Jinjiang Electron, a Chinese developer of cardiac electrophysiology devices, has collected over 700 million yuan ($102.6 million) of new financing from investors, including private equity (PE) major Hillhouse Capital Group, the startup announced on Monday. The Chengdu-based company, whose cardiology specialty equipment is used in the diagnosis and treatment of cardiac arrhythmias, raised the new… Continue reading Chinese medical device maker Jinjiang Electron closes $103m from Hillhouse & othersIt raised the new funding from three transactions, including its Se…
Category: Automotive
India Digest: PharmEasy withdraws IPO plans, Koye Pharma hires banker for fresh fundraisePharmEasy is now planning to raise funds from existing shareh…
Indian drug and medical services startup PharmEasy has withdrawn the draft red herring prospectus (DRHP) it filed for its initial public offering (IPO) while Koye Pharmaceuticals has hired investment bank o3 Capital for a fresh fundraise. PharmEasy recalls draft IPO papers Indian drug and medical services startup PharmEasy has withdrawn the draft red herring prospectus… Continue reading India Digest: PharmEasy withdraws IPO plans, Koye Pharma hires banker for fresh fundraisePharmEasy is now planning to raise funds from existing shareh…
Vantage Point: Why Sea Ltd’s share price movement may not be a true gauge of its performance
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Sumitomo Mitsui Financial Group may bid for Indonesia’s Panin Bank, report says
Japan’s Sumitomo Mitsui Financial Group (SMFG) is reportedly considering a bid for Jakarta-based lender PT Bank Pan Indonesia, better known as Panin Bank, Bloomberg reported on Monday, citing people familiar with the matter. The Tokyo-based firm is competing against other potential buyers, including Mitsubishi UFJ Financial Group Inc (MUFG), to acquire a controlling stake in… Continue reading Sumitomo Mitsui Financial Group may bid for Indonesia’s Panin Bank, report says
Malaysia’s cash rebate, payments firm StarBox seeks $23m in US IPO
StarBox Holdings, a Malaysian cash rebate, digital advertising and payments company, has filed to raise about $23 million in an initial public offering (IPO) in the US, making it the first Malaysian firm to directly list on Nasdaq. In a statement, StarBox said its listing on Nasdaq, which will take place on August 23, will… Continue reading Malaysia’s cash rebate, payments firm StarBox seeks $23m in US IPO
What next for VW as Elon Musk’s ‘frenemy’ Herbert Diess is ousted? – The Times
Herbert Diess looked every inch the modern, global auto titan. His private jet hissed to a halt after landing on the Greek island of Astypalaia and the Volkswagen boss stepped off to be greeted by Kyriakos Mitsotakis, the Greek prime minister. The two men were there last summer to unveil the world’s first (nearly) carbon-neutral… Continue reading What next for VW as Elon Musk’s ‘frenemy’ Herbert Diess is ousted? – The Times
@Honda: HONDA CELEBRATES 25 YEARS OF THE CIVIC TYPE R
Introduced in 1997, Civic Type R has been continuously refined to deliver the ultimate front-engine, front-wheel drive experience The Type R name has been synonymous with delivering an unmistakable mix of enthralling dynamics and high-performance engines Crimson Honda badge has now been applied to six generations of Civic Latest variant becomes the performance halo of… Continue reading @Honda: HONDA CELEBRATES 25 YEARS OF THE CIVIC TYPE R
Have to make Indian infrastructure up to world standards: Union Min Gadkari
Union Minister for Road Transport and Highways, Nitin Gadkari Mumbai (Maharashtra): Union Minister for Road Transport and Highways, Nitin Gadkari on Sunday announced his decision to make Indian road infrastructure up to the road infrastructure standards of the USA, “before the end of 2024”. The Minister was addressing National Conference for Civil Engineers and Professionals… Continue reading Have to make Indian infrastructure up to world standards: Union Min Gadkari
Drones procurement framework in works
Representative image The government is preparing a procurement framework for usage of unmanned aerial vehicles or drones for various commercial purposes. The idea is to enable public sector enterprises to decide whether to buy drones as equipment or use them as a service, as the lack of clarity on procurement could impact overall output including… Continue reading Drones procurement framework in works
Barge Transportation Market Size to Grow by USD 32.74 Billion, Rising Crude Oil Movement by Barges to Drive Growth – Technavio
NEW YORK, Aug. 22, 2022 /PRNewswire/ — According to the report “Barge Transportation Market by Type and Geography – Forecast and Analysis 2022-2026“, the market will witness a YOY growth of 4.37% in 2022 and a CAGR of 5.13% during the forecast period. The report is segmented by type (dry cargo barge and liquid cargo barge)… Continue reading Barge Transportation Market Size to Grow by USD 32.74 Billion, Rising Crude Oil Movement by Barges to Drive Growth – Technavio