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FOUNDRY EXIT
World’s hottest market has Korea bulls reaching for protectionSouth Korean stocks are seeing a shift from optimism to caution as investors trim positions and add protection. While chip giants Samsung E...- World’s hottest market has Korea bulls reaching for protectionSouth Korean stocks are seeing a shift from optimism to caution as investors trim positions and add protection. While chip giants Samsung E...
- India may cheer an Iran deal, but peace in Hormuz won’t refill its emptying economic tankThe economic horizon of India is clouded by a dual predicament characterized by a lack of financial resources and innovative ideas. While r...
- ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
- M&M exits foundry business in Turkey, sells stake to Hisarlar-led consortiumMahindra & Mahindra has announced the divestiture of its interest in Erkunt Foundry, handing over control to a consortium spearheaded by Hi...
- This smallcap penny stock is locked in 20% upper circuit on Birla Group’s exit. Do you own?Kesoram Industries surged 20% after Frontier Warehousing acquired a 42.8% controlling stake through a block deal, marking the Birla family’...
- Birlas exit Kesoram IndustriesKesoram Industries is seeing a change in ownership. Frontier Warehousing Limited is acquiring a controlling stake. This marks the exit of t...
- Mukul Agrawal hikes stake in Monolithisch after 200% rally, exits another stock in portfolio shuffleAce investor Mukul Agrawal boosted his Monolithisch India holding from 2.30% to 2.76%, following a near 200% post-IPO rally, while exiting ...
- Intel slumps as potential foundry exit deepens investor gloomLip-Bu Tan said on Thursday he would further shrink Intel's workforce, halt work on two plants in Europe and slow another in Ohio, binning ...
- TSMC pitched Intel foundry JV to Nvidia, AMD and BroadcomUnder the proposal, the Taiwanese chipmaking giant would run the operations of Intel's foundry division, which makes chips adapted for the ...
- Taiwan's legacy chip industry contemplates future as China eats into shareTaiwan's Powerchip Technology faces intense competition from Chinese foundries such as Nexchip in the legacy chip market, driven by Beijing...
- Intel India head Nivruti Rai resigns“Intel India country head and VP of Intel Foundry Services, Nivruti Rai, is departing Intel after 29 years with the company. We are gratefu...
- Intel exec says semiconductor opportunities moving to IndiaManufacturing constraints across certain geographies and the government’s Make-in-India initiative have helped make the country a top desti...
- Indian-origin entrepreneur Mahesh Lingareddy sells Soft Machines to Intel for $300 million“It is a cash-cum-stock deal with a cash component of over $250 million,” said one of the sources, adding that “all the professionals of So...
- SAIL to close two subsidiary companiesAnother SAIL subsidiary IISCO-Ujjain Pipe and Foundry Company Limited, Kolkata is already under liquidation.
- Suzlon unit SE Forge exits from debt restructuring planSE Forge has achieved turnaround performance in the first nine months with sales revenue growth of more than 90 per cent year-on-year
- Suzlon Energy keen to sell forging and foundry company as part of core focus“We are not in any pressure to sell it. The forging plant is in Baroda and the foundry plant is in Coimbatore,” Suzlon Chairman Tulsi Tanti...
- Dynamatic Technologies buys German auto component maker Eisenwerke ErlaDynamatic, acquired the company from Chennai-based Sanmar Group , who had bought over Eisenwerke in January 2007.
- HAL sees top-level change as senior executives retireThe country’s largest aerospace company, Hindustan Aeronautics, will be undergoing a complete overhaul of its top management over the next ...
- Wabco,TVS to part ways by divesting stakes in the two JVsThe US partner, Wabco and TVS group are set to part ways by totally divesting their balance stake in favour of each other in the two joint ...
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