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Hewlett Packard Enterprise Co. (HPE) said Monday it has agreed to acquire Silver Peak, an SD-WAN (Software-Defined Wide Area Network) provider, for about $925 million in cash. The company noted that acquisition of Silver Peak will accelerate its edge-to-cloud strategy. Silver Peak will be combined with HPE’s Aruba business unit […] ‘AGR liability casts doubt on firm continuing as going concern’ Vodafone Idea, the country’s third-largest telecom operator, reported a staggering ₹73,878 crore net loss for the fiscal ended March 2020, likely the highest ever by any Indian firm, after it provisioned for Supreme Court-mandated statutory dues. The firm, which has […] This collaboration is the first corporate access partnership for Microsoft‘s 100X100X100 programme in India A programme of Microsoft, ‘100X100X100’, is collaborating with Accenture to host the third edition of the Accenture Ventures Challenge for startups in India. To be held on August 11 in a virtual format, this year’s edition […] Import clearance delays may affect manufacturing: SIAM Even as automobile sector exports tumbled 73% in May 2020 to $230.3 million, the industry on Monday warned that inordinate delays in clearance for consignments from China may lead to a halt in the manufacture of vehicles in the country. Import consignments from […] Australian officials have said the country is unlikely to open to international travellers until next year Qantas Airways Ltd said on Thursday it is axing at least 20% of its workforce and plans to raise up to $1.30 billion of equity as part of drastic measures in response to the […] West Bengal State Beverages Corp, the authorised agency to carry out online retail of liquor trade in the state, said Amazon was among the companies found to be eligible for registration with authorities. Amazon.com Inc has secured clearance to deliver alcohol in India’s eastern state of West Bengal, according to […] Using this technology Arvind will offer shirting & suiting fabrics, readymade garments and face masks in India. Arvind Ltd, the leading textile-to-retail conglomerate has entered into technical collaboration with Swiss textile innovator HeiQ Materials AG and Taiwanese speciality major Jintex Corporation to introduce Anti-Viral “Virolock” textile technology for the first […] Adani said the price of solar modules has dropped 99% over the past 40 years. Billionaire Gautam Adani on Thursday said COVID-19 had an immediate economic impact but the pandemic presents an opportunity to design a new and faster transition to a low-carbon future as he expects the price of […] Over 95% of CIL’s production comes from its 171 open cast mines. The supply of coal to the power sector by state-owned Coal India has dropped 22 per cent to 31.95 million tonnes in April amid slump in the fuel demand in the country on account of COVID-19-induced lockdown. Coal […] Cresco Labs Inc., a multi-state cannabis operator, said it has entered into agreements with Verdant Creations, LLC that will provide it the option to purchase four additional medical marijuana dispensaries in Ohio currently operated by Verdant. Cresco will pay $375,000 in cash and $500,000 of its subordinate voting shares to […]
Hewlett Packard Enterprise To Acquire Silver Peak For $925 Mln – Quick Facts
Voda-Idea FY20 loss at ₹73,878 cr.
Microsoft, Accenture collaborate on startup challenge
Auto exports tumble 73% on lockdown, delayed orders
Qantas to cut 6,000 jobs due to virus outbreak
Amazon signals entry into alcohol delivery in West Bengal
Arvind ties up with HeiQ to introduce anti-viral fabrics, garments under “Intellifabrix” brand
Gautam Adani sees COVID-19 as opportunity for faster transition to clean energy
COVID-19: Coal supply by CIL to power sector dips 22% to 32 MT in April due to demand slump
Cresco Labs To Buy Four Medical Marijuana Dispensaries In Ohio From Verdant Creations
