Global technology company HCLTech launched FlexSpace 5G, a digital workspace experience-as-a-service in collaboration with Verizon Business, cloud service provider, to help multinational corporations boost productivity and security. The company said this partnership is an upgrade to HCLTech FlexSpace which enables a smooth transition to a digital workplace for all categories of employees. The innovation is […]
Renewable Energy firm Masdar completed the acquisition of 49 per cent shareholding in RWE’s 3 gigawatts (GW) planned offshore wind farms Dogger Bank South (DBS) project worth £11 billion ($13.90 billion) investment, on Thursday. In early December, this Joint venture was initiated at COP28 in Dubai, where RWE holds a 51% stake in the UK […]
Entertainment providers Reliance Industries Limited (RIL), based in India and Walt Disney from the United States signed agreements with Viacom 18 Media (Viacom18) on Wednesday, to form a joint venture (JV). Reliance Industries said the company has agreed to invest ₹11,500 Crore ($1.4 billion) in this venture to support its expansion goal. The purchase values […]
Monetary institution Gulf International Bank (GIB), on Wednesday, revamped its leadership roles by appointing Khaled Abbas as Chief Executive of GIB in Saudi Arabia and Sara Abdulhadi as CEO of GIB in Bahrain, effective March 3. Abbas holds nearly 30 years of experience in leading the banking industry. He joined GIB in 2018 as Country […]
Global technology consulting and digital solutions company LTIMindtree, and IBM Quantum Network, on Wednesday, collaborated to explore quantum computing innovation for the advantage of its global consumers from different industries. The company stated LTIMindtree is the first global system integrator (GSI) in India to join the IBM quantum network. LTIMindtree will also partner with Indian […]
Electric car brand Polestar Automotive Holding UK, on Wednesday, said it secured $950 million through external bank funding in the form of a three-year loan facility to strengthen its business plan as well as achieve its 2025 targets. The financing is being provided by 12 international banks which include BNP Paribas, Natixis, Standard Chartered, BBVA, […]
Telecom service company Vodafone Idea (Vi) collaborated with 6D Technologies on Wednesday, to deliver its ‘Infinity’ Connectivity Management and Device Management Platform for Vodafone Idea (Vi). The company said the platform offers Vi’s enterprise customers a better digital experience, real-time visibility, and end-to-end management capabilities for different IoT services in India. This collaboration of Vodafone […]
IT services and consulting firm Infosys, on Tuesday, launched Responsible AI (RAI) which is a part of Infosys Topaz, AI-first set of services, solutions and platforms using generative AI (GenAI) technologies. The company said the advent of powerful GenAI systems in the past year has sparked various concerns and discussions about AI’s ethical implications. The RAI […]
Renewable energy storage firm Ava Community Energy (Ava), on Tuesday, said Nick Chaset, Chief Executive Officer of the company will step down from his role, effective July 15, 2024, to join a global clean energy company as a senior executive leader. Chaset has been with the firm since 2017, serving as Executive Chief. Prior to […]
Harley-Davidson Financial Services (HDFS) launched the Harley-Davidson Flex Financing program, an alternative way of purchasing H-D motorcycles, on Tuesday. Harley-Davidson said the loan option provides an alternative way to purchase an H-D motorcycle, along with monthly payments, shorter terms, and flexibility, with the ability to return the motorcycle at the end of the term, which […]
Credit rating agency Brickwork Ratings (BWR), on Monday, appointed Alok Kedia as Chief Executive Officer of the company, effective February 26. Kedia holds nearly three decades of experience in senior management roles across multinational and private banks. He most recently served as Country Head of MSME Banking, Corporate and SME Agri, Education, Logistics, and Commodities […]
Primestay Vacation Homes Rental LLC is making a significant mark in the hospitality industry. This company is not just offering a place to stay; it’s offering an experience, a new way of traveling that combines the convenience and services of a hotel with the comfort and warmth of a home. Primestay understands the evolving needs […]
Indian Prime Minister Narendra Modi, on Tuesday, inaugurated three space infrastructure projects worth ₹1800 crore ($217.2 million) as well as introduced the astronaut wings and met the astronauts selected for the upcoming manned moon Gaganyaan mission at Vikram Sarabhai Space Center (VSSC) in Thiruvananthapuram, Kerala. The shortlisted astronauts are Group Captain Prashanth Balakrishnan Nair, Group […]
Digital product engineering company R Systems signed a memorandum of understanding (MoU) with Indian Institute of Technology Delhi (IIT-Delhi) on Monday, to extend its commitment to artificial intelligence (AI). The company said it will establish a center of excellence (CoE) on applied AI for sustainable systems at IIT Delhi, to feature a research lab and […]
Technology services and consulting company Wipro partnered with telecommunications company Nokia on Monday, to help enterprises scale their digital transformation with a secure 5G private wireless network solution integrated with their operation infrastructure. The company said the solution will fetch greater reliability, mobility, connectivity speed, real-time access to business insights, and has the ability to […]
