Autonomous vehicle startup Einride raises $25Mn in Series A funding
  Author: Akshay Kedari

As electric vehicles are taking the automobile industry by storm, autonomous vehicles are now set to become a new benchmark for many automakers. The technology is believed to hold great significance in the trucking ind...


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Micromobility startup Bird raises $275 million in Series D funding
  Author: Akshay Kedari

Growing need for modern transportation as well as sustainable urban mobility is resulting in the adoption of micromobility. Electric scooters are hoped to have a positive impact on the fight against air pollution, mark...


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InterGlobix Magazine and iMasons tie-up under a media partnership deal
  Author: Akshay Kedari

Due to the increasing innovations and discoveries in the technology field, various summit and conference are being conducted lately where enterprises get a podium to showcase their respective innovations to the world. ...


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Tastewise raises $5 million in a funding round led by PeakBridge
  Author: Nikita Chaurasia

Tastewise to develop its food intelligence platform with the new funding. An intelligence startup Tastewise, that offers data, analytics and insights platform for food brands and re...


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Cabot Announces Inauguration of its Fumed Silica Manufacturing Plant
  Author: Akshay Kedari

With increasing urban population in China, there is an noticeable increase in demand for automotive, construction, and infrastructural developments. Fumed silica is used in these sectors because of its enhanced perform...


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Link REIT, Allinfra announce collaboration on blockchain technology
  Author: Akshay Kedari

The nature of technology is that it can always be updated into a better version. Such upgradations can change the course of industries and can help markets expand worldwide. Blockchain is one such technology that has m...


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SPIG contracted to provide sea water cooling tower for Bahrain project
  Author: Akshay Kedari

As use of fresh water in power plants becomes less feasible due to low availability salt water cooling in water and power projects is gaining more popularity. Power companies as well as national governments are jointly...


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UK startup Gocardless gears up for its launch in the United States
  Author: Akshay Kedari

The ACH (Automated Clearing House) Network is a U.S. electronic payment network that processes financial transactions for consumers from one bank account to another and was the most chosen payment method cons...


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TCS partners with General Motors on its global vehicle program
  Author: Akshay Kedari

Every day it seems that technology is pushing the boundaries of the automobile industry. Whether it is a hybrid electric cars or self-driven vehicles, modern technologies are advancing the automobile sector like never ...


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Aldi to expand its London market share followed by surging sales
  Author: Akshay Kedari

Discount stores have taken the retail industry by storm, with more people favoring them over traditional supermarkets. In the past couple of years, discount supermarkets have witnessed rising sales. Moreover, leading p...


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Baidu invests US$200Mn in China’s AI company Neusoft Holdings
  Author: Akshay Kedari

The collaboration between Baidu and Neusoft will aid the development in smart city infrastructure, healthcare, and education.   This in...


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OnTime to offer Ethernet Switch & GPS time-server solution to Airbus
  Author: Akshay Kedari

OnTime will provide its CloudberryMIL CR-6900 Series to Airbus Defense and Space which will reduce the connectivity issues faced by military personnel. OnTime Netwo...


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J2 Acquisition invests $2.9 billion to acquire APi Group, Inc
  Author: Akshay Kedari

J2 Acquisition Limited, said that the company believes APi to be the ideal base for J2’s preliminary investment and is in line with its disciplined investment criteria. ...


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Atkore announces acquisition of Rocky Mountain Colby Pipe Co. assets
  Author: Nikita Chaurasia

Atkore expands product portfolio with acquisition of Cor-Tek™ by Rocky Mountain  Atkore International Group Inc., a US-based electric solutions provider ...


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WiseTech Global acquires U.S. logistic company Depot Systems
  Author: Akshay Kedari

Depot Systems will remain under MD Wally Morris’s leadership and will continue to offer container yard management solutions to its clients in the U.S. Global...


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Cafe Coffee Day (CCD) to initiate stake sale talks with Coca-Cola
  Author: Akshay Kedari

Coca-Cola is trying to expand its influence in the café space as its primary product is experiencing a slump. Indian c...


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United Parcel Service testing its self-driving cargo trucks in Arizona
  Author: Akshay Kedari

The testing is being carried out on the 100-mile stretch that connect Phoenix and Tucson, Arizona.   For the time being, human attendee...


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Biome Grow enters into supply & production contract with Cannabis NB
  Author: Nikita Chaurasia

Initially Biome subsidiary, Highland Grow Inc., will supply cannabis products in Nova Scotia. Biome also looks forward to expands its footprints ac...


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Lenovo signs a multi-year deal to develop HPC and AI with Intel
  Author: Akshay Kedari

The collaboration plans to emphasis on sections like ecosystem enablement, software optimization for AI and HPC convergence and systems and solutions. Intel Corp., ...


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New partnership allows AT&T customers to get Spotify Premium for free
  Author: Akshay Kedari

AT&T customers to reportedly enjoy Spotify Premium for free for over 6 months. This will allow the customers the benefit of more podcast and mu...


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Deem unveils first virtual payment program with partner Conferma Pay
  Author: Nikita Chaurasia

The latest program would empower corporations to use virtual payment solutions for travel expenditure, ranging from hotel bookings to airfare and ground transport. Deem Inc., a trav...


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Emerson opens new cybersecurity lab to boost digital transformations
  Author: Nikita Chaurasia

Emerson (EMR), a global engineering and technology company, has reportedly opened a new cybersecurity lab to support manufacturers to implement their digital transformation strategie...


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Volvo Cars ploughs money into two major Israel-based startups
  Author: Nikita Chaurasia

MDGo and UVeye have found an investment avenue for their operations via Volvo Cars Tech Fund for better reliability and quality in the transportation industry. The Swe...


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Sienna to start drilling on nickel-cobalt-copper project in Sweden
  Author: Akshay Kedari

Novel high-priority drilling targets were introduced in 2018 following electromagnetic surveys and geophysical work & sampling The project work...


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RoadBotics collects $7.5 million in a Series A funding round
  Author: Akshay Kedari

RoadBotics, an industry leader in road assessment recently collected $7.5 million in a Series A funding round led by venture capital firm Radical Ventures, which is focused on AI. Other investors in the funding round i...


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Chemesis International Inc. announces collaboration with Happy Tea
  Author: Akshay Kedari

The company will produce products of Happy Tea in its facilities based in the U.S. and will boost manufacturing as demand rises. Chemesis International Inc. has rep...


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Electrify America to offer fast-charging for HD’s electric motorbikes
  Author: Akshay Kedari

Electrify America plans to add approximately 800 charging stations with over 3,500 chargers by 2021 Harley Davidson has recently unveiled it industry-shaping partne...


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Nexus to build sterile injectable manufacturing facility in Wisconsin
  Author: Akshay Kedari

Nexus Pharmaceuticals, a biopharmaceutical company focused on research & development of critical-need injectable medications, recently revealed plans to invest $250 million to build a sterile injectable manufacturi...


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Gatwick Airport station renovation to cost an extra £30 million
  Author: Akshay Kedari

The proposed renovation is expected to double the size of the station’s concourse and install more escalators and lifts.   The pl...


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Supermarket chain HEMA to expand presence in the U.S. and Canada
  Author: Akshay Kedari

HEMA, a department store chain recently announced its plans to expand into Canada & the U.S. U.S. customers will now be enabled to buy HEMA household products through the online platform of the world's largest ...


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Digital Reasoning expands support to APAC with new Singapore office
  Author: Akshay Kedari

The new location would help the company meet key demands of the most significant financial institutions in the world Digital Reasoning has reportedly announced the ...


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Equistone inks agreement to acquire French group Vulcain Ingénierie
  Author: Nikita Chaurasia

The deal with Equistone will provide Vulcain with the support and resources that it needs to achieve global expansion Equistone Partners Europe, a leading marketing...


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Aeronext partners with MMC to expand industrial drone market in China
  Author: Akshay Kedari

The development of Aeronext’s 4D GRAVITY tech offer have an expanded range of applications that conventional drones previously lacked The next generation dron...


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MoneyGram sells $50m stake to Ripple, will use XRP on its platform
  Author: Akshay Kedari

The partnership will end the need to deploy foreign bank accounts, a reason why MoneyGram has a negative working capital Ripple, the cryptocurrency company, has rec...


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GM to expand hands-free Super Cruise driving system in Canada & U.S.
  Author: Nikita Chaurasia

· The automobile manufacturer added approximately 70,000 more miles to the hands-free driving system. · The additional miles would be made ava...


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China-based Ctrip enters into a strategic partnership with Oyo
  Author: Akshay Kedari

The collaboration between the two giants will add value to the hospitality landscape of China by empowering both the demand and supply side. China’s leading o...


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Reliance Capital sells stakes to Nippon, exits mutual funds business
  Author: Akshay Kedari

Reliance Capital, a financial services company has recently entered an agreement with Nippon Life Insurance of Japan, for exiting its stake in Reliance Nippon Life Asset Management, reports source. ...


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Engie and EDP join forces to build a global offshore wind energy firm
  Author: Nikita Chaurasia

The new JV would aim to have between 5 GW and 7 GW capacity of projects under operation or being built by 2025 French utility Engie and Portuguese power firm EDP ha...


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Toshiba Memory plans to buy back the shares held by Apple and Dell
  Author: Nikita Chaurasia

US tech companies were formally part of a group led by Bain Capital that acquired the memory chipmaker from previous parent Toshiba Corp Reports confirm that Toshib...


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Goldman Sachs acquires United Capital in its largest deal in 20 years
  Author: Nikita Chaurasia

With the proposed acquisition, Goldman Sachs aims to further consolidate its wealth-management business.   The move comes under the com...


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Volvo signs long-term battery supply deal with LG Chem & CATL
  Author: Akshay Kedari

The U.S. has recently sought to limit dominance of China in EV supply chain. Swedish luxury vehicle company Volvo Cars Group has reportedly announced that it has s...


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Volkswagen announces battery cell production plans in Germany
  Author: Akshay Kedari

Volkswagen, the German multinational automotive manufacturing company announced that it will invest over 1 billion euros in battery cell manufacturing at a facility in west Germany and is looking to simplify the group ...


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Hughes and Bharti Airtel to amalgamate their India VSAT operations
  Author: Akshay Kedari

The closure of the deal may take 9 to 12 months, depending upon regulatory clearances. Indian global telecommunication service company Bharti Airtel has reportedly ...


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Volkswagen approaches potential companies to sell MAN Energy Solutions
  Author: Nikita Chaurasia

VW anticipated MAN Energy Solutions to reach a valuation of around €3 billion ($3.36 billion) in a potential sale German automotive manufacturing giant Volkswa...


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Terex sells boom truck, truck crane & crossover segment to Load King
  Author: Nikita Chaurasia

Terex will continue to sell parts to its boom truck, crossover and truck crane customers during a possible one-year transition period. Terex Corp., a leading manufa...


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Shell amid talks with BP to buy its stake in the Shearwater O&G field
  Author: Akshay Kedari

Royal Dutch Shell holds a stake of 28% in Shearwater, while BP holds close to 27.5%. Discussions between oil and gas company Royal Dutch Shell and BP are reportedly...


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Rio Tinto to invest additional $302m in Arizona copper mine project
  Author: Nikita Chaurasia

Green energy innovations such as the electric vehicle, transmission technologies and battery storage are highly copper intensive Rio Tinto is reportedly planning to...


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PixelPin secures 1-5m funding to advance image-based authentication
  Author: Nikita Chaurasia

The new funds will be used to target new customers in the retail and finance sectors, as well as support continued product development PixelPin, a UK-based startup,...


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Volkswagen in talks to buy stake in EV joint venture partner JAC
  Author: Nikita Chaurasia

Apparently, JAC has been in discussions with VW for quite a while now, on extending its collaboration with the German giant on new energy vehicles. Germany-based au...


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World Class Extractions to invest $3 million in Alkaline Spring
  Author: Akshay Kedari

World Class has rights to refuse the supply of any hemp or cannabis extracts required in the business of Alkaline Spring. World Class Extractions Inc. has reportedl...


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Lufthansa Cargo and Cathay Pacific expand their joint venture
  Author: Nikita Chaurasia

Since the signing of the cooperation deal, Lufthansa Cargo and Cathay Pacific have collaborated on network planning and subsequently working on IT and service enhancements. ...


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Eni and HitecVision join forces to acquire North Sea assets of Conoco
  Author: Nikita Chaurasia

The sale would mark the exit of the Conoco from the ageing basin after 50 plus years of operations and is expected to rope in $2B Eni, an Italian multinational oil and gas company has teamed up with HitecVision, a private ...


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Tata forays into airport business through indirect stakes in GMR
  Author: Nikita Chaurasia

Infrastructural giant GMR group has reportedly announced that a consortium including Tata Group and two other firms will invest INR 8,000 crore toward its airport business. If reports are to be believed, Tata Group wil...


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Cytena secures €3M in funding to advance its single-cell technology
  Author: Nikita Chaurasia

The capital will help to broaden the sales activities of Cytena and capitalize on new applications Single-cells are used in the development of biop...


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Razer Tencent confirm partnership to enhance mobile gaming experience
  Author: Nikita Chaurasia

Tencent and Razer would work closely to optimize Tencent’s mobile games for Razer’s hardware The companies will further be exploring ad...


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Chemesis, First Medical Cannabis tie up to grow hemp in Puerto Rico
  Author: Nikita Chaurasia

Chemesis International has continued to expand its foothold on the island with the expectation that hemp would be legalized in Puerto Rico   ...


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Brookfield to acquire a $4.8B stake in Oaktree Capital Management
  Author: Nikita Chaurasia

With the acquisition, Brookfield aims to compete with industry giants such as the Blackstone Group.   The deal makes Oaktree the second...


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Vodafone, Thales join UK’s NBEC alliance for enhanced digital aviation
  Author: Nikita Chaurasia

Both the firms have joined the NBEC partnership, along with the founding partners Blue Bear Research Systems and Cranfield University   ...


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Veritas takes over Aptare Inc to enhance storage analytics capability
  Author: Nikita Chaurasia

The acquisition will strengthen the enterprise data reporting and analytics portfolio of Veritas for benefitting its customers Veritas, a market leader in data prot...


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BioSolar’s partner to manufacture & test commercial-grade Li-ion cells
  Author: Nikita Chaurasia

The company has successfully completed the initial phase of material preparation for developing full cell Li-ion prototype batteries. The company&r...


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NABCEP Solar Insure to provide insurance for certified professionals
  Author: Nikita Chaurasia

The partnership is aimed at offering insurance coverage at affordable rates to Board Certified solar professionals Reports confirm that the North American Board of ...


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Vodafone Idea, ShemarooMe team up to offer access to streaming content
  Author: Nikita Chaurasia

ShemarooMe’s wide range of regional content across genres would be accessible to Vodafone Play and Idea Movies & TV subscribers India’s telecommunic...


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Platinum Equity successfully takes over Lonza’s Water Care business
  Author: Nikita Chaurasia

The divesture has been valued at USD 630 million.   Lonza will reinvest some of the transactional proceeds in the Healthcare Continu...


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AirAsia declares the opening of a new technology center in India
  Author: Nikita Chaurasia

With this move, the company has added another feather in its global initiatives portfolio that is aimed to drive digital transformation for the airline. Malaysian a...


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Alinta Energy to build 214MW wind farm at Yandin in Western Australia
  Author: Nikita Chaurasia

Wind turbine manufacturer Vestas has been chosen to be Alinta’s engineering, procurement and construction partner for the project. Alinta Energy has recently ...


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Saputo to make its British entrance with acquisition of Dairy Crest
  Author: Nikita Chaurasia

Dairy Crest plans to advise its shareholders to vote in favor of the deal as it considers the terms of the deal to be fair and reasonable. Saputo Inc., a Montreal-b...


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Apple partners with Goldman Sachs to launch iPhone-linked credit card
  Author: Akshay Kedari

Both the companies would be able to expand their businesses and move beyond traditional products Technology major Apple Inc. and global investment banking firm Gol...


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The newly established research institute
  Author: Vikas M

The newly established research institute will look forward to forging partnerships with significant pharmaceutical and academic entities in the region. Tabula Rasa Heal...


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