Singapore-based Jungle Ventures has launched First Cheque@Jungle, a new initiative aimed at spotting and investing in a wave of Asian tech founders even earlier in the pipeline. It targets pre-seed and seed stage startups in Southeast Asia and India, with a view to investing a minimum of $2 million split equally between equity and a… Continue reading Jungle Ventures looks to ‘catch them young’ with new seed-stage initiative for Asian foundersCapital for the initiative, named First Cheque@Jungle, wi…
Tag: Strategy
Cummins Inc. Declares Quarterly Common Stock Dividend
COLUMBUS, Ind.–(BUSINESS WIRE)–The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.68 dollars per share, payable on December 7, 2023, to shareholders of record on November 24, 2023. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design,… Continue reading Cummins Inc. Declares Quarterly Common Stock Dividend
@GM: GM Defense and Anduril Announce Teaming Agreement
GM Defense and Anduril Announce Teaming Agreement 2023-10-10 WASHINGTON, D.C. — GM Defense LLC, a subsidiary of General Motors (GM), and Anduril Industries, Inc. announced a teaming agreement, establishing a framework to collaborate on defense program capture activities. The team is focused on delivering autonomy solutions, battery electrification and other new propulsion technologies, as well… Continue reading @GM: GM Defense and Anduril Announce Teaming Agreement
A Changing Auto Industry, but Still ‘Good Stories in Detroit’
Times Insider explains who we are and what we do and delivers behind-the-scenes insights into how our journalism comes together. For the first time in the nearly 90-year history of the United Auto Workers, the union is on strike against all three of the large Detroit automakers — General Motors, Ford Motor and Stellantis, the… Continue reading A Changing Auto Industry, but Still ‘Good Stories in Detroit’
U.A.W. Widens Strikes at G.M. and Stellantis, but Cites Progress in Ford Talks
The United Automobile Workers union on Friday significantly raised the pressure on General Motors and Stellantis, the parent of Jeep and Ram, by expanding its strike against the companies to include all the spare-parts distribution centers of the two companies. By widening the strike to the distribution centers, which supply parts to dealerships for repairs,… Continue reading U.A.W. Widens Strikes at G.M. and Stellantis, but Cites Progress in Ford Talks
Battle Over Electric Vehicles Is Central to Auto Strike
A battle between Detroit carmakers and the United Auto Workers union, which escalated on Friday with targeted strikes in three locations, is unfolding amid a once-in-a-century technological upheaval that poses huge risks for both the companies and the union. The strike has come as the traditional automakers invest billions to develop electric vehicles while still… Continue reading Battle Over Electric Vehicles Is Central to Auto Strike
ARA PARTNERS ACQUIRES VACUUMSCHMELZE, LEADING GLOBAL ADVANCED MAGNETIC MATERIALS PRODUCER
Sole Western Manufacturer of Sintered NdFeB Electric Vehicle-Grade Permanent Magnets Poised to Meet Significant Demand for High-Quality, High-Performance Magnetic Materials Critical to the Global Energy Transition HOUSTON and HANAU, Germany, Oct. 10, 2023 /PRNewswire/ — Ara Partners (“Ara”), a private equity firm that specializes in industrial decarbonization investments, today announced that it has acquired Vacuumschmelze… Continue reading ARA PARTNERS ACQUIRES VACUUMSCHMELZE, LEADING GLOBAL ADVANCED MAGNETIC MATERIALS PRODUCER
Cendyn doubles down on the future of CRM with strategic acquisition of PUSHTech
Leading hotel tech provider takes transformative step towards a next generation CRM platform that empowers hoteliers to build stronger relationships with their guests whilst driving profitable revenue BARCELONA, Spain, Oct. 10, 2023 /PRNewswire/ — Cendyn, a catalyst for digital transformation in the hospitality industry, is thrilled to announce its strategic acquisition of PUSHTech, a pioneering… Continue reading Cendyn doubles down on the future of CRM with strategic acquisition of PUSHTech
CSP Associates Expands Senior Leadership Team, Adding Dr. Rob Mullins as Senior Managing Director
CAMBRIDGE, Mass., Oct. 10, 2023 /PRNewswire/ — CSP Associates LLC, a leading commercial diligence advisory firm in the aerospace, defense, and government services markets, announced today an expanded senior leadership team, adding Dr. Robert (Rob) Mullins as a Senior Managing Director. Rob will help lead all facets of CSP’s strategic and transaction advisory practices, including… Continue reading CSP Associates Expands Senior Leadership Team, Adding Dr. Rob Mullins as Senior Managing Director
Nox Management Expands Portfolio with Trampo Extreme Acquisition
KUWAIT CITY, Oct. 10, 2023 /PRNewswire/ — Kuwait-based Nox Management acquires Trampo Extreme, a renowned entertainment and adventure enterprise spanning across Kuwait, UAE, Bahrain, Qatar, and Oman. This strategic move marks a pivotal milestone in Nox Management’s ambitious growth and expansion strategy. Globally, the Entertainment Centers sector boasts a staggering worth of US$ 11.2 Billion,… Continue reading Nox Management Expands Portfolio with Trampo Extreme Acquisition