RAMP Global and IIISLA to digitise automotive insurance claim reporting and management in India

RAMP Global and the Indian Institute of Insurance Surveyors & Loss Assessors (IIISLA), promoted by IRDAI, have signed an exclusive agreement on automotive insurance claims. This strategic collaboration will transform the national landscape of insurance claims processing by implementing RAMP’s pioneering cloud-based technology into IIISLA’s operations.  Ramp Global is a digital platform providing garage management software and other softwares to digitally transform… Continue reading RAMP Global and IIISLA to digitise automotive insurance claim reporting and management in India

MG Motor India and Prestige Group join hands to strengthen Community EV charging infrastructure in Bengaluru

MG Motor India has collaborated with real estate developer Prestige Group, to set up 100 EV chargers across all the real estate developer’s properties in Bengaluru. MG Motor India aims to boost sustainable mobility by introducing MG Comet EV and MG ZSEV to Prestige Group, where the real estate firm’s management and employees will utilise… Continue reading MG Motor India and Prestige Group join hands to strengthen Community EV charging infrastructure in Bengaluru

ATI Announces Proposed Senior Notes Offering

DALLAS, Aug. 7, 2023 /PRNewswire/ — ATI Inc. (NYSE: ATI) announced today its intention to offer $400 million aggregate principal amount of a series of senior notes (the “Notes”), subject to market and other conditions. ATI intends to use up to approximately $300.0 million of the net proceeds to fund its pension liabilities and to… Continue reading ATI Announces Proposed Senior Notes Offering

SANY Engineering Vehicles Unveils New Range of Intelligent New Energy Dump Trucks

CHANGSHA, China, Aug. 6, 2023 /PRNewswire/ — SANY Engineering Vehicles Business Division, (“SANY Engineering Vehicles”) a department of SANY Group (“SANY”) focusing on the production of new energy vehicles, has unveiled its entire range of new products, injecting fresh energy into the new energy dump truck sector. The upgraded models aim to provide more intelligent… Continue reading SANY Engineering Vehicles Unveils New Range of Intelligent New Energy Dump Trucks

Gogo Announces Second Quarter Results

Updates 2023 Financial Guidance and Long-Term Targets Second Quarter Revenue of $103.2 million, up 6% Year-over-Year; Net Income of $89.8 million; and Adjusted EBITDA(1) of $44.1 million, up 7% Year-Over-Year BROOMFIELD, Colo., Aug. 7, 2023 /PRNewswire/ — Gogo Inc. (NASDAQ: GOGO) (“Gogo” or the “Company”), the world’s largest provider of broadband connectivity services for the… Continue reading Gogo Announces Second Quarter Results

‘Baby Defender’ to join JLR’s compact SUV lineup by 2027

The move to introduce new Defender models is reflective of JLR’s ambition to separate each of its core brands – Jaguar, Discovery, Range Rover and Defender – into four distinct product lines.  As part of this separation, which comes under the brand’s so-called ‘House of Brands’ retail strategy, the Defender strapline will be ‘embrace the… Continue reading ‘Baby Defender’ to join JLR’s compact SUV lineup by 2027

Why a baby Land Rover Defender should have launched years ago

The case for a smaller Defender has been clear for years, as product strategy types at Land Rover (is that still a valid name?) have known for more than a decade. But the advent of the latest full sized Defender four years ago has only made it stronger. Main reasons: size and cost. Back in… Continue reading Why a baby Land Rover Defender should have launched years ago

SG-based biopharmaceutical company DotBio raises $5.6m pre-Series AThe round was led by Proxima Ventures, Gaorong Capital, and AIM-HI Accelerator Fund…

DotBio, a Singapore-based biopharmaceutical company, has bagged a $5.6-million pre-Series A financing round led by Proxima Ventures, Gaorong Capital, and AIM-HI Accelerator Fund, according to an announcement. The round, which was oversubscribed, will support the company’s strategy to accelerate the development of its proprietary, multi-functional, and intracellular antibody molecules in oncology. The funds will also… Continue reading SG-based biopharmaceutical company DotBio raises $5.6m pre-Series AThe round was led by Proxima Ventures, Gaorong Capital, and AIM-HI Accelerator Fund…

Skilling platform Disprz raises $30m led by Lumos Capital, 360 ONE Asset

Disprz, a corporate learning and skilling platform, on Monday announced that it has raised $30 million in its Series C funding round led by Lumos Capital Group and 360 ONE Asset (IIFL). The financing also saw participation from Kae Capital, KOIS, and Dallas Venture Capital, the startup said in a statement. The funds raised in… Continue reading Skilling platform Disprz raises $30m led by Lumos Capital, 360 ONE Asset

Among metros, Kolkata has highest car density with 2,448 per km

The finding gives objectivity to what many Kolkatans already know: with more traffic snarls now, commutes within the city are taking longer than ever. With 2,448 vehicles per kilometre of road, Kolkata has the highest vehicular density of all Indian metros, according to data provided by the state transport department and the Kolkata Police. The… Continue reading Among metros, Kolkata has highest car density with 2,448 per km