Beijing reports increase in COVID-19 cases after first death in six months
  Author: Nikita Chaurasia

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


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India flags concern as rich nations want to extend mitigation to agriculture
  Author: Nikita Chaurasia

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


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ADB and Indonesia team up on coal power plant retirement contract
  Author: Akshay Kedari

The Asian Development Bank and Indonesia, along with a private power company announced partnering to refinance and retire a coal-fired power plant under a groundbreaking carbon emissions reduction program. ...


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1,000 EV charging points installed across Delhi in a year, cites Govt
  Author: Akshay Kedari

The city government has recently stated that it has completed the installation of around 1,000 EV (electric vehicles) charging points in a time span of less than one year under the Delhi EV policy 2020. ...


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N.Korea formulates measures for emergency health crisis & natural calamities
  Author: Akshay Kedari

North Korea has reportedly proposed new guidelines on several approaches to deal with the country’s natural disasters situation and emergency health crisis at an important parliamentary meeting, informed the stat...


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Seracle, Sumsub partner for offering enhanced KYC protocols and cybersecurity
  Author: Akshay Kedari

Sumsub will assist Seracle in building an innovative blockchain ecosystem Sumsub will offer enhanced security to Seracle at a time when losses due to cryptocurrency theft...


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Excelra, Patcore partner to offer enhanced digital insights to customers
  Author: Nikita Chaurasia

Excelra, a data and analytics solutions provider, has recently announced its partnership with Patcore, Inc., to provide better access to its analytics products and scientific data for customers in Japan. ...


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EU nations split on capping Russian gas prices amid high energy costs
  Author: Akshay Kedari

Amid working out measures to protect citizens and businesses from soaring energy bills, energy ministers of the European Union (EU) were reportedly divided on capping the prices of Russian gas during their meeting earl...


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Universal Entertainment takes over operations of Okada Manila resort
  Author: Akshay Kedari

Universal Entertainment Corp., a Japan-based manufacturer of gaming machines, has recently announced that its local representatives in the Philippines have taken over the operation of a gambling resort, Okada Manila, t...


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U.S. authorities ask Nvidia to ban export of prominent AI chips to China
  Author: Akshay Kedari

Nvidia Corporation, a company that designs computer chips, was instructed by U.S. officials to stop the export of two of the best computing chips to China for use in artificial intelligence (AI) projects. Apparently, t...


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Power Grid hampers 5G dream; pushes for outdated tech in electricity meters
  Author: Akshay Kedari

As India readies to launch 5G services in October, the state-run PGCIL (Power Grid Corporation of India) is still deploying obsolete and dated technology to install 1 crore smart electricity meters that can seriously j...


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Europe currently going through its worst drought in 500 years: Report
  Author: Akshay Kedari

According to the EDO (European Drought Observatory), Europe is experiencing its worst drought in around 500 years. There have also been reduced inland shipping as well as lower power production and crop yields, with a ...


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Pfizer-BioNTech’s COVID-19 shot found to be effective in kids under 5
  Author: Nikita Chaurasia

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


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USAID, ADB union to help Pacific reinforce economic & community resilience
  Author: Nikita Chaurasia

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


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U.S.-based Nexstar Media Group acquires majority stake in CW Network
  Author: Nikita Chaurasia

American media mogul Nexstar Media Group Inc. has become a majority owner of commercial broadcasting company The CW Television Network, as per the latest reports. Nexstar is expec...


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Tesla to procure nickel from Indonesia through a USD 5 billion deal
  Author: Nikita Chaurasia

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


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Oracle begins employee layoffs before announcing its quarterly results
  Author: Akshay Kedari

Oracle Corporation is reportedly planning to lay off thousands of workers as early as August, as the database and cloud services provider is getting ready to release its first-quarter financial results. ...


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Bank of England looking into continuously rising inflation in the U.K.
  Author: Nikita Chaurasia

The Bank of England has reportedly stated that it will take aggressive measures, if necessary, to prevent the inflation issue from becoming a prolonged challenge. Sources claimed ...


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Japan to extend support to India during its energy transition push
  Author: Akshay Kedari

Japan’s Industry Minister Koichi Hagiuda announced on Wednesday i.e., 13th July that the country is planning to assist India in steering its transformation process to clean energy by building on an initiative int...


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Foxconn increases annual forecast for 2022 amidst strong tech demand
  Author: Akshay Kedari

Foxconn, a prominent contract electronics manufacturer, has reportedly increased its full-year business outlook as a result of robust sales of servers and smartphones, despite concerns over demand drops due to rising i...


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China’s Great Wall Motor suspends USD 1 Bn investment plan in India
  Author: Nikita Chaurasia

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


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Tesla lays off 200 hourly workers as it closes its California office
  Author: Akshay Kedari

Tesla Inc. reportedly closed its San Mateo, California office to expedite cost-cutting and has let go nearly 200 workers who functioned on its autopilot driver-assistant system. Most of these employees were compensated...


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Google faces antitrust lawsuit from Danish job search entity Jobindex
  Author: Nikita Chaurasia

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


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Coca-Cola ranked the most powerful brand in U.S., as per the BSI score
  Author: Akshay Kedari

The Coca-Cola Company, an American multinational beverage corporation, has reportedly secured a Brand Strength Index (BSI) score of 93.3 out of 100, making it the strongest brand in the USA, according to a TradingPlatf...


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EU vows USD 630 Mn aid to vulnerable countries amidst Ukraine-conflict
  Author: Nikita Chaurasia

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


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E-comm to offer USD 8 Bn opportunity for digital ads in India: Report
  Author: Akshay Kedari

According to a recent study, e-commerce platforms are currently India's fastest-growing digital advertising medium and are expected to offer around USD 8 billion worth of opportunities by 2030. Roughly 300-350 mill...


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Germany to increase gas storage levels to prepare for upcoming winters
  Author: Nikita Chaurasia

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


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Adidas takes Nike Inc. to court over shoe and app patent infringement
  Author: Nikita Chaurasia

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


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DHL expects supply chain to not recuperate to Pre-Covid levels in 2023
  Author: Nikita Chaurasia

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


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U.K. likely to probe Apple and Google over mobile browser dominance
  Author: Nikita Chaurasia

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


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Exxon, Shell, Total, & Conoco to help expand Qatar’s mega LNG project
  Author: Nikita Chaurasia

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


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Coca-Cola India looking to attain 100% recyclability in bottles & cans
  Author: Nikita Chaurasia

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


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Asias factory operations slowed in May over China’s COVID-19 curbs
  Author: Akshay Kedari

As per reliable sources, factory operations in Asia slowed in May as China's stringent Coronavirus restrictions began to disrupt supply chains and weaken demand, compounding problems for some of the region’s ...


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Fashion industry falls short of environmental targets set up by the UN
  Author: Nikita Chaurasia

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


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EV growth likely to be hampered as lithium prices surge 500% in a year
  Author: Akshay Kedari

According to reliable sources, lithium prices have surged approximately 500% within just a year, which in turn could hamper the rapid expansion of electric vehicles and threaten the clean air movement. This development...


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SEC calls on Elon Musk over his late stake disclosure in Twitter Inc.
  Author: Nikita Chaurasia

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


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Luxury retailers relying on affluent buyers as inflation grips the U.S.
  Author: Akshay Kedari

Luxury retailers in the United States are reportedly depending on the deep pockets of their high-end customers to weather the inflationary storm that has engulfed the retail landscape. Off late, the retail environment ...


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Russia inches closer to debt default as U.S. pushes for license expire
  Author: Nikita Chaurasia

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


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Facebook-owner Meta to share more data on political advertisements
  Author: Nikita Chaurasia

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


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Hyundai’s U.S. investment expected to reach USD 10 billion by 2025
  Author: Akshay Kedari

South Korea's largest carmaker Hyundai Motor Group is reportedly planning to invest an additional USD 5 billion in the U.S. by 2025. The company aims to strengthen its collaboration with technological firms in the ...


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Russia denies plans of blocking YouTube & cutting off from the internet
  Author: Nikita Chaurasia

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


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McDonald’s to leave Russia after 30 years amidst Ukraine’s invasion
  Author: Akshay Kedari

After Ukraine’s invasion, multinational fast-food giant McDonald's Corp. is reportedly planning to sell all its restaurants in Russia, pulling operations from the nation after 30 years. ...


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Tyson Foods improves annual sales outlook as meat prices surge in U.S.
  Author: Nikita Chaurasia

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


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India teams up with Japan to develop affordable EV charging standard
  Author: Nikita Chaurasia

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


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White House to spend USD 3 billion on EV battery manufacturing in U.S.
  Author: Akshay Kedari

According to reliable sources, the Biden administration is planning to provide USD 3 billion in finance to reinforce EV battery manufacturing capabilities in the United States. The apparent funds will be issued by the ...


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Telefonica eyeing Israel’s high-tech sector to improve its portfolio
  Author: Akshay Kedari

Telefonica S.A. is planning to increase its investments in Israel’s high-tech sector this year, a senior official reported recently. The company, which is Europe’s third-largest telecommunications company, ...


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Harley-Davidson’s Q1 profit falls over chip shortages and rising costs
  Author: Akshay Kedari

Harley-Davidson Inc. reportedly saw a downturn in profit for the first quarter, owing primarily to chip shortages and rising costs despite an uptick in sales. The company's stock price was down 1.2%, trading at USD...


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Bank of Canada will continue to prioritize Canadian dollar over crypto
  Author: Nikita Chaurasia

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


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Worldwide military expenditure exceeded USD 2 trillion in 2021: Report
  Author: Akshay Kedari

Global military spending reportedly reached USD 2.1 trillion in the year 2021, with the U.S., China, and emerging as the three largest spenders, according to a report from SIPRI (Stockholm International Peace Research ...


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Norway’s wealth fund to support Bayer’s top management but not its CEO
  Author: Nikita Chaurasia

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


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China faces a spike in COVID-19 cases despite lockdown in various cities
  Author: Nikita Chaurasia

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


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UPI to continue defining the future of payment transactions: PwC India
  Author: Nikita Chaurasia

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


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Glenmark obtains DCGI nod for clinical study of its GRC 54276 molecule
  Author: Akshay Kedari

Glenmark Pharmaceuticals Limited has reportedly received approval from the DCGI (Drug Controller General of India) to perform phase 1 clinical trials of its novel molecule for advanced solid tumor patients. ...


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Meta to cease sharing of private residential info of public accounts
  Author: Nikita Chaurasia

Facebook’s parent company Meta has announced to have accepted Oversight Board’s recommendations on restricting users to share another user’s residential address if the account is “publicly avail...


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Russia looks to China for assistance with domestic microchip bank cards
  Author: Nikita Chaurasia

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


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Climate change could cost federal budget USD 2 Tn yearly: White House
  Author: Akshay Kedari

According to the White House, climate change might prove to be severely detrimental to the U.S. federal budget by the end of this century, resulting in a loss of at least 7.1% annual reserve, which is a whopping USD 2 ...


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Russia might suspend ISS cooperation until Western sanctions are lifted
  Author: Nikita Chaurasia

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


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Apple and Meta shared user data with hackers who used forged requests
  Author: Akshay Kedari

Tech giants Apple Inc., and Meta Inc. have reportedly shared user data with hackers who pretended to be part of an emergency data order request that law enforcement officials typically conduct. ...


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LinkedIn changes global policy over outrage on affirmative job posting
  Author: Nikita Chaurasia

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


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Apple to cut AirPods, iPhone output over looming inflation, low demand
  Author: Nikita Chaurasia

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. ...


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Sinopec seeks to make a record USD 31.1 Bn capital investment in 2022
  Author: Nikita Chaurasia

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 en...


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WHO claims every country failed to meet air quality benchmarks in 2021
  Author: Nikita Chaurasia

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 poll...


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Chevron union workers sacked from California unit before labor strike
  Author: Nikita Chaurasia

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 Steelworker...


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Australia to access Big Tech companies’ internal data on misinformation
  Author: Nikita Chaurasia

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 me...


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SoftBank sells USD 1 billion stake in e-commerce startup Coupang
  Author: Nikita Chaurasia

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. ...


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BMW recalls 1 million vehicles due to potential fire risks in the U.S.
  Author: Akshay Kedari

BMW recently announced a recall of more than one million vehicles due to a risk of an engine fire. According to BMW, the affected vehicles have a malfunctioning engine ventilation system, which might cause overheating ...


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KFC parent Yum! Brands halts development and investment in Russia
  Author: Akshay Kedari

As per reliable sources, KFC Corporation and Pizza Hut’s parent company Yum! Brands Inc. has halted its investments in Russia, a key market that had helped the food major achieve record development in the precedi...


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U.S., Europe edge towards Russian oil import ban over Ukraine crisis
  Author: Nikita Chaurasia

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 Congressio...


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Sony, Disney, and Warner Bros pull film releases over Ukraine invasion
  Author: Nikita Chaurasia

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 ...


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US banks prepare for cyber-attacks as sanctions against Russia tighten
  Author: Nikita Chaurasia

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...


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Lockheed, Microsoft collaborate to expedite 5G.MIL tech deployment
  Author: Nikita Chaurasia

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, lan...


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Facebook limits access of Russian media-related accounts in Ukraine
  Author: Nikita Chaurasia

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 sever...


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Google drops COVID-19 vaccine requirements for employees in the U.S.
  Author: Nikita Chaurasia

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 wor...


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LinkedIn’s Creator Accelerator Programme to assist 200 Indian creators
  Author: Akshay Kedari

LinkedIn is reportedly bringing its renowned Creator Accelerator Program to India, the country which is known to be its second-largest market after the U.S., with over 85 million active users.  The development com...


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Misinformation on social media holding back vaccination rates: Study
  Author: Akshay Kedari

The WHO had previously stated that vaccine hesitancy is one of the biggest threats to global health. A recent study further affirms this issue as a major problem, stating that rapidly spreading misinformation on social...


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Amazon and Reliance vying over Indian Premier League’s telecast rights
  Author: Nikita Chaurasia

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...


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Disney to build residential communities in the U.S. with local themes
  Author: Nikita Chaurasia

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 enterta...


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Tyson Foods to ease mask reforms as infection rates plunge in the U.S.
  Author: Akshay Kedari

Tyson Foods Inc. has reportedly scrubbed the mandatory use of masks for its fully immunized employees at some of its facilities in the United States. Those working at meatpacking plants will, however, be compelled to w...


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Vedanta and Foxconn team up to expand India’s chip-making capabilities
  Author: Nikita Chaurasia

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 Indi...


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

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 aid...


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Toyota, Honda profit-ambitious as customers pay more for limited cars
  Author: Akshay Kedari

Toyota Motor Corporation and Honda Motor Company Ltd. are reportedly optimistic about this year's profit outlook. The recent chip shortage has resulted in limited vehicle supply, further allowing the Japanese autom...


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Truecaller to come preinstalled on some Android phones in key markets
  Author: Nikita Chaurasia

Truecaller intends to cover 100 million new smartphones in the next two years. The call identification app has over 220 million active users in In...


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EU labels nuclear power & gas as sustainable despite internal protests
  Author: Nikita Chaurasia

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.&rs...


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GM reports 110,000 bookings for the Chevrolet Silverado electric truck
  Author: Akshay Kedari

According to General Motors chairman and CEO Marry Barra, the company has secured more than 110,000 reservations for its all-electric truck, the Chevrolet Silverado, including bookings from more than 240 fleet operator...


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Apollo HealthCo. in talks to raise USD 500 Mn via a minority stake sale
  Author: Akshay Kedari

Apollo Hospitals is reportedly in talks with a clump of private equity investors including SoftBank and General Atlantica to sell a minority stake in its pharma business, Apollo HealthCo. The 100% subsidiary of Apollo ...


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Tesla outperforms analyst expectations for Q4 revenue and profit
  Author: Akshay Kedari

Tesla Inc. has reportedly released its Q4 and calendar-year 2021 results, revealing USD 17.72 billion in revenue in the last three months of the previous year with the company’s automotive segment alone generatin...


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Bentley to launch its first fully battery-powered luxury car in 2025
  Author: Akshay Kedari

Luxury British carmaker Bentley, a subsidiary of Volkswagen Group, reportedly said that it will produce its first fully electric vehicle in 2025, ushering the company into the world of electric mobility. ...


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Ola Electric’s value soars to USD 5 Bn following a USD 200 Mn funding
  Author: Akshay Kedari

Ola Electric has reportedly raised USD 200 million in a fresh funding round, which has brought its valuation to USD 5 billion. This time, the EV maker has managed to secure funds from Tekne Private Ventures, Edelweiss,...


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SaaS Labs raises USD 42 Mn in Series B, acquires Callpage and Atolia
  Author: Akshay Kedari

SaaS Labs, a SaaS company that creates business automation tools for sales and support teams, has reportedly acquired USD 42 million in Series B round spearheaded by Sequoia Capital India, along with backing from exist...


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Sony loses USD 20 billion in market value on Microsoft-Activision deal
  Author: Akshay Kedari

Shares of Sony Group Corp. saw a 13% drop on January 19th, losing a whopping USD 20 billion in market value after rival Microsoft Corp. acquired video game developer Activision Blizzard in a USD 68.7 billion deal. ...


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Samsung to launch first-ever smartphone chip with AMD ray-tracing GPU
  Author: Akshay Kedari

Samsung has revealed the Exynos 2200, an in-house developed processor designed for use in mobile phones. It is the world's first mobile chipset with an AMD RDNA 2 graphics design GPU, which supports hardware-accele...


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India’s Gennova Biopharmaceutical working on Omicron-specific vaccine
  Author: Nikita Chaurasia

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 ...


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Tesla gets German nod to develop test cars at unfinished Berlin factory
  Author: Akshay Kedari

Tesla Inc. has reportedly received authorization to produce test cars at its unfinished German gigafactory. This approval comes as the EV maker continues to wait for the project's final permission, although Tesla w...


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Recykal secures USD 22 Mn in a fundraise led by Morgan Stanley India
  Author: Nikita Chaurasia

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 co...


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Power Gummies secures USD 6 million in 9Unicorns-led Series A funding
  Author: Akshay Kedari

Nutraceutical startup Power Gummies has reportedly raised USD 6 million during a Series A funding which was led by 9Unicorns. The round also saw participation from other investors such as NB Ventures, Sharpp Ventu...


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Sony to steer into the electric vehicle space with a new mobility unit
  Author: Akshay Kedari

Sony will establish a subsidiary, ‘Sony Mobility Inc.’ that will primarily focus on its EV business. The company unveiled a new electri...


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Apple becomes world's first company to reach USD 3 trillion valuation
  Author: Akshay Kedari

Apple Inc. recently became the first company to have a stock market value of USD 3 trillion, boosted by investor confidence that the iPhone manufacturer will continue to release best-selling products while foraying int...


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India inoculates 3.8 million teens over fears of third COVID-19 wave
  Author: Nikita Chaurasia

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 p...


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Bharat Biotech seeks DCGI approval to study Covaxin booster efficacy
  Author: Akshay Kedari

Bharat Biotech has reportedly applied to India's medicine authority for authorization to undertake clinical studies assessing the efficacy of the third dose of COVID-19 vaccine, Covaxin. The indigenous vaccine orga...


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Amazon to double down on Fresh brand to get ahead of rival Instacart
  Author: Nikita Chaurasia

With the rapid expansion of its Fresh brand, Amazon has now shifted to first-party grocery sales after losing to Instacart in the aggregator game. Sources confirmed that the retail behemoth has inaugurated its ninth Am...


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