Space agency National Aeronautics and Space Administration (NASA), on Tuesday, said it will launch a space telescope called UVEX (UltraViolet Explorer) to survey ultraviolet light across the sky with an aim to gather insight into how galaxies and stars evolve. The UVEX is expected to launch in 2030, as its next Astrophysics Medium-Class Explorer mission, […]
Batteries service provider Yuma Energy, on Tuesday, said the company has completed swapping10 million lifetime batteries, which also coincides with the first anniversary of the company, having commenced operations in last February. Yuma’s BaaS (battery-as-a-service) network has widened to about 125-plus Yuma stations marking 800,000 swaps per across its markets in Bengaluru, Mumbai, Navi Mumbai, […]
Renewables and environmental company Fuelre4m, on Tuesday, launched fossil fuel reforming organic, nano-biotechnology to make fossil fuel consumption efficient and affordable while transforming the way industries power their vehicles and generate electricity. The firm said it looks to bring innovative solutions to make the fossil fuel consumption process cleaner, more efficient, and cost-effective while accelerating […]
Aerospace component manufacturing firm Intuitive Machines in collaboration with Elon Musk-owned SpaceX on Monday, analyzed the data from the lunar lander fueling tests for the IM-1 mission and completed the determined testing campaign. Intuitive Machines said the liftoff of the IM-1 mission is targeted for a multi-day launch window which opens at 12:57 hours (EST) […]
Electric aircraft developer Joby Aviation signed an agreement with Dubai’s Road and Transport Authority (RTA) and Skyports Infrastructure, an aerospace component manufacturing firm on Sunday, to launch air taxi services in the Emirates by early 2026, targeting initial operations by 2025. The firm said this deal was signed at the World Governments Summit in Dubai, […]
India’s digital payment system Unified Payment Interface (UPI) is expanding its services to Sri Lanka and Mauritius as well as launching the indigenous payment card RuPay in Mauritius, on February 12 at 1300 hours (IST) via video conferencing, stated External Affairs Ministry on Sunday. The launch aims to benefit a wide cross-section of people through […]
The Reserve Bank of India’s (RBI) Governor Shaktikanta Das gave the first monetary policy statement of 2024 on Thursday, forecasting the condition of inflation, economic growth and possibilities of emerging companies’ contributions to the GDP (Gross Domestic Product) of the nation. Das said the global economy continues to present a mixed picture, where inflation is […]
Indian real estate firm Mahindra Lifespaces introduced a Carbon Calculator on Thursday, which is designed for user-friendly interaction, with an aim to drive change, towards a greener and more sustainable future. The company said this carbon calculator allows individuals to assess their carbon footprint based on factors like food, transport, and power consumption. With a […]
Software firm Vistex, on Wednesday, appointed Amos Biegun, executive of the company to take over as interim Executive Chief, after the demise of its late Founder and CEO Sanjay Shah. Biegun is senior executive with the Hoffman Estates, Illinois-based company, having most recently served as Global Head of Rights & Royalties/Managing Director (UK) at Vistex, […]
Telecommunication firm Tata Communications partnered with global tech giant Microsoft on Wednesday, to enhance usability and security, while also making sure of regulatory compliance for MS Teams to be made available on a single platform in India. The telecom firm’s GlobalRapide platform will enable both Indian business users as well as users abroad to engage […]
Snap Inc, parent of personalized emoji creator Bitmoji said in a letter to its investors on Tuesday, it would cut 10% of its global workforce, owing to revenue acceleration and boost cash flow of the company. Snap missed Wall Street analysts’ estimates for fourth-quarter revenue, as the Snapchat owner continued to struggle to compete against […]
AI Technology for fleet and driver safety provider Netradyne said it would collaborate with IndianOil Skytanking (IOSL), airline fueling service provider on Tuesday. The company said it will provide its most advanced AI fleet camera system called Driver•i as a part of the engagement, which uses vision-based technologies to enhance driver safety, mitigate risks, and […]
Market Research firm Ipsos named insider Ziad Issa to take over as Media Chief Executive for the Middle East and North Africa (MENA) region on Wednesday, effective immediately. Issa will succeed Elie Aoun, 53 years, who has held the position of Media CEO of the firm since February 2014, in the MENA region. Aoun began […]
Investment bank Jefferies Financial Group, on Monday, confirmed to facilitate the sale by broadband provider OpNet, its operation to Wind Tre, a subsidiary of CK Hutchison Group Telecom Holdings Ltd (CKHGT) in a cash deal for €485 million ($520 million). The firm said under the terms of this sale agreement, the deal will include OpNet’s […]
Logistics solution firm ACL Airshop, on Monday, appointed Bernhard Kindelbacher as the Chief Executive Officer, effective on March 1, succeeding Steve Townes, who will now assume the role of Vice Chairman in the firm. Kindelbacher, previously worked at Lufthansa Cargo for over three decades, serving various senior leadership roles, Later, he succeeded to roles in […]