Vymo partners with Microsoft to increase its global footprint
Date: 2019-05-22   Author: Pankaj Singh

Satya Nadella, CEO, Microsoft, has also noted the work done by sales CRM software. An intelligent personal assistant app Vymo has reportedly announced that it has...

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Commerzbank partners with GTC to digitize its trade finance business
Date: 2019-05-21   Author: Pankaj Singh

Commerzbank partners with GTC to digitize its trade finance business Commerzbank, a major German bank, has recently entered a strategic partnership with a leading...

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Indian Oil to assess impact of US sanction on CPCL expansion
Date: 2019-05-20   Author: Pankaj Singh

Earlier, the expansion was to originally cost to INR 27,460 crore but now is estimated to cost INR 35,698 crore. Indian Oil Corporation Limited, commonly referred...

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Century Software buys majority stake in Netsense Business Solutions
Date: 2019-05-18   Author: Saipriya Iyer

Century Software has a long-term collaboration with Acumatica Inc. The subsidiary of Censof Holdings Bhd, Century Software (M) Sdn Bhd has reportedly announced t...

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Ola inks deal with SBI and Visa to offer 10M credit cards in India
Date: 2019-05-17   Author: Pankaj Singh

Ola has recently signed an agreement with Visa and the State Bank of India to launch up to 10 million credit cards over the next three and a half years. This move will aid SBI and Visa in acquiring more customers in In...

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Cargill invests in Israeli 3D tissue engineering startup Aleph Farms
Date: 2019-05-16   Author: Pankaj Singh

Cargill has reportedly announced that it would be investing in Aleph Farms, an Israeli meat start-up focused on developing complex meat varieties such as steak. Cargill is formally participating in a Series A round of ...

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ETSI and Indian telcos ink MoU to cooperate on telecom standardization
Date: 2019-05-15   Author: Pankaj Singh

COAI aims to establish India as the global leader of innovative mobile communications infrastructure, services, products and attain 100 percent national density. ...

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Tesco, Nestle, Sainsbury's and Waitrose to halve food waste by 2030
Date: 2019-05-14   Author: Pankaj Singh

Businesses will set their own targets to participate in the UN Sustainable Development Goal which aims at halving per capita food waste across the globe by the year 2030. ...

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TasFoods acquires Betta Milk for $11.5m to expand production capacity
Date: 2019-05-13   Author: Pankaj Singh

Reports confirm that TasFoods, the Tasmania-based food company has confirmed it will buy Betta Milk, an unlisted Tasmanian milk company for an agreed price of $11.5 million in cash. ...

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Sumo Logic raises $110 million to drive growth and expansion
Date: 2019-05-10   Author: Pankaj Singh

The new funding has brought the total funding to date to $325 million. The cloud-based machine data analytics company Sumo Logic has reportedly announced that it ...

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Facebook to invest $400M to build its fifth data center in Altoona
Date: 2019-05-09   Author: Pankaj Singh

The development agreement has been unanimously approved by the Altoona City Council, along with various other agreements and a site plan for the project. The onl...

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SoftBank Group makes $20m investment in Mexican payments startup Clip
Date: 2019-05-08   Author: Pankaj Singh

SoftBank has reportedly invested around $20 million in a fintech startup Clip, based in Mexico, becoming one of the first Latin America agreements for the Japanese group, as it introduces a $5 billion technology fund i...

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LTAP calls off $1.7 billion bid for GrainCorp Limited, shares tumble
Date: 2019-05-07   Author: Pankaj Singh

In December, GrainCorp had held back from recommending the deal to its shareholders due to lack of information. GrainCorp, leading grain handler of Australia, ha...

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Tricor acquires Richful Deyong to expand business services in China
Date: 2019-05-06   Author: Pankaj Singh

Tricor Group has reportedly announced the acquisition of Richful Deyong (RFDY), a Hong Kong-based company providing integrated business and corporate services, to focus on supporting Chinese based companies in their in...

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ValiRx confirms new joint venture agreement, acquisition of IP assets
Date: 2019-05-04   Author: Shikha Sinha

ValiRx has reportedly announced two new agreements, an acquisition deal with FIT Biotech and a joint venture with Alpha Blue Ocean. Apparently, the company acquired intellectual p...

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Zenoti secures $50m in funding round led by Tiger Global Management
Date: 2019-05-03   Author: Pankaj Singh

Reports confirm that Zenoti, a software provider to spas and salons, has secured $50 million (Rs 350 crore) in a Series C round of funding led by Tiger Global Management, a New York-based investment firm. ...

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Ola Cabs looks to secure up to $300M more through Series J funding
Date: 2019-05-02   Author: Shikha Sinha

Cab-hailing major Ola, in order to lessen its dependence on its leading investor SoftBank, is currently planning to welcome new investors onboard. The holding com...

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Wipro acquires Philippines-based personal care company Splash
Date: 2019-04-30   Author: Pankaj Singh

It will be 11th acquisition of Wipro in consumer line business, and the 9th acquisition in personal care segment overall. Wipro Consumer Car...

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German startup GetYourGuide secures funds for travel activity platform
Date: 2019-04-29   Author: Pankaj Singh

Reports suggest that Berlin-based travel startup, GetYourGuide, has secured considerable investment in a funding round from various investors, including SoftBank. Supposedly, the firm has raised €500 million (US$5...

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SalesLoft secures $70 million funding for sales engagement platform
Date: 2019-04-27   Author: Pankaj Singh

Reports confirm that an Atlanta-based startup, SalesLoft, has secured $70 million in a Series D round of funding which was led by Insight Partners and also participated by HarbourVest. It has supposedly created a platf...

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Starbucks launches safe needle disposal boxes in select US markets
Date: 2019-04-26   Author: Pankaj Singh

Starbucks has started installing safe needle disposal boxes following the OSHA investigation. Starbucks has reportedly installed safe needle disposal boxes i...

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Digital payment firm Alt Thirty Six raises $10M in Series A funding
Date: 2019-04-25   Author: Pankaj Singh

Alt Thirty Six, a digital payment & compliance platform, has grabbed the headlines for securing up to $10 million in its Series A funding round that was intended for accelerating the company’s growth and enha...

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India Post teams up with TCS to modernize 1.5 lakh post offices
Date: 2019-04-24   Author: Pankaj Singh

TCS has designed and implemented the Core System Integration (CSI) program for the transformation India Post has reportedly teamed up with global leading IT servi...

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Nintendo Switch to enter the Chinese gaming market via Tencent
Date: 2019-04-22   Author: Pankaj Singh

The firm has been approved to sell a game related to Super Mario Bros. franchise of Nintendo. Japanese gaming giant, Nintendo Co., Ltd., is reportedly setting foo...

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NewBridge forms a joint venture with King Hemp NM for industrial hemp
Date: 2019-04-19   Author: Pankaj Singh

The joint venture will use the most advanced farming and genetics techniques. The US public company NewBridge Global Ventures, Inc., focused on the dynamic and em...

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Carbon Lighthouse expands regional scope, establishes office in L.A.
Date: 2019-04-18   Author: Saipriya Iyer

Energy services company Carbon Lighthouse has apparently made it to the headlines for having expanded its reach to Southern California. With functional spaces in the cities of New York, Honolulu, and San Francisco, Car...

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BP & Schneider Electric sign five-year global frame agreement
Date: 2019-04-17   Author: Pankaj Singh

Through the agreement, both the companies will work together to minimize project risks, lower costs and increase efficiencies, while driving innovation, value and safety in a secure manner. ...

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Airtel partners with Cisco to offer advanced connectivity solutions
Date: 2019-04-16   Author: Pankaj Singh

Airtel Business serves more than 500,000 medium and small businesses, 2,000 large businesses and 1,000 global enterprises. Bharti Airtel, the global telecommunica...

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Publicis Groupe to buy data marketing firm Epsilon for $4-4 billion
Date: 2019-04-15   Author: Pankaj Singh

Publicis will get access to Epsilon’s data capabilities with the acquisition. Publicis, the multinational French ad holding company, has reportedly announce...

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Technology giant Apple enhances its clean energy suppliers list
Date: 2019-04-13   Author: Shikha Sinha

American technology conglomerate Apple has made it to the headlines for convincing its manufacturing partner Foxconn and its chip manufacturer TSMC to commit to using renewable energy while running their operations to ...

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Lifestyle marketplace Zilingo outlines expansion plans in Cambodia
Date: 2019-04-12   Author: Shikha Sinha

·         The latest funding brings Zilingo’s total funding evaluation to $308 million. ·  &...

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Travel booking platform Klook raises US$225M in Series D+ Funding
Date: 2019-04-11   Author: Shikha Sinha

Klook, a world leading booking activities platform, recently announced raising US$225M as a part of its Series D+ funding. The deal apparently marks the largest financing in the worldwide travel activities and services...

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Juniper launches SD-WAN and cloud services platform for partners
Date: 2019-04-10   Author: Saipriya Iyer

Juniper announces CSP Select program in response to needs expressed by customers and partners. Juniper Networks, an American corporation that develops and markets...

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Roblox gaming community touches 90 Million monthly active users mark
Date: 2019-04-09   Author: Shikha Sinha

Roblox, a global platform that connects people through play, has made it to the headlines for surpassing 90 million active users per month as it continues to expand internationally through German and French languages. ...

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U.K. mulls penalizing tech giants on failure to delete harmful content
Date: 2019-04-08   Author: Pankaj Singh

Reports confirm that British regulators have unveiled a breakthrough proposal, drafted by the leading consumer-protection authorities of the United Kingdom, to penalize Google, Facebook and other tech giants that fail ...

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Payments firm BharatPe raises $15.5M in Series A funding round
Date: 2019-04-06   Author: Pankaj Singh

The latest investment round involved the participation of the U.S.-based Insight Partners, joined by existing investors Beenext and Sequoia. The Indian fintech st...

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Perficient announces successful implementation of Oracle’s Seibel CTMS
Date: 2019-04-05   Author: Shikha Sinha

Perficient to hold Seibel CTMS session to demonstrate its successful implementation during Oracle Health Sciences Connect. Perficient, Inc. a consulting firm spec...

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PayPal makes its first-ever investment in a blockchain company
Date: 2019-04-04   Author: Pankaj Singh

Approximately $3.5 million has been raised by Cambridge Blockchain in new equity from several investors over last nine months. The Global online payment firm PayP...

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DSG Consumer Partners raises $30m, marks the first close of new fund
Date: 2019-04-02   Author: Pankaj Singh

DSG Consumer Partners, a consumer-focused venture capital firm has reportedly marked the first close of its third fund aimed at securing $50 million. As per founder and managing d...

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Russian social media giant VK plans to launch its own cryptocurrency
Date: 2019-04-01   Author: Pankaj Singh

VK is currently third most popular website in Russia along with being a top social media platform. VKontakte (VK), the most prevalent social media website in Russia, has been planning to develop its own cr...

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TRON foundation acquires its own blockchain app store CoinPlay
Date: 2019-03-30   Author: Saipriya Iyer

To ensure the blockchain enthusiasts get optimum user experience, TRON and CoinPlay are devising approaches to build core technologies that guarantee a secure ecosystem for obtaining DLT-based apps....

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Lyft raises its IPO price range owing to high demand from Wall Street
Date: 2019-03-29   Author: Pankaj Singh

Reports indicate that California based transportation company Lyft, which is expected to hit a landmark initial public offering in the public markets on March 29, has recently increased the range of its share price. Ap...

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MAG expands in Australia with Encore Aviation entities acquisition
Date: 2019-03-28   Author: Shikha Sinha

The acquisition will prove to be critical for determining MAG’s expected growth in Asia-Pacific. MAG Aerospace, the America-owned military contractor has re...

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Sequoia India and Faering Capital inject $15M in Finova Capital
Date: 2019-03-27   Author: Pankaj Singh

Finova will utilize the funds to expand its footprint and provide credit access for the unbanked populace. Finova Capital, a Jaipur-based NBFC (non-banking financ...

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Connecticut secures first legislative win towards legalizing marijuana
Date: 2019-03-26   Author: Pankaj Singh

Reports confirm that the attempt to legalize marijuana in Connecticut has received its first legislative victory, after a legislative committee approved a plan that would establish a framework for the selling of cannab...

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Bank of Beijing & ING announce joint venture to set up digital bank
Date: 2019-03-25   Author: Pankaj Singh

Bank of Beijing will reportedly hold 49% of the stake and ING will hold remaining 51% in the new digital bank Bank of Beijing has announced that it plans to estab...

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Jitjatjo closes new $11M funding round led by Morningside Technology
Date: 2019-03-23   Author: Pankaj Singh

Reports confirm that Morningside Technology Ventures, a Hong Kong investment firm, has led a $11 million Series A funding round for Jitjatjo, which is a mobile staffing marketplace for hospitality industry in New York....

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Grab to charge fee for ride cancellation in Malaysia from March 25
Date: 2019-03-22   Author: Pankaj Singh

Reports confirm that from March 25 this year, Grab Malaysia would begin charging its passengers a fee for canceling rides and also those who are late to their hired cab, after a specific permitted time. ...

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NII sells Nextel Brazil’s operation to America Movil for $905 million
Date: 2019-03-20   Author: Pankaj Singh

Latin American carrier America Movil has reportedly announced that it would acquire NII-owned Nextel Brazil for $905 million. Once the deal is closed, NII will receive approval to dissolve and wind up, stated sources....

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Toyota and Nvidia to expand partnership for autonomous car technology
Date: 2019-03-19   Author: Pankaj Singh

Reports indicate that Toyota Motor Corp. is expanding its relationship with Nvidia, as the automaker and its research units based in Japan and the U.S. look to speed up its autonomous vehicle development program. ...

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Tookitaki Holding raises up to $7-5 million in Series A financing
Date: 2019-03-18   Author: Shikha Sinha

Tookitaki is recognized for offering enterprise software solutions that help in creating compliance programs for the financial services sector Tookitaki Holding P...

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Royal Brunei & British Airways to double destinations in Europe
Date: 2019-03-16   Author: Shikha Sinha

Royal Brunei Airlines has reportedly signed a new Special Prorate Agreement with British Airways, which more than doubles its network from 11 to 23 airports in the UK and Europe. As per the agreement, hot Europe...

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Cannabis maker HEXO Corp to acquire Newstrike for around $200M
Date: 2019-03-15   Author: Shikha Sinha

The deal would allow HEXO shareholders to hold 86% of the new joint company, while Newstrike shareholders will own the remaining 14%. Canada-based cannabis produc...

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Mazda to enter the premium car segment with expensive next gen cars
Date: 2019-03-14   Author: Pankaj Singh

Mazda, the Japanese multinational automaker recently revealed that it is planning to move further into the premium car territory in the future. Mazda is reportedly planning to compromise on the sale of cheaper models a...

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Swiss-German venture looks to develop a blockchain trading platform
Date: 2019-03-13   Author: Pankaj Singh

The budding DLT trading system is expected to rival the one currently being developed by the Swiss stock exchange Aiming to create a DLT (Distributed Ledger Techn...

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EVO Payments acquires Way2Pay to reinforce its digital payment service
Date: 2019-03-12   Author: Pankaj Singh

Leading global payment technology and services provider, EVO Payments, Inc., has recently announced that the company has acquired Way2Pay, a Dublin, Ireland based payment gateway. Apparently, the terms of the acquisiti...

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Appen inks $300m deal to acquire machine learning company Figure Eight
Date: 2019-03-11   Author: Pankaj Singh

Tech firm Appen has recently announced that the company has acquired Figure Eight, a machine intelligence firm, in an all-cash deal which would see Appen pay an upfront amount of $175 million. Apparently, an additional...

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Keppel and SPH to exercise compulsory buyout of remaining shares in M1
Date: 2019-03-08   Author: Pankaj Singh

Reports indicate that Singapore based infrastructure firm, Keppel Corporation, and Singapore Press Holdings, nation’s leading media organization, would be compulsorily acquiring all the remaining shares the the c...

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Comcast acquires leading AI cybersecurity firm BluVector Inc.
Date: 2019-03-06   Author: Shikha Sinha

BluVector's founding CEO, Kris Lovejoy, has been repositioned as a consultant and advisor to Comcast and BluVector. Comcast Corporation, the American telecomm...

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Larsen & Toubro Infotech closes acquisition of Nielsen+Partner
Date: 2019-03-05   Author: Pankaj Singh

Larsen & Toubro Infotech (LTI), the Mumbai-based, global IT solutions & services company, has reportedly completed the acquisition of the Germany-headquartered Nielsen+Partner (N+P), along with several recogniz...

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VOI the e-scooter sharing startup raises funds for European expansion
Date: 2019-03-04   Author: Shikha Sinha

The company with the newly acquired funds will expand in Germany, Italy, Norway and France. Sweden’s electric scooter sharing startup, VOI Technology has re...

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ATX Seed Ventures closes second investment fund worth $32 million
Date: 2019-03-02   Author: Shikha Sinha

ATX Seed Ventures, an early-stage venture capital firm, has reportedly closed its second investment fund worth $32 million. For the record, the company invests in startups dealing with software, IoT, e-commerce, and ot...

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Coin Metrics closes $1.9M seed funding round with Fidelity Investments
Date: 2019-03-01   Author: Pankaj Singh

Fidelity Investments Inc., the US-based multinational financial services corporation, has reportedly participated in a $1.9 million seed funding round for Coin Metrics, a crypto asset market & network data vendor, ...

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IWAI, Indian Oil to develop fuel infrastructure for national waterways
Date: 2019-02-28   Author: Pankaj Singh

The Inland Waterways Authority of India (IWAI) and Indian Oil Corporation Limited (IOCL) have recently signed a Memorandum of Understanding (MoU) to jointly develop infrastructure for fuels, LPG, lubricating oils, Natu...

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Ipsen confirms US$1.31 bn agreement to buy Clementia Pharmaceuticals
Date: 2019-02-27   Author: Pankaj Singh

Ipsen pharma has recently announced that the company has entered into an agreement for acquiring Clementia Pharmaceuticals, with the boards of directors of both the firms allegedly approving this transaction. Apparentl...

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Accenture endorses collaboration for circular supply chain capability
Date: 2019-02-26   Author: Pankaj Singh

Using blockchain, Accenture plan to connect customers directly to producers and influence sustainability in global supply chains. The leading technology services ...

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Singapore-based 90 Seconds secures USD 20 Million in Series B funding
Date: 2019-02-25   Author: Pankaj Singh

In a recent turn of events, the world’s leading video creation platform 90 Seconds has reportedly bagged investments worth USD 20 Million in a Series B funding round from existing and new investors. The investors...

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Lime scooters threatened with removal from Auckland over safety issues
Date: 2019-02-23   Author: Pankaj Singh

New Zealand’s transport authorities have reportedly issued an urgent warning against Lime scooters, over serious technical glitches. As per trusted sources, Auckland’s head of transport has warned the compa...

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Binance introduces testnet of its decentralized crypto trading service
Date: 2019-02-22   Author: Pankaj Singh

Global cryptocurrency exchange Binance has recently launched an initial version of its long expected decentralized crypto exchange service (dex). Apparently, launch of the service, currently in testnet phase, has been ...

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An Post plans to launch a network of parcel lockers across Ireland
Date: 2019-02-21   Author: Shikha Sinha

Ireland’s state-owned postal service provider An Post is reportedly advancing plans for a countrywide network of self-service parcel locker stations to let customers seamlessly access online deliveries and make r...

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AveXis plans to double workforce at its Durham production facility
Date: 2019-02-21   Author: Shikha Sinha

AveXis, a clinical-stage gene therapy company based in Illinois, USA, has reportedly announced its intent to increase its planned workforce by creating around 200 jobs at its manufacturing facility in Durham County. Th...

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DOCOMO to deliver photo album service on an OEM basis in Taiwan
Date: 2019-02-19   Author: Shikha Sinha

Japan’s leading mobile phone operator NTT DOCOMO Inc has reportedly agreed to provide its photo album service – d photo to Far EasTone Telecommunications Co. on an OEM basis for launch in Taiwan. As per tru...

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Aeronautics Defense Systems inks $13M drone deal with Azerbaijan
Date: 2019-02-18   Author: Pankaj Singh

Two weeks ago, the Defense Ministry of Israel reinstated the company’s export licenses.   The contract would be spanning over ...

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Biotech startup Sight Diagnostics raises $27.8M in Series C funding
Date: 2019-02-18   Author: Shikha Sinha

Sight Diagnostics, the Israel-based medical devices startup, has reportedly concluded its Series C investment round, with the procurement of $27.8 million in funds. Relevant sources affirmed that the new funding has be...

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PE firm Darby invests in specialty pharmaceutical company Biopas
Date: 2019-02-15   Author: Pankaj Singh

The investment has been completed by Darby Private Equity via the DLAPDF III Darby Overseas Investments Ltd., the private equity arm of Franklin Templeton Investm...

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btov Partners raises €80M fund, aims at new industrial technologies
Date: 2019-02-14   Author: Shikha Sinha

European venture capital firm btov Partners AG has reportedly secured Euro 80 million for the second closing of btov Industrial Technologies Fund – one of the biggest early stage funds with complete focus on Deep...

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AC Energy to acquire Phinma Group power unit in a P6 billion deal
Date: 2019-02-13   Author: Shikha Sinha

AC Energy Inc., the energy arm of Ayala conglomerate, recently announced that it has concluded a deal with Phinma Group to acquire its power business in P6 billion transaction. Reportedly, Phinma Corp and Ayala Corp ha...

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Kroger shuts down Columbus bakery, lays off nearly 400 employees
Date: 2019-02-12   Author: Shikha Sinha

According to a recent statement issued by Kroger, the company is reportedly shutting down Cleveland Avenue based Columbus bakery effective immediately, eliminating over 400 jobs, in a bid to adapt to the ever-evolving ...

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Innovega develops new AR & VR eyestrain management technology
Date: 2019-02-11   Author: Pankaj Singh

The technology will effectively reduce 3D stimuli detection time, depth distortions, improve stereoacuity and reduce visual fatigue and discomfort of users. Renow...

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BB&T to acquire SunTrust for $66 billion in an all-stock merger deal
Date: 2019-02-11   Author: Pankaj Singh

The combined entity is expected to emerge as the sixth-largest bank in the U.S. BB&T Corporation, a North Carolina-based bank holding company, has reportedly ...

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Reddit reportedly in talks with Tencent for a $300 Mn funding round
Date: 2019-02-08   Author: Pankaj Singh

Major social news aggregator Reddit has been reported to be in talks to raise $150 to $300 million in a funding round led by Tencent, the Chinese tech giant. Citing reliable sources, the Series D ...

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Spotify acquires podcasting industry leaders Gimlet and Anchor
Date: 2019-02-07   Author: Pankaj Singh

Spotify is poised to become the foremost platform for podcast creators as well as leading producer of podcasts with these acquisitions. Spotify Technology SA, the...

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Control4 Corporation acquires NEEO to provide smart home solutions
Date: 2019-02-06   Author: Shikha Sinha

Control4 Corporation (CTRL), the leading USA-based home automation company, has reportedly announced its acquisition of NEEO, the Switzerland-based smart home remote developer. Reportedly, with this acquisition, Contro...

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Swiggy takes over Bengaluru based AI focused startup Kint.io
Date: 2019-02-05   Author: Pankaj Singh

The acquisition will augment Swiggy’s work in big data, AI and machine learning to obtain accurate consumer location detection and enable faster, more efficient deliveries. Online food order & delivery service,...

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AirAsia demands RM480 Mn from MAHB in losses from operating at KLIA
Date: 2019-02-05   Author: Pankaj Singh

Low-cost air carrier AirAsia has reportedly served a notice on Malaysia Airports Sdn Bhd claiming nearly RM480 million for the losses occurred from operating at klia2. For the rec...

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Google Plus to officially shutdown on April 2 amid user data breach
Date: 2019-02-04   Author: Shikha Sinha

Google, the tech industry behemoth, has recently announced that it will be ending its run of social networking site Google Plus (Google+) by April 2, 2019. Reportedly, the company had already announced plans to shut do...

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MoneyOnClick raises $2m in seed funding led by Orios, 3one4, Kalaari
Date: 2019-02-01   Author: Shikha Sinha

MoneyOnClick, the Bengaluru-based lending start-up, is currently in the news for raising INR 15 crore ($2.15 million) in a seed funding round, led by three venture capital firms including Orios Venture Partners, 3one4 ...

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ClearOne® unveils new cloud collaboration service COLLABORATE® Space
Date: 2019-01-31   Author: Shikha Sinha

 COLLABORATE Space runs on any standards-based video endpoint and on any device from desktop to mobile.   ...

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Samsung to officially take over the Israel-based Corephotonics
Date: 2019-01-30   Author: Shikha Sinha

Samsung has reportedly put forth an acquisition offer for the Israeli firm Corephotonics, for an apparent valuation of around $155 million. Prior to the declaration of this takeover, the renowned developer of Oppo&rsqu...

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Rockwell Automation buys Emulate3D to enhance system planning
Date: 2019-01-29   Author: Shikha Sinha

Rockwell Automation, Inc. has reportedly acquired innovative engineering software developer Emulate3D, whose products digitally emulate & simulate industrial automation systems. By incorporating accurate simulation...

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Primary Health Properties announces an all-share merger with MedicX
Date: 2019-01-28   Author: Shikha Sinha

Primary Health Properties, a UK-based leading investor in healthcare properties, has reportedly announced an all-share merger with MedicX Fund Ltd. As per reports, the two investment companies are likely to build a hea...

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AWE picks AECOM as delivery partner for UK nuclear deterrence program
Date: 2019-01-25   Author: Pankaj Singh

Premier infrastructure firm AECOM and AWE plc. have reportedly inked a deal that names AECOM as the delivery partner for AWE’s Nuclear Capability project, which is a crucial component of the nuclear deterrence pr...

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Twitter launches an easier web interface complete with an emoji button
Date: 2019-01-24   Author: Pankaj Singh

The Beta testing for the new Twitter features has not commenced yet.   The Twitter desktop version has been reduced from 3 columns i...

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Private equity firms contemplate purchasing Nestle's skin health unit
Date: 2019-01-23   Author: Pankaj Singh

Private equity firms Advent & Cinven have reportedly teamed up to bid in an auction that could value Nestle’s skin heath business at about 7 billion Swiss francs (which is approximately $7 billion). ...

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Reliance demands Niko’s exit from KG-D6 on account of payment default
Date: 2019-01-22   Author: Shikha Sinha

Reliance Industries Limited (RIL), the multinational holding company based in India, has reportedly asked its partner Niko Resources, a Canada-based oil & gas industry major, to exit the eastern offshore gas block,...

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L&T Infotech to purchase stake in Bengaluru-based IT firm Mindtree
Date: 2019-01-21   Author: Shikha Sinha

Larsen & Toubro Infotech (LTI) has reportedly made plans to acquire VG Siddhartha’s shares in Mindtree, a mid-tier IT company, although no official statement has been made so far. According to sources close t...

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Date: 2019-01-18   Author: Saipriya Iyer

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Check Point detects fault that could let Fortnite accounts be hacked
Date: 2019-01-18   Author: Pankaj Singh

Check Point Software Technologies Ltd. has recently announced that the company’s researchers have discovered vulnerabilities in Fortnite, a massively popular online game. Apparently, the researchers of Check Poin...

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MineHub-IBM to leverage blockchain for mining industry supply chai
Date: 2019-01-17   Author: Shikha Sinha

MineHub Technologies, Inc. and IBM have reportedly announced a collaboration to use blockchain technology and help improve logistics & financing as well as operational efficiencies. Additionally, the tie-up aims to...

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Immersive Labs garners $8M in Series A, Goldman Sachs leads round
Date: 2019-01-16   Author: Shikha Sinha

Immersive Labs, a cyber security skills platform, headquartered in Bristol, England, has reportedly raised $8 million in Series A funding. Goldman Sachs, an investment banking firm, has emerged as the lead investor, wi...

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