IT services and consulting company Netradyne collaborated with TaSki Technologies, transportation solution provider on Wednesday, with an aim to gain access to real-time insights into driver’s behavior and interaction with customers. Netradyne said this agreement will allow TaSki to use Netradyne’sDriver•I which examines 100% driving time, TaSki will be able to detect possible risks, such […]
Investment management organization Canada Pension Plan Investment Board (CPP Investments) on Tuesday, committed to investing ₹1820 Crore ($219.1 million) in National Highways Infra Trust (NHIT) units, which is run under National Highways Authority of India (NHAI). CPP Investments said this venture is a component of NHIT’s institutional placement capital raising. As part of the Government […]
Energy company Masdar, on Tuesday, said it signed an agreement to acquire 50% of stake in United States-based peer Terra-Gen Power Holding II from Energy Capital Partners (ECP), investment capital firm, to expand and retain its footprints in the US renewable energy market. The transaction is expected to close by the end of 2024, said […]
Sunsilk owner Unilever, on Tuesday, said it is restructuring its business by divesting its €7.9 billion ($8.6 billion) ice cream brands, which will impact the job roles of 7,500 employees of the company across the globe. The firm said the separation activity will begin immediately and is expected to be completed by the end of […]
Café chain Third Wave Coffee, on Monday, appointed Rajat Luthra as the new Chief Executive Officer of the company, effective April 3. The newly appointed CEO has nearly three decades of experience in the food and beverage industry. He, most recently, worked with KFC India and Nepal as CEO of the fast food chain, since […]
Car rental company Zoomcar partnered with online travel booking agency EaseMyTrip on Tuesday, to provide customers with more flexibility and ease to plan their vacations in summer. The company said this partnership will provide users an option to reserve their preferred Zoomcar straight from the EaseMyTrip app. Zoomcar’s vast fleet of over 25,000 vehicles, which […]
Online groceries and essentials delivery application Blinkit collaborated with home service platform Urban Company on Sunday, to supply Urban Company’s recently launched water purifiers, Native M1 and M2, at doorsteps in 30 minutes. In late October, Urban Company launched a new brand called Native, which is a new range of smart RO water purifiers. The […]
Civil engineering consultancy DKM Consult, on Tuesday, bought the combined expertise of three Singapore companies RaSpect AI, WaveScan and SquareDog Robotics to advance robotic inspection technology for the existing infrastructure in India. In order to introduce its AI drone inspection technology to the Indian market, DKM most recently, partnered with RaSpect AI. DKM said with […]
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. […]
Modernization engineering company Sonata Software signed a joint go-to-market agreement with Zones, a global provider of end-to-end IT solutions on Monday. The company said as part of a five-year cooperation, Zones and Sonata Software will provide combined services and industry-specific solutions to enhance cost reduction and data optimization. This agreement will let clients take advantage […]
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 […]
PhonePe-owned Indus Appstore said its application was installed by over one million users on Monday, within just a month of its launch. Indus Appstore has seen a wide range of app categories gain popularity with finance, games, social, entertainment, tools, communication and shopping leading the download statistics, said the company, while 45% of users come […]
Valuation of the e-commerce firm Flipkart has decreased as of January 2024 compared to January 2022 by $5 billion (₹ 41,000 crore), according to equity transactions conducted by its parent Walmart, reported The Press Trust of India (PTI) on Sunday. As a result of Walmart’s adjustment to Flipkart’s ownership structure, PTI’s report mentioned, the valuation […]
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 […]
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 […]
