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 […]
Finance solution provider PayTabs Egypt partnered with industry peer Souhoola on Monday, to offer buy now pay later (BNPL) payment method for PayTabs Egypt merchants by increasing the range of payment options offered online. The payment processing company said it is integrating Souhoola’s BNPL solution into the multiple payment solutions available for customers on e-commerce […]
Software developer ServiceNow in collaboration with NVIDIA computer hardware manufacturing introduced telco-specific generative AI solutions on Sunday, to elevate service experiences for telecom operations. The firm said the solution called Telecommunications Service Management (TSM), is built on its Now platform which uses NVIDIA AI to boost agent productivity, speed time to resolution and enhance customer […]
Chinese mining firm Yintai Gold, on Sunday, said it will buy industry peer Osino Resources Corp in an all-cash deal for C$368 million ($272 million), by acquiring all the outstanding common shares of Osino. Under this agreement, Yintai will offer cash consideration of C$1.90 for each Osino common share, said the company and added, the […]
Larsen & Toubro-owned L&T Technology Services (LTTS) partnered with Telecommunications Company AT&T on Friday, with reason to curb global emissions by developing combined advanced solutions that can significantly reduce environmental impact. LTTS said the company will join in AT&T’s Connected Climate Initiative (CCI), a joint effort that works on connectivity-based solutions to reduce greenhouse emissions by 1 […]
Global technology company HCLTech collaborated with Intel Foundry Semiconductor Manufacturing on Wednesday, to co-develop customized silicon solutions for semiconductor manufacturers, system original equipment manufacturer (OEMs), and cloud service providers to improve foundry services. The company said this alliance intends to fulfill expanding worldwide demand for semiconductor production by offering clients with a robust and inclusive […]
