About Author : Nikita Chaurasia


Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse roles while penning down trending pieces. Presently, she develops content for aeresearch.net and a few other platforms.



Contribution by: Nikita Chaurasia

Tata Tele Business Services to offer Microsoft Azure to Indian SMBs

Telecommunications service provider, TTBS (Tata Tele Business Services) has reportedly announced that it would help Indian SMBs (small and medium businesses) migrate their workloads to the cloud by providing Microsoft Azure (cloud computing services)...


Read More >>
Tatas in plans to acquire Bisleri in a deal worth USD 856 million

India's fast-moving consumer goods company, Tata Consumer Products Ltd is reportedly all set to acquire drink company, Bisleri International in a deal worth USD 856 million (₹7000 crores), reported the packaged water makers chairman, Ramesh...


Read More >>
Ukio raises $28M to offer comfort to working professionals across Europe

Ukio, an apartment rental agency in Barcelona, Spain, has reportedly raised $28 million (€27 million) in a Series A round of funding. Apparently, the cash injection consists of over $17.5 million (€17 million) in equity and more than $10...


Read More >>
Amazon’s AWS unveils 2nd infrastructure region in Hyderabad, India

IT service management company, Amazon Web Services, Inc. (AWS), has recently announced the unveiling of another leading AWS infrastructure region in India, the AWS Asia Pacific (Hyderabad) Region. Starting this week, the startups, developers, ente...


Read More >>
Beijing reports increase in COVID-19 cases after first death in six months

World's most populous country, China has recently reported the fatalities of three people in Beijing as the first fatalities from coronavirus in the last six months, with the rise in recorded new cases despite following the strictest zero-COVID p...


Read More >>
India flags concern as rich nations want to extend mitigation to agriculture

During the ongoing COP27 (UN climate summit) in Egypt, India has countered the developed world’s effort for extending the scope of mitigation to agriculture, stating that rich nations are not seeking to mitigate emissions by modifying their lif...


Read More >>
Booking.com and RateGain collaborate for seamless content distribution

Renowned SaaS solutions provider for travel and hospitality, RateGain Travel Technologies Limited, has recently announced that its Content AI platform has formed a new and enhanced integration with the world's leading digital travel company, Book...


Read More >>
New Zealand scientists seeking to lower global warming from cow burps

While this might come as a surprise to many, the methane gas emitted from cow burps is known to be 25 times more potent to causing global warming compared to carbon dioxide. This has become a serious subject of concern in New Zealand as farming is ce...


Read More >>
U.S., EU to discuss AI road map at the trade and technology council

The new roadmap will ensure that AI deployment is in line with free-market principles and shared democratic values The United States and the European Union are reportedly planning to roll out a new AI (artificial intelligence) road map which prior...


Read More >>
Amazon becomes first public firm to lose $1 trillion in market value

Ecommerce giant Amazon becomes the first public company to lose $1 trillion in market value Recently, its share price closed 4.3% lower at $86.14, taking its market value to $879 billion Well-known E-commerce giant, Amazon has reportedly be...


Read More >>
Crowdworks secures U.S. patent for method for selecting workers

AI (Artificial Intelligence) training data platform firm, Crowdworks, has recently announced that it has successfully received the U.S. patent for method for selecting workers as per the feature of a project based on crowdsourcing. When running a ...


Read More >>
upGrad introduces UGDX to emphasize offline higher education

Edtech major upGrad plans to invest $30 million to open ten UGDX institutes globally Edtech company upGrad, has recently unveiled its latest brand UGDX, with an investment of $30 million for focusing on offline higher education. According to th...


Read More >>
GIC & ESR partner to form a JV to invest in Industrial & Logistics Assets

Insurance company, GIC, and real estate firm, ESR Group Limited have recently entered an 80:20 strategic partnership to develop a USD 600 million JV (Joint Venture) to take over income-producing core industrial and logistics assets in India. This ...


Read More >>
Napier and IQ-EQ partner to provide leading AI compliance capabilities

World leading end-to-end intelligent compliance platform, Napier has announced that IQ-EQ, a well-known investor services group, is reportedly updating its screening capabilities to AI-enhanced Client Screening from Napier. Apparently, Napier&rsqu...


Read More >>
Twitter to charge $20 for paid verification as per new amendments

Elon Musk-owned Twitter has made it to the headlines as its new owner has given the employees a request to meet his deadline to offer paid verification on Twitter. As per Musk's directive, the company's optional subscription, Twitter Blue ...


Read More >>
Apple sets new revenue record with double-digit growth in India

Apple CEO, Tim Cook has recently announced the company’s new revenue record in India in the July-September period. Apparently, the mega-giant continues to perform better, with strong double-digit growth in the country, in line with its big manu...


Read More >>
Napier unveils new financial crime risk management SaaS platform

Renowned end-to-end intelligent compliance technology provider, Napier has recently unveiled a new innovative financial crime risk management platform, Napier Continuum. Apparently, this platform will offer a high level of automation and enhance t...


Read More >>
Automakers to invest $1.2T to accelerate EVs & battery developments by 2030

Leading automakers worldwide are reportedly planning to spend around $1.2 trillion through 2030 for developing and manufacturing millions of EVs (electric vehicles), along with raw materials and batteries that will support the production. Accordin...


Read More >>
One Health Joint Plan of Action to offer enhanced health management services

Quadripartite – the Food and Agriculture Organization of the United Nations (FAO), the United Nations Environment Programme (UNEP), the World Organization for Animal Health (WOAH, founded as OIE), and the World Health Organization (WHO) recentl...


Read More >>
bolttech raises $1.5B in Series B funding round to accelerate its growth

bolttech, a well-known insurtech firm across the globe, has recently announced its Series B funding round, headed by Tokio Marine and other shareholders. With this funding, bolttech, which is renowned as Singapore’s only in-house insurtech u...


Read More >>
Kavak invests $130M to expand its footprint in the Middle East

Renowned Mexican firm that operates as an online marketplace for used cars, Kavak, has reportedly expanded its footprint to the UAE (United Arab Emirates), Saudi Arabia and Oman. Carlos Garcia, the firm's chief executive, stated that this expa...


Read More >>
Syntiant & Imagimob partner to build production-ready tinyML applications

Imagimob, a leader in real-time artificial intelligence technology, has recently announced a partnership with Syntiant Corp, a well-known AI chip company, to deploy its tinyML platform with the latter’s ultra-low-power Neural Decision Processor...


Read More >>
ZeroAvia buys HyPoint to strengthen hydrogen fuel-cell technology offering

British/American hydrogen-electric aircraft developer, ZeroAvia has wholly purchased HyPoint, a hydrogen fuel cell system provider, to strengthen its hydrogen-electric product portfolio. As per sources, ZeroAvia is developing powertrains for hydro...


Read More >>
Chanel pioneers ¬sustainability-linked bonds for combating climate changes

French luxury fashion house well-recognized for its perfumes and tweed suits, Chanel, has reportedly unveiled ­sustainability-linked bonds, or SLBs, to combat climate change two years ago when the firm was in need to borrow money. The investor...


Read More >>
NLP Logix Partners and Databricks team up for Lakehouse Platform

NLP Logix, a well-known predictive modeling and machine learning leader, has recently announced that it has entered into a partnership with Databricks, an American enterprise software company, to drive business value by deploying data and artificial ...


Read More >>
Elliptic Labs inks deal with Xiaomi to offer a proximity detection solution

Elliptic Labs, a global AI software company, has reportedly entered into a new agreement with Xiaomi, one of the third-largest smartphone manufacturers across the globe. With this agreement, Xiaomi will continue to leverage INNER BEAUTY, the AI Vi...


Read More >>
L&T Technology Services partners with Qualcomm to amplify 5G adoption

L&T Technology Services Limited has recently announced that it is teaming up with Qualcomm Technologies, Inc., the world’s leading wireless technology innovator. With the latest collaboration, the firm plans to offer end-to-end solutions...


Read More >>
PNAS, Straive partner to deliver end-to-end content production services

Renowned U.S.-based nonprofit and non-governmental organization, NAS (National Academy of Sciences), has reportedly collaborated with Straive, one of the leading technology-driven solutions providers for Content, EdTech, and Data. With this acquis...


Read More >>
Japan pushes innovations in 'deep tech' sector with solar cell technology

Amid the most promising next-generation solar cell technology innovations, Enecoat Technologies, a provider of materials development services in Japan, is reportedly developing perovskite. Following its completion, the Kyoto-located start-up expec...


Read More >>
GIC to acquire majority shares in opulent Sani/Ikos properties

Singapore's sovereign wealth fund, GIC has agreed to pay around $2.2 billion to buy a majority stake in Sani/Ikos Group, a Mediterranean luxury resort operator, marking the largest transaction in the European resort market since the Covid-19 pand...


Read More >>
Excelra, Patcore partner to offer enhanced digital insights to customers

Excelra, a data and analytics solutions provider, has recently announced its partnership with Patcore, Inc., to provide better access to its analytics products and scientific data for customers in Japan. For the unversed, Excelra is one of the top...


Read More >>
TrueFoundry nabs $2.3M for technology team & product development expansion

Machine learning developer platform, TrueFoundry has reportedly secured $2.3 million in a seed funding round. Apparently, the investment round was headed by Sequoia India and the Southeast Asian Surge programme. Leading angels, including AngelList...


Read More >>
Brimbank Council's innovative 5G research project reaches new milestone

Brimbank Council's groundbreaking research project based on 5G technology has reportedly achieved a new milestone with the AI (artificial intelligence) development to detect dumped rubbish and damaged road signs. According to sources, the Mobi...


Read More >>
Sigmoid nabs $12Mn to expand its data engineering & analytics platform

Sigmoid, a leading data solutions company helping firms in the U.S., U.K., and Europe, has reportedly raised $12 million, following a strong year of growth, in a new funding round. According to sources, venture capital firm, Sequoia Capital India ...


Read More >>
Cross Country Healthcare to buy assets of Mint & Lotus for locum tenens

Employment agency company, Cross Country Healthcare, Inc., has recently announced that it is entering into a strategic pact to procure the assets of Mint, LP (Mint Medical Physician Staffing) and Lotus, LLC (Lotus Medical Staffing LLC combined with L...


Read More >>
BaseBS, Uniphore to deliver emerging technology to Vietnam’s CX Industry

Vietnam-based consulting company, Base Business Solutions (BaseBS) has recently announced that it has collaborated with Uniphore, a leading automation company. With this collaboration, BaseBs will be able to strengthen its position to bolster custome...


Read More >>
Nvidia chip restriction to not harm Chinese auto manufacturer, Nio

Chinese multinational automobile manufacturer, Nio has recently stated that the U.S. restrictions on selling Nvidia chips to China will not affect its business in any way. Last week, the auto manufacturer revealed that the U.S. would require the c...


Read More >>
Morgan Stanley claims RIL’s current investment cycle is less assertive

American multinational investment management and financial services company, Morgan Stanley has reportedly described RIL’s (Reliance Industries’) current investment cycle as less aggressive, further stating that it would reduce its equity...


Read More >>
Nigeria to bring energy access to the full population via gas-led transition

Nigeria is reportedly requesting USD 10 billion from foreign investors to launch an energy transition strategy. Apparently, it seeks to provide energy access to the entire population, bringing 100 million people out of poverty by 2030 and switching t...


Read More >>
Flipkart to spend USD 449.6 Mn on new automatic facilities in India

Flipkart, an Indian e-commerce major, has recently announced its intentions to invest USD 449.6 million in the construction of three new automated fulfillment centers in India. Apparently, the plan calls for the fully oper...


Read More >>
Mercedes-Benz estimates 25% of sales in India from EVs in next 5 years

Mercedes-Benz expects to see at least 25% of its sales in India come from electric vehicles within the next five years, according to Mercedes-Benz India MD and CEO Martin Schwenk during the unveiling of the AMG EQS 53. Germany-based luxury car mar...


Read More >>
Pfizer-BioNTech’s COVID-19 shot found to be effective in kids under 5

Pfizer Inc. and BioNTech SE reported that its COVID-19 vaccine is 73.2% effective among kids aged between 6 months to 4 years. The development comes two months after the vaccine was rolled out in the United States for this age group. Moreover, the...


Read More >>
USAID, ADB union to help Pacific reinforce economic & community resilience

The United States Agency for International Development (USAID) and Asian Development Bank (ADB) have reportedly signed an agreement to support the Pacific region in better preparing for and responding to pandemics, economic shocks, and the effects of...


Read More >>
Razorpay enters offline payments space with a USD 200 Mn Ezetap buyout

The leading offline Point-Of-Sale (POS) business, Ezetap, which was formed to make in-person offline payments simpler, has been acquired by fintech behemoth Razorpay, through a deal worth USD 200 million. The acquisition will enable Razorpay, whic...


Read More >>
U.S.-based Nexstar Media Group acquires majority stake in CW Network

American media mogul Nexstar Media Group Inc. has become a majority owner of commercial broadcasting company The CW Television Network, as per the latest reports. Nexstar is expected to own nearly 75% of the CW network, which was previously known ...


Read More >>
Crypto behemoth Coinbase reported USD 1.1 billion net loss during Q2

Coinbase, the largest cryptocurrency exchange platform, reported a steep dip in its revenues and profits in the June quarter, with a net loss of USD 1.1 billion and revenue falling sharply by about 60% as compared to the same time last year when the ...


Read More >>
Nvidia could see a 19% revenue drop in Q2 over slowing gaming business

Nvidia Corp. has reportedly warned that the slowdown in its gaming business would cause its second-quarter revenues to decline by 19% from the previous quarter, further causing the chip maker's shares to fall by nearly 8%. Nvidia released its ...


Read More >>
Tesla to procure nickel from Indonesia through a USD 5 billion deal

Tesla Inc. has reportedly made contracts worth USD 5 billion with Indonesian nickel manufacturing companies to buy materials for its batteries. For a while now, Indonesia has been trying to get Tesla to invest in setting up a sturdy manufacturing fac...


Read More >>
Amazon Inc. to acquire robotic vacuum maker iRobot for USD 1.7 billion

Credible sources have recently cited that Amazon Inc. is steadily gearing up to acquire iRobot Corporation for USD 61 per share in an all-cash deal that would close the deal at a valuation of USD 1.7 billion as per current estimates. This deal fol...


Read More >>
Robinhood shares surge 13% despite eliminating 23% of its employees

Robinhood Markets, Inc. the trading app that popularized one-click transactions, is reportedly laying off nearly 23% of its employees. The company’s CEO Vlad Tenev claimed that the downsizing would affect staff members throughout the company, p...


Read More >>
Bank of England looking into continuously rising inflation in the U.K.

The Bank of England has reportedly stated that it will take aggressive measures, if necessary, to prevent the inflation issue from becoming a prolonged challenge. Sources claimed that the central bank might bring an unusual hike of a half-percenta...


Read More >>
Indonesia bans multiple online services for missing regulatory deadline

The Indonesian government has reportedly banned access to a series of digital platforms, including PayPal Holdings Inc., Steam, Epic Games Inc., and Yahoo Inc., for failing to comply with the country's new mandate regarding content review policie...


Read More >>
Spotify reports 19% increase in monthly active users since last quarter

Music streaming major Spotify's monthly active users (MAU) has reached 433 million while the number of premium customers rose to 188 million in the second quarter. This compared to the 182 million and 422 million figures the Swedish tech giant an...


Read More >>
Logitech chief positive over company’s growth despite quarterly loss

Logitech International’s chief in command, Bracken Darrell reportedly still believes that the Swiss American company will be able to recoup the losses it suffered due to a decline in sales over the past few months. It is worth noting that th...


Read More >>
Harley Davidson's production snag could jeopardize its profit outlook

Harley-Davidson Inc.'s two-week manufacturing outage, which began on May 19 and elevated the motorcycle maker's order backlog, has reportedly led to the company reevaluating its profit outlook for this year. As it plans to report its quarterl...


Read More >>
Samsung planning to launch new foldable phones in August this year

According to recent tech reports, Samsung Electronics Co. Ltd is slated to unveil its range of new foldable phones via an online event that will be held on its official website on August 10. The event titled ‘Unfold Your World,’ will f...


Read More >>
Apple to slow down spending & hiring over possible economic slump

Even Tesla Inc. and Meta Platforms have announced plans in reducing hiring and investment. Apple's iPhones continue to be among the most sold smartphones worldwide, with the company retaining a 17% market share. Apple Inc. is reportedly...


Read More >>
Telecommunications behemoth SKT to launch air taxi service by 2025

South Korea’s leading telecom company SK Telecom has announced plans to launch an air taxi service by the year 2025, describing Urban Air Mobility (UAM) as a game changer for upcoming advancements in mobility across the globe. During a press...


Read More >>
Fintech start-up OneCard becomes unicorn post USD 100 Mn fresh funding

Pune-based fintech firm FPL Technologies, a credit card provider that operates under the brand name OneCard, has reportedly raised USD 100 million in a Series D funding round. With the latest fundraising, the firm is now valued at USD 1.4 billion and...


Read More >>
Hyundai Motor Company to build its first South Korean EV factory

Hyundai Motor Company has recently released a statement claiming that it would soon direct its efforts toward building South Korea’s first electric vehicle (EV) factory, marking its first automobile plant in the country in three decades. Int...


Read More >>
Qualcomm, Ericsson, Thales to test 5G networking strength in space

Reliable sources claimed that French multinational aerospace giant Thales Group, Ericsson, and Qualcomm Inc., have joined forces to develop a satellite driven 5G network to improve terrestrial connectivity. The main motive of this innovation is to...


Read More >>
WeWork India rectifies glitch that revealed visitors’ personal data

WeWork Inc., a flexible workspace solutions company, has reportedly corrected a security flaw that gave unrestrained access to the personal details and selfies of several users who visited its coworking spaces. Sandeep Hodkasia, a security consult...


Read More >>
China’s Great Wall Motor suspends USD 1 Bn investment plan in India

After failing to get regulatory permits, China's Great Wall Motor has reportedly abandoned its plans to invest USD 1 billion in India and has fired all employees from its Indian facilities. The Chinese automaker had planned to penetrate the India...


Read More >>
Walmart to double down on frictionless optical care with Memomi buyout

Walmart Inc. is reportedly planning to acquire the augmented reality optical tech firm Memomi, reflecting the retailer’s commitment to offering frictionless and omnichannel optical care. The buyout could potentially allow Walmart to offer a fun...


Read More >>
Google faces antitrust lawsuit from Danish job search entity Jobindex

Google LLC was reportedly hit with an antitrust case by Jobindex, a Danish online job-search rival, that took its grievance to European regulators asserting that Alphabet Inc.’s subsidiary is unjustly favoring its job-search engine. The comp...


Read More >>
EU vows USD 630 Mn aid to vulnerable countries amidst Ukraine-conflict

The European Union has reportedly pledged USD 630 million to support weaker nations to tackle food scarcity that was made worse by Russia's assault on Ukraine. The funds include USD 368 million in aid to increase long-term sustainable food produc...


Read More >>
Ericsson predicts 5G mobile subscriptions to surpass 1 billion in 2022

Swedish telecom and networking giant Telefonaktiebolaget LM Ericsson has reportedly predicted that by 2022 there will be over 1 billion 5G mobile subscriptions worldwide, primarily ascribed to the mounting adoption of the technology by North America ...


Read More >>
Germany to increase gas storage levels to prepare for upcoming winters

Germany has revealed new measures to increase gas storage levels ahead of the upcoming winter when it anticipates that Russia may restrict or even stop the whole supply. The country, which depends on Moscow for most of its gas supply, is attempting t...


Read More >>
Adidas takes Nike Inc. to court over shoe and app patent infringement

German apparel giant Adidas AG has reportedly filed a complaint against its American rival Nike Inc., alleging that the sportswear giant infringed on nine of its patents in terms of customizable shoe technology and smartphone apps. The complaint i...


Read More >>
DHL expects supply chain to not recuperate to Pre-Covid levels in 2023

According to the statement issued by DHL’s freight forwarding unit, the gap between demand from shippers and new container vessels is steadily getting bridged, which will eventually enable port congestion to ease next year. However, this develo...


Read More >>
U.K. likely to probe Apple and Google over mobile browser dominance

Regulators in the United Kingdom are reportedly planning to investigate Apple Inc. and Google LLC for their impactful duopoly on mobile operating systems, questioning them about their market supremacy in the mobile browser space. Furthermore, the ...


Read More >>
South Korea’s LG Uplus to unveil conversational AI voice bot this year

In a bid to explore more commercial uses of artificial intelligence, South Korean telecommunication operator LG Uplus Corporation is reportedly planning to introduce a conversational AI voice bot for mom-and-pop stores as well as a customized recomme...


Read More >>
Exxon, Shell, Total, & Conoco to help expand Qatar’s mega LNG project

Qatar has reportedly chosen Exxon Mobil Corp., Shell plc, TotalEnergies SE, and ConocoPhillips as partner organizations in the development and expansion of the world's largest LNG (liquefied natural gas) project. By 2027, the North Field project ...


Read More >>
Coca-Cola India looking to attain 100% recyclability in bottles & cans

As part of its 'World Without Waste' campaign, the Coca-Cola Company announced that its India unit intends to achieve 100% recovery as well as recycling of post-consumer used products, that includes cans and bottles in the next 2-3 years. ...


Read More >>
Retailing giant Walmart working with several suppliers to lower prices

Various suppliers are reportedly working along with Walmart to reduce the overall prices. According to some senior Walmart executives, these suppliers are responding to the retailer’s efforts despite facing high inflation and surging labor as w...


Read More >>
Fashion industry falls short of environmental targets set up by the UN

Around 30 of the world's largest fashion companies are reportedly lagging in terms of the United Nations' environmental targets set for sustainable fashion clothing. Although some fashion houses are steadily improving their climate credential...


Read More >>
SEC calls on Elon Musk over his late stake disclosure in Twitter Inc.

The Securities and Exchange Commission (SEC) is reportedly investigating Tesla CEO Elon Musk's buyout of social media platform Twitter. The agency is probing a paperwork mix-up that shows Musk filing for the required documents in early April, whi...


Read More >>
Russia inches closer to debt default as U.S. pushes for license expire

The United States is reportedly pushing Russia closer to a consequential debt default by refusing to extend its license to allow bondholders to pay, as Washington looks to increase pressure following Moscow’s invasion of Ukraine. The U.S. Treas...


Read More >>
Zomato net loss triples to USD 46 million despite 75% jump in revenues

Indian food delivery giant Zomato Limited has reported a net loss worth USD 46 million in Q4 of FY2021-22 despite witnessing a 75% growth in revenue to USD 156 million as opposed to USD 89 million it earlier recorded during the fourth quarter of the ...


Read More >>
Facebook-owner Meta to share more data on political advertisements

Facebook-parent Meta Platforms Inc has recently announced that it would provide additional data from its public ad database regarding the targeting decisions made by publishers running social and political-issue advertising. As a part of the expan...


Read More >>
Massachusetts finds first 2022 monkeypox case in the United States

The Massachusetts Department of Public Health has recently reported the first case of a rare infection called monkeypox in a man who recently visited Canada. According to Boston’s public department, the identified case is no threat to the pu...


Read More >>
Russia denies plans of blocking YouTube & cutting off from the internet

The Digital Development Minister of Russia has reportedly stated that the country is not planning to block Google’s video streaming platform YouTube as such a move would affect its users and will therefore be avoided.  It is worth notin...


Read More >>
Indian food delivery giant Swiggy to buy Dineout from Times Internet

Swiggy, an Indian food delivery giant, has recently announced an agreement with Times Internet to buy Dineout, a dining and restaurant technology platform. Swiggy will use the acquisition to enter the dining out (non-delivery) market, where it will c...


Read More >>
Grocery delivery platform Instacart files for U.S. stock market debut

Instacart, a grocery delivery service, has announced that it has submitted a provisional registration statement with the Securities and Exchange Commission (SEC), clearing the way for the company to list its shares on the U.S. stock exchange. The ...


Read More >>
Tyson Foods improves annual sales outlook as meat prices surge in U.S.

American food major Tyson Foods Inc. has reportedly improved its full-year sales outlook after witnessing better-than-expected earnings and revenue in the last quarter. The company raised its full-year sales to around USD 54 billion, above the averag...


Read More >>
EU likely to enforce new rules to regulate tech giants in spring 2023

The Executive Vice President of the European Commission Margrethe Vestager reportedly claimed that the union is likely to start enforcing the Digital Markets Act (DMA) in the spring of 2023. The antitrust legislation, which aims to limit the power of...


Read More >>
India teams up with Japan to develop affordable EV charging standard

India and Japan are reportedly working on a joint initiative to develop a standard for electric vehicle charging in emerging markets. The duo will use Japan’s protocols to make easier-to-install and operate EV charging stations. The CHAdeMO ...


Read More >>
MakeMyTrip reports 150% surge in super-luxury, premium hotel bookings

Indian online travel company MakeMyTrip recently revealed that its bookings for premium and super luxury hotels have increased by a whopping 150% during the pandemic. The company claimed that more Indians are now traveling to these super-luxury and p...


Read More >>
Mercedes-Benz announces price hike to offset costs amidst high demand

Mercedes-Benz Group AG is reportedly expecting high demand for luxury cars to offset transport and raw material costs with elevated prices as well as estimating a pick-up in deliveries once the semiconductor chips shortage eases. Harald Wilhelm, C...


Read More >>
Bank of Canada will continue to prioritize Canadian dollar over crypto

The Bank of Canada has announced that the Canadian dollar will continue to be at the center of the financial system instead of cryptocurrency. The revelation comes as a response to the opposition Conservative party’s candidates' claims that...


Read More >>
Norway’s wealth fund to support Bayer’s top management but not its CEO

Bayer AG, a German pharmaceutical company, is likely to receive public backing from Norway's wealth fund, which is worth USD 1.3 trillion. However, the sovereign wealth fund will not support CEO Werner Baumann's financial compensation. Cre...


Read More >>
The Philippines could have 21GW wind power capacity by 2040: World Bank

World Bank has revealed that the Philippines is estimated to have the bandwidth to install 21 GigaWatt (GW) of offshore wind turbines by 2040, which will be tantamount to nearly a fifth of the country's supply of electricity at the time. As per ...


Read More >>
China faces a spike in COVID-19 cases despite lockdown in various cities

China is reportedly observing a massive surge in COVID-19 cases with around 3,297 confirmed incidents even though strict lockdowns were issued in several parts of the country. The crisis arose because of locally transmitted cases, most notably in Sha...


Read More >>
UPI to continue defining the future of payment transactions: PwC India

According to a recent study by PwC India, UPI (Unified Payments Interface), the real-time payment system is likely to dominate the digital payments space in the future over newer methods such as BNPL (Buy Now Pay Later), CBDC (Central Bank Digital Cu...


Read More >>
Honda to roll out 30 EV models by 2030 for its electrification push

Honda Motor Co. has announced that it will launch 30 electric car models by 2030, with a production volume of over 2 million vehicles annually. Over the next ten years, the Japanese automaker will invest USD 40 billion in its electrification drive, ...


Read More >>
Meta to cease sharing of private residential info of public accounts

Facebook’s parent company Meta has announced to have accepted Oversight Board’s recommendations on restricting users to share another user’s residential address if the account is “publicly available”. The move comes a ye...


Read More >>
Japanese battery startup 3DOM to use Geely’s products for its EV fleet

3DOM Inc., a Japanese battery start-up, has announced the launch of its B2B fleet service with the help of electric vehicles that would be supplied by China's Geely Holding Group, further helping companies reduce their carbon footprint. For thos...


Read More >>
Russia looks to China for assistance with domestic microchip bank cards

Russia is reportedly seeking out Chinese microchip manufacturers to bypass the sanctions imposed by Western countries, which has caused an uptick in demand for bank cards linked to Mir payment systems. For the unaware, Mir payment systems are paymen...


Read More >>
Russia might suspend ISS cooperation until Western sanctions are lifted

As Russia continues to struggle with the storm of Western sanctions following Ukraine’s invasion, Moscow has now threatened to end cooperation on the International Space Station (ISS), a retaliatory move until the bans are lifted from the count...


Read More >>
LinkedIn changes global policy over outrage on affirmative job posting

Professional networking site LinkedIn has reportedly altered its global policy for job publications after officials in Brazil pointed out that a job posting for black and indigenous professionals had been eliminated from the platform.  Sources ...


Read More >>