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LG Electronics to pay $65.2 million in dividends to shareholders

Jun 18, 2024

Seoul, June 18 (IANS) LG Electronics said on Tuesday it will pay out 90 billion won ($65.2 million) in dividends to its shareholders for the first half as part of plans to increase shareholder value.Shareholders will receive 500 won per share on June 30, according to the company in a filing.This dividend payout is part of LG Electronics' new…

Apple to shut down ‘Pay Later’ service, launching ‘installment loans’

Jun 18, 2024

San Francisco, June 18 (IANS) Apple has announced to shut down its buy now, pay later (BNPL) service called ‘Apple Pay Later’ in the US.The service, which let users take out “pay later” loans that can be paid in four payments over six…

Business

US sues Adobe for hiding fees, preventing consumers from cancelling subscriptions

Jun 18, 2024

San Francisco, June 17 (IANS) The US government on Monday sued software giant Adobe for allegedly hiding expensive fees and making it difficult to cancel a subscription.In the complaint, the Department of Justice (DoJ) claimed that for…

Business

After Air India, its caterer apologises over sharp object found in passenger’s food

Jun 18, 2024

New Delhi, June 17 (IANS) After Air India confirmed the presence of a blade-like metal in a passenger’s food on a US-bound flight from India, the TajSATS Air Catering Limited on Monday apologised for the unfortunate incident. The…

Business

Mahindra Launches its Revolutionary 6RO Paddy Walker Transplanter in Karnataka

Jun 17, 2024

Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, and the world’s largest tractor manufacture by volume

Business

BPCL Launches Star-Studded T20 World Cup Campaign with Rahul Dravid and Neeraj Chopra

Jun 17, 2024

In the pulsating world of cricket, where every shot, every delivery, and every moment is charged with excitement, BPCL is once again

Business

AIR INDIA EXPRESS SUCCESSFULLY COMPLETES IATA OPERATIONAL SAFETY AUDIT (IOSA)

Jun 17, 2024

Air India Express completed its IATA Operational Safety Audit (IOSA) by the International Air Transportation Authority (IATA), affirming its world-class safety standards.

Business

Operating profit margin for India Inc to remain steady at 15-18 pc in Q1 FY25: Report

Jun 17, 2024

New Delhi, June 17 (IANS) The operating profit margin for India Inc. is expected to remain steady at 15-18 per cent in the first quarter (April-June period) in the ongoing fiscal year (FY25), a report showed on Monday.The evolution of the…

Business

SaaS firm IBS Software appoints Somit Goyal as CEO

Jun 17, 2024

New Delhi, June 17 (IANS) Software-as-a-Service (SaaS) solutions provider IBS Software on Monday announced the appointment of Somit Goyal as its new Chief Executive Officer (CEO), effective immediately.Goyal, who earlier worked at…

Business

Apple Macs continue to grow amid workforce transformation growth in India

Jun 17, 2024

New Delhi, June 17 (IANS) Apple Macs continue to benefit from strong workforce transformation growth tailwinds in India, industry experts said on Monday, as the tech giant launched its latest campaign for Mac devices in the country.Titled…

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