Telecommunication operators in Singapore have reportedly chosen Ericsson AB & Nokia Oyj as the main 5G network providers. This has led Huawei Technologies Co. to have less significant contracts in the region. Singapore Telecommunications Limited has chosen Ericsson as its main 5G provider, wh... Read More

Gojek lays off 9% workforce due to rising COVID-19 challenges

Published Date: 2020-06-25         Author: Saipriya Iyer

Gojek is reportedly laying off nearly 9% of its workforce, i.e. 430 employees due to the rising challenges posed by the coronavirus pandemic. The layoff plan will help the company prioritize on its core businesses of food delivery, transport, and payments. These three core services as well as the... Read More

London City Airport reopens as Britain plans to emerge from lockdown

Published Date: 2020-06-23         Author: Saipriya Iyer

London City Airport, an international airport in England, has recently reopened and approved the arrival of a small turboprop airplane from the Isle of Man. This happened in line with the country’s gradual emergence from the COVID-19 lockdown imposed in the region for nearly 3 months. Britain ... Read More

CCI reviewing $5.7B investment signed by Facebook in Reliance Jio

Published Date: 2020-06-19         Author: Saipriya Iyer

The CCI (Competition Commission of India) is reportedly reviewing the $5.7 billion investment made by Facebook, a social networking company, in Reliance Jio Platforms. This investment was made with an aim to enable the social networking service to make inroads into several shops in India. Sources... Read More

GWM inks MoU with Maharashtra Government to set up production plant

Published Date: 2020-06-18         Author: Saipriya Iyer

Great Wall Motor (GWM), a Chinese automobile manufacturer, has reportedly signed an MoU (memorandum of understanding) with the government of Maharashtra. This MoU has been signed by the company to set up a manufacturing facility in the state. The manufacturing plant was acquired by GWM from Gener... Read More

Clix Capital to acquire Lakshmi Vilas Bank through a merger agreement

Published Date: 2020-06-17         Author: Saipriya Iyer

Clix Capital, an AION backed non-bank lender, has reportedly shown its preliminary interest to procure Lakshmi Vilas Bank. In a latest stock exchange filing, the private sector bank stated that it has already inked a non-binding intent letter regarding a proposed amalgamation of the bank with Clix C... Read More

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