Software has become the heart of the car

2 ‘of reading Electric mobility will not only change the habits of motorists but also the main components of cars. If until now the engine was the heart of the car, software will be the cornerstone in the coming years. The car, understood as a hardware object, takes a back seat because it aims to… Continue reading Software has become the heart of the car

Autonomous driving is resumed, but there is still a long way to go

3 ‘of reading The car that drives alone is back in the spotlight. A month ago, the Volkswagen group relaunched investments with a plan for robotaxis to 2030, however the state of the art of technology brings us back down to earth. The race for assisted driving, in fact, currently reached level 3 against the… Continue reading Autonomous driving is resumed, but there is still a long way to go

Indian SaaS unicorn Freshworks files for $100m US IPO F…

The 11-year old software-as-a-service (SaaS) startup has appointed Morgan Stanley, J.P.Morgan, BofA Securities, Jeffries and Barclays as book managers to the IPO, among others. Freshworks joins the growing list of Indian unicorns which are making a beeline towards public markets. These include financial services major Paytm, insurtech player PolicyBazaar and beauty marketplace Nykaa. Merchant fintech… Continue reading Indian SaaS unicorn Freshworks files for $100m US IPO F…

All macroeconomic parameters improved in last 4 years: NITI Aayog

NITI Aayog vice chairman today termed the performance of the Modi government as ‘miraculous’ saying that all the macroeconomic parameters including growth, inflation and fiscal deficit have shown considerable improvement in the last four years. The government has done well on all fronts considering that the country plunged into a state of policy paralysis and… Continue reading All macroeconomic parameters improved in last 4 years: NITI Aayog

Digitally-enabled businesses engineered for profitable growth: KPMG

New Delhi: New digital technologies like artificial intelligence, cognitive deep learning, autonomous machines and big data analytics are today enabling companies to make the leap to smart, data-driven flexible, agile and connected operations, KPMG in India has said. While digital transformation is need of the hour, it is completely impossible to achieve this without high… Continue reading Digitally-enabled businesses engineered for profitable growth: KPMG

FDI equity inflows up 168% to USD 17.57 bn during Apr-June 2021-22

“FDI equity inflow grew by 168 per cent in the first three months of 2021-22 (USD 17.57 billion) compared to the year ago period (USD 6.56 billion),” it said. New Delhi: Foreign direct investment (FDI) into the country rose by more than twofold to USD 17.57 billion during April-June this fiscal on account of measures… Continue reading FDI equity inflows up 168% to USD 17.57 bn during Apr-June 2021-22

ASDC partners with Hero MotoCorp to bridge digital skill gap at auto dealerships

As per the Memorandum of Understanding (MoU), the partnership is to train the dealership Staff in an apprenticeship model. New Delhi: The Automotive Skills Development Council (ASDC) and country’s largest two wheeler maker Hero MotoCorp have partnered to bridge the digital skill gap at the country’s auto dealerships. As per the Memorandum of Understanding (MoU),… Continue reading ASDC partners with Hero MotoCorp to bridge digital skill gap at auto dealerships

@niche: Xos, Inc. Announces Filing of Form 8-K upon Closing of the Business Combination with NextGen Acquisition Corp (“NextGen”)001178

Xos, Inc. began trading on the Nasdaq on August 20, 2021 under the ticker symbol “XOS” after completing a merger with NextGen Acquisition Corp. The completion of the business combination resulted in net proceeds of $216.7 million in cash (net of transaction costs and redemptions). Raised capital is expected to support the execution of Xos’… Continue reading @niche: Xos, Inc. Announces Filing of Form 8-K upon Closing of the Business Combination with NextGen Acquisition Corp (“NextGen”)001178

ASDC and Hero MotoCorp join forces to bridge skill gap at dealerships

The Automotive Skills Development Council (ASDC) and Hero MotoCorp, India’s largest manufacturer of motorcycles and scooters, have partnered to bridge the digital skills gap in the country’s auto dealerships. As per the Memorandum of Understanding (MoU) signed between ASDC and Hero MotoCorp, this partnership aims to do Dealership Staff Training with Hero MotoCorp in an Apprenticeship… Continue reading ASDC and Hero MotoCorp join forces to bridge skill gap at dealerships

@VW Group: Lamborghini: the recent records and firsts you might not know about. From motorsport victories to the first automotive tests in space003727

Sant’Agata Bolognese, August 27, 2021 – Numerous records and firsts continue to confirm Automobili Lamborghini as a paragon of excellence and innovation in the automotive world.  Here are seven that you might not have known about:   1. Lamborghini is the only automaker to win the 24 Hours of Daytona in the GTD class three… Continue reading @VW Group: Lamborghini: the recent records and firsts you might not know about. From motorsport victories to the first automotive tests in space003727