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Intel CEO Lip-Bu Tan Says Company Will Spin Off Non-Core Units
Intel will spin off assets that aren’t central to its mission and create new products. The company needs to replace the engineering talent it has lost, improve its balance sheet and better attune manufacturing processes to meet the needs of potential customers, Tan said.
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Intel's Interim Co-CEO David Zinsner Says New Chief Executive Will Have Foundry Experience
Intel's interim co-CEO David Zinsner said that the company's next chief executive officer will have manufacturing expertise as well as experience in the product side of the chipmaking business. The firm has reportedly started evaluating a handful of outsiders including former board member Lip-Bu Tan to take the reins of the struggling chipmaker, a ...
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India to Soon Start Semiconductor Manufacturing, Production: IT Secretary
Electronics and IT secretary Alkesh Kumar Sharma on Tuesday said that the production of semiconductors in the country will start very soon. He was responding to a query around plan of action of the Ministry of Electronics and IT after state-owned company Energy Efficiency Services Limited (EESL) raised the issue of shortage of electronic chip and p...
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Henry Cavill to Star in Warhammer 40,000 Series at Amazon Prime Video: Report
Henry Cavill is reportedly attached to a Warhammer 40,000 series at Amazon Prime Video. As per Deadline, the actor has been exploring multiple opportunities, after stepping down from the role of Superman for DC Studios. Reports suggest that Amazon is in the final stages of acquiring rights to Warhammer 40,000 from board game manufacturer Games Work...
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SEBI Bars Bombay Dyeing, Ness Wadia From Securities Market For Up To 2 Years
Securities and Exchange Board of India (Sebi) has barred 10 entities, including Bombay Dyeing & Manufacturing Company Ltd and its promoters -- Nusli N Wadia, Ness Wadia and Jehangir Wadia -- from the securities markets for up to two years.
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Jersey Sponsor Byju's Allegedly Owes Rs 86.21 Crore To BCCI, Paytm Wants To Exit As Title Sponsor
Byju's first came on board back in 2019 when mobile manufacturer Oppo transferred the sponsorship rights to the online tutorial firm.
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Rs 400 Crore Tax Evasion Detected After Raids On Tamil Nadu-Based Group
The Income Tax department has detected a "large-scale tax evasion" of over Rs 400 crore after recently raiding a Tamil Nadu-based group engaged in liquor manufacturing and hospitality, the Central Board of Direct Taxes (CBDT) said on Monday.
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Apple Supplier Quanta in Shanghai Faces Chaos Due to COVID-19 Lockdown: Report
As per a report, videos posted online showed more than a hundred Quanta workers physically overwhelming security guards in hazmat suits and vaulting over factory gates to escape being trapped inside the Shanghai factory amid rumours that workers on the floor that day tested positive for COVID.
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"Men's Uniforms Were Re-Stitched For Women's Players": Former BCCI Committee of Administrators Chairman Vinod Rai
Speaking about women's cricket in India, Mr Rai said that he had to call-up then kit manufacturers Nike to ask them to design women's jerseys separately as earlier the men's jersey's were being "cut-up and re-stitched" for the women.
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JK Cement To Enter Paint Business; Shares Tank Over 11%
Cement manufacturer JK Cement has announced its foray into the paint business. The company's board had met on Saturday and cleared the proposal to enter the paint sector with an investment of Rs 600 crore infused over a period of five years.
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Is Your Cup Of Tea Safe For Consumption? Tea Board Warns Against Adulteration
As per Tea Board Of India, tea leaves that get damaged during manufacturing process are often treated with various colouring agents to improve their appearance and price.
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Government Imposes Anti-Dumping Duty on Select Chinese Goods For 5 Years
Government has imposed anti-dumping duties on five Chinese products for five years as a measure to insulate local manufacturers from cheaper imports
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Green Panel's Directions To Pollution Board On Water Wastage By Purifiers
The National Green Tribunal (NGT) has directed the Central Pollution Control Board (CPCB) to issue directions to all RO manufacturers banning water purifiers where the level of total dissolved solids (TDS) in water is below 500 milligrams per litre.
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Rs 200 Crore Black Income Found In Raids On Pune Business Group: Tax Body
The Income Tax Department has detected unaccounted income of over Rs 200 crore after it raided a Pune-based business group engaged in the manufacturing of heavy machinery like excavators and cranes, the Central Board of Direct Taxes (CBDT) said today
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SMIC Says Vice-Chairman Chiang Shang-Yi Has Resigned Months After Chairman’s Exit
Semiconductor Manufacturing International Corporation (SMIC) said its vice-chairman has resigned in a leadership reshuffle less than a year after he took the role.
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Intel CEO Lip-Bu Tan Says Company Will Spin Off Non-Core Units
Intel will spin off assets that aren’t central to its mission and create new products. The company needs to replace the engineering talent it has lost, improve its balance sheet and better attune manufacturing processes to meet the needs of potential customers, Tan said.
-
Intel's Interim Co-CEO David Zinsner Says New Chief Executive Will Have Foundry Experience
Intel's interim co-CEO David Zinsner said that the company's next chief executive officer will have manufacturing expertise as well as experience in the product side of the chipmaking business. The firm has reportedly started evaluating a handful of outsiders including former board member Lip-Bu Tan to take the reins of the struggling chipmaker, a ...
-
India to Soon Start Semiconductor Manufacturing, Production: IT Secretary
Electronics and IT secretary Alkesh Kumar Sharma on Tuesday said that the production of semiconductors in the country will start very soon. He was responding to a query around plan of action of the Ministry of Electronics and IT after state-owned company Energy Efficiency Services Limited (EESL) raised the issue of shortage of electronic chip and p...
-
Henry Cavill to Star in Warhammer 40,000 Series at Amazon Prime Video: Report
Henry Cavill is reportedly attached to a Warhammer 40,000 series at Amazon Prime Video. As per Deadline, the actor has been exploring multiple opportunities, after stepping down from the role of Superman for DC Studios. Reports suggest that Amazon is in the final stages of acquiring rights to Warhammer 40,000 from board game manufacturer Games Work...
-
SEBI Bars Bombay Dyeing, Ness Wadia From Securities Market For Up To 2 Years
Securities and Exchange Board of India (Sebi) has barred 10 entities, including Bombay Dyeing & Manufacturing Company Ltd and its promoters -- Nusli N Wadia, Ness Wadia and Jehangir Wadia -- from the securities markets for up to two years.
-
Jersey Sponsor Byju's Allegedly Owes Rs 86.21 Crore To BCCI, Paytm Wants To Exit As Title Sponsor
Byju's first came on board back in 2019 when mobile manufacturer Oppo transferred the sponsorship rights to the online tutorial firm.
-
Rs 400 Crore Tax Evasion Detected After Raids On Tamil Nadu-Based Group
The Income Tax department has detected a "large-scale tax evasion" of over Rs 400 crore after recently raiding a Tamil Nadu-based group engaged in liquor manufacturing and hospitality, the Central Board of Direct Taxes (CBDT) said on Monday.
-
Apple Supplier Quanta in Shanghai Faces Chaos Due to COVID-19 Lockdown: Report
As per a report, videos posted online showed more than a hundred Quanta workers physically overwhelming security guards in hazmat suits and vaulting over factory gates to escape being trapped inside the Shanghai factory amid rumours that workers on the floor that day tested positive for COVID.
-
"Men's Uniforms Were Re-Stitched For Women's Players": Former BCCI Committee of Administrators Chairman Vinod Rai
Speaking about women's cricket in India, Mr Rai said that he had to call-up then kit manufacturers Nike to ask them to design women's jerseys separately as earlier the men's jersey's were being "cut-up and re-stitched" for the women.
-
JK Cement To Enter Paint Business; Shares Tank Over 11%
Cement manufacturer JK Cement has announced its foray into the paint business. The company's board had met on Saturday and cleared the proposal to enter the paint sector with an investment of Rs 600 crore infused over a period of five years.
-
Is Your Cup Of Tea Safe For Consumption? Tea Board Warns Against Adulteration
As per Tea Board Of India, tea leaves that get damaged during manufacturing process are often treated with various colouring agents to improve their appearance and price.
-
Government Imposes Anti-Dumping Duty on Select Chinese Goods For 5 Years
Government has imposed anti-dumping duties on five Chinese products for five years as a measure to insulate local manufacturers from cheaper imports
-
Green Panel's Directions To Pollution Board On Water Wastage By Purifiers
The National Green Tribunal (NGT) has directed the Central Pollution Control Board (CPCB) to issue directions to all RO manufacturers banning water purifiers where the level of total dissolved solids (TDS) in water is below 500 milligrams per litre.
-
Rs 200 Crore Black Income Found In Raids On Pune Business Group: Tax Body
The Income Tax Department has detected unaccounted income of over Rs 200 crore after it raided a Pune-based business group engaged in the manufacturing of heavy machinery like excavators and cranes, the Central Board of Direct Taxes (CBDT) said today
-
SMIC Says Vice-Chairman Chiang Shang-Yi Has Resigned Months After Chairman’s Exit
Semiconductor Manufacturing International Corporation (SMIC) said its vice-chairman has resigned in a leadership reshuffle less than a year after he took the role.
