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22 September, 2017 5:40 AM GlobalFoundries Says No Commitment From Tesla On Chip Deal

According to a spokesperson from GlobalFoundries, Tesla has not committed to working with them on any autonomous driving technology or product and that Chief Executive Sanjay Jha was misquoted. GlobalFoundries, which fabricates chips for Advanced Micro Devices Inc, said on Thursday that Tesla had not committed to working with it on any autonomous driving 42

14 September, 2017 8:03 AM SoftBank's Vision Fund considers $500 million investment in ZhongAn IPO

The fund is likely to be a so-called cornerstone investor in ZhongAn`s up to $1.5 billion IPO. Hong Kong: SoftBank Vision Fund, the world`s largest private equity fund, is considering a $500 million investment in the Hong Kong initial public offering of ZhongAn Online Property and Casualty Insurance Co Ltd, China`s first internet-only insurer, IFR reported 38

13 September, 2017 9:00 AM Lupin's US arm recalls 12,888 bottles of ulcer drug in US

Drug firm Lupin's US arm, Lupin Pharmaceuticals Inc, is recalling 12,888 bottles of Famotidine for oral suspension used in treatment of ulcers from the American market. The reason for the recall is current Good Manufacturing Practise (CGMP) deviations, United States Food and Drug Administration (USFDA) said in its latest Enforcement Report. Lupin Pharmaceuticals 40

12 September, 2017 11:53 AM India Inc's investment overseas down 15% to $1.34 billion in August

Mumbai: India Inc's foreign direct investment (FDI) fell by about 15 per cent to USD 1.34 billion in last month, according to the Reserve Bank data. The overseas investment by Indian companies in August last year ago stood at USD 1.57 billion. The foreign investments were also down sequentially when compared with USD 1.77 billion July this year, showed 25

11 September, 2017 9:25 AM Cyient to acquire USA-based B&F Design Inc

IT major Cyient today said it has entered into a definitive agreement to acquire 100 per cent equity in the US-based B&F Design Inc for an undisclosed sum. The company said the acquisition will be carried out through its step down subsidiary Cyient Defense Services Inc. Founded by Raymond Forgione in 1965 as a family business, B&F Design initially offered 42

7 September, 2017 5:31 PM Apple's new iPhone could face supply shortfalls after launch: Report

Apple Inc's new iPhone had hit production glitches early in its manufacturing process and could lead to supply shortfalls and shipping delays following its launch next week, the Wall Street Journal reported on Thursday. The production glitches pushed the manufacturing process back by about a month, the Journal reported, citing people familiar with the matter 21

6 September, 2017 4:58 AM Amazon launches African-American movie subscription service

Amazon.com Inc on Tuesday launched Brown Sugar, the new subscription-video-on-demand service featuring what it calls the biggest collection of the "baddest" African-American movies for its prime members. Prime customers would receive a seven-day free trial to access the service at BrownSugar.com and on other devices paying $3.99 per month thereafter 21

5 September, 2017 11:51 AM HP Pro 8 Voice Calling Tablet Launched With Digital India in Mind: Price, Specifications

HP on Tuesday launched a 'Made for India' Pro 8 tablet series that would monitor subsidy distribution through Aadhaar authentication and deliver other benefits related to government schemes. The HP Pro 8 price in India starts at Rs. 19,374, and the company is also touting support for regional languages, apart from voice calling support. "These devices 23

5 September, 2017 5:09 AM IPL media rights: Winner Star TV will now have monopoly over cricket

Star walked away with all the rights and full honors, laying claim to 300 days of cricket over 5 years, at a price tag about Rs. 54.5 crore a match The CEO of the BCCI, Rahul Johri, had predicted before the IPL media auction that the rights would fetch Rs 18,000 crore. He was not far wrong. The winner, Star TV, on Monday picked up the 5-years broadcast 51

4 September, 2017 4:09 AM Craig Federighi Takes Over Siri's Reigns From Eddy Cue

Apple has transferred responsibility for Siri, its voice assistant, from content chief Eddy Cue to operating systems chief Craig Federighi, a sign that the company is looking to embed the voice assistant more deeply into its core systems amid rising competition from Alphabet Inc's Google and Amazon. Apple made the change in an update to the company's 40