Ceat has launched a range of tyres specifically designed for four-wheeler EVs. Normally, EVs operate as silent vehicles with high torque, making the tyre noise more evident. It’s new ‘EnergyDrive’ tyres, the company claims has what it describes as CALM (CEAT Acoustic Lowering Material) technology created using patented sound absorbing material which reduces noise by filtration… Continue reading Ceat launches tyres for four-wheeler EVs
Category: News Type
Apollo targets dollar 5 billion in revenue by FY26
Apollo Tyres, India’s second largest tyre manufacturer, has worked on a roadmap to reach $ 5 billion revenue by FY26 without compromising on return on capital employed (ROCE) which it expects to be in range of 12-15 percent, earnings before interests taxes, depreciation & amortization (EBITDA) of around 15 percent and net debt- to- EBITDA ratio to be less than… Continue reading Apollo targets dollar 5 billion in revenue by FY26
Kingsoft Cloud latest China firm to seek Hong Kong dual primary listingAlibaba is also seeking to convert its secondary listing in HK to a dual primar…
Cloud computer firm Kingsoft Cloud has filed documents for a dual primary listing in Hong Kong, becoming the latest Chinese company to seek a diversified listing in the Asian financial hub. The New York-listed firm filed its initial prospectus with the Hong Kong Stock Exchange late on Wednesday to press ahead with the listing, which… Continue reading Kingsoft Cloud latest China firm to seek Hong Kong dual primary listingAlibaba is also seeking to convert its secondary listing in HK to a dual primar…
ABC Impact anchors $42m Series D funding in ASD platform Da Mi & Xiao Mi
ABC Impact, the Singapore-headquartered private equity (PE) firm backed by Temasek, announced that it has anchored the $42-million Series D funding in Da Mi & Xiao Mi, a Chinese intervention platform for children diagnosed with Autism Spectrum Disorder (ASD). The funding round also saw the participation of PE and venture capital firm Grand Flight Investment.… Continue reading ABC Impact anchors $42m Series D funding in ASD platform Da Mi & Xiao Mi
Data Vantage: Intel Capital backs Biofourmis, Carousell-Heliconia acquire Laku6
Healthtech unicorn Biofourmis received nearly $20 million this week from Intel Capital as part of a $300 million Series D round announced in April. The startup had earlier received $20 million from venture capital firm Openspace Ventures earlier this year as part of the same round. Intel Capital’s capital injection brings Biofourmis’s Series D equity… Continue reading Data Vantage: Intel Capital backs Biofourmis, Carousell-Heliconia acquire Laku6
Scientists Puzzled by Strange Row of Holes on Ocean Floor
What in the world? Hole Story Over the weekend, a team of National Oceanic and Atmospheric Administration (NOAA) ocean explorers came across something seriously unsettling lining the Mid-Atlantic ocean floor: a series of holes dug into the sandy seabed at seemingly regular intervals, as seen in footage taken by the NOAA’s remotely operated submarine. “These holes… Continue reading Scientists Puzzled by Strange Row of Holes on Ocean Floor
Jupiter’s Moons Accused of Sucking Up the Planet’s Rings
Talk about the vacuum of space! Left Out Have you ever wondered why Saturn has those giant, gorgeous rings, while the even larger Jupiter doesn’t? They’re both neighboring gas giants, so what’s the deal? You wouldn’t be the first, and scientists now think they know the answer. The lack of rings, according to a new… Continue reading Jupiter’s Moons Accused of Sucking Up the Planet’s Rings
Archipelago Appoints Sergio Alberto Menéndez as its new Director of Sales & Marketing – The Americas
“Sergio brings over 20 years of regional sales and marketing expertise and experience to our Group including extensive destination experience of Cuba, which is an important regional market for Archipelago. He joins our team at an exciting time as we implement our ambitious regional expansion strategy. This will see us add 3,500 rooms to our… Continue reading Archipelago Appoints Sergio Alberto Menéndez as its new Director of Sales & Marketing – The Americas
Global Fresh Meat Packaging Market Size to Grow by USD 2.48 bn, Amcor Plc and Berry Global Group Inc. Among Key Vendors – Technavio
NEW YORK, July 27, 2022 /PRNewswire/ — The fresh meat packaging market will be driven by factors such as the rising adoption of case-ready meat packaging. This type of packaging is used for all types of fresh meat, including beef, chicken, pork, lamb, and others. Developed countries such as the US and the UK are the… Continue reading Global Fresh Meat Packaging Market Size to Grow by USD 2.48 bn, Amcor Plc and Berry Global Group Inc. Among Key Vendors – Technavio
@Hyundai: EV Auto Charging Robot | Hyundai Motor Group | Robotics Lab
Play Introducing a new method of charging without driver assistance! Auto Charging #Robot (ACR) is a solution that relives inconvenience caused from heavy connectors of EVs. The robot automatically recognizes the charging port of an EV, inserts charger and disconnects when charging is complete. Check out the technology applied to ACR and its features in… Continue reading @Hyundai: EV Auto Charging Robot | Hyundai Motor Group | Robotics Lab