About Author : Paroma Bhattacharya

Paroma Bhattacharya

Paroma currently works as a content developer for AlgosOnline. Fortified with a post-graduation degree in Journalism and Mass Communication, she delved head long into a writing career, creating resourceful and information enriched content in diverse fields. Apart from being a compulsive reader she also loves to cook, paint and travel



Contribution By Paroma Bhattacharya


PA Resources bags RM600 mn contract to supply materials to First Solar

Malaysia based PA Resources Berhad has been reported to have bagged a contract worth RM600 million to supply materials to two of the units of the US-based and Nasdaq enlisted First Solar Inc., namely, First Solar Malaysia Sdn Bhd. and First Solar Vie...

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Sinopec crude oil production exceeds 100-million-ton milestone

The Sinopec Northwest Oilfield has reportedly become China’s first crude oil producing marine carbonate reservoir that has reached a target of 100 million tons of crude oil production. For the record, the Northwest Oilfield is located in the Ta...

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Intermountain Healthcare sets up its first virtual hospital in Utah

Intermountain Healthcare, a nonprofit organization renowned for dealing with telemedicine for the past five years, has recently made it to the headlines for establishing Connect Care Pro, its first virtual hospital. Jim Sheets, The Vice President of...

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Cybersecurity magnate McAfee acquires VPN company TunnelBear

McAfee, one of the reputed cybersecurity giants, has recently acquired TunnelBear, a consumer VPN company for an undisclosed amount. The acquisition of TunnelBear will align McAfee’s vision of protecting customer information which includes sens...

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ObvioHealth raises $3 million to facilitate mobile clinical trials

ObvioHealth, one of the notable “site-less” clinical trial companies of Singapore, recently announced raising $3 million in a Series A funding round. Reportedly, the financing will help the firm in supporting its operational team and pres...

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Dialog signs MoU with Johor to invest in Pengerang Deepwater project

Dialog Group Berhad, one of the integrated technical service providers to oil & gas and petrochemical industries, signed a memorandum of understanding with Johor government to invest RM 2.5 billion in phase three of Pengerang Deepwater Terminals....

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Bill 13 to ensure energy retailers attend to billing complaints pronto

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...

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

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...

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DHL deploys second Boeing 747-400F airfreight to meet Asian demand

DHL Global Forwarding, a reputed provider of air and ocean freight forwarding services, announced that it will be expanding its air freighter operation to meet the growing demand in the Asian as well as Trans-Pacific trades. As per the official stat...

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Canon on its way to acquire the Israeli video analysis firm BriefCam

Canon Inc. has reportedly announced that it has been planning to purchase the Israel-based video analysis company BriefCam Ltd. As per experts familiar with the matter, this acquisition falls among the latest trend of Japanese companies taking an inc...

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Fred’s sells specialty pharmacy to CVS, plans further divestures ahead

Fred’s Inc., one of the notable pharmacy chains of the United States, reportedly announced the closure of the sale of its specialty pharmacy to CVS Health for $40 million. The company, in its official statement, stated that there may be more su...

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Ant Financial plans to accelerate expansion, raises funds worth $14bn

Ant Financial, the financial associate of the Chinese e-commerce giant Alibaba, has reportedly completed a Series C funding round with a mammoth $14 billion, raised from both domestic and international investors. According to a statement released by...

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India benefits from China reforms, solar cell prices hit record low

The Chinese government has recently decided to withdraw state support from some of the power projects which will lead to an oversupply of equipment and a fall in solar module prices. Experts predict that India is likely to emerge as the biggest benef...

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CashShield raises $20 million in funding round led by Temasek and GGV

CashShield, an online fraud detection company, recently announced that it has raised $20 million in Series B funding. The startup, whose clients include Razer and Alibaba, secured funding from returning investor GGV Capital, Wavemaker Partners and Ta...

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Airtel partners with Netflix to offer a 3-month free subscription

Airtel, the largest telecom service provider in India, recently announced that it has partnered with Netflix, the video streaming giant, through which Airtel users can pay for their Netflix subscription as a part of their broadband and postpaid mobil...

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Tencent & JD.com to jointly invest $863 in e-fashion retailer Vipshop

Tencent, China’s $500 billion social media giant along with its e-commerce partner JD.com, has agreed to invest $863 million in the Chinese online fashion retailer Vipshop, a move that is speculated to be a part of Tencent’s ongoing effor...

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Cairn India Holdings to acquire more than 50% stake in AvanStrate

Cairn India Holdings Ltd, which is an arm of the mining and metal firm Vedanta Resources Plc., has reportedly acquired a 51% stake in the Japanese liquid crystal display glass substrate manufacturer company, AvanStrate, the majority shares of which c...

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DuPont Tate & Lyle expands bio-based propanediol production

DuPont Tate and Lyle Bio Products, LLC, has reportedly declared the expansion of its manufacturing unit in Loudon, Tennessee. Incidentally, the firm is a joint venture between DuPont and Tate & Lyle. This expansion in polymers & advanced mate...

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5 kidney stones management market trends defining the industry growth

The rising incidences of kidney stones and the increasing popularity of minimally invasive procedures will reportedly drive kidney stones management market trends over 2018-2024. According to estimates presented by the National Institute of Diabetes ...

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Pomelo all set to launch its debut micro-retail store in Singapore

Pomelo Fashion, the Thai fashion site will be expanding its online-to-offline business framework with the opening of its retail store in Southeast Asia. Sources revealed that Singapore is being elected as the destination for the first micro-retail st...

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5 soundproof curtains market trends to watch out for over 2018-2024

Rising noise levels and strict legislative steps to protect against the problems caused by noise pollution have reportedly resulted in the expansion of soundproof curtains market. Public institutes like movie theaters, schools, hospitals, etc., where...

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Rising incidences of GI disorders to drive endoscopy market over 2018-2024

The extensive prevalence of gastrointestinal disorders among the geriatric and pediatric population will reportedly drive endoscopy market trends. As per estimates, in the U.S. almost 3.5 million people visit the physician annually with irritable bow...

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UiPath and Ubiquity join forces to take RPA to the next level

UiPath & Ubiquity Technology have reportedly come together to offer Robotic Process Automation (RPA) services to customers through their latest partnership. Sources cite that Ubiquity will leverage UiPath’s expertise and experience in Robot...

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Hyundai & VW sign deals with Aurora to develop autonomous vehicles

The automotive industry is headed for a major shakeup, as conventional automobile manufacturers are rushing to sign deals with self-drive vehicle innovators to become the first to capture the driverless automobile industry. Automakers Volkswagen and ...

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Archtech Solar constructs 10MW solar power plant in Saudi Arabia

One of the world’s leading solar tracking and racking systems manufacturer and solutions provider, Archtech Solar has formally commenced the construction of a solar power plant in Khafji, Saudi Arabia. Post its successful entry in the African m...

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Noble Energy to expand its natural gas extraction ventures in Israel

Noble Energy, one of USA’s leading oil and gas exploration and production companies has been reported to be planning to expand its operations at Leviathan, Israel - the large natural gas site off the Israeli Mediterranean coast. For the record,...

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TNB acquires 80% stake of UK based renewable energy enterprises

Tenaga Wind Ventures UK Ltd, a wholly owned unit of Tenaga Nasional Bhd reportedly acquired 80% stake in two UK based renewable energy enterprises namely Bluemerang Capital Ltd and GVO Wind Ltd for £77.37 million. During an exchange filing, TNB...

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NH-ISAC to facilitate secure threat sharing in healthcare industry

The National Health Information Sharing and Analysis Center (NH-ISAC) has apparently chosen to enable seamless and secure threat sharing within the healthcare & medical devices industry. In the light of the current scenario plagued with massive c...

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ZTE container networking solution debuts in smart technology industry

ZTE, one of the major global telecommunication equipment providers, has made it to the headlines post unveiling its container network solution for open source network function virtualization (OSNFV). With this launch, ZTE hopes to further promote the...

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Silvaco-Silicon deal to markedly influence electronics industry trends

Silvaco, one of the leaders of IP and EDA providers has teamed up with Silicon Catalyst, the world’s only startup incubator dealing exclusively in silicon solutions. The deal aims to provide silicon proven IP which will play a critical role in ...

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Aramco’s Motiva plans petrochemicals expansion in the U.S.

Motiva Enterprises, a wholly owned subsidiary of Saudi Aramco, has reportedly signed a MoU with Honeywell UOP and TechnipFMC to explore petrochemical production technology in the U.S. Aramco’s CEO, Amin Nasser reportedly signed the MoU which is...

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Nintendo collaborates with Scrum, aims to find new tech for Switch

Nintendo Co., the video gaming industry giant has reportedly teamed up with Scrum Ventures, the US based early venture capital firm to search for startups who can innovate new technologies for the Switch, the hit Nintendo gaming console. Scrum will ...

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Mercedes-Benz develops new electric car, challenges Tesla Model S

Mercedes-Benz, the world leader in bestselling luxury cars, is preparing to challenge Tesla in the high end electric car segment with its battery powered sedan that will resemble the Mercedes-Benz S-Class. Reportedly, the battery powered full sized ...

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Specialty chemicals major AkzoNobel plans to upgrade Mahad facility

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...

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Aramco-Halliburton to augment Saudi Arabia O&G industry growth

The oil and gas industry witnessed a landmark deal signed between Saudi Aramco and the multinational oilfield services company Halliburton for the development of unconventional resources. The three-year deal will engage Halliburton in improving the p...

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LG Chem brings Enbrel biosimilar Eucept to the Korea industry

LG Chem, the South Korean chemical behemoth recently announced the launching of Eucept in Korea. Incidentally, Eucept is a biosimilar version of Enbrel which is developed by Amgen and marketed by Pfizer. Enbrel is one of the most purchased drugs in t...

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