On Thursday, Swedish telecom equipment maker Ericsson said that it had divested a customer support operation in Russia.
In a statement, the company said that the new owners of the business, that has some 40 employees, come from the management of Ericsson’s Russian subsidiary.
Ericsson has earlier announced it had decided to shut down its Russian businesses that used to employ 400 people.
Every time a company announces a new semiconductor factory, the headline almost always includes a staggering price tag. $10 billion. $20 billion. $50 billion. Some projects now stretch...
Read more
The insolvency proceedings surrounding BYJU's parent company Think & Learn Private Limited have taken an unexpected digital dimension. The Resolution Professional overseeing BYJU's Corporate Insolvency Resolution Process has...
Read more
India's startup funding landscape lost momentum in the fourth week of July, with fewer deals and a sharper concentration of capital in a handful of large investments. While...
Read more
