Karnataka Government Honors Late Industrialist Vikram S. Kirloskar with ‘Industrial Legacy’ Award

The Government of Karnataka has posthumously honored Vikram S. Kirloskar, former Vice Chairman of Toyota Kirloskar Motor (TKM), with the ‘Industrial Legacy’ Award at the Invest Karnataka 2025 Global Investors Meet. The company also received the ‘Sunrise Sector Pioneer Award’ in recognition of its contributions to automotive innovation and sustainability. The awards, presented in Bangalore… Continue reading Karnataka Government Honors Late Industrialist Vikram S. Kirloskar with ‘Industrial Legacy’ Award

Getaround abruptly shuts down US car-sharing operations

Getaround, a company that helps vehicle owners rent out their cars, trucks and SUVs to other peers, is shutting down its U.S. operations one year after cutting 30% of its North American workforce as part of a restructuring. Its HyreCar business, which it acquired in 2023 for $9.45 million, is also closing. The company said… Continue reading Getaround abruptly shuts down US car-sharing operations

RED Digital Announces Z-Mount Versions of the V-RAPTOR [X] and KOMODO [X]; Price, Preorder and More Info at B&H

Video News: RED Digital Cinema is bringing the Nikon Z-Mount to their V-RAPTOR [X] and KOMODO [X] cinema cameras, alongside Z-to-PL adapters with drop-in ND filters. NEW YORK, Feb. 13, 2025 /PRNewswire/ — B&H is pleased to announce new iteration of RED’s popular V-RAPTOR [X] and KOMODO [X] cinema cameras, now with locking Nikon Z-mounts.… Continue reading RED Digital Announces Z-Mount Versions of the V-RAPTOR [X] and KOMODO [X]; Price, Preorder and More Info at B&H

Newronika Closes €13.6 Million Series B Financing to Accelerate Development of Adaptive DBS Platform

MILAN, Feb. 13, 2025 /PRNewswire/ — Newronika, a global leader in advanced deep brain stimulation, is pleased to announce the successful closing of its €13.6 million Series B funding round. The financing was led by a new investor, Fondazione ENEA Tech e Biomedical, with additional participation from existing investors Indaco Venture Partners SGR, Innogest SGR,… Continue reading Newronika Closes €13.6 Million Series B Financing to Accelerate Development of Adaptive DBS Platform

ION partners with Avalara to tackle tax compliance risks in energy trading

LONDON, Feb. 13, 2025 /PRNewswire/ — ION Commodities, a global leader in energy and commodity management solutions, announces its strategic partnership with Avalara, a leading provider of cloud-based tax compliance automation for businesses of all sizes. As a technology partner in Avalara’s Partner Program, ION Commodities’ solutions will standardize integration with Avalara’s AvaTax for Energy… Continue reading ION partners with Avalara to tackle tax compliance risks in energy trading

Green Motion Adds South Korea to Its Asian Service Region

(L to R): Green Motion South Korea team: Young jin, Semi, Ricky, and Han Seung jae. Photo: Green Motion The South Korean Green Motion franchise was recently acquired by car rental entrepreneur Han Seung-jae, further cementing Green Motion’s presence in the Asia-Pacific region. Green Motion, known for its eco-friendly sustainable rental car fleet, bringing its… Continue reading Green Motion Adds South Korea to Its Asian Service Region

Sinch AB: Year-end report, January-December 2024

STOCKHOLM, Feb. 13, 2025 /PRNewswire/ — Focused on the path ahead October – December 2024 Net sales increased by 3 percent to SEK 7,729m (7,532). Gross profit increased by 2 percent to SEK 2,582m (2,526). EBITDA declined by 63 percent to SEK 307m (818) and was negatively affected by a one-time charge for historical tax… Continue reading Sinch AB: Year-end report, January-December 2024

Sinch AB: Year-end report, January-December 2024

STOCKHOLM, Feb. 13, 2025 /PRNewswire/ — Focused on the path ahead October – December 2024 Net sales increased by 3 percent to SEK 7,729m (7,532). Gross profit increased by 2 percent to SEK 2,582m (2,526). EBITDA declined by 63 percent to SEK 307m (818) and was negatively affected by a one-time charge for historical tax… Continue reading Sinch AB: Year-end report, January-December 2024

DXC Helps European Space Agency Launch GenAI Agents

ASK ESA project uses AI to increase efficiency and share knowledge across major intergovernmental organization ASHBURN, Va., Feb. 13, 2025 /PRNewswire/ — The European Space Agency (ESA) has awarded a contract to DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, to develop an enterprise AI platform to enable ESA to quickly… Continue reading DXC Helps European Space Agency Launch GenAI Agents

Akastor ASA: Fourth Quarter Results 2024

FORNEBU, Norway, Feb. 13, 2025 /PRNewswire/ — Fourth Quarter Highlights: Net capital employed increased by NOK 0.2 billion during the quarter, reaching NOK 5.0 billion. Equity stood at NOK 5.9 billion at quarter-end, equivalent to NOK 21.4 per share, up from NOK 20.4 per share last quarter. HMH reported an adjusted EBITDA of USD 47… Continue reading Akastor ASA: Fourth Quarter Results 2024