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Home»Tag: shuts

Tag Archives : shuts

Technology

Knoxville’s Fountainhead College of Technology shuts down

Loknath Das 31 Oct 2018 641 Views

Fountainhead College of Technology is shutting its doors Wednesday after 71 years of educating students, according to an announcement made on the Knoxville school’s website. The closure falls as a consequence of “unfair competition with free college education being offered by the state of Tennessee,” the announcement stated. The school, previously ... Read More »

HPCL shuts Mumbai refinery unit, imports gasoline, executive says

Saheli 09 Sep 2016 427 Views

Hindustan Petroleum Corp Ltd (HPCL.NS) shut a unit at its 130,000 barrels per day (bpd) refinery in Mumbai last week due to a technical glitch, and has since been importing gasoline, the head of its refineries told Reuters on Friday. BK Namdeo said the refinery’s reformer unit was shut on ... Read More »

Ola shuts down TaxiForSure business; lays off 700 employees

Saheli 17 Aug 2016 394 Views

India’s largest taxi aggregator, Ola, has shut down itsTaxiForSure (TFS) business and has laid off 700 employees in the process, as it looks to consolidate its presence and reduce cash burn to fend off an attack from Uber.   Ola had acquired smaller rival TFS in March 2015 for $200 ... Read More »

Exclusive: Matrix Partners-backed home products marketplace Zimply shuts shop
Home Deco

Exclusive: Matrix Partners-backed home products marketplace Zimply shuts shop

Saheli 09 Jul 2016 435 Views

Matrix Partners-backed mobile marketplace for home décor and interior designing products, Zimply, has shut down its operations, a person familiar with the development told VCCircle. The website and app of the startup are also no longer accessible. The company went through multiple pivots before finally pulling the plug, the person ... Read More »

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