Silver Airways unveils new ATR-600 aircraft to expand in the Caribbean

The company is likely to launch four new ATR-600 airplanes in its Caribbean network operation this year The new ATR 72-600 will operate from San Juan, Puerto Rico U.S. based regional airline company- Silver Airways has reportedly launc....

Facebook provides WHO free ad space to counter COVID-19 misinformation

Upon the search of COVID-19 on Facebook, the site will directly link to a local health organization and help prevent the spread of misinformation Facebook will be offering the World Health Organization (WHO) free ad space to assist in p....

Vestas steps into Lincoln Gap wind turbines amid hurdles at Senvion

  Vestas noted that it secured the service agreement from Singapore-based Nexif Energy Lincoln Gap wind farm will have the capacity to produce over 800,000 MWh of electricity annually Vestas is set to service over 230 MW of Senvio....

CIM Group begins first phase construction of Westlands Solar Park

CIM Group LLC, a real estate investment firm, has reportedly commenced the construction of Westlands Solar Park (WSP), one of the largest permitted solar parks across the globe that could generate 2.7 gigawatts of renewable energy, which ma....

Tasmanian govt. plans to invest $50M to develop hydrogen energy plant

The government of Tasmania has recently announced its intention to invest $50 million for the ‘Renewable Hydrogen Action Plan’ to advance the state’s hydrogen energy industry. $20 million from the new $50 million action pl....

Malaysian startup Dahmakan secures $18Mn in a Series B funding round

Dahmakan, a Malaysian full-stack food delivery startup, has reportedly raised USD 18 million in a Series B funding round which involved participation of firms like White Star Capital, Rakuten Capital, GEC-KIP Fund, JAFCO Asia, Woowa Brother....

Skechers to use Goodyear’s technology for high-performance footwear

US-based lifestyle and performance footwear company, Skechers recently revealed to be building on a technology for its footwear in collaboration with the leading tire manufacturing firm, the Goodyear Tire & Rubber Company. Select style....

Automation software company UiPath keen on introducing an IPO

The offering is likely to take place in the first half of 2021.   In 2019, the net worth of UiPath was valued at USD 7 billion. New York-based robotic process automation (RPA) company- UiPath is reportedly nearing its first IPO a....

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 Develo....

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 regist....