Ashok Leyland, the Indian flagship company of the Hinduja Group and the commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU), with IDBI Bank, to enter into a strategic channel financing partnership for its dealers, who will be able to avail customised financial solutions. Gopal Mahadevan, CFO, Ashok Leyland, said, “With the combined strength of… Continue reading Ashok Leyland partners with IDBI Bank for providing Channel Finance facilities
Tag: Strategy
Saudi Arabia’s strategic plans to safeguard food security for pilgrims
MECCA, Saudi Arabia, June 21, 2023 /PRNewswire/ — Saudi Arabia has successfully managed to achieve an excellent status in the framework of realizing self-sufficiency for several necessary food products before taking up the task of securing food for millions of visiting pilgrims coming from different countries of the world. According to the head of catering… Continue reading Saudi Arabia’s strategic plans to safeguard food security for pilgrims
Xiamen Airlines, Airbus in tie-up to advance sustainable development across aviation industry
XIAMEN, China, June 21, 2023 /PRNewswire/ — On June 21, Xiamen Airlines and Airbus announced a strategic partnership focused on sustainable development during the Paris Air Show. The partnership aims to enhance collaboration in advancing sustainability within the civil aviation sector. Both parties are committed to supporting the United Nations Sustainable Development Goals (SDGs) and… Continue reading Xiamen Airlines, Airbus in tie-up to advance sustainable development across aviation industry
Shared Mobility Market Overview: Ride Hailing And Sharing Services To Drive Growth At A Rate Of More Than 12% – By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, June 21, 2023 /PRNewswire/ — As per The Business Research Company’s Shared Mobility Global Market Report 2023, the global shared mobility market size will grow from $271.9 billion in 2022… Continue reading Shared Mobility Market Overview: Ride Hailing And Sharing Services To Drive Growth At A Rate Of More Than 12% – By The Business Research Company
SKF announces electric aviation agreement with Lilium
SKF leads the way in bearing provision for the electric aircraft market GOTHENBURG, Sweden, June 21, 2023 /PRNewswire/ — SKF is today announcing that a supplier agreement has been signed with Lilium, developer of the first all-electric vertical take-off and landing (eVTOL) jet. SKF has supported Lilium on the design of electric motor bearings for… Continue reading SKF announces electric aviation agreement with Lilium
Share-based incentive scheme for the CEO of Kamux for 2023-2026
HÄMEENLINNA, Finland, June 21, 2023 /PRNewswire/ — The Board of Directors of Kamux Corporation has approved a long-term share-based incentive plan for the years 2023-2026 for Tapio Pajuharju, Kamux Corporation’s CEO as of June 1, 2023 (the “plan”). The objective of the plan is to encourage and commit the CEO to implement the strategy and to… Continue reading Share-based incentive scheme for the CEO of Kamux for 2023-2026
Military Drone Industry Booming as Revenues Expected to Reach $17 Billion by 2027
PALM BEACH, Fla., June 21, 2023 /PRNewswire/ — FinancialNewsMedia.com News Commentary – The Military Drone Market is positioned to continue rapid growth over the several years to come. The earliest UAVs were known as remotely piloted vehicles (RPVs) or drones. They were small radio-controlled aircraft first used during World War II for target training for… Continue reading Military Drone Industry Booming as Revenues Expected to Reach $17 Billion by 2027
ZIM Expands Partnership with 40Seas to Offer Flexible Digital Financing Solutions to its Customer Base
HAIFA, Israel, June 21, 2023 /PRNewswire/ — ZIM Integrated Shipping Services Ltd (NYSE: ZIM) announced today the expansion of its partnership with cross-border trade financing platform 40Seas, integrating the 40Seas’ flexible digital financing solution via ZIM’s website as well as Ship4wd‘s, ZIM’s award-winning digital freight forwarding subsidiary. The expanded collaboration demonstrates ZIM’s commitment to transforming traditional shipping practices into the digital… Continue reading ZIM Expands Partnership with 40Seas to Offer Flexible Digital Financing Solutions to its Customer Base
SkyTeam partners with Plug and Play to become the leading alliance in innovation
VIENNA, June 22, 2023 /PRNewswire/ — Global airline alliance, SkyTeam, has entered into an innovation partnership with Plug and Play Tech Center, the world’s largest corporate innovation platform and the most active VC worldwide with headquarters in Silicon Valley, to become the leading alliance in fostering a culture of collaboration, co-innovation, and co-creation across their… Continue reading SkyTeam partners with Plug and Play to become the leading alliance in innovation
India: Unacademy, Dunzo backer Blume Ventures marks first close of opportunity fund
Early-stage investor Blume Ventures, which has backed the likes of Dunzo and Unacademy, on Thursday said it has hit the first close of its new opportunity fund, Fund 1Y, at $25 million. Fund 1Y, which is Blume’s third growth fund, comes close on the heels of its $290 million India-dedicated fund which closed in December.… Continue reading India: Unacademy, Dunzo backer Blume Ventures marks first close of opportunity fund