The logo of Samsung is seen on a building

Samsung posts over 5% operating profit in Q2 2018

Operating profit came down to 14.8 trillion won (South Korean currency), sales came to 58 trillion won, down 4.92 percent. The company hopes to improve next quarter with the launch of the Note 9, better demand for chips and display. Jul 6, 2018
kumaraswamy

Karnataka budget 2018: CM Kumaraswamy likely to announce loan waiver package

The new Karnataka budget will focus on farm loan waivers, which has been an important part of the JD(S) campaign. The proposed write-off will be in addition to a similar waiver the previous Congress government declared in June for over 22-lakh farmers who borrowed crop loans up to Rs 50,000 each from the cooperative banks. Jul 5, 2018
HTC announces layoffs

HTC to lay off 1,500 employees in Taiwan

After the cuts, the company's employee headcount will be less than 5,000 people globally. In 2013, HTC had employed 19,000 people to help in its booming operation. Jul 4, 2018