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Samsung names new chief for its semiconductor business

Seoul, May 21 (IANS) Samsung Electronics announced on Tuesday it has appointed Jun Young-hyun as the new head of its semiconductor business in an apparent move to strengthen its market competitiveness.Kyung Kye-hyun, who previously led the key unit of the world's largest memory chip maker, will transition to the future business planning unit,…
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Oil India posts 17 pc jump in Q4 net profit

New Delhi, May 20 (IANS) Oil India Limited (OIL) has reported a 17 per cent increase in consolidated net profit at Rs 2332.94 crore in the Jan-March quarter of the financial year 2023-24 compared to the corresponding figure of Rs 1,979.74…