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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