R Swathi

267 published stories

R Swathi is a reporter for Business Tabloid specializing in banking, technology, and energy sectors, hailing mostly across the regions of Middle East and Asia Pacific. She exhibits a profound passion for consistent learning and personal growth.

Energy

VinFast Launches EV Charging Stations Company V-Green

Electric vehicle maker VinFast, on Monday, established its subsidiary V-Green Global Charging Station Development Company (V-Green) to bring innovation in the charging infrastructure system for VinFast vehicles as well as make Vietnam a desirable destination for electric charging. The firm said V-Green will invest 10 trillion Vietnamese Dong ($403 million) over the next two years. […]

R Swathi19 March 20241 min read

Technology

Mercedes-Benz Employs Apollo, Apptronik’s Humanoid Robot

Robot maker Apptronik’s Apollo, commercial humanoid robot was recently employed by luxury car maker Mercedes-Benz, in its manufacturing facilities to empower the staff with customized technology. In late August, Apptronik launched Apollo, to operate in a warehouse and manufacturing unit and transform industrial workforce. Apollo being modular, has the flexibility to be mounted in any […]

R Swathi19 March 20241 min read

Energy

ADNOC Collaborates with SEFE for Ruwais LNG Project

Oil and gas company ADNOC, on Monday, signed a 15-year agreement with Singapore-based peer SEFE Marketing and Trading, for the supply of 1 million metric tonnes per annum (MMTPA) of liquefied natural gas (LNG). LPG will be sourced from its Ruwais LNG project, said ADNOC. Additionally, in late December 2023, the firm joined forces with […]

R Swathi18 March 20241 min read

Energy

BP Pulse Acquires GSE Group’s Ashford International Truckstop

BP’s electric vehicle charging brand BP Pulse acquired GSE Group-owned Ashford International Truckstop in Kent, a truck transportation halt area. This area is considered to be one of the largest truck stops in Europe. BP Pulse said the acquisition is with an objective to create a Europe-wide network of electric truck electric vehicles (EV) charging […]

R Swathi15 March 20241 min read

Finance

NPCI Authorizes Paytm’s TPAP License for UPI Payments

National Payments Corporation of India (NPCI), on Thursday, officially authorized Paytm’s Parent One97 Communications Limited (OCL), to participate in the unified payments interface (UPI) as a Third-Party Application Provider (TPAP) within the multi-bank model. Amid the ongoing regulatory issues from the Reserve Bank of India (RBI), One97 Communications is looking to lay off 20% of […]

R Swathi15 March 20241 min read

Energy

Tata Motors to Invest ₹9,000 Crore in TN for Vehicle Manufacturing Facility

Automobile manufacturer Tata Motors Group, on Wednesday, signed a memorandum of understanding (MOU) with the Government of Tamil Nadu, India to initiate an investment of ₹9,000 Crore ($1.09 billion) and establish vehicle manufacturing in the state. The automotive firm said the investment will be made in five years and is aiming to create 5,000 direct […]

R Swathi14 March 20241 min read

Energy

RWE Initiates Construction of UK Solar Farms

Power generator RWE, on Wednesday, initiated the construction of its solar farms in the United Kingdom, which includes seven projects representing 330 megawatts (MW). The solar project is launched after the acquisition of JBM Solar, UK-based renewables developer. The deal included 6.1 gigawatts (GW), split into 3.8 GW capacity of solar and 2.3 GW of […]

R Swathi14 March 20241 min read

Technology

Reliance to Acquire 13% Paramount’s Stake in Viacom18

Reliance Industries agreed to purchase the entire 13.01% equity interest of certain Paramount Global’s subsidiaries in Indian conglomerate-owned Viacom18 Media for a value of ₹4,286 Crore ($517 million) on Wednesday. Reliance, in a joint venture with The Walt Disney agreed to invest ₹11,500 Crore to support the brand’s expansion goal. The company valued the deal […]

R Swathi14 March 20241 min read

Banking

Khaleeji Bank, Eskan Bank Join Forces to Provide Housing Finance

Financial service provider Khaleeji Bank, on Wednesday, collaborated with its peer Eskan Bank to provide Shari’a-compliant Home Financing solutions, also known as Islamic home finance to citizens. Under this agreement, the banks will finance under the ‘Joint Guarantee’ program with an aim to provide a diverse range of banking products and services and promote economic […]

R Swathi13 March 20241 min read

Energy

Etihad Cargo Collaborates with Awery to Cater Charter Services

Logistics firm Etihad Cargo partnered with Awery Aviation Software, aviation and aerospace component manufacturing firm on Wednesday, to meet the growing demand for charter services due to the global rise in the e-commerce sector. The cargo service provider said it has implemented a customized version of Awery’s Enterprise Resource Planning (ERP) to manage its Cargo […]

R Swathi13 March 20241 min read

Awards

Schneider Electric Join Forces with Bawan Group’s UTEC

Automation machinery manufacturer Schneider Electric collaborated with United Technology of Electric Substations and Switchgears (UTEC), electronic power distributor on Tuesday, to enhance local value creation within Schneider Electric’s data center business. Subsidiary of Bawan Group, UTEC will integrate Schneider Electric’s modular data center systems using its local resources and expertise, which includes engineering, design, manufacturing, […]

R Swathi13 March 20241 min read

Technology

LG Invests $60 Mln in Bear Robotics to Acquire Majority Stake

South Korean LG Electronics (LG), on Monday, said it will acquire a majority stake in the California-based start-up Bear Robotics through an investment of $60 million as part of LG’s expansion and advancement in service robotics. The electronics company said, upon the closing of the deal, LG will hold the largest portion of shares in […]

R Swathi12 March 20241 min read