Corporate

Seoul: LG Electronics can improve its corporate value by restructuring its money-losing mobile business, analysts here said on Saturday, as the South Korean tech giant can better focus on its future growth engines for the post-pandemic era.LG Electronics on Wednesday announced that its mobile communications (MC) unit is open to "every possibility" for its future operations amid rumors that the company may sell the struggling mobile business."We think LG's announcement means they are going to either shut down or sell, or at least scale back on its mobile business," Cho Chul-hee, an analyst at Korea Investment & Securities, said.Analysts said LG's decision to restructure its mobile business is a positive development for shareholders, considering that the move will boost the company's profitability and eventually its value.LG's mobile business has been in the red since the second quarter of 2015. Its accumulated operating loss reached nearly $4.5 billion last year, reports Yonhap news … [Read more...] about LG can boost its corporate value by restructuring mobile biz

More environmental sensors in Webex devices Cisco has pioneered the use of sensors providing important environmental datapoints to users, IT, and employee experience experts to ensure a safe and comfortable workplace. Previously, Cisco announced sensors that detect ambient noise levels and count the number of people in a space. These existing sensors – and the data they collect – become more important now as they can identify underutilised or overcrowded spaces. … [Read more...] about New Cisco Webex Innovations bring practical benefits to companies and employees

To cater to the transport needs of the travelling public during Sankranti festival, the Andhra Pradesh State Road Transport Corporation (APSRTC) operated 5,684 special buses covering a distance of 33.14 lakh kilometres with 84 % occupancy ratio (OR), which brought a revenue of ₹1317.28 lakh to the public sector giant. … [Read more...] about Sankranthi brings additional revenue to RTC coffers

In order to ensure the highest quality of meetings with seamless connection, Cisco Vietnam in collaboration with Ademax is proud to be the providers supporting the deployment of video conferencing infrastructure with Cisco’s state-of-the-art collaborative technology, Webex, which will ensure safety and security for 200 locations and up to 1,000 conference participants. Simultaneously, its live streaming system will enable thousands to watch at the same time. It is expected that more than 60 countries and territories will connect to the Cisco Webex video conferencing infrastructure to attend the event and deliver speeches during the three-day conference. … [Read more...] about Cisco Vietnam and Ademax powering ITU Digital World 2020

HYDERABAD: Due to the enlisting of non-agricultural properties in the Dharani portal, over 3.5 lakh mutation applications have been cleared within 40 days. Among these applications, several were pending since years. Greater Hyderabad Municipal Corporation (GHMC) officials, and in some cases, applicants did not show interest in transferring ownership rights on GHMC records after registration of the property in sub-registrar’s office. The applications were cleared in December 2020 and January. “Though I paid the mutation fee while registering a flat on my name four years ago, the previous owners’ name was being reflected in GHMC records. In January my name was finally reflecting in the records,” said G Sankeerth a resident of Banjara Hills. In fact, he approached civic officials this month to avoid confusion when his property details were being entered into the Dharani portal.Sources suggested that there was a lot of confusion as mutation applications were not … [Read more...] about Dharani portal: Over 3.5 lakh mutation applications cleared in 40 days

Corporation Deputy Commissioner (Works) Meghanath Reddy said a coordination meeting had been held with CMWSSB officials. The civic body would start relaying roads in these areas only after the water board submits the list of roads where water connection works had been completed. … [Read more...] about ECR residents ask Corpn. to put off roadworks