Apple & Volkswagen join hands to manufacture self-driving vans

Apple & Volkswagen join hands to manufacture self-driving vans

Published: Just nowAuthor: Saif Ali Bepari

Apple has apparently teamed up with the German automotive giant Volkswagen to manufacture self-driving vehicles that would ferry employees across its campuses. As per reliable sources, the latest collaboration would primarily aim at transforming Volk....

Uber to open a lab in Paris dedicated to its Elevate program

Uber to open a lab in Paris dedicated to its Elevate program

Published: Just nowAuthor: Dhananjay Punekar

In what may be touted as a major technological breakthrough, Uber Technologies Inc., a ridesharing & transportation firm, has established a laboratory in France as a part of its Elevate Program – termed as the Advanced Technologies Center i....

Specialty chemicals major AkzoNobel plans to upgrade Mahad facility

Specialty chemicals major AkzoNobel plans to upgrade Mahad facility

Published: 9 hours agoAuthor: Paroma Bhattacharya

AkzoNobel, one of the most prominent contenders of the bulk & specialty chemicals industry, has scarcely announced an investment of £4 million (Rs 32 crore). As per authentic sources, AkzoNobel plans to pour in this capital for the expansio....

Tesco Plc bans non-recyclable packaging for its own products

Tesco Plc bans non-recyclable packaging for its own products

Published: 10 hours agoAuthor: Dhananjay Punekar

Tesco Plc, a UK based grocery & general merchandise retailer, has decided to impose a ban on all non-recyclable packaging on its own products. The decision is apparently aimed at reducing the proportion of plastic utilized in packaging its own br....

Anthem to purchase non-hospice palliative care provider Aspire Health

Anthem to purchase non-hospice palliative care provider Aspire Health

Published: 11 hours agoAuthor: Dhananjay Punekar

Anthem Inc., a U.S. based health insurance firm, has declared that it is going to acquire Aspire Health, an outpatient palliative care provider. The deal marks a new era for the insurance firms that are trying to explore the non-hospice provider spac....

Four things to know about construction equipment rental market

Four things to know about construction equipment rental market

Published: 12 hours agoAuthor: Saipriya Iyer

Construction equipment rental market apparently recorded a valuation of USD 100 billion in 2017. As per Global Market Insights, Inc., the vertical hit the coveted 100-billion frontier owing to rapidly expanding construction sector. The business space....

Microsoft partners with Atria, inks second clean energy pact in Asia

Microsoft partners with Atria, inks second clean energy pact in Asia

Published: 22 hours agoAuthor: Dhananjay Punekar

Tech behemoth Microsoft Corporation has reportedly signed a purchase agreement with Atria Power, an India based renewable energy producer. The company intends to buy 3 MW of solar power for electrifying its new data center office in Bangalore. Throug....

BP to invest in StoreDot’s car batteries to promote EV adoption

BP to invest in StoreDot’s car batteries to promote EV adoption

Date: 2018-05-24Author: Satarupa De

British oil & gas conglomerate BP, has apparently invested in the Israel based StoreDot, as it plans to venture into clear energy goals. For the uninitiated, the Tel-Aviv headquartered company, StoreDot, claims to develop advanced lithium-ion bat....

Distribution panel market valuation to cross USD 7 billion by 2024, five pivotal regional trends to look out for

Distribution panel market valuation to cross USD 7 billion by 2024, five pivotal regional trends to look out for

Date: 2018-05-24Author: Saipriya Iyer

Global Market Insights, Inc., projects the overall distribution panel market size to register a CAGR of 5% over 2017-2024. The industry growth is reportedly driven by the increased funding provided toward electrifying the rural and inaccessible areas....

EA gains ownership of GameFly’s streaming tech & development team

EA gains ownership of GameFly’s streaming tech & development team

Date: 2018-05-24Author: Dhananjay Punekar

Electronic Arts (EA) Inc., a U.S. based video game firm, has apparently acquired the cloud streaming technology of GameFly, a U.S. headquartered video game rental subscription. Sources cite that acquisition has provided Electronic Arts with a control....

Touche to offer payment services for OCBC’s credit card merchant users

Touche to offer payment services for OCBC’s credit card merchant users

Date: 2018-05-24Author: Dhananjay Punekar

Touche, a Singapore headquartered payments provider, has apparently signed an agreement with the OCBC Bank, a financial services organization. The agreement entails the provision of its payment device as well as services to OCBC’s credit card B....

Ameren to move forward with 175-turbine wind farm in Missouri

Ameren to move forward with 175-turbine wind farm in Missouri

Date: 2018-05-23Author: Satarupa De

In what may be touted as an attempt to mark its stance in the renewable energy industry, Ameren Corporation has recently announced its massive 175-wind farm project in Northeast Missouri. If reports are to be relied on, the American power giant is pl....

JetBlue-backed Zunum planning to bet big on hybrid-to-electric planes

JetBlue-backed Zunum planning to bet big on hybrid-to-electric planes

Date: 2018-05-23Author: Sunil Hebbalkar

The United States based JetBlue Airways is reportedly lending support to a private hybrid plane manufacturing start-up called Zunum. As per reliable sources, Zunum is looking forward to launching fully electric planes by the end of 2022. Authentic r....

Nitrile butadiene rubber (NBR) powder market revenue to hit USD 600 million by 2024, four regional trends to look out for

Nitrile butadiene rubber (NBR) powder market revenue to hit USD 600 million by 2024, four regional trends to look out for

Date: 2018-05-23Author: Saipriya Iyer

Nitrile butadiene rubber powder market size is reportedly anticipated to register a CAGR of 6.5% over 2017-2024, with the robust expansion of the automotive sector being the principal driver. OICA’s estimates claim that global new vehicle sales....

Grab & Maybank team up to drive adoption of mobile wallets in Malaysia

Grab & Maybank team up to drive adoption of mobile wallets in Malaysia

Date: 2018-05-23Author: Dhananjay Punekar

Grab, the globally renowned Singapore headquartered ride-hailing firm, is reportedly planning to collaborate with Malayan Banking Bhd, the biggest bank in Malaysia. The partnership is targeted toward encouraging the application & acceptance of Gr....

India to advance warfare tactics, works on UAV & robotic weaponry

India to advance warfare tactics, works on UAV & robotic weaponry

Date: 2018-05-22Author: Ojaswita Kutepatil

In what can be regarded as one of India’s more ambitious defense projects, the Indian Government has begun its work on incorporating artificial intelligence (AI) in the military sector in a bid to enhance the operational preparedness of the arm....

HMD receives 100mn funding to further expand Nokia’s phone business

HMD receives 100mn funding to further expand Nokia’s phone business

Date: 2018-05-22Author: Dhananjay Punekar

HMD Global Oy, a Finnish mobile phone firm, has raised nearly USD 100 million from various investors led by Alpha Ginko Limited, a division of Ginko Ventures, for extending the production of Nokia phones. For the record, HMD is a startup firm establi....

Sembcorp Marine & Shell Offshore ink a deal for Shell’s Vito FPU

Sembcorp Marine & Shell Offshore ink a deal for Shell’s Vito FPU

Date: 2018-05-22Author: Dhananjay Punekar

Sembcorp Marine Limited, a division of Sembcorp Industries, has apparently entered into an agreement with Shell Offshore Inc., a crude oil & natural gas producer and a division of Royal Dutch Shell PLC. The deal has been signed to cooperate on fl....

Coated glass market valuation to cross USD 24 billion by 2024, five geographical trends to watch out for

Coated glass market valuation to cross USD 24 billion by 2024, five geographical trends to watch out for

Date: 2018-05-22Author: Saipriya Iyer

Coated glass market size is reportedly expected to exceed a consumption of 19.5 kilo tons by 2024, as per a report compiled by Global market Insights, Inc. Industry experts deem the surging demand for excellent aesthetics in construction projects and....

GE decides to combine its transport business with Wabtec Corporation

GE decides to combine its transport business with Wabtec Corporation

Date: 2018-05-21Author: Dhananjay Punekar

General Electric is planning to enter into an agreement with Wabtec Corporation, a U.S. based manufacturer of railway equipment, for merging its transport unit with the latter. Sources cite that the deal is expected to evaluate the combined firm at o....

German polymer maker launches digital channels, goes big in e-commerce

German polymer maker launches digital channels, goes big in e-commerce

Date: 2018-05-21Author: Saif Ali Bepari

Covestro, regarded as among the world’s leading firms in polymers and advanced materials industry, has apparently unveiled two digital distribution channels to meet the requirements of altering business procurement behaviors and capture new cus....