Samsung Electronics CEO announces plans to step down, cites ‘unprecedented crisis’

In a shocking development, Samsung Electronics’ CEO Kwon Oh-hyun has announced that he will step down from all his current roles and responsibilities next year in March. He is currently also the CEO of Samsung Display. Kwon revealed his plans in a letter sent to company employees. “It is something I had been thinking long […]

Ryanair is hiring 125 pilots to clean up its cancellations ‘mess’ — and could force 500 existing pilots to change holiday plans

Ryanair is hiring 125 pilots to avoid additional flight cancellations and could force 500 existing pilots to change holiday plans. According to Sky News, Ryanair CEO Michael O’Leary said on Thursday that that the firm would recruit 125 pilots in the next week or two and increase pay for others. He also said the airline is […]

LG Plans Curved Phone for U.S. Market

The U.S. market will soon see one of its first curved smartphones. The South Korean company that released the latest in what some see as a new trend in the market, says U.S. availability is only a matter of time. LG’s G Flex phone, released in South Korea recently, follows Samsung’s Galaxy Round introduced in […]

Microsoft to Detail Its Windows 10 VR Headset Plans in December

US tech giant Microsoft is planning to hold two WinHEC events in December that will reveal its virtual reality (VR) headset plans for Windows 10. The Windows Hardware Engineering Community (WinHEC) is a series of technical conferences and workshops, where Microsoft elaborates on its hardware plans for Windows devices. The first event will be held […]

Lenovo Plans to Manufacture Laptops in India

Chinese electronics goods maker Lenovo Monday said it considers India as a potential centre for manufacturing laptops. “At Pondicherry plant, where we are already manufacturing desktops, has the capacity and flexibility to manufacture laptops (notebooks). The company will have to take a call when to do it,” Dinesh Nair, director, consumer business,Lenovo India said. He […]

BSE plans to hire banks for $150 million IPO

Deutsche Bank, Motilal Oswal and SBI Capital Markets will also be hired as bookrunners. Photo: Mint Mumbai: BSE Ltd, India’s second-biggest exchange, plans to hire Axis, Edelweiss, Jefferies and Nomura as joint global coordinators for a $150 million initial public offering in India, IFR reported, citing two sources close to the transaction. Deutsche Bank, Motilal […]

Pakistan Cricket Board Urges Misbah-ul-Haq to Delay His Retirement Plans

Misbah-ul-Haq in recent media interactions indicated that he will take a decision on his retirement after the Test series with England in the UAE. © AFP Karachi: Test captain Misbah-ul-Haq has been asked by the Pakistan Cricket Board (PCB) to continue in his role for next year’s tour to England and put off any retirement […]

4G Smartphones at Rs 4,000: 10 data about Reliance Jio’s huge Telecom Plans

Reliance Jio, a subsidiary of oil-to-retail conglomerate Reliance Industries, is planning a confined launch of its virtual services in December. Reliance Industries will launch its 4G LTE smartphones under the brandLYF earlier than Jio services are rolled out. complete business launch, but, is likely to happen in 2016-17. Reliance Industries, which has thus far invested […]