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The SMIC IPO push is part of the Communist Partys strategy to develop global leaders in artificial intelligence, big data, and other advanced sectors.

Chipmaker SMIC set for a huge IPO as China looks to make semiconductor...

SMIC is China's biggest contract manufacturer of chipsets, and the country's hope to make its tech firms non-dependent...

6 July 2020 9:07 PM IST

Mercedes-Benz will recall more than 660,000 vehicles in China later this year for a possible oil leak. (AFP Photo)

Mercedes to recall 6,60,000 vehicles in China for oil leak

The announcement follows another recall that began last month of 4,653 imported Mercedes sedans that had incorrect...

6 July 2020 10:21 AM IST

Billionaire Mukesh Ambanis Reliance Industries Ltd (RIL) plans to increase its network of aviation fuel stations by 50 per cent. (PTI Photo)

Reliance plans to up aviation fuel stations by 50%

Reliance Aviation has the highest market share in 20 per cent of the operating airports

6 July 2020 9:51 AM IST

The 10 most valued Indian companies together added a whopping Rs 1,37,508.61 crore in market valuation last week. (PTI Photo)

Top-10 firms add Rs 1.37 lakh cr in m-cap; TCS, RIL major gainers

Reliance Industries Limited added Rs 28,464.11 crore to take its market valuation to Rs 11,33,168.55 crore

5 July 2020 10:49 AM IST

Uber shuts Mumbai office, services for riders to remain unaffected. (AFP Photo)

Uber takes cost-cutting drive, shuts Mumbai office

In May, Uber had said it is laying off about 600 employees as business has taken a major hit amid COVID-19 pandemic

5 July 2020 10:46 AM IST

Reliance Jios new offering JioMeet.

Reliance Jio launches its own video conferencing app JioMeet to take...

The JioMeet video conferencing app is available across Android, iOS.Windows, macOS and web since Thursday evening.

4 July 2020 2:28 PM IST

Tesla Inc on Thursday denied media reports and said it had not fired employees who chose to stay at home during the coronavirus pandemic. (AFP Photo)

Tesla denies reports of firing employees who chose to stay at home

The electric carmaker said that it had waived its attendance policy for several weeks after getting approval to reopen...

3 July 2020 11:42 AM IST

A Black Facebook employee, joined by two others who were denied jobs at the social network, has filed a complaint against the company, saying it discriminates against Black workers and applicants in hiring, evaluations, promotions and pay. Facebook did not immediately respond to a message for comment Thursday, July 2, 2020. (AP Photo)

Black Facebook employee files racial discrimination complaint

Facebook said in a statement it takes discrimination allegations seriously and investigates every case

3 July 2020 10:03 AM IST

GVK Group promoter G V Krishna Reddy and his son G V Sanjay Reddy

GVK, son in CBI net for Rs 705 crore airport scandal

Central investigation agency searches GVK Group offices in Mumbai, Hyderabad

3 July 2020 9:44 AM IST

Intel Capital to buy 0.39 pc stake in Jio Platforms for Rs 1,895 crore. (PTI Photo)

Intel to invest Rs 1,895 crore in Reliance's digital unit

Intel Capital is 12th company to join the list who have invested in Jio Platforms, taking total investment amount to Rs...

3 July 2020 8:53 AM IST

Just as white skin is preferred to the Indian complexion, so too is credibility attached to ideas that come from the West

Hindustan Unilever rebrands 'Fair & Lovely' as 'Glow & Lovely' amid...

The men's range of its products will be called 'Glow & Handsome', Hindustan Unilever Ltd said in a statement.

3 July 2020 4:01 AM IST

Apple supplier Foxconn, others hit as India holds up imports from China. (AFP Photo)

Apple supplier Foxconn, others hit as India holds up imports from...

More than 150 Foxconn shipments containing smartphone and electronic parts were stuck at the port of Chennai

2 July 2020 4:28 PM IST