Amagi signs a definitive agreement to acquire Tellyo’s business

The acquisition of Tellyo’s business will further strengthen Amagi’s video toolset for live sports and news broadcast, and  business expansion in Eastern Europe NEW YORK, Nov. 9, 2023 /PRNewswire/ — Amagi, the global leader in cloud-based SaaS technology for broadcast and connected TV, today announced it has signed a definitive agreement to acquire the business of… Continue reading Amagi signs a definitive agreement to acquire Tellyo’s business

Not looking for investors now; equity infusion will drive Switch Mobility’s future, says Dheeraj Hinduja

Chennai-based Ashok Leyland, which has approved an equity infusion of Rs 1200 crore in its electric vehicle arm, Switch Mobility, has currently put a pause on raising external funding for the time being as it believes that it is enough to meet its development needs for the coming few years.  Dheeraj Hinduja, the Executive Chairman of… Continue reading Not looking for investors now; equity infusion will drive Switch Mobility’s future, says Dheeraj Hinduja

Ashok Leyland expects stronger profits in H2 FY24: CFO Gopal Mahadevan

Ashok Leyland, the country’s second-biggest medium- and heavy truck maker, expects to deliver a better second half both on volumes and margins, on the back of strong demand and softening raw material prices. Gopal Mahadevan, CFO at Ashok Leyland, said, “Our chairman had guided for a double-digit EBIDTA for FY24. In Q1, we had posted… Continue reading Ashok Leyland expects stronger profits in H2 FY24: CFO Gopal Mahadevan

Still a long way from an effective bridge electricity price

“The package presented now falls short and can therefore at best be a start. Part of the package simply extends existing measures such as electricity price compensation and super cap or compensates for deteriorations that have already been decided. The planned reduction in electricity tax compensates for the loss of peak compensation. These measures will… Continue reading Still a long way from an effective bridge electricity price

Hydrogen Fueling Station Market to Garner $22.01 Billion, Globally, by 2035 at 35.9% CAGR: Allied Market Research

Stringent government regulations to control increasing pollution along with the high suitability of hydrogen as fuel and increase in R&D activities related to hydrogen fuel cell technology drive the growth of the global hydrogen fueling station market. WILMINGTON, Del., Nov. 8, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Hydrogen Fueling Station Market by… Continue reading Hydrogen Fueling Station Market to Garner $22.01 Billion, Globally, by 2035 at 35.9% CAGR: Allied Market Research

Grab Reports Third Quarter 2023 Results

Revenue grew 61% year-over-year to $615 million[1] Loss for the period improved by 71% year-over-year to $99 million Group Adjusted EBITDA grew to $29 million, delivering Grab’s first Adjusted EBITDA profitable quarter 2023 Revenue and Group Adjusted EBITDA outlook raised to $2.31 billion to $2.33 billion and $(20) million to $(25) million, respectively SINGAPORE, November… Continue reading Grab Reports Third Quarter 2023 Results

Glamping Tents Fabric Market to Reach $1.9 Billion, Globally, by 2032 at 10.8% CAGR: Allied Market Research

The global glamping tents fabric market is driven by growth in demand for unique outdoor experiences where glamping offers a luxurious and unique way to experience the outdoors, attracting travelers who want to enjoy nature without sacrificing comfort. This increasing demand for unique outdoor experiences drives the need for high-quality glamping tents and consequently, glamping… Continue reading Glamping Tents Fabric Market to Reach $1.9 Billion, Globally, by 2032 at 10.8% CAGR: Allied Market Research

Exascend Unveils Automotive Storage Solutions for Connected Vehicles

TAIPEI, Nov. 8, 2023 /PRNewswire/ — Exascend, a service-oriented provider of innovative storage and memory solutions, today announced its EM500 series e.MMC and microSD500 series memory cards to meet rising data storage demands of connected and autonomous vehicles. These products, equipped with advanced 3D TLC NAND flash technology, are designed to withstand temperatures up to 105°C and… Continue reading Exascend Unveils Automotive Storage Solutions for Connected Vehicles

Motorcycle Seat Market to Reach $76 Billion, Globally, by 2032 at 6.9% CAGR: Allied Market Research

Rise in demand for two-wheeler due to traffic congestion and increase in investment by manufacturers in motorcycle industry for superior performance & comfort drive the growth of the global motorcycle seat market. PORTLAND, Ore., Nov. 9, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Motorcycle Seat Market by Seat Type (Single Seat and Split Seat),… Continue reading Motorcycle Seat Market to Reach $76 Billion, Globally, by 2032 at 6.9% CAGR: Allied Market Research

Base Metal Mining Market Forecasts 2023-2030: Growing Production of EVs and Rising Investment in Renewables Industry Drives Base Metal Mining Growth

DUBLIN, Nov. 9, 2023 /PRNewswire/ — The “Base Metal Mining Market Size, Share & Trends Analysis Report By Product, By End-Use, By Region, And Segment Forecasts, 2023 – 2030” report has been added to ResearchAndMarkets.com’s offering. The global base metal mining market size is expected to reach USD 744.14 billion by 2030, expanding at 3.8% CAGR… Continue reading Base Metal Mining Market Forecasts 2023-2030: Growing Production of EVs and Rising Investment in Renewables Industry Drives Base Metal Mining Growth