Profit before interest and tax for the full year was INR 17 crore as against INR 55 crore in the previous year. Chennai: Tube Investment India, an engineering and manufacturing company, has reported revenue of INR 1,663 crore in Q4 compared with INR 1,735 crore in the same period the previous year. The revenue for… Continue reading Tube Investments Q4 FY23 PBT at INR 331 cr
Tag: People
Unfair Automated Hiring Systems Are Everywhere
Earlier this month, Lina Khan, chair of the US Federal Trade Commission (FTC), wrote an essay in The New York Times affirming the agency’s commitment to regulating AI. But there was one AI application Khan didn’t mention that the FTC urgently needs to regulate: automated hiring systems. These range in complexity from tools that merely parse… Continue reading Unfair Automated Hiring Systems Are Everywhere
Institut auf dem Rosenberg Unveils Design for Self-Sustaining Floating Habitat
Student-concepted vessel explores the ocean as new habitable space amidst climate change and rising sea levels HÖHENWEG, Switzerland, May 15, 2023 /PRNewswire/ — Pioneering Swiss boarding school Institut auf dem Rosenberg (Rosenberg) today unveiled its groundbreaking design for ‘Blue Nomad,’ a self-sufficient solar floating habitat. Blue Nomad was conceived by students in collaboration with SAGA Space… Continue reading Institut auf dem Rosenberg Unveils Design for Self-Sustaining Floating Habitat
Zoomlion Empowers Product and Market Development with Glocalization Strategy
CHANGSHA, China, May 15, 2023 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”) shared the milestone achievements of their Glocalization strategy and future roadmap with its global partners and customers at its technological achievements exhibition themed “Technology Salute to the New Era” from May 11 to 14. Continue Reading About 500 Zoomlion’s international… Continue reading Zoomlion Empowers Product and Market Development with Glocalization Strategy
Yanolja Cloud Acquires Leading B2B Travel Solution Provider, Go Global Travel, Enhancing its Global Presence and Technology Solution Offerings
Brings Yanolja Cloud extensive travel inventory of over 1 million products from 200 countries Reinforces Yanolja Cloud’s commitment to leading global digital transformation and enhancing the travel experience SEOUL, South Korea, May 15, 2023 /PRNewswire/ — Yanolja Cloud, a leading global provider of AI-based SaaS solutions for the hospitality and leisure industries, has announced the acquisition… Continue reading Yanolja Cloud Acquires Leading B2B Travel Solution Provider, Go Global Travel, Enhancing its Global Presence and Technology Solution Offerings
CEAT Specialty Showcases Advanced Tire Solutions at Brazil’s Agrishow 2023
SAO PAOLO, Brazil , May 15, 2023 /PRNewswire/ — CEAT Specialty, leading off- highway tire manufacturer, showcased its range of agricultural tires, at Agrishow 2023- Brazil’s largest agricultural technology trade show. The event was held from 1st to 5th May at Ribeirão Preto, Sao Paolo – Brazil. On display are CEAT Specialty’s VF technology tires- Torquemax… Continue reading CEAT Specialty Showcases Advanced Tire Solutions at Brazil’s Agrishow 2023
Abu Dhabi Terminals celebrates milestone achievements – recording 10 million man hours without LTI and handling 20 million TEU since inception
ABU DHABI, UAE, May 15, 2023 /PRNewswire/ — Abu Dhabi Terminals (ADT) has announced that it has set a record by exceeding 10 million man-hours without Lost Time Injury (LTI) and by handling 20 million twenty-foot equivalent units (TEU) containers. These achievements represent major milestones for ADT since inception. Recording more than 10 million man-hours… Continue reading Abu Dhabi Terminals celebrates milestone achievements – recording 10 million man hours without LTI and handling 20 million TEU since inception
Apax Funds make approximately $450m investment in travel tech company IBS Software
DUBAI, UAE, May 15, 2023 /PRNewswire/ — Funds advised by Apax Partners LLP (“Apax”) announced today that they have reached a definitive agreement to invest approximately $450m to acquire a significant minority stake in IBS Software, a leading provider of modern Software-as-a-Service (SaaS) solutions to the global travel and logistics industry, from Blackstone. Following the transaction,… Continue reading Apax Funds make approximately $450m investment in travel tech company IBS Software
Xinhua Silk Road: E. China’s Longkou continues promoting development of marine engineering equipment manufacturing industry
BEIJING, May 15, 2023 /PRNewswire/ — Recently, China’s second offshore mobile self-installing wellhead oil platform has set sail from CIMC Raffles Longkou construction base in Longkou City, east China’s Shandong Province, to Beibu Gulf. The CIMC Raffles Longkou construction base, a leader in the marine engineering equipment manufacturing industry in Longkou, has been actively promoting its… Continue reading Xinhua Silk Road: E. China’s Longkou continues promoting development of marine engineering equipment manufacturing industry
OptiGroup successfully raises EUR 100 million additional debt from leading investors
GÖTEBORG, Sweden, May 15, 2023 /PRNewswire/ — OptiGroup has raised EUR 100 million via a first lien term loan tap issue in a private transaction in addition to its current EUR 425m first lien and EUR 200m second lien debt financing. Leading international and Nordic institutions participated, and the transaction was oversubscribed. The strong interest… Continue reading OptiGroup successfully raises EUR 100 million additional debt from leading investors