European tech industry loses $400 billion market value, report saysThe combined value of public and private tech firms in Europe fell to $2.7 trillion, down from $3.1 trillion in late 2021. High interest ra...
07 Dec, 2022, 04.49 PM IST
Swedish self-driving truck start-up Einride raises more cashEinride said it had agreed to raise capital of $500 million from debt, equity and the conversion of earlier loans, speeding up the company'...
07 Dec, 2022, 04.46 PM IST
Payments firm Stripe cuts internal valuation by 28% - WSJPayments firm Stripe told employees in an email that its internal share price was about $29, compared with $40 in the previous internal val...
14 Jul, 2022, 11.21 PM IST
Ericsson investors threatening to sue company's CEO Borje Ekholm over suspected ISIS paymentsMoney was paid for transit lines in Iraq in areas controlled by extremist groups such as ISIS, according to Borje Ekholm, but Ericsson coul...
28 Mar, 2022, 10.02 PM IST
Freshworks’ share price surges 21% over IPO, market cap at $12.2 billionFreshworks had priced its initial public offering (IPO) above the top end of the range to raise $1.03 billion. It had earlier raised its pr...
22 Sep, 2021, 11.35 PM IST
Klarna funding round makes it Europe's most valuable startup at $31 billionThe new round, which was oversubscribed four times and will make the "buy now pay later" firm the most valuable European startup
02 Mar, 2021, 07.20 AM IST
Reliance Communications says deposited Rs 131 crore towards part payment to EricssonOn Monday, RCom said it had deposited a "partial payment of Rs 131 crore to Ericsson with the SC registry from the operational funds availa...
07 Jan, 2019, 03.58 PM IST
RCom accuses Ericsson of ‘distorting’ facts with contempt petitionIn its statement, the telecom operator, which is struggling to repay some Rs 46,000 crore of debt, said the Swedish company’s conduct “grav...
07 Jan, 2019, 08.07 AM IST
Ericsson seeks jail for RCom Chairman Anil Ambani unless dues clearedThe Swedish firm said Ambani should not be allowed to travel overseas and sought his detention in civil prison.
04 Jan, 2019, 11.21 AM IST
Supreme Court dismisses RCom's plea for more time to pay Ericsson duesIf payment is not made within the scheduled date , the contempt petition and insolvency order will be listed when court reopens in January ...
14 Dec, 2018, 06.58 AM IST
Ericsson targets RCom in SC hearing; Telco seeks 10 more days to settle duesEricsson has been pushing for an immediate payment of Rs 550 crore by Reliance Communications, which did not keep the September 30 deadline.
04 Oct, 2018, 11.49 PM IST
Polaris Financial Technology wins contract from Swedish Central BankBank users will benefit from more efficient use of collateral assets and Riksbank will gain real-time control and greater flexibility.
05 Jun, 2014, 05.02 PM IST
iGate bags $35 million deal from Sweden's LansforsakringarIT firm iGate today said it has bagged a five-year contract with Lansforsakringar Alliance in Sweden worth USD 35 million.
26 Feb, 2014, 06.13 PM IST
- First world war in cyberspace over WikiLeaks
The world is witnessing the first cyber war on this scale after the arrest of Julian Assange and loss of WikiLeaks ' major sources of reven...
10 Dec, 2010, 10.37 AM IST
- Bharti under lens for non-payment of tax
The I-T Department has slapped a demand of Rs 50 crore on leading private telecom company Bharti Airtel for non-payment of taxes on interes...
22 Feb, 2009, 02.34 PM IST
- Ericsson accepts BSNL's GSM tender
BSNL's plans to expand mobile network are finally ready for take off with Ericsson on Thursday accepting the GSM equipment contract and sub...
02 Aug, 2007, 10.26 PM IST
- Quattrocchi detained at Argentina airport
Quattrocchi is an Italian businessman accused of involvement in the Rs 6.4 million Bofors Scandal.
23 Feb, 2007, 08.40 PM IST