Business
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Samsung, LG, other S.Korean firms to invest $49 bn in display biz
SEOUL: Samsung Display, LG Display, and other South Korean display companies will make a combined investment of over 65 trillion…
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London court throws out lawsuit against Google over medical records
LONDON: Google on Friday defeated a lawsuit brought on behalf of 1.6 million people over medical records provided to the…
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Tamil actor buys Sundar Pichai’s ancestral house in Chennai
CHENNAI: A Tamil actor has purchased the ancestral house of Google CEO Sundar Pichai in Chennai for an undisclosed sum.…
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RBI may cancel licence of ARCS after Income Tax report
NEW DELHI: The Reserve Bank of India may cancel the licences of a few asset reconstruction companies (ARC) who had…
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Combination of measures made Thomas Cook to save about Rs 3.7 bn costs
CHENNAI: A combination of measures like reducing branch network, integrating backend work, downsizing and digitalisation has resulted in travel major…
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Indigo reports best ever fourth quarter net profits at Rs 9,192 million
NEW DELHI: IndiGo continued on the path of profitability as it reported its best-ever fourth-quarter net profit of Rs 9,192…
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Wheels India to invest Rs 200 cr to ramp up production
CHENNAI: Wheels India has earmarked an investment of Rs 200 crore as capex this year as part of gradually ramping…
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ITC reports strong growth momentum across operating segments
NEW DELHI: The Board of Directors of ITC will recommend for shareholders’ approval, a special dividend of Rs 2.75 per…
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Micron to invest up to $3.6 bn in Japan to build AI-driven chips
TOKYO: Micron Technology will invest up to 500 billion yen ($3.6 billion) in Japan over the next few years, with…
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Gold declines Rs 480, silver plunges Rs 530
NEW DELHI: Gold prices softened by Rs 480 to Rs 60,070 per 10 grams in the national capital on Thursday…
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