Make 5G a top priority, says Mukesh Ambani

Reliance Industries chairman and managing director Mukesh Ambani on Wednesday pitched for making roll-out of 5G services a national priority, and called for policy measures to ensure affordability of devices along with telecom services. “Indians have embraced technology with unbridled optimism. During COVID, when the chips were down, it was the chipsets that kept us going. When COVID-induced lockdowns rocked […]

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Saint-Gobain To Acquire GCP Applied Technologies In $2.3 Bln Cash Deal – Quick Facts

French building materials firm Saint-Gobain (CODGF.PK) Monday said it has entered into a definitive agreement to acquire GCP Applied Technologies, a specialty construction chemicals company, for $32.00 per share in cash. The transaction is valued at approximately $2.3 billion or about 2.0 billion euros. The Boards of Directors of both companies have unanimously approved the deal. Closing of the transaction […]

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Star Health IPO subscribed 0.12 times

The first bid would net Rs.478 crore for 53 lakh bids, said the officials in a regulatory filing. The Initial public offering of Rs.7,247 crore Star Health and Allied Insurance Co. Ltd, was subscribed 0.12 times on the upper band of Rs.900 on day one from non institutional investors and retail investors. The first bid would net Rs.478 crore for […]

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Contours of consulting changed with COVID: IBM

‘For long, the focus was on short-term value extraction’ In the context of Big Blue’s recent rebranding of its global professional services business, Global Business Services, as IBM Consulting, Kamal Singhani, Country Managing Partner, IBM Consulting, India/South Asia said the consulting industry was witnessing unprecedented demand as clients were increasingly looking for a trusted partner to help them navigate to […]

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Hackers target SolarWinds in spying campaign

Fox Business Flash top headlines for November 5 Check out what’s clicking on FoxBusiness.com. On an earnings call two months ago, SolarWinds Chief Executive Kevin Thompson touted how far the company had gone during his 11 years at the helm. There was not a database or an IT deployment model out there to which his Austin, Texas-based company did not provide […]

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Climate chaos as Russia, China dodge calls to reduce coal, carbon emissions

Harold Hamm on climate summit: US apologizing to the rest of the world is ‘inappropriate’ Continental Resources Executive Chairman and founder discusses the Biden administration’s impact on the oil industry, natural gas demand, Russia and China’s absence at the climate summit and Election Day. As global leaders flew into Scotland on a parade of private jets from around the world […]

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As gas prices surge, Big Oil climate change hearing tone-deaf

Oil CEOs testify on climate change Oil company CEOs are testifying Thursday in front of the House Oversight Committee on past comments about global warming. The CEOs of Exxon Mobil, Shell Oil, Chevron and BP are getting an earful from House Democrats on climate change, yet Americans are paying the most for fuel in at least seven years, threatening U.S. economic […]

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