Believe Appoints Henri Jamet as Managing Director
Henri Jamet has been named as the new Managing Director of Believe France by the Paris-based music company Believe. According to Believe, Jamet was referred to as “a veteran of the local industry” in France and had previously held the position of Director for “powerhouse” labels AllPoints, Morning Glory, naïve, and Animal 63. The development […]
India surpasses China to become the largest MSCI EM market
The largest MSCI EM market in the world is now India, overtaking China. According to MSCI IMI, India is now leading all emerging markets as of the end of August. China’s share of the index has decreased by 0.5 percentage points since its peak in early 2021, allowing India to overtake France as the world’s […]
Amazon Deal Would Hike Pay for Subcontracted Delivery Drivers Facing Growing Union Pressure
Facing growing union pressure, Amazon is raising the wages of its contracted delivery drivers in the US again. According to the business on Thursday, drivers employed by Amazon’s Delivery Service Partners, or DSPs, will make an average of over $22 per hour, an increase of 7% from the previous average of $20.50. The pay raise […]
WhatsApp Business Revenue Doubles in India as Meta Expands Features
Meta, the parent company of WhatsApp, has reported a significant surge in revenue from WhatsApp Business in India, with figures doubling over the past year. This growth underscores India’s pivotal role as a major market for WhatsApp, not only due to its vast user base but also because of its impressive messaging volume. Meta has […]
eQ Technologic Announces New Leadership Amid the Passing of Founder Dinesh Khaladkar
eQ Technologic, Inc., the innovators behind the eQube®-DaaS Platform, mourn the loss of their founder, president, and CEO, Dinesh Khaladkar, who passed away last month. On this poignant anniversary of the company’s founding, the board has enacted the succession plan laid out by Khaladkar, appointing Kunal Khaladkar as the new president and CEO. Dinesh Khaladkar […]
India’s Semiconductor Future in Focus at SEMICON India 2024
The SEMICON India 2024 Summit has kicked off today at the India Expo Mart in Greater Noida, with a significant emphasis on India’s ambitions to become a global leader in semiconductor manufacturing. The event, running from September 11 to 13, is centered around the theme “Shaping the Semiconductor Future” and aims to highlight India’s strategic […]
Tata Electronics Partners with ASMPT Singapore to Enhance Semiconductor Assembly Capabilities
Tata Electronics has announced a strategic collaboration with ASMPT Singapore to bolster its semiconductor assembly capabilities. This partnership marks a pivotal move in advancing Tata Electronics’ chip packaging operations, with the aim of establishing cutting-edge semiconductor assembly equipment infrastructure at its facilities in Vemagal, Karnataka, and Jagiroad, Assam. The Memorandum of Understanding (MOU), signed on […]
Boeing Proposes 25% Pay Increase to Avert Potential Strike
Boeing is offering its employees a significant pay increase in an effort to prevent a potential strike that could disrupt the company’s operations. The proposed contract includes a 25% salary bump spread over four years, aiming to address worker concerns and avoid industrial action that could halt assembly lines as early as this Friday. Union […]
United Airlines CEO Expresses Optimism About Boeing’s Future Following Meeting with New Chief
After meeting with Robert “Kelly” Ortberg, the recently appointed CEO of Boeing, United Airlines CEO Scott Kirby expressed fresh hope about the company’s future. Kirby, who has been outspoken about his frustrations with Boeing over continuous problems affecting aircraft delivery, has taken a noticeable turn in attitude with this statement. In a LinkedIn post, Kirby […]
BMW Recalls Over 140,000 Mini Cooper SE Vehicles Due to Battery Issues
German automaker BMW is recalling more than 140,000 Mini Cooper SE electric vehicles globally due to a battery system defect that poses a potential fire risk. The recall affects around 39,000 vehicles in Germany alone. The company has identified a problem in the battery system that could lead to overheating, increasing the risk of a […]