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

Apple to cut AirPods, iPhone output over looming inflation, low demand

Apple Inc. is reportedly planning to reduce the production of its iPhone and AirPods gadgets amid the Ukraine conflict and booming inflation, which have begun to weigh on consumer electronics demand. Due to lower-than-expected demand, Apple seeks to...


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Sinopec seeks to make a record USD 31.1 Bn capital investment in 2022

China Petroleum & Chemical Corp, also known as Sinopec, is reportedly looking to make its largest capital investment ever, this year after recording its highest profit in a decade, echoing Beijing's call for energy companies to boost producti...


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Google testing its Play Store’s billing options starting with Spotify

Google has announced that it will allow Spotify, a Swedish audio streaming and media services provider, to use its billing method in its Android app, in a new trial program that seeks to alleviate concerns about alleged anti-competitive strategies an...


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WHO claims every country failed to meet air quality benchmarks in 2021

According to a survey conducted in nearly 6,500 worldwide cities, no country managed to meet the World Health Organization's (WHO) air quality standard in the year 2021. Even after experiencing a sharp drop in pollution levels due to lockdowns du...


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Chevron union workers sacked from California unit before labor strike

Chevron Corp. has reportedly relieved union workers from its oil refinery located near San Francisco just hours before a deadline to start the first labor strike in over 40 years. Over 500 members of United Steelworkers were kicked out from the gasol...


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Australia to access Big Tech companies’ internal data on misinformation

The Australian media regulator (ACMA) will reportedly gain authority to force internet firms to hand over internal data about how they manage instances of disinformation and misinformation. This is one of the newest measures by the government to clam...


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Google Domains is now available in 26 countries after 7 years in beta

Google has announced that Google Domain is no longer in development and will no longer bear the beta label seven years after its launch. In contrast to the lightning-fast rollouts of its other products, this service was given traditional multi-beta t...


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Fresh animal protein e-com platform Licious bags USD 150 Mn in funding

Licious, a Bengaluru-based start-up that offers fresh seafood, meat, and other fresh animal protein online, has reportedly raised USD 150 million from a group of late-stage investors in what seems to be a prelude to the start-up’s IPO (initial ...


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SoftBank sells USD 1 billion stake in e-commerce startup Coupang

SoftBank Group Corp.'s Vision Fund has reportedly sold a stake worth USD 1 billion in South Korean e-commerce company Coupang, after a drop in the value of the investment firm's holdings. Softbank has sold 50 million Coupang shares for USD 2...


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Ford to sell Explorers without chips as semiconductor crisis continues

Ford Motor Company is reportedly planning to sell some of its Explorer SUVs without the chips that are customarily used for power rear heating and air conditioning controls. The automaker will dispatch the absent chips to dealers after a year of cust...


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Automovill planning to establish 500 EV charging stations across India

According to reliable sources, Automovill Technologies Pvt. Ltd. is reportedly planning to establish more than 500 electric vehicle charging stations across 11 cities in India, which will meet the requirements of Level 1 charging facilities of Bharat...


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U.S., Europe edge towards Russian oil import ban over Ukraine crisis

According to US Secretary of State Antony Blinken, the U.S, and its European allies have considered banning Russian oil imports given the ongoing Ukraine invasion, while the White House is in discussion with Congressional committees about their ban. ...


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Aston Martin and Britishvolt to produce high-performance EV batteries

Aston Martin has reportedly collaborated with Britishvolt to develop next-generation batteries designed specifically for high-performance vehicles. As per the Memorandum of Understanding (MoU), the duo plans to reach new levels of repeatable on-track...


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Sony, Disney, and Warner Bros pull film releases over Ukraine invasion

As Russian aggressions continue in Ukraine, bans, and sanctions are increasingly being placed in the country. The latest to do so are all big-time entertainment and media conglomerates, halting all theatrical releases in the country. Disney on Monda...


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US banks prepare for cyber-attacks as sanctions against Russia tighten

U.S. banks are reportedly on high alert following the escalation of sanctions against Russia by several Western nations. As tensions between Russia and the West shoot up, the latter has moved to block a few Russian banks from the international payme...


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Lockheed, Microsoft collaborate to expedite 5G.MIL tech deployment

Lockheed Martin and Microsoft Corporation have reportedly collaborated to advance 5G.MIL® solutions to accelerate the development of reliable connections for US Department of Defence equipment spanning the air, land, sea, space, and cyber domains...


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Facebook limits access of Russian media-related accounts in Ukraine

In the wake of the Russia-Ukraine crisis which threatens to consume the world, tech giants like Facebook are immediately taking action to alleviate the rising tension. The company has reportedly blocked access to several accounts in Ukraine, includin...


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Google drops COVID-19 vaccine requirements for employees in the U.S.

Google LLC has announced that its U.S.-based employees are no longer required to be vaccinated against the Coronavirus. Back in December, Google had planned to wait till 2022 to decide upon whether to resume office work. The search engine giant has ...


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Amazon and Reliance vying over Indian Premier League’s telecast rights

Amazon's rivalry with India’s Reliance Industries has now extended to the cricket field, where the two companies are reportedly vying for telecast rights to the Indian Premier League (IPL), which has hundreds of millions of avid fans. Reli...


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Disney to build residential communities in the U.S. with local themes

Walt Disney Co. is reportedly planning to collaborate with property developers to construct residential communities in the United States, capitalizing on fans' love for the brand outside its theme parks and entertainment industries. The developm...


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India’s IPO boom delayed after high-profile startups tanked on listing

Despite 2021 being a record year for new IPOs in India, most of the tech startups are pushing for a delay in their stock market debut. This comes as some high-profile companies tanked during their respective public listing. Highest-profile startups ...


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Vedanta and Foxconn team up to expand India’s chip-making capabilities

Mining giant Vedanta Ltd. has reportedly signed a joint venture agreement with Taiwan’s Foxconn Technology Group to manufacture semiconductors in India. The latest collaboration is a first in response to the Indian government’s focus to e...


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Crown Resorts accepts Blackstone’s takeover offer of USD 6.3 billion

Major Australian entertainment group Crown Resorts Ltd has reportedly agreed to a buyout deal of USD 6.3 billion from private equity group Blackstone Inc which already held about 10% of the former. This deal paves the exit of the company’s lar...


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Walt Disney Co.’s shares surge as OTT service and theme parks see boom

The Walt Disney Company's shares reportedly elevated by 8% on February 9th, driven by an uptick in subscriber base in its streaming service Disney+ and solid participation at its U.S. theme parks, which further aided in its quarterly profits. Di...


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Truecaller to come preinstalled on some Android phones in key markets

Truecaller intends to cover 100 million new smartphones in the next two years. The call identification app has over 220 million active users in India alone.   Truecaller has reportedly teamed up with some leading Android phone makers to h...


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EU labels nuclear power & gas as sustainable despite internal protests

The European Commission has reportedly stirred controversy over the role of nuclear energy & gas in the clean energy transition after it proposed new regulations on what can be labeled a ‘green investment.’ Following one year of heat...


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Edtech startup Scaler bags USD 55 Mn in Lightrock led-Series B funding

Scaler Academy, an Indian educational platform that upskills working professionals, has reportedly raised USD 55 million in a Series B funding round which was led by Lightrock India and others. The Bengaluru-based startup is now valued at USD 710 mil...


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India’s Gennova Biopharmaceutical working on Omicron-specific vaccine

Gennova's potential mRNA vaccine is currently undergoing Phase II and Phase III trials. If approved for a EUA, it would be India’s first mRNA COVID-19 vaccine. Gennova Biopharmaceutical, a subsidiary of Pune-based drugmaker Emcure, is...


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Recykal secures USD 22 Mn in a fundraise led by Morgan Stanley India

Recykal, a B2B waste management and recycling marketplace head-quartered in Hyderabad, has reportedly raised USD 22 million in funding from Morgan Stanley India. According to the company, existing investors including Circulate Capital, Arun Venkatac...


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Reliance buys controlling stake in NYC hotel in its hospitality push

Reliance Industries Ltd. is reportedly planning to acquire a controlling stake in New York's five-star Mandarin Oriental Hotel for around USD 100 million. The company stated in a stock exchange filing that its industrial investments subsidiary, ...


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India inoculates 3.8 million teens over fears of third COVID-19 wave

India has reportedly vaccinated over 3.8 million teens aged between 15-18 years as of 3rd January in an effort to boost its inoculation drive to protect the large young population before the onslaught of a possible third wave of coronavirus infection...


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Apple on track to become the world’s first USD 3 trillion company

Tech giant Apple Inc. has once again become the world’s most valuable company as it is just a hair's breadth away from a market capitalization of USD 3 trillion. On Monday, the iPhone maker’s shares slid a little over 2% to USD 175.7...


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Samsung Electronics to unify its mobile, consumer electronics units

Samsung Electronics announced it will merge its mobile and consumer electronics divisions businesses. The South Korean multinational electronics corporation has also elected co-CEOs this year, with the goal of simplifying the organization and focusin...


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Samsung to supply new auto chips for Volkswagen’s infotainment system

South Korean electronics major Samsung Electronics Co. Ltd. will supply advanced auto chips to Volkswagen AG. The new chips will be integrated in the German automotive giant’s upcoming infotainment system which is currently being developed by S...


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Canada limits 5G around airports over aircraft interference concerns

Much to the surprise of the telecom industry, the Department of Innovation, Science, and Economic Development (ISED) of Canada has reportedly decided to limit some 5G services that could possibly interfere with radio altimeters, which are crucial com...


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U.S. planning to invest billions to expand COVID-19 vaccine production

The United States is reportedly planning to make substantial investments to improve its COVID-19 vaccine manufacturing capacity. The country intends to produce at least a billion doses by the second half of 2022. This decision is driven by the huge ...


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Peloton sues rival firms iFit and Echelon for patent infringement

U.S.-based exercise equipment and media company Peloton Interactive Inc. has reportedly filed lawsuits against its rivals Echelon Fitness and iFit, claiming that they violated patents related to its on-demand classes. Peloton stated that Echelon and...


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Apple’s digital ID card plan could be funded through states, taxpayers

Apple is reportedly working on allowing users in participating states to digitally store their state IDs  or driver’s licenses on their iPhone wallet. However, the multibillion-dollar company will partially rely on the respective states &m...


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South Korea demonstrates systems for urban air mobility management

South Korea has reportedly tested methods for operating urban air mobility (UAM) vehicles, which it aims to use for taxis that will fly between downtown Seoul and major airports as early as 2025. In 2020, South Korea had announced its plan to launch...


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Over 43 million investors’ data exposed in CVL security breach: Report

CDSL Ventures Ltd. (CVL), a subsidiary of India’s leading Demat services provider Central Depository Services Limited (CDSL), greatly suffered from a vulnerability in its systems that exposed personal and financial information of about 43 milli...


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Goldman Sachs offering an innovative way for investors to bet on SPACs

Goldman Sachs Group Inc. has reportedly introduced a new offering for investors to place their bets on SPACs in an attempt to capitalize on the growing deal-making trend. Sources mentioned that the new product is organized as a two-year bond that wi...


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BMW Group to opt for green steel in vehicle production from 2025

As climatic changes and other environmental issues take center stage, the BMW Group, to minimize carbon dioxide (CO2) emissions at the core of its supply chain, has reportedly agreed to use green steel from Swedish firm H2 Green Steel beginning in 20...


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Apple unveils 16-inch MacBook Pro with high-performance M1 processors

Tech giant Apple, Inc. has recently unveiled the 16-inch MacBook Pro, which promises extraordinary design and performance. The model can be customized with the all-new M1 Pro and M1 Max processors.    These new 10-core processors are ...


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Kedrion Biopharma expands to North America with Prometic acquisition

Prometic Life Sciences has developed the first FDA-approved treatment for Congenital Plasminogen Deficiency. This acquisition will enable easy access to advanced therapies for patients suffering from this rare disease. Kedrion Biopharma Inc. has...


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Facebook Pages to reduce focus on Likes and followers for Indian users

Facebook Inc. has reportedly removed Likes from Facebook Pages for its Indian users to make the platform more user-friendly and easier to understand. This redesign of Facebook Pages was launched in January 2021 and has been rolled out for Indian user...


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Merchant commerce platform Pine Labs eyeing USD 1 Bn Nasdaq listing

India is likely to witness a record number of IPOs this year, with several companies eyeing public listing to raise funds if the market sentiment remains positive. One such company, Pine Labs is reportedly planning to list itself on Nasdaq by October...


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European climate group asks EU for tougher CO2 targets for truck makers

According to a recent study conducted by Europe’s Transport and Environment (T&E), the European Union (EU) should implement stricter CO2 targets for truck makers to swiftly transition to zero-emission models as present goals do not provide ...


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Amazon, Google, Microsoft to join White House meeting on quantum tech

Google LLC, Amazon.com Inc, and Microsoft Corp are set to join a conference on quantum technologies held by the Biden administration at the White House as the U.S. government works to ward off hacking threats and secure the flourishing quantum tech i...


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U.S. aerospace manufacturers pledge to net zero emissions by 2050

U.S. aerospace firms will allegedly double down their efforts towards a climate goal by vowing to attain net-zero emissions by the year 2050, corresponding to a commitment that is to be debated by global airlines in the coming week. The U.S. Aerospa...


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21 U.S. states urge EPA to tighten proposed vehicle emission reforms

A coterie of 21 state attorneys general in consort with the District of Columbia, and various other U.S. cities have reportedly urged the Biden administration to approve significantly stricter vehicle emissions standards than its current proposal. I...


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U.S. & India launch multiple schemes to boost clean energy technologies

The U.S. Energy Department along with its Indian equivalent has reportedly introduced a new private-public Biofuels Task Force and Hydrogen Task Force, as part of the Strategic Clean Energy Partnership program. These bodies will help in increasing t...


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Universal Music Group leaps to USD 55 billion in stock market debut

Universal Music Group's stock market debut marked Europe the largest listing this year, with shares surging over a third as investors wager on the potential of music streaming in the long run. The world's largest music label, which represent...


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Microsoft offering internships to boost technology skills in Indians

Microsoft Corporation has reportedly launched the new Future Ready Talent internship program to teach technology skills to the Indian youth to make them job-ready. The program is free of cost and can be available for students who have graduated in 2...


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PepsiCo to cut plastic use, launch plant-based snacks in green push

As the necessity for actions that tackle climate change intensifies, PepsiCo has announced that it will reduce the use of virgin plastic and expand its business of SodaStream carbonated water to more markets, however, some environmental groups want t...


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Google fined USD 177 Mn by South Korea over anti-competitive practices

The fine is considered to be the ninth-biggest by the regulator to date. It was announced when South Korea’s Telecommunications Business Act, popularly known as “anti-Google law” came into effect.  South Korea’s Kore...


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England to become the first country to require EV chargers in new homes

Even the commercial establishments will be required to include EV chargers. The news echoes on U.K.’s efforts to achieve net-zero greenhouse gas emissions by 2050. The British government is expected to introduce a new law in 2021 which wi...


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BMW places battery order worth USD 23.8 billion amid rising EV demand

The automaker is planning to use these batteries in its upcoming EVs. BMW had previously signed various battery cell contracts worth USD 14.2 billion. Bayerische Motoren Werke (BMW) AG has increased the orders for battery cells owing to the risi...


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TotalEnergies and Iraq ink USD 27 billion oil, gas, solar agreement

French multinational energy company TotalEnergies SE has reportedly signed a USD 27 billion contract for investing in oil, gas, and solar energy production in Iraq. Iraq’s oil minister Ihsan Ismail and Chief Executive Officer of TotalEnergies,...


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Fintech startup Skeps secures USD 9.5 million in a Series A funding

PoS fintech firm Skeps has recently raised USD 9.5 million in a Series A investment round led by Bertelsmann India Investments. The round also saw the participation of existing investor Accel. The new funds will be used to expand the sales, engineer...


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Maruti Suzuki hit by chip shortage, vehicle production tumbles by 60%

India’s leading automaker Maruti Suzuki recently stated that a chip shortage would cause a 60% drop in vehicle production in September. The company had predicted a partial production impact in August, but the cut in its Gujrat and Haryana plant...


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Koo records 10 million users amid Twitter’s tussles over new IT policy

Indian microblogging app Koo recently recorded 10 million users, further narrowing the gap with its American rival Twitter Inc. following the latter’s repeated clashes with the Indian government in the past few months.  For the record, Ko...


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Walmart launches new last-mile delivery service for other retailers

Walmart is upping its delivery services by debuting a B2B delivery service in the U.S. for other merchants as they clamber to secure deliveries before the holiday shopping season.  The retail giant has launched Walmart GoLocal, a delivery-as-a-...


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OneWeb launches 34 satellites, total in-orbit constellation reaches 288

The liftoff took place on 21 August at 11:13 BST. The satellites will belong to OneWeb’s 648 low earth orbit (LEO) satellite fleet. Bharti-backed global communications company OneWeb announced to have launched 34 new satellites by Arianesp...


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Renault-Nissan asked to pay higher wages for workers at Chennai unit

Nissan Motor Co. has reportedly been ordered to pay additional wages to its workers by an Indian arbitrator despite the company’s objections that higher payouts could make its business ‘unviable in the long run’. The arbitration tr...


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Aldi to raise wages and hire 20,000 U.S workers ahead of holiday season

Amidst the somber news of job losses during the COVID-19 pandemic, grocery Chain Aldi announced that it will hire over 20,000 new workers and raise its hourly wage rate in the U.S. as it prepares for the busy holiday season. According to sources, th...


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Singtel overturn Q1 loss with improvement in Optus, Airtel performance

Singtel, Singapore's leading telecom operator, recorded an improvement in its performance during the first quarter in comparison to the previous year. Net profit for Q1 2021 was around USD 328 million compared to a loss of USD 14.72 million for t...


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U.S. House Democrats call for USD 160 billion funding in the EV sector

A coterie of 29 U.S. House Democrats is reportedly asking congressional leaders to allocate an additional USD 160 billion in funding for electric vehicles as a part of the USD 3.5 trillion budget. Presently, a bipartisan USD 1 trillion infrastructur...


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Italian antitrust authority to probe into McDonald's franchise terms

AGCM, Italy's antitrust authority, will investigate the terms and conditions of McDonald's agreements with franchise operators after multiple complaints. AGCM’s action could pose a danger to the U.S. fast-food chain, making it liable t...


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Chinese cities begin mass COVID-19 testing amidst surge in Delta cases

China reported an increase in COVID-19 cases at the starting of the third week of its ongoing outbreak, with some cities already starting mass testing to suppress locally transmitted infections. The highly infectious Delta variant has been found in ...


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UGI teams up with Synthica Energy to produce renewable natural gas

Hamilton RNG Holdings LLC, a joint venture owned by a subsidiary of UGI Energy Services and Synthica Energy LLC, has reportedly signed various agreements to develop advanced food waste digester projects in Kentucky and Ohio. According to reliable so...


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Prudential, Citi, HSBC plan for closure of Asia’s coal-powered plants

Financial firms including BlackRock Real Assets, British insurance company Prudential, and banking institutions HSBC and Citi have reportedly been planning to accelerate the closure of their coal-fired power plants in Asia to cut down on the biggest ...


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CI NMF, Amp Energy India to jointly invest USD 200 Mn in renewables

Copenhagen Infrastructure Partners, one of the biggest renewable energy-centered fund managers worldwide, has signed an agreement with Amp Energy India Pvt Ltd. for joint equity investments of USD 200 million in renewables, using its Copenhagen Infra...


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CDC updates guidelines, calls for vaccinated people to mask up

The Centers for Disease Control and Prevention issued new guidelines suggesting that people who are vaccinated against Covid-19 wear masks in public as well as indoor areas where the rate of the disease is high. The CDC also stated that teachers, sta...


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iPhone’s hot streak could be hampered by global chip shortage crisis

Apple Inc. recently stated that the global chip shortage that has affected the sales of Macs and iPads, will now hit iPhone production and the expected revenue growth is likely to decelerate. This has resulted in lowering Apple’s shares. The c...


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EV maker Rivian bags USD 2.5 Bn in a funding round led by Amazon, Ford

American electric vehicle maker Rivian Automotive LLC reportedly secured USD 2.5 billion in a funding round led by Amazon.com Inc, T. Rowe Price, D1 Capital Partners, and Ford Motor Co. In addition, the event also saw participation from Fidelity Man...


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ICEA forms committee chaired by HP India MD to boost IT hardware sector

The India Cellular & Electronics Association (ICEA) recently announced the formation of a committee to promote manufacturing and exports of the IT hardware sector. The panel headed by Ketan Patel, HP India’s Managing Director, will set up a...


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Amazon to stop on-site COVID-19 testing in U.S. warehouses this month

Amazon is reportedly planning to discontinue on-site Coronavirus testing for its warehouse employees in the United States. The retail giant confirmed slowing down the testing by 30th July and will only resume after receiving new guidelines change fro...


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Ford partners with Oreo to develop special packaging for owner’s manual

Ford Motor Company and American sandwich cookie Oreo have teamed up to create special Oreo Thins packages featuring the Ford Maverick pickup truck owner’s manual. The two companies have termed this scheme the “Oreo Thins Protection Progra...


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Coca-Cola India to de-emphasize sugary drinks in sports sponsorships

Coca-Cola India Ltd. is reportedly planning to fade out its flagship ‘Coca-Cola’ brand from sports associations and is looking to pitch other products from its portfolio in the country. The decision has been made to reduce risks associat...


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Europe's new climate policy seeks to reduce emissions within a decade

The European Union is reportedly looking to forge ahead with climate policy action among the worlds largest greenhouse gas emitters, with a slew of plans to drastically reduce the emission rates by 2030. Once approved, the policies will enable the w...


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Foxconn in talks to develop an electric vehicle plant in Wisconsin

Taiwanese conglomerate Foxconn Technology Group is reportedly in advanced discussions with Wisconsin Economic Development Corporation (WEDC) to build an electric vehicle plant in order to expand income streams. Earlier in May, Foxconn and electric c...


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Lotus announces its last petrol sportscar as it shifts focus towards EV

British sports car company Lotus recently introduced its last petrol car, affirming its goal of becoming all-electric by the end of the decade and a bigger automaker. Lotus and its Chinese owner Geely aim to transform the small company that presentl...


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Wall Street banks amass USD 650 million in fees during U.S. IPO surge

Wall Street banks have reportedly witnessed the busiest week in 17 years with several companies such as Krispy Kreme Inc. and China-based Didi Chuxing Technology Co. managing to raise hefty sums during their initial public offering recently. Notably...


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Hodlnaut partners with Fireblocks to reinforce digital assets security

Singapore-based crypto borrowing and lending platform Hodlnaut recently revealed its partnership with Fireblocks, a leading enterprise-grade platform that provides safe and secure storage, provisioning, and moving of digital assets. The company aims ...


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Google might face antitrust lawsuit over Play Store operations in U.S.

According to reliable sources, tech giant Google is likely to face a lawsuit for violating antitrust regulations for its mobile app store from a group of U.S. state attorneys general. The potential lawsuit comes after several developers complained ab...


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MG Motors India announces relaunch of contactless at-home car services

Apart from the Indian government, companies from different verticals have taken measures to not only adapt to the new normal but also to reduce the spread of COVID-19 across the country. One such company, MG Motors India, has now announced to have re...


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Northvolt, Volvo to team up to develop, produce greener EV batteries

Reportedly, Volvo Car Group is planning to join forces with Swedish battery developer and manufacturer Northvolt AB, to develop and produce more sustainable batteries for its electric cars. As per the plans, the companies intend to set up a research...


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Netflix confirms producing fictionalized version of Spotify’s ascension

Over-the-top content streaming & production giant Netflix Inc. is reportedly working on an untitled series that tells the story of one of the most successful music streaming companies, Spotify Ltd. The six-part series, already listed on Netflix,...


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Edtech Byju’s is now India’s highest-valued startup at USD 16.5 billion

Byju’s, the largest education technology company, has emerged as India’s highest-valued startup after a USD 340 million funding round involving investors such as UBS Group, Blackstone, and Zoom founder Eric Yuan among others. Recently, B...


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LiDAR maker Hesai Photonics secures USD 300 million in Series D funding

Hesai Photonics Technology Co. Ltd., a leading Shanghai-based LiDAR company, has reportedly secured USD 300 million in a Series D funding round which was led by GL Ventures LLC, Xiaomi Corporation, Hillhouse Capital Group, Meituan, and CPE. The roun...


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Tesla terminates production of its Model S Plaid + variant indefinitely

CEO Elon Musk justified Model S Plaid as good enough against its successor. The Model S Plaid + was touted to be Tesla’s flagship vehicle, with a range of around 519 miles. After unveiling for the first time last year, American EV maker T...


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ByHeart concludes largest U.S. clinical trial for infant food product

ByHeart Inc., a New-York based infant, and baby nutrition company, has recently announced the completion of the largest clinical trial for new infant formula in the past 25 years. With this move, the company is earmarked to be the 4th FDA registered,...


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Uber witnesses a decrease in wait times as drivers return to work

Ride costs increased by 40% in April amid driver shortage. Hourly driver earnings surged by 85% with some U.S. drivers earning more than USD 40 per hour. American ridesharing technology company Uber Technologies Inc. has recently announced that ...


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Delhivery bags USD 277 million in latest funding round led by Fidelity

India’s largest independent e-commerce logistics startup Delhivery has reportedly raised USD 277 million during its new funding round. As per reliable sources, the round was led by Fidelity, an investment firm headquartered in Boston. The newl...


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Biobeat introduces innovative blood pressure monitoring wearable

Israel-based wearable remote patient-monitoring solutions provider Biobeat has recently unveiled a new wearable and continuous ABPM (ambulatory blood pressure monitoring) chest-monitoring device. Knowledgeable sources cited that ABPM can serve as a ...


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PharmEasy acquires Medlife to become India’s largest online pharmacy

API Holdings Private Limited-owned PharmEasy has reportedly acquired Medlife International for an undisclosed amount. The move allowed PharmEasy to emerge as the largest player in the Indian online pharmacy sector with the combined entity likely to s...


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Hyundai to rival Daimler, Volvo by launching fuel cell trucks in Europe

South Korean automotive giant Hyundai Motor Company will reportedly ship all-new models of fuel-cell trucks to Europe by the fourth quarter of 2021 to test the feasibility of commercial hydrogen-powered transport. According to reliable sources, the ...


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Zip reaches Europe and the Middle East with Twisto, Spotii acquisition

Australian financial technology company, Zip Co. Ltd., recently announced that it has agreed to acquire the remaining shares in European BNPL (Buy Now Pay Later) provider Twisto Payments and leading UAE-based BNPL provider Spotii. The core objective...


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Health tech startup Wheel bags USD 50 million in Series B funding round

Wheel, a leading Texas-based health technology company, has reportedly secured USD 50 million in its Series B funding round which was led by Lightspeed Venture Partners. Existing investors such as Silverton Partners, CRV, Tusk Venture Partners, and J...


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Japan sets aside USD 3.4 billion from green fund to boost hydrogen R&D

The Japanese government has reportedly allocated USD 3.4 billion from its green innovation fund to accelerate the research and development of hydrogen and promote its use for the next decade. For the record, Japan had previously aimed to raise the h...


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