The software developer Reveal opened a new office in India on Monday, to venture into the Asia-Pacific (APAC) region as well as enhance the efficiency of legal services in India. The firm said it in the ribbon-cutting ceremony held in the firm’s new Indian headquarters in Telangana. The new office will focus on software development, […]
Automotive firm Hyundai Motor in collaboration with its subsidiary Kia Corp, on Monday, launched Active Air Skirt (AAS) technology to minimize the aerodynamic resistance encountered during high-speed driving and improve the driving range as well as driving stability of electric vehicles (EVs). AAS controls the airflow entering through the lower part of the bumper and […]
Vertak adhesives maker DuPont and Point Blank Enterprises, protective solutions for the military partnered, on Monday, to offer body armor made with Kevlar EXO aramid fiber for North America State and Local Law Enforcement departments. The company said Kevlar EXO aramid fiber is an entirely new technology platform developed to serve endless applications where performance […]
Sony Pictures Networks India, subsidiary of Sony Group issued a notice on Monday, terminating the definitive agreement with Zee Entertainment Enterprises concerning the merger of the companies. The merger agreement was initially announced on December 22, 2021. Sony Pictures said the agreement stated that if the merger did not close by the date 24 months […]
Technology solution provider Jack Henry & Associates, on Monday, said it plans to elevate the executive transition in which Greg Adelson, Chief Operating Officer of the company to take over as Executive Chief, effective July 1, 2024. Adelson has been with Jack Henry & Associated for over a decade holding roles such as Group President […]
Software firm Vistex, on Monday, said the company is mourning the loss of its Founder and Chief Executive Officer Sanjay Shah, who passed away due to severe injuries from an accident. The company confirmed in a statement on Monday that Shah along with Raju Datla, President of Vistex, were seriously injured in an accident that […]
Mining firm Tata Steel said it will initiate transformation and restructuring of its UK business, by initially laying off about 2,500 job positions across the region in the next 18 months. The company said the job cuts will affect an additional termination of 300 roles after the initial round of layoffs, affecting an overall 2,800 […]
The United States’ housing market has been passive over the past few years due to rising interest as well as persistently high levels of inflation. S&P Global Ratings, said despite its restrains, the credit rating agency expects mortgage origination and securitization activity to rise year over year in 2024 as the economy begins to normalize. […]
S&P Global Ratings published a report forecasting the banking sector of South Africa recently, where it anticipates gross domestic product (GDP) growth to below 1.0% in 2023 and about 1.5% in 2024. South African banks are currently facing issues related to reform progress, electricity crisis, imminent elections, external refinancing risks as well as the country’s […]
Perseus Mining Limited intends to make an off-market takeover offer for all of the issued shares in OreCorp Limited that it does not already own for cash consideration of 55 cents per OreCorp Share, on Sunday. According to this offer, OreCorp’s shareholders are valued at a 4% premium to the initially proposed value of a […]
Electronic home appliance company LG unveiled its latest heating, ventilation and air conditioning (HVAC) solutions at AHR Expo 2024 on Monday. According to the company the event is set to take place in Chicago, Illinois, from January 22-24, and LG’s energy-efficient residential and commercial HVAC line-ups deliver exceptional performance and demonstrate the company’s steadfast commitment […]
1. Tell us about DATE. Firstly, we start with that. As the name suggests, DATE is all things digital acceleration and transformation. It’s a Digital Acceleration and Transformation Expo. This is the launch event in India because I am from India. Although I live between India and the UAE, we wanted to bring something back […]
Financial service provider UnionBank of the Philippines collaborated with Informatica, a software developer, on Thursday, to adapt Informatica’s master data management (MDM) software as a service (SaaS) as UnionBank shifts from an on-premises solution to the cloud as part of the bank’s cloud digital transformation strategy. Master data management involves creating a single master record […]
Financial service provider NPCI International Payments Ltd (NIPL) signed a memorandum of understanding (MoU) with Indian-grown Google Pay on Wednesday, to expand the impact of unified payments interface (UPI) worldwide and to reduce the dependency on conventional money transfer channels by simplifying remittances. The firm said through this collaboration, it aims to broaden the use […]
Payment solution provider Alchemy Pay launched its fiat-crypto on-ramp payment services on Bitcoin.com web portal on Thursday, which will contribute to the expansion of the crypto developer’s reach. The company said its direct-to-customer plugin, which can be easily integrated and deployed by web3 apps and platforms, supports the purchase of a wide range of cryptocurrencies, […]
