Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation

BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Kiepe Electric is a global leader in the electrification of road and rail urban… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation

Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion

NEW YORK, Aug. 9, 2023 /PRNewswire/ — The maritime industry has drastically surged its automation efforts in the wake of global seaport congestion. In addition to solutions such as gantries, automated port gates, and stacking cranes, autonomous horizontal transport modes such as Automated Guided Vehicles (AGVs) that transport containers and loads to and from ships… Continue reading Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion

Rivada Networks Welcomes Michèle Flournoy to its Board of Directors

WASHINGTON, Aug. 10, 2023 /PRNewswire/ — Michèle Flournoy, former U.S. Under Secretary of Defense, has joined the Board of Directors of Rivada Networks, Inc. “I’m honored that Michèle has agreed to join Rivada’s board,” said Rivada CEO Declan Ganley. “Michèle is one of America’s foremost thinkers on geopolitics. Her insights and advice will be invaluable… Continue reading Rivada Networks Welcomes Michèle Flournoy to its Board of Directors

Greaves Cotton clocks Rs 396 crore in Q1 FY24, registers 63% growth in EBITDA

The Bengaluru-based Greaves Cotton, one of India’s diversified engineering companies, has reported standalone revenues of Rs 396 crore for the Q1 FY24.  The company has reported an improvement in standalone margins, with quarterly EBITDA pegged at Rs 45 crore, registering a 63 percent year-on-year growth, and improving margins by 4 basis points to 11.3 percent.… Continue reading Greaves Cotton clocks Rs 396 crore in Q1 FY24, registers 63% growth in EBITDA

Greaves Cotton clocks Rs 396 crore in Q1 FY24, registers 63% growth in EBITDA

The Bengaluru-based Greaves Cotton, one of India’s diversified engineering companies, has reported standalone revenues of Rs 396 crore for the Q1 FY24.  The company has reported an improvement in standalone margins, with quarterly EBITDA pegged at Rs 45 crore, registering a 63 percent year-on-year growth, and improving margins by 4 basis points to 11.3 percent.… Continue reading Greaves Cotton clocks Rs 396 crore in Q1 FY24, registers 63% growth in EBITDA

Greaves Cotton clocks Rs 396 crore in Q1 FY24, registers 63% growth in EBITDA

The Bengaluru-based Greaves Cotton, one of India’s diversified engineering companies, has reported standalone revenues of Rs 396 crore for the Q1 FY24.  The company has reported an improvement in standalone margins, with quarterly EBITDA pegged at Rs 45 crore, registering a 63 percent year-on-year growth, and improving margins by 4 basis points to 11.3 percent.… Continue reading Greaves Cotton clocks Rs 396 crore in Q1 FY24, registers 63% growth in EBITDA

Postal Service Celebrates Wonders of the Microscopic World

Life Magnified Forever Stamps Issued Today CLEVELAND, Aug. 10, 2023 /PRNewswire/ — A dedication ceremony for Life Magnified stamps was held today in partnership with the American Philatelic Society at the Great American Stamp Show in Cleveland. The 20 stamps feature otherworldly images of some of the smallest components of life as we know it.… Continue reading Postal Service Celebrates Wonders of the Microscopic World

Abu Dhabi’s Department of Municipalities and Transport Accelerates Smart Transport Project, Paving the Way for a Sustainable and Eco-Friendly Future

The Project Provides Residents on Yas and Saadiyat Islands with 8 Robotaxis and 4 Minibuses, Serving Over 5,000 Registered Users and Fulfilling 17,000 Orders ABU DHABI, UAE, Aug. 8, 2023 /PRNewswire/ — In line with the vision of the wise leadership to make Abu Dhabi’s cities smarter and more sustainable, the Integrated Transport Centre (ITC) of the Abu… Continue reading Abu Dhabi’s Department of Municipalities and Transport Accelerates Smart Transport Project, Paving the Way for a Sustainable and Eco-Friendly Future

TransDigm Group Reports Fiscal 2023 Third Quarter Results

CLEVELAND, Aug. 8, 2023 /PRNewswire/ — TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the third quarter ended July 1, 2023. Third quarter highlights include: Net sales of $1,744 million, up 25% from $1,398 million in the prior year’s quarter; Income from continuing… Continue reading TransDigm Group Reports Fiscal 2023 Third Quarter Results

Beond Holding Successfully Closes Over US$17M Seed Round to Establish World’s First Premium Leisure Airline

DUBAI, UAE, Aug. 8, 2023 /PRNewswire/ — Beond, the world’s first premium leisure airline, is pleased to announce the successful completion of over US$17M Seed Round from a group of esteemed investors. The round was oversubscribed, reflecting the strong confidence and belief in Beond’s vision and potential. Participants included family offices, angel investors, and strategic… Continue reading Beond Holding Successfully Closes Over US$17M Seed Round to Establish World’s First Premium Leisure Airline