LKQ Europe plans to become a Net-Zero Emissions Company by 2050

LKQ Europe, a provider of recycled and remanufactured auto parts in Europe, has recently pledged on becoming a net-zero emissions firm by 2050. The announcement comes after LKQ Corporation unveiled its 2021 Sustainability Report outlinin....

Broadcom delivers automotive Ethernet switch with the highest bandwidth

Broadcom Inc., a global technology leader specializing in semiconductor and infrastructure software products, has recently announced that it has successfully supplied BCM8958X, the highest bandwidth automotive Ethernet switch device designa....

Swan Energy buys 55% stake in Veritas India to diversify business reach

Swan Energy Limited (SEL), a leading provider of energy and carbon reporting services, has purchased a 55% stake in Veritas (India) for around Rs 172.52 crore (USD 22 million). Confirming the move, SEL said in a statement that under this....

Square partners with VROMO to help restaurants strengthen delivery ops

VROMO, a delivery management software solution provider that works in the restaurant sector, is reportedly collaborating with Square, a financial services and digital payments company, to allow more businesses to use its delivery and t....

Patanjali plans to sell food retail biz to Ruchi Soya for $88Mn

Indian multinational conglomerate holding company, Patanjali Ayurved has recently signed an agreement to sell its food retail unit to Ruchi Soya Industries for Rs 690 crore (USD 88 Million). The deal, which comprises 21 major products su....

KKR to acquire renewable energy firm ContourGlobal for £1.75Bn

ContourGlobal, a British power generation firm, has recently accepted a private equity takeover at a time when the demand for greener energy is increasing due to market turmoil caused by the Ukraine conflict. According to sources, the co....

Tata Power obtains a huge solar project from NHPC worth $223Mn

Tata Power, an electric utility firm based in India, has recently obtained a solar project worth Rs 1,731 crore ($223 million) from NHPC (National Hydroelectric Power Corporation). According to sources close to the move, the wholly-owned....

Apollo in talks to pump $1Bn into India’s residential property market

Apollo Global Management Inc., an American investment management firm, is reportedly planning to lend around $1 billion to Indian property developers this year, making a bet on the recovery of the country’s residential property market....

Tamkeen enters strategic partnership with Bank of Bahrain & Kuwait

Bahrain-based government agency, Tamkeen has recently inked a new strategic partnership agreement with the Bank of Bahrain and Kuwait (BBK) in a row with novel support programs. Incidentally, the agreement is an addition to the partnersh....

Meta platforms join hands with AMD to make broadband more accessible

The two companies will collectively work on mobile internet infrastructure program This partnership aims to reduce base station cost and make broadband more accessible   Meta Platforms Inc., the parent company of Facebook....