Indian pharmaceutical major Cipla is exploring a stake sale to private equity majors including Blackstone and Baring Asia, MoneyControl reported. Meanwhile, Canada-based alternative investment manager Brookfield is reportedly in advanced talks to close a real estate transaction. Cipla mulls stake sale to PE majors Pharmaceutical major Cipla is exploring a stake sale to private equity… Continue reading India Digest: Cipla mulls stake sale; Brookfield in talks to buy Mumbai projectThe promoters currently own a 33.47 % stake in Cipla.
Tag: Strategy
Western car makers look to slash EV costs to fight Chinese onslaught
Western automakers are fretting about an “invasion” of cheap Chinese electric cars in Europe, prompting France’s Renault to say on Thursday it was aiming to slash production costs for its electric models by 40%. Finance chief Thierry Pieton said the best way to fend off price competition was for Renault to cut its own development and… Continue reading Western car makers look to slash EV costs to fight Chinese onslaught
What’s in the Offing for BorgWarner (BWA) in Q2 Earnings?
BorgWarner BWA is slated to release second-quarter 2023 results on Aug 2 before market open. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings per share and revenues is pegged at $1.13 and $4.35 billion, respectively. For the second quarter, the consensus estimate for BWA’s earnings per share has moved south by a cent in… Continue reading What’s in the Offing for BorgWarner (BWA) in Q2 Earnings?
Musk extols Twitter’s new X name, but analysts are dubious
Anadolu Agency/Contributor/Getty Images Last weekend, Twitter CEO Elon Musk performed his own version of “Bye Bye, Birdie.” In yet another “out-of-the-blue” move that should have surprised no one but still created a stir, Musk revealed that Twitter would be renamed and rebranded to X. In short order, the domain name X.com redirected to Twitter, the… Continue reading Musk extols Twitter’s new X name, but analysts are dubious
John Lau takes legal action against Heath Zarin, EV Cornerstone
Cargo Services Far East Limited and CS International (Seafreight) Limited file lawsuit against EV Cargo Global Forwarding GmBH HONG KONG, July 26, 2023 /PRNewswire/ — Mr. John Lau Shek Yau (“John Lau or Mr. Lau”), founder of Cargo Services Group as well as JL Enterprises, began legal dispute and litigation proceedings against Heath Brian Zarin… Continue reading John Lau takes legal action against Heath Zarin, EV Cornerstone
H World Announces Preliminary Q2 Operating Results
RevPAR Recovers To 121% Of The 2019 Level HONG KONG, July 26, 2023 /PRNewswire/ — H World Group Limited (“H World” or “the Group”, NASDAQ: HTHT and HKEX: 1179) announced its preliminary results for hotel operations in the second quarter ended 30 June 2023 (“Q2 2023“). As of 30 June 2023, H World operates 8,750 hotels with… Continue reading H World Announces Preliminary Q2 Operating Results
Harnessing IoT and AI: NG911 Market Set to Transform Public Safety Landscape
DUBLIN, July 27, 2023 /PRNewswire/ — The “Next Generation 911: The Future of Public Safety – Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering. NG911: Revolutionizing Public Safety with IP-Based Communications and Advanced Technologies NG911, the next-generation emergency response system, marks a paradigm shift in the public safety landscape, catering to the dynamic demands… Continue reading Harnessing IoT and AI: NG911 Market Set to Transform Public Safety Landscape
KARMA CONTINUES MANAGEMENT EXPANSION: RYAN BLANCHETTE NAMED SR. VP, SUPPLY CHAIN AND MANUFACTURING
November Brand Relaunch, 2024 Manufacturing Upsurge Top Karma Management’s Agenda IRVINE, Calif., July 27, 2023 /PRNewswire/ — Karma Automotive continues to expand its management team as the Southern California ultra-luxury carmaker ramps up for a brand relaunch later this year and manufacturing acceleration throughout 2004. The newest personnel addition is Ryan Blanchette – formerly senior… Continue reading KARMA CONTINUES MANAGEMENT EXPANSION: RYAN BLANCHETTE NAMED SR. VP, SUPPLY CHAIN AND MANUFACTURING
Baidu Intelligent Driving Business Analysis Report 2023: Apollo (Autonomous Driving Open Platform), Intelligent Driving Domain Controllers, Autonomous Shuttle, V2X, & Electronic Maps and Positioning
DUBLIN, July 27, 2023 /PRNewswire/ — The “Analysis on Baidu’s Intelligent Driving Business, 2022-2023” report has been added to ResearchAndMarkets.com’s offering. Baidu works on three autonomous driving development routes: Apollo Platform, Apollo Go (autonomous driving mobility service platform) and intelligent driving solutions. Apollo Platform In July 2017, Baidu announced the Apollo program, and released an open-source… Continue reading Baidu Intelligent Driving Business Analysis Report 2023: Apollo (Autonomous Driving Open Platform), Intelligent Driving Domain Controllers, Autonomous Shuttle, V2X, & Electronic Maps and Positioning
German Handelsblatt: Half-year figures: Mercedes sells more cars and increases profits – a small division brings large margins007366
Strikte Kostendisziplin und boomende Nobeltransporter beflügeln das Geschäft von Mercedes-Benz. Der Stuttgarter Autobauer konnte seinen Reingewinn im ersten Halbjahr auf 7,7 Milliarden Euro steigern, wie das Unternehmen am Donnerstag mitteilte. Das entspricht einem Plus von 13 Prozent im Vergleich zum Vorjahr. Der Umsatz legte parallel um sechs Prozent auf fast 76 Milliarden Euro zu.Trotz gestiegener… Continue reading German Handelsblatt: Half-year figures: Mercedes sells more cars and increases profits – a small division brings large margins007366