Jugnoo enters Singapore car sharing market with reverse-bidding model

Jugnoo enters Singapore car sharing market with reverse-bidding model

Published: Just nowAuthor: Ojaswita Kutepatil

India car sharing market giant Jugnoo has recently unveiled its plans to enter the Singapore ride-hailing business sphere as Uber Technologies prepares to drive off. Ever since Uber has announced its retreat from the Singapore car-sharing industry, ....

Ohmio Automotion signs 150 autonomous shuttle deal with SolaSeaDo

Ohmio Automotion signs 150 autonomous shuttle deal with SolaSeaDo

Published: Just nowAuthor: Dhananjay Punekar

In what may be remarkably touted as one of the biggest transactions in the autonomous space, Ohmio Automotion, a New Zealand based automobile manufacturer, has signed a deal with SolaSeaDo. The Kiwi company has entered into a sale deal with the South....

Aramco & Total may plan the buyout of Saudi retail fuel stations

Aramco & Total may plan the buyout of Saudi retail fuel stations

Published: Just nowAuthor: Ojaswita Kutepatil

Saudi Arabian Oil Co., the world’s largest oil & gas industry major by revenue, has recently announced that in partnership with Total SA, it will be weighing certain joint acquisitions of retail fuel stations. These businesses would include....

WhatsApp prohibits access to European users under 16 years of age

WhatsApp prohibits access to European users under 16 years of age

Published: Just nowAuthor: Dhananjay Punekar

In a move to improve its brand image across the Europe social media industry post the Cambridge Analytica scandal, Facebook’s WhatsApp has been speculated to ban users under 16 from using the application. The increase in the age limit for the r....

Google offers speedy data centers connectivity via Partner Interconnect

Google offers speedy data centers connectivity via Partner Interconnect

Published: 6 hours agoAuthor: Ojaswita Kutepatil

Google Cloud Platform, in its recent announcement has unveiled a new cloud on ramp, Partner Interconnect, to offer companies various options for connecting their own data to the tech giants global cloud platform. Reportedly, the move will enable comp....

Go-Jek & ComfortDelGro to discuss ways for a potential partnership

Go-Jek & ComfortDelGro to discuss ways for a potential partnership

Published: 8 hours agoAuthor: Dhananjay Punekar

Go-Jek, a ride-hailing app provider based in Indonesia, is apparently trying to enter into a joint venture with ComfortDelGro Corp., a Singapore based land transport firm. Earlier, ComfortDelGro Corporation had signed a pact with Uber Technologies In....

Ryanair places an order for 25 additional 747 MAX jets with Boeing

Ryanair places an order for 25 additional 747 MAX jets with Boeing

Published: 9 hours agoAuthor: Dhananjay Punekar

Ryanair DAC, the Dublin headquartered low-cost airliner, has reportedly decided to purchase an additional of 25 Boeing 737 MAX jets valued at nearly USD 3 billion at list price. The deal would potentially increase its total number of jet orders to ap....

DOE offers $14.5mn to accelerate R&D of geothermal energy technologies

DOE offers $14.5mn to accelerate R&D of geothermal energy technologies

Published: 10 hours agoAuthor: Ojaswita Kutepatil

The Department of Energy (DOE) of the United States has recently announced that it will be providing funds of close to USD 14.5 million to advance the research and development activities in geothermal energy industry. Reportedly, the EDGE (Efficient ....

WVU Medicine & Apple join hands to offer health records on mobile app

WVU Medicine & Apple join hands to offer health records on mobile app

Date: 2018-04-24Author: Ojaswita Kutepatil

West Virginia United Health System (WVU Medicine), West Virginia's leading healthcare provider, has recently announced that it has teamed up with the tech giant Apple, Inc., to allow health records to be uploaded to the company’s mobile hea....

Amazon, Netflix tie up with studios to file litigation against Set TV

Amazon, Netflix tie up with studios to file litigation against Set TV

Date: 2018-04-24Author: Dhananjay Punekar

Amazon Inc., the globally reputed eCommerce magnate, and the U.S. based entertainment firm Netflix, have partnered with several Hollywood studios to sue rival Set TV’s streaming business. Some of the top names in this deal include the likes of ....

Azalea to provide access to PE investments for retail investors

Azalea to provide access to PE investments for retail investors

Date: 2018-04-24Author: Dhananjay Punekar

Azalea Investment Management, a division of the Singapore based Temasek Holdings Private Limited, has apparently been attempting to provide access for private equity investors. Reports state that the access is likely to be offered via an asset backed....

Henry Schein plans to divest its animal health business unit

Henry Schein plans to divest its animal health business unit

Date: 2018-04-24Author: Ojaswita Kutepatil

One of New York’s leading publicly traded firm by revenue, Henry Schein Inc., has recently announced its plans to spin off its USD 3.5 billion veterinary supply business and unite it with Vets First Choice. Elaborating on the details of the me....

Humana & PE firm consortium to buy Curo Health for $1.4 billion

Humana & PE firm consortium to buy Curo Health for $1.4 billion

Date: 2018-04-23Author: Paroma Bhattacharya

A consortium consisting of the notable U.S. health insurer Humana along with PE firms Welsh, Carson, Anderson & Stowe and TPG Capital announced that they have reached an agreement to acquire Curo Health Services, a privately held hospice. Accordi....

TCS becomes India’s first IT bellwether to hit $100bn mark in a decade

TCS becomes India’s first IT bellwether to hit $100bn mark in a decade

Date: 2018-04-23Author: Dhananjay Punekar

Tata Consultancy Services Limited, a notable brand name across the information technology industry, has reportedly become the first Indian firm after a span of ten years to reach the USD 100 billion market capitalization mark. The company seems to ha....

LiDAR firm Luminar unveils newest unit, aims to lead autonomous sector

LiDAR firm Luminar unveils newest unit, aims to lead autonomous sector

Date: 2018-04-23Author: Ojaswita Kutepatil

With an intention to further solidify its ‘major player’ status in the LiDAR market, Luminar, in its recent announcement has unveiled its newest Lidar unit with a 120-degree field of view. Reportedly, the Silicon Valley-based startup has ....

Yinson & Sumitomo team up to operate FPSO & FSO projects worldwide

Yinson & Sumitomo team up to operate FPSO & FSO projects worldwide

Date: 2018-04-22Author: Ojaswita Kutepatil

Yinson Holdings Berhad, a world leader in FPSO market, has recently announced that it is collaborating with a Japanese company Sumitomo Corp. The partnership is aimed at conjointly entering the business of leasing and operation of FSO (floating stora....

ABMT obtains CFDA nod for polymer orthopedic internal fixation screws

ABMT obtains CFDA nod for polymer orthopedic internal fixation screws

Date: 2018-04-22Author: Dhananjay Punekar

Advanced Biomedical Technologies Inc., a U.S. based biodegradable internal fixation device manufacturer, has declared that it has received a green signal from the Chinese food & drug administration (CFDA). The approval apparently is valid for the....

Bill 13 to ensure energy retailers attend to billing complaints pronto

Bill 13 to ensure energy retailers attend to billing complaints pronto

Date: 2018-04-21Author: Paroma Bhattacharya

Under a new bill introduced in Alberta, Canada, electricity and gas retailers in the state will be liable to pay hefty fines if they fail to settle customer billing complaints. Bill 13 now gives the Alberta Utilities Commission the right to levy pena....

Nest to install 1M smart thermostats in low-income US households

Nest to install 1M smart thermostats in low-income US households

Date: 2018-04-21Author: Saif Ali Bepari

In an attempt to decrease the energy expenditure of low income households in the United States, Nest Labs, Inc has recently announced to install as many as 1 million of its smart thermostats at negligible or zero cost in these homes over the ensuing ....

Australian scientists develop novel polymer sponge for oil spills

Australian scientists develop novel polymer sponge for oil spills

Date: 2018-04-20Author: Ojaswita Kutepatil

A bunch of Australian scientists have apparently developed a new type of polymer sponge that is capable of soaking oil spills. As per reports, the polymer is made of Sulphur and waste cooking oils (food & petroleum industries by-products) that ca....

Weir Group plans to buy out ESCO Corp. in a billion-dollar worth deal

Weir Group plans to buy out ESCO Corp. in a billion-dollar worth deal

Date: 2018-04-20Author: Dhananjay Punekar

The Weir Group Plc, a UK based engineering firm, has decided to purchase Esco Corporation, a U.S. manufacturer of metal wear parts for mining & construction sectors, in a deal valued for more than USD 1 billion, including debt. It is believed tha....