By Rafaela Lindeberg and Kati Pohjanpalo Ericsson AB, one of the world’s biggest providers of 5G networking equipment, said it will cut 1,200 jobs in Sweden, reducing costs as it faces lower sales from mobile providers. The company also plans to cut costs separately by eliminating facilities and the use of… Continue reading Ericsson to slash 1,200 Swedish jobs in bid to cut costs amid lower sales | World News
Tag: bid
Army foils infiltration bid in J-K’s Poonch, guns down one terrorist
Jammu-based defence PRO Lt Col Suneel Bartwal said an army ambush party established contact with terrorists in Garhi battalion area around 2 am | Photo: ANI Twitter A terrorist was gunned down in a gunfight as Army troops guarding the Line of Control (LoC) on Monday scuttled an infiltration attempt from across the border… Continue reading Army foils infiltration bid in J-K’s Poonch, guns down one terrorist
Infiltration bid foiled along LoC in J&K’s Kupwara, 1 terrorist killed
The Army on Sunday foiled an infiltration bid along the Line of Control in Jammu and Kashmir’s Kupwara district, killing one terrorist, police said. According to a police spokesperson, a joint cordon and search operation was launched by the police and Army in the Dakhen-Amrohi area of Tangdhar Sector in Kupwara based on… Continue reading Infiltration bid foiled along LoC in J&K’s Kupwara, 1 terrorist killed
Terrorist gunned down as Army foils infiltration bid in J-K’s Kupwara
One terrorist was killed in a joint operation conducted by Indian Army and Kupwara police in Tangdhar Sector on Sunday, Kashmir Zone Police said. Police said that a terrorist was killed in an encounter while trying to infiltrate across the Line of Control in the Amrohi area of Tangdhar Sector. In this… Continue reading Terrorist gunned down as Army foils infiltration bid in J-K’s Kupwara
Tata Steel to bid for iron ore mines ahead of expiry of leases in 2030
Premium T V Narendran, managing director and chief executive officer, Tata Steel Tata Steel has built an iron ore chest of nearly 600 million tonnes (mt) and will look out for more as it prepares for life beyond 2030 when its legacy captive mines come up for auction. The lease for four of… Continue reading Tata Steel to bid for iron ore mines ahead of expiry of leases in 2030
India, UK launch health care alliance in a bid boost bilateral ties
United Kingdom’s top National Health Service (NHS) delegation visited India on Friday to launch the India-UK healthcare alliance. The initiative is aimed at promoting excellence in the healthcare sector, providing a platform for healthcare institutions in two countries and creating synergetic partnerships aimed at improving health outcomes. A high-powered delegation from the UK’s… Continue reading India, UK launch health care alliance in a bid boost bilateral ties
Nirma emerges as frontrunner for Glenmark’s API arm as bid deadline ends
Detergent chemical major, Nirma Group, is leading the race to acquire Glenmark Life Sciences (GLS), according to a report by The Economic Times (ET). Glenmark Pharmaceuticals Ltd owns an 82.8 per cent stake in GLS, which is a leading active pharmaceutical ingredient (API) platform. ET quoted sources as saying that the conglomerate emerged… Continue reading Nirma emerges as frontrunner for Glenmark’s API arm as bid deadline ends