UK: Firms still struggle with post-Brexit trading and red tape
  Author: Nikita Chaurasia

Businesses in the UK are still reportedly grappling after two years following the beginning of post-Brexit trading, as suggested by a new report. According to the British Chambers...


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XINGIMAGING, MITRO BIOTECH collaborate to offer contract research services
  Author: Nikita Chaurasia

Well-known drug development and imaging solutions firms, XINGIMAGING, LLC, and MITRO Biotech Co., Ltd., have recently announced that their plans of collaboration to provide comprehensive contract research services in C...


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Interfor Corporation acquires 100% equity interest in Chaleur Forest Products
  Author: Akshay Kedari

Following this funding, Interfor's long-term debt will hold a weighted average interest of 5.30% Interfor registered a Net Debt to the Invested Capital ratio of nearly 10% as of October 31, 2022 Interfor Co...


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Tatas in plans to acquire Bisleri in a deal worth USD 856 million
  Author: Nikita Chaurasia

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...


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Ukio raises $28M to offer comfort to working professionals across Europe
  Author: Nikita Chaurasia

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 ...


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Amazon’s AWS unveils 2nd infrastructure region in Hyderabad, India
  Author: Nikita Chaurasia

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. ...


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ESR's ARA and Export-Import Bank of China partner in a deal worth US$1B
  Author: Akshay Kedari

Leading real estate services and investment company, ESR Group Limited, has recently announced that its exclusively-owned subsidiary, ARA and the Export-Import Bank of China have inked a breakthrough collaboration in a...


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Circularise nabs $11M to bring circular economy to industrial supply chains
  Author: Akshay Kedari

Leading software platform, Circularise recently announced that it has raised $11.3 million (€11 million) in funding as part of its Series A round in a bid to advance its mission to bring a circular economy to indu...


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Sebi approves Adani Group’s proposal for additional 26% stake in NDTV
  Author: Akshay Kedari

Adani Group, an Indian conglomerate, recently opened an offer to acquire an additional 26% share in New Delhi Television (NDTV), which was positively accepted by the Indian market regulator Sebi. ...


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Amazon becomes first public firm to lose $1 trillion in market value
  Author: Nikita Chaurasia

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...


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Musk sold nearly $4B worth of Tesla stock since Twitter acquisition
  Author: Akshay Kedari

Elon Musk has reportedly sold out $3.95 billion of Tesla stock since completing the acquisition of well-known social networking firm, Twitter, late last month. Since the Tesla CEO...


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Crowdworks secures U.S. patent for method for selecting workers
  Author: Nikita Chaurasia

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 c...


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upGrad introduces UGDX to emphasize offline higher education
  Author: Nikita Chaurasia

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 i...


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Saudi Arabia & Foxconn form a Joint Venture to enter the EV business
  Author: Akshay Kedari

Saudi Arabia’s sovereign wealth fund has reportedly formed a JV (joint venture) with Taiwanese multinational electronics contract manufacturer, Foxconn to build and sell EVs, a move undertaken by the nation to re...


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GIC & ESR partner to form a JV to invest in Industrial & Logistics Assets
  Author: Nikita Chaurasia

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 log...


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Decentro secures $4.7M in Series A funding from Rapyd Ventures & others
  Author: Akshay Kedari

Renowned Bengaluru-based software company, Decentro has reportedly raised $4.7 million in a Series A round of funding, which was headed by the fintech venture capital arm of Rapyd - Rapyd Ventures. ...


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Asda stores acquires Co-op petrol forecourts for $693 million
  Author: Akshay Kedari

Renowned British supermarket chain, Asda has reportedly finalized its $693 million (£600 million) deal for buying the Co-op's petrol forecourt business. According to the...


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Twitter to charge $20 for paid verification as per new amendments
  Author: Nikita Chaurasia

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'...


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Apple sets new revenue record with double-digit growth in India
  Author: Nikita Chaurasia

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 co...


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Ant Group expands partnership with STB to bolster tourism in Singapore
  Author: Akshay Kedari

Renowned Alibaba Group’s affiliated company, Ant Group has reportedly expanded its collaboration with STB (Singapore Tourism Board) to make cross-border travel more convenient and seamless. ...


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LatticeFlow nabs $12M to eliminate blind spots in computer vision
  Author: Akshay Kedari

Renowned AI Startup, LatticeFlow, has recently announced that it has raised $12 million in a Series A funding round headed by Atlantic Bridge and OpenOcean. FPV Ventures, as well ...


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Napier unveils new financial crime risk management SaaS platform
  Author: Nikita Chaurasia

Renowned end-to-end intelligent compliance technology provider, Napier has recently unveiled a new innovative financial crime risk management platform, Napier Continuum. Apparentl...


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BP to buy Archaea for $4.1B to expand its alternate fuel business
  Author: Akshay Kedari

Well-known multinational oil and gas company, BP will reportedly purchase U.S.-based RNG (renewable natural gas) producer, Archaea Energy for around $4.1 billion. Apparently, the ...


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bolttech raises $1.5B in Series B funding round to accelerate its growth
  Author: Nikita Chaurasia

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, boltte...


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Stears raises $3.3M to offer enhanced data and insights in Nigeria
  Author: Akshay Kedari

Renowned data-powered intelligence startup, Stears, is delighted to announce a $3.3 million seed funding round headed by MaC Venture Capital. Apparently, Omidyar Group-owned Lumin...


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Saudi’s Seera Group, Air Connectivity Program ally to drive tourism air connectivity
  Author: Akshay Kedari

Saudi’s Seera Group, a reimagined Al Tayyar Travel Group, has reportedly collaborated with the Saudi Air Connectivity Program, an initiative the government took to enhance and develop tourism air connectivity in ...


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Stockly to raise another $12M to expand its operations & employee base
  Author: Akshay Kedari

French-based software startup, Stockly is reportedly raising another $12 million (€12 million) in a Series A round from Daphni, Eurazeo, and several other business angels. Ap...


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Alipay+ allies with Asian E-Wallets to boost cashless travel in South Korea
  Author: Akshay Kedari

Amidst rising efforts for promoting cashless travel, prominent mobile payment providers in Asia have recently announced an integration of the cross-border digitalized payment solutions from Alipay+ in South Korea. ...


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GIC to acquire majority shares in opulent Sani/Ikos properties
  Author: Nikita Chaurasia

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 resor...


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CATL unveils new Module to Bracket tech for heavy-duty electric trucks
  Author: Akshay Kedari

CATL, a Chinese battery manufacturer and technology company, has reportedly introduced a new battery technology known as Module to Bracket (MTB) for heavy-duty electric trucks. As...


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Sigmoid nabs $12Mn to expand its data engineering & analytics platform
  Author: Nikita Chaurasia

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. ...


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Cross Country Healthcare to buy assets of Mint & Lotus for locum tenens
  Author: Nikita Chaurasia

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 Medi...


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Cruise to unveil robotaxi service in Austin and Phoenix by 2022
  Author: Akshay Kedari

Cruise, an American self-driving technology unit, is reportedly all set to unveil commercial robotaxi services across Phoenix, and Austin, Texas, two major spots for autonomous vehicle development, in the next 3 months...


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CCMG teams up with COPC to improve South Africa’s contact centre industry
  Author: Akshay Kedari

Innovative global leader, COPC Inc. has reportedly announced a new partnership with the CCMG (Contact Centre Management Group) in South Africa. According to credible sources, this...


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Fraugster partners with Yuno to expand its footprint in the LATAM region
  Author: Akshay Kedari

Ultimate payment platform, Yuno has reportedly partnered with leading payments intelligence company, Fraugster, to offer easy access to online merchants for compliance, fraud prevention, and revenue uplift solutions wi...


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Ageas & eBaoTech partner to facilitate Digital Platforms’ Strategy
  Author: Akshay Kedari

eBaoTech Corporation, a technology solution provider, has recently publicized that its InsureMO® platform has been selected by Ageas Group (Ageas) for its digital transformation as part of the Group’s Impact2...


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Morgan Stanley claims RIL’s current investment cycle is less assertive
  Author: Nikita Chaurasia

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...


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Flipkart to spend USD 449.6 Mn on new automatic facilities in India
  Author: Nikita Chaurasia

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. ...


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Mercedes-Benz estimates 25% of sales in India from EVs in next 5 years
  Author: Nikita Chaurasia

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....


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Razorpay enters offline payments space with a USD 200 Mn Ezetap buyout
  Author: Nikita Chaurasia

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. ...


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Tencent to sell its Meituan stake amid regulatory pressure from China
  Author: Akshay Kedari

Tencent Holdings Ltd., a Chinese conglomerate, is reportedly planning to sell a fraction of its 17% stake in shopping platform Meituan to pacify domestic policymakers and capitalize on an investment made eight years ag...


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Crypto behemoth Coinbase reported USD 1.1 billion net loss during Q2
  Author: Nikita Chaurasia

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 t...


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Nvidia could see a 19% revenue drop in Q2 over slowing gaming business
  Author: Nikita Chaurasia

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 ne...


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LVMH outshines in Q2 as European recovery offsets sales drop in China
  Author: Akshay Kedari

Luxury good group LVMH Moët Hennessy Louis Vuitton reported second-quarter revenues beyond analysts’ expectations, with extensive progress in the United States and retrieval in Europe which helped mitigate t...


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Logitech chief positive over company’s growth despite quarterly loss
  Author: Nikita Chaurasia

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 month...


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Harley Davidson's production snag could jeopardize its profit outlook
  Author: Nikita Chaurasia

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...


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TCS eyeing North America expansion amid economic turmoil in Europe
  Author: Akshay Kedari

The statistical figures of Tata Consultancy Services (TCS) for Q1-FY23 have reportedly showcased a mixed outcome of revenues surpassing estimates but with disappointing margins. A...


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FDA to order Juul Labs to pull its e-cigarettes from the United States
  Author: Akshay Kedari

The U.S. FDA (Food and Drug Administration) is reportedly planning to instruct Juul Labs Inc. to stop supplying its e-cigarettes in the country. Shares of Altira, which owns a 35% stake in Juul Labs, fell to 8.5% after...


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Retailing giant Walmart working with several suppliers to lower prices
  Author: Nikita Chaurasia

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 ...


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Zomato net loss triples to USD 46 million despite 75% jump in revenues
  Author: Nikita Chaurasia

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 d...


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Indian food delivery giant Swiggy to buy Dineout from Times Internet
  Author: Nikita Chaurasia

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-d...


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MakeMyTrip reports 150% surge in super-luxury, premium hotel bookings
  Author: Nikita Chaurasia

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 trave...


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Marriott, Charge Zone partner to install EV charging stations in India
  Author: Akshay Kedari

EV charging network Charge Zone has reportedly partnered with Marriott International Inc. to install electric vehicle charging stations across the hotel chain’s Indian properties. ...


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Tobacco makers’ stock slips over Walmart’s plan to remove cigarettes
  Author: Nikita Chaurasia

Walmart Inc. is reportedly ending sales of tobacco in some stores which in turn has severely impacted shares of Philip Morris and Altria Group Inc., the latter known for selling Marlboro cigarettes in the U.S. The mult...


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Fresh animal protein e-com platform Licious bags USD 150 Mn in funding
  Author: Nikita Chaurasia

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 th...


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Aston Martin and Britishvolt to produce high-performance EV batteries
  Author: Nikita Chaurasia

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 n...


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South Korea’s Hyundai Motor Co boosts EV spending to USD 16 Bn
  Author: Akshay Kedari

As the viability of EVs is getting realized, auto manufacturers are increasingly directing their efforts towards this space. Recently, Hyundai Motor Co. announced plans to invest USD 79.21 billion through 2030, includi...


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Delivery e-bike startup Zoomo secures USD 20 Mn in Series B fundraise
  Author: Akshay Kedari

Zoomo, an Australian firm that makes utility e-bikes for delivery drivers, has closed its Series B round after raising an additional USD 20 million in equity funding. The round was led by Collaborative Fund and other s...


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India’s IPO boom delayed after high-profile startups tanked on listing
  Author: Nikita Chaurasia

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 lis...


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Crown Resorts accepts Blackstone’s takeover offer of USD 6.3 billion
  Author: Nikita Chaurasia

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. ...


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SoftBank plans an IPO for Arm after purchase deal with Nvidia collapses
  Author: Akshay Kedari

A deal for the sale of Arm Ltd. by SoftBank Group Corp. to Nvidia Corp, a U.S. chipmaker, has reportedly collapsed. It is believed that Arm will instead opt for an IPO rather than the sale, which could have been worth ...


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Audi eyeing to produce electric cars locally in India to boost sales
  Author: Akshay Kedari

Audi is reportedly contemplating the viability of fabricating electric vehicles domestically in India with a view to manufacture at threshold volumes and reach more customers, as the automaker intends to go all-electri...


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Edtech startup Scaler bags USD 55 Mn in Lightrock led-Series B funding
  Author: Nikita Chaurasia

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 star...


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Lamborghini India posts 86% growth with highest-ever sales in 2021
  Author: Akshay Kedari

Lamborghini India reportedly recorded an 86% growth in 2021 as compared to the previous year. The supercar manufacturer completed the delivery of 69 cars this year, according to the Head of Lamborghini India, Sharad Ag...


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Grocery delivery race among Indian startups stirs road safety concerns
  Author: Akshay Kedari

Indian grocery entrepreneurs have been enticing tech-savvy clients with the promise of 10-minute deliveries, however, this has prompted road safety concerns as bikers strive to fulfill strict deadlines. Flipkart, Walma...


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Mercedes-Benz to double down on its electric vehicle sales in India
  Author: Akshay Kedari

German luxury automaker Mercedes-Benz is seeking to increase sales of its electric vehicles in India, according to a senior business executive, with potential plans in works to locally manufacture its all-electric seda...


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Reliance buys controlling stake in NYC hotel in its hospitality push
  Author: Nikita Chaurasia

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 ...


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Daimler India records 10% growth, surpassing pre-COVID export levels
  Author: Akshay Kedari

Daimler India Commercial Vehicle (DICV) has reportedly beaten the pre-covid sales level of exports for its commercial vehicles, recording an upsurge of 10% as compared to its previous record. ...


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General Motors to deliver Hummer electric pickups starting December
  Author: Akshay Kedari

Edition 1 model of Hummer pickup accounted for 80% of the total reservation. The EV pickup truck boasts a driving range of 329 miles....


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Uber relaunches its shared rides offering as ‘UberX Share’ in the U.S.
  Author: Akshay Kedari

The shared ride option will allow users traveling in the same direction to share the ride in the same direction. UberX Share will offer a 5% upfro...


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Shell to make Britain its HQ amid tense relations with the Netherlands
  Author: Akshay Kedari

Multinational oil & gas company Royal Dutch Shell has announced a major restructuring of its tax and legal framework, which will see it walking away from the Netherlands amidst strained relations with the country t...


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Goldman Sachs offering an innovative way for investors to bet on SPACs
  Author: Nikita Chaurasia

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 me...


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Uber to obtain 50,000 Tesla electric vehicles through a deal with Hertz
  Author: Akshay Kedari

Ride-hailing giant Uber is set to obtain at least 50,000 Tesla electric vehicles as a part of its plan to expand its EV fleet. The announcement comes after Hertz recently ordered 100,000 EVs from Tesla by next year....


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Facebook ad revenue could face more brunt over Apple’s privacy changes
  Author: Akshay Kedari

After Snap Inc. failed to reach its revenue targets last week, investors are now fearing that Facebook’s ad revenue could also be severely impacted due to Apple’s privacy changes. ...


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Kedrion Biopharma expands to North America with Prometic acquisition
  Author: Nikita Chaurasia

Prometic Life Sciences has developed the first FDA-approved treatment for Congenital Plasminogen Deficiency. This acquisition will enable easy acce...


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Merchant commerce platform Pine Labs eyeing USD 1 Bn Nasdaq listing
  Author: Nikita Chaurasia

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 ...


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Fintech firm Xendit becomes a unicorn following USD 150 million funding
  Author: Akshay Kedari

Indonesian financial technology company Xendit has reportedly secured USD 150 million during a Series C funding round which was led by Tiger Global. Other investors that participated in the latest fundraising included ...


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Lamborghini expects sale volumes to hit record highs in India this year
  Author: Akshay Kedari

Italian luxury sports car manufacturer, Automobili Lamborghini S.p.A. is reportedly expecting substantial growth in sales volumes in India this year as the carmaker is experiencing a V-shaped upturn in demand after the...


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SK Group acquires 16.3% stake in VinCommerce for USD 410 million
  Author: Akshay Kedari

SK Group of South Korea has purchased 16.3% of Vincommerce, Vietnams leading retail business operator, for USD 410 million in a bid to broaden its presence in the Southeast Asian region’s customer retailer sector...


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SK Innovation might pull its battery business from the United States
  Author: Akshay Kedari

SK Innovation Co., a South Korea-based petrochemical, energy, and e-mobility battery manufacturer, has recently announced its plans of withdrawing its battery operations from America if U.S. President Joe Biden fails t...


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Fintech startup YAP secures USD 10 million in series B funding round
  Author: Akshay Kedari

YAP, a fintech startup that provides an API platform for banking and payments in Asia, has reportedly secured USD 10 million during a Series B funding round co-led by Omidyar Network India as well as Flourish Ventures....


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SpaceX’s valuation skyrockets with USD 850 million funding round
  Author: Nikita Chaurasia

According to reliable sources, California-based aerospace manufacturer and space transportation services company SpaceX, headed by Tesla’s Chief Executive Elon Musk, recently completed an equity funding round of ...


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Redefine Meat raises USD 29 Mn to commercialize 3D Alt-Meat printers
  Author: Nikita Chaurasia

According to reliable sources, Israel-based alt-meat start-up, Redefine Meat, raised a total of USD 29 million in a Series-A funding round led by venture capital firms Hanaco Venture Capital Ltd. and Happiness Capital ...


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Codingal raises funding from renowned startup accelerator Y Combinator
  Author: Nikita Chaurasia

Bangalore-headquartered online coding platform for K-12 kids, Codingal, has reportedly raised an undisclosed amount from American seed money startup accelerator Y Combinator and has been selected to a part of YC’...


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DataCore Software acquires Caringo; enhances its product portfolio
  Author: Nikita Chaurasia

Leading software-defined storage company DataCore Software has reportedly acquired Caringo Inc., with the intention to add object storage to its current software-defined portfolio of secure, flexible, and high-performa...


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Fujifilm to develop large-scale cell culture manufacturing site in U.S.
  Author: Nikita Chaurasia

In a bid to proliferate its biopharmaceutical contract development and manufacturing business, Fujifilm Corporation is reportedly planning to invest around USD 2 billion (200 billion yen) towards the development of a l...


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EMQ expands operations in South Korea to strengthen payment capabilities
  Author: Nikita Chaurasia

Hong Kong-based multinational financial settlement network EMQ Inc. has reportedly expanded its operations into South Korea to increase access to its global network ecosystem and offer more transparent as well as effic...


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Elevar Therapeutics and Inceptua partner to commercialize Apealea®
  Author: Akshay Kedari

According to reliable sources, U.S.-based fully integrated biopharmaceutical company, Elevar Therapeutics Inc., has signed an exclusive agreement with Inceptua Group for the commercialization and distribution of its no...


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Lionbridge sets up new labs to expand its gaming division capabilities
  Author: Akshay Kedari

In recent developments, U.S.-based localization and AI training data service provider, Lionbridge Technologies Inc., has reportedly established new gaming labs in Beijing and Jinan in order to enhance the capabilities ...


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Riversand, Valtech unite to offer cloud-based data management solutions
  Author: Akshay Kedari

Riversand Technologies Inc., an American cloud-based SaaS MDM (Master Data Management) solutions provider has reportedly entered a joint venture agreement with Valtech GmbH. The two companies will team up to deliver ad...


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Canada based GardaWorld raises its takeover bid for G4S to £3.7bn
  Author: Nikita Chaurasia

Canadian security firm GardaWorld has reportedly increased its takeover offer for G4S, a UK outsourcing group, to £3.68bn in a final bid for its bigger competitor. Speaking of the offer, GardaWorld stated th...


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Topshops owner Arcadia Group on verge of inevitable collapse
  Author: Nikita Chaurasia

Arcadia, an expansive retail business comprising of renowned fashion brands such as Topshop, Burton, and Dorothy Perkins, is reportedly on verge of an economic collapse putting about 13,000 jobs at risk. According to c...


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Chancellor Rishi Sunak pledges £100bn to transform UK’s infrastructure
  Author: Akshay Kedari

As per the statement of chancellor Rishi Sunak, Britain’s first nationwide infrastructure plan would provide a “once in a lifetime investment” of approximately £100 billion to drive the nation&r...


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Top Glove shuts down factories amidst rising COVID-19 cases in Malaysia
  Author: Nikita Chaurasia

  The company has reportedly ceased its operations after 2453 employees tested positive for the Coronavirus. The company’s share...


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Minerva Bunkering unveils ADP for better clarity in bunker deliveries
  Author: Akshay Kedari

Swiss supplier of marine fuels Minerva Bunkering has reportedly introduced an innovative solution called Advanced Delivery Platform (ADP) in a bid to increase efficiency and transparency during bunkering operations. Ac...


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AEGIS Hedging acquires Nexidus Commodities, debuts in metal hedging
  Author: Akshay Kedari

AEGIS Hedging Solutions a leading company offering technology and expertise for commodity and rate hedging, has recently announced the acquisition of a renowned commodity trading advisor and pioneer in metals hedging, ...


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Transom Capital acquires BridgeTower Media to expand its portfolio
  Author: Akshay Kedari

Transom Capital Group, a prominent middle market private equity firm, has reportedly made an announcement of acquiring BridgeTower Media in order to expand its reach in marketing and media domain. ...


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Advent to acquire Nielsen Global Connect business for USD 2.7 billion
  Author: Akshay Kedari

New York-based information and market assessment firm, Nielsen Holdings plc, has reportedly announced to have signed a definitive agreement with Advent International, a global private equity firm. As per the agreement,...


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Tata Consultancy, dotin Inc. partner to develop Workforce Analytics
  Author: Nikita Chaurasia

Indian multinational information technology services provider Tata Consultancy Services (TCS) Ltd. has reportedly signed a joint venture agreement with dotin Inc. to develop TCS Workforce Analytics, an innovative workp...


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Nokia, Greener Acres partner to boost smart city development in Canada
  Author: Nikita Chaurasia

According to reliable sources, Finnish multinational telecommunication, consumer electronics and information technology company Nokia Corp. has reportedly signed an agreement with Greener Acres Canada Inc. to collectiv...


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