Neither Alphabet Inc’s Google nor Twitter Inc had signed up to Indonesia’s new licensing rules as of midday Wednesday, ministry records showed, as a deadline loomed that could see their services temporarily blocked in the country. The registration is required under rules released in late 2020 that give authorities broad powers to compel platforms to disclose data of certain users and take down content deemed unlawful or that “disturbs public order”… Continue reading US firms Google, Twitter yet to sign up to Indonesia’s new licensing rules
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India: E–scooter maker Ather says high costs pushing back profit timeline
Indian electric-scooter maker Ather Energy said a surge in raw material costs and supply chain disruptions were delaying the company’s path to profit despite high demand for its vehicles. “I was hoping to break even later this year itself. I would add a few quarters to that now,” its Chief Executive and co-founder Tarun Mehta told Reuters. Electric-vehicle manufacturers globally have seen a… Continue reading India: E–scooter maker Ather says high costs pushing back profit timeline
Zomato-backed Shiprocket buys omnichannel platform Omuni for $25m
Indian logistics tech platform Shiprocket, which is backed by Zomato and Temasek, said it has acquired textile manufacturer Arvind’s SaaS business Omuni in a Rs 200-crore ($25 million) cash-and-stock deal, strengthening its omnichannel offering by reducing delivery timelines and enhancing customer experience. Omuni’s acquisition is the latest addition as part of Shiprocket’s shopping spree, which… Continue reading Zomato-backed Shiprocket buys omnichannel platform Omuni for $25m
@Groupe PSA: OP New Astra Welcomes Colleagues000397
After 400 journalists put the new Astra Sports Tourer through its paces for ten days, it was the turn of the employees at the beginning of July. For one day, groups of employees were split into groups and enjoyed a special program. First a presentation in the building N50, then a test drive around the… Continue reading @Groupe PSA: OP New Astra Welcomes Colleagues000397
Coda Payments’ road to profitable gaming-fintech unicorn
The Singapore-based firm raised US$690 million at a US$2.5 billion valuation in early 2022, but it has been profitable for years. Go to Source
Group 1 Automotive Appoints Mark Bridgland as U.K. Managing Director
Bridgland began his career at Group 1 in 2013 as the U.K.’s finance and insurance compliance manager and has served in a variety of operational and support functions since that time. Prior to joining Group 1, he worked for Lookers PLC and several other U.K. automotive retail businesses. Group 1 CEO Earl Hesterberg commented, “Mark… Continue reading Group 1 Automotive Appoints Mark Bridgland as U.K. Managing Director
TRIUMPH AWARDED F/A-18 GEARBOX MRO AGREEMENT FOR UNITED STATES NAVY
BERWYN, Pa., July 20, 2022 /PRNewswire/ — Triumph Group (TRIUMPH) [NYSE:TGI] and NAVSUP have entered into a five-year maintenance, repair and overhaul agreement extension for the C and D variants of the F/A-18 Hornet Airframe Mounted Accessory Drive gearboxes (AMAD). Designed and manufactured by TRIUMPH Geared Solutions, this advanced and supportable AMAD extends time on… Continue reading TRIUMPH AWARDED F/A-18 GEARBOX MRO AGREEMENT FOR UNITED STATES NAVY
Delhi to get massive boost in EV charging network this year: Details explained
Charge Point Operators of India (CPOS) has approved Joulepoints’ proposal for setting up 5,000 EV chargers across Delhi by the end of this year as a part of a pilot project. Joulepoint will be working with Alektrify to install these charging points at 2,000 allotted locations for piloting under Ease of Doing Business (EoDB). The… Continue reading Delhi to get massive boost in EV charging network this year: Details explained
Caution & strict testing key to avert EV blazes: Experts
Pune: E-mobility experts advised caution and stricter testing of electric vehicle (EV) batteries on Tuesday, a day after seven e-bikes were gutted in a fire triggered by suspected battery overheating at a showroom on Kondhwa-Bibvewadi Road on Monday evening. Thermal runaway situations, which involve short-circuiting of battery cells leading to an uncontrollable generation of heat,… Continue reading Caution & strict testing key to avert EV blazes: Experts
Auto sector to create at least 1 cr jobs for youth in 5-6 years: Chandrasekhar
Minister of State for Skill Development and Entrepreneurship Rajeev Chandrasekhar The automobile sector in India will create at least one crore jobs for youth over the next 5-6 years, Minister of State for Skills and Development Rajeev Chandrasekhar said on Tuesday. While speaking at a memorandum of understanding signing between Toyota Kirloskar Motor and Automotive… Continue reading Auto sector to create at least 1 cr jobs for youth in 5-6 years: Chandrasekhar