About Author : Anchal Solanki

Anchal Solanki

A civil engineer by qualification, Anchal Solanki forayed into the domain of content writing in the midst of her graduation, embarking on the career path of a successful freelancer. Equipped with a short-term experience in market research, Anchal currently writes news articles for groundalerts.com and similar portals, bringing in an amalgamation of her technical expertise and professional experience in her pieces.



Contribution by Anchal Solanki

IRB Infrastructure secures its first investment from GIC affiliates

  IRB received Rs 3,753 crore out of Rs 4,400 crore commitment by IRB Infrastructure Trust. The balance commitment shall be invested over the progress of the construction of under-construction projects. IRB Infrastructure Developers, a hi...

Read More >>
Treebo becomes a part of the CCI probe against MakeMyTrip and Oyo

The complaint filed by Treebo will be an addition to the current inquiry   Treebo faced challenges in registering its properties on platforms due to exclusivity arrangements Treebo, a chain of budget hotels, has reportedly registered a com...

Read More >>
New privacy issues raised over recently unveiled Google Chrome 80

  The latest update removes the need for an anchor, allowing anyone to create a link web document ScrollToTextFragment is only supported by the Chrome browser Search engine leader Google is in the spotlight over a potential privacy risk li...

Read More >>
Kia and Hyundai come up with a new predictive transmission system

The automotive sector is observing constant advancements by means of developing innovative technologies. Recently, Kia and Hyundai revealed that they have designed a new transmission control system that enhances shift logic to reduce "gear hunti...

Read More >>
Google intends to move British users’ accounts outside EU jurisdiction

Google, the renowned American multinational technology company specializing in internet related services and products, has reportedly announced plans to shift its British users’ accounts out of control of EU privacy controllers and place them u...

Read More >>
BBVA certifies three Nordex wind factoring operations as green

The factoring operations are classed into green based on a sustainable BBVA framework BBVA, a multinational financial service firm based in Spain, has confirmed three of the non-recourse factoring operations from Nordex as green. Finalized in 201...

Read More >>
Shell inks PPA with Europe’s largest battery facility in Wiltshire

Royal Dutch Shell PLC has signed an offtake agreement or PPA (power purchase agreement) with a China-led consortium building that claims to be Europe’s largest battery storage facility. The deal, which is expected to be completed by year’...

Read More >>
Binance launches Binance Cloud to allow users set up crypto exchanges

  Binance Cloud will be an all-in-one platform supporting coin listings and trading pairs It will provide users a method to put up a crypto platform in local markets Binance, a top cryptocurrency exchange and blockchain ecosystem, recently...

Read More >>
Designer Outlet Croatia features ShopperTrak network to build footfall

Johnson Controls’ retail solution portfolio Sensormatic Solutions has recently announced its intention to feature its ShopperTrak shopper insights and visitor analytics in Designer Outlet Croatia. The project will be presented by ShopperTrak&rs...

Read More >>
Federal judge puts forth temporary ban on Jedi cloud contract

Judge grants tech giant, Amazon, injunction request in the Pentagon cloud contract case.   Microsoft was awarded the Joint Enterprise Defense Infrastructure, JEDI, contract last year forcing the tech giant to formulate a block request on the...

Read More >>
BP announces its plan on cutting down carbon emissions by 2050

Benard Looney. BP to overhaul its corporate structure to pursue the pledge undertaken. The newly appointed chief executive of British leading oil and gas company-BP, Benard Looney has proposed a pledge to curb the carbon emissions of its global ...

Read More >>
Private equity firm Gryphon inks deal to infuse investment in Pacur

Gryphon, a private equity company based in San Francisco, has inked a fresh deal to infuse investment in Pacur, a major supplier of specialty plastic packaging materials meant for the medical device landscape. Gryphon Deal Partner and Industrial Gro...

Read More >>
Allen Media acquires 11 broadcast TV stations from USA TV holdings

Allen Media Broadcasting, an arm of Byron Allen’s Entertainment Studios, a US-based media and entertainment company, has reportedly announced that it closed in on the purchase of 11 broadcast TV stations from the USA Television MidAmerica Holdi...

Read More >>
U.S. Portable Generators Market Analysis, Growth by Top Companies, Trends by Types And Application, Forecast Analysis To 2024

The “U.S. Portable Generators Market” report is inclusive of a definite aggressive standpoint that explains a summary of the entire industry and profiles of the major companies in the worldwide market. The U.S. Portable Generators market ...

Read More >>
Chinese automaker Geely plans to merge with its Volvo Cars business

The merger deal shall boost their technological and financial synergy   Combining the firms shall also protect the individual identity of every brand Volvo Cars, a Swedish automaker along with its owner, Geely Holding, a Chinese automaker ...

Read More >>
Kansas adds 660MW wind power, targets significant emissions reduction

The extension will help the State reduce emissions by 80% by 2050 Addition of 660 MW by Evergy increases its capacity to 4,535 MW Evergy, provider of clean and safe energy, along with Laura Kelly, Governor of Kansas, have jointly announced that ...

Read More >>
Advent and Crosspoint take over Forescout for USD 1.9 billion

Forescout shareholders would receive an all-cash transaction of USD 33 per share from the acquiring companies.   Under this acquisition, the companies will support Forescout built on its success in device visibility and enhance its leadershi...

Read More >>
Visa, Airwallex collaborate to launch a B2B borderless payments card

The B2B card solution will help smoothen cross-border payments conveniently   The offering will be first available in Australia followed by other markets worldwide Visa, a leading digital payment technology firm, along with Airwallex has r...

Read More >>
American Airlines-GOL enter codeshare agreement to expand connectivity

American Airlines, a major airline headquartered in Texas, has recently announced that it is entering a reciprocal codeshare agreement with GOL, Brazil’s largest low-cost airline. Under the agreement, travelers will be given new access to 20 ne...

Read More >>
CDP inducts Kao in its A List for water security and climate change

Kao Corporation, a renowned Japanese chemical and cosmetics company, reportedly announced that it has been selected to be inducted into the A List created by renowned UK based NPO, CDP, for climate change and water. The A List contains the names of a...

Read More >>
SafeSwiss procures Secure Swiss Data to prevent soaring cyber-attacks

The acquisition is considered the largest of all the recent acquisitions across the Swiss cyber technology sector. The companies have kept the details of the acquisitions undisclosed as of now. SafeSwiss Secure Communication AG, a world leade...

Read More >>
American Airline inks $4.2Bn worth contract with mechanics union

The agreement will provide over 30,000 employees an improvement in pay, job protections and quality of life American Airlines, one of the world’s largest airlines, along with its mechanics union has recently announced that it has reached a ten...

Read More >>
Toyota Motor to use big data to avoid accelerator-brake confusion

• Toyota plans to roll out accelerator suppression function in new cars. • The automaker will sponsor the Tokyo Olympics exhibiting its self-driving e-Palette pods. Toyota Motor Corp, a Japanese automotive manufacturer, recently launched a...

Read More >>
IDbyDNA raises $20M in Series B funding for Explify diagnosis platform

  The Series B funding has reportedly been led by ARTIS Ventures and others. Main motive of the funding raised is to fuel growth of company’s Explify Software Platform for the treatment of global infectious diseases.   Californ...

Read More >>
Google to combine business tools and messaging apps into one solution

Google has been reportedly working on developing an all-in-one business communication service, which will combine the company’s productivity tools and messaging apps. This new solution will provide unified experience of Google services, includi...

Read More >>
GM to invest USD 2.2 bn for the production of electric trucks and SUVs

The vehicle and vehicle part producer is anticipated to invest over USD 2.2 billion for the manufacturing of all-electric SUVs and trucks.   Production is expected to take place at the company’s Detroit-Hamtramck plant in the states of...

Read More >>
Amazon to open fulfillment center and create 1000 new jobs in Memphis

Amazon, the renowned tech giant and e-commerce company, has reportedly announced the opening of a new fulfillment center in Memphis, Tennessee. The company would also be creating 1,000 new jobs in the city under this initiative. The company plans to...

Read More >>
Monzo in talks with SoftBank to raise £100M funding for U.S. expansion

Monzo, a U.K.-based neobank and highly valued tech startup, is seeking assistance from Japanese investment conglomerate, Softbank, to raise new funds for its expansion in the U.S. It has recently started testing out banking app in the U.S., with its ...

Read More >>
Colgate inks agreement to buy premium U.S. oral care brand Hello

Financing of the transaction will be a combination of both debt and cash There has been no announcement of the terms of the deal under the acquisition Colgate-Palmolive Company, a multinational consumer product firm, recently confirmed that it w...

Read More >>
Capital Dynamics partners with 8minute on a new solar project

Capital Dynamics’ CEI (Clean Energy Infrastructure) business has reportedly entered into a development partnership with 8minute Solar Energy through procurement and equity financing of the Eland Solar & Storage Center. For the record, Elan...

Read More >>
KDC/ONE to buy Shanghai Paristy Daily Chemical amid acquisition streak

Knowlton Development Corporation (KDC/ONE) has inked a deal to acquire Shanghai Paristy Daily Chemical Co., Ltd. The strategic acquisition is the first of its kind in Asia that is set to close in the Q1 2020; financial terms of the transaction is yet...

Read More >>
TalkTalk sells broadband business to CityFibre for £200 million

TalkTalk is set to trim its debt with the sale of the FibreNation division for £200 million. Acquisition of FibreNation by CityFibre incorporates a wholesale commitment which would need TalkTalk to provide its customers broadband services which...

Read More >>
Clairvest leads its sixth minor growth equity financing in DTG Recycle

The deal is done to support the company’s expansion in the Pacific Northwest. This will be Clairvest’s sixth investment in the waste management industry. Clairvest Group Inc., an equity management company, recently announced that it...

Read More >>
Qatar to develop a 800MW solar power plant with Total & Marubeni

Like most of its oil-rich neighbors, Qatar seems to be pushing towards solar power to meet its local energy needs. The nation, being one of the leading exporter of LNG (liquefied natural gas) across the globe, has reportedly inked an agreement with J...

Read More >>
Shannon provides safe & reusable thermal blanket insulation for NDS

  Shannon blanket insulation can offer up to 85% heat loss reduction over a surface They can prove to be an energy saving solution while improving the safety Shannon Global Energy Solutions, a leading designer and builder of reusable therm...

Read More >>
SSE takeover of energy service arm from Ovo for £500M on the cards

SSE, the UK energy giant, has stated that it will soon complete the sale of its energy service arm to Ovo for £500 million, incorporating £400 million in cash and £100 million in loan notes. SSE sees this as an opportunity at hand t...

Read More >>
Apple snaps up AI start up Xnor.ai in a deal worth up about $200M

Apple has acquired a Seattle-based AI start up Xnor.ai that specializes in edge-based and low-power artificial intelligence tools. The acquisition is in line with Apple’s much-talked about procurement of Turi, a Seattle-based AI start up in 201...

Read More >>
Magellan Aerospace to supply landing gear assemblies to Collins

The company offers intricate assemblies and systems solutions for aircraft manufacturers Magellan will use its global resources in India, Poland, Kitchener and New York Magellan Aerospace Corporation, a Canadian-based aerospace system and compon...

Read More >>
AWM Smart Shelf & Microsoft join forces to exhibit AWM Frictionless™

In order to facilitate intelligent retail with AWM Frictionless™ (autonomous shopping solution), Adroit Worldwide Media, Inc. (also known as AWM Smart Shelf® or AWM), which is a vision technology company, has formed a partnership with Micro...

Read More >>
BW Group-KVH renew 5-year contract to upgrade vessels to HTS network

KVH Industries, Inc. has recently announced and signed a 5-year contract with BW Group, a leading maritime company functioning in different segments of gas, tanker, and offshore (products include LPG and LNG carriers, product tankers, and offshore fl...

Read More >>
P&G confirms plans to acquire female personal care brand Billie

Billie will continue to be headed by its co-founders Jason Bravman and Georgina Gooley The acquisition will help bring high-quality products at affordable prices to women worldwide P&G, an American multinational consumer goods firm, recently...

Read More >>
SSH.COM – DIT join hands to upgrade enterprises’ data security

IT admins in various companies come across complex situations in implementing multi-cloud and service hybrid. With IT workloads moving to the cloud, target servers get spun up and down. This leads to delayed access and noncompletion of critical tasks...

Read More >>
Xerox raises $24 billion from banks to support acquisition of HP

Xerox received funds from leading financial institutions such as Citi Bank, Bank of America and Mizuho   The proposed merger will help both the companies save costs up to USD 2 billion over two years Prominent American corporation Xerox, t...

Read More >>
HP and Tile enter a definitive agreement to make laptops trackable

HP and Tile enter a definitive agreement to make laptops trackable Tile, a renowned consumer electronics company helping users find their electronic devices reportedly announced its new contract with HP, the computer market giant, to launch a laptop...

Read More >>
Tenaris concludes US$1.1Mn deal to acquire IPSCO Tubulars

Tenaris S.A., a global supplier and manufacturer of steel pipes, has recently announced the successful completion of its prior announced plans to acquire U.S. rival IPSCO Tubulars, Inc. from PAO TMK. As per sources, the price bid for the acquisition...

Read More >>
Luxoft unveils its new shared mobility concept Luxoft HALO

Luxoft, a subsidiary of DXC Technology Company, has unveiled Luxoft HALO in collaboration with Amazon, Mapbox, and LG Electronics. Luxoft HALO is the latest concept of shared mobility, which features innovative digital, consumer-grade in-vehicle...

Read More >>
Drunk Elephant unveils F-Balm Electrolyte Waterfacial at Sephora

  The skincare and cosmetics brand, in unison with Sephora, announced the launch of F-Balm Electrolyte Waterfacial. The product is expected to efficiently restore the moisture content and maintain a balance of hydration whilst providing a co...

Read More >>
HOOKIPA doses first patient in HB-201 Phase 1/2 trial for HPV16+ cancers

  HB-201 is an immunotherapy to treat Human Papillomavirus 16-positive (HPV16+) cancers HPV has been estimated to cause nearly 5% of cancers worldwide, majorly due to HPV serotype 16 HOOKIPA Pharma Inc.,  a developer of immunotherapeu...

Read More >>
Petronas Brazil acquires 50 per cent stake in two oilfields

The closing agreement of the acquisition was held on December 27, 2019, in Rio de Janeiro, Brazil.   Petronas Petróleo Brasil Ltda., a subsidiary of  leading Oil & Gas company, PETRONAS BHD ( Petroliam Nasional Berhad) rec...

Read More >>
Amazon guarantees 500 jobs with launch of Deltona fulfillment center

  The Deltona facility is to be constructed at one million square foot land scape and is expected to cater over 500 jobs. Deltona is the retail giant’s fifth facility in the state of Florida. Retail giant, Amazon Inc., has reportedl...

Read More >>
USDA unveils plans to invest in 42 states to improve water quality

The United States Department of Agriculture (USDA) and Donald LaVoy, Deputy Under Secretary, Rural Development, have reportedly announced that the department will be investing $635 million across 122 projects in order to improve the condition of wate...

Read More >>
Turkcell announces launch of Turkey’s new email service, YaaniMail

  YaaniMail can be used by both corporate and regular customers irrespective of their location, operator or device The email service is integrated with Turkcell’s cloud platform Lifebox Turkcell is targeting 2 million registered users...

Read More >>
Sunnybrook Health and Evident collaborate to enhance patient care

The partnership will render affordable solutions for managing patient outcomes across the Canadian healthcare industry Sunnybrook Health Sciences Center – a leading trauma center based in Canada has recently tied up with Evident – a memb...

Read More >>
TerniEnergia inks the closure pact of 4 PV plants for 4.1 mn euros

The energy solution provider is likely to close the sales pact of 4 of its photovoltaic plants for a financial deal of 4.1 million euros.   The capacity of these plants is claimed to be around 4 megawatts. One of Italy’s energy solut...

Read More >>
Uber Co-founder and ex-CEO sells company shares worth US$2.5 billion

·         Travis Kalanick sold nearly 90% of his shares and may soon be divested ·         He had resigned from the firm over fraud, discrimination and sex...

Read More >>
Facebook and Instagram to ban marketing of guns and vapes on platform

Instagram and Facebook have reportedly announced to shut down a loophole that lets vendors sell vapes and guns on their platforms. The social networks have already banned marketing of these products, however, through this move they are aiming to comp...

Read More >>
Frontier expands its services by adding 18 new nonstop routes

Frontier Airlines, the Denver-based ultra-low-cost carrier commercial airline, recently added 18 new nonstop routes along with previously announced seven routes out of Newark International Airport. Reportedly, these newly added routes include t...

Read More >>
Devon announces sale of Barnett Shale assets for $770 million

Devon Energy, a leading independent oil and natural gas exploration and production company, has reportedly announced a new strategic agreement to sell its assets in the Barnett Shale for $770 million. The assets which spans 320,000 acres and contain...

Read More >>
Merck Animal Health sets the seal on the acquisition of Vaki

Merck Animal Health recently set the seal on acquisition of Vaki from Pentair, thereby taking further strides towards the numero uno position in aquaculture. People aware of the situation claim the acquisition will help Merck Animal Health bolster it...

Read More >>
Disney Plus and Canal Plus ink agreement for distribution in France

  The two firms already held a programming agreement for many years Canal Plus Group will be an exclusive distributor of Disney Plus in France American streaming service Disney Plus has recently signed an exclusive distribution agreement w...

Read More >>
Delta-Wheels Up unite to create one of the world’s largest private aircraft fleet

Delta-Wheels Up unite to create one of the world’s largest private aircraft fleet Delta Airlines to attain minority stake in aviation company Wheels Up and establish one of the world’s largest fleet of private planes. This alliance is...

Read More >>
PG&E installs weather stations and HD cameras to supervise wildfire

Pacific Gas and Electric Company (PG&E) has announced that it has installed over 600 weather stations and 130 high-definition (HD) cameras all over its service zone. The recent move is a part of the company’s Community Wildfire Safety Progr...

Read More >>
Mobility management firm Passport secures $65Mn from Series D funding

In recent years, various tech firms and startups have introduced innovative services and platforms into the market. Passport is one such cloud tech startup that has made significant strides in the mobility management sphere. Recently, the company mad...

Read More >>
DWT wins grant from U.S. DOE for pre-prototype turbine design

Researchers across the world are putting in their best to seek ways to utilize wind as a distributed energy source. The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) works with numerous small-scale businesses to furthe...

Read More >>
Sanofi wins $226m in funds to expand influenza vaccine capacity in US

The agreement is supported by federal funds from BARDA   A new manufacturing unit is to be established to facilitate sustainable production France based pharmaceutical company- Sanofi Pasteur has reportedly signed an agreement with the U.S...

Read More >>
LATAM pronounces termination of joint venture plans with IAG

The two companies are anticipated to part ways after the decision of exiting the Oneworld alliance.   Apparently, the decision is unlikely to affect the long terms relationship of the companies. In a recent instance of calling off an antic...

Read More >>
AFC teams up with Brahms Oil to develop refinery project in Guinea

The project involves developing a petroleum storage and associated refinery in Kamsar   AFC is also in early talks to develop various mining projects and a 33 MW solar project Nigeria-based multilateral development financial institution Af...

Read More >>
SIBUR and BASF sign a memorandum for sustainable development

BASF and SIBUR have reportedly inked a Memorandum of Understanding (MOU) to validate their collaboration on circular economy and sustainable development agenda. Earlier in June 2019, both the companies had environmental discussions. The MoU was ...

Read More >>
Instagram finally introduces age verification feature for new users

Up till now social networking platform Instagram was careless about its users’ ages. However, after nine years since inception, the company is now becoming more responsible to protect underage users from risks and problems associated with socia...

Read More >>
Invenergy inks strategic partnership with EPM for new projects

The alliance aims at developing and building large scale wind and solar energy projects in the state of Colombia. Around 500 megawatts of new renewable projects in Colombia to be realized by 2025 through the strategic partnership. Chicago based ...

Read More >>
U.S. college student accuses TikTok of sending personal data to China

Social media video platform TikTok is reportedly being accused by California college student Misty Hong. Misty apparently claims that TikTok’s Chinese parent company Byte Dance and TikTok are transferring U.S. user data to Chinese servers. Sou...

Read More >>
EU Antitrust officials look into Google data collection methods

  EU sent questionnaire to several companies for feedback on Google The investigation is also regarding Google’s search, advertising, browser and login services American multinational technology company Google is reportedly under fu...

Read More >>
Enel X introduces Homix with built-in Amazon Alexa feature

U.S. based energy solution provider, Enel X North America has recently made some strides in the smart home industry. As per reports, the company has introduced a new smart home solution, dubbed Homix, which comes with built in Amazon Alexa. The devic...

Read More >>
Ideanomics inks deal to form a joint venture with Yunnan Energy

The deal would see both the firms set aside a New Energy Industry fund which would empower new battery-based power initiatives.  Ideanomics, a global fintech firm, recently inked an exclusive deal with Yunnan Energy to establish a joint venture...

Read More >>
Orsted unveils plans for the world’s first 5GW offshore wind island

Orsted, a Denmark based power company, has reportedly revealed plans for a new 5GW offshore wind capacity that would connect Denmark, Germany, Sweden and Poland, making it the world’s first energy island in the Baltic Sea. The offshore wind pa...

Read More >>
INNIO and HanseWerk AG sign LOI for a hydrogen flagship project

Against the backdrop of depleting non-renewable energy resources, green hydrogen is increasingly being considered as an energy asset. Several countries are eyeing on harnessing the enormous potential stored by hydrogen technology to achieve decarboni...

Read More >>
US Mayo Clinic teams up with the Middle East to run a “Mega Hospital”

  Mayo Clinic aims to replicate its care in the Abu Dhabi center.   The new four-tower campus shall be opened in early 2020.    Minnesota-based medical center, Mayo Clinic reportedly announced that it will enter a joint v...

Read More >>
NextDecade bags an approval from FERC for its Rio Grande LNG Project

NextDecade Corporation is a promising LNG development company that plans to build the biggest LNG export solution connecting Permian Basin associated gas with the international LNG market. It has a rich LNG project portfolio which includes the 4.5 Bc...

Read More >>
Accenture opens innovation hub for Australian energy & mining sector

Accenture plc., a multinational professional service provider company recently opened an innovation hub for mining and energy companies in Western Australia. The hub has been opened in an effort to aid mining and energy companies in addressing t...

Read More >>
Google set to impose limitations on political ad targeting worldwide

  Advertisers will not be able to target customers based on their political affiliations Restrictions to be levied in the U.K. by the end of the year ahead of its general elections U.S. based multinational technology company Google report...

Read More >>
NCR buys POS Solutions and expands its restaurant technology in Austin

  The deal will represent NCR’s fourth local office acquisition in the state Its restaurant technology is trusted by 100,000 restaurants worldwide NCR Corporation, leading provider of point-of-sale and restaurant solutions, has recen...

Read More >>
Airbus secures an order from Air Arabia for 120 A320neo aircraft

  The UAE’s only listed airline vies to expand its operation beyond Middle East. A320neo Family received over 7,000 firm orders from more than 110 customers globally. Introduction of A321XLR believed to be a quantum leap from A321LR. ...

Read More >>
Pengmen International launches rare red sandalwood cosmetic products

Pengmen International Trading Co., Ltd., a leading health care product producer based in China has delved into combining health & beauty. The company  used modern technology and an ancient Chinese medicine to convert an expensive and rare sp...

Read More >>
Saipem wins a subsea contract for Payara development project in Guyana

Saipem will provide detailed EPIC of a large subsea production facility.   The company will develop risers, subsea structures, and flowlines for the project Saipem S.p.A., an Italian oilfield services firm, has reportedly won a subsea cont...

Read More >>
CoreKinect & Kudelski debut disposable cold chain tracking solution

The food track solution revolutionizes cold chain tracking.   Cutting-edge sensors manufactured at a disruptive price point takes a quantum leap. The Kudelski Group (SIX: KUD.S) and Corekinect today announced the roll out of much-anticipat...

Read More >>
Aroma Bit secures funds to develop next-generation odor imaging sensor

The company has undertaker shares with Sony Innovation Fund by IGV, which will be used to enhance the feature of its odor sensors. Aroma Bit, Inc., a Tokyo-based tech organization, has reportedly undertaken a 3rd party allocation of new shares with ...

Read More >>
Amazon Australia announces partnership with Zip Co. for BNPL service

  Zip would become Amazon’s first “Australian installment payment option”. Zip shares soared around 24.1%, right after the market open to A$4.27. E-commerce giant, Amazon Inc.’s Australia unit has reportedly entered...

Read More >>
McLaren, Petrobras end £150 million F1-sponsorship deal after 2 years

Petrobras was to be McLaren’s official commercial and technical partner during this F1 season Brazil’s president Jair Bolsonaro ordered for termination in early 2019 British motor racing company McLaren Motors has recently anno...

Read More >>
AT&T to pay a $60 million fine for throttling data of its customers

With growing data usage across the world, several telecom carriers are offering unlimited data plans. However, with growing usage, some service providers are allegedly limiting the bandwidth by further slowing down data speeds, thereby decreasing the...

Read More >>
One million car charging points in Germany by 2030, says upbeat Merkel

Merkel wants to drastically increase the number of electric cars charging stations.   Berlin will explore cars run on hydrogen fuel cells. Germany is likely to be equipped with one million charging stations for electric cars by 2030, said ...

Read More >>
Accenture to back Santen Pharmaceutical to build a enterprise platform

Accenture is one of the leading global professional services company which offers a wide range of solutions and services in consulting, strategy, digital technology and operations. With over 492,000 employees serving customers in over 120 nation...

Read More >>
BASF and NRGene sign research collaboration to expedite crop breeding

BASF SE, the renowned German chemical firm, and Israel-based Genomics company, NRGene, have reportedly announced a new research collaboration agreement that revolves around the adoption of the cloud-based AI (artificial intelligence) technology, deve...

Read More >>
3D at Depth reveals its Asset Integrity Solution at the NOSP

3D at Depth Inc., one of the leading experts in 3D data solutions and subsea laser LIDAR technology, recently held a successful showcase of technology in collaboration with OneSubsea at the Norwegian Forum for Offshore Survey and Positioning (NOSP). ...

Read More >>
Hyundai Mobis partners with Velodyne to develop new Lidar system

Beyond companies like Tesla who are developing self-driving cars, a set of automakers are investing heavily over the development of advanced vehicle parts. Tech firms working in the automobile sector are attracting record levels of deals, funding as ...

Read More >>
Lee Equity buys skincare brand Cosmetic Solutions for undisclosed sum

CEO Warren Becker and Chairman Mervyn Becker will continue leading the company   The Sage Financial Group acted as the financial advisor for Cosmetic Solutions New York-based private equity firm Lee Equity Partners, LLC, has recently annou...

Read More >>
Jack Links Protein Snacks partners with esports franchise Envy Gaming

The world of video gaming has revolutionized over the past couple of years and has become a fast-growing global phenomenon that comprises of millions of fans. Streaming services and live events have seemingly turned casual gamers into internet sensat...

Read More >>
ICRA reviews rating outlook for 1.9 GW of solar and wind projects

ICRA has reportedly revised the rating outlook of one-third of its rated portfolio for wind and solar Rating Agency ICRA has reportedly downgraded approximately 1.9 gigawatts (GW) of solar and wind power projects in its rated portfolio. The agency r...

Read More >>
Total to extend its strategic partnership with Adani Group in India

Increasing demand for oil and natural gas as well as deferred investments in the ongoing oil and gas projects due to the downturn, have resulted in increased collaborations between global firms in order to maintain the oil and gas supply across the w...

Read More >>
Sanitation Districts of LA and MWD unveil new water recycling facility

California has been battling its water problem for a while now. The state has gone through four years of the region’s worst drought in the last decade. Being home to more than 39.75 million residents, the state government is exploring numerous ...

Read More >>
Just Energy announces sale of its UK operations to Shell Energy Retail

There are numerous ways businesses can increase their operational efficiency and enhance cost-cutting. As a part of an expansion strategy, organizations are often seen negotiating new contracts and looking for alternative suppliers. A similar instan...

Read More >>
Delay in approval leads to a halt in NTPC’s major wind project auction

Wind power is one of the most efficient and seasoned sources of renewable energies. Due to rising air pollution caused by conventional sources of energies, several countries have now begun to focus their attention on using renewable energies. Nation...

Read More >>
Plains All American and Holly Energy to form a 50/50 joint venture

Oil transportation and services related to the maintenance and storage have always been witnessing a substantial business growth owing to growing consumption. Increasing oil demands have laid down the foundation of growth for oil transportation and p...

Read More >>
Hecate Energy inks a new 250 MW solar energy deal with Google in Texas

Demand for renewable energy, and by extension, initiatives for solar power projects have witnessed a substantial growth lately due to growing environmental awareness and advancements in clean energy technologies. Various global firms are collaboratin...

Read More >>
Gojek launches Goplay to deliver video streaming services in Indonesia

· Goplay to rival Netflix in Indonesia · Subscription will start at US$6 a month Indonesia-based transportation and payments company Gojek has reportedly launched a video streaming platform, Goplay, that will feature TV Shows and orig...

Read More >>
Chinese wind turbine maker Goldwind launches a new 8 MW turbine

· Goldwind is the largest turbine manufacturer in china with over 32,000 units installed worldwide. · The company plans to run a drag test of the turbine for two months. Goldwind, a Chinese manufacturer of wind turbines, has reportedl...

Read More >>
Facebook buys Servicefriend to build messaging bot for Calibra users

Social network giant Facebook has reportedly acquired Servicefriend, a chatbot startup, with the apparent aim to provide customer service for Facebook Calibra users. Facebook will be collaborating with Servicefriend to build a messaging bot for Calib...

Read More >>
Conecta Wireless allies with Tata Communications for digital services

Digitalization has become an integral part of businesses worldwide. With increasing emphasis on digital transformation, IT organizations across the globe have started expanding their business reach by partnering with industry leaders. A similar inst...

Read More >>
Cadence forays in system analysis & design with Celsius Thermal Solver

The product’s immense parallel execution capabilities deliver 10x faster performance without losing accuracy.   The product integrates with Cadence IC, package as well as PCB implementation seamlessly and simplifies accelerates and des...

Read More >>
Total partners with Envision to tap on China’s solar energy market

Smart solar energy is an emerging field and has virtually fascinated nations worldwide by means of its power generation capability. With the ongoing IoT revolution, companies and end-users are constantly acquainting themselves with the latest advance...

Read More >>
U.S. signals security concerns over Huawei’s 5G network to Gulf allies

The U.S. have told its allies in Persian Gulf to think wisely before using Huawei’s 5G network services and products over security risk. Allegations imposed by the U.S. have been rejected by Huawei. The United States has highlighted worrie...

Read More >>
Gevo inks joint development agreement with Australia’s Leaf Resources

Gevo and Leaf Resources has signed a joint development agreement to explore the possibility to convert cellulose derived sugar and glycerol as an alternative fuel.   The joint development agreement is structured around three phases of work. ...

Read More >>
Walker Die Casting acquired by Allison Transmission for $103 million

Walker manufactures aluminum castings and has been a supplier of the same to Allison from last 20 years. C&R Tool and Engineering and Walker Die Casting will operate as Allison Transmission plants and both companies will continue to operate ou...

Read More >>
WeWork to slash its IPO valuation below $25 billion due to weak demand

WeWork lends workspaces on rent to businesses and start-ups and was founded by CEO Adam Neumann in 2010.   WeWork last raised capital at a valuation of $47 billion in the private market. Even with a $25 billion valuation, appetite for invest...

Read More >>
BreadTalk plans to acquire Singapore’s Food Junction for $80 million

The take-over would be paid in cash, which would position BreadTalk as the third largest food court operator in Singapore. BreadTalk Group, a food and beverage company based in Singapore, plans to acquire Food Junction Management Pte Ltd., a chain o...

Read More >>
KFC entices public, sells out plant-based chicken in less than 5 hours

Allied meat substitute producer, Beyond Meat conducted a trial of its plant-based chicken at a restaurant in Atlanta. The fast food chain company witnessed a humongous demand for the chicken substitute which was same as the measure of popcorn chic...

Read More >>
L&T bags around Rs 2,500 crore order from Indian energy giant NTPC

The order involves installing the most number of FGD systems in India at a single location. Larsen & Toubro Limited, India’s renowned manufacturing and engineering conglomerate, has recently announced that its power business has ...

Read More >>
Lockheed Martin Takes Initiative to Build the F-16 for Taiwan

The first jets should come off the assembly line by the end of 2021 Lockheed Martin, an American global aerospace, defense, security and advanced technologies company is all set to build F-16 for Taiwan. Adding new foreign partners to its list of cl...

Read More >>
Starship Technologies raises $40 million in Series A funding round

The ambitious aim of the company is to deploy robots at 100 schools within the next two years. Starship Technologies, a company that specializes in developing self-driving delivery robots, has reportedly announced that it has raised $40 million in S...

Read More >>
Tesla offers solar rental program to drive its renewable energy trade

However, Vivint Solar and SunRun, the top providers of consumer solar, have installed 56 megawatts and 103 megawatts respectively. Tesla has reportedly announced that it is offering customers a new rental solar power to reinforce the ...

Read More >>
Global tech giants are troubled by the 3% rise in French digital tax

The U.S. Trade Representative (USTR) recently filed a probe into the new tax and termed it unreasonable. Global tech conglomerates, Facebook Inc., Alphabet Inc.’s Google and Amazon.com Inc. are few of the organizations that are willing to tes...

Read More >>
Verizon trades Tumblr, sells social media website to Automattic

Verizon company sold off its acquired microblogging and social networking website, Tumblr to Automattic Incorporation. The offer price has not yet been disclosed but the reports estimate it to be under USD 3 million. Verizon communications owned...

Read More >>
Sears & Kmart to shut their 26 stores in October following bankruptcy

Following the closure of thousands of stores, 21 Sears and 5 Kmart stores are reported to shut down soon. Over 380 stores to remain open globally. Transform Holdco – the new entity formed in February with 400 Sears stores, has reportedly a...

Read More >>
Spark moves eDarling Spain onto cornerstone technology platform

The company reportedly announced the migration of eDarling Spain onto their cornerstone technology project-loveOS. loveOS will manage Spark’s complete portfolio of premium and freemium applications. Berlin based Spark Networks SE repo...

Read More >>
Airbnb buys Urbandoor, ensures comfortable stay for travellers

Airbnb and Urbandoor to work closely for ensuring the comfort for the corporate clients travelling for business purpose. The Urbandoor team will move in with Airbnb Headquartered in California, Airbnb has reportedly announced the acquisition of ...

Read More >>
Pentagon puts USD 10 billion cloud computing contract on hold

Pentagon’s contract is reportedly paused by President Trump in order to examine Amazon Incorporation’s bid following the reports of complaints from other companies. Claims have been made that the company has built its requirements to f...

Read More >>
Verizon confirms 5G network expansion to four additional U.S. cities

·         Verizon continues to lead the world in terms of deploying the next-generation network ·         The company states that its 5G network will be li...

Read More >>
Kubota introduces M8 Series tractor to expand its farming line-up

Kubota will build up on its OEM agreement with Buhler Industries to manufacture the tractor The new series is well suited for hay tool applications in livestock and dairy operations Reports confirm that Kubota North America Corporation, the pa...

Read More >>
South Korea to dispatch a naval unit to Strait of Hormuz for security

The country aims to join US-led Maritime force to guard the oil tankers sailing through Strait of Hormuz by sending a Cheonghae unit. This came in response to a U.S.' request to join Washington-led maritime security initiative. South Korea h...

Read More >>
Apple acquires 5G smartphone modem chip unit of Intel for USD 1B

The deal requires Intel to develop modems for devices other than smartphones California-based leading tech company Apple has reportedly announced the acquisition of Intel’s smartphone modem business valued at USD 1 billion. For the record, A...

Read More >>
OpenTable partners with delivery firms to expand into food deliveries

Uber Eats, GrubHub, and Caviar would be OpenTable’s three delivery service partners.   The new delivery partners would power delivery for more than 8,000 restaurants at the launch. OpenTable, a San Francisco-based online restaurant r...

Read More >>
Sodexo BRS values fintech startup Zeta at $300Mn post Series C funding

The company plans to expand its branches in 7-8 countries within 18 months while doubling its engineering team. Zeta, an Indian fintech startup led by Ramki Gaddipati and Bhavin Turakhia, has reportedly managed to secure an undisclosed amount in a S...

Read More >>
TikTok parent ByteDance acquires UK’s AI music startup Jukedeck

The acquisition would allow TikTok to use more royalty-free tracks, further saving it from expensive licensing problems. TikTok's parent firm, ByteDance has acquired a UK-based startup Jukedeck that makes AI-produced music dubbed as Jukebox. For...

Read More >>
Sun Cable proposes to build worlds largest solar farm in Australia

Singapore-based power cables providing company Sun Cable recently proposed the establishment of a S$19 billion solar farm near Tennant Creek which will be connected by a 3,800km cable to Singapore and is estimated to be the world’s largest...

Read More >>
VMware to buy machine learning acceleration startup Bitfusion

The Texas-based start-up has created an elastic & virtual OS for hardware accelerators. VMware Inc., a software company, recently announced plans to acquire Bitfusion, a Texas-based firm that delivers ground-breaking AI infrastructure disaggrega...

Read More >>
GRC partners with Nihon Form Services for data center cooling in Japan

A leading provider of data center immersion cooling, GRC has reportedly announced its new partnership and licensing agreement with Tokyo-based IT and communications equipment manufacturer, Nihon Form Services (NFS). Apparently, NFS will help customiz...

Read More >>
Oyo acquires co-working space startup Innov8 for INR 200 crores

The purchase marks Oyo’s first footprint into the commercial real estate segment. In a bid to expand its business operations to 50 centers by the end of 2019, India’s leading hospitality chain – Oyo Hotels & Homes has reportedl...

Read More >>
Chevron plans hydropower-driven LNG plant to minimize CO2 emissions

Chevron Corp. is reportedly in talks to seek approval for the modification of its LNG export facility on the Pacific Coast of Canada into an all-electric project. Evidently Chevron, along with its partner Woodside Petroleum Ltd., had announced they ...

Read More >>
GE Renewable Energy to provide 81 wind turbines to Polish wind farm

GE Renewable Energy, a division of General Electric, recently announced that it will be providing 81 onshore wind turbines to Potegowo Wind Project. The wind project is located in Slupsk County in Northern Poland with a capacity of 220 MW. Once the ...

Read More >>
Cal-X acquired by Prototek, CORE Industrial Partners’ portfolio firm

Prototek, the portfolio company of the Chicago-headquartered private equity firm CORE Industrial Partners, reportedly announced that it has acquired Cal-X, Inc., a provider of sheet metal and precision machining fabrication rapid prototyping services...

Read More >>
DiDi unveils new product updates to enhance safety and user experience

Beijing-headquartered multi-modal transportation technology platform Didi Chuxing (DiDi) has recently announced a series of major product updates across its rapidly expanding international markets in Latin America, Australia and Japan. These include ...

Read More >>
Cisco to buy Acacia Communications to expand optical systems portfolio

Reports confirm that Cisco and Acacia Communications have inked a definitive agreement, according to which Cisco would be acquiring Acacia for around $2.6 billion on a fully diluted basis, net of marketable securities and cash. Cisco will pay $70 pe...

Read More >>
Waymo tests free Wi-Fi & music in robo taxis to attract more riders

Self-driving technology development company Waymo, LLC, a subsidiary of Alphabet Inc., the tech giant, recently initiated testing of free Wi-Fi in its robo-taxis in greater Phoenix. Reportedly, a number of the company’s driverless mini vans had...

Read More >>
Indian low-cost airline GoAir launches 7 new international routes

In the next two years, GoAir anticipates reaching the 100 million passenger mark.   GoAir runs a low-cost carrier model, demanding cost leadership, operational efficacy, and reliability. GoAir, India's budget airline is reportedly set ...

Read More >>
Iberdrola and the EVE collaborate to promote renewable projects

The partnership will lead to a major decrease on energy dependence and will produce quality employment. Iberdrola S.A. and the Basque Energy Board (EVE) have reportedly announced that both have created an alliance to encourage projects for investing...

Read More >>
U.S. judge holds up Qualcomm’s plea to block antitrust ruling

The U.S. District Judge Lucy Koh has not given a precise reason for disagreeing with Qualcomm’s motion. A U.S. judge has reportedly ruled against the effort of Qualcomm Inc. to obstruct the implementation of a sweeping antitrust verdict agains...

Read More >>