Centre approves allotment of 5 MHz spectrum in 700 MHz frequency band to Railways

With this spectrum, the Railways has envisaged to provide LTE (Long Term Evolution) based Mobile Train Radio Communication on its route. The estimated investment in the project is more than Rs 25,000 crore. The project will be completed in the next 5 years. New Delhi : The Central government has approved the allotment of a… Continue reading Centre approves allotment of 5 MHz spectrum in 700 MHz frequency band to Railways

No V-shape recovery expected after second wave unlock, says FADA President

Vinkesh Gulati, President, FADA Q. What’s your thought on the ranking released by ETAuto, what does it say about the industry? The ETAuto ranking gives a birds-eye view of how Auto OEMs are performing on various parameters in a very simplified manner. It is actually an eye-opener for the industry. There has been regular discussion… Continue reading No V-shape recovery expected after second wave unlock, says FADA President

@BMW: HRH The Prince of Wales celebrates 20 years of modern MINI production at Plant Oxford.001199

Munich. His Royal Highness toured the site’s assembly hall, where he was able to meet some of the 130 apprentices, as well as staff who were closely involved in integrating the manufacturing of the MINI Electric onto the standard production line, making Oxford the first BMW Group plant in the world to build fully electric… Continue reading @BMW: HRH The Prince of Wales celebrates 20 years of modern MINI production at Plant Oxford.001199

Inspired Launches V-Play Soccer 3.0 with Kaizen Gaming for the Greek Market

NEW YORK, June 10, 2021 /PRNewswire/ — Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) announced today that it has launched V-Play Soccer 3.0™ online in Greece on www.stoiximan.gr. Kaizen Gaming, one of the fastest-growing Game-Tech companies in Europe that operates in Greece and Cyprus under the Stoiximan brand and in Germany, Romania, Portugal and Brazil under… Continue reading Inspired Launches V-Play Soccer 3.0 with Kaizen Gaming for the Greek Market

JHNA Acquires Pax River-Based Technology Security Associates (TSA)

ALEXANDRIA, Va., June 10, 2021 /PRNewswire/ — JHNA, a leader in digital engineering solutions specializing in serving the nation’s defense and federal communities, announced today it has acquired Pax River-based systems security engineering services firm Technology Security Associates (TSA). TSA is a provider of cybersecurity, anti-tamper, and platform security services protecting DoD systems and information. The… Continue reading JHNA Acquires Pax River-Based Technology Security Associates (TSA)

India: Sundaram Alternates launches third real estate fund

Sundaram Alternates has launched the Sundaram Alternative Opportunities Series–High Yield Secured Real Estate Fund III. Sundaram Alternate Assets Ltd (SA) is a 100% subsidiary of Sundaram Asset Management Company Ltd (SAMC), which is in turn owned by Sundaram Finance Ltd, a leading non-banking financial company in India. Sundaram Alternates currently manages two real estate funds.… Continue reading India: Sundaram Alternates launches third real estate fund

Bangalore-based electric CV start-up Cell Propulsion raises Rs 14 crore

Bangalore-based electric vehicle technology start-up, Cell Propulsion has raised $2 million (Rs 14.8 crore) (in debt and equity) in a growth round from existing investors – Endiya Partners, growX Ventures, Huddle Accelerator and Micelio – which were the key investors in the round. This is in addition to the $1 million (Rs 7 crore) it… Continue reading Bangalore-based electric CV start-up Cell Propulsion raises Rs 14 crore

Amazon Australia chief to join US videogame maker GameStop as CEO

GameStop on Wednesday named the head of Amazon’s Australian business as its CEO and said the struggling videogame retailer may sell new shares, sending its volatile stock down 7% in extended trade and disappointing some of its ardent fan base of individual investors. In a quarterly report that was stronger than analysts forecast, GameStop said it may… Continue reading Amazon Australia chief to join US videogame maker GameStop as CEO

Ford Motor Shows Signs of Revival Under Jim Farley – The New York Times

For years, Ford Motor has been working on a turnaround but showing little progress in the showroom or its profits. But the 118-year-old automaker’s outlook has brightened recently, and many analysts give credit to Jim Farley, who took over as chief executive last October. Ford has introduced several well-received models, including a redesigned F-150 pickup… Continue reading Ford Motor Shows Signs of Revival Under Jim Farley – The New York Times

Audio Interview: The U.S. Automotive Industry Update – What You Need to Know

Detroit: GlobalAutoIndustry.com’s latest Audio Interview ‘The U.S. Automotive Industry Update: What You Need features Daron Gifford. Mr. Gifford is Partner, Strategy Consulting Services Leader, Automotive Industry Leader, and Commercial Due Diligence Services Leader for Plante Moran. Mr. Gifford is also one of the automotive industry’s leading experts. [embedded content]In the 13-minute Audio Interview, Mr. Gifford… Continue reading Audio Interview: The U.S. Automotive Industry Update – What You Need to Know