Business
Top Tips for Indian Street Shopping
Shopping! Do you need the motivation to get those extravagant shopping packs from Vero Moda or buy the items that suit your range? For each misery or emotional meltdown that we enjoy throughout everyday life, shopping is the absolute destination. Shopping is the response to the millions of inquiries your ex failed to reply to. […]
IQM Quantum Computing firm raises $46 Million
IQM, the popular computing technology organization/firm has raised 46 million dollars or 39 million euros from their prominent investors- MIG and Tencent. This has significantly leveraged its position in the entire industry. For the Finnish firm, this attempt was necessary to boost their production, profit, and renown. This firm was founded in the year 2018. […]
TCS plans to acquire Postbank Systems from Deutsche Bank
Tata Consultancy Services (TCS) is soon to acquire a 100% share of the PBS or Postbank Systems AG. This system will be acquired from the Deutsche Bank. For many years now, PBS is the internal provider for IT firms, a subsidiary from the Deutsche bank. They catered to the small market of German retails. They […]
In the Q3 of 2020, the Chinese Smartphone Market dropped by 14.3%
The smartphone market in China has witnessed a huge drop of 14.3 %. This happened in the third quarter of the year 2020. This was equal to 84.8 million units of shipment according to the report by IDC. The country has faced soft demand for the past months. Consequently, there have been constraints in supply […]
Western Digital Plans to increase Malaysian investment by $555 Million
Western Digital, one of the globally leading and renowned brands for data storage has mentioned its decision to increase the company’s investments in the country of Malaysia by a whopping amount of 2.3 billion ringgit or $554.6 million. This major decision was undertaken to leverage the manufacturing capability and production of the hard disc drives. […]
Brazil’s Telefonica sells Cybersecurity Firm for $20 Million
Telefonica Brasil SA is one of Brazil’s largest telecom services provider. As per the filing on November 4, 2020, the entire stake was sold to Telefonica Cybersecurity Tech. Telefonica SA of Spain is the indirect controller of Telefonica Cybersecurity Tech. Telefonica Ciberseguranca e Tecnologia do Brasil was sold for $20.27 million (116.4 million BRL). This […]
Paytm partners with MARG ERP for MSME Transactions
The country’s largest payment gateway service Paytm has entered into a partnership with MARG ERP to facilitate easier MSME transactions. This will be done with Margpay – the payment solution of MARG ERP. This partnership also encompasses Paytm Payments Bank Ltd. MargPay is an effective innovative payment solution for MSMEs to reconcile their payments cost-effectively […]
UPI Transactions have crossed 2 Billion per Month
UPI (Unified Payments Interface) is an open-architecture digital payment option that has been around the past four years and was developed by Indian banks. In October 2020, the number of UPI transactions was over 2 billion a month. These transactions were valued at nearly Rs. 3.3 lakh crores. Last time around the same time, UPI […]
Global Tablet Shipments increased 24.9% in the 3rd Quarter of 2020
The sector of medicinal tablet shipments has witnessed strong growth in recent times. With the huge expansion in the global market, statistics mention that it grew by 24.9% in the third fiscal quarter for the year 2020. This was a huge revelation in the reports made after the study conducted by IDC. While the Coronavirus […]