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Pranali Mehta boasts of over three years of experience as a content writer. Having completed her graduation in chemical engineering, she worked as safety & environment associate in a chemical company for a year. Harnessing her passion for writing however, Pranali decided to pursue content development as a full-time career and has written several diverse articles. Her other interests include reading, binge-watching movies & web series, gardening and home décor.
South Korean battery manufacturers SK Innovation Co. and LG Energy Solution have reached an agreement in a U.S. trade dispute. This has allowed the two companies to steer away from a potential setback for the country’s EV ambitions by sparring...
Read More >>American live video streaming service Twitch has announced to have expanded its hate & harassment policy beyond its platform in an effort to make it relatively safer. This time the rules cover activities outside the platform such as membership i...
Read More >>At its recent virtual “How Wonderful Gets Done 2021” launch program, U.S. chipmaker Intel Corp. launched its 3rd Gen Intel Xeon Scalable processors that will be dedicated towards edge computing, networking, cloud, and high-performance com...
Read More >>Gatik, a Silicon Valley-based self-driving startup, has entered a joint venture agreement with Isuzu North America Corp. to develop autonomous delivery trucks. These vehicles will be utilized by Gatik to serve its retail customers, cited sources with...
Read More >>According to reliable sources, flag carrier Air Canada has abandoned its agreement to acquire Montreal-based tour operator Transat A.T. Inc. It appears that the acquisition plans were terminated after Air Canada failed to secure approval from the EC ...
Read More >>Tesla Inc. reportedly sold over 184,800 electric vehicles in the first quarter despite the global crisis of semiconductor chip shortage that has affected the automotive industry on a large scale. In the first quarter of 2021, Tesla delivered 182,780...
Read More >>The purchase will help Madison Gas and Electric reduce its emission levels by 65% by 2030, further contributing to the firm’s ‘net-zero carbon by 2050’ goal U.S.-based Madison Gas and Electric (MGE) along with Wisconsin Public Serv...
Read More >>Germany-based leading software company TeamViewer has reportedly signed a joint venture agreement with the highly popular Mercedes-AMG Petronas Formula One Team as well as with Mercedes-EQ Formula E Team. According to reliable sources, the partnersh...
Read More >>Swiss automation and technology firm giant ABB Ltd. has announced to have entered a partnership with Amazon Web Services (AWS), to develop a cloud-based electric vehicle fleet management platform, which it expects will accelerate fleet electrificatio...
Read More >>Sequoia Capital India, the renowned private equity firm, has reportedly secured USD 195 million during its second seed funding round as a part of its Surge program. Notably, the Surge program is Sequoia’s initiative which backs early-stage sta...
Read More >>The collaboration aims at reducing waste by 90%, ensuring the parts do not end up in landfills and are re-used London-based Technology Minerals has recently announced that its subsidiary, Recyclus Group, has inked a deal with a prominent UK lead-ac...
Read More >>American commercial real estate firm WeWork has reported a loss of USD 3.2 billion in the year 2020. The company presented its revenue report to potential investors to secure around USD 1 billion investment as well as a stock market listing. WeWork&...
Read More >>Florida-based multinational fast-food chain Burger King has reportedly announced that it will start selling Impossible Foods’ vegan meat burgers in its Canadian outlets. Selected Burger King restaurants in Ontario will start serving the Impossi...
Read More >>Shares of prominent Japanese automakers such as Toyota Motors Corp., Honda Motor Co., and Nissan Motor Co. witnessed a critical decline following the unexpected fire outbreak at one of Renesas Electronics Corporation’s semiconductor manufacturi...
Read More >>United States’ largest cryptocurrency exchange, Coinbase Global, Inc., recently announced that recent private market transactions pushed the company’s valuation to about USD 68 billion this year ahead of planned listing. San Francisco-ba...
Read More >>German audio company- Sennheiser has reportedly introduced IE 300, its in-ear headphones that is equipped with the company’s 7mm Extra Wide Band transducer in India. The latest gadget is designed to provide a balanced sound signature and superi...
Read More >>German multinational automotive giant Volkswagen AG is reportedly planning to establish around half a dozen battery cell plants in Europe as well as expand its electric charging infrastructure across the globe. The move is likely to help Volkswagen t...
Read More >>Whale, a Belgium-based information and training platform for small and medium-sized enterprises (SMEs), has raised reportedly secured €1 million (around USD 1.1 million) in funding from Peak Capital, Volta Ventures, and the founders. This new fu...
Read More >>India’s managed-accommodation services provider Stanza Living is reportedly in the final stages of securing Series D funding worth USD 120 million. The apparent funding round is currently led by an Abu Dhabi-based investor, with the deal likely...
Read More >>Epic Games, developer of the popular online game ‘Fortnite’, has recently filed a new antitrust lawsuit against Google in Australia’s federal court. Reportedly, the video game developer alleged the American tech giant of ‘anti...
Read More >>In a bid to reduce the greenhouse gas emission levels, Canadian multinational e-commerce giant- Shopify has reportedly announced that it has become the first company to purchase contract carbon removal units from Carbon Engineering- a Canada-based di...
Read More >>The largest hotel chain in the world Marriott International Inc. has reportedly introduced a new suite of rooms and locations to cater to the growing trend of opting for longer vacations amidst the Coronavirus pandemic. Under its ‘longer stay ...
Read More >>Airspan Networks, an American telecommunications company is partnering with New Beginnings Acquisition Corp., a special-purpose acquisitions company (SPAC) to facilitate the development of its 5G infrastructure across the globe. The newly formed com...
Read More >>Hyundai Motor Company, a multinational automotive manufacturer, is reportedly collaborating with MegazoneCloud, a South Korean cloud management service provider, to introduce a media service platform called ‘Channel Hyundai’ to deliver a ...
Read More >>According to reliable sources, the follow-up to Nintendo’s wildly successful handheld gaming console, Nintendo Switch, is expected to launch in 2021 post a three-year wait after the original device was released back in 2017. The Nintendo Switc...
Read More >>Cargill- a leading American food corporation has reportedly launched the SeaFurther Sustainability initiative in a bid to help aqua farmers to increase the amount of sustainable seafood that renders less environmental impact. Notably, the initiative...
Read More >>VROMO, a dedicated software provider for restaurant food delivery services has reportedly partnered with U.S.-based leading food ordering platform Olo as well as Square Inc., a merchant service aggregator, financial services and digital payments comp...
Read More >>American multinational energy conglomerate Chevron Corporation has announced to have made significant investments in Baseload Capital AB, a Swedish private investment company that specializes in producing geothermal energy. Sources with relevant inf...
Read More >>Asia’s leading corporate solutions provider Acclime has recently announced to have acquired CoSec Corporate Services, a company which specializes in assisting foreign clients enter and operate in Australia. Sources close to the matter stateda ...
Read More >>According to credible sources, Twitter has recently started to append a warning label to some tweets about materials ‘obtained through hacking’. This label is popping up on some news stories that Twitter believes have some form of associa...
Read More >>Ireland-based Kaseya has reportedly announced the acquisition of security platform RocketCyber to boost its IT Complete Security Suite. Notably, the acquisition of RocketCyber that has built a cloud-agent security operations center which does not req...
Read More >>Reportedly, Taiwan’s economy, praised for its effective handling of the Covid-19 pandemic which has swarmed most of the world, is set to grow at its fastest pace in seven years in 2021 as global demand for technology products surges. Sources c...
Read More >>Indian multinational technology, engineering, construction, manufacturing, and financial services conglomerate Larsen & Toubro, reportedly, on Monday, stated that its power transmission and distribution business has snagged large contracts domest...
Read More >>Nassef Sawiris currently holds a considerable portion of Signature Aviation shares. Rival bidders Blackstone and GIP had teamed up and increased their takeover bid to around USD 5.62-per-share. Nassef Sawiris, an Egyptian magnate is reportedly p...
Read More >>Following the proliferating sales of Chromebooks for remote meetings and schools in 2020, American multinational technology giant Google LLC has announced its plans of adding a built-in screen recorder to its Chrome OS in March this year. The compan...
Read More >>Global Air Freight solutions provider- Rhenus Air & Ocean is strengthening its position across Germany through the planned takeover of the forwarding business of logistics firm BLG International Forwarding GmbH & Co. KG. For the record, thro...
Read More >>AstraZeneca COVID-19 vaccine has received approval in over 50 countries. AstraZeneca vaccine is the second to be issued by the UN health agency, with Pfizer-BioNTech being the first. Shares of AstraZeneca plc soared by 6% after the World Health...
Read More >>Legacy consumer companies have been showing a growing interest in healthcare brands since the COVID-19 outbreak in 2020. One such company, Wipro Consumer Care and Lighting has announced that its venture capital arm, Wipro Consumer Care Ventures, has ...
Read More >>Indian digital lending company KreditBee has reportedly secured USD 75 million funds through a Series C funding round which was led by PremjiInvest and South Korea-based Mirae Asset Financial Group. The equity round also involved the participation o...
Read More >>The fintech company has moved closer to the unicorn status. BharatPe intends to secure an additional USD 100 million in the upcoming months. Indian fintech startup BharatPe has reportedly secured USD 108 million through a Series D funding ...
Read More >>The platform has already started delivering results, producing media plans that are 30% more effective for clients Artificial Intelligence (AI) is steadily gaining grip in almost all business sectors. From manufacturing to healthcare, AI is helping ...
Read More >>American multinational technology giant Apple Inc. has reportedly been warned by European Union’s antitrust chief Margrethe Vestager to give equal treatment to all apps on its platform. The recent development comes before Apple’s imminen...
Read More >>Following the severe monetary repercussions amidst the COVID-19 pandemic and the subsequent lockdowns, premier hospitality brand Marriott International is reportedly revisiting its media strategy by partnering with Verizon Media, a subsidiary of Veri...
Read More >>South Korean automotive giant Hyundai Motors Co. reportedly, on Monday, said that talks for a deal with Apple Inc. on autonomous electric cars have fallen off, a month after its early-stage talks with the tech giant, wiping USD 2.4 billion of its mar...
Read More >>American multinational technology company Amazon.com Inc. is reportedly planning to integrate AI-based video cameras in its branded delivery vans. This will allow the e-commerce retailer to improve the safety of the driver as well as the communities ...
Read More >>Austin-based fintech startup, Routefusion has successfully bagged a $3.6 million seed fund led by venture capital firm Silverton Partners along with other participants such as NextWorld Capital, Initialized Capital and Plaid ...
Read More >>Reportedly, Spotify had initially launched its first K-pop playlist back in 2014, offering the genre worldwide recognition and helping lay the foundation for ushering an era of superstars such as BTS and BLACKPINK. The Swedish-based streaming company...
Read More >>England-based video game and entertainment company Sumo Group, which has developed games for big names such as Sega, Sony, and Microsoft, is reportedly acquiring Poland-based PixelAnt Games for an initial cash consideration of about USD 3,42,375 (&po...
Read More >>Singapore-based multinational ride-hailing company Grab Holdings Inc. has reportedly secured USD 2 billion from its recently conducted loan funding. Touted as the highest institutional debt in Asia’s technology sector, the company intends to us...
Read More >>Indian grooming startup Bombay Shaving Co. has reportedly secured USD 6.1 million in a funding round led by British multinational consumer goods giant Reckitt Benckiser. The news comes after the intensifying competition in new age consumer brands sec...
Read More >>California-based battery materials firm- Sila Nanotechnologies has raised USD 50 million in fresh funds, pushing its valuation to USD 3.3 billion. Reportedly, the Series F funding round was headed by Coatue and saw the participation of T. Rowe Price...
Read More >>Clubhouse, Silicon Valley's audio-based social media platform, has reportedly raised an undisclosed capital in a Series B funding round which was led by Andreessen Horowitz, an American venture capital company. Sources with knowledge of the matt...
Read More >>Taiwanese multinational electronics contract manufacturer Foxconn Technology Group has reportedly received a license from the Vietnamese Government to develop a USD 270 million manufacturing plant to produce tablets and laptops. The news comes amidst...
Read More >>German online luxury retailer Mytheresa has reportedly secured USD 406.8 million during its initial public offering (IPO) in the United States. The company has now reached a valuation of USD 2.2 billion following the successful IPO. Sources confirme...
Read More >>In a bid to accelerate Poland’s efforts to move to green energy, the European Bank for Reconstruction and Development (EBRD) has reportedly initiated the construction of two new wind farms across the region. In a statement by the bank, the EBR...
Read More >>Reportedly, Turkey’s cosmopolitan capital Ankara has enforced a ban on advertisements on social media platforms such as Twitter, Periscope, and Pinterest after failing to appoint a local representative as per the country’s new social medi...
Read More >>One of the largest oil company Total SE has been making significant headlines after announcing its ambition of reaching net-zero carbon by the year 2050. As a part of this effort, the French multinational integrated oil conglomerate has reportedly ac...
Read More >>In a long-awaited announcement, Italian-America multinational automaker Fiat Chrysler Automobiles N.V. and French multinational automotive & motorcycle manufacturer Groupe PSA, have reportedly combined to develop a new automotive giant called Ste...
Read More >>American fast-food company, McDonald’s Corporation, reportedly intends to remove all poly-fluoroalkyl substances (PFAS) in its food packaging processes by 2025. The announcement comes after a study conducted by environmental advocacy groups whi...
Read More >>American multinational retail corporation Walmart Inc. has reportedly partnered with Ribbit Capital, a global venture capital firm, to launch a new fintech startup to introduce reasonably priced financial products for its clients and employees. The ...
Read More >>Following high concerns over WhatsApp’s recent change in the privacy policy, another cross-platform encrypted messaging service Signal is reportedly on track to surpass 1 million downloads. Around 810,000 users across the globe have installed S...
Read More >>Keep, a Chinese fitness app developed and launched by Beijing Calories Technology Co. Ltd., has reportedly added USD 360 million to its kitty in its Series F round which was led by SoftBank Group Corp. Sources present at the event cited that Beijing...
Read More >>American leading software solutions provider NCR Corporation has reportedly acquired Freshop, one of the prominent companies in grocery e-commerce. Sources with relevant information stated that NCR will be able to help grocers capitalize on the growi...
Read More >>The acquisition would expand the geographic reach and capabilities of Cox Automotive’s Pivet fleet optimization and services marketspace. Dickinson’s expert mobile repair services is anticipated to be a foundation stone for Pivet&rsqu...
Read More >>One of ShareChat’s key investors is the American microblogging platform Twitter. ShareChat’s upcoming Series E funding round is slated to be larger than USD 200 million. Bangalore-based social media platform ShareChat is in talks of ...
Read More >>Mirae Asset Financial Group, a South Korean financial services company, is reportedly setting up an early stage-focused fund for startups in India. The funds will operate independently, and the decision making will be led by an Indian team, cited sou...
Read More >>The consumption of alcoholic beers is on a rise, but people have realized the adverse effects it has been causing to their health, prompting them to shift their interests toward non-alcoholic beer consumption. In fact, the count of people opting for ...
Read More >>The entire transaction was conducted on a USD 11.7 million cash and debt free basis. The acquisition could provide the two companies considerable cross selling opportunities. Sweden-based hydraulics technology company Concentric AB has reportedl...
Read More >>The company spent around USD 182.95 million in 2019 and USD 229.34 million in 2020. Amazon’s employee benefits expenses rose from USD 16.07 million to USD 18.7 million. In a recent turn of events, Amazon Seller Services, the Indian online ...
Read More >>India’s largest software exporter firm- Wipro- has recently announced taking over the IT units of German wholesaler Metro AG for a transaction deal of $1 billion for a span of nine years. It has been reported that Wipro would take control of Me...
Read More >>Globally, the concept of ‘plant-based’ protein has gained considerable recognition. In this regard, Indian foodservice company, Jubilant FoodWorks announced that its master franchise Domino’s India have introduced – &lsqu...
Read More >>According to reliable sources, Canadian biotechnology company BetterLife Pharma Inc. has completed the acquisition of Transcend Biodynamics LLC and has obtained 100% of the latter’s assets in an all-stock transaction which was valued at USD 10 ...
Read More >>The round was led by a U.S.-headquartered venture capital firm Valar Ventures. The company is reportedly planning to use the newly secured cash to expand its services across Canada. Calgary-based fintech company Neo Financial has reportedly rais...
Read More >>In recent turn of events, the global financial services technology giant, Finserv Inc. announced its plan to acquire California based Ondot Systems Inc. Sources claim that the acquisition will enable Finserv to expand its digital capabilities by impr...
Read More >>Eat Just Inc., a firm using cutting-edge technologies to develop healthier and more sustainable foods, has reportedly announced plans to launch its meat products that are developed directly from animal cells. The company has collaborated with 1880, a...
Read More >>Apple reportedly conducted surveys regarding user experience with the FaceID. The company has two iPhones under testing that are allegedly equipped with fingerprint sensor. According to reliable sources, American multinational technology giant A...
Read More >>Roblox has filed to secure around USD 1 billion through an initial public offering. The company reportedly expects to achieve a higher IPO pricing than DoorDash and Airbnb. United States online games developer Roblox Corporation has reportedly p...
Read More >>The Government of India has reportedly acquired over 1.6 billion Covid-19 vaccine doses for its citizens from different sources. According to global analysis, the ordered doses are more than those bought by any other country. As per reports, the nat...
Read More >>Tesla’s CEO Elon Musk has reportedly moved his California-based private foundation to Texas. As per a certificate of merger filing with the Secretary of State, Texas, Musk has proceeded with the merger of his foundation with an entity in the st...
Read More >>After the approval of the Pfizer-BioNTech COVID-19 vaccine in the United Kingdom, many Indian travel agencies have reportedly started planning ‘COVID-19 vaccine tourism’ packages for Indian travelers who want to get vaccinated in London. ...
Read More >>Elon Musk, the CEO of SpaceX, has recently announced the company’s plan to launch its latest Starship rocket prototype by next week. This launch will mark its most ambitious rocket test to date. Musk confirmed that the aerospace company has co...
Read More >>The Neutrino Energy Group, a renowned global group of scientists that deal with application research and have a motive of finding alternative energy sources, continues to create new neutrino-based energy technologies that would alleviate the pressure...
Read More >>As per a new study by NYU Langone Health researchers, a new approach to perform spinal fusion surgery leads to reduced blood loss during the procedure and less intestinal blockage, or ileus, postoperatively, and lower operative times as well as hospi...
Read More >>Accenture, a professional services company, has reportedly acquired Arca, an engineering company that focuses on business services and network operations. Following the acquisition, Accenture will reinforce its role as a key partner for the design, ...
Read More >>Google, a multinational technology company, has reportedly unveiled the ‘Tree Canopy Lab’ platform. The launch of this new platform, which combines AI (artificial intelligence) and aerial imagery, is in line with the target of the policym...
Read More >>BASF Canada Agricultural Solutions has recently unveiled its modernized formulation, packaging, & distribution facility in Regina, Saskatchewan. The company has invested above $14 million in facility transformations, making it the biggest agricul...
Read More >>Autodesk, Inc. announced that it has signed a contract to take over Spacemaker for $240 million net of cash. The agreement is subject to customary closing conditions and is estimated to close in the fourth quarter of the financial year 2021 of Autode...
Read More >>The purchase orders have reportedly come from six different clients. Experts are uncertain if the company would be able to fulfill these orders. Neptune Wellness Solutions Inc., a Canada-based fully integrated and diversified health and wellness...
Read More >>MHI Vestas completed the installation of the most robust wind turbine, V164 9.5 MW, on a floating offshore wind platform. Fitted on a platform of Principle Power WindFloat at the installation dock for the floating offshore wind farm of Kincardine, it...
Read More >>Amdocs, a leading software and service provider for communications & media companies, has recently announced a multi-year strategic collaboration deal with Amazon Web Services. The deal has been entered with an objective to provide integrated, cl...
Read More >>RIGOL Technologies, an electronic test equipment manufacturer, has reportedly unveiled ‘StationMax’ at the 1st-ever virtual electronica event. StationMax is a new generation of high-performance time-domain studio. It provides test configu...
Read More >>The Airports Authority of India (AAI), recently entered into an MoU with NTPC Vidyut Vyapar Nigam (NVVN), owned exclusively by National Thermal Power Corporation (NTPC), to install solar plants at airports and subsequently adopt electric vehicles in ...
Read More >>ATIF Holdings Limited, multimedia services and business consulting provider in Asia and North America announced that through Qianhai Asia Times International Finance Services Co. Ltd., its viable interest entity, the enterprise is collaborating with ...
Read More >>Turvo, a leading developer of collaborative logistics software that is designed for international supply chains, has reportedly inked a new partnership deal with SEND, a leading transportation provider. The strategic partnership would give SEND bette...
Read More >>Leading web security solutions provider, Sectigo, has reportedly entered into a global reseller agreement with high-assurance operating systems supplier, Green Hills Software. The partnership enables Green Hills Software in the effective delivery of ...
Read More >>Creador, the Kuala Lumpur-based PE firm focused on partnering with entrepreneurs to grow businesses in South and Southeast Asia, has reportedly announced plans to monetize its investment in Ahmedabad-based pharmaceutical drug manufacturer Corona Reme...
Read More >>Companies such as Vedanta Ltd., JSW Steel Ltd., Jindal Steel and Power Ltd., Hindalco Industries Ltd., and Adani Enterprises Ltd., amongst others are set to bid in the first commercial mining coal blocks auction in India. The 19 coal blocks auction w...
Read More >>NV Energy, a public utility company, has recently issued an RFP (request for proposal) to expand its portfolio by adding new renewable energy projects. The recent announcement happened in line with the approval from the PUCN (Public Utilities Commis...
Read More >>Privafy, the cloud-native cybersecurity firm ensuring secure Data-in-Motion, is collaborating with Micron Technology to provide a safe IoT security solution. With this new solution, Security-as-a-Service (SECaaS) can be easily integrated for OEM devi...
Read More >>Singapore is taking multiple steps to achieve a greener energy mix by initiating plans towards commencing an electricity import pilot program with Malaysia. The country is also making substantial R&D investments on emanating low-carbon technologi...
Read More >>Global payments infrastructure major, TerraPay, has reportedly secured MSB registration with FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) to strengthen its ability to efficiently cater to the vigorous money transfer requirem...
Read More >>Mounting concerns regarding the environment and climate change have led to a major shift from conventional energy to renewable and clean power generation. Consequently, the role of utilities in delivering green energy is also evolving. As per ...
Read More >>Coconut Software, a pioneer in providing customer engagement solutions for credit unions and modern banks, announced that it has signed a deal with Arvest Bank. The contract focuses on a business-level customer engagement platform that will enable A...
Read More >>Australia’s renewable energy infrastructure got major impetus recently when Spain-based Iberdrola started the construction of the world’s first hybrid-wind solar energy plant in the nation. The company’s move comes after the a...
Read More >>SEMrush, a renowned competitive research service for online marketing, and Yoast, a leading SEO plug-in for WordPress, together announced the start of their new integration partnership. The new collaboration starts with the launch of an updated vers...
Read More >>Competentia, a Norway-based workforce management and recruiting company, has recently announced that it has signed an acquisition deal with Dare, a contract/staffing agency with over 30 years of experience in recruiting. Reportedly, this acquisition ...
Read More >>BlackBerry, the renowned Canadian software company, has reportedly announced a new collaboration with ServiceNow, an American software firm, to add the BlackBerry AtHoc service into the Now platform for IT service management and rapid crisis communic...
Read More >>Happy Cabbage Analytics, a cannabis data analytics business based in San Francisco announced that it has closed its $1.5 million Series Seed funding. Delta Emerald Ventures, a New York-based early-stage investment enterprise, led the round with co-in...
Read More >>Allison Transmission, a commercial duty automatic transmissions and hybrid propulsion systems manufacturer, has announced the launch of eGen Power. eGen Power is a series of fully integrated, zero-emission electric axles. This new product family wil...
Read More >>AI Solutions Group and AMAX's HPC announced its line of advanced server systems powered by NVIDIA A100 that bring AI training, analytics, and inference to a combined yet scalable platform. The resilient system design has accommodated conventional...
Read More >>IBM Corporation, an American multinational technology company, has reportedly announced that Bank of Thailand (BOT) has introduced a platform based on its blockchain technology for government savings bonds. Sources close to the matter stated that th...
Read More >>CDS has reportedly purchased SimpleUsability, the Yorkshire-based behavioral research company helping brands to understand customer needs. Sources claim that this acquisition is all set to broaden the former’s client proposition by means of str...
Read More >>CSIRO, the major scientific research organization of Australia has planned to adopt solar to power its operations in NSW, ACT, and Victoria through a 10-year energy agreement with Zen Energy, the Ross Garnaut-led retailer. The long-term contract mea...
Read More >>Post months of suspending travel in and out of the country, so as to ensure the prevention of the coronavirus spread amid enforcement of stringent government measures, Saudi Arabia now plans to resume tourist visas by the beginning of 2021.The announ...
Read More >>The Singapore government, is reportedly looking for proposals for electrification of harborcrafts, small harbor boats, that typically use oil as fuel and operate only inside the country’s waters. These vessels are generally used to move a small...
Read More >>Sustainable lender Ecology Building Society has managed to raise £3 million from Core Capital Deferred Shares (CCDS), making it the third and smallest building society to secure capital through this form of instrument. Reportedly, Ecolog...
Read More >>Officials in Michigan, Detroit have taken the sustainable route to curb the region’s carbon footprint through credits. As per the latest news, a Salt Lake City firm named Bluesource Corp. has been chosen by the Michigan Department of Natural Re...
Read More >>Moovaz, a Singapore-based logistics company that provides relocation services, has reportedly entered an agreement to acquire GetVan, an on-demand van rental service provider. Financial terms of the agreement have not been disclosed. As per the stat...
Read More >>Petrobras, Brazil’s state-held oil firm announced that it is restarting trades with the world’s leading oil trading houses Trafigura, Vitol, and Glencore after almost 2 years of suspension amidst a bribery inquiry in between the oil tradi...
Read More >>GE Renewable Energy, the GE unit of General Electric Company, has recently announced that it has signed a wind turbine contract. Financial terms of the contract have not been disclosed. Under the terms of the contract, which has been extended by Mit...
Read More >>Tesla has reportedly started partnering with other companies for the purpose of installing and deploying solar roof tiles at a faster pace. The company had earlier rolled out the 3rd version of its Solar Roof tiles in the month of October the previou...
Read More >>Ecom Express, a leading end-to-end logistics solution provider, has reportedly announced that it is planning to create more than 30,000 new seasonal jobs throughout its operations during the upcoming few weeks as the company is preparing itself to me...
Read More >>RFG (Retail Food Group), a renowned café and restaurant franchise firm, has reportedly sold Dairy Country, its dairy manufacturing and processing unit, to Fonterra Brands, a New Zealand based dairying company. Peter George, RFG executive chai...
Read More >>Canberra is reportedly ready to host two big battery projects amid a recent announcement made by the ACT government. The announcement comprises the supply of additional wind power capacity of a total of 200MW for the national capital at record low pr...
Read More >>GE Renewable Energy has reportedly announced that it has completed the installation and authorization of the 32 MW Meryem and 53 MW Kirazli wind farms located in Turkey. The commissioning forms part of a year ago bigger agreement for the supply of fi...
Read More >>3one4 Capital, a venture capital firm in India, has recently raised funding worth $100 million. It is the 3rd and largest fund raised by the firm to significantly invest in the tech-led startups, which was managed by Siddharth Pai and Pranav Pai, son...
Read More >>Fortescue Future Industries Pty Ltd, a subsidiary of Fortescue Metals Group, has reportedly entered into an agreement with the government of Papua New Guinea and Kumul Consolidated Holdings Ltd, a wholly owned entity holding the PNG government’...
Read More >>Indian electric utility company, Tata Power Limited has announced that its distribution licensee division has invited bids for generating 150 MW of renewable power from solar, wind, small hydro, or a combination, in an attempt to meet its RPO (renewa...
Read More >>Hyderabad-based engineering and digital solutions provider, Cyient Ltd., is reportedly planning on acquiring IG Partners, an Australian consulting firm. Sources with relevant information stated that the buy-out will allow Cyient to expand its digital...
Read More >>Vertical Aerospace, Britain’s leading contestant in the competition to commercialize electric vertical flight, revealed the VA-1X, a vectored-thrust aircraft that signifies an important departure from the company’s earlier multicopter des...
Read More >>Carlyle Group, a renowned US-based investment firm, has reportedly announced that it would be acquiring eight solar-powered electricity projects from BNRG, a, Irish operator and developer solar projects. The company would be purchasing these eight pr...
Read More >>Sustainable tech major, Motiv Power Systems, has reportedly raised a sum of $15 million from GMAG Holdings Corp. The investment will be made via convertible notes that are likely to be converted into an upcoming Series-C funding round by Motiv. This ...
Read More >>China has recently launched a new Gaofen-9 Earth observation satellite as well as 2 smaller payloads from its Jiuquan satellite launch center. Its Long March 2D rocket that carried the satellites was lifted from its launch center in the Gobi Desert. ...
Read More >>Deloitte Touche Tohmatsu India LLP (Deloitte) acquires Spatial Access, an advertising and marketing advisory firm. The acquisition aims to improve the organization’s advisory capabilities and help brands to make an informed decision for adverti...
Read More >>While the world has seen many developments on the vaccine side for COVID-19, the testing for coronavirus remains a high priority for many nations. Until a vaccine comes out, the best bet is to test and isolate the carriers by mass testing. However, t...
Read More >>Japanese multinational conglomerate, SoftBank Group Corp. has recently made headlines after the company invested a total of around US$3.9 billion into 25 major technology companies, including biggies like Amazon.com Inc., Netflix Inc., Tesla Inc., an...
Read More >>Arianespace SA, the world's leading satellite launch company, has reportedly launched two telecoms satellites named Galaxy-30 and BSAT- 4B, with the addition of Mission Extension Vehicle (MEV-2) on an Ariane 5 rocket, finishing company’s fi...
Read More >>Smartsheet Inc, the U.S–based publicly-listed company that markets and develops Smartsheet application, has reportedly announced that Forbes has implemented its Smartsheet platform to accelerate strategic business decisions based on actionable ...
Read More >>Eberhart Capital LLC, the Scottsdale, Arizona-based private equity company, has acquired M. J. Van Damme Inc in a USD 20-USD 50 million deal. This investment is the third construction purchase by the company in 2020. Eberhart Capital, LLC's curr...
Read More >>Gogo Inc., an in-flight broadband connectivity firm based in Chicago, has reportedly posted net losses of over $86 million in the Q2 of FY2020 due to the COVID-19 crisis. According to Oakleigh Thorne, CEO of Gogo, the company has encountered immense...
Read More >>MSD Pharmaceuticals, a renowned global healthcare firm that provides innovative healthcare solutions, has reportedly announced that it has agreed to acquire the cutting-edge biologics plant of Takeda Pharmaceuticals, located in Dunboyne, Co Meath. T...
Read More >>With this acquisition, Zynga enters the growing mobile game market Acquisition anticipated close on 1 October 2020 The deal also diversifies and Expands Zynga’s advertising business Zynga Inc., a San Francisco-based leading interact...
Read More >>Vancouver-based Westport Fuel Systems Inc., has reportedly announced that its Italian subsidiary MTM has inked an agreement with Algerian State-Owned Agency for Distribution and Sale of Oil and Gas (NAFTAL) to supply the developing Algerian market wi...
Read More >>The Nordex Group, one of the world's largest wind turbine manufacturers, has reportedly agreed to sell most of its European onshore wind and solar project development pipeline to German-based RWE AG for USD 474 million (EUR 402.5 million). Sourc...
Read More >>UK-based retail banking company, Metro Bank has decided to purchase distressed P2P lending company, RateSetter for an initial consideration of £2.5 million. According to reliable sources, the acquisition comes just weeks after Ra...
Read More >>Central National-Gottesman Inc., a world leading distributor of newsprint, paper, pulp, tissue, packaging, and plywood, has reportedly announced that the company’s Kelly/Spicers division has expanded its packaging business across Western U.S. b...
Read More >>The fundraising spree seems to be going at unprecedented speed for Reliance Industries Limited. After successfully raising over $20 billion for Jio Platforms in the peak times of coronavirus, Mukesh Ambani led firm is in talks with Qatar Investment A...
Read More >>German green lender, Umweltbank, has reportedly announced that it will furnish a €55 million loan for the development of Anumar’s Schornhof solar park, with a generation capacity of 110 MW and currently undergoing construction in the Bavar...
Read More >>The Asset Management division at Mirabaud has reportedly announced that it has acquired two single-tenant office buildings situated in San Jose, California. While the transaction involves a cost of $95.2 million, the deal has been carried out on beha...
Read More >>As the UK relied extensively on renewable energy sources to generate power in the recent years, the new research report by National Grid ESO stated that carbon emission from the nation’s electricity systems could turn negative as early as 2033....
Read More >>Corporates are slowly beginning to call their staff back to the office as COVID-19 restrictions are gradually being lift off. The Department of Telecommunications (DoT) has extended the relaxation of guidelines to facilitate work from home by Decembe...
Read More >>Leading technology and financial services provider, Xalles Holdings, has reportedly announced that it has entered into a Share Exchange Agreement for the 100 per cent acquisition of Adaptive Metadata Solutions, a major provider of metadata analytics ...
Read More >>Innovative Industrial Properties Inc. (IIP), a real estate investment trust that targets medical-use cannabis properties for acquisition, has reportedly inked a sale-and-leaseback deal with Columbia Care Inc. Apparently, the deal includes around 50,0...
Read More >>The IPGCL (Indraprastha Power Generation Company Limited), the Delhi Government-owned utility, has reportedly granted a 98-day relaxation pertaining to the completion of its 21.5 megawatt solar rooftop projects in government buildings in Delhi. Sour...
Read More >>South Korean electronic component manufacturer, LG Innotek has recently announced that it has built the world's tiniest Bluetooth module, a noteworthy breakthrough that would enable the company to further progress into the communication module ma...
Read More >>Greenhouse gases have always been a major factor impacting overall Earth atmosphere. However, researchers now warn of an alarming rise in methane levels from the agricultural and animal husbandry sector. Scientists claim that some of the main reasons...
Read More >>E-commerce giant Amazon has reportedly debuted a smart grocery cart, called ‘Dash Cart’, complete with sensors, cameras, and a scale to detect and log products on digital displays. The technology has been launched to make it easier for sh...
Read More >>Renewable energy sources have the potential to become a feasible solution to the long-standing environmental as well as energy challenges faced by numerous nations. Having understood their significant benefits over conventional power sources, energy ...
Read More >>Fujitsu Laboratories has reportedly announced that it has developed the world’s first AI technology intended to accurately capture essential features such as the probability and distribution of high-dimensional data. The technology focuses on o...
Read More >>Unacademy, the online learning platform based out of India, has claimed that it has acquired PrepLadder for a valuation of USD 50 million. The transaction was an all cash and stock deal, and has seemingly been undertaken by the Facebook-backed edtech...
Read More >>Japanese conglomerate SoftBank Group Corp is in discussions to sell all of its stake in SBG Cleantech. The company is holding separate talks with Mubadala Investment Company – the sovereign wealth fund belonging to the government of Abu Dhabi, ...
Read More >>American investment bank and financial services firm, Goldman Sachs Group, Inc. has recently acquired a stake in online beauty and cosmetic retailer, Purplle’s two angel investors. For the uninitiated, in 2019, Goldman Sachs had led a...
Read More >>A consortium led by Oil India Limited and Engineers India Limited has reportedly planned to proceed with the acquisition of 48 per cent shares in Numaligarh Refinery Limited, a subsidiary of BPCL. According to Harish Madhav, the Director of Finance ...
Read More >>Global IT services provider Aspire Systems has reportedly announced that it has bought a majority stake in RapidValue Solutions, a leading provider of digital product engineering solutions. This deal involves the purchase of Helion Ventures’ en...
Read More >>The Carlyle Group is reportedly planning to purchase one-fourth of the stake in Nxtra Data, Airtel’s data center business. The deal valuation has been finalized at USD 235 million (close to INR 1,780 crore). With this acquisition, Nxtra’s...
Read More >>The India-based education technology company GetMyUni has declared that it has taken over online learning firm Avagmah from AEON Learning. Acquired in an all-cash deal, Avagmah had raised around USD 5 million from Zodius Capital, MEMG (Manipal Group)...
Read More >>British-Dutch consumer goods company, Unilever, has reportedly announced its acquisition of more than 82 per cent stake in GlaxoSmithKline’s food and drinks division in Bangladesh. The company has reportedly acquired these shares from Setfirst ...
Read More >>The state of Nevada has decided to join California in enacting the latest Zero Emission Vehicle (ZEV) mandate and vehicle emissions standards, despite the Trump administration’s decision to loosen the grip on federal fuel efficiency standards. ...
Read More >>Genetic testing company Invitae is reportedly on its way to purchasing personalized cancer test developer ArcherDX. The deal is speculated to have been finalized at USD 1.4 billion. As per sources familiar with the knowledge of the matter, ArcherDX,...
Read More >>The ongoing coronavirus pandemic has not only impacted the present scenario of several sectors but also likely to influence their future. One of the major fields to have taken the hit of the pandemic is the global aviation industry. As the airlines s...
Read More >>As the ongoing COVID-19 pandemic has significantly impacted the employment landscape in India, several entities have come forward to help workers during such critical times. A similar incidence came into light when students of IIMs, IITs, and other r...
Read More >>The on-going coronavirus pandemic has significantly disrupted the lives and economies across the world. The need of the hour is to safeguard people from viruses that may cause illness. This is essential not only for apparel like hospital gowns but al...
Read More >>Leading payment services company, Square Inc., has reportedly announced its acquisition of Spanish peer-to-peer payment service, Verse, known for its efficient payment facilities across Europe. Square has stated that Verse’s team will effective...
Read More >>Automakers worldwide are revamping their existing operations to chart a course through a radically altered retail environment during the on-going COVID-19 crisis. As part of its worldwide turnaround plan, Nissan Motor Co., Ltd., the Japanese multinat...
Read More >>Tata Power has recently announced that Tata Power Renewable Energy, its subsidiary, will develop a 120-MW solar project for the electrical service company, Gujarat Urja Vikas Nigam. Sources familiar with the matter have stated that the largest integ...
Read More >>Amazon Business has recently launched ‘MSME Accelerate’ initiative, which is likely to go live starting 20th June 2020. Following the launch, Amazon’s website would feature the MSME Accelerate program that would offer a wide range o...
Read More >>Global Clean Energy’s retooled facility will produce 15,000 barrels per day of renewable diesel from proprietary camelina oil and other traditional biofuel feedstocks. Topsoe will deliver basic engineering, license, proprietary equipment and...
Read More >>Uber had received only a 2-month operating license in September for London The company touts close to 45,000 licensed drivers in the city Ride-hailing leader Uber has reportedly launched new safety features for its U.K. business, as it s...
Read More >>With the penetration of the internet, the demand for podcast have surged significantly across the globe. This growing trend has encouraged companies to partner with potential podcast service providers to enhance their business reach. Triton Di...
Read More >>Tech sector in Europe is seen as lagging behind when compared to its Chinese and U.S. counterparts Interest from American investors in private tech sector of Europe encouraged Balderton to launch a new fund Balderton, a venture capital f...
Read More >>On the foundation of the popular digital payment services, China is moving towards a cashless economy. In a bid to offer ease to international users, Chinese mobile payment giants WeChat Pay and Alipay have recently started allowing foreigners to lin...
Read More >>With rising sales of electric vehicles, and the higher adoption of new technologies by the aerospace and automotive sectors, implementation of fiber lasers is witnessing significant growth recently. Global fiber laser manufacturers are increasingly w...
Read More >>ExxonMobil Corporation, a renowned US-based oil and gas company, and Albemarle, a renowned US-based chemical manufacturing firm, reportedly unveiled their new Galexia™ platform. This new platform is designed for the refining industry and is a t...
Read More >>There has been an exponential growth in the number of cyberattacks targeting smartphones to exploit data. In fact, some reports claim, there will be a 50% growth in cyberattacks this year in comparison with last year. Several global software firms ar...
Read More >>Global warming and worsening air quality is virtually impacting almost every living being on earth. To tackle this issues, various companies have devised huge plans to cut their carbon footprints and have adopted renewable energy alternatives to driv...
Read More >>Advanced technologies such as AI, robotics, and analytics have significantly altered the way business carry their operations. Numerous organizations in the world are leveraging the benefits of AI to develop cutting edge solutions for Industry 4.0. M...
Read More >>In March, AT&T had raised prices on its online-TV platform service, DirectTV Now (now known as AT&T TV Now). However, recently the firm announced yet another price hike on its service for customers using its offerings as well as for new subsc...
Read More >>Depleting conventional energy has ignited the need to utilize renewable energy sources. Countries worldwide have started to turn their focus towards developing and adopting renewable energy alternatives such as wind and solar energy. Also, as per the...
Read More >>India’s power transmission sector has experienced extraordinary growth over the past decade, with line length and transformer capacity recording an average growth of 6.5% and 9.6%, respectively. In addition, both financial and operating perform...
Read More >>Various global firms periodically restructure their organization in an effort to prepare the company for success in its coming future and laying off employees that are deemed non-essential is one of the most prominent exercises companies use to refin...
Read More >>Renewable energy sources have evolved as one of the best alternative sources of energy and have gained importance and recognition on a global scale. As Taiwan imports over 97% of its energy supply from foreign countries, developing an indep...
Read More >>The global marine port and service market is expected to witness a substantial growth in the coming years. Owing to this growth, marine service sector is experiencing a general uptick in acquisitions and collaborations lately. One such i...
Read More >>Demand for renewable energy, and by extension, various initiatives for development of solar power programs have experienced a substantial growth in recent times due to increasing environmental concerns and advancements in clean energy technologies. V...
Read More >>Renascent Power Ventures to acquire 75% stake in Prayagraj Power Project following APTEL approval TATA Power has recently announced that the Appellate Tribunal for Electricity (APTEL) has approved the acquisition of 75% stake in the 1,980 MW Prayag...
Read More >>India has a diversified set of partnership in the middle east region, maintaining a healthy relationship with Gulf Cooperation Council countries. Saudi Arabia has been playing a vital role in reforming India’s economy and is a fourth-largest tr...
Read More >>In the United Kingdom, CMA (Competition and Markets Authority) is a unit of the non-ministerial government department (NMGD) that is responsible for strengthening business competition and reducing and preventing anti-competitive activities. The agen...
Read More >>Ride sharing and ride hailing businesses are presently making significant progress across the world due to its convenience and cost effective nature. However, safety and background of drivers turns out to be a major point of concern for passengers ad...
Read More >>Thermoplastic composites (TMCs) made from structural polymer composites have various uses in automotive, aerospace and construction industry. With rising demand in the transportation sector, several companies are now expanding their production capaci...
Read More >>No matter what kind of business it is, having a website helps in reaching more clients. Today, WordPress is one of the leading content management systems in the world and reportedly around 34% of websites on the internet are based on it. Automattic,...
Read More >>Compound semiconductors have become the focus of development in the past few years as semiconductor engineers have worked hard to obtain the next better device. Among these, GaN has gained prominence as it can be well suited for high voltage conversi...
Read More >>After numerous years of dodging exposure to major scandals, the automobile industry was pushed into the storm of judgment when Volkswagen was found to have been dishonest about their car emission testing. The German car giant was exporting diesel car...
Read More >>The agreement will establish a Cisco Co-innovation Centre and a new position of a Cisco Chair of IoT The agreement will also give access to Cisco’s Digital Schools Network for all educators and students Cisco Systems, Inc...
Read More >>This is McDonald’s second acquisition this year, earlier this year it acquired Dynamic Yield, an online personalization startup for over $300 million. This acquisition would reduce wait times and could enable restaurants to function with sma...
Read More >>DXC Technology has joined other international firms to expand its offshore base in India as the company struggles to hire talent across developed markets like United States. The inability to hire employees rapidly, costed $100 million to ...
Read More >>Global system integrator takes over security solutions industry-leader Life Safety Solutions Provider Founded in 1978, LSSI has an industry experience spanning over 4 decades, and has built and maintained long-lasting customer relationship...
Read More >>This project is predicted to double the gas exports of country and eventually turn the nation into an important energy player. Total will make a “National Content plan” to further set out local advances, develop access points o...
Read More >>With this contract, Utah Interactive would focus on providing consistent digital federal services. The state of Utah has recently awarded Utah Interactive LLC, a subsidiary of government digital service provider NIC Inc., with a new enterprise contr...
Read More >>Harvest Alaska, a privately held midstream service provider, recently announced that it will buy the entire ownership of BP Transportation Alaska under midstream interests in Alaska, which also includes an interest of 49% in Trans-Alaska Pipeline Sys...
Read More >>The company aims at international standardization of public symbols from this trial, which would be conducted at Chofu City, Tokyo. The rollout of dynamic sign would make it more convenient and easier for visitors to find their path across...
Read More >>Procurement of Scotty Labs delivers DoorDash access to Scotty’s remote controlled and autonomous vehicle tech. Scotty Labs is the second procurement by DoorDash for the month, following its acquisition of Caviar. DoorDash Inc., a S...
Read More >>The extension would enable Huawei to maintain existing telecommunications networks and provide software updates to its handsets. U.S. Commerce Secretary Wilbur Ross has recently announced that the government has decided to extend a re...
Read More >>ORIX Corporation owns 49% stake in each of IL&FS’s seven power plants Proposal has now been filed with NCLT after the completion of Share Purchase Agreement In a bid to sell its wind power business, Mumbai headquartered leasing...
Read More >>Following the buyout, Anadarko’s shareholders will be getting USD 72.34 per share Occidental also sold USD 13 billion in bonds as part of financing the acquisition Texas based petroleum company, Anadarko Petroleum has reportedly announced...
Read More >>Following the buyout, Anadarko’s shareholders will be getting USD 72.34 per share Occidental also sold USD 13 billion in bonds as part of financing the acquisition Texas based petroleum company, Anadarko Petroleum has reportedly announced...
Read More >>Komatsu commits to rollout New Relic at all its Smart Construction sites. The construction equipment company raises its consumer response request time by about 30 times. New Relic, a leading cloud-based instrumentation platform made to support c...
Read More >>The car makers are reportedly planning to reframe their partnership to build up new negotiations with Fiat Chrysler. French car-maker Renault SA and the Japanese constructor Nissan Motor Company are reportedly considering implementing changes to the...
Read More >>The PSCSC will adjust the fuel component after reviewing the cost of the fuel rates New rates would go into effect from 1 October this year if the proposal is approved Duke Energy Carolinas, a provider of gas and electric services, recen...
Read More >>Cubans will not have to travel to centralized public sites for connection anymore Mobile phones in Cuba have access to 3G connectivity since December Cuba has extended internet access to citizens countrywide while trying to control and d...
Read More >>China National Offshore Oil Co (CNOOC) and Abu Dhabi National Oil Co (ADNOC) have recently signed a memorandum of understanding (MOU) for liquefied natural gas (LNG) trade, oil refining as well as upstream exploration & development activities.&nb...
Read More >>Bayer AG, the Germany-based multinational pharmaceutical and life sciences company, plans to bring 500 hundred jobs to Creve Coeur campus and has invested US$164 million for the facility’s improvement. Missouri’s Governor Mike Parson sai...
Read More >>Selling Simplified Group Inc., a privately-held provider of marketing solutions and B2B data, recently announced that it has expanded its presence in the Asia pacific (APAC) region following the opening of its new office in Hong Kong. The new office ...
Read More >>AppLovin, a mobile marketing and gaming platform that offers tools for game development around monetization, user acquisition, analytics and publishing, recently announced that it has acquired SafeDK, a software development kit (SDK) platform. ...
Read More >>Cactus Outdoor, New Zealand-based outdoor clothing brand recently announced acquisition of garment manufacturer, Albion Clothing. Cactus did not reveal details regarding the financial transaction. However the company confirmed that both the firms wil...
Read More >>Hyundai headquarters recently approved the Smart EV project that aims to introduce smart electric vehicles to the Indian market. Products developed under the initiative are expected to hit showrooms in two to three years. Hyundai Motor Co, (Hyun...
Read More >>Lightsource BP, the renowned solar energy market player, has reportedly acquired a large number of projects in Brazil. The move is said to be against Lightsource’s aim to expand its current global capacity. As per sources familiar with the kno...
Read More >>In a fundraising round led by present investors like Naspers and EQT, a Europe-based startup firm Dott has secured 30 million euros for launching electric bike rental business and to introduce a brand new range of electric scooters. Europe’s V...
Read More >>Swiss holding company Blackstone Resources AG, has reportedly joined hands with some of its strategic partners across Poland, Germany, Austria, and Belgium. The aim of the partnership is for the company to build and finance its own research team in c...
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