LAS VEGAS, May 28, 2021 /PRNewswire/ — Aristocrat Gaming™ and Churchill Downs Incorporated (“CDI”) have again expanded their rewarding partnership by entering a new long-term agreement that will bring Aristocrat’s player-favorite games to the rapidly expanding historical racing machine (“HRM”) market. Aristocrat’s newly engineered historical horse racing machines will operate on Ainsworth’s proprietary HRM system featuring… Continue reading Aristocrat Gaming™ and Churchill Downs Incorporated Sign Long-term Historical Horseracing Agreement
Tag: Strategy
COMSovereign Executes on $10 Million Investment from The Lind Partners
DALLAS, May 28, 2021 /PRNewswire/ — COMSovereign Holding Corp. (NASDAQ: COMS) (“COMSovereign” or the “Company”), a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions, today announced it has signed a funding agreement for gross proceeds of $10,000,000 (the “Investment”) with Lind Global Asset Management IV, LLC, an investment entity managed by… Continue reading COMSovereign Executes on $10 Million Investment from The Lind Partners
Total rebrands itself as TotalEnergies
French oil major Total has rebranded itself as TotalEnergies. The decision was approved by the shareholders at the Ordinary and Extraordinary Shareholders’ Meeting unanimously. The company says the resolution to change the name from Total to TotalEnergies, anchors its strategic transformation into a broad energy company in its identity encompassing oil and biofuels, natural gas and… Continue reading Total rebrands itself as TotalEnergies
GrabSupermarket Launches in Singapore, to Offer over 10,000 Products with Next-Day Delivery
Grab today announced the launch of GrabSupermarket in Singapore, as part of its strategic expansion of GrabMart, Grab’s on-demand everyday goods delivery service. Grab will partner with HAO, one of the fastest growing supermarket chains in Singapore, to offer consumers over 10,000 products with next-day delivery. This partnership aims to meet a rapidly growing market… Continue reading GrabSupermarket Launches in Singapore, to Offer over 10,000 Products with Next-Day Delivery
M&M posts net profit of INR 163 crore in Q4FY21
M&M’s critical efforts to realign its capital allocation strategy also showed signs of bearing fruits as the exceptional loss reported in the quarter by the company fell to Rs 840 crore from Rs 3,578 crore a year ago. MUMBAI: Mahindra & Mahindra and Mahindra Vehicular Manufacturing today reported a combined net profit of Rs 163… Continue reading M&M posts net profit of INR 163 crore in Q4FY21
Mahindra plots 14 LCVs including 6 EVs by 2026
Mahindra & Mahindra, which already has a strong market position in the below-3.5-tonne light commercial vehicle segment in India, is looking to further up the ante. The company has outlined an aggressive new product launch programme that will see it introduce all of 14 new LCVs by 2026. These products include 6 electric vehicles (EVs) electric… Continue reading Mahindra plots 14 LCVs including 6 EVs by 2026
Mahindra Group posts robust Q4 profit on strong auto and farm demand
Mahindra & Mahindra (M&M) and Mahindra Vehicular Manufacturing (MVL) posted a combined net profit of Rs 163 crore in Q4FY2021 compared to a loss of Rs 3,255 crore in Q4FY2020. The combined revenues in Q4 is up 48 percent year-on-year to Rs 13,338 crore (Q4 FY2020 revenue: Rs 9,005 crore) on the back of strong… Continue reading Mahindra Group posts robust Q4 profit on strong auto and farm demand
SG Digest: ST Telemedia GDC expands to Indonesia; CapitaLand ups IT park stake …
ST Telemedia Global Data Centres has announced its expansion into Indonesia while Singapore-based real estate major CapitaLand has acquired the remaining 50% stake in Dalian Ascendas IT Park. ST Telemedia Global Data Centres expands in Indonesia ST Telemedia Global Data Centres (STT GDC), a Singapore-based data centre service provider, has announced a strategic partnership with… Continue reading SG Digest: ST Telemedia GDC expands to Indonesia; CapitaLand ups IT park stake …
Samsung Life acquires 25% stake in Savills IM, commits $1b to investment strategies
South Korea’s largest life insurance provider Samsung Life will acquire an initial stake of 25% in Savills IM Holdings Ltd (Savills IM), a subsidiary of the real estate services provider Savills Plc, for 63.75 million pounds in cash. This is part of a strategic investment alliance between Samsung Life, Savills IM, and real estate asset… Continue reading Samsung Life acquires 25% stake in Savills IM, commits $1b to investment strategies
RPT-EXCLUSIVE-As China plans new rules, global automakers move to store car data locally
By Yilei Sun, Tony Munroe 4 Min Read (Repeats story, with no change to text) BEIJING, May 27 (Reuters) – BMW, Daimler and Ford have set up facilities in China to store data generated by their cars locally, they told Reuters, as automakers come under growing pressure in the world’s biggest car market over how… Continue reading RPT-EXCLUSIVE-As China plans new rules, global automakers move to store car data locally