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Renowned Dubai entities, the Dubai Civil Aviation Authority or DCAA, and Dubai Municipality have reportedly inked a memorandum of understanding (MoU) for collaborating on the Dubai Horizons project in a bid to plan dro...
In a quick turn of events, the shares in electric vehicle (EV) maker, Tesla dropped over 4% after the firm reported Q1 earnings after the bell. According to Refinitiv estimates, t...
Tesla, the prominent American electric carmaker, has reportedly planned to open up a new factory in Mexico, following other automakers in building their presence in the south of the U.S. border. Mexico's Pre...
Zoom Video Communications, the US-based technology company, has reportedly announced its plans to cut back around 15% of its employees as the company, that was overly used during the pandemic, faces slower growth. ...
Micron Technology, the leading memory chip manufacturer based in the United States, has reportedly estimated that the worst industry shortage in over a decade will make it challenging to return to a profitable business...
Incap UK, an electronics manufacturing service provider, is improving its machinery at its plant in Newcastle-under-Lyme by installing an automatic optical inspection device. This machine will have a larger maximum PCB...
Seed Group and Apeejay Education, one of the world's leading educational groups and a part of The Apeejay Stya and Svran Group, have joined forces to enhance the quality of education and develop cutting-edge teaching strategies. Seed Group is ...
A US court has rejected a $2.2 billion (£1.9 billion) merger between Penguin Random House, one of the largest book publishers in the world and Simon & Schuster, a reputed publishing rival. ...
India's largest indigenous management consulting company, Vector Consulting Group, recently announced its debut in the Indonesian market to expand its global reach. With the l...
Brookfield Asset Management is in discussions with Greenko to invest around $1 billion in the firm as the Hyderabad-based green energy startup intensifies its efforts to provide reliable energy solutions....
Lepaya, the Amsterdam-based power skills training provider, has reportedly acquired German digital communications trainer, vCOACH to expand in new markets and fortify its market presence. The deal comes on the back of ...
Next-generation dental care firm, SmileDirectClub, Inc., with its novel MedTech platform for teeth straightening, has reportedly announced a manufacturing technology for its advanced retainers in the firm’s FDA-a...
Beetel Teletech Ltd. and Indio Networks Pvt. Ltd. have recently announced a new distribution agreement. As part of this partnership, Indio's extensive line of wireless networking devices and solutions, which are de...
The stronger U.S. dollar led to a USD 900 million decline in Q2 revenue. IBM’s second-quarter revenues were supported by growing demand fro...
Wheelocity, a supply chain startup that manages fresh food supplies for on-demand delivery platforms in India, has reportedly raised USD 12 million in the Series A fundraising round as it strives to expand its workforc...
According to e-commerce logistics major Xpressbees, the previously launched same-day delivery service for direct-to-consumer brands has now been expanded to more than 1,000 cities and towns, which will help businesses ...
Hyundai Motor Company and Michelin have reportedly joined forces by signing a Memorandum of Understanding (MoU) for advanced research and development to produce next-generation tires for premium electric vehicles in th...
Since the crypto markets have been in a tailspin, investors in the industry have been on the fringes, reportedly dreading a critical downturn in the economy if not managed on time. ...
Joining the bandwagon of major conglomerates that have quit operations in Russia, IKEA has recently issued a statement claiming that it would close offices, liquidate factories, and reduce its strong workforce of nearl...
Oracle Corp., a cloud and enterprise software company, has reportedly outperformed Wall Street expectations in terms of quarterly earnings and revenue, as more firms raised their cloud spending while migrating to a hyb...
A leading, developer-friendly enterprise hyperautomation platform at the forefront of digital transformation, bringing order into enterprise automation chaos. ...
TOKYO, Japan and GHENT, Belgium – June 13, 2022 – Yokogawa Electric Corporation (TOKYO: 6841) and Waylay NV (“Waylay”) announce that Yokogawa has invested in Waylay, a lead...
Cafe company Tata Starbucks Private Limited has reported a 76% increase in its revenue to USD 81 million for the financial year 2021-22, as its net loss reduced significantly with easing Covid restrictions. ...
The new large-size commercial vans are planned for mid-2024 and mark Toyota’s first entry in this segment. Paris-listed shares of Stellanti...
Norwegian Air Shuttle ASA, Norway's largest low-cost airline, has reportedly placed orders with The Boeing Company for 50 Boeing 737 MAX 8 planes and secured options for 30 more planes, the prices of which have not...
BMW is reportedly exploring new investments in geothermal, solar, and hydrogen energy to reduce its dependence on natural gas, according to Milan Nedeljkovic, the company's Production Chief who signaled that a Russ...
Walmart Inc. reported lower-than-expected earnings which sent its shares down by more than 8%. The company claims that its profits were predominately hampered by inflation, especially the surging fuel and labor costs.&...
JetBlue Airways has reportedly filed a hostile takeover attempt for Spirit Airlines after the low-cost carrier rejected a USD 3.6 billion acquisition deal to merge with Frontier Airlines. ...
Israel-based Bookaway Group has reportedly raised USD 35 million in a Series C funding that was spearheaded by Red Dot Capital Partners, along with added investments from Menorah and Tel Aviv listed insurance giant, Te...
Paymob, an Egypt-based fintech firm, has reportedly raised USD 50 million in a recent Series B fundraising that was led by Clay Point, Kora Capital, and PayPal Ventures. The latest round brings the company’s tota...
Zubale specializes in quickly connecting temporary workers with businesses in need of labor. The company expects to triple its revenues by 2022....
CoinDCX, an Indian crypto exchange firm has reportedly raised USD 135 million in a fresh funding round which has taken the company’s valuation to USD 2.15 billion (post-money) in eight months. ...
Thoma Bravo is reportedly planning to acquire Texas-based SailPoint Technologies at a valuation of USD 6.12 billion as part of its elevated ambition for expanding its portfolio into the security software space. ...
According to a recent study by China Passenger Car Association, the country’s strategy to combat COVID-19 has severely affected its electric vehicles factories’ output in March with Tesla Inc.’s opera...
Since it began operations in India in 2007, Lamborghini has delivered 400 Lamborghinis throughout the country, representing an 86% increase. With outlets in Mumbai, Bengaluru, and Delhi, Lamborghini has outperformed it...
BMW AG is reportedly planning to make a foray into battery manufacturing to expand on its electric vehicle portfolio. The luxury automaker brand will now mirror the footsteps of Volkswagen Group, General Motors Company...
The resort will have 20 personal tents, with one presidential gazebo and two interwoven canopied suites. This new addition will join Marriott Bonvo...
CommerceIQ, a retail e-commerce platform, has reportedly bagged USD 115 million in a Series D funding round that was spearheaded by Softbank Vision Fund 2, now valuing the company over USD 1 billion. ...
India’s largest retailer in terms of revenue, Reliance Retail, has reportedly acquired an 89% equity stake in Clovia for USD 125 million. The D2C brand is owned and run by Purple Panda Fashions Pvt. Ltd. and will...
Automotive giant Stellantis reportedly expects to double its revenue to USD 335 billion a year by 2030 while maintaining high-profit margins as it intensifies its efforts to roll out electrified versions of its popular...
Aston Martin anticipates a strong turnaround as it focuses on new launches, more profitable models, and plans to increase prices across its line-up. Better sales have helped the British luxury carmaker narrow its annua...
Starbucks is reportedly facing heavy public criticism in China for the second time in less than three months after an incident at one of its outlets led to an uproar on state media as well as by online users. ...
According to the World Trade Organization, global trade bottlenecks are primarily being caused by sudden spikes in demand rather than supply chain disruptions, and this pressure is likely to ease in the coming months....
Match Group-owned Tinder and Bumble are two of the biggest online dating companies, of which, the former has established a big position in Europe. Aiming to catch up in this market, Bumble Inc has reportedly bought Fra...
Wasabi Technologies has reportedly opened a new storage region in Equinix Paris to cater to the elevated demand for its hot cloud storage and to be in proximity to its customers as well as partners throughout France....
India’s food delivery behemoth Swiggy has reportedly bagged USD 700 million in a Series K funding that was spearheaded by Invesco, now valuing the seven-year-old startup at USD 10.7 billion. The recent developmen...
McDonald's Germany has reportedly teamed up with Targomo, a location intelligence business, to meticulously plan its expansion requirements. Targomo uses Artificial Intelligence (AI) to analyze geospatial data and ...
Your-Space, a student housing startup, has secured USD 10 million in Series A funding from a group of investors to help it further expand its services. The company managed to secure fresh investments through a combinat...
INDmoney, an Indian wealth management platform, has reportedly secured USD 75 million in a Series D funding round that was co-led by Tiger Global, Dragoneer, and Steadview Capital. The firm intends to use the fresh fun...
Volkswagen is reportedly planning to ramp up its electric vehicle (EV) offense in the world's largest auto market, China in 2022. The announcement comes after the German automotive giant failed to miss out on its s...
Tesla Inc. has reportedly signed its first nickel supply agreement in the U.S., choosing Talon Metals Corporation’s Tamarack mining project in Minnesota. The automaker intends to manufacture the battery metal for...
Hexagon AB, a global pioneer in digital reality solutions that combines sensor, software, and autonomous technologies, has announced the acquisition of Minnovare, a leading producer of underground drilling technology t...
Samsung Electronics Co. Ltd. is set to deliver a record Q4 profit due to strong demand for server memory chips and stronger margins in contract manufacturing, according to analyst estimates. ...
BMW Group India has reportedly logged its highest growth in 10 years last year as it delivered 8,876 units of vehicles including both MINI and BMW models, along with 5,191 motorcycle units. Sources stated that 8,236 ve...
Pfizer’s antiviral pill demonstrated a whopping 90% efficacy rate in preventing hospitalization and deaths. Merck’s molnupiravir has seen some setbacks after France canceled its order in Decemb...
Indian automotive giants Tata Motors and Mahindra & Mahindra Ltd. are reportedly looking into ways to deal with the global semiconductor chip shortage in 2022 to avoid any production disruptions. The development co...
Nike's second-quarter sales had increased by 12% in North America. Even the company's overall revenue had surged by 1%, reaching 11.36 bill...
Zara’s owner Inditex along with H&M have reportedly recorded a surge in sales volumes that reached pre-pandemic levels, as the two leading fashion retailers witnessed rapid demand recovery despite challenges ...
Novavax COVID-19 vaccine will be for children aged from 3 and above. Serum Institute of India (SII) has decided to halt vaccine production as supply has outpaced demand....
Indian ride-hailing giant Ola has reportedly raised USD 139 million and is now valued at USD 7.3 billion. The news comes ahead of Ola’s planned initial public offering (IPO) which is scheduled for the first half ...
In the face of global nutrition crisis, investors handling USD 12.4 trillion worth of assets are urging governments and food & beverage businesses to speed up the transition to healthier product offerings. ...
E-commerce corporation eBay has entered into an agreement with and Sneaker Con Digital to acquire the latter’s sneaker authentication business. The acquisition is an expansion of the ongoing partnership between S...
Royal Dutch Shell plc has reportedly cut the crude processing capacity at its center in Singapore by half and curtailed fuel exports, as the company shifts away from fossil fuels in order to reduce emissions and fulfil...
Daimler India Commercial Vehicles Pvt. Ltd., a subsidiary of German automotive corporation, Daimler AG has registered a net loss of over USD 57.2 million for the fiscal year ended March 2021, making it the fourth conse...
California-based electric carmaker Canoo is planning to expand its U.S. footprint by setting up its new headquarters and an advanced manufacturing industrialized facility in Bentonville, Arkansas, a city best known for...
AI-based tech startup Advantage Club has reportedly raised USD 5 million in its latest funding round. The fundraising was done in two parts, with USD 3.3 million invested by Jetty Ventures, SMC Advisors, Earlsfield Cap...
The announcement comes after the FDA recently approved the BioNTech and Pfizer COVID-19 vaccine for children. The U.S. Centers for Disease Control ...
The African Union is reportedly set to purchase nearly 110 million shots of COVID-19 vaccines from American pharmaceutical biotech company, Moderna, Inc. The agreement, which is partially brokered by the White House, w...
Bangalore-based fintech startup CRED has reportedly secured USD 251 million in Series E funding round led by Tiger Global Management LLC and Falcon Edge Capital LP. This is the company’s third funding round in 20...
South Korea-based AI investment solution company Fount has reportedly raised USD 33.4 million in a Series C funding round. The company intends to use the fresh funds to acquire a new talent and boost its machine learni...
The company’s battery swapping unit will operate under the Huan Huan brand in China. Gogoro is aiming to open 80 battery swapping stations in...
Tesla Inc. has reportedly delivered a record-breaking 241,300 electric vehicles during the third quarter of this year, significantly exceeding expectations. The news comes as other U.S. automakers have been experiencin...
Major German airliner Deutsche Lufthansa AG is expected to raise USD 2.5 billion by issuing new shares to the public, to repay a portion of the German government’s financial aid which had been received during the...
Samsung Electronics is likely to uphold its top position as the world’s largest memory supplier in the third quarter this year, backed up by a strong memory demand. The South ...
Jungle Ventures has announced to have secured USD 225 million during its first close of Fund IV, as the venture capital company aims to bolster its successes across Southeast Asian as well as Indian startups. This four...
Chevron, an American multinational energy corporation, is reportedly planning to manufacture a sustainable aviation fuel test batch at its El Segundo Refinery. The company seeks to sell the test batch to Delta Air Line...
The Gurgaon-headquartered logistics firm Delhivery has reportedly secured USD 76 million from Lee Fixel’s firm, called Addition LLC, during a Series l funding round. This development comes after the startup had b...
Amidst the surge in unemployment rates during the COVID-19 pandemic, Walmart Inc. is reportedly looking to hire around 20,000 workers at its supply chain facilities and fulfillment centers. The retailer intends to fill...
Fitness tracker startup Whoop has raised USD 200 million in a new funding round led by Japan-based SoftBank’s Vision Fund 2, valuing the company at USD 3.6 billion. With the fresh capital, the valuation of the we...
Enterprise identity and data protection technology firm ForgeRock has recently applied for an initial public offering (IPO) to catch up with the market. Increasing cyberattacks on all sizes of organizations have added ...
Two of the greatest players in the Indian payments sector, HDFC Bank and Paytm have entered into a strategic partnership to share their networks and jointly offer payment solutions like point-of-sale machines, payment ...
South Korea-based online thrift marketplace Danggeun Market has reportedly raised USD 162 million in a Series D round led by DST Global, pulling the company’s valuation to USD 2.7 billion. ...
HSBC Holdings has agreed to purchase assets of Axa Singapore for USD 575 million, a move that will help the banking giant to expand its wealth-management business in Asia. The deal is considered to be HSBC’s larg...
US-based video-game software developer Unity Technologies has reportedly agreed to acquire Parsec, an application that enables gamers and creative professionals to work together from anywhere across the world. ...
Oil prices dipped 2% on 9th August, recording a three-week low, while dragging out the previous week's hefty loss spree. This price decline was mainly driven by a stronger U.S. dollar and concerns that COVID-19 rel...
According to reliable sources, U.S. stocks surged, and oil prices dropped recently amid mixed signals among investors about economic growth data and corporate earnings. Even Wall Street’s primary stock indexes we...
Iceland-based cargo airline Bluebird Nordic plans to go big with the announcement of expanding its existing B737-800 aircraft fleet through the addition of 25 units by the end of 2024. The move is likely to be a game-c...
Apparel-centric platform GOAT Brand Labs has reportedly raised USD 36 million in its first funding round that was led by Flipkart Ventures, Tiger Global Management, and Mayfield. The new funds involve a mix of equity a...
The Indonesian e-commerce platform, Bukalapak is reportedly planning to secure about USD 1.5 billion in its largest IPO on 6th August 2021, presaging a plethora of domestic tech listings. The company will upsize its of...
Infina, which calls itself the Robinhood of Vietnam, has reportedly raised USD 2 million in a seed funding round with oversubscriptions. It saw participation from Nextrans, 500 startups, 1982 Ventures, Venturra Discove...
Max Healthcare, boasting over 15 super specialty hospitals, integrated home care and diagnostics services in India, has reportedly launched the country’s first-ever artificial intelligence-powered device integrat...
Motorway, a U.K. car bidding & selling platform, has reportedly secured USD 67.7 million during a Series B round that was led by Index Ventures in tandem with new investors including Unbound and BMW i Ventures. Exi...
London-based Vault Platform has reportedly secured USD 8.2 million in a Series A funding round led by Google’s artificial intelligence-focused Gradient Ventures. The funding round also saw participation from Illu...
Indian motorcycle manufacturer TVS Motor Company Limited is reportedly launching two new vehicles in Iraq and opening a new showroom in Baghdad. The move will allow the multinational motorcycle company to reinforce its...
Faculty Science Ltd., a British AI startup, has reportedly secured USD 42.5 million during a growth funding round which was led by a private equity firm Apax Digital Fund. According...
The profit margin of JD Logistics has risen by 8.5% between January and September 2020. The revenue share from external customers also increased by...
Finnish multinational telecommunications giant Nokia Corporation has recently announced that it will assist Swisscom in upgrading the Swiss operator’s existing transport infrastructure to a fully automatic and su...
Indonesian mutual fund investing application Bibit has reportedly raised USD 65 million in another growth funding round led by Sequoia Capital India, which led a USD 30 million growth round in the app four months back....
Riskcovry, an Indian digital insurance provider has procured USD 5 million in an Omidyar Network India-led Series A funding round. Companies including Pentathlon Ventures and DMI Sparkle Fund also participated in the e...
A study shows that Ferrari S.p.A, an Italian luxury sports car brand, has been witnessing a continual decline in its online search numbers over the past decade. The fact that Ferrar...
Chinese multinational automotive giant Zhejiang Geely Holding Group Co. Ltd., commonly known as Geely, has reportedly abandoned merger talks with sister company Volvo Cars. Instead, the duo intends to launch a new unit...
California-headquartered insurance technology company Trov, Inc. has reportedly initiated a joint venture with electric vehicle (EV) sharing platform Zoom EV as a part of its business expansion program. Following the a...
Twitter, an American microblogging and social networking service firm, had reportedly tried buying the Indian social media startup ShareChat and use its short video platform Moj as a global competitor to TikTok. ...
One Rock Capital Partners LLC, along with its affiliate Metropoulos & Co., has reportedly signed a definitive agreement to acquire Nestlé Waters North America (NWNA) from Swiss multinational conglomerate Nes...
Rivian Automotive Inc., an electric-vehicle startup, which is funded by Ford Motor Co. and Amazon.com Inc., is reportedly planning to go public later this year, with a current valuation of over USD 50 billion. Sources ...
With a positive application outlook in key industry verticals such as wastewater treatment, industrial processing, life sciences, HVAC, and transportation, the global separation machinery industry has been gaining a lo...
Sony’s operating profit during the Q3 2020 surged by 20% and had reached USD 3.41 billion. The company expects to sell around 7.6 million Pla...
American multinational hospitality company Marriott International Inc. has revealed its plans of opening 100 new properties in Asia-Pacific in the year 2021. Last year, the hospital...
Leading artificial intelligence solutions provider SparkCognition has reportedly partnered with SkyGrid for developing and deploying AI-based cybersecurity systems on drones to protect them from zero-day attacks during...
According to reliable sources, luxury car manufacturer Mercedes Benz India Pvt. Ltd. is planning on launching around 15 new cars in an attempt to boost its sale figures in 2021. Moreover, the company also revealed plan...
Swedish luxury car manufacturer, Volvo AB has announced plans to triple electric vehicle production capabilities at its manufacturing facility in Ghent, Belgium, from the year 2022. ...
According to reliable sources, Chinese multinational technology company Alibaba Group Holding Ltd. is planning to secure around USD 5 billion by trading its dollar-denominated bonds this month. The proceeds are expecte...
In a move to highlight its expansion prospects, Los Angeles based premier dietary supplements giant, Herbalife Nutrition, reportedly declared its plans to repurchase USD 600 million worth common shares from Icahn Enter...
Amidst the ongoing wave of mergers, acquisitions, and collaborations, autonomous delivery firm- Nuro has recently announced taking over a startup formed by veterans of Google, Apple, and Uber Technologies Group- Ike in...
Texas-based renting service company Rent-A-Center Inc. has reportedly signed a definitive agreement to acquire leading provider of virtual lease-to-own (LTO) solutions, Acima Holdings LLC. Sources familiar with the mat...
Australian buy now pay later (BNPL) services provider Openpay Group Ltd. has reportedly launched its operations in the U.S. market. The company has also appointed a U.S. executive team in order to support the impending...
Oracle Corporation is not the only technology company to relocate from California. Unlike Texas or any other states, California currently has the h...
In recent developments, New York-headquartered investment group MSP Sports Capital has reportedly purchased a 15% minority stake in McLaren Racing Limited. The long-term investment will include an initial payment of US...
Reportedly, American vacation rental online marketplace company Airbnb Inc. has insisted hosts who use third-party software while managing bookings to abolish service fee paid by guests. Hosts will now be required pay ...
Taking on the social media giant Facebook, Google Maps has reportedly introduced its “Community Feed”, a recent upgradation which Google calls its new feature. A series of updates comprising posts from a lo...
As the deadline for Brexit comes near, carmakers in the UK are expressing concern over being hit by tariffs if the UK and EU do not agree to a trade deal. While trade between the EU and the UK will be governed by new r...
SIA (Singapore Airlines), a flag carrier airline of the country of Singapore, has reportedly raised over $500 million through private placement of 10-year long bonds. The secured amount was raised to $500 million from ...
7 Hills Pharma, a clinical stage immunotherapy company that develops drugs and treatment options for preventing cancer and infectious diseases, has reportedly announced that the initiation of Phase 1 trial of 7HP349. A...
Meat-Tech 3D, a leading developer of cultivated meat production technologies that uses advanced 3D bioprinting, has reportedly announced that it raised $7 million from a new investment round that was led by Tel Aviv ba...
U.S.-based Fortune 500 company Spectrum Brands Holdings Inc. has reportedly announced the acquisition of Armitage Pet Care Limited for around USD 180 million. Sources close to the m...
Healthcare Outcomes Performance Company (HOPCo), a leading provider of musculoskeletal value-based healthcare services, has reportedly announced the acquisition of Stryker Performance Solutions’ health system ort...
Bluegem Capital Partners, the London-based mid-market private equity Fund, has reportedly announced that its portfolio company Pool Service has acquired Italy-based Panzeri Diffusion. The firm that will be created from...
Tipalti, a pioneer in global payables automation solution announced that it has raised $150 million at a valuation of over $2 billion, bringing the total capital raised to about $280M million for a B2B fintech company....
Flower One Holdings, Inc., has reportedly signed a term debt loan agreement for a sum of USD 39 million with Subversive REIT. As per the deal, Flower One gave Subversive REIT an option of two years for pursuing a sale-...
Securitas, a Sweden based security services firm, has reportedly announced the acquisition of the electronic security businesses of US based security system provider, Stanley Security Solutions, located in Portugal, In...
New Hampshire-based in-vitro diagnostics expert American Laboratory Products Co. Ltd. (ALPCO) recently announced the recapitalization of its enterprise by Ampersand Capital Partners, a middle market private equity firm...
Qualtrics, a Utah-based software company that focuses on the experience management (XM) category, has recently announced that it has inked a partnership deal with Safe & Reliable Healthcare (S&R), a renowned pl...
Fulcrum Biometrics, Inc. has announced a strategic acquisition of Delaney Secure Ltd., a UK-based biometric company specializing in cloud-based time and attendance and access control. The acquisition is seen by many as...
Integrated Polymer Solutions ("IPS"), one of the leading companies in engineering and designing elastomeric components and tools for military, aerospace, and biopharma, has reportedly acquired MAST Technologi...
Bionano Genomics, Inc., California-based genome analysis firm has reportedly announced its acquisition of genetic diagnostics company, Lineagen Inc. in a bid to accelerate diagnostic procedures regarding comprehensive ...
Amplyx Pharmaceuticals, a renowned clinical-stage biopharmaceutical firm that develops innovative treatments for life-threatening and debilitating diseases for people that have a compromised immune system, has reported...
Renowned pharma company Sanofi has reportedly planned to take over Principia Biopharma Inc. Under this definitive agreement, Sanofi will be acquiring all of Principia’s outstanding shares for a valuation of USD 1...
The US-based private equity firm Advent International has reportedly announced plans to acquire a majority stake in leading consumer packaging company Hermes UK, seeking to capitalize on the boom in online shopping ami...
MRI Software LLC, a leading provider of real estate software applications and hosted solutions, has reportedly acquired Housing Partners to strengthen its suite of residential property management software. ...
LGM Pharma, an innovation-driven API, and procurement specialist has reportedly announced that it has acquired the Nexgen Pharma Inc's formulations and drug product contract business. This acquisition integrates LG...
Finnish telecommunications and consumer electronics major, Nokia, has reportedly announced that it has provided its Nokia 5G standalone industrial-grade wireless network to Sandvik Mining and Rock Technology. Built on ...
Danaher Water Quality Platform, a renowned enterprise that focuses on addressing critical water sector challenges, has reportedly announced the acquisition of Aquatic Informatics, a leading mission-driven software ente...
Hinterland Metals Inc., a junior mineral exploration firm based in Canada, has reportedly announced that it has inked a binding LOI (letter of intent) under which it would acquire all outstanding shares of Toronto-base...
American retail giant, Walmart Inc. has recently announced that it will be collaborating with Tribeca Enterprises to transform almost 160 of its U.S. store parking spaces into temporary drive-in movie theaters until th...
Brainlab, a privately held medical technology company, has recently acquired a video game developer for medical professionals, Level Ex. The video games created by the company are used in training doctors to diagnose &...
PEL’s (Piramal Enterprises Limited) Piramal Pharma Solutions, a CDMO (Contract Development & Manufacturing Organization), has reportedly entered an agreement with G&W Laboratories. Under the agreement, th...
Walmart, the retail giant, recently announced plans to acquire technology & intellectual property from a start-up, CareZone, that is focused on making it easier for people to manage multiple medications. ...
Dr. Reddy's Laboratories, a multinational pharmaceutical company manufacturing and marketing a wide range of pharmaceuticals in overseas and India, has reportedly announced that it has acquired a few business divis...
Home-insurance and ownership transformer, Hippo Insurance Services, has reportedly announced its acquisition of national property and casualty insurer, Spinnaker Insurance Company. Hippo was advised for this acquisitio...
ZALORA, a leading online fashion destination, has reportedly agreed to collaborate with an advertising technology platform, The Trade Desk, on attribution integration in Asia. This attribution integration will provide ...
Rohit Nadhani, a serial entrepreneur, has recently launched Kubera, a new startup that mainly aims to provide an alternative to utilizing a spreadsheet for keeping a track of the investments, debts, assets, cryptocurre...
KYB’s highly advanced semi-active and active system solutions will drive the next-gen electric vehicle production efforts of REE ...
Merck Animal Health, a renowned veterinary products and services company and a subsidiary of Merck & Co., and Virbac, a French animal healthcare pharmaceutical company, jointly announced that they have signed a new...
Get Spiffy, Inc., an on-demand technology and services company, has reportedly acquired an American mobile fleet maintenance service provider company, Carmacy to strengthen its fleet maintenance service por...
Avecho Biotechnology, a renowned Australian pharmaceutical company, has reportedly announced a new medical cannabis supply contract with Tasmanian Alkaloids, an Australian biopharmaceutical company, with an aim to boos...
NFP aims at introducing expertise and advancements in the U.K. benefits and pension market The acquisition will enhance employer com...
The U.S. Food and Drug Administration (FDA) has reportedly given a green flag to the production and use of a low-cost ventilator designed by the University of Minnesota’s team of researchers along with an alumnus...
CSC, a leading firm providing legal, tax, as well as digital and business services across the world, has recently announced that it has finished its acquisition of TCS-Groep, a service provider of alternative investmen...
The deal marks as the second-largest procurement by SAIC in recent times when it purchased Engility- another large contractor for a total valuation of USD 2.5 billion. ...
Eaton Corporation Inc., an Irish multinational power management company, has reportedly agreed to acquire Virginia-based Power Distribution, Inc. (PDI). For a record, PDI supplies mission-critical power distribution, p...
The Aviation Group will focus on higher growth component and accessory repair and part distribution. The divestment is expected to be completed til...
Kone, a Finland-based engineering and service company, is reportedly attempting to outbid rival companies with a preliminary offer of $18.9 billion (17 billion euros) for Thyssenkrupp’s elevator unit. The offer, ...
Terramera closed the funding round with USD 48.5 million with other investors including S2G ventures, Ospraie Ag Science The investm...
Teijin Limited, a technology-driven company, has announced its interest to establish TACE (Teijin Automotive Center Europe GmbH) in Wuppertal, Germany. The center would function as a new base for Teijin to execute technical functions withi...
U.S. based aerospace company, Boeing has announced inking a partnership agreement with UAV specialist Tactical Robotics. Under this agreement, both the firms would jointly work on marketing, producing and developing ai...
Flair Airlines, a scheduled, independent, and low fare airline company, is seeking to expand its fleet of Boeing 737 aircraft to deliver low cost travels to a market starved of competition. Based in Edmonton, Flair Air...
The aim of the move is to simplify the diverse portfolio of the company Company’s regrouping is part of the new strategic plan for fiscal 201...
Kalmar, a subsidiary of Cargotec, a renowned Finnish cargo-handling company reportedly announced the completion of a comprehensive software support and maintenance contract with Patrick Terminals, a renowned Australian...
The new lens series may be beneficial for patients with conditions such as macular degeneration, glaucoma, cataracts, optic neuropathy, and other visual disorders. ...
Grab, a technology concern based in Singapore, has announced that it is forming a consortium with Singapore Telecommunications (Singtel) to submit an application for a full digital banking license. The move signifies t...
Pyka, a renowned bay area based autonomous aircraft company, reportedly announced that it has secured $11 million from a new seed round. The investment round was led by Prime Movers Lab. Meanwhile, Greycroft, Bold Capi...
Fluor Corporation, a global engineering and construction firm, has reportedly announced that its JV COOEC-Fluor fabrication yard in China, has securely completed the module program for the Al-Zour project of KIPIC (Kuw...
Amid various M&As and collaborations taking place amid the ecommerce space, one of China’s leading finance firm, Ant Financial has announced taking over a sizable stake in Vietnam’s e-wallet platform, e...
Panasonic announced the sale of its of semiconductor business to Taiwan based Nuvoton The Panasonic-TowerJazz JV comprises three man...
It will be the first mini-robotic warehouse of Ocado in Bristol. Ocado, a British online grocer, has announced that it has been planning to open a mini robotic war...
CTG will design a cost-effective connectivity solution with superior performance and security African mobile operators can adopt next...
Meta Byte Technologies, a provider of next-gen technology solutions, recently announced that it has inked a strategic partnership with Virsec, a leading firm in cybersecurity innovation and a renowned pioneer in cyber ...
Beijing ByteDance Technology Co Ltd, owner of popular short-video app TikTok has recently announced its intention to enter the streaming music business. The Chinese firm has set its sights on developing a brand new Tik...
Xpeng has already launched vehicles like G3 SUV and P7 sedan Xpeng and investors like Xiaomi will work together to develop new techn...
With each passing day, the challenges associated with waste recycling is intensifying across developed countries. Old carpets pulled from houses and commercial buildings have turned out to be the most problematic waste...
The development of these collaborative solutions will improve value for customers. Halliburton Company has reportedly announced that it has entered into a strategic...
ConnectWise has made some groundbreaking developments in the IT industry. With solutions helping in remote management and monitoring, business management, quote automation, cybersecurity risk assessments, and remote ac...
The F-35 Lightning stealth fighters, integrated with Block IIIF software, developed by Lockheed Martin, the American aerospace and defense company, in collaboration with the Pentagon are expected to enter service in 20...
Confluence Technologies, a renowned US-based software company that offers back-office automation systems for the global investment management market, reportedly announced the acquisition of StatPro Group plc, a renowne...
Increasing migration of people to urban localities is revolutionizing the mobility sector. The need for innovative solutions in transportation is fueling private aircraft manufacturers. Volocopter, a German aircraft ma...
Blockchain has managed to become the most effective invention of the century as it progresses towards becoming the backbone for a new type of internet, as well as is far more than what it was originally meant to do, i....
In an era of digitalization and internet, businesses are continuously working on innovative solutions to improve brand value. In a bid to have a competitive edge over rivals, numerous companies are rolling out innovati...
Indian telecom operator, Vodafone Idea Ltd., has reportedly extended its strategic partnership with IT conglomerate Tata Consultancy Services Ltd. by additional five years to improve its telecom user’s experience...
Transportation Management System industry is projected to emerge as one of the highest revenues gaining markets in the future owing to the benefits it provides automotive shippers. Several automotive industry players a...
With the advent of digitalization, the digital transaction sector is growing at an exponential rate. The ease of paying and increased smartphone penetration are the key factors that are influencing digital transactions...
Service based system integration firms are witnessing a substantial growth recently due to the integration benefits in quality and productivity of operations. Pertaining to the rapid industry growth and integration adv...
· The acquisition will help Sinch enhance its business outcomes through next-gen messaging. · The transaction will be closing in early October...
The Hyderabad-based startup to bring its HR tech platform to more Asian markets with the fresh funding Darwinbox, a Hyderabad-based startup that offers a cloud-based human resource ...
With the advent of technological advancements in the agricultural sector, farmers are now trying to address issues such as equipment management and crop care using robots. Numerous agri-tech companies are raising inves...
· The automaker is using batteries designed by Panasonic for Levin and Corolla hybrid sedans for the Chinese market. · The move will help Toyota secure high-quality batteries as...
The acquisition would advance Ceridian’s momentum in New Zealand and the Australian markets. Ceridian HCM, Inc., a leading human capital management (HCM) tech...
Chinese manufacturer launches Axon 10 Pro in the US following imposed penalty few years ago. Axon 10 Pro is claimed to be driven by Qualcomm's ...
The expansion in the International waters will augment the company’s penetration into the other GCC and Middle Eastern markets. Mumbai based new age professio...
US-based online clothing resale store, ThredUP announced having received $175 million in funding which will be invested for the expansion of its online resale services to the retailers. The total capital raised by the ...
Denmark company takes over Swiss logistics group Panalpina in a deal of over USD 5.5 million. This acquisition will create the world&...
Republic Labs, M13 Ventures, Gumi Crypto & early Uber financer Shervin Pishevar contributed to this funding. Almost 10% of custo...
Amazon plans to expand its reach in the Indian market in a bid to compete with Walmart owned Flipkart. Amazon Inc., a multinational tech company based in Seattle, ...
The resources and operational expertise of KKR supports NVC Lighting’s China Lighting business for sustained growth in the domestic market. ...
The factory automation supplier is set to launch its brand in the Asian markets by 2019. The company has attained patents and certifications relate...
The company’s new fulfillment center would generate around 2,500 full-time jobs in Ohio. Amazon.com, Inc., an...
Transfer of money to international markets would become easier through the service. The money transfer service would be made availabl...
Microsoft, the tech giant, recently announced that its Azure Kinect Developer Kit, a $399 perception system for speech solutions & computer vision, will be available for shipping to pre-order customers in the U.S. ...
Both parties have reportedly signed three joint study agreement under the framework CNOOC Limited, the largest crude oil and natural gas producer in China, recently...
The acquisition would facilitate ZipLine an entry into the gift card segment. The newly acquired assets further complement ZipLine’s existing...
Combining the assets of Mesquite will create Delaware Basin’s largest water disposal system NGL Energy Partners LP, a diverse midstream MLP providing several ...
Uniphore is anticipated to be valued at $130 million by the end of the current round Uniphore Software Systems, a Chennai-headquartered speech recognition solutions company, is reportedly in talks for a $38 million Series ...
Flight Centre Travel Group, an Australia-based travel agency has recently announced that it has acquired 3Mundi, a Paris-based corporate travel group. The acquisition has brought around $275 million in TTV, under Fligh...
Wysa has helped over 1.2M people across 30 countries through 80 million conversations. Wysa, an AI mental health startup based in Bengaluru, has reportedly raised $...
The partnership was announced at Plug & Play’s headquarter in Sunnyvale, California Nexen Tire, a leading tire manufacturer, recently announced that it ha...
The New York-based Thrive Global, has reportedly signed a partnership with P&G, the American multinational consumer goods corporation to combine behavioral science and daily habits pertaining to P&G’s pro...
It will help partners and customers who are looking for AI deployment as a part of their transformation journey NVIDIA, the graphics processing unit designer and Ne...
The program will include drilling 49 holes using one diamond drill rig and two reverse circulation (RC) rigs. Vancouver-based Victory Metals Inc. has recently annou...
Thailand-based PTT Exploration and Production PLC has reportedly selected Vallourec to provide oil country tubular goods for a demanding offshore project situated in Myanmar. ...
Grab will look to partner with more companies that can provide complementary technology and services to help grow its business in the region Grab, the ride-hailing ...
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