Future Retail says Amazon dispute order not binding on company

Amazon on October 25 won an injunction from the arbitrator to halt Future Retail's deal to sell its retail assets to Reliance Industries for $3.4 billion

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Apple scales chip orders as iPhone 12 sales surge

Apple is planning to increase orders of chips for the LiDAR scanners owing to high demand for its iPhone 12 Pro. Vertical-cavity surface-emitting (VCSEL) chips enable power scaling for LiDAR and other sensing applications.

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ASM Technologies acquires India captive of Semcon

With the acquisition, ASM would benefit from a combined talent pool with domain expertise in diverse industry verticals, said the company in a press release.

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UPI breaches 2 billion transactions mark in October

The National Payments Corporation of India (NPCI) operated channel processed a total of 2.07 billion transactions worth Rs 3.86 lakh crore in October, data released by NPCI on Sunday showed.

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Urban Company logs strong biz growth post lockdown, confident of doubling revenue in FY21

Urban Company, formerly known as Urban Clap, provides access to home services like repairs, servicing of appliances and pest control by trained professionals through its platform. Its revenue had more than doubled to Rs 216 crore in FY20 over the previous fiscal, while the net booking value of all transactions through the Urban Company platform grew 138 per cent year-on-year to Rs 918 crore in FY20.

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ASM Technologies acquires India offshore delivery centre of Semcon

“ASM will build both scale and competence, relevant to the automotive industry as it transitions to new propulsion systems and ever-increasing levels of driver assistance and autonomy,” said the company.

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Yuvraj Singh plans investment in tech startups in health, sports, food sectors

Singh, through his firm YouWeCan (YWC) Ventures, has invested in some of the startups which include Healthians, Holosuit, JetSetGo, EasyDiner, Wellversed etc.

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